Tag Archiveseconomy

interestratesignfeat

SARB expected to remain in rate-cutting cycle

Weak economic growth, heightened political uncertainty and a potential fiscal fallout will make for a very cautious South African Reserve Bank (SARB) monetary policy decision on Thursday. (more…)

Read full story
Minister Malusi Gigaba

Malusi Gigaba – Man with a Plan

Today MoneyMarketing attended the media briefing at which our Minister of Finance, Malusi Gigaba, introduced government’s inclusive economic growth action plan. (more…)

Read full story
Frank Knight

Business failures set to blow as economy tanks

By Frank Knight, chief executive of Debtsource Few people realise that the largest source of business funding in South Africa is provided by private companies themselves. Businesses extend credit to their customers and obtain credit from their suppliers, usually in the form of short-term funding which lasts for 30 to 60 days per transaction. (more…)

Read full story
IMF, Treasury, economy, GDP, unemployment, International Monetary Fund

‘We must protect all institutions’ – Mcebisi Jonas

By Helmo Preuss Former Deputy Finance Minister Mcebisi Jonas told today’s AHI conference on “Creating jobs against all odds” that South Africans needed to protect all institutions as sustainable job creation cannot be dependent on the political incumbent of any particular institution. (more…)

Read full story
IMF, Treasury, economy, GDP, unemployment, International Monetary Fund

Life in South Africa much better than in 1994 – Think tank report

The Institute of Race Relations (IRR) has released a report titled Life in South Africa: Reasons for Hope, that sets out the social and economic progress our country has made since 1994. (more…)

Read full story
pensionfile

‘Domestic economy kept alive by pension increases’

Pensions continue to drive the South African economy while the downward trend for salaries persists, this according to BankservAfrica’s latest Disposable Salary (BDSI) and Private Pension (BPPI) indices. (more…)

Read full story
saeconomy-on-brinkf

SA’s Economic Misery Index – not as bad as during previous crises

Christie Viljoen, Senior Economist, KPMG in South Africa explains why SA’s Economic Misery Index is currently not as bad as seen during the 1991-94 political transition, 1997-98 Asian financial crisis, the 2001 bursting of the dot-com bubble, or the 2007–08 global financial crisis. (more…)

Read full story
deloitte

CFOs need to focus more intelligently on strategic responses to economic risks

In an increasingly unpredictable world, Chief Financial Officers (CFOs) in South Africa are under pressure to improve the strategic responses of their organisations to the ongoing flux in external risk factors, says Deloitte. (more…)

Read full story