Author

 
Amogelang Mbatha

Amogelang Mbatha

    Zuma seeks advice of chief execs to avoid junk status
    Zuma seeks advice of chief execs to avoid junk status
    With South Africa at risk of falling into recession and having its credit-rating downgraded to junk, President Jacob Zuma is trying to patch up...
    Reserve Bank hikes repo rate to 6%
    Reserve Bank hikes repo rate to 6%
    South Africa's central bank raised its benchmark interest rate for the first time in a year, following through with warnings to tighten monetary...
    Nene: SA to curb debt growth as economy weakens
    Nene: SA to curb debt growth as economy weakens
    South African Finance Minister Nhlanhla Nene pledged to curb the growth in public debt as economic growth weakens and global interest rates rise....
    Botswana's policy will spur economic growth, says central bank
    Botswana's policy will spur economic growth, says central bank
    Botswana's central bank said it will stick to its accommodative monetary policy to help support economic growth that's set to slow because of power...
    SA poverty rate drops as government expands welfare programmes
    SA poverty rate drops as government expands welfare programmes
    South Africa's poverty rate fell 11 percentage points in the two years through 2011 as the government expanded welfare payments, the statistics...
    SA collects more tax revenue than expected
    SA collects more tax revenue than expected
    South Africa will meet or beat its budget deficit target of 4% of gross domestic product in the fiscal year that ended on Tuesday after collecting...
    ANC in talks on minimum wage to distribute wealth
    ANC in talks on minimum wage to distribute wealth
    The ANC is in talks with its labour allies on imposing a minimum wage to help redistribute wealth in the economy.
    Unemployment rate drops as government hires workers
    Unemployment rate drops as government hires workers
    South Africa's unemployment rate, which is the highest of more than 40 emerging markets tracked by Bloomberg, fell last quarter to 24.1% as the...
    South Africa follows emerging markets in raising interest rate
    South Africa follows emerging markets in raising interest rate
    The South Africa Reserve Bank unexpectedly increased its benchmark interest rate, following central banks in emerging markets from Turkey to Brazil...
    South Africa's economic growth slows to four-year low
    South Africa's economic growth slows to four-year low
    South Africa’s economy, the biggest on the continent, grew at the slowest pace in more than four years in the third quarter as labour strikes...
    Motor-vehicle plants disrupted as workers strike
    Motor-vehicle plants disrupted as workers strike
    Plants owned by several car makers in South Africa were disrupted on Monday as about 30 000 workers went on strike to demand higher pay.
    SA to name presidential economic task team
    SA to name presidential economic task team
    South Africa will appoint a presidential task team to focus on accelerating growth in the country, Gwede Mantashe, secretary general of the...