SA credit demand falls, corporates weigh
Phumza MacandaDemand for credit from South Africa's private sector fell more than expected in April, reflecting companies' reluctance to borrow further.
State says Moody's worries on politics overdone
Phumza MacandaSouth Africa has played down suggestions from Moody's that political pressure could lead to a further deterioration in public finances.
Expenditure growth slows in second quarter
Phumza MacandaThe pace of spending in the economy slowed sharply in the second quarter -- partly as household consumption eased -- but investment has picked up.
Gordhan says 7% GDP crucial for jobs
Phumza MacandaSouth Africa needs to double the rate of its economic growth in order to create jobs, Finance Minister Pravin Gordhan said on Thursday.
May retail sales climb, jury out on rates
Phumza MacandaSouth African retail sales rose more than expected in May, growing for the fifth month in a row ahead of the soccer World Cup.
SA current-account deficit at seven-year low
Phumza MacandaSouth Africa's current account gap narrowed to a seven-year-low in the fourth quarter of 2010, while expenditure slowed, the Reserbe Bank said.
SA's current-account gap widens in first quarter
Phumza MacandaThe deficit on South Africa's current account widened more than expected in the first quarter.
Gordhan, AG to probe 'wasteful' ticket spending by govt
Phumza MacandaFinance minister and auditor general are to investigate World Cup ticket purchases by government agencies amid concerns over "wasteful expenditure".
Reserve Bank dovish, factory rise seen as blip
Phumza MacandaThe Reserve Bank's note about the economy has hinted at a chance of a rate cut, despite a stronger-than-expected performance in the factory sector.
Nationalisation not govt policy, Gordhan reiterates
Phumza MacandaNationalisation of South Africa's mines and other economic assets is not government policy, Finance Minister Pravin Gordhan said on Monday.
