The country's windfall lies in the syn tax

South Africa's economy could win if the unfair benefits accruing to producers of synthetic fuels ended.
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MPs in standoff over severe cuts

Talks appear to be stalling between EU, IMF negotiators and Greek officials.
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Jobs shock puts pressure on EU

Developments in Spain and Portugal demand urgent attention.
1 comment(s)

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PMI shows positive growth in manufacturing sector

After months of disappointing data, the Purchasing Manager's Index rose 3.8 points to 53.2 in January, the highest level since June 2011.
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Busa demands less talk, more action from budget

Busa said there is no need for drastic action in the South African economy, but rather encourages government to spend its money better.
3 comment(s)

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Petrol price to rise by 34c a litre next week

The petrol price will rise by 34 cents a litre at midnight on Wednesday next week, the department of energy has announced.
3 comment(s)

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Producer price inflation slows down

Producer price inflation -- or the increase in factory gate prices -- eased to 9.8% year-on-year in December, says Statistics SA.
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Doubts over economic zones Bill

SEZ offer little detail and don't clarify government's policy, say critics.
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How to deal with a downgrade

Some blame the occult, others the eurozone, but France gets down to brass tacks.
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Rates on hold amid worsening outlook

Gill Marcus keeps rates on hold.
6 comments

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Interest rates remain unchanged at 5.5%

The South African Reserve Bank's monetary policy committee has announced that the repo rate needs to remain constant to build a "stable" environment.
3 comments

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Fedusa urges repo rate cut

Fedusa says the South African Reserve Bank should cut the repo rate by at least 100 basis points to stimulate the economy and create jobs.
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Purchasing managers' index drops

South Africa's purchasing manager's index has dropped from 51.6 in November to 49.4 in December -- a first move below the 50 level since August 2011.
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December consumer price index remains steady

South Africa's consumer price index, which was expected to have increased, has remained steady at 6.1% year-on-year in December.
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SA's December inflation expected to rise

As Stats SA is due to release December's consumer price index this week, economists suggest consumer inflation is likely to have risen to 6.2%.
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Mining sees highest foreign direct investment for 2009

South Africa's mining and quarrying sector has seen the largest foreign direct investment for 2009, followed by manufacturing and finance.
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Do the maths: Results not in line with SA's ambitions

The number of quality maths and physical science passes achieved by the class of 2011 bodes ill for SA's plans to create five million jobs by 2020.
20 comments

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Oil falls to nearly $101 ahead of Europe meeting

Oil prices fell to near $101 a barrel on Monday in Asia amid investor concern over the outcome of a meeting between the leaders of Germany and France.
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Cameron to block EU-wide financial transaction tax

British Prime Minister David Cameron will block attempts to introduce EU-wide financial transaction tax based on fears of harming jobs and prosperity.
6 comments

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SA's economic prognosis is good

Good figures from last year suggest that 2012 is likely to be even better.
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