Harare makes way for Little Shanghai
Attracted by Zimbabwe's government, that likes to see itself as China's best friend, Chinese businesspeople are making the trek to Zimbabwe.
Attracted by Zimbabwe's government, that likes to see itself as China's best friend, Chinese businesspeople are making the trek to Zimbabwe.
Despite levels of pessimism worldwide about economic conditions, local business owners are more optimistic than their international counterparts.
Businesses are continuing to cut costs and focus on efficiencies, a survey of leading executives across Europe and the Middle East has shown.
The conundrum facing credit ratings agencies can perhaps be best illustrated by the comments of a director of one of the industry's largest players.
The internet economy is growing markedly and is now worth R59-billion, contributing 2% to the South African economy, writes Lisa Steyn.
Joseph Stiglitz's advice sounds similar to that of the old-time salesmen selling snake oil as a cure for everything.
Reform is needed to simplify products for which the returns are barely worth the investment, writes Maya Fisher-French.
The slowdown in the global economy and effect of cheaply manufactured goods on the local manufacturing sector will continue to affect production.
The South African Chamber of Commerce and Industry says business confidence dropped to its lowest point last month since March 2009.
Despite signs of economic growth, inflation and energy fears have put a damper on South Africa's economic forecasts.
The South African Chamber of Commerce and Industry says business confidence in the country dropped in January to its lowest level since May 2010.
The South African Chamber of Commerce and Industry says business confidence stabilised in November -- but at low levels.
The South African Chamber of Commerce and Industry says the Business Confidence Index declined by 0.9 points last month.
Moody's Analytics believes that South Africa's economic recovery is durable and that business confidence is on an upward trajectory.
Sacci's business confidence index rose to its highest level since September 2008 at 88,3 in March, from 86,4 in February, it said on Tuesday.
Business confidence held steady in January compared with December, the SA Chamber of Commerce and Industry said on Thursday.
Business confidence in SA improved slightly in December but remains vulnerable due to shaky investment and household spending, a survey shows.
Business confidence dropped in October after rallying for the previous five months, the SA Chamber of Commerce and Industry said on Wednesday.
South Africa's business confidence index jumped to its highest level in two years in August.
Business confidence in SA slipped in July on signs the economy is still struggling to gain momentum after last year's recession, a survey has showed.