Structural reforms are often offered as the solution to South Africa’s growth problem, but we should be wary when they are code for privatisation
A bigger alliance will give the group extra economic heft, but it remains to be seen whether its members can speak in one voice
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The US ambassador’s allegations against South Africa come as a push to expand the Brics bloc’s influence threatens to force a new world order
The architecture of the global financial system hurts emerging market economies but the alliance has yet to offer an alternative
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Later this month the South African Reserve Bank will decide how big a rise the country’s flailing economy can take
Disagreements over a basic income grant, labour law reform and how to save the economy mean consensus is still far off. But trade-offs – and political shifts – will eventually have to be made for there to be any hope of real change
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Large corporates whose business has thrived because of inequalities, could be hijacking the anti-racist movement by offering money and not tangible changes
The ‘capitalist comrade’ has been with the international banking firm since 2000
The emergence of parties such as the African Transformation Movement signals a worrying trend
Standard Chartered pleaded guilty to currency manipulation (which included the rand) between 2007 and 2013
Colin Coleman and Cyril Ramaphosa go way back, and the Goldman Sachs banker has the ear of ANC policy gurus
Elon Musk says the company would continue to be publicly traded, weeks after suggesting that he would take the pioneering electric carmaker private
The President has less impact on investment levels than he may like to admit
By
It appears US banks lost $1-billion when they loaned to the tycoon who used his Steinhoff shares as collateral
Standard Bank, Goldman Sachs, HSBC and BASF Metals are the four companies accused of manipulating the price of platinum.
Ministers Yunus Carrim and Rob Davies and Goldman Sachs’s Colin Coleman spoke to us from Davos on the WEF’s relevance, perceptions of SA, and more.
A number of private portfolio exits could spark several companies to list on the stock exchange, says the top underwriter of IPOs.
By
Commodities will face increased risks despite the expectation that economic growth in the US will increase, says Goldman.
By
South Africa has made great progress since 1994 but needs to attract more foreign investment, says the Goldman Sachs’s report.
How is it possible that South Africa is a better place now than in 1994, asks a disgruntled South African expatriate.
By
Speaking at the Nelson Mandela Foundation, Finance Minister Pravin Gordhan says South Africans are lacking in hope and optimism for the country.
Greg Smith, whose insider resignation has wiped billions off Goldman Sachs’s stock, now shuns publicity and is believed to be in hiding.
A resigning director claims banking titan Goldman Sachs has become a ‘toxic and destructive’ firm focused on milking clients for everything it can.
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/ 5 September 2011
Europe’s top banks are due to meet to share insights on whether the latest sovereign debt crisis squall could yet turn into a financial market storm.
A new book on Goldman Sachs says the bank will take years to reinstate its image.
A nun leads the charge against the excessive amounts paid to corporate chiefs.
Goldman Sachs Group posted a 72% decline in quarterly earnings, and the bank warned there were fewer opportunities to make money.
Oil fell on Monday after Muammar Gaddafi appeared to accept a cease-fire plan, increasing the chances that Libyan crude will return to world markets.
Shares in Japanese manufacturers tumbled in the aftermath of Friday’s earthquake, as companies struggled to gather information from the stricken area.
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/ 19 January 2011
United States investment bank Goldman Sachs on Wednesday said fourth-quarter profit dropped 52% amid falling revenue.
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/ 10 December 2010
The EU executive launched a campaign this week for a new Europe-wide system of penalties, fines and possible jail terms in financial services.
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/ 19 October 2010
Goldman Sachs Group, the dominant US investment bank, said quarterly profit fell by more than a third.