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Rene Vollgraaff
Presidency: Minister Zwane’s Gupta bank probe comments ‘unfortunate, regretted’
Article
Rene Vollgraaff
-
3 Sep 2016
Mosebenzi Zwane’s statement was “issued in his personal capacity and not on behalf of the task team or Cabinet”.
IMF slashes SA growth forecast
Article
Rene Vollgraaff
&
Staff Reporter
-
12 Apr 2016
The South African GDP will only grow by 0.6% this year, the International Monetary Fund predicts.
Gordhan taxes wealthy, cuts jobs to curb 2016 budget
Article
Rene Vollgraaff
-
24 Feb 2016
The finance minister targeted civil-servant jobs and increased wealth taxes in an effort to prevent a credit-rating downgrade.
Reserve Bank raises interest rate to 6.75%
Article
Rene Vollgraaff
&
Amogelang Mbatha 1
-
28 Jan 2016
South Africa's repo rate has been raised by 50 basis points in an effort to counter the rand's slump.
Nene may abandon deficit targets as downgrade threat looms
Article
Rene Vollgraaff
-
20 Oct 2015
With the nation's credit rating in terrible shape, SA's finance minister may be forced to downgrade growth and tax forecasts in his mid-term budget.
Low dollar-debt shields SA from weak rand, Nene says
Article
Rene Vollgraaff
-
27 Aug 2015
Finance Minister Nhlanhla Nene insists that the rand's fall is in line with emerging markets and only "temporary".
Rand dive gives power-starved economy no respite
Article
Rene Vollgraaff
-
26 Aug 2015
The very industries that should benefit from the rand’s slump are the ones being hobbled.
Rand’s fall fails to flummox Lesetja
Article
Rene Vollgraaff
-
22 Aug 2015
The currency's 10% drop against the dollar this year is unlikely to cause inflation to spike.
Reserve Bank hikes repo rate to 6%
Article
Rene Vollgraaff
-
23 Jul 2015
South Africa has raised its benchmark rate as inflation threatens to exceed the central bank's target.
Crunch time for interest rate hike
Article
Rene Vollgraaff
-
22 Jul 2015
South African policy makers may decide that the time for talking is over, as they meet to decide on the first increase in borrowing costs in a year.
Moody’s downgrades SA and Fitch could follow suit
Article
Rene Vollgraaff
-
7 Nov 2014
Moody's is the second ratings agency in 2014 to downgrade South Africa and Fitch, analysts warn, could very well do the same next month.
Manufacturing sees biggest decline in almost 5 years
Article
Rene Vollgraaff
-
11 Sep 2014
The four-week strike led by trade union Numsa in July disrupted the manufacturing sector causing production and output to shrink.
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