Rene Vollgraaff
Guest Author
Presidency: Minister Zwane’s Gupta bank probe comments ‘unfortunate, regretted’
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
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
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%
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
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
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
The very industries that should benefit from the rand’s slump are the ones being hobbled.
Rand’s fall fails to flummox Lesetja
The currency's 10% drop against the dollar this year is unlikely to cause inflation to spike.
Reserve Bank hikes repo rate to 6%
South Africa has raised its benchmark rate as inflation threatens to exceed the central bank's target.
Crunch time for interest rate hike
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
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
The four-week strike led by trade union Numsa in July disrupted the manufacturing sector causing production and output to shrink.
Press Releases
Special Reports
Balwin properties and Absa launch South Africa’s first green home loan
Balwin Properties’ Edge registration of over 16 000 units was a global first, covering more homes than any single property developer in the world to date
Special Reports
Young professional gets a career boost from PSETA
SAICA makes ongoing efforts to encourage the professionalisation of financial offices in private and public sector organisations
Special Reports
Colgate-Palmolive South Africa donates one million bars of soap
The combination of limited access to quality soap and a lack of knowledge of how to properly wash hands is a challenge in many vulnerable communities
Special Reports
Cheque value bundles – real value
Most people do not pay much attention to what bank account they have and whether or not it is suited to their daily realities
Special Reports
Absa Rewards puts cash in your pocket
In addition to the cash benefits, you will receive special offers and exclusive deals from selected Absa Rewards partners
Special Reports
Municipal audit outcomes reveal public sector financial management must be professionalised
SAICA calls for a review of the mandatory minimum skills and qualifications required for all key financial management positions within the public sector
Special Reports
Eleven ways to protect yourself against fraud
While financial services firms work continuously to improve security, fraudsters are always devising new plans to circumvent the latest safety measures
Special Reports
Security and Compliance Evolution in the Data Revolution
Organisations must adopt a risk-based approach to compliance and rely on technology to mitigate that risk and on people and process controls as well
