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SA bonds subdued ahead of Budget speech
South African bonds were strengthened as the currency appreciated somewhat, but some analysts feel the bolstering is a temporary one.
Weaker rand and socio-economic uncertainty weigh on bonds
The South African bond market was weaker on Thursday morning due to a weaker rand and uncertainty about the political environment.
Rand firmer after Friday’s price action
The rand was slightly firmer on Monday morning after a mixed US employment report on Friday spurred intense price action.
Bonds mixed as traders await rate decision
Investors on Wednesday morning awaited Reserve Bank governor Gill Marcus’s announcement on the repo rate.
SA beats global average on ‘economic freedom’ index
South Africa was ranked 75 out of 178 countries in the 2014 index of economic freedom, outdoing other sub-Saharan countries and the global average.
November retail trade sales beat expectations
November retail trade was up by more than 4% from last year, Statistics South Africa has said.
Electricity ‘extremely tight’ for next three days, warns Eskom
As businesses and schools reopen on Wednesday, the power utility has warned that the national electricity grid will be under extreme pressure.
Accelerate Property Fund announces plans to list on JSE
A newly-formed retail-focused property fund plans to list on the JSE.
Rand steady ahead of key data releases
Little changed from its overnight close against the major currencies‚ as the rand held steady in early trade on Tuesday.
JSE at fresh high as SA awaits Gordhan’s budget speech
The JSE was trading at a new high as this week’s main focus shifts to the medium-term budget policy to be delivered by the finance minister.
SA Breweries not budging on 7% wage offer
As SA Breweries workers embark on a strike over wage negotiations, the company has stood by its 7% wage offer.
South Africa’s fuel prices to rise
The retail price of all grades of petrol will increase by 41 cents per litre, says the department of energy.
Gauteng high earners are leaders in consumer debt
Gauteng has the highest consumer debt per capita of all nine provinces and accounts for almost half of total consumer debt in SA, says a new survey.
Petrol price to rise 93 cents
The energy department says the retail price of all grades of petrol will increase by 93 cents per litre next week.
Without revenue, Sanral faces ruin by October 2013
Rating agency Moody’s says Sanral will buckle under its financial burdens after October next year if e-tolling doesn’t start making money by then.