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Mail & Guardian
Liezel Hill

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Liezel Hill

Liezel Hill works from Johannesburg. ll Metals, mining & agriculture editor at Bloomberg News ll Retweets are absolutely not endorsements ll Views are my own ll Liezel Hill has over 1926 followers on Twitter.

Joseph Kony

South African Airways seeks billions in long-term funding to help manage debt

SAA says the funding will be used for working and capital expenditure and to help manage outstanding debt.

Zuma stymies Gordhan’s bid to rescue SA’s economy

The president’s persistent scandals and missteps are undermining the efforts of the finance minister to avoid the country’s plunge into junk status.

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.

Zuma seeks advice of chief execs to avoid junk status

The president will reportedly look to patch up ties with business leaders on Tuesday – just two days before the State of the Nation address.

Public Protector Busisiwe Mkhwebane released her report on the multimillion-rand Vrede Dairy Project — initiated by the Free State government in 2012 as part of its efforts to boost the province’s agricultural economy — in February last year. (Gallo)

Reserve Bank in a quandary over rising recession risk

With South Africa facing the very real possibility of a recession this year, every policy decision becomes extremely difficult for the Reserve Bank.

Nigerian Aliko Dangote is out to dominate Africa’s cement industry.

Billionaire Aliko Dangote cements his base

Construction’s most basic ingredient is what will make this continent boom, says Africa’s richest man.

The rand dropped to fresh low this week.

Rand dive gives power-starved economy no respite

The very industries that should benefit from the rand’s slump are the ones being hobbled.

Construction of the Kalininskaya nuclear power plant near Moscow. Russia’s energy company is angling for a monopoly in South Africa.

Will Putin pay for SA’s $100bn nuclear plan?

The awarding of contracts to build SA’s nuclear plants is nearing. Who will pay for the big project?

Al-Bashir sets up high court and Zuma administration clash

Both the Pretoria high court and the International Criminal Court face a key test of credibility after al-Bashir’s free passage.

African countries will need to ‘step up their game’

African nations are facing mounting risks as they seek to extend two decades of stellar economic growth.

Govt cuts e-tolls after consumer opposition

Road users in Gauteng will pay up to 50% less a month in toll fees, according to Deputy President Cyril Ramaphosa.

Finance Minister Nhlanhla Nene has warned of ‘a new age of pain’ – and now the new research is being ‘spun to serve the austerity cause’.

Nene open to partners for Eskom plants

Treasury will consider partnerships with the private sector to extend some of SA’s infrastructure build despite it being politically impossible.

The higher producer prices come after consumer inflation also bucked consensus expectations, shooting through the upper limit of the Reserve Bank’s target in May. (Oupa Nkosi, M&G)

Growth risks mount even as SA dodges a recession

GDP data is expected to show SA rebounded from a contraction but there still remains little momentum to spur economic growth.

Khato Civils sanitation project in Giyani shows the company’s focus on delivering clean water for development. Photo: Supplied

Government wants more payments from colluding World Cup builders

The economic development minister says government is seeking a restitution package from colluding construction firms following a R1.5-billion fine.

Investors see Russia less risky than SA as strikes impede growth

Investors are beginning to favour the Eastern European country over South Africa as strike in mining and metals overshadow the seizure of Crimea.

World’s biggest fly farm coming to Cape Town

Apart from its scenic tourist attractions, the Mother City will soon boast a massive commercial fly farm with 8.5-billion insects.

Ngoako Ramatlhodi is apparently relinquishing his platinum shares.

Ministers review controversial changes to mineral Act

Government officials have begun to review the proposed changes to the Mineral and Petroleum Resources Development Act.

President Jacob Zuma.

Zuma looks to increase investor confidence as SA economy buckles

The president is under pressure to buoy investor confidence with his State of the Nation Address amid a credit-rating downgrade and ongoing strike.

Most economists surveyed by Bloomberg expected that Reserve Bank governor Gill Marcus would hold rates at 5.5% at the announcement.

MPC keeps repo rate unchanged at 5.5%

The prime lending rate remains at 9% in the wake of Reserve Bank governor Gill Marcus’s announcement that the repurchase rate will be kept at 5.5%.

Inflation in April increased from 6% to 6.1%

Inflation breaches Reserve Bank target

Inflation in South Africa increased to 6.1% in April, exceeding the Reserve Bank’s target of between 3% and 6%.