Business

The Organisation Undoing Tax Abuse has questioned why Nersa has not immediately provided its reasons for issuing the controversial generation licences

With its industrial base decimated, SA’s economy needs real change — Godongwana

Sarah Smit - 7 days ago

Speaking at a book launch on Tuesday, the finance minister said a focus on manufacturing is critical to stem the country’s deepening unemployment crisis

Sanlam sells UK businesses worth R5bn

Anathi Madubela - 21 Sep 2021

The insurer ditches R5.1-billion to focus on Africa and other emerging markets

If the inflation-driving supply strain in the US lasts, it could put South Africa in a chokehold

Sarah Smit - 19 Sep 2021

In South Africa, a strong trade surplus, buoyed by robust commodity prices, will cushion our economy against pressure arising from US policy

Farmers squeezed by big retailers

Anathi Madubela - 19 Sep 2021

It may be beneficial for consumers when supermarkets push to get the lowest price from suppliers, but it can harm the farmers

Capitec Bank flies high above Viceroy’s arrow

Sarah Smit - 17 Sep 2021

The bank took a knock after being labelled a loan shark by the short seller, but this has not stymied its growth

Municipal employees to get a 3.5% increase after wage deal

Anathi Madubela - 16 Sep 2021

The South African Local Government Association said a three-year wage deal had been agreed on the remuneration of municipal employees

Gold‌ ‌is‌ ‌mining’s‌ ‌biggest‌ ‌jobs‌ ‌loser,‌ ‌as‌ ‌platinum‌ ‌rakes‌ ‌in‌ ‌the‌ ‌cash‌

Sarah Smit - 14 Sep 2021

The industry has lost 23 000 jobs since 2012, according to a Statistics South Africa census

Beer industry welcomes lifting of Covid-19 alcohol ban

Marcia Zali - 13 Sep 2021

But brewers warn that a festive season prohibition will negate any recovery in the sector

Vax passports: Business takes cues from government

Sarah Smit - 12 Sep 2021

The private sector, labour and government have been thrashing out ways to increase vaccinations and to restart the economy

Tourism, hospitality and restaurant sectors welcome vaccine passports

Anathi Madubela - 12 Sep 2021

Vaccine passports prove to be a contentious issue for tourism, hospitality and restaurant sectors as some welcome them and some have fears of placing another hurdle ahead of economic growth

South Africa’s recovery lags behind emerging market peers Mexico, India

Sarah Smit - 10 Sep 2021

The economy grew for the fourth consecutive quarter, but the country is playing catch-up to its peers

Brics summit: Leaders focus on Covid-19 vaccine equality and potential Afghanistan ‘crisis’

Anathi Madubela - 10 Sep 2021

President Cyril Ramaphosa stressed the need to pursue the United Nations’ sustainable development goals as well as climate action, peace and justice”

July manufacturing output hit by Covid-19 third wave and unrest

Anathi Madubela - 9 Sep 2021

In mid-July, supply chains and industrial output were disrupted when parts of the country were rocked by looting, triggered by protests against Zuma’s incarceration

Effects of recent unrest on the economy set to linger, finance minister tells parliament

Tunicia Phillips - 8 Sep 2021

‘The unrest presents an untimely and negative effect on SA’s growth prospects,’ said Godongwana, adding that this could last for the next six quarters

No salary increases for finance commissioners, parliament hears

Anathi Madubela - 8 Sep 2021

The recommendation for no pay hikes is based on South Africa’s financial position in general, as well as the effects of the Covid-19 pandemic

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