The private credit extension figures released last week show that over indebted consumers are staying away from taking on further debt.
Economist <b>Dawie Roodt</b> takes a closer look at what is driving South Africa’s currency.
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/ 30 October 2009
His predecessor must have been all smiles as he listened to Pravin Gordhan deliver his maiden budget with sterling confidence.
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/ 30 October 2009
Soaring debt could mean serious discomfort for South Africa’s economy, writes Lynley Donnelly.
South Africa should not do away with inflation targeting, but there is room to reconsider the narrow target inflation band, say economists.
Bail-out promises for industry, whether well intentioned or politically expedient, have to be held up to the cold green light of cash.
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/ 9 February 2009
There was a time in the development of the present monetary system when you’d not accept a coin without biting it to check its authenticity.
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/ 26 January 2009
The IMF on Monday cautioned African economic policymakers to prepare a response to the economic threats gathering on the horizon.
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/ 14 November 2008
Pius Sawa visits the West Nile region to see how a good bean harvest or a goat can cover the school fees without money changing hands.
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/ 29 October 2008
Pakistan has sought an emergency bail-out from the International Monetary Fund.
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/ 19 September 2008
Read the second part of Zwelinzima Vavi’s economic manifesto, in which he looks ahead to economic policies geared towards SA’s future.
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/ 16 September 2008
South Africa’s economic freedom ranking has dropped five places in the past year to 54 out of 141 countries, according to a new report.
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/ 12 September 2008
The trade activity index picked up further in August 2008 to 46 after registering 43 in July, the SACCI said on Friday.
The balance between growth and exploitation is tenuous, writes Piet Naudé.
Our professionals groan when posted to Uganda, or Tanzania, or South Africa even — these people don’t work; they take long lunches; they don’t save.
SA’s retail sales fell for the fourth consecutive month in June, data showed on Wednesday, a further sign that consumers are feeling the pinch.
A Marxist novel written in 1929 has climbed to the top of Japan’s bestseller list.
There is a need for changes in the country’s economic policy, Cosatu general secretary Zwelinzima Vavi said on Thursday.
Growth in demand for credit by South Africa’s private sector quickened in the year to June, data showed on Tuesday.
The Bureau for Economic Research says in its third-quarter 2008 prospects report that South Africa’s economy faces a tough road ahead.
South African Finance Minister Trevor Manuel said on Monday the National Treasury was ”comfortable” with its 4% average growth forecast for 2008.
The Organisation for Economic Cooperation and Development on Tuesday released a key report on the economic status of South Africa.
SA is not moving into a recession, Jeremy Gardiner, director at Investec Asset Management, said on Thursday at a media briefing in Johannesburg.
South Africa’s manufacturing output growth slowed sharply in May, official data showed on Thursday.
SA can weather the storm on global financial markets, although domestic growth is likely to be slower as a result, ANC president Jacob Zuma says.