Fiscal Cliff

The treasury continues to underfund health and education

The corporatisation of SOEs has disempowered the South African public and benefited corporate power and private finance

Among state-owned entities, the beleaguered power utility is far and away the biggest risk to the public purse

Matrics get their results, the world rages over the Delhi gang-rape victim, America avoids the fiscal cliff and SA’s road death toll rises.

A higher gold price is unlikely to offset the effects of cautious American consumers and a weaker rand.

Fans of cliff-top dramas should settle back and prepare for another episode as the March deadline approaches.

US stocks are poised to begin the year with gains after the late passage of a Bill to avoid harsh tax hikes and crimped economic growth.

The US Senate overwhelmingly approved legislation to avert the "fiscal cliff" by stopping most of the tax hikes and across-the-board spending cuts.

Markets have appeared to be taking in stride the prospect that US politicians will fail to agree a budget deal in time.

With just hours left before the US hits the "fiscal cliff", investors on the other side of the world sold off stocks to lock in profits.

America’s "fiscal cliff", the name given to the hundreds of billions of dollars in tax rises and spending cuts, will dominate the economic week.

Congressional negotiators burrowed into their offices on Saturday to see if they could stop the US economy from falling off of a "fiscal cliff".

President Barack Obama, pushing for a deal to avoid the looming tax hikes and spending cuts entered last-minute talks with Senate leaders on Friday.

In the last week of 2012, investors will be waiting for word from the United States on its tax rises and spending cuts due to begin next year.

With the United States election now over, the world waits with bated breath to see how the country will address its looming "fiscal cliff".