Having struggled to keep up with changing markets, the two entities under the department of communications are in states of financial disrepair
With Eskom and most other entities in states of disrepair, the relevance of the department of public enterprises is questioned
Implementing the country’s many masterplans demands capacity and focus from a department that has been pulled in different directions
Not everyone believes a stimulus package will get the country out of its economic crisis
Like that of KPMG, it does not answer the tough questions, probably because it is aware of the possible legal ramifications
Only mass civil action will hound this rogues’ gallery of corporate crooks out of town
New research paints a picture of the dwindling number of buyers willing to take on the difficult life of a factory owner.
South Africa’s first independent exchange-traded funds (ETF) investment platform for financial advisers is set to launch in Gauteng this month.
Hearing about the state of the economy is no fun. Especially when you get experts and politicians in the same room. Tanya Pampalone reports.
South Africa has 85% of the world’s supply of a metal that is in ever-increasing demand
If governments take on private-sector debt created during the subprime crisis, the poor will be hardest hit, economist Iraj Abedian said in Cape Town on Tuesday. ”Heaven help us if it happens in developing countries,” he told a discussion on the global economic meltdown.
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/ 20 February 2008
South Africa is sitting on gold, platinum and other minerals that are selling at record prices on world markets, yet its economy is, quite literally, underpowered. The rand, the worst performing currency this year, has lost 12% against the dollar in the past month since the country was hit with electricity shortages that kept mines from working.
The hallways were teeming with shoppers — and perhaps those just wanting to be seen — in Soweto’s spanking new Maponya Mall during December. According to mall management, approximately 45Â 000 people visited the R650-million shopping centre daily. Restaurants such as News Café and Primi Bazala drew in many upmarket young Sowetans.
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/ 9 September 2007
From a macroeconomic perspective, the massive disparities in South Africa, coupled with considerable expectations of economic empowerment, require sustainable growth of more than 6% in the next decade, writes Iraj Abedian, the chief executive of Pan-African Capital Holdings.