Financial institutions, backed by the state, are increasingly catering for this fast-growing market, writes Lisa Steyn.
Ongoing economic uncertainty has pushed the super-rich to invest more in treasure assets, the most tangible of safe havens.
The world’s top 40 mining houses reported record profits in 2011, but share prices have plummeted and market capitalisation has fallen by 25%.
Reserves, profits and loans are on the rise but eurozone uncertainty is casting a pall over the future in South Africa, argues Lisa Steyn.
The internet economy is growing markedly and is now worth R59-billion, contributing 2% to the South African economy, writes Lisa Steyn.
The Spanish bank crisis has led to investors running to safe havens again, worsening rand volatility, writes Lisa Steyn.
The state is trying to work out how to raise the funding shortfall needed to meet e-tolling’s contractual obligations. But it won’t raise the deficit.
A major partner in the SKA project has already pulled out and the costs of the project are set to balloon. Lisa Steyn reports.
The monetary policy committee on Thursday decided to leave the repo rate — at which the Reserve Bank lends to commercial bank at 5.5%.
The debate on excessive executive pay is as hot as ever — and what a difference 18 months makes to the discourse.
The slowdown in the global economy and effect of cheaply manufactured goods on the local manufacturing sector will continue to affect production.
The volatile rand again bore the brunt of global risk-off trading and weakened to R8.37 against the dollar this week, its lowest level this year.
British American Tobacco warns it could choke from the onslaught of rules and grey imports, writes Lisa Steyn
A new index measures countries’ ability to manage change to achieve sustained long-term growth, Lisa Steyn reports.
The controversial e-tolling of Gauteng’s major highways could very well tip South Africa’s credit rating over the edge, ratings agency Moody’s says.
The continent is giving ’emerging Asia’ a run for its money, despite often negative perceptions of having unstable investing conditions.
A vast underground network on the East Rand provides riches for those prepared to take the risk, writes Lisa Steyn.
A vast underground network on the East Rand provides riches for those prepared to take the risk, writes Lisa Steyn.
Will the South African National Roads Agency Limited get a new boss who is much closer to Transport Minister S’bu Ndebele than Nazir Alli was?
The burden of the global financial crisis is not borne evenly, says South Africa’s Reserve Bank Governor, Gill Marcus.
Companies have defended their money management strategies after Finance Minister Pravin Gordhan lashed out over lack of investnment.
The uptick in credit sector has been driven by the demand for unsecured loans, but the reserve bank is not concerned.
The South African treasury has warned that halting the user-pay system (e-tolls) will have dire consequences for South Africa’s finances.
Although it has been described as ‘conservative’, Transnet’s mooted infrastructure upgrade will create jobs, increase exports and meet local demands.
Stephen Goodson has been on the South African Reserve Bank’s board from 2003. He holds extremist views on Hitler’s Germany and Gaddafi’s Libya.
Sanctions on Iran have pushed up the oil price, but government’s levies and tariffs are not easing the pain as massive fuel price hikes hit consumers.
The Auction Alliance case of ghost bidders and collusion has confirmed the consumer commission’s powers and capabilities.
The department of energy says the recent drastic fuel price increase is due to external factors and has urged South Africans to be fuel efficient.
Despite signs of economic growth, inflation and energy fears have put a damper on South Africa’s economic forecasts.
Business has claimed that "irrational" labour Bills were passed before a final Nedlac report and were not properly assessed by stakeholders.
The IDC has invested in a platinum mine which hopes to create 9 000 jobs and use a unique process to make it more energy efficient.
New Cell C chief executive Alan Knott-Craig says the mobile operator has its eye on 25% of the market share as part of its long-term strategy.