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/ 6 November 2008
With almost all international bourses in the red, it was clear that sentiment had taken a turn for the worse, RMB said on Thursday.
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/ 5 November 2008
Nhlanhla Nene — who recently made the news when his chair collapsed during a TV interview — is to be sworn in as deputy minister of finance.
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/ 4 November 2008
SA new vehicle sales plunged 30,1% year-on-year in October as deteriorating consumer confidence added to the strain of higher interest rates.
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/ 3 November 2008
SA’s rand steadied against the dollar on Monday as fears of a global slowdown kept investors cautious towards the currency.
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/ 31 October 2008
SA will stand a better chance of ending poverty if the country maintains free-market policies, Mosiuoa Lekota said on Friday.
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/ 30 October 2008
Where the tax is likely to be targeted and how it will be implemented is unclear at this stage.
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/ 30 October 2008
Cabinet giving even more to education over the medium term, writes Primarashni Gower.
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/ 30 October 2008
And there won’t be one unless farmers get rain,
writes Lynley Donnelly.
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/ 30 October 2008
The government has allocated an additional R170-billion to spending over the next three years, and next year state spending will jump to 29% of GDP.
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/ 30 October 2008
The South African economy was back on the policy frontburner this week with two major documents emerging from the ANC.
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/ 30 October 2008
But the fund needs to be restructured in the long term. Lloyd Gedye reports.
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/ 30 October 2008
Trevor Manuel’s medium-term budget policy statement could have taken a more aggressive approach.
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/ 25 October 2008
The medium-term budget policy statement shows that robust policy decisions helped to weather the storm, writes Nic Dawes.
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/ 25 October 2008
The overall picture is that structural poverty and the inequality trap remain resistant to government’s best efforts.
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/ 23 October 2008
Finance Minister Trevor Manuel reiterated he is willing to serve another term if asked to, his spokesperson, Thoraya Pandy, said on Thursday.
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/ 22 October 2008
South Africa’s financial system is ” fundamentally sound and well capitalised”, according to the IMF’s Article Report released on Wednesday.
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/ 22 October 2008
South Africa ”stoically” resisted presenting a budget to drum up votes ahead of an election due next year, Finance Minister Trevor Manuel says.
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/ 22 October 2008
The rand fell to a six-year low against the dollar on Wednesday, losing about 60% of its value this year as it dipped as low as 11,07 to the dollar.
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/ 21 October 2008
High among the ”most pressing priorities” identified by Trevor Manuel on Tuesday was ”investing in the criminal justice sector.”
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/ 21 October 2008
Tough economic decisions taken early on are bearing fruit in the face of the world financial crisis, said the National Treasury on Tuesday.
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/ 19 October 2008
Our government would have taken stakes in the Big Four, say to the tune of R120-billion or so. Now this would be a debate to have locally.
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/ 19 October 2008
The cost of offshore borrowing for SA has jumped by 50% in recent weeks while foreigners have withdrawn R30-billion from the country since last month.
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/ 16 October 2008
Lloyd Gedye talks to the chief director of industrial policy, Nimrod Zalk, about the DTI’s new programme for the automotive industry.
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/ 15 October 2008
SA’s retail sales fell by 5,5% year-on-year in August at constant prices, official data showed on Wednesday.
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/ 14 October 2008
The relatively high economic growth between 2003 and 2007 is not sustainable and has been harmful for the future health of the economy.
SA’s economic confidence rose in September, largely due to expected easing in interest rates and inflation in 2009, a survey showed on Thursday.
The rand is unlikely to stabilise in the next week or two, Kruger International economist Ulrich Joubert said on Wednesday after volatile trade.
SA’s factory output growth slowed to 0,4% year-on-year in August and shrank 2,1% on a monthly basis, pointing to pressure from higher interest rates.
South Africa is not immune to global market turmoil, much as we would like to think otherwise.
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/ 30 September 2008
SA will keep its current policies to ensure sustained economic growth, despite a change in political leadership, Finance Minister Trevor Manuel says.
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/ 30 September 2008
Growth in demand for credit by South Africa’s private sector slowed to 18,64% year-on-year in August, central bank data showed on Tuesday.
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/ 26 September 2008
Wconomists Moody’s expressed comfort on Friday with the fact that President Kgalema Motlanthe had opted not to tinker with SA’s economic policy.