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latest news & developmentsSA energy crisis sends rand tumbling
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…
Consumer confidence remains high, survey shows
Results of the latest MasterCard Worldwide Index of Consumer Confidence for the first half of 2008 show that consumer confidence in South Africa remains optimistic, despite a…
Mining losses could hit GDP by R5,6bn
South Africa’s mining industry could lose up to R9,2-billion in revenue and the country’s GDP could take a knock of up to R5,6-billion as a result of the power restrictions…