Bank points to political uncertainty fuelling rand volatility
Six-member MPC split evenly between a hike and leaving the rate unchanged and only after ‘further deliberations’ settled on a 25 basis point increase
- EDITORIAL: A quarter point compromise
- COMMENT: High time the ANC took decisive action against this scourge
- Zuma defiant as fallout from Jonas exposé rages
- Fed helps boost JSE to year high
- Reserve Bank raises interest rate to 7%
- Inflation expectations for first quarter of 2016 are unchanged, says BER
Economy
State urged to help localise aluminium value chain
Local beneficiation of aluminium will allow motor companies to stop importing up to 50% of metals used in their cars
Economy
Reserve Bank raises interest rates by 25 basis points
Three MPC members supported a rate hike, while three other members favoured unchanged rates
Economy
Inflation expectations for first quarter of 2016 are unchanged, says BER
While analysts are revising their inflation forecasts significantly upwards, business people and trade union officials are lowering theirs for 2016 and 2017
Economy
Wholesale trade fell in January
Although wholesalers were less pessimistic in first quarter of 2016, confidence remains at low levels, so trading conditions are likely to remain challenging
Economy
Motor sales decline on effect of last year’s rate hikes
The Reserve Bank has raised interest rates three times by a cumulative 100 basis points since July last year to stave off rising inflation, economists expect more this year
Americas
Dovish Fed may take pressure off Reserve Bank
US Federal Reserve’s move will have been closely monitored by the Reserve Bank and coincides with a visit to SA by rating agency Moody’s
Economy
Drive to buy local stalled by ‘tardy’ Treasury
Treasury drags its heels designating products that the trade department can target with R500bn procurement budget, says director-general
Raising competitiveness of regions in provinces’ hands
Regions and provinces must provide a ‘development package’ focusing on interventions and instruments, writes Landiwe MahlanguEconomy
Consumers face financial strain as rising prices take toll
The consumer financial vulnerability index improved in the fourth quarter but the long-term trend is worrying as household spending slows
Economy
Global executives have mixed views on SA’s motor sector
Motor industry executives consider South Africa as the second most important emerging automotive market over the next five years
Opinion
‘Spoils factionalism’ will ensure Zuma stays in place
Natasha Marrian
President Jacob Zuma’s defiance in Parliament shows still he feels untouchable after damaging disclosure
Opinion
UNEMBARGOED: Leaner SA needs policy reorientation and real sacrifices
Songezo Zibi
The days of leaving everything to the Treasury appear to be over. Our problems are not about fiscal management, but about politics
Multimedia
Economy
Consumers being hit increasingly harder by rising prices
Access to more credit may be further hampered by the implementation of new affordability assessment criteria as part of revisions to the national credit regulations
Economy
Watchdog to study debt amnesty
National credit regulator CEO suggests some debt forgiveness to ease burden on poorer households
National
SA must earn back trust, says Gordhan
Investors with billions in exposure to SA want fiscal stability, while ratings agency Moody’s arrives this week for a review after putting South Africa on notice for a downgrade
African Business
Enterprise Mauritius team in SA
Mauritian business representatives in South Africa to promote trade opportunities in textile manufacturing, accessories, jewellery, and agricultural products
National
Gordhan tells Hawks his focus is on the Treasury
Finance minister hits back at Hawks for their ‘threatening statement’ and tells them he is focused on the vital work of the Treasury
National
Eskom’s improved outlook not about skill but rather SA’s economic slowdown
The issue is not that Eskom has ‘magically turned around’ but rather that demand has fundamentally collapsed, the Energy Intensive Users Group of SA says
Economy
Brace for another rate hike, economists warn
Economists believe 25 basis-point interest rate increase will likely be outcome of next monetary policy committee meeting
Opinion
A country downgrade would be utter misery for all
Hilary Joffe
Particularly worth watching are SA’s big five banks — a downgrade is likely to affect them disproportionately
Opinion
THE POINT: Lean start-ups will excite SA’s young people
Owen Skae
Youth should embrace the lean start-up approach — learn the method, listen to customers and ditch the traditional elaborate business plan
Will Zuma’s visit to Nigeria bolster trade?
The countries’ shared history and co-operation between its leaders could trickle down, writes Sam MkokeliEconomy
Contractions in factory and mine output bode ill for the economy
Statistics SA data on crippled sectors a blow as the country battles to stave off a credit ratings downgrade
Economy
Trade index improves, but outlook is grim
South African Chamber of Commerce and Industry’s (Sacci’s) trade survey remains at a low 41 points
Economy
Pace of growth in retail sales slows in January
Investec chief economist Annabel Bishop says the slowdown in growth has affected consumers as real gross national income per capita has fallen since 2012
Economy
Rating cut looms as Moody’s flags risks
Agency concerned about SA’s debt and ‘shocks’ to growth
Economy
Trade conditions up slightly in February
Despite the improvement in trade conditions in SA, the 41 is well below the 48 recorded in February 2015, indicating constraining economic conditions, among other
Opinion
WTO’s record boosts its hand in talks
Roberto Azevêdo
World Trade Organisation has a record of sustained achievement in negotiations, dispute-resolution and the monitoring of trade policies and trends
Opinion
Rules of cowboys still ring true
Michel Pireu
Cowboys didn’t buy their hats on credit. Billy the Kid didn’t lease his guns
National Development Plan
A guide for business to the NDP, with interviews, features and infographics
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In depth: Brics
News, views, analysis and multimedia coverage of the Brics
nations: Brazil, Russia, India, China and South Africa
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