• Tuesday, May 21 2013
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Picture: THINKSTOCK

Fall in leading indicator shows economy under pressure

2 hour(s) ago

Reserve Bank’s leading indicator of business activity falls in March for first time in eight months, with commodity export prices biggest drag

Economy

Local manufacturing sector ‘in dire straits’

Workers in a clothing factory in Newcastle, KwaZulu-Natal. Picture: FINANCIAL MAIL
1 day(s) ago

Bunched-up increases in administered prices a ‘significant challenge’, writes Mark Allix

Economy

Rates expected to remain unchanged despite speculation of a cut

Kristin Lindow, senior vice-president of the sovereign risk group at rating agency Moody’s. Picture: ROBERT TSHABALALA
2 day(s) ago

Apart from price stability, the Reserve Bank should keep an eye on employment and growth numbers

Labour

Amcu leader says union will ‘bring economy to standstill’

Association of Mineworkers and Construction Union president Joseph Mathunjwa. Picture: PUXLEY MAKGATHO
4 day(s) ago

Joseph Mathunjwa also demands to meet president, says ANC is ignoring violence against its members in the platinum belt

Economy

Tax act could be subject to litigation, says Davis

Judge Dennis Davis. Picture: MARTIN RHODES
4 day(s) ago

It may take a long time to bed down what the new Tax Administration Act means, says government tax review head Dennis Davis

Business

Call to align utility prices with nation’s growth objectives

Picture: THINKSTOCK
4 day(s) ago

Business confidence in manufacturing sector ‘stable’ during first quarter, according to Manufacturing Circle survey

Opinion

Weak currency no use in long term

South Africa has nothing to show for its progressively weaker currency

JSE.  Picture: MICHAEL BRATT

Jitters over unsecured loans, mine wage talks knock rand

JSE’s recent rally stalled, while rand extended its slide

Economy

Slump in SA retail sales growth fans fears on household spending

Picture: THINKSTOCK
5 day(s) ago

But most economists still believe Reserve Bank will keep interest rates on hold next week due to inflation concerns

Economy

SA downgrade not a done deal, says Moody’s

Picture: REUTERS
6 day(s) ago

Agency has South Africa’s Baa1 investment grade rating on negative outlook but says positive signs include responsiveness to nationalisation concern

Economy

Private sector looking for excuses not to invest, says Gigaba

Public Enterprises Minister Malusi Gigaba addresses a media briefing after delivering his budget speech on Tuesday. Picture: TREVOR SAMSON
6 day(s) ago

Public Enterprises Minister Malusi Gigaba rejects labour laws, crime and policy uncertainty as valid excuses for withholding investment, Transnet CEO Brian Moelefe agrees

Business

Courts reel in SARS ‘fishing expeditions’ against taxpayers

Picture: DAILY DISPATCH
5 day(s) ago

Open-ended fishing expeditions by South African Revenue Service could come under attack, tax conference hears

Picture: REUTERS

SA rating under threat from unrest in mining sector

Mine labour strife likely to lead to further downgrades by rating agencies, writes Mariam Isa

Economy

Tax advisory groups approved by SARS

South African Institute of Tax Practitioners CEO Stiaan Klue. Picture: FINANCIAL MAIL
6 day(s) ago

Five controlling bodies for tax profession receive recognition from South African Revenue Service

Economy

Zuma aims to strengthen trade ties with Russia visit

Russia's ambassador to South Africa Mikhail Ivanovich Petrakov welcomes President Jacob Zuma on his arrival at Russia's Sochi Airport. Mr Zuma is in Russia on a two-day working visit aimed at strengthening bilateral relations.  Picture: GCIS
6 day(s) ago

Leaders will review bilateral relations and exchange views on critical regional and global issues

Business

Eskom must procure 50% of coal from black miners by 2018, says Gigaba

Public Enterprises Minister Malusi Gigaba. Picture: MARTIN RHODES
7 day(s) ago

Public Enterprises Minister Malusi Gigaba driving establishment of Mine Development Fund to finance coal mine development, mainly at early exploration stage

Economy

South African retail sales rise in March

Picture: THINKSTOCK
6 day(s) ago

Increase shows slower growth than February but is still within 2%-4% range seen since November, and suggests rate cut less likely in short term

Economy

Treasury’s view of global economy brightens

Finance Minister Pravin Gordhan. Picture: MARTIN RHODES
7 day(s) ago

Orderly resolution of US problems vital, Treasury director-general Lungisa Fuzile tells MPs, while Finance Minister Pravin Gordhan highlights African optimism

Transport & Tourism

SA targets even higher tourism sector growth

South African Tourism CEO Thulani Nzima. Picture: SUNDAY WORLD
6 day(s) ago

International tourist arrivals to SA rise by more than double world average but country is targeting even higher growth in domestic tourism

Mining

UK urged to help end graft in African mining sector

Picture: THINKSTOCK
7 day(s) ago

Expert says Britain should stop secret bank accounts residing in its overseas territories such as the Virgin Islands from being used to transfer illicit monies

National

SA lags peers on wellbeing index

7 day(s) ago

A ‘wealth to wellbeing’ study carried out by the global Boston Consulting Group ranks SA 108 out of 150 countries surveyed

All Share 41521.201.08% up
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Industrial 25 47238.610.58% up
Resource 10 46708.232.78% up
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FTSE 100 6764.690.13% up
Dow Jones 15335.280.00% same
All Share 41521.211.08% up
ASX 5156.20-0.56% down
S&P 500 1666.2900.00% same
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USD/ZAR 9.55891.35% up
GBP/ZAR 14.47800.55% up
EUR/ZAR 12.29971.10% up
JPY/ZAR 0.09300.68% up
AUD/ZAR 9.34730.92% up
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Gold 1373.3250-1.41% down
Platinum 1458.5000-1.78% down
Silver 22.3550-2.15% down
Palladium 742.0000-0.13% down
Brent Crude Oil 104.220-0.55% down
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  • All Share : 41521.20
    Change: 1.08%
    Top 40 : 37001.55
    Change: 1.25%
    Financial 15 : 11909.54
    Change: 0.65%
    Industrial 25 : 47238.61
    Change: 0.58%
    Resource 10 : 46697.31
    Change: 2.75%
    All data is delayed by 15 min
    Data supplied by I-Net Bridge
  • FTSE 100 : 6766.16
    Change: 0.16%
    Dow Jones : 15335.28
    Change: 0.00%
    Hang Seng : 23373.40
    Change: -0.51%
    ASX : 5156.20
    Change: -0.56%
    S&P 500 : 1666.290
    Change: 0.00%
    All data is delayed by 15 min
    Data supplied by I-Net Bridge
  • ZAR/USD : 9.5560
    Change: 1.32%
    ZAR/GBP : 14.4751
    Change: 0.53%
    ZAR/EUR : 12.3000
    Change: 1.11%
    ZAR/JPY : 0.0930
    Change: 0.69%
    ZAR/AUD : 9.3488
    Change: 0.94%
    All data is delayed by 15 min
    Data supplied by I-Net Bridge
  • Gold : 1376.3750
    Change: -1.19%
    Platinum : 1464.0000
    Change: -1.41%
    Silver : 22.4300
    Change: -1.83%
    Palladium : 743.5000
    Change: 0.07%
    Brent Crude Oil : 104.260
    Change: -0.52%
    All data is delayed by 15 min
    Data supplied by I-Net Bridge
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