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Picture: REUTERS

April trade deficit R2.51bn as imports and exports fall

SA trade data better than expected last month as both imports and exports fell, with the country recording a trade deficit of R2.51bn

Economy

Producer inflation expected to accelerate in coming months

Picture: THINKSTOCK

Producer inflation slows unexpectedly in April compared with a year ago as food prices, which make up 25% of producer inflation basket, rise at slower pace

Economy

PPI slows to 3% in April

Picture: THINKSTOCK

Producer inflation for final manufactured goods decelerates slightly to 3% year on year in April from 3.1% in March, Stats SA data shows

Economy

Grain SA revises downwards maize import volumes

Picture: RUSSELL ROBERTS

Grain SA revises downwards the maize volumes that SA will have to import this year as reports emerge that local production will be higher than earlier estimated

Economy

WATCH: Editing Allowed on the economy

Peter Bruce and the Editing Allowed team take a critical look at growth and unemployment figures

Economy

Bank still in a tightening cycle, says deputy governor Groepe

Reserve Bank deputy governor Francois Groepe. Picture: THE HERALD

Reserve Bank deputy governor Francois Groepe says bank in a rate-tightening cycle — implying interest rates will rise again

National

Growth in disposable salaries outpaces that of inflation

Picture: THINKSTOCK

Automated payments clearing house BankservAfrica says growth in disposable salaries outpaced that of inflation in April, giving consumers some financial relief

Economy

Gloomy outlook for SA as growth plummets

Pali Lehohla. Picture: NTSWE MOKOENA/GCIS

Manufacturing and agricultural sectors worst performers as load shedding, weak demand, drought and resignations in public sector curbed output

Economy

Unemployment increase shows economy battling to create new jobs

A group of men sit along a road looking for work. Picture: SUNDAY TIMES

Figures imply that 8.7-million people who were able to work were not in employment

Economy

GDP slows to 1.3% in first quarter

Picture: THINKSTOCK

Economic growth in South Africa slows in first quarter from 4.1% in the fourth quarter of 2014, weighed down by sectors such as agriculture and mining

EDITORIAL: Jobs should be an obsession

Every government policy initiative needs to be looked at through the prism of whether its effect on job creation will be positive

Economy

SA unemployment rate increases slightly in first quarter

A group of men sit along a road looking for work. Picture: SUNDAY TIMES

Unemployment rate increases to 26.4% in first quarter of 2015 from 24.3% in fourth quarter of last year, Stats SA’s Quarterly Labour Force Survey shows

Economy

Effect of forex price fixing would be minuscule, says Reserve Bank

Picture: SUNDAY TIMES

Competition Commission informed the Reserve Bank of the forex market probe, but there were ‘legal issues around the confidentiality of the whistleblower’

Economy

Treasury to rethink planned electricity levy increase

Ismail Momoniat. Picture: ROBERT TSHABALALA

Eskom’s unexpected, and late, request for a huge tariff increase prompts Treasury to reconsider while the Carbon Tax Bill is due to be submitted to Cabinet

Economy

Composite leading indicator falls in March

Picture: THINKSTOCK

Largest negative contribution to indicator comes from decrease in number of residential building plans passed, fall in dollar-based export commodity price index

Opinion

ON THE MONEY: Oddities of foreign exchange probe

The commission is a soft touch and restricted in what fines it can apply

Opinion

STRAIGHT TALK: If state can’t do it, let us help it

Everyone is up in arms, objecting to privatisation. Well, you’re too late. It’s already happened in education, security….

Economy

Rate hike to hinge on Eskom tariff

Lesetja Kganyago.  Picture: TREVOR SAMSON

Reserve Bank warns of risks from wage deals, power outages and weaker rand

Economy

Reserve Bank’s monetary policy committee holds repo rate

Lesetja Kganyago.  Picture: TREVOR SAMSON

MPC leaves repo rate unchanged at 5.75% but notes concern over a deteriorating inflation outlook on higher oil prices and weak rand

Mining

Chamber of Mines says carbon tax will damage industry

Picture: THINKSTOCK

Chamber of Mines urges government not to implement carbon tax next year, saying it will damage already financially-strained mining industry

Economy

Stats SA delays release of employment report

Picture: THINKSTOCK

Statistics SA says it cannot release quarterly labour force survey as scheduled because further ‘data confrontation’ is required

Economy

Moody’s expects lacklustre SA growth

Picture: THINKSTOCK

SA could be downgraded if the government’s commitment to reining in spending and stabilising debt falters, says ratings agency

Opinion

STREET DOGS: Generally speaking …

In the 21st century, there is a good chance that most humans will lose, they are losing, their military and economic value

Opinion

THICK END OF THE WEDGE: The DTI; where black dreams go to die

It's a terrible indictment of the Department of Trade and Industry that despite an extremely weak currency our manufacturing export performance is dismal

National

Treasury mulls plan to extend social grant to over 18s

People queue at an Absa ATM in Oxford street, East London, to get access to their social grant money. Picture: DAILY DISPATCH

Treasury considers request from Department of Social Development to extend the social grant to children over 18 who are in school or pursuing further education

Economy

No need for economic Codesa, says Makhura

David Makhura. Picture: SOWETAN

Gauteng premier David Makhura says will to implement state policies is what prevents government from achieving social, economic transformation in SA

Kristin Lindow. Picture: SUNDAY TIMES

Moody’s eases downgrade threat

Improved fiscal position a salve for gloomy outlook, writes Claire Bisseker

National

State’s tax relief a myth, says Solidarity

Picture: THINKSTOCK

Trade union Solidarity report dismisses the R16bn tax relief in the 2013-14 budget and shows workers were poorer over the period

Economy

Moody’s says SA ratings change unlikely soon

Picture: REUTERS

SA is stronger than peers with stable outlook, despite various challenges, and ratings change is therefore unlikely in foreseeable future

Economy

Retail trade sales growth slows in March

Picture: THINKSTOCK

Petrol prices increase, poor consumer confidence in first quarter likely to have contributed to weaker than expected growth in retail sales

Economy

Treasury to disclose what noncore state assets are to be sold

Nhlanhla Nene. Picture: TREVOR SAMSON

Finance minister says Treasury will ‘soon’ present a paper to Cabinet about which noncore assets government plans to sell

Economy

Government ‘committed to disposing of nonstrategic assets’

Eskom Medupi power station.

Finance Minister Nhlanhla Nene identifies Eskom as ‘most pressing risk’ as government addresses funding needs of public institutions

Opinion

ON THE MONEY: Delayed minerals act is costing SA

The opportunity cost is undoubtedly huge — lost investment, lost jobs, lost taxes, lost foreign earnings

Opinion

STRAIGHT TALK: Mind the gap, it’s time to share

In these tough times the focus must … shift from external market price comparisons to an internal deal between shareholders and management

Share search

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