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Economy

Tax increases, including a ‘wealth tax’, could constrain growth

Finance Minister Pravin Gordhan addresses a media briefing in Pretoria. Picture:  REUTERS/SIPHIWE SIBEKO

Speculation is rife about the inclusion of a new tax bracket for individual taxpayers who earn more than R1m in taxable income a year

Economy

The informal economy should not become the ignored economy

Hawker associations march to the mayor's office demanding the immediate return of inner-city informal traders to their trading spaces in Braamfontein, Johannesburg, on Friday.  Picture: PUXLEY MAKGATHO

Workshop will focus on and discuss how informal trade is largely unrecognised although it may be fifth-largest source of employment in Cape Town

Economy

Manufacturing and mining remain depressed

Picture: THINKSTOCK

Weak performance in two sectors unsurprising as economy expanded just 0.7% in third quarter of last year

Industrials

Daimler unit to expand from SA base

Daimler’s truck brands increased their presence in 2015.

German motor company Daimler makes South Africa regional base for new global truck and bus strategy

Mining

Mining production falls again in December

Mining. Picture: SUPPLIED

Mining production declines, but at slower rate, indicating the extent to which weak global demand and low commodity prices are hurting the sector

Economy

Manufacturing production increases slightly in December

Picture: THINKSTOCK

Statistics SA data show better than expected performance in manufacturing sector on higher output in food and beverages, among other divisions

Economy

Anomalies not Zuma’s address delay Stats SA report

Picture: THINKSTOCK

Stats SA insists delay of fourth-quarter Quarterly Labour Force Survey related to anomalies from new master sample

Economy

Rising inflation outlook strengthens case for rate hikes

Reserve Bank. Picture: SUPPLIED

Reserve Bank set to continue raising interest rates modestly as worst drought in a century and weaker rand ramps up the outlook for inflation, poll finds

Economy

Trade conditions remain gloomy, says Sacci

Picture: THINKSTOCK

South African Chamber of Commerce and Industry says that trading conditions were strained in January amid muted demand and the outlook remains uncertain

Opposition party leader Julius Malema, centre, of the Economic Freedom Fighters leaves the inside of Parliament with his members as President Jacob Zuma attempts to give his sate of the nation address in Cape Town on Thursday. Picture: EPA/SCHALK VAN ZUYDAM

With eye on downgrade Zuma tackles economy

Reaction to state of nation address muted as details awaited from budget

Columnists

Grants vital as food prices soar

President Zuma must continue support for substantial social grant system that sustains the poor, writes Bronwyn Nortje

Economy

Positive Zuma address to help offset rand pressure

President Jacob Zuma answers question in the National Assembly on Thursday. Picture: TREVOR SAMSON

Indications of state spending cuts and hints at tax hikes in president’s state of the nation address will be good news for the ailing currency

Economy

SA heading for policy discouraging trade through new bills

LET’S TALK: Peter Draper, MD of Tutwa Consulting, says the ideological agenda behind the bill is unfavourable to business. Picture: RUSSELL ROBERTS

Private security and expropriation bills sully South Africa’s image as attractive investment destination, SA-European Union hears

Economy

Economic transactions decline in January, index shows

Picture: THINKSTOCK

A total of 78-million transactions amounting to R640.9bn were recorded in January compared with 89-million transactions totalling R784.6bn in December

Opinion

Narrative accounts obsessed with the negative

Jacob Zuma. Picture: AFP PHOTO/JOHN MACDOUGALL

South Africa's a fractured, seemingly unsustainable political entity yet we move ahead and — mostly — get along, writes Glen Heneck

Opinion

Synergy holds the keys to growth

HELP THEM: Small businesses require a conducive operating environment and access to financial and nonfinancial support interventions. THE HERALD

Supply-chain inclusion is the way to go for economy, writes Toby Chance

Mining

CEOs want state to take ‘decisive action’

Srinivasan Venkatakrishnan, CEO AngloGold Ashanti. Picture: TREVOR SAMSON

A sense of growing urgency to tackle deepening economic problems in SA has seized the business community and the government

Management

SA needs macroeconomic management and fiscal discipline, says Busa

Business Unity SA CEO Khanyisile Kweyama. Picture: SUNDAY TIMES

Business Unity SA told President Jacob Zuma at a meeting on Tuesday it wanted improved co-ordination between economics ministries, among other issues

Retail & Consumer

Online experience holds the key to how consumers buy cars

Picture: THINKSTOCK

For now, SA consumers are less concerned with greener emissions than affordability

Mining

Zwane disappoints at gloomy indaba

Mosebenzi Zwane. Picture: AFP PHOTO/RODGER BOSCH

Mines minister in first meeting with top players in global mining; offers no details on how SA plans to heal industry’s ills

Economy

View from edge of precipitous rating cliff

Picture: THINKSTOCK

Acquiring junk status could lead to economic disaster for SA, writes Ntsakisi Maswanganyi

Economy

South African consumers say SA in recession, according to survey

Picture: THINKSTOCK

Of those surveyed, 83% said they had changed their spending patterns due to economic woes, and spent less on takeaways, new clothes and home entertainment

Opinion

Uncritical business acts as a Band-Aid on ailing policies

Nhlanhla Nene. Picture: BLOOMBERG/SIMON DAWSON

Lack of coherent business strategy or effective organisation to make strong case for how to achieve high and inclusive growth deprives South Africa

Opinion

ANC is the biggest reason for the faltering economy

Picture: BUSINESS DAY

The government’s claim it is not the cause of country’s economic problems is the most successful pieces of propaganda post democratic South Africa has seen

Watch Malema vs Sunter in heavyweight debate on economy

South Africa’s economy: boom or bust? That’s the question to be answered in a battle of the heavyweights in Cape Town on Friday February 12 – and you can attend

Economy

Businesses need to be very careful about their financial health as insolvencies loom

Picture: THINKSTOCK

Credit insurance firm Euler Hermes says insolvencies will increase this year due to the instability in emerging markets, by about 10% in SA

Mining

Falling demand at Mining Indaba

Former Mineral Resources minister Ngoako Ramatlhodi was unexpectedly replaced by Mosebenzi Zwane last year. Picture: TREVOR SAMSON

Delegates want to find out about full value for money, writes Allan Seccombe

Economy

Moody’s takes tougher line as it flags higher risk of downgrade

Picture: REUTERS

Weak economic growth and lower tax revenues will lead to credit rating downgrade, warns rating agency

Economy

SA gross reserves fall in January

Picture: THINKSTOCK

Reserves of gold and foreign exchange have decreased as the rand battles to find its footing against a stronger dollar

Opinion

Economic stagnation feels just like recession to the South African consumer

Picture: SUPPLIED

There is no catalyst to spur stronger growth soon, and SA has not announced structural measures to turn economic growth around

Opinion

UNEMBARGOED: Zuma must set the frame for Gordhan's budget

Key question is whether Jacob Zuma will be honest in his appraisal of South Africa’s economy and finances

Standard Bank

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