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LETTER FROM CHINA: Chinese Communist Party’s third plenum may take long view on financial reforms

Letter from China
13 day(s) ago

China’s growth model has created vested interests that will attempt to keep the status quo for as long as they can, writes Kobus Van Der Wath

How China plans to prove the sceptics wrong

Picture: REUTERS
20 day(s) ago

Foreign commentators say China is heading for an economic and political crisis, but the country’s leaders are in a strikingly confident mood, writes Gideon Rachman

Take pride in what we have achieved — and raise the bar

21 day(s) ago

South Africa has seen a number of successes after almost 20 years of democracy but still faces many structural challenges, writes Colin Coleman

Thinking like Africans in ‘Little Soweto’ on the streets of Beijing

22 day(s) ago

There’s not exactly a riot in the streets of Beijing to get one’s hands on the latest edition of the People’s Daily, writes Patrick Bulger

Wooing China’s princelings

Picture: REUTERS
26 day(s) ago

While recent scandals have put China’s princelings under a harsh media spotlight, they have been hot commodities for Western companies, writes Minxin Pei

Reason and the end of poverty

Picture: FINANCIAL MAIL
27 day(s) ago

Concluding that poverty eradication requires only reliance on growth, and that government interventions have little merit, is a lapse of logic, writes Kaushik Basu

Infosys to settle US work visa case

27 day(s) ago

Infosys set to pay about $35m to avoid restrictions on its use of US work visas under a potential resolution of the company’s use of entry permits

China treating Tiananmen crash as possible suicide attack

Smoke raises in front of a portrait of late Chinese Chairman Mao Zedong at Tiananmen Square in Beijing on Monday after a car ploughed into pedestrians and caught fire. Picture: REUTERS
27 day(s) ago

Authorities see crash as ‘no accident’, sources say, while dragnet provokes fear of a crackdown on minority Uighur community

Putin can use his moral high ground to ‘reset’ relations

Russian President Vladimir Putin. Picture: REUTERS
26 day(s) ago

Putin’s Syrian initiative will test his diplomatic and strategic acumen; the world will closely watch whether he will be able to deliver, writes Gerrit Olivier

Renewable energy offers Africa chance to see the light

Picture: THINKSTOCK
28 day(s) ago

There's an opportunity for the continent to use its natural resources to address its electricity woes, writes Ntlai Mosiah

Alrosa puts on its finery to woo investors

Picture: THINKSTOCK
27 day(s) ago

Diamond giant’s road show will reveal all about its growth plans, writes Charlotte Mathews

Chinese investors take smaller stakes in African resources

26 day(s) ago

Chinese investors now take smaller stakes and provide financing, giving them access to the resource without ownership

Russian firms eager to raise trade with South Africa

26 day(s) ago

Russia and South Africa are still negotiating the update of their 2004 framework agreement on nuclear co-operation

Fiat cuts target as Brazil slips

26 day(s) ago

Fiat slashes the bottom end of its trading profit forecast to €3.5bn from €4bn

Brazilian oil giant OGX heading for bankruptcy

EBX CEO Eike Batista.  Picture: REUTERS
27 day(s) ago

OGX Petróleo & Gas Participações, the oil company founded by former billionaire Eike Batista, says it has failed to reach an agreement with holders of its dollar-denominated bonds

Picture: REUTERS

EDITORIAL: Let’s keep our ratings right

Our economic growth rate is much less respectable than the 7% forecast for Zambia’s, and this is one of the reasons we need to take notice of our neighbour’s fate
Rio de Janeiro, Brazil. Picture: THINKSTOCK

Heed the warning of Brazil’s model for growth

Brazil’s model of development appears to be less applicable to South Africa’s context than originally thought, writes Lyal White
Picture: THINKSTOCK

EDITORIAL: Global ranking is a cause for concern

The World Economic Forum’s Global Competitiveness survey reminds us of what ails our economy and holds it back
Letter from China

Free-trade zones pave the way for China’s global integration

The mantra of ‘crossing the river by feeling the stones’ is particularly apt for describing China’s successful approach to integrating itself with the rest of the world, writes Kobus van der Wath

I almost missed a little nugget that cotton futures are trading at a 10-month low

China’s intervention in cotton came back to haunt it

Goldman Sachs’s 20-year review shows that South Africa has advanced on several fronts but the country’s ability to reach its economic potential has ...

Goldman review is positive, but hard tasks remain

Opinion

From San Francisco to the South China Sea

Picture: THINKSTOCK

US and other extra-regional powers should invoke San Francisco Treaty to internationalise diplomatic processes over claims to disputed islands

Opinion

China market holds untold opportunities for SA Inc

Letter from China

SA executives and policy makers need to remember the sheer size and number of opportunities South African companies can tap in China

Rand is world’s 18th most traded currency, BIS survey shows

Figures released by Bank for International Settlements show rand’s ranking is an improvement from 2010, when it ranked 20th, but down from 10th place in 1998
Picture: THINKSTOCK

Signs of trouble in emerging-market paradise

Nouriel Roubini: Does the recent economic slowdown in emerging-market economies mean the honeymoon is over?
US Federal Reserve Chairman Ben Bernanke addresses a news conference following the Fed's two-day policy meeting at the Federal Reserve in Washington on Wednesday. Picture: REUTERS

Year of emerging markets is done

Market reaction to remarks that US Fed might start scaling back bond-buying programme another indication that this is not a ‘year of emerging-market debt’, writes René Vollgraaff

End to business without scruple in China

Picture: SUPPLIED
96 day(s) ago

With multinational corporations under siege and a slew of allegations of corporate misconduct by the government, the message is clear: the age of irresponsible business in China is over

Brics to commit $100bn to foreign exchange fund

Russian President Vladimir Putin attends the first working session of the G20 Summit in Constantine Palace in Strelna near St. Petersburg, Russia, on Thursday.  Picture: REUTERS
81 day(s) ago

Brics group of emerging economies will contribute to reserve fund to steady currency markets destabilised by an expected pullback of US monetary stimulus

South Africa to contribute $5bn towards Brics contingent reserve arrangement

President Jacob Zuma, centre, Argentinian President Cristina Fernández de Kirchner, left, and French President Francoise Hollande at the G20 Summit in St Petersburg, Russia, on Thursday.  Picture: GCIS
81 day(s) ago

The country is contributing the least to the fund that will, among other things, help countries fund current account deficits, but will likely be the main beneficiary

Russian gathering will be compelling if not productive

Police walk near temporary signs for the Group of 20 summit at the sea port in St. Petersburg, Russia, on Tuesday.  Picture: REUTERS
83 day(s) ago

Even if the Group of 20 summit in St Petersburg does not deliver much, the atmospherics around it could be compelling, write Peter Draper and Ettienne le Roux

South Africa has done well under difficult conditions, says Zuma

President Zuma addresses the Brazil, Russia, India, China and South Africa (Brics) business council at the first meeting of the Brics business council in Sandton, Johannesburg, on Tuesday.  Picture: GCIS
98 day(s) ago

President Jacob Zuma tells Brics business council meeting that the country is making progress despite poverty, inequality and unemployment

FINANCIAL TIMES: Sign of India’s desperation

Picture: THINKSTOCK
99 day(s) ago

Capital controls imposed on outward investment will do little to restore a rapidly weakening rupee and they are no answer to the country’s balance of payments crisis

South Africa aims for big greater interaction with China in financial markets

Chinese 100-yuan notes. Picture: REUTERS
110 day(s) ago

As Chinese economy evolves, strong demand of resources from Africa needs to be coupled with more sophisticated market mechanisms, say Frontier Advisory CEO

SA ‘must stress mutual benefit’ in Brics

Patrice Motsepe. Picture: MARTIN RHODES
98 day(s) ago

Brics business council chairman Patrice Motsepe stresses that businesses in SA would push for nothing less than mutually beneficial trade and investment

Brics to find ways to improve ‘quality of trade’ between members

(R-L) Minister of International Relations and Cooperation Maite Nkoana-Mashabane, Patrice Motsepe,  Sekunjalo CEO Iqbal Survé and Trade and Industry Minister Rob Davies attend a Business
BRICS Colloquium held in Durban on Monday.   Picture: JACOLINE PRINSLOO
98 day(s) ago

Brics business council to discuss industrialisation and focus on developing stronger ties between countries during two-day summit

China charges senior politician with corruption

China's former Chongqing Municipality Communist Party Secretary Bo Xilai attends a meeting at the annual session of China's parliament, at the Great Hall of the People in Beijing, China, in March.  Picture: REUTERS
123 day(s) ago

President Xi Jinping, who took power in March, will want to smoothly handle politically divisive case as he embarks on rebalancing of world’s second biggest economy

Jobs clamour grows over China investment

126 day(s) ago

Africa sees little employment creation despite welcome inflow of funds, writes Daniel Flynn

Anglo CE Cutifani upbeat about Minas-Rio project in Brazil

Anglo American CEO Mark Cutifani. Picture: MARTIN RHODES
29 day(s) ago

Miner is happy to maintain full ownership of iron-ore investment as the price of the commodity has improved lately, writes Kevin Crowley

Latin American alliances need complementary strategies

Picture: THINKSTOCK
30 day(s) ago

Greater co-operation between Pacific Alliance and the Southern Common Market could help region become major economic player, writes José Luis Machinea

Australian government upholds ban on China’s Huawei

28 day(s) ago

Newly elected government has opted not to change the policy that prevents the technology company from bidding for work, citing national security concerns

Sanofi blames China for profit warning

Picture: THINKSTOCK
27 day(s) ago

Drug maker Sanofi cuts 2013 profit forecast for second time after Chinese slowdown, lower generic sales and manufacturing problems hit third-quarter results

‘Actions will speak louder’ in building SA’s reputation, says BrandSA

Brand SA CEO Miller Matola. Picture: FINANCIAL MAIL
60 day(s) ago

Implementing National Development Plan will be key factor in country’s reputation, says BrandSA CEO Miller Matola, as survey shows improvement over course of 2013

South Africa’s reputation among G-8 consumers improves

South Africa SA flag map
60 day(s) ago

Survey shows country’s reputation among Group of Eight consumers resumes improving trend, after damage done by Marikana massacre and Oscar Pistorius murder trial

China’s first steam coal futures contract debuts

Picture: THE TIMES
60 day(s) ago

Rollout of China’s first steam coal contract will give Beijing greater influence over global coal prices, say analysts

China takes steps towards liberalising bank deposit rates

61 day(s) ago

China to allow banks to price loans using market-based benchmarks, central banker says it will ‘steadily push forward market-oriented interest rate reforms’

Asia’s emerging community must keep in check the might of China

The Great Wall of China.
68 day(s) ago

Southeast Asia’s pursuit of deeper integration is in keeping with a global trend — but also reflects growing anxiety over China, writes Fidel V Ramos

Opinion

Worry that SA is not a republic fit for bananas

Pundits putting percentages on the risk of South Africa’s descent into the league of 'failed states' makes for good headlines but it is probably not time to head for the hills

Opinion

Put China’s entire economy in context

Letter from China

Transforming an economy the size and complexity of China’s does not happen overnight, writes Kobus van der Wath

Opinion

Emerging markets now better prepared for crises

Will the present emerging markets rout be 1997 and 1998 all over again?

Opinion

Brics may work in good times, but in crisis times?

It’s easy to see how the practice of the Brics bank might get very complicated, very quickly

Opinion

Beijing clamps down on corruption

Letter from China

Response to GSK bribery claims highlights China’s determination to stamp out corruption in healthcare sector in order to ensure access to affordable healthcare

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  • All Share : 44128.99
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    Top 40 : 39327.48
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    Financial 15 : 12123.68
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    Industrial 25 : 51356.40
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    Resource 10 : 48838.35
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