Downgrade may hinge on SOEs, says Moody’s

The ratings agency says government guarantees remain a concern with total commitments to state-owned enterprises at roughly 10% of GDP in 2016-17

3 hours ago
Tense exchanges between SA and Nigeria as MTN offices attacked in Abuja

Home Affairs Minister Malusi Gigaba says finger-pointing between countries needs to stop as it will turn out ‘bad’

4 hours ago
Clarity sought on Gordhan’s dividend withholding tax changes

The increase in dividend withholding tax to 20% requires clarity, says KPMG, as the date implications and meaning of ‘paid’ is crucial

4 hours ago
Nersa grants Eskom a far smaller tariff increase than in the past two years

The smaller amount is due to the base adjustments made in prior years owing to the approved regulatory clearing account balances for Eskom‚ Nersa says

4 hours ago
Standard bank has not yet suspended anyone after rand-rigging revelations

The bank says it is talking to the Competition Commission about its investigation into co-ordinated trading in the rand and dollar

4 hours ago
Families deny working with AfriForum in legal case for mental patient deaths

While relatives of the patients who died at unlicensed NGO facilities will pursue legal action through Section 27, they need to grieve properly first

4 hours ago
MARKET WRAP: JSE closes marginally higher as retailers jump

The market is still seeking direction on Wednesday’s budget but the all share closes slightly higher while platinums lose ground — and Massmart takes off

3 hours ago
Joburg mayor accuses ANC of violence at the city council on Thursday

The Joburg Social Movement says Herman Mashaba is on a witch hunt; the mayor is laying criminal charges as protesters break laptops and light fires

3 hours ago
Barclays in UK will pay billions towards cost of separation from Absa

The UK principal has agreed to pay a total of £765m to cover three expenses involved in the separation from its unit in SA

9 hours ago
Everything you need to know about #Budget2017

All the news, views and analysis of Finance Minister Pravin Gordhan's 2017 budget

updated 22 hours ago
Treasury-SARS spat must not be personalised, warns Pravin Gordhan

Finance minister says he is only interested in the head of South African Revenue Service and his management team doing what they are supposed to do

7 hours ago
MTN asks people to ‘exercise restraint’ after reports of xenophobia

International media are reporting that Nigerian protesters vandalised the MTN head office in Abuja‚ in apparent retaliation for xenophobia in Gauteng

4 hours ago
Budget has not delivered SA from the ratings precipice

It was probably enough to stay ratings agencies’ hands but SA remains on the brink of a downgrade and political uncertainty could tip the scales, economists ...

8 hours ago
Gigaba appeals for calm ahead of xenophobic march on Friday

The home affairs ministers has the full support of the justice, crime prevention and security cluster to curb any unrest, but he will do so ‘humanely’

4 hours ago
Ford tells frustrated Kuga owners it will extend their original warranty

But many owners are dismayed by the move, saying they are stuck with a car they do not trust and cannot sell for a fair price

4 hours ago
Tomato paste tastes real good but SA cannot process enough of it

The increased demand for tomato paste makes SA a net importer of the product, although processors are making strides to address the shortage

3 hours ago


views & analysis

EDITOR’S LUNCHBOX: SA among countries riding the wave of authoritarianism

It’s Stuttafords vs Stuttafords as two elite families draw swords, while Gordhan goes easy on the sugar tax and details another (better) arms deal

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EDITORIAL: Painting a way out of a corner

Better increase taxes now than add to a debt level that looks dangerously high

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Hilary Joffe Editor-at-large

HILARY JOFFE: Mode of economic transformation highlights notion of inclusive growth

Finance Minister Pravin Gordhan calls for conversation about how to tackle unacceptable inequality levels, wirtes Hilary Joffe

Read More

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Donald Trump, Rex Tillerson and the African resource curse

David Pilling

Scrapping a rule on disclosing payments to foreign states is another sign Trump won’t drain the swamp but hand it over to the crocodiles, writes David Pilling

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ANN CROTTY: Becoming a basket case

Sadly, self-interest trumps all in today’s markets

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SIKONATHI MANTSHANTSHA: Greed is Brian Molefe’s downfall

He would only have agreed to take up the seat if it clears his path to the treasures in the finance ministry

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TOBY SHAPSHAK: Snakes on a phone

The Nokia 3310 was a first for some phone owners, and it defined the reliability of the 2G voice era

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