Manufacturing grants to target sectors, not firms

The manufacturing competitiveness enhancement programme will prioritise the labour-intensive sectors of agroprocessing and agriculture, as well as downstream ...

20 hours ago
SA to raise income, alcohol and tobacco taxes to help rein in deficit

Finance Minister Pravin Gordhan is like to target income, alcohol and tobacco taxes in his budget — but a VAT hike may be on the cards too

2 days ago
WATCH: White monopoly capital: fact or fiction?

Peter Bruce and the panel discuss the narrative of white monopoly capital as explored in the latest edition of the Financial Mail and more of the week’s news ...

4 days ago
Building blocks of CPI tap into our evolving lifestyles

The January inflation figure is based on a new updated product basket and weights. Patrick Kelly explores what this means.

4 days ago
Black Friday shopping saves SA’s retail sales from disaster

Weak retail sales match levels in 2009 when SA was in recession

5 days ago
World Bank sees ‘very fragile’ recovery for SA’s economy

Speaking in Parliament on Wednesday, the bank projects a growth rate of 1.1% this year and 1.8% next year, as long as there is no ratings downgrade

5 days ago
Consumer inflation slows more than expected in January

Consumer price index data show inflation slowed in January after steadily accelerating for four months to peak at 6.8% in December

5 days ago
Jobless rate down but mines still bleeding

Mining has shed 65,000 jobs since the last quarter of 2015, Stats SA’s Quarterly Labour Force Survey shows

5 days ago
Jobless rate improves as social services sector hires 73,000 more people

However, two of Statistics SA’s 10 sectors reported declines in job numbers — mining and construction — in the fourth quarter

6 days ago
Slow GDP growth ‘will curtail NDP targets’

SA’s economy is not growing fast enough to meet National Development Plan targets

6 days ago
SA’s bulk exports fall 6.5% year on year in January

However, a jump in commodity prices since Donald Trump’s election in November may result in a boost in bulk exports in 2017

7 days ago
Tax predictions for the budget: raising revenue in a disruptive world

Muziwethu Mathema‚ senior economist at KPMG, offers this forecast on how the government will adjust taxes with the budget this year

7 days ago
SA’s net equity outflows surpass R22bn in 2017

Sasfin Securities’ Ashley Dickinson attributed the buying momentum in the bond market to last week’s Sona, which contained no surprises

7 days ago
Black industrialist drive expedited

Black industrialist programme to gather pace as government aims for 100 projects in coming year

7 days ago
ECONOMIC WEEK AHEAD: Reweighted inflation data to make debut

Release of unemployment, consumer inflation and retail sales figures this week will likely show the South African economy is still struggling to gain ground

7 days ago
Leaving your estate to your spouse could be expensive, if Davis proposals are adopted

Now Sona is over, all eyes turn to Finance Minister Pravin Gordhan, and how he plans to find another R28bn in tax revenue

9 days ago