Current account shortfall widens

Many economists still expect a second rate cut in 2017

SA’s bulk exports decline 7.2% in August

All follows 34.5% rise in July to 15.6-million tonnes, bringing increase for first eight months of 2017 to 6.8% year on year, says Transnet National Ports ...

Gigaba’s cost-containment measures help, but still leave a big ‘budget hole’

National and provincial departments spent R22bn on items such as travel, catering, entertainment and advertising in 2016-17; the DA wants some austerity

Disappointment as current account deficit widens

Expectations were that the deficit would narrow, but it has widened in the second quarter despite a bigger trade surplus

SA has six months to a year to get it right

Political interference has weakened benefits of global GDP growth for SA, says analyst

SA clambers out of recession but retail sector is likely to retard growth

Analysts and Business Unity SA are generally gloomy about growth with GDP ‘hamstrung by lacklustre private-sector fixed investment and jobs growth’

Are tax holidays what’s needed to rev the South African economy’s engine?

SA needs to get creative in stimulating small business, and tax breaks are just the thing, the Tax Indaba heard — but SARS says existing measures are not ...

Retail sector in worse shape than expected

Sales growth slowed more sharply than expected, with sales at general dealers shrinking

Small bounce in business confidence, but the picture is still bleak

All sectors but one posted improvements in sentiment, but the RMB/BER index remains well below the expansion level

Reforms are vital for SA to dodge another downgrade, says Moody’s

There are positives and negatives, but ‘on balance, the risks are tilted to the downside’, says Zuzana Brixiova, vice-president of the rating agency

Moody’s delivers grim forecast for some local mines

South African miners increasingly look to build or buy assets outside the country as their operating costs rise, Moody’s warns

Moody’s warns on credit quality of SA companies — but it’s not all bad news

‘Most South African corporates have sufficient capacity to absorb these pressures and are taking action to safeguard their financial positions’

Banking Association cites poor economic growth for Moody’s negative outlook

And further cites weak leadership as the reason for the weak economic growth — but says out banks are safe

Tax revenue likely to take a big knock

Minister says growth forecast of 1.3% for 2017 at risk; Steep deterioration in tax compliance

BL PREMIUM
ANALYSIS: How indebted consumers are stretching SA to its limits

Credit extension is growing faster than job creation, and the moribund economy cannot carry that burden forever

Tax hikes or austerity? State's fiscal dilemma as revenue looks set to fall

Minister says growth forecast of 1.3% for 2017 at risk; Steep deterioration in tax compliance

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Investors Monthly is a magazine published by Times Media, Media Division included in the Financial Mail on the last Thursday of the month.