Huge petrol price expected despite rand spoiler28/8/2015 14:08
The petrol price could by between 71 and 77 cents a litre next week, but the decrease could have been an additional 25c/litre had the rand remained stable, the Automobile Association (AA) said on Friday.
Truckers strike looms27/8/2015 23:07
Truck drivers are threatening to bring the South African economy to a halt.
Load shedding hits home on SA economy26/8/2015 17:06
The shock of Eskom's load shedding has finally hit home, even as the China and terms-of-trade shocks are only starting to build, said Nomura analyst and emerging markets economist Peter Attard Montalto.
Rand plunge creates inflation fear factor for Sarb24/8/2015 16:20
The SA Reserve Bank (Sarb) will be keeping a careful eye on the rand on Monday, while analysts speculate of a further interest rate hike in November following the drastic plunge in the rand.
SA's state giants hobble economy24/8/2015 13:00
The state-run corporations that have shaped South Africa's economy and been part of its every day life for nearly a century are mostly in a state of collapse.
South32 expects to cut costs by further US$350 mln a year24/8/2015 8:19
South32, the BHP Billiton spin-off that made its JSE debut earlier this year, on Monday reported pro forma financial results to reflect its stand-alone status and said it planned to reduce costs by US$350 million a year by 2018.
SA’s OneLogix ups earnings 78 pct, boosted by Postnet sale20/8/2015 8:53
South African niche logistics group OneLogix said on Thursday that full-year earnings per share surged 78 percent to 62.4 cents, boosted the once-off after-tax cash profit of R144 million on the disposal of PostNet Holdings.
Gold Fields returns to profit in Q2, maintains output target20/8/2015 7:37
SSouth Africa’s Gold Fields Ltd said on Thursday net earnings attributable to shareholders improved considerably in the second quarter of 2015 to US$12 million compared with a net loss of US$14 million in the first quarter after it sold seven percent more gold, despite this being at a lower price.
CPI edges to 5% in July as tariff increases kick in19/8/2015 15:28
South Africa’s Consumer Price Index (CPI), which measures inflation in urban areas, rose to 5 percent in July as water and electricity tariff increases kicked in, revealed figures from Statistics South Africa (StatsSA) which were released on Wednesday.