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Economy

Gordhan's proposal worries Nehawu

Oct 26 2011 08:15

Finance Minister Pravin Gordhan's proposal of a moderate wage increase for public service workers will lead to a dispute, union Nehawu says.

Economy

Fuzile: Fiscal deficit targets realistic

Oct 26 2011 07:37

SA's plans to cut its budget deficit to 3.3% in 2014/15 are realistic and will be met, National Treasury director general Lungisa Fuzile has said.

Mini Budget 2011

Expert: Wealth tax not off the agenda

Oct 25 2011 22:15

With government debt on the rise, the primary funding mechanism will always be tax revenue, so increases in tax rates could still be expected, according to a tax expert.

 
Mini Budget 2011

Opposition mostly welcomes mini budget

Oct 25 2011 18:29

There has been broad support among opposition parties for Finance Minister Pravin Gordhan's medium-term budget policy statement.

Mini Budget 2011

Treasury: Mining in decline

Oct 25 2011 17:15

Output by gold and diamond miners dropped sharply in the past year in spite of rising commodity prices.

Mini Budget 2011

State urged to moderate spending

Oct 25 2011 17:15

Finance Minister Pravin Gordhan says the pace of public spending needs to be reined in while services must improve.

Mini Budget 2011

No new debt issuance to fund deficit

Oct 25 2011 17:15

The government will not issue new bonds or increase its weekly debt auctions in spite of increased borrowing, says the Treasury.

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Mini Budget 2011

Household debt at 2006 levels

Oct 25 2011 17:00

Rising disposable income, more skilled jobs and low interest rates have boosted consumer spending and helped households reduce debts.

Mini Budget 2011

Gordhan: 7% growth needed for jobs target

Oct 25 2011 17:15

Finance Minister Pravin Gordhan has again highlighted the need for SA to achieve 7% growth for a generation to create the jobs it needs.

 
Mini Budget 2011

Analysts cautious, complimentary on MTBPS

Oct 25 2011 17:00

There was mixed reaction from analysts to the mini budget, while the JSE welcomed proposals that will help boost investment.

Currencies

Forex reserves won't be used to help rand

Oct 25 2011 15:45

The government is not thinking about using reserves to manipulate the value of the rand, says a Treasury official.

Company Snapshot

For detailed Unit Trust information, click here.
JPMorgan's $2bn loss
May 17 2012 12:24

US banks need to take measures to avoid catastrophe, says former Treasury secretary Larry Summers. (Reuters)

Sasha

"Despite talk of early signs of economic recovery in the country, the period under review remained challenging for retailers. Pessimistic consumer sentiment prevailed in an environment featuring continued high levels of unemployment and indebtedness, limited real wage increases, and consumer spend ... Read their blog...

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