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IMF snips US growth forecast

33 minutes ago

The IMF says it expects the US economy to grow even more slowly this year, below its June prediction of 2% growth.


Burundi proposes new taxes

Jul 23 2014 18:15

Burundi's cabinet will propose new duties on some alcoholic drinks, an airport departure tax and other measures to make up for a shortfall in forecast revenues.


Too risky to meet striking miners - Lonmin

Jul 23 2014 18:00

It would have been risky for Lonmin to visit the hill where thousands of miners were gathered in Marikana, the Farlam Commission of Inquiry has heard.


EU freezes assets over oil to Syria

Jul 23 2014 17:32

The EU has frozen the assets of two oil- trading firms accused of organising covert shipments of oil to Syria.


EU gas flows lower on Gazprom opposition

Jul 23 2014 17:30

Ukrainian Energy Minister Yuri Prodan says reverse gas flows from the European Union to Ukraine have fallen because of opposition from Russia's Gazprom.


Govt rethinks foreign land ownership

Jul 23 2014 16:41

Rural Development and Land Reform Minister Gugile Nkwinti says the government will introduce legislation to stop foreigners buying land .


Fraud a problem in the energy sector

Jul 23 2014 15:55

Africa's oil and gas sector shows growth despite regulatory uncertainty, but fraud and corruption remain an impediment, according to a report.


Nkwinti warns of 'land sharks'

Jul 23 2014 14:35

Minister Gugile Nkwinti has reiterated his commitment to expediting new expropriation legislation and limiting foreign land ownership.


Bank of England eyes wage puzzle

Jul 23 2014 13:45

Bank of England officials have discussed whether there was a case for an early rate rise to cool the economy, but were held back in part by low wage growth.


UK mortgage approvals turn up in June

Jul 23 2014 13:15

British banks have reported their first sizeable increase in mortgage approvals in five months.



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