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Economy

PPI slows to 6.9%

Oct 30 2014 12:14

Producer price inflation slowed to 6.9% year-on-year in September from 7.2% in August, says Statistics South Africa.

Economy

Little change in jobless rate

Oct 30 2014 12:03

South Africa's unemployment rate has been little changed at 25.4% of the labour force in the third quarter of 2014 from 25.5% in the second, data shows.

Economy

Marcus: CPI targets reduce price pressure

Oct 30 2014 11:04

The Reserve Bank has defended its inflation targeting policy, saying it helps reduce price pressures and contributes to more favourable economic growth.

Economy

Marcus: Deviations from CPI band justifiable

Oct 30 2014 10:15

Recent deviations from the consumer inflation target band have been primarily driven by exogenous shocks and are justifiable, says Reserve Bank governor Gill Marcus.

Economy

Capital flight dwarfs corruption - SACP

Oct 29 2014 19:57

Capital flight is a bigger impediment to radical economic transformation than corruption, says SA Communist Party deputy general secretary Jeremy Cronin.

Economy

Eskom issues nationwide power alert

Oct 29 2014 16:44

Eskom has turned to consumers to help prevent the need for rotational load shedding. "The power system is severely constrained", the power utility says.

Economy

Manuel, business leaders score top honours

Oct 29 2014 16:26

Trevor Manuel has been honoured for his for his significant contribution to the development of South Africa and for improving the lives of all its citizens.

Economy

Motorists in for huge petrol bonus

Oct 29 2014 12:40

Motorists can look forward to further fuel price relief at month end, according to the Automobile Association.

Economy

Cape Town consumers most optimistic, Jozi least

Oct 29 2014 12:00

While consumers in Cape Town have become much more optimistic, those in Johannesburg are more pessimistic, according to a consumer confidence index.

News

Mantashe: Numsa like a diseased person

Oct 29 2014 10:00

ANC secretary general Gwede Mantashe has compared Cosatu's largest affiliate Numsa to a person suffering from a lifestyle related disease, according to a report.

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Economy

Credit growth almost unchanged

Oct 29 2014 08:58

Growth in credit demand from South Africa's private sector was little changed at 8.74% year-on-year in September from 8.78% in August, Reserve Bank data showed.

Economy

Kusile reaches critical milestone - Eskom

Oct 28 2014 20:36

Eskom says unit one of the Kusile power station has switched on the barring gear motor, which is a mechanism to ensure a turbine does not bend.

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