South African, African and global economic news | Fin24
  • Anticlimax

    Indications are that the 2019 general elections delivered a damp squib, says Solly Moeng.

  • Intervention

    Pravin Gordhan says govt will not hesitate to intervene to ensure SOEs are run properly.

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Nehawu: Ramaphosa must stick to Nasrec resolution and nationalise Reserve Bank

Jun 26 2019 15:05

Nehawu president Mzwandile Makwayiba has called for the SA Reserve Bank to be nationalised, adding that trade union federation Cosatu must take a strong stand on the issue.


SA digital banking fraud soars 75% in a year

Jun 26 2019 13:00

The SA Banking Risk Information Centre has found that reported incidents of digital banking fraud grew by 75% between 2017 and 2018, as criminals increasingly used social engineering tactics to steal money.


EFF: Land question must be final by year end, with all land in state's custody

Jun 26 2019 10:56

The land question should be finalised by the end of 2019 and all land must be in the custody of the state, EFF member of the NCOP Nkagisang Poppy Koni told President Cyril Ramaphosa on Tuesday.


Incoming BLSA head is smarter than I am – Bonang Mohale

Jun 26 2019 09:10

Outgoing Business Leadership SA CEO Bonang Mohale told Fin24 that his successor Busisiwe Mavuso – the current COO of BLSA - would be taking over from him officially at the beginning of July.


Gordhan says SOEs in dire straits, threatens boards and CEOs with intervention

Jun 26 2019 07:37

South Africa’s state-owned companies are in a parlous state and if the boards and management of these organisations do not do what government expects of them, it won’t hesitate to intervene to ensure proper governance and financial management.


FACT CHECK: Do 8 professionals leave South Africa for every one that comes in?

Jun 26 2019 07:00

A radio show on South Africa’s “brain drain” heard that for every single professional that migrates to the country, eight others leave. But is there a way to prove that this is true? Africa Check reports.


From bullet trains to busting graft: 7 memorable SONA debate quotes on the economy

Jun 26 2019 07:20

While the Members of Parliament from the African National Congress hailed President Cyril Ramaphosa's State of the Nation Address as frank but ambitious, the opposition derided it for a lack of detail.


Contracted energy group has delivered no fuel to SAA for six months

Jun 25 2019 22:03

Despite being contracted to provide 2 million litres of jet fuel per month to state-owned airline SAA at OR Tambo, EML Energy has not provided any fuel since November, the judicial commission of inquiry into state capture heard on Tuesday.



Economy cannot remain in the hands of a few - minister

Jun 25 2019 21:58

The SA government will not allow the country's economy to remain in the hands of a few, says Minister of Small Business Development Khumbudzo Ntshavheni.

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