South African economy | Fin24
  • Mboweni on State Capture

    The new finance minister has described state capture as a 'great public sector heist'

  • Kganyago on Populism

    The central bank head says SA must learn economic lessons from Venezuela and Zimbabwe.

  • Up in the Air

    Uber Air could see SA shoppers flying to malls via skyports, says a company executive.

South Africa

Energy, water are 'huge' opportunities, says Ramaphosa investment envoy

Oct 19 2018 07:45

Mining, energy, water, manufacturing and agri-processing are industries that present 'huge opportunities' for investors looking at South Africa, according to Jacko Maree.


Low-cost renewables could have been a game-changer, MPs hear

Oct 18 2018 16:08

Low-cost renewable energy offered Eskom a game-changing opportunity to help the cash-strapped utility save money, the Energy Portfolio Committee has heard.

South Africa

Motorists could see 8th fuel hike as tensions rise in Saudi Arabia

Oct 16 2018 12:37

Based on unaudited mid-month data from the Central Energy Fund, the AA has warned of an eighth consecutive fuel price increase next month, with petrol possibly increasing by 40 cents per litre.


Some Cape Town commuters spend nearly half their income on transport - Mayco member

Oct 15 2018 21:29

Low-income families in outlying suburbs like Khayelitsha spend some 43% of their income on transport, says Mayco Member for Transport and Urban Development Brett Herron.


CHART: Mboweni Is likely to get Moody's reprieve

Oct 12 2018 15:00

Tito Mboweni is likely to get a boost at the start of his tenure as finance minister, with Moody’s Investors Service maintaining its rating on sovereign debt.

South Africa

Now all eyes on Ramaphosa's Investment Summit as skeptics raise red flags

Oct 11 2018 17:54

Hot on the heels of the recent Jobs Summit, the upcoming Investment Summit holds significant hopes for a country in deep economic crisis - but, say skeptics, it will not be easy turning things around.



Ratings D-day: SA likely to be spared a downgrade, say analysts

Oct 12 2018 07:57

Moody's will likely spare SA a downgrade of its sovereign credit rating despite (another) sudden rotation in the finance ministry, but may also decide to hold off on a decision, say analysts.


Ramaphosa treads 'softly-softly' in power play

Oct 11 2018 13:15

President Cyril Ramaphosa is caught in an intricate game of political chess as he seeks to stamp his authority on the government while maintaining a semblance of party unity before elections next year.

Company Snapshot


All eyes are on newly appointed Finance Minister Tito Mboweni as he readies to deliver his maiden mini budget speech amid an ailing economy and eroded confidence.

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