South African, African and global economic news | Fin24
 
  • Load Shedding Schedules

    Find information for Johannesburg, Durban, Cape Town and other cities.

  • Channelling Thatcher

    A battle with unions will be the biggest test for Ramaphosa and Mboweni, writes Pieter du Toit.

  • Liberty

    We are no longer turning around, we are growing, says the group's CEO as profit surge.

Loading...
World

Coronavirus: Shares worldwide on course for the worst week since 2008

Feb 28 2020 18:07

Fear over the economic fallout from the spreading coronavirus tightened its grip on global markets, sending US equities to a seventh straight loss and sparking demand for safe assets from Treasuries to the yen.

Economy

Eskom cursed with no good choices as it struggles for survival

Feb 26 2020 20:05

Haemorrhaging cash and drowning in debt, South Africa’s state power utility is trying to persuade the energy regulator to allow it to raise its prices to offset lower-than expected sales.

South Africa

Fears of water’s 'day zero' spur Cape Town to consider rainless day fund

Feb 26 2020 10:42

Scarred by a water shortage that almost saw Cape Town become the first major world city to run out of water, local authorities are planning measures ranging from cutting down alien trees to establishing a "rainless day fund" to cushion its more than 4 million people from the next dry spell.

World

China will aid 500 South Africans in Wuhan, official tells Parliament

Feb 26 2020 06:03

China's Consulate General in Cape Town, Lin Jing, told Parliament's oversight committee on Tourism that South Africa had lost out on thousands of Chinese tourists due to the impact of coronavirus.

Inside Fin24.com

 
Economy

Eskom warns it might have to raise its debt levels further

Feb 25 2020 12:57

Eskom officials told the National Energy Regulator of South Africa that it would have to raise debt levels if its regulatory clearing account application is not granted.

Company Snapshot

#BUDGET2020

Cuts to the public sector wage bill took centre stage at this year's Budget
 

Voting Booth

Do you support a reduction in the public sector wage bill?

Previous results · Suggest a vote

Loading...