Inflation at a seven-year high, two women, one of them a whistleblower, dismissed from SARS during Tom Moyane's tenure have been reinstated, and the Jackson Hole Economic Symposium gets underway in the USA today.
Some good news as South Africa's unemployment rate falls slightly, Eskom considers cutting the power supply to the city of Tshwane, and government warns civil servants taking part in today's strike action - no work, no pay.
Transnet has released a shortlist of four private partner bidders for the upgrade of the Port of Ngqura, and South Africa will in all probability be greylisted despite government announcing new legislation to fight financial criminality.
The plant-based food industry granted a reprieve over meat-like labeling as the Department of Agriculture is hauled to court over the matter, the rand is still under pressure, and unemployment and inflation figures out this week.
Finance Minister Enoch Gondongwana says he will step down if sexual misconduct allegations against him prove to be true, the war of words over vegan food labeling continues, it's worth noting that this has already been to court in Europe.
The Reserve Bank Governor warns authorities to do more to combat money laundering or face being placed on a global grey list, tech Chinese giant Ten Cent posts first-ever revenue decline, and Elon Musk was only 'joking'.
SA's National Lottery head resigns under a cloud, the movement of cattle banned throughout the country, and Rain says it will submit a formal non-binding proposal to Telkom in due course.
Some stunning results from leading coal producer Thungela Resources, Cosatu has announced a national strike for next Wednesday, and some good news in September at the pumps.
A public apology by Bain & Co over its role in destabilizing South Africa’s economy, government talks with public sector trade unions falter again, and striking SARS workers have returned to work.
Drama in the internet and telecoms sector over Rain/Telkom 'merger' , SAA given 90 days to provide details on Takatso deal or risk losing licenses, and the mining production slips yet again.
Aspen Pharmacare in Gqeberha to stop producing J&J covid vaccines, SACCI's latest report is an indication that the business climate is gradually returning to normal, and inflation in the US is down.
The US/China/Tawain tension continues to make investors jittery, the South African Chamber of Commerce and Industry's business confidence index is to be released this week, and a refinery in Mossel Bay could be using indigenous gas by 2024.
Government's Trade and Industry Minister has proposed a six-month ban on the export of scrap metal, job growth surges in the United States, and from Wednesday on a string of important data will be released giving a clear indication of South Africa's 'economic health'.
Is South Africa's economy in better shape than many of us suspect? The strike in the motor industry draws closer, a consortium to buy SA firm Mediclinic, and the global markets still nervous on the back of Nancy Pelosi's visit to Taiwan.
The tourism and travel sectors could be facing another crunch, NUMSA readies for a national strike in the motor industry, and applause for the UK government's banning of Bain & Co over links to state capture in South Africa.
The visit by the USA's Nancy Pelosi to Taiwan affects the markets, locally Massmart has reported huge headline losses, and BP scores a massive upswing while consumers battle on.
We can look forward to a significant drop in the price of fuel Wednesday, will we look back on July as the month during which the markets turned decisively? Two things are certain - we need to get inflation under control and interest rates will rise again.
The SA Government has lodged a dispute with the World Trade Organisation over 'draconian' new measures imposed on citrus imports by the EU, Anglo American cut its interim dividend Thursday over a drop in earnings and revenue, while back home producer price inflation hit a record high for June.
The numbers are staggering, Eskom, already saddled with R396 billion debt, will need at least R990 billion to fund new-generation and distribution capacity, the US Feds raised interest rates as expected, and there could be some good news for SA motorists at the pumps soon.
The IMF has slashed its global growth forecast and raised inflation projections, on the back of this Unilever has raised prices by 11 % globally, and Telkom's outgoing CEO scores massive payouts.
27 Jul 2022
2 min
720 – 740
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