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South Africa Today daily economic news and indicators

Government determined to conclude wage negotiations

Public Service and Administration Minister Ayanda Dlodlo says government is seized with working towards concluding a multi-term wage agreement with unions. The Minister said this...

Unemployment rate unchanged in first quarter

South Africa’s unemployment rate remained unchanged at 26.7% in the first quarter of 2018, Statistics South Africa (Stats SA) said on Tuesday. Releasing the findings...
Brown ignored World bank and other institutions warning. Photo: Vry Burger

Moody’s stable outlook rating to restore investor confidence

  Deputy President David Mabuza says the recent decision by ratings agency Moody’s to maintain South Africa’s investment grading, as well as changing the country’s...

South Africa’s strike rate isn’t as bad as it’s made out...

South Africa’s parliament is currently debating amendments to the Labour Relations Act that will change how workers can go on strike. For example, the...

South Africa tax revenue disappoints

Practically, what can be done to restore the credibility of Sars? source Read more at Moneyweb South Africa Today - South Africa Economy
Treasury publishes framework to facilitate foreign capital

Treasury publishes framework to facilitate foreign capital

National Treasury has published the Foreign Member Funds Framework for public comment. The framework, which is to be declared by the Minister of Finance in...

Connecting the dots between the hike in South Africa’s VAT and...

South Africa is bracing itself for the first increase in Value Added Tax (VAT) in many years. The hike is part of the government’s...

South African Millennials Face Severe Financial Risk

South African Millennials, also dubbed ‘Afrilennials’, are the largest, fastest growing sector of the population, yet they face stark challenges when it comes to...

Restructuring the telecoms industry to achieve rapid broadband roll-out

Data demand is growing exponentially. Consequently, the need for high speed data network capacity is also rising. Consumer expectations for reduced pricing means the...

Three major mistakes Tiger Brands made in response to the listeriosis...

Tiger Brands, the South African food giant at the centre of the listeriosis storm engulfing the country, is facing serious brand erosion as a...
27 renewable energy projects to be signed

27 renewable energy projects to be signed

Energy Minister Jeff Radebe says the project agreements of the 27 renewable energy Independent Power Producer Projects will be signed on Tuesday 13 March. The...

Insights into commercial contracting from South Africa’s informal sector

What happens when African societal norms meet modern commercial practice? From boardrooms in Sandton to the cultural mash-up and the “popular economy” of a...