Farmers expertise ‘used’ for radical economic transformation
The government has used the farmers' expertise to help promote their radical economic transformation, while ultimately leading to the ANC's stated goal of socialism...
More downgrades of institutions in South Africa
The Fitch rating agency downgraded Absa, Nedbank, FirstRand, Standard Bank, Investec, Eskom, Transnet and MTN to BB + i.e., junk status.
Standard & Poor's Santam,...
Taxpayers only work for civil servants
43% of the state's total expenditure is currently spent on civil servants salaries, and in June there will be an increase. It should be...
Economic indicators for 12 April 2017 (07:00)
Below are the economic indicators for 12 April 2017 as at 07:00
Rand / US dollar R13.81 (R13.93)
Rand / euro R14.64 (R14.75)
Rand / Pound Sterling...
Economic indicators for 10 April 2017 (07:00)
Below are the economic indicators for 10 April 2017 as at 07:00
Rand / US dollar R13.81 (R13.78)
Rand / euro R14.62 (R14.67)
Rand / Pound Sterling...
Another downgrade to Junk for South Africa
The Fitch rating agency has also downgraded South Africa to junk status. Fitch is the second rating agency to downgrade SA to junk status,...
Economic indicators for 6 April 2017 (17:00)
Below are the economic indicators for 6 April 2017 as at 17:00.
Rand / US dollar R13.80 (R13.78)
Rand / euro R14.64 (R14.55)
Rand / Pound...
Economic indicators for 5 April 2017 (07:00)
Below are the economic indicators for 5 April 2017 as at 07:00.
Rand / US dollar R13.64 (R13.80)
Rand / euro R14.55 (R14.70)
Rand / Pound Sterling...
Radical economic transformation bad for food prices
The fact that the new finance minister appears quite indifferent about the country's newly acquired junk status, and the fact that President Zuma did...
