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South Africa Today daily economic news and indicators

Economic indicators for 26 October 2017 (07:00)

Economic indicators for 08 August 2017 (07:00)

Below are the economic indicators for 08 August 2017 as at 07:00 (Values in parentheses indicates previous closing values.) Rand / US dollar R13.22 (R13.38) Rand /...
Old Mutual staves off retrenchment, invests in SA

Old Mutual staves off retrenchment, invests in SA

Economic Development Minister Ebrahim Patel says the decision by Old Mutual to hold off on retrenchments and the establishment of a R500 million fund...
South Africa needs to create more jobs - but there's no clarity on how this might happen. Nic Bothma/EPA

South Africa’s jobs summit failed to tackle the hard issues

South Africa recently hosted a Jobs Summit that brought key stakeholders –government, business and labour – under one roof to find better ways of...
Recession points to the ANC’s inability to ensure economic stability

Recession points to the ANC’s inability to ensure economic stability

The recession in which South Africa currently finds itself, due to the contraction of the country's economy in the second quarter of 2018, points...

Watch: The moment a cattle farmer’s son pulled off a technology...

On August 8 2008, South Africa’s wiGroup made the world’s first-ever mobile phone electronic payment, linked to a credit card. Today CEO Bevan Ducasse, who...
Economic indicators for 26 October 2017 (07:00)

Economic indicators for 17 August 2017 (07:00)

Below are the economic indicators for 17 August 2017 as at 07:00 (Values in parentheses indicates previous closing values.) Rand / US Dollar R13.17 (R13.30) Rand /...
Upbeat PMIs push GBPUSD back to the upper end of the range

Upbeat PMIs push GBPUSD back to the upper end of the...

In contrast to mainland Europe, UK PMIs markedly exceeded expectations, noting an overall increase in business activity. The manufacturing PMI rose to 47.3 in January...
UAE Exchange Rebrands as Unimoni in Tanzania

UAE Exchange Rebrands as Unimoni in Tanzania

Dar es Salaam, Tanzania, 4 February 2020, (AETOSWire) : UAE Exchange, a leading financial services brand in Tanzania and a Finablr company, announced the...
Image: DebtSafe

VAT panel to submit its report next month

Finance Minister Nhlanhla Nene says the panel that has been established to review a list off zero-rated food products will submit its report next...
Acting SARS Commissioner appointment extended

Acting SARS Commissioner appointment extended

Finance Minister Tito Mboweni has re-appointed Mark Kingon as Acting Commissioner of the South African Revenue Service (SARS) for a further 90 days, beginning...