More South Africans receive grants than have jobs – a recipe...
There are more people receiving social grants in South Africa than there are people with jobs. This is the finding from the latest South...
Economic indicators for 22 June 2017 (07:00)
Below are the economic indicators for 22 June 2017 as at 07:00
(Values in parentheses indicates previous closing values.)
Rand / US Dollar R13.05 (R13.08)
Rand /...
Fuel price cut in July?
After the fall in fuel prices during June, motorists may get a further bonus on 5 July.
The Department of Energy predicts a reduction of...
Economic indicators for 21 June 2017 (07:00)
Below are the economic indicators for 21 June 2017 as at 07:00
(Values in parentheses indicates previous closing values.)
Rand / US Dollar R13.08 (R12.98)
Rand /...
Economic indicators for 19 June 2017 (07:00)
Below are the economic indicators for 19 June 2017 as at 07:00
(Values in parentheses indicates previous closing values.)
Rand / US Dollar R12.81 (R12.86)
Rand /...
DTI lowered the threshold for major BBBEE ownership transactions
The Broad-Based Black Economic Empowerment Commission (B-BBEE Commission) has welcomed the Department of Trade and Industry’s lowering of its threshold for major B-BBEE ownership...
Finance Minister gazettes provisions of FICA Act
Finance Minister Malusi Gigaba has signed and gazetted the coming into operation of various provisions of the Financial Intelligence Centre Amendment (FICA) Act, 2017.
The...
Bleak future for mining industry in South Africa
Mining companies have 12 months in which to achieve a 30% black ownership, according to the Minister of Mineral Affairs Minister Mosebenzi Zwane.
Mining rights...
Eskom notes rating agency downgrade
Power utility Eskom has noted Moody’s decision to downgrade it to Ba2 from Ba1.
In a statement on Wednesday, the power utility said it had...
Mining companies required to have 30% black ownership
The 2017 Mining Charter has increased the level of black ownership in mining companies from 26% to 30%.
“Holders who have maintained a 30% black...
Economic indicators for 15 June 2017 (07:00)
Below are the economic indicators for 15 June 2017 as at 07:00
(Values in parentheses indicates previous closing values.)
Rand / US Dollar R12.65 (R12.77)
Rand /...
Economic indicators for 14 June 2017 (07:00)
Below are the economic indicators for 14 June 2017 as at 07:00
(Values in parentheses indicates previous closing values.)
Rand / US Dollar R12.77 (R12.82)
Rand /...
