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Feb 26, 2013
South Africa’s automotive dealers remained optimistic about new vehicle sales in the year ahead, despite expectations that growth in the new vehicle market would moderate in 2013, vehicle financier WesBank’s latest Vehicle sales Confidence Indicator (WVsCI) for the...
Feb 22, 2013
There is a direct correlation between the mobility of people, specifically their ability to move freely and seek opportunities, as well as their connectivity to communications and information sharing, and their socioeconomic wellness, a study commissioned by...
Feb 13, 2013
South Africa has maintained its position as the leading emerging economy on the African continent, ahead of Nigeria in terms of potential investment destinations, a report by global business and audit advisory firm Grant Thornton has confirmed. The report, entitled...
Feb 07, 2013
Yearly growth in South Africa’s manufacturing production fell to 2% in December 2012 from 3.7% in the previous month and was below market expectations of 2.9%. Although subdued, seven of the ten manufacturing divisions, including the petroleum, chemical products,...
Feb 07, 2013
Business confidence in South Africa remained strained, as the South African Chamber of Commerce and Industry’s (Sacci’s) Business Confidence Index (BCI) improved only marginally from 93 points in December 2012 to 94 points in January 2013. The latest BCI, released on...
Feb 05, 2013
Article contains comments
South Africa needed to get into a policy dialogue regarding its high unemployment rate, which has remained stagnant for more than a decade, Statistics South Africa (Stats SA) statistician-general Pali Lehohla said on Tuesday. He was commenting at the release of...
Feb 04, 2013
New research by global business advisory firm FTI Consulting revealed that 80% of South Africans regarded corruption as the greatest impediment to foreign direct investment (FDI) in the country. This was the result of a poll that covered more than 1 400 South...
Jan 25, 2013
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Dec 11, 2012
Dec 10, 2012
 
 
 
Dec 06, 2012
Twenty-eight per cent of South Africans say local government cannot be trusted to deliver the services that citizens expect – a figure that has not improved in recent years, the South African Reconciliation Barometer survey, conducted annually by the Institute for...
Dec 06, 2012
Black investors hold at least 21% of the top 100 companies listed on the JSE, while the white participation level is 22%, research has revealed. Chandler & Associates research team head Trevor Chandler on Thursday said that the 21% includes 9% held directly, mostly...
Dec 06, 2012
A total of 70 502 new jobs were created in South Africa during November, recording an annualised growth of 4.4%, the Adcorp November Employment Index, released on Thursday, revealed. The JSE-listed company said that the past three months had seen the economy add...
Dec 05, 2012
Article contains comments
The perception of the prevalence of corruption in South Africa’s public sector is worsening, with the country slipping further in Transparency International’s latest Corruption Perceptions Index (CPI). The lower ranking, which places South Africa on par with its...
Dec 04, 2012
South Africa’s energy sustainability has decreased, weighed down by a sharp drop in energy security, the World Energy Council's (WEC’s) 2012 World Energy Trilemma report has shown. Impacted by a decline in the wholesale margin on liquid fuel and weak performance on...
Nov 30, 2012
Article contains comments
Cape Town is South Africa’s most productive metro, while Overstrand, also in the Western Cape, is the top local municipality, but, on average, Gauteng’s municipalities are the country’s top performers. This is according to local government data intelligence service...
Nov 27, 2012
South Africa’s gross domestic product (GDP) growth slowed in the third quarter, dragged down by a sharp contraction in the mining sector. Statistics South Africa’s (Stats SA’s) latest quarterly GDP report showed third-quarter growth of 1.2%, compared with 3.4% in...
Nov 23, 2012
South Africa and Africa, which increasingly regard further regional integration to stimulate and accelerate economic growth and foster development as crucial, are paying attention to how Southeast Asian countries used the tools of cooperation and integration to do...
Nov 20, 2012
Engineering, technology and defence group Reunert reported a 10% increase in normalised headline earnings a share to 644.4c in the financial year ended September as revenue and operating profit rose. The JSE-listed company said that it bolstered its revenue by 7% to...
Nov 08, 2012
Article contains comments
South Africa was still the most attractive foreign direct investment (FDI) destination in Africa, despite the recent negative perceptions that the country was losing momentum, said advisory firm Ernst & Young (E&Y) Africa Business Center lead partner Michael Lalor...
 
 
 
 
Nov 01, 2012
South Africa’s unemployment rate rose to 25.5% in the third quarter, from 24.9% in the previous quarter, with the number of unemployed people increasing by 197 000, Statistics South Africa (Stats SA) said in its latest Quarterly Labour Force Survey (QLFS). The agency...
Oct 30, 2012
Article contains comments
South Africa's latest census reaffirmed the country's chronic unemployment problem, while also confirming that there had been no let up in the ongoing urbanisation momentum. Census 2011, which was the third to be conducted since 1994, estimated the country's...
Oct 24, 2012
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China is not bleeding South Africa dry in terms of manufacturing and imports, but rather assisting in economic growth, Free Market Foundation economist Jasson Urbach said on Wednesday, adding that the majority of ordinary people in South Africa benefitted from...
Sep 28, 2012
South Africa has moved up four places to fiftieth position in the World Economic Forum (WEF) Global Competitiveness Report 2011-12, out of 142 countries surveyed. South Africa remains the highest-ranked country in sub-Saharan Africa and is placed second among its...
Sep 20, 2012
Business robberies in South Africa increased by 7.5% in the 2011/12 financial year to a ratio of 31.5, from 29.3 in the previous year, with mostly small- to medium-sized businesses targeted, the latest crime statistics have revealed. The South African Police Service...
Sep 18, 2012
The latest ‘Economic Freedom of the World’ report by Canada’s Fraser Institute has ranked South Africa at 85 out of 144 countries, a rise from a ranking of 91 in the previous year. The Free Market Foundation executive director Leon Louw said that the outlook for...
Sep 14, 2012
Unemployment remained one of South Africa’s key challenges going forward, and entrepreneurship could play a significant role in reaching the target of five-million new jobs by 2020, said financial services group Absa CE for retail and business banking Bobby Malabie...
Sep 12, 2012
A survey by the South African Chamber of Commerce and Industry (Sacci) has found that a smaller-than-expected number of small businesses were impacted by late government payments, but that they were being severely hurt. The survey, which was undertaken among Sacci...
Sep 10, 2012
A survey conducted by the Gauteng City Region Observatory (GCRO) has placed Johannesburg near the top of municipalities in Gauteng in all the indicators of basic services such as piped water, refuse collection, access to sanitation, energy and transport. The most...
Aug 17, 2012
Change is brewing in terms of accelerating artisan development, says Steel and Engineering Industries Federation of South Africa (Seifsa) skills development executive Janet Lopes. With the implementation of government’s National Skills Development Strategy and a...
 
 
 
 
Aug 16, 2012
Article contains comments
Policymakers in South Africa should use a set of policy tools such as macro-prudential regulation, capital controls and exchange rate bands to create macro-financial stability, the Manufacturing Circle stated its second-quarter bulletin, published on Thursday. Iraj...
Aug 10, 2012
The African Development Bank (AfDB) announced a partnership with Mobile Accord to process mobile-based surveys in Africa, said its chief economist Mthuli Ncube at its annual meeting.
Aug 07, 2012
Business confidence plunged to a 12-year low in July, the South African Chamber of Commerce and Industry (Sacci) reported on Tuesday, as it expressed concern over the global economic slowdown and the widespread downwards revision of South Africa’s growth outlook....
Jul 24, 2012
The number of liquidations in South Africa rose by 36.5% year-on-year in June, while second-quarter liquidations increased 42.6% year-on-year, official data showed this week. Statistics South Africa (Stats SA) reported a total of 213 liquidations in June, which is...
Jul 24, 2012
Article contains comments
Jul 17, 2012
Weaker recovery in the world economy over the past three months has seen the International Monetary Fund (IMF) slightly lowering South Africa’s growth forecast for 2012 to 2.6% from 2.7% projected in April. Although 2012 growth projections for the eurozone remained...
Jul 09, 2012
Article contains comments
Black economic-empowerment (BEE) business leaders who succeeded in the past predominantly through political clout, rather than entrepreneurial initiative, were no longer regarded as iconic, a new study by the Reputation Institute South Africa has found. The survey,...
Jun 19, 2012
Employment in South Africa's formal sector edged up 0.1% in the first quarter of 2012 compared with the previous quarter, with job increases in the mining sector and a fall in manufacturing, Statistics South Africa said on Tuesday. Africa's biggest economy is...
Jun 13, 2012
Article contains comments
The strong hiring prospects reported in nine of the ten measured industry sectors for the third quarter of 2012, augured well for job seekers, the latest Manpower Employment Outlook Survey showed. In the wholesale and retail trade sector employers recorded a net...
Jun 12, 2012
Building confidence in the second quarter of the 2012 fell to 27 points after increasing to 34 points in the first quarter, as perception of the industry falters, First National Bank (FNB) and the Bureau of Economic Research (BER) reported on Tuesday. However,...
 
 
 
 
Jun 08, 2012
Paper and plastic packaging group Mpact said on Friday its basic and headline earnings a share for the six months to the end of June were expected to increase by more than 20%. The company is forecasting lower estimated finance costs for the six months, compared...
Jun 04, 2012
The Cape Town International Airport received over 215 000 international travellers in the fourth quarter of 2011, which is a year-on-year increase of 14.5%, with regional and domestic arrivals also improving. This was reported in the Western Cape Investment and...
Jun 01, 2012
South African registered property loan stock company Dipula Income Fund has reported that it is on track to achieve its forecast results for the year ending August 31, 2012, with distributions for each A-linked unit of 39.685c and 27.741c for each B-linked unit,...
May 30, 2012
Despite continuing economic weakness in some parts of the world, passenger demand for air travel continued to grow, registering a 6.1% expansion last month, the International Air Transport Association (Iata) reported on Wednesday. Strong demand for air travel and...
May 28, 2012
Article contains comments
Africans aged between 15 and 24 currently comprise 60% of the continent’s unemployed, with 22-million of those 40-million unemployed youths having abandoned the search for a job, the latest ‘African Economic Outlook’ warns. The 2012 report, which contains country...
 
 
 
 
 
 
 
 
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