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Mar 20, 2012
The number of people employed in South Africa's formal sector inched up only 0.3% in the fourth quarter of 2011 with the manufacturing sector among the few that added jobs, Statistics South Africa said on Tuesday. Chronic unemployment remains one of the biggest...
Mar 16, 2012
Article contains comments
The small wind power market holds “enormous potential”, especially for nonelectrified areas in developing countries, yet only a handful of governments are offering specific support policies for small wind generating capacity, the World Wind Energy Association...
Mar 16, 2012
Prior to his Budget speech, many commentators were pondering how Finance Minister Pravin Gordhan would be able to source the taxes government required for the financial year in light of growing expenditure demands and a less robust revenue outlook. Following the...
Mar 14, 2012
Trade conditions had a slow start in January, but gained momentum during February, the South African Chamber of Commerce and Industry said on Wednesday. The chamber’s nonseasonally adjusted Trade Activity Index (TAI) increased by nine points to 57 in February,...
Mar 13, 2012
Building confidence in the first quarter of the year jumped to its highest level since the final months of 2010, boosted by higher confidence among contractors, building material manufacturers and quantity surveyors. The First National Bank (FNB) and the Bureau of...
Mar 12, 2012
Article contains comments
About 85% of water-intensive users among the JSE’s Top 100 companies are exposed to water-related risk, with 70% believing that their operations could be directly affected in the near term, a report revealed on Monday. However, most companies still needed to...
Mar 08, 2012
Cement sales increased to 884 700 t in February, statistics released by the Cement & Concrete Institute (C&CI) showed on Thursday. This was a 7.4% year-on-year increase and a 13.6% increase on the 779 003 t sold in January.
Mar 07, 2012
South African companies would remain risk and sales focused this year, as they sought to manage the international economic changes and additional domestic costs burdens, credit solutions provider Coface said on Wednesday, as it outlined the main gross domestic...
Mar 02, 2012
Article contains comments
Feb 29, 2012
Feb 29, 2012
Article contains comments
Feb 28, 2012
Feb 28, 2012
The total value of copper stolen increased to R21.9-million in January from R20.9-million in December, marking a monthly increase of 4.8%, as registered by the South African Chamber of Commerce and Industry (Sacci) Copper Theft Barometer. The January figure exceeded...
Feb 28, 2012
Consumer credit health is improving in South Africa, with households experiencing improved budget conditions, which supported the retail sector, market intelligence firm ETM Analytics head strategist Russell Lamberti said on Tuesday. Speaking at the launch of credit...
Feb 27, 2012
The number of liquidations in January decreased by 36.1% year-on-year, Statistics South Africa (Stats SA) reported on Monday. It attributed the decline to a 48.1% decrease in the number of voluntary liquidations. Company liquidations dropped by 37.8%, while close...
Feb 24, 2012
Multichannel retailing or selling to the public, through a mix of shops, online or catalogue, is a trend that is dominating retailer strategies globally.
Feb 17, 2012
Feb 17, 2012
Less than 105 000 matriculants out of the 496 000 that sat for their final exams in 2011, are able to pursue studies in engineering this year.
Feb 17, 2012
Despite another rollercoaster year, finance professionals in South Africa have shown notable resilience to the ongoing turbulence of the global economy, states the 2011 members’ salary survey carried out by the Chartered Institute of Management Accountants (CIMA).
Feb 16, 2012
Employment has increased among higher-income groups in South Africa, while many of the country's lowest earners have lost their jobs, according to a transformation audit released on Wednesday.
Feb 10, 2012
Finance Minister Pravin Gordhan, who will present South Africa’s 2012 Budget on February 22, will need to strike a difficult balance between finding the resources required to implement growth-supporting policy objectives and debt sustainability, Deloitte economist...
Feb 08, 2012
The Business Confidence Index (BCI) of the South African Chamber of Commerce and Industry (Sacci) dipped to 97.1 in January, the lowest level since May 2010, when the BCI registered 96.7. The BCI briefly increased by 1.7 points in December, to 99.1. The January 2012...
Feb 03, 2012
Construction development company Business & Marketing Intelligence (BMI) Building Strategy Research Unit principal consultant Dr Llewellyn Lewis has called on the Competition Commission to reverse its decision to prohibit the centralised publication of cement use...
Jan 30, 2012
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The Proudly South African “Buy Local” campaign has called on all its member companies, partners and supporters to rally behind Corruption Watch, the anti-corruption watchdog launched last week. “As proud South Africans, we have to unite to put an end to...
Jan 23, 2012
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The total number of insolvencies for the first eleven months of 2011 decreased by 30.2% to 2 584, compared with 3 703 in the first eleven months of 2010, Statistics South Africa (StatsSA) reported on Monday. A year-on-year decrease of 17.3%, from 335 to 277, was...
Jan 20, 2012
The prevalence of internal economic crimes committed by senior management in companies in South Africa has risen to 36% from 17% in 2009, reflecting these crimes’ requirements of sensitive information and sophisticated skills to perpetrate, says...
Jan 18, 2012
The seasonally adjusted Kagiso Purchasing Managers Index (PMI) lost some ground in December, falling by 2.2 index points to below the key 50 mark, and currently stands at 49.4. The seasonally adjusted new sales orders index experienced a decline of 2.9 index points...
Jan 17, 2012
Article contains comments
The world economy was at a critical juncture with United Nation (UN) economists predicting that 2012 would be a critical year to either maintain slow economic recovery or slip back into a recession. Persistent high unemployment, the eurozone sovereign debt crisis...
Jan 17, 2012
The findings of the Auditor General's annual government audit are "scandalous" and heads should roll, trade unions and the Democratic Alliance said on Tuesday.
Jan 16, 2012
Several government departments have come under fire in a report by Auditor-General Terrence Nombembe who found a series of irregularities, poor financial controls and reporting by departments. Nombembe today released details of audit findings for the 2010/2011...
Jan 12, 2012
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South Africa’s manufacturing output grew by 2.6% year-on-year in November, after a 1.2% year-on-year expansion in October, Statistics South Africa (Stats SA) reported on Thursday. The improvement was mainly attributable to the basic iron and steel, nonferrous...
Jan 11, 2012
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The South African National Roads Agency Limited (Sanral) has registered more than 200 000 account units for e-tolling on Gauteng Freeway Improvement Project (GFIP), which is set to go live next month. The agency said on Wednesday that 212 906 accounts have been...
Jan 10, 2012
Article contains comments
South African tertiary institutions are failing to produce enough graduates in business-oriented fields, staffing solutions company Adcorp said on Tuesday, releasing its December Employment Index. The report pointed to there currently being nearly 600 000 unemployed...
Jan 10, 2012
The South African Chamber of Commerce and Industry’s (Sacci’s) Business Confidence Index (BCI) has increased by 1.7 index points, from 97.4 in November to 99.1 in December. While this was the first increase since business confidence started its decline in April,...
Dec 14, 2011
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Global market uncertainty continues to hamper South Africa’s employment growth, with initiatives that would otherwise have had positive influences on employment, such as international entrants to the country and government job creation schemes, not delivering...
Dec 13, 2011
Article contains comments
South Africa provided about 59 000 new formal jobs for people in the nonagricultaral sector during the third quarter of this year, the latest quarterly employment statistics survey (QES), undertaken by Statistics South Africa (Stats SA), showed on Tuesday. This was...
Dec 12, 2011
Article contains comments
Statistics South Africa (Stats SA) has trained about 880 people to deal with a new methodology to capture the data from the Census 2011 questionnaires, with processing set to start in January, project director Calvin Molongoana said on Monday. Minister in the...
Dec 09, 2011
South African property loan stock company Arrowhead Properties, which listed on the JSE on Friday, would aim to grow its assets to R10-billion in the next five years, said CEO Gerald Liessner.
Dec 07, 2011
South Africa’s employers have received a mixed report card, with slightly less than half of all survey respondents of the Kelly Global Workforce Index (KGWI) saying bosses have done a good job in preparing them for future success. The KGWI contains the views of...
Dec 07, 2011
The South African Chamber of Commerce and Industry’s (Sacci’s) business confidence index (BCI) declined by 0.1 points to 97.4 in November, compared with 97.5 in October, the chamber said on Wednesday. The steadying of the BCI in November created the possibility...
Dec 07, 2011
The percentage of young adults who where considered financially excluded increased during the year, while the formal level of financial inclusion in South Africa remained unchanged, the FinScope 2011 study, which monitors the use and perceptions of the financial...
Dec 01, 2011
Article contains comments
South Africa ranked 64 out of 183 countries surveyed in Transparency International's 2011 Corruption Perceptions Index released today, with the watch dog stating that corruption continues to plague too many countries around the world. The report shows some...
Nov 30, 2011
Nov 29, 2011
South Africa’s third-quarter economic growth data came in below expectations on Tuesday as mining and manufacturing contracted. Third-quarter gross domestic product (GDP) increased by 1.4%, which was below market expectations of a 1.8% increase, but slightly...
Nov 25, 2011
Nov 18, 2011
Despite onging turbulence in the global economy, 72% of private equity professionals in Brazil, Russia, India, China and South Africa (Brics) countries believe investment activity in the sector will rise, a new report by international accounting firm Grant Thornton...
Nov 18, 2011
JSE-listed black-managed Rebosis Property Fund has reported a profit for the period from its May 17 listing to the end of August, which will be further enhanced by a development pipeline. The company, which was also the first to list under the new Companies Act,...
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