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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
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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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Jan 11, 2012
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Jan 10, 2012
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Jan 10, 2012
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
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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
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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
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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,...
Nov 17, 2011
Corporate insolvencies could increase next year, if the world economy descended into a recession, South African credit insurer Credit Guarantee senior economist Luke Doig said on Thursday. According to the global corporate insolvency index, insolvencies rose a...
Nov 10, 2011
South Africa’s labour productivity, a leading indicator of job creation, has fallen to the lowest level in 40 years, JSE-listed human capital group Adcorp’s employment index for October stated. Adcorp Labour market analyst Loane Sharp said on Thursday the...
Nov 07, 2011
South Africa is unlikely to meet its development goals on its current path, the Development Bank of Southern Africa (DBSA) said on Monday.
Nov 07, 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.
Nov 03, 2011
Article contains comments
Companies from South Africa are seen as the fifteenth most likely to use bribery to secure foreign contracts, a new report released by Transparency International says.
Sep 23, 2011
Agricultural group Afgri expects Competition Commission approval for its acquisition of Pride Milling’s yellow maize milling business operating in Ermelo, Kinross and Bethal, in Mpumalanga, before the end of this month. Speaking at the groups financial results...
Sep 16, 2011
Information and records storage manager Metrofile says it expects its long-awaited Nigerian operation to start trading from October, with expansion into other African countries starting once the Nigerian business is fully operational. Metrofile CEO Graham Wackrill...
Sep 13, 2011
South Africans were likely to benefit from a positive, but conservative hiring pace in the fourth quarter of this year, with hiring intentions showing little change from the previous quarter, according to the ‘Manpower Employment Outlook Survey’ released on...
Aug 30, 2011
South Africa's economic growth slowed to 1.3% in the second quarter of 2011 on a seasonally adjusted and annualised basis, compared with a downwardly revised 4.5% expansion in the first quarter, data showed on Tuesday. On an unadjusted year-on-year basis, the...
Aug 25, 2011
Market research and consulting firm Frost & Sullivan has analysed 40 ‘mega trends’ that it believes will affect how the world functions in 2020, said Frost & Sullivan’s Phil Howarth at the Growth, Innovation and Leadership 2011 Africa event, in Cape Town on...
Jul 15, 2011
Agricultural commodity prices are likely to remain at a higher level during the next ten years, compared with the previous decade, states the Agricultural Outlook for 2011-2020 report.
Jul 12, 2011
Article contains comments
Sustained growth in developing countries is keeping the world on track to reduce the global poverty rate to below 15% by 2015, the United Nations (UN) said at the launch of ‘The Millennium Development Goal Report 2011’ on Tuesday. This is significantly below the...
Jul 08, 2011
Credit insurance company Credit Guarantee Insurance Corporation says the 72.1% year-on-year fall in May 2011 liquidations, to 107 from 384, exceeded expectations and is largely due to a 78.2% fall in voluntary liquidations, however, cautions against overt optimism.
Jul 08, 2011
A new engineering artisan training facility, which aims to deliver 500 artisans into the South African economy every year, has been launched by private higher education institution Production Management Institute (PMI), in Johannesburg.
Jun 22, 2011
South African consumer inflation accelerated more than expected in May, boosting chances the Reserve Bank might start lifting interest rates before the end of the year rather than early in 2012. Government bond yields retreated, with the yield on the four-year issue...
Jun 21, 2011
The number of people employed in South Africa's non-agricultural sectors increased by 0.6% in the first quarter of 2011 compared with the fourth quarter of last year, data showed on Tuesday. Statistics South Africa said the number of employed people in the formal...
Jun 17, 2011
Consumer packaged goods company Tiger Brands’ has made a number of acquisitions set to generate significant earnings in the longer-term.
Jun 14, 2011
Article contains comments
South Africa’s population is expected to exceed 50-million in the 2011 census, which will take place in October, said Statistics South Africa (Stats SA) head Pali Lehohla on Tuesday. According to the mid-2010 estimates, South Africa has a population of...
Jun 13, 2011
Statistics-based evidence is key to realising the vision expressed in South Africa’s Constitution and to creating the visibility needed to deal with the current impediments to economic growth and development, Minister in the Presidency responsible for the National...
Jun 07, 2011
South Africa’s business confidence fell sharply in the second quarter, a survey by Rand Merchant Bank (RMB) and the Bureau for Economic Research (BER) showed on Tuesday, with confidence levels either declining or remaining unchanged in all sectors, other than...
Jun 03, 2011
World crude steel production for the 64 countries reporting to the World Steel Association was 127-million tons in April 2011, 5% higher compared with the same period last year.
May 31, 2011
South Africa’s economy grew by 4,8% in the first quarter of the year, up from the 4,4% in the final quarter of 2010, boosted by strong manufacturing growth , Statistics South Africa (Stats SA) reported on Tuesday. Manufacturing contributed 2,2 percentage points to...
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