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Apr 03, 2013
Business confidence in the first quarter of 2013 rose by six points, Rand Merchant Bank (RMB) and the Bureau for Economic Research (BER) reported on Wednesday. They said the RMB/BER Business Confidence Index increased to 52 in the first quarter of 2013 -- a level...
Apr 03, 2013
While the majority of South African businesspeople surveyed in advisory firm Grant Thornton’s latest International Business Report (IBR) have indicated that they would not relocate their headquarters to another country for any level of reduction in the corporate tax...
Mar 20, 2013
Article contains comments
Despite a marginal uptick in the theft of copper in South Africa from R11.1-million worth of the element in January to R11.2-million in February, the South African Chamber of Commerce and Industry (Sacci) believed the downward momentum seen in 2012 should continue...
Mar 12, 2013
The number of government institutions receiving clean financial audits has decreased, according to the 2011/12 report released by Auditor General Terence Nombembe on Tuesday. Only 117 of the 536 government institutions (22%) evaluated across South Africa achieved...
Mar 07, 2013
Of all emerging higher-growth economies, Africa was expected to provide the “most consistent and robust rates” of growth over the next 10 to 15 years, assurance, tax, transaction and advisory services company Ernst & Young said on Thursday. The group indicated that...
Mar 07, 2013
Business confidence remained under pressure in February, with the South African Chamber of Commerce and Industry’s (Sacci’s) Business Confidence Index (BCI) declining to 93 points, down one point on the 94 recorded in January. The business climate fundamentals...
Mar 05, 2013
Statistics South Africa (Stats SA) on Tuesday reported moderate year-on-year producer price index (PPI) rises across agriculture, mining, electricity, water and manufacturing during January. The organisation, which published the first revamped PPI series examining...
Mar 01, 2013
The South African Federation of Civil Engineering Contractors (Safcec) and the Steel and Engineering Industries Federation of South Africa (Seifsa) are analysing the potential impact of the changes made to both the producer price index (PPI) and consumer price index...
Mar 01, 2013
Feb 26, 2013
Feb 22, 2013
Feb 13, 2013
 
 
 
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
Jan 16, 2013
For the fourth consecutive month, the seasonally adjusted Kagiso Purchasing Managers Index (PMI) has contracted; losing 2.1 points in December to 47.4, as challenging employment conditions in South Africa persisted. The PMI approached the key 50-point mark in...
Jan 10, 2013
The recovery in South Africa’s manufacturing production continued in November, with output up 3.4%, compared with the corresponding month in 2011, Statistics South Africa (Stats SA) revealed on Thursday. The Stats SA data suggested that the year-on-year increase,...
Dec 11, 2012
South African job prospects are set to remain downbeat in the first three months of 2013, with employers reporting one of their weakest first-quarter forecasts on record. This is according to the Manpower Group’s latest Employment Outlook Survey, which found that 9%...
Dec 10, 2012
The Public Works Minister and the nine Public Works Members of Executive Councils (Minmec) renewed their commitment to complete the immovable asset register (IAR) of State-owned properties and combat fraud and corruption. Minmec, the Department of Public Works...
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
Article contains comments
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...
 
 
 
 
 
 
 
 
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