R/€ = 15.87 Change: -0.27
R/$ = 13.66 Change: -0.22
Au 1278.54 $/oz Change: -21.47
Pt 884.00 $/oz Change: -20.07


Nationalisation of banks is not government policy – Treasury 

By: African News Agency      18th April 2017 National Treasury on Tuesday distanced itself from an opinion piece written by Professor Chris Malikane, an economic adviser to the Minister of Finance Malusi Gigaba, saying that the nationalisation of banks is not government policy. This comes after Malikane, an economics professor at the... 

Mixed reaction to minimum wage panel report

By: African News Agency      21st November 2016 The report of the National Economic Development and Labour Council (Nedlac) advisory panel on a national minimum wage, which has proposed a figure of R3500 a month and R20 an hour, was welcomed by some but rejected by others on Sunday. Deputy President Cyril Ramaphosa released the report at a... 

DTI calls for more to be done to boost local manufacturing

By: Shirley le Guern     16th August 2016 Significant successes characterise the national industrial effort but much more needs to be done to achieve the required scale and a higher impact industrial policy, Department of Trade and Industry (DTI) chief director Nigel Gwynne-Evans told delegates at the Manufacturing Indaba, in Durban, on... 

The impact of local content rules in renewables sector questioned

20th May 2016 By Dr Chris Ettmayr and Professor Hendrik Lloyd Economies around the world are demanding more energy, but the nature of the demand is changing, with preference given to energy sources that have a reduced environmental impact. A dichotomy arises for governments that need to increase generation... 

G-20 threatens penalties on tax havens

By: Bloomberg     29th April 2016 Group of 20 (G-20) economies threatened to penalise havens that don’t share information on their banking clients after the leak of the Panama Papers provoked a global uproar over tax evasion. The G-20 will consider “defensive measures” against financial centers and jurisdictions that don’t commit... 

With mining industry on its knees, increased flow-through benefits could fuel recovery 

By: Henry Lazenby     12th February 2016 Proponents of Canada’s long-standing flow-through share tax incentive programme, which is available to mineral exploration companies to raise funds to look for new deposits, say that increased benefits could help resuscitate the domestic industry, even though signs are pointing towards a possible... 

PDAC lobbies feds during prebudget consultations on exploration and development sector priorities

By: Henry Lazenby     3rd February 2016 The Prospectors & Developers Association of Canada (PDAC) has lobbied the federal government during its nationwide prebudget consultations to take action and improve the flow of capital to the junior exploration sector, as well as to address the infrastructure deficit in northern and remote... 

Mooted free-trade area seen boosting intra-African minerals trade flows

By: Ilan Solomons     11th September 2015 Formal negotiations are taking place among the 54 member States of the African Union (AU) to create a free-trade zone on the continent by 2017. The AU Assembly launched the Continental Free Trade Area (CFTA) negotiations during the twenty-fifth Ordinary Summit of Heads of State and Government on... 

SA should revisit monetary policy to address economic imbalances 

By: Idéle Esterhuizen     16th August 2012 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 Abedian, the CEO of Pan African... 


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