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The Competition Commission delivers its final Market Inquiry report to Minister of Trade, Industry and Competition Parks Tau at the Sandton Hotel. Joined by Competition Commissioner Doris Tshepe and Deputy Commissioner James Hodge were in attendance.  – Photo:  The Competition Commission

Competition regulation is essential for inclusive growth

In ensuring that markets remain open for all, the Competition Commission’s work cultivates the right conditions for new and growing businesses, including black-owned businesses,…

Students from the movement, ‘Open Stellenbosch’, ‘Luister’ and ‘Rhodes must Fall’ during a march at Stellenbosch University on September 1, 2015 in Stellenbosch, South Africa. The students are protesting against the language policy and alleged racism at the university. (Gallo Images / Beeld / Leanne Stander)

We need more anger about racism in South Africa

Those who want a non-racial and equal society need to unite against both whites and blacks who collaborate to entrench a racist system

PetroSA boss Mapula Modipa steps down

PetroSA on Wednesday announced the voluntary departure of Mapula Modipa, who is set to step down at the end of June after a year at the helm.

‘Expect another petrol hike’

Consumers over a barrel as fuel price soars

Petrol prices could rise by another 20c/litre, despite a 93c/litre hike that kicked in on September 5.

Don’t expect change on interest rates

Don’t expect change on interest rates, say economists

The South African Reserve Bank will leave interest rates unchanged for the foreseeable future should economic conditions persist, economists predict.

State can afford to take on more debt

State can afford to take on more debt

The state, economists say, can afford to double its debt levels and lift borrowing to about R1-trillion to pay its ambitious infrastructure plans.

Rates steady in spite of rand’s freefall

The Reserve Bank kept interest rates steady on Thursday, after a sharp overnight depreciation of the rand and amid darkening expectations.

Pushing up VAT ‘the least damaging way to fund NHI’

An increase in the rate of Value Added Tax would be the most effective way of funding the National Health Insurance, economists say.

Fears of all-out global trade war

Local economists downbeat about the upcoming G20 meeting and expect developing countries to look to their own interests.

Economist eyes 35c/l drop in petrol price

The price of petrol should drop about 35 cents per litre (c/l) when the central energy fund releases the latest petrol and diesel prices on Friday.

Manuel’s resignation sows chaos

The resignation of Trevor Manuel — alongside 13 senior Cabinet ministers — has caused confusion and volatility in the country’s financial markets.

Expect budget changes by new ANC, says economist

The new ANC leadership is likely to make budget changes prior to the election next year, says an economist.

Violence adds to economic woes

Anti-foreigner violence in South Africa has already hit the mining sector, a mainstay of the domestic economy, and threatens to undermine confidence among international…

PPI data ‘does not bode well for consumers’

South Africa’s producer price index (PPI) rose by 11,8% year-on-year in March from 11,2% in February, Statistics South Africa data on Thursday showed. Dawie Roodt, economist at…

Govt’s power plan for mines expected on Friday

The South African government will on Friday announce whether power supply can be increased to mines while maintaining the stability of the system. The review of consumption comes…

Credit growth quickens, clouds rates picture

Growth in demand for credit by South Africa’s private sector accelerated to 23% in January, official data showed on Friday, raising the chances interest rates may have to rise…

Minister: Job cuts at mines unavoidable

South African Minister of Minerals and Energy Buyelwa Sonjica has confirmed that job losses at mines are unavoidable, the South African Broadcasting Corporation reported on…

‘Shocker’ CPIX quickens to 8,8%

South Africa’s targeted CPIX inflation rate quickened to 8,8% year-on-year in January from 8,6% in December, above forecasts, data showed on Wednesday. The all-items consumer…

Trade deficit: ‘SA is now officially in trouble’

South Africa’s monthly trade deficit jumped to a record R14,73-billion in October, compared to September’s R4,3-billion shortfall, the South African Revenue Service said on…

PPI figure ‘in line with market expectations’

South Africa’s producer price index (PPI) rose by 9,4% year-on-year (y/y) in September, unchanged from August, Statistics South Africa data on Thursday showed. The PPI declined…