The labour minister’s decision to review the earnings threshold — which decides who enjoys certain employment benefits — has surprised lawyers.
South Africa has secured over 200 international conferences, which Tourism Minister Marthinus van Schalkwyk says will provide a boost of R1.6-billion.
ANC treasurer-general Mathews Phosa says certainty on the issue of nationalisation is needed and this can only happen by having a unified voice.
More litigation around the fair value of offers could be seen due to the takeover regulations of the new Companies Act, say attorneys.
New forms of fraud are emerging that are making bank cyber fraud even more lucrative than the drug trade, says an auditing expert.
The latest survey done on retirement shows a positive trend in South Africa of retirement savings having reached their highest levels in a decade.
MTN is positioned to take advantage of opportunistic deal-making activity due to the high levels of cash on its books, the company has said.
New projects in Africa are expected to enjoy strong growth from next year, with inflows of foreign direct investment forecast to reach US$150-billion.
Incoming Reserve Bank Governor Gill Marcus faces her first test as the market expects a decision on the dates of MPC meetings to be held in 2010.
South Africa’s Finance Minister, Pravin Gordhan, said on Tuesday that he is concerned about the strong and uncompetitive levels of the rand.
South Africa’s fiscal deficit is expected to have widened significantly to -7,6% of GDP in the 2009/10 fiscal year from projections of -3,8%.
Total South African tax revenue in 2009/10 is projected to be R70,3-billion below the forecast presented in February at R589-billion.
Africa needs to urgently improve its cooperation across the continent, Minister in the Presidency Trevor Manuel said on Friday.
The announcement of a reduced formal workforce in SA of 179 000 people in the first quarter clearly signals a labour market in distress.
South African bonds overlooked a weaker rand to open firmer on Friday after credit extension and money supply data surprised to the downside.
An ANC lurch to the left is bound to throw the country off course, said Democratic Alliance leader Helen Zille on Thursday.
Tough economic decisions taken early on are bearing fruit in the face of the world financial crisis, said the National Treasury on Tuesday.
The new ANC leadership is likely to make budget changes prior to the election next year, says an economist.
Inflation expectations have deteriorated somewhat, Reserve Bank Governor Tito Mboweni told a bank shareholders’ meeting on Thursday.
Economist Clem Sunter said during a BDO seminar on Tuesday evening that the recession in the United States was starting to spread like a virus.
