EconomyLoop
where regional business news becomes global to everyone

Fin24.com | Top 5 on Fin24: Striking Gupta mineworkers demand answers, experts weigh in on #Budget2018

A roundup of Thursday's top economic and finance reads on Fin24.... read more

 South African Economy3 hours ago

     
Fin24.com | Ramaphosa's swift changes a cause for celebration

Investor favourite President Cyril Ramaphosa's strength and conviction when it comes to his reforms is likely to build momentum, according to Overberg Asset Management.... read more

 South African Economy4 hours ago
Fin24.com | Koko says he is 'moving on', despite Eskom court victory

The Labour Court has ruled in favour of controversial former Eskom executive Matshela Koko, but he says it is too little too late and he has already moved on. Court rules Eskom's ultimatum to Koko unlawful but he has 'moved on'... read more

 South African Economy5 hours ago
Fin24.com | Striking Gupta mineworkers demand answers about their future

Striking mineworkers at Gupta-owned Optimum Coal Mine have demanded to know the "truth of the sale" of the mine.... read more

 South African Economy6 hours ago
Fin24.com | UK net migration falls more than a quarter since Brexit vote

Net migration to the UK has fallen by 92 000 since the June 2016 Brexit referendum as European Union nationals arrive in fewer numbers.... read more

 South African Economy8 hours ago
Fin24.com | Top 5 on Fin24: #Budget2018 - Gigaba shocks with VAT hike, risks to SA economic outlook remain

In case you missed it, here is a roundup of Wednesday's top Budget reads on Fin24.... read more

 South African EconomyYesterday
Fin24.com | Court finds Gigaba lied under oath

The North Gauteng High Court has ruled that Finance Minister Malusi Gigaba lied under oath during his tenure as home affairs minister in a case about a private immigration terminal.... read more

 South African EconomyYesterday
Fin24.com | Eurozone hits speed bump on road to faster economic growth

A speed bump in economic momentum won’t interrupt the eurozone's upswing.... read more

 South African EconomyYesterday
Fin24.com | UK wages pick up with fewer foreign nationals in the workforce

Pay for workers in Britain has picked up in the fourth quarter and productivity gained as fewer non-nationals were in the workforce.... read more

 South African EconomyYesterday
Fin24.com | Safcei: We want to tell MPs in fancy cars that SA doesn't need nuclear

A handful of protesters from the Southern African Faith Communities’ Environment Institute held anti-nuclear placards outside Parliament ahead of the Budget Speech.... read more

 South African EconomyYesterday
Fin24.com | Sharp drop in consumer inflation

South Africa's consumer price inflation came out at 4.4% in January 2018, in line with expectations and down from 4.7% in December 2017.... read more

 South African EconomyYesterday
Fin24.com | Magda Wierzycka on SA economy, Ajay Gupta, corruption

Sygnia's Magda Wierzycka explains why she has contributed to the reward for information that could lead to the arrest of Duduzane Zuma and the Gupta brothers. She also discusses her outlook for the SA economy.... read more

 South African EconomyYesterday
Fin24.com | OUTA calls on Public Protector to step down following Bankorp-CIEX ruling

The anti-corruption advocacy group has called on Public Protector Busisiwe Mkhwebane to step down in the wake of a court ruling last week.... read more

 South African Economy2 days ago
Fin24.com | Top 5 on Fin24: Gordhan, Jonas strong contenders for Ramaphosa Cabinet, Treasury launches Vulekamali

A roundup of Tuesday's top economic and finance reads on Fin24.... read more

 South African Economy2 days ago
Fin24.com | South Africa to tackle tax avoidance – Ramaphosa

President Cyril Ramaphosa has reiterated his commitment to fighting corruption in his response to EFF chief whip Floyd Shivambu, who called on the president to deal decisively with tax avoidance.... read more

 South African Economy2 days ago
Fin24.com | Ramaphosa vows change for small businesses

President Cyril Ramaphosa says efforts will be made to remove the “red tape” stifling the development of entrepreneurs.... read more

 South African Economy2 days ago
Fin24.com | Ramaphosa's plan for SOEs

President Cyril Ramaphosa has heeded calls from MPs to fix state-owned enterprises during the SONA debate.... read more

 South African Economy2 days ago
Fin24.com | Moody's, Fitch cautiously upbeat about recent moves in SA

Rating agencies Moody's and Fitch are somewhat optimistic about some new developments in South Africa, following the resignation of Jacob Zuma and subsequent actions related to corruption, in mining and the Treasury.... read more

 South African Economy2 days ago
Fin24.com | Gordhan, Jonas said to be part of Ramaphosa's new Cabinet plan

Former ministers banished to the political wilderness under Jacob Zuma’s presidency are set to make a comeback as President Cyril Ramaphosa prepares to revive the stagnant economy.... read more

 South African Economy2 days ago
Fin24.com | Ntsebeza inquiry is not a disciplinary process

The Ntsebeza inquiry is not a disciplinary hearing, but a process to determine whether members of SAICA contravened the institute's code of conduct, says its chairperson .... read more

 South African Economy2 days ago
Fin24.com | Strong calls for Ramaphosa to fix SOEs

Members of Parliament have called on President Cyril Ramaphosa to clean up state-owned enterprises and to have those implicated charged and removed.... read more

 South African Economy3 days ago
Fin24.com | Corruption costs SA lower growth, fewer jobs – Patel

Economic Development Minister Ebrahim Patel spoke out against corruption in SOEs and in the private sector, calling players to combat the "cancer".... read more

 South African Economy3 days ago
Fin24.com | Madonsela: Has Ramaphosa provided policy resonance?

In his State of the Nation Address President Cyril Ramaphosa has provided policy certainty, but has he provided policy resonance, asks former public protector Thuli Madonsela.... read more

 South African Economy3 days ago
Fin24.com | Top 5 on Fin24: SARS to comply with tax inquiry, Zuma R50.8bn budget hole leaves SA in quandary

A roundup of Monday's top economic and finance reads on Fin24.... read more

 South African Economy3 days ago
Fin24.com | JUST IN: SARS to cooperate with Ramaphosa's tax inquiry

The South African Revenue Service says it will cooperate with an inquiry into its administration and governance, announced by President Cyril Ramaphosa during his State of the Nation Address.... read more

 South African Economy3 days ago
Fin24.com | Auditor general soon to get greater powers to fight wasteful spend

The auditor general should get “more teeth” to deal decisively with those wasting taxpayer money, according ANC chief whip Jackson Mthembu.... read more

 South African Economy3 days ago
Fin24.com | WATCH: Five things to look out for in 'tough' budget

Five crucial things to keep an eye on when the finance minister delivers the first budget of the Ramaphosa era in Parliament this week.... read more

 South African Economy3 days ago
Fin24.com | Mining Charter court bid put on hold as Ramaphosa steps in

The Chamber of Mines and the Presidency have both said an upcoming court case to review the controversial Mining Charter will be put on ice in order to give negotiations a chance.... read more

 South African Economy4 days ago
Fin24.com | Cape Town businesses aim to be free of municipal water supply

Boreholes, hand sanitisers and waste water replace the fresh resource on film sets and building sites.... read more

 South African Economy4 days ago
Fin24.com | Silver lining in Cape Town's drought

Moves to save water and boost supply by Cape Town businesses would help in the future, says Cape Chamber of Commerce president Janine Myburgh.... read more

 South African Economy4 days ago
Fin24.com | Difficult question? Just delay and delay

Time-wasting. Fobbing off. Procrastination. It’s what people in authority often do when they don’t want to face up to reality or to answer difficult questions.... read more

 South African Economy4 days ago
Fin24.com | Winning Women: Healing hands

SA's Nicola Fellowes has reached the stage where surgeons send patients to her for diagnosis and assessment before surgery or other interventions are considered.... read more

 South African Economy4 days ago
Fin24.com | Molewa fights green groups

Green organisations accuse Environmental Affairs Minister Edna Molewa of using outdated information about the country’s energy needs to grant authorisation for a new coal power station.... read more

 South African Economy4 days ago
Fin24.com | Rehab tourism is big business

The Netherlands accounts for a large chunk of people who come to SA seeking treatment for addiction.... read more

 South African Economy4 days ago
Fin24.com | IDT set to hire and fire to stay afloat

State agency the Independent Development Trust is bankrupt and to get its latest bailout it has to comply with Treasury conditions, including changing its mix of staff.... read more

 South African Economy4 days ago
Fin24.com | Your land audit story was full of lies

The article by Dewald van Rensburg – titled Land audit’s “bizarre” recommendations: “Definitive proposals” from land audit are difficult because the results are incredibly inconclusive – refers.... read more

 South African Economy4 days ago
Fin24.com | Unions want Ramaphosa to focus on workers, not top management

Two labour organisations have called for a cull of 'bloated' national departments.... read more

 South African Economy5 days ago
Fin24.com | Business bodies broadly welcome Ramaphosa's first SONA

A number of business groupings committed to working with the new president on the various working groups and summits he outlined during his address.... read more

 South African Economy5 days ago
Fin24.com | WATCH: 10 ways President Ramaphosa wants to revive the economy

The president announced a number of new commissions, tasks teams and working groups to revive the economy and fight unemployment during his State of the Nation Address.... read more

 South African Economy5 days ago
Fin24.com | Scathing judgment may put Mkhwebane's job in jeopardy

A scathing judgment could lay the foundation for evicting Public Protector Busisiwe Mkhwebane from office, after the court found she did not have a proper understanding of what her job entails.... read more

 South African Economy5 days ago
Fin24.com | Calls for an extradition treaty between SA, UAE

An "Ideas for action" document, compiled by British peer Lord Peter Hain and other anti-corruption activists, calls for an extradition treaty between South Africa and the United Arab Emirates.... read more

 South African Economy5 days ago
Fin24.com | Ramaphosa SONA financial roundup - 7 key takeaways

President Cyril Ramaphosa has delivered his maiden State of the Nation Address in Cape Town to thunderous applause.... read more

 South African Economy5 days ago
Fin24.com | Ramaphosa announces SARS clean-up

President Cyril Ramaphosa has shared his plan to set the country on a new path for growth, employment and transformation at SONA 2018.... read more

 South African Economy6 days ago
Fin24.com | Ramaphosa sounds warning to SOE boards

"Only people with expertise, experience and integrity serve in these vital positions," says President Cyril Ramaphosa.... read more

 South African Economy6 days ago
Fin24.com | Ramaphosa's 10-point plan to revive SA's economy

President Cyril Ramaphosa shares his plan to set the country on a new path for growth, employment and transformation at Sona 2018.... read more

 South African Economy6 days ago
Fin24.com | Ramaphosa: We're going ahead with land expropriation without compensation

The decision to expropriate land without compensation was taken by the ANC at its 54th Congress, where Cyril Ramaphosa was elected ANC President.... read more

 South African Economy6 days ago
Fin24.com | Ramaphosa vows to step up efforts to break Mining Charter impasse

President Cyril Ramaphosa says his government will “intensify engagements with all stakeholders” around the controversial Mining Charter to break an impasse with the industry.... read more

 South African Economy6 days ago
Fin24.com | Gigaba on possible Cabinet reshuffle: No one joined the struggle to be minister

Finance Minister Malusi Gigaba told journalists that it is up to the President to appoint ministers, and that he serves at the pleasure of the President.... read more

 South African Economy6 days ago
Fin24.com | Cut bloated Cabinet in half, Cosatu urges Ramaphosa ahead of SONA

The union federation also said that state-owned enterprises should undergo comprehensive forensic audits.... read more

 South African Economy6 days ago
Fin24.com | Top 5 on Fin24: Public Protector's ABSA bailout report set aside, Eskom's Koko resigns

A roundup of Friday's must-read financial and economic news.... read more

 South African Economy6 days ago