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Black Friday provides boost for SA retail sales

Black Friday provides boost for SA retail sales

Following a short-lived boost, retail sales may slow down in the first half of 2017 because of increased consumer pressures in the coming months, say analysts.

Finance - By News24Wire | 18 January, 2017
6 top South African stock picks for 2017

6 top South African stock picks for 2017

Finding value on the Johannesburg Stock Exchange (JSE) is becoming increasingly tricky as companies will continue to navigate through a period of slow economic growth in 2017.

Finance - By Staff Writer | 18 January, 2017
Consumer inflation rises to 6.8% in December

Consumer inflation rises to 6.8% in December

Statistics South Africa has recorded a 6.8% year-on-year increase in the Headline consumer price index in the month of December.

Finance - By Staff Writer | 18 January, 2017
Bank to fight court bid after consumers complain of debt set-off

Bank to fight court bid after consumers complain of debt set-off

Standard Bank will oppose a court bid by the National Credit Regulator (NCR), which wants a court to order that the common law set-off has been superseded by section 124 of the National Credit Act (NCA).

Finance - By News24Wire | 18 January, 2017
5 things you need to know in South Africa today

5 things you need to know in South Africa today

A leaked report from the SABC ad-hoc committee says it wants to claw back R5 billion from the broadcaster; a key witness in the Absa apartheid-era state looting report says he was misquoted; and some South Africans want Steve Hofmeyr to talk to Donald Trump about white genocide in SA.

Business, Finance, Media - By Staff Writer | 18 January, 2017
Reserve Bank Governor on what Trump means for South Africa

Reserve Bank Governor on what Trump means for South Africa

Reserve Bank Governor Lesetja Kganyago has indicated what Donald Trump’s inauguration and subsequent presidency could mean for South Africa.

Finance - By Staff Writer | 17 January, 2017
What we can expect from the South African property market over the next two years

What we can expect from the South African property market over the next two years

A weak macroeconomic environment, still-high household indebtedness, and rising interest rates burden the South African housing market, says S&P Global Ratings.

Finance - By Staff Writer | 17 January, 2017
Government is paying out R3 billion to cover 10 years’ worth of blown budgets

Government is paying out R3 billion to cover 10 years’ worth of blown budgets

The new Finance Act signed off by president Jacob Zuma last week is allowing the government to reclaim almost R3 billion from the National Revenue Fund, by authorising previously unauthorised expenditure by state departments.

Finance - By Staff Writer | 17 January, 2017
5 things you need to know in South Africa today

5 things you need to know in South Africa today

Zuma is considering appointing Dlamini-Zuma to cabinet when she leaves the AU at the end of January; Ford’s Kuga recall will be in two phases; Thuli Madonsela weighs in on the Absa state looting report; and the ‘Gupta Bank’ still has one more hurdle – Pravin Gordhan.

Business, Finance, Government - By Staff Writer | 17 January, 2017
Big medical aid changes are coming sooner than you think

Big medical aid changes are coming sooner than you think

The Council for Medical Schemes has announced plans to review the prescribed minimum benefits offered to policy holders, in order to bring it in line with the upcoming National Health Insurance legislation.

Finance - By Staff Writer | 16 January, 2017
5 things you need to know in South Africa today

5 things you need to know in South Africa today

The public protector’s order that Absa pay back R2.25 billion is tied to a report compiled by British spies; three of the ANC’s top six show opposition to Zuma; a new report shows Ford was warned as far back as 2014 that its Kugas were a problem; and Eskom gets ready to cut power to municipalities in debt.

Energy, Finance, Government - By Staff Writer | 16 January, 2017
Why it makes no sense to build your own home in South Africa right now

Why it makes no sense to build your own home in South Africa right now

The home-building sector has entered a serious decline in past years, resulting in buying a home being a much better option than building one .

Finance - By Staff Writer | 14 January, 2017
5 things you need to know in South Africa today

5 things you need to know in South Africa today

Zuma says there’s no tradition of deputies becoming presidents, and thinks its time for a woman to lead South Africa; a trial ‘missing middle’ student funding scheme would see SARS take money back once students start working; and FNB clients are fighting back after losing valuables in two heists.

Banking, Finance, Government - By Staff Writer | 13 January, 2017
The rand could lose over 10% of its value by the end of 2017

The rand could lose over 10% of its value by the end of 2017

While the South African rand may not be the most volatile currency in the world anymore (for now) – the outlook for 2017 does not look very bright.

Finance - By Staff Writer | 12 January, 2017
The 20 best-performing asset managers in South Africa

The 20 best-performing asset managers in South Africa

Investment research firm, Morningstar, has released its latest analysis of South African asset managers, detailing which of the country’s top fund managers have delivered the best returns.

Finance - By Staff Writer | 12 January, 2017
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