HomeHome SearchSearch MenuMenu Our productsOur products

Economy

  • After a slight wobble, the rand strengthens for a second day
  • On Monday, President Jacob Zuma named the replacement for outgoing Reserve Bank governor Gill Marcus. The rand reacted favourably to his choice. A slightly weaker dollar and an improvement in business confidence also helped the rand hold its ground. Let's take a closer look at what's going on with the local currency… The rand had another stable day Yesterday, the rand continued to... ››› more
  • [08 October 2014]
  • Business confidence creeps slightly higher in September
  • Yesterday, the South African Chamber for Commerce and Industry (SACCI) released its business confidence data for September. For the second month in a row, the SACCI reported a slight rise in business confidence. Let's take a closer look at what the data showed… Business confidence is stabilising The SACCI’s business confidence index (BCI) “nudged up 0.2 points to 89.2 in Sept... ››› more
  • [08 October 2014]
  • The IMF cuts South Africa's economic growth forecast again
  • Yesterday, the International Monetary Fund (IMF) released its World Economic Outlook report, a quarterly publication. Yet again, the IMF downgraded expected economic growth in South Africa. It cited many issues holding economic expansion back. Looking slightly further afield, Sub-Saharan Africa is looking solid. But the Ebola virus could put a stop to that. Let's take a closer look at wha... ››› more
  • [08 October 2014]
  • US stocks and the dollar soar on the back of positive jobs data
  • Earlier today, the US Department of Labour released its non-farm payroll data covering September. As economists expected, the data surprised to the upside. The stock markets in the US and the greenback strengthened on the news. Let's take a closer look… The number of new jobs rose 33,000 more than expected Last month, employers in the US “stepped up hiring,” reports Fin24. ... ››› more
  • [03 October 2014]
  • PMI rises for the third month in a row
  • Earlier today, HSBC released its purchasing managers' index (PMI) for September. The index again showed a rise in business activity. Helping the key economic indicator is the platinum mining sector getting back into full production following a five-month long strike. Let's take a closer look at what the data showed… PMI came in at 52.6 for September The HSBC PMI showed a rise “t... ››› more
  • [03 October 2014]
  • The rand continues to struggle and an improvement doesn't look likely
  • After scraping back some of its losses, the rand is on the back foot again. The local currency has weakened again this morning following the release of consumer confidence data. This showed that confidence is waning. A reflection of the current economic climate in South Africa. With the US releasing its non-farm payrolls later today, the dollar could put further pressure on the rand. Let'... ››› more
  • [03 October 2014]
  • The rand finally claws back some losses against the dollar
  • After an abysmal couple of weeks, the rand managed to strengthen slightly this morning. The local currency has been trending lower as the dollar has been gaining ground. A worse than anticipated trade deficit sent the rand reeling earlier on in the week. Let's take a closer look at why the rand is looking a bit stronger… The rand has bounced back against the greenback The rand exp... ››› more
  • [02 October 2014]
  • Public health workers' union demands a 15% pay rise
  • The National Education Health and Allied Workers Union (NEHAWU) is demanding a substantial pay hike and a housing allowance. The union says it plans to begin a number of protest marches this week as it claims the public health service is in crisis. Let's take a closer look at what's going on… NEHAWU will begin protest marches this week With about 280,000 members, the NEHAWU says i... ››› more
  • [01 October 2014]
  • A wider than expected trade deficit sends the rand weaker through 11.30/$
  • Yesterday, SARS released its trade data for August. The deficit came out over double what economists forecast. The rand, which has been under severe strain, weakened on the news. It hit fresh eight-month lows. Let's take a closer look at what's going on… The trade deficit ballooned to R16.3 billion The trade deficit in August “more than doubled to R16.3 billion,” reports Fin24... ››› more
  • [01 October 2014]
  • Despite South Africa's economy struggling, employment rises over the second quarter
  • Yesterday, Stats SA released its Quarterly Employment Statistics report for June. The report showed a rise in employment in the formal sector. But the report also revealed job losses in certain key sectors. Let's take a closer look at what the report revealed… Employment grew 1.8% over the second quarter From April to June, the Quarterly Employment Statistics report showed “an o... ››› more
  • [30 September 2014]
  • The rand kicks off the week knocking at 11.30/$
  • The rand's rout continues. After a horrendous time of it last week, it's not looking much better for the local currency. The dollar continues to strengthen pulling the rand down. So what is causing the dollar to continue its rally, hurting the rand along with it? Let's take a closer look… The rand continues to feel the pressure of a strong dollar Yesterday, the rand hit a “fr... ››› more
  • [30 September 2014]
  • The rand ends the week at 11.23/$ as the greenback takes a boost stronger
  • The rand ended an abysmal week trading near an eight month low. The local currency is falling victim to the strength of the dollar. New data out of the US on Friday took the greenback stronger yet again. Let's take a closer look at what's going on… The rand tumbles to an eight-month low The rand took another pounding on Friday after enduring a week of “heavy selling pressure,”... ››› more
  • [29 September 2014]
  • Come next Wednesday, diesel prices will drop, but the petrol price is up and down
  • Earlier today, the Department of Energy announced the changes to the petrol and diesel prices. After a dramatic drop in the petrol price at the start of this month, things aren't looking just so good for October. Let's take a closer look at what's going on… What’s in store for the petrol price? The Department of Energy says the petrol price will change depending on the grade nex... ››› more
  • [26 September 2014]


Page: « 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 »



Watch And Learn




Trending Topics