Recent Posts

  • Fin24.com | Give national minimum wage a chance – Treasury

    Cape Town – The current proposed national wage formula is different from the data set National Treasury used to develop its initial calculations on the impact of the policy on jobs and the economy, and the policy should be given a chance in its current form.  This is according to National Treasury, amid much speculation regarding how the national minimum […]

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  • Fin24.com | Economic ministers mull over fuel price issue

    Cape Town – Cabinet‘s economic cluster is considering allowing National Treasury‘s expert panel on zero-rated VAT items to expand the scope of its work to include reviewing the recent fuel price hikes. This emerged on Thursday evening as the latest in a number of interventions President Cyril Ramaphosa directed Cabinet to consider in order to alleviate the impact of price […]

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  • Fin24.com | Copper‘s collapse deepens as Trump escalates spat with China

    Copper’s flashing a powerful warning about expectations for global growth as the trade war between the world’s two biggest economies escalates. Prices have lost more than $1 000 a metric ton since touching a four-year high on June 7 in the steepest four-week loss since 2011. Copper fell with most metals Friday as US president Donald Trump slapped tariffs on […]

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  • Fin24.com | Eskom raises wage offer to 7% – NUM

    Eskom raised its wage-increase offer to 7% for 2018, the National Union of Mineworkers has said. The power utility offered an increase of 6% for the second and third years, NUM spokesperson Livhuwani Mammburu said in a text message on Friday. Earlier, Eskom had offered to increase pay in the first year of a three-year deal by 6.7% after a […]

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  • Fin24.com | Land expropriation plans to exclude black-owned land – Mkhize

    South Africa’s push for the right to seize land without compensation won’t target property that belongs to black citizens or is controlled by traditional leaders, according to Zweli Mkhize, the minister of cooperative governance and traditional affairs. Lawmakers started a process to change the constitution to allow for expropriation without compensation in February after the ruling party decided last year […]

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  • Fin24.com | Discovery‘s profits point to ‘competitive advantage‘, not market failure – CEO

    Discovery Health‘s profitability is a result of its competitive advantage, not a market advantage, says its CEO, Jonathan Broomberg. The company has issued a statement on the Health Market Inquiry‘s findings, which were released on Thursday after four years. The inquiry began in 2014 as a result of increasing prices in the private healthcare sector. According to its report, features […]

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  • Sport24.co.za | 3 Super Rugby franchises the way forward for SA

    The only future for a healthier and stronger South African Super Rugby presence is to reduce the number of participating teams from four to three. This would free up one of the top four teams to play in the PRO14 and also ensure that Super Rugby can revert to a single round league structure. The tournament, be it 18 or […]

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