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LATEST Economy  

Back to square one: when big economies will hit pre-virus GDP

27 Jan 2021 /  Ben Holland and Alex Tanzi, Bloomberg  
South Africans may have to wait until 2023 -- or even longer.

R1.2bn Tourism Equity Fund launched to bolster transformation

27 Jan 2021 /  Suren Naidoo   35
New funding source for black-owned small businesses and entrepreneurs in an industry hard-hit by Covid-19.

Rising debt, the fiscal deficit, and taxes

27 Jan 2021 /  Barbara Curson   10
Will government, in desperation, introduce a wealth tax? A look at the backdrop against which the idea is being contemplated and the likely unintended consequences.

US suffers sharpest rise in poverty rate in more than 50 years

26 Jan 2021 /  Alex Tanzi and Catarina Saraiva, Bloomberg   3
Millions more Americans to be classified as poor in 2020.

Level 3 restrictions will cost one in 12 South Africans their jobs

26 Jan 2021 /  Mike Schüssler and Phumlani Majozi   44
An analysis of the impact of the lockdown measures.

Expect a lower tax shortfall – HSBC

26 Jan 2021 /  Larry Claasen   5
But the economic outlook remains tough.

SA’s widening budget gap may drive up tax targets

22 Jan 2021 /  Prinesha Naidoo and Sarina Yoo, Bloomberg   1
As its budget shortfall is set to breach wartime levels for a second consecutive year.

LIVE ARCHIVE: Reserve Bank holds interest rates

21 Jan 2021 /  Footage: Courtesy of SA Reserve Bank  
Watch or read Sarb governor Lesetja Kganyago's full statement and commentary.

Sarb may surprise with a rate cut, says FNB’s property economist

21 Jan 2021 /  Suren Naidoo   3
But the question is whether it will do it now or after SA’s main budget in February.

SA wealth tax could raise R160bn: study

20 Jan 2021 /  Antony Sguazzin   80
World Inequality Lab proposes range of taxes on net wealth of above R3.82m.

Reinstate UIF Ters or reverse Level 3 restrictions, says TBCSA

20 Jan 2021 /  Suren Naidoo   15
Chorus to save embattled hospitality industry grows.

Difficult year ahead for SA – BNP Paribas

19 Jan 2021 /  Larry Claasen   6
But local bonds are an attractive investment.

Petrol at R15 per litre – or R20?

18 Jan 2021 /  Adriaan Kruger   8
Take your pick from several oil price and exchange rate forecasts.

Wall Street visionaries provide chilling views on next big risk

17 Jan 2021 /  Sonali Basak, Bloomberg   15
Mass unemployment will weigh on the global economy.
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