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LATEST Economy  

Rand hits seven-month high ahead of Mboweni’s medium-term budget

27 Oct 2020 /  Suren Naidoo   7
Currency firms to best level against the US dollar since Covid-19 lockdown.

World Bank talks with SA stall over SOE bailouts

27 Oct 2020 /  Antony Sguazzin   4
Bank will only comment if an agreement's reached.

How the virus worsened SA’s debt woes

27 Oct 2020 /  Prinesha Naidoo, Bloomberg    5
Charts that show how South Africa hasn’t managed to contain liabilities since the shock of the global financial crisis.

Why the JSE is walking backwards compared with offshore markets

27 Oct 2020 /  Ciaran Ryan   29
Convert its returns into US dollars and it looks miserable.

Covid-19 vs the financial crisis: Why the bank bad debts can’t be compared

27 Oct 2020 /  Hilton Tarrant   3
And how banks decide which loans to write off …

Automotive industry investment in SA set to decline

27 Oct 2020 /  Roy Cokayne   4
Recovery linked to global GDP growth and a rebound in export markets.

Wealth tax should not be an option

26 Oct 2020 /  Larry Claasen   33
Could result in 'tax migration.'

Derby punts Transnet dividend payouts and zero-based budgeting

26 Oct 2020 /  Suren Naidoo   10
Lifestyle audits and concession opportunities for the private sector also set to feature in unprecedented overhaul of the group.

World economy gets temperature check before US vote

25 Oct 2020 /  Craig Stirling, Bloomberg  
'The week ahead is set to bring good news about the past, bad news about the future - Tom Orlik, chief economist.

Unresolved public sector wage bill clouds MTBPS

24 Oct 2020 /  Nazmeera Moola   20
But detail needed on other spending cuts.

Transnet posts revenue increase, profit

23 Oct 2020 /  Suren Naidoo   7
On the back of higher tariffs.

Prices of new vehicles increase by more than inflation, again

23 Oct 2020 /  Roy Cokayne   18
And could continue to rise in the coming months.

Nedbank slashes SA job losses forecast from 1.6m to 500 000

23 Oct 2020 /  Suren Naidoo   17
Less pessimistic 2020 prediction comes as the economy is now at its lowest Covid-19 lockdown level.

SA’s Q3 rebound not enough to trim budget deficits – poll

22 Oct 2020 /  Vuyani Ndaba, Reuters  
The poll saw the deficit narrowing to 10.0% of GDP next year and then to 9.0% in financial year 2022/23.

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