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LATEST Economy  

October credit growth edges up

30 Nov 2015 /  Stella Mapenzauswa, Reuters  
Up 8.87% year-on-year.

South Africa looks set to inch closer to junk

30 Nov 2015 /  Rene Vollgraaff and Sarina Yoo, Bloomberg   5
As credit-rating reviews loom.

Spotlight on expenditure as SA budget comes under strain

27 Nov 2015 /  Stella Mapenzauswa, Reuters  
Opposition says public wage bill a drain on resources.

Debt burden among South Africans ‘time bomb’ for country

26 Nov 2015 /  Renee Bonorchis, Bloomberg   2
'Indebtedness is driving a lot of instability in our society,' Momoniat says.

Q4 business confidence at lowest in five years

26 Nov 2015 /  Stella Mapenzauswa, Reuters  
As economy continues to struggle.

October producer inflation rises

26 Nov 2015 /  Reuters  
Up 4.2% year-on-year.

South Africa faces food-price shock

26 Nov 2015 /  Andre Janse van Vuuren, Bloomberg  
As rand adds to drought woes.

Karoo fracking likely to go ahead despite weak oil prices

26 Nov 2015 /  Prinesha Naidoo   1
Economic viability depends on longer term oil price.

More interest rate hikes to come

26 Nov 2015 /  Patrick Cairns  
But the cycle will be shallow.

SA mulls introducing covered bonds within three years

25 Nov 2015 /  Xola Potelwa, Bloomberg  
The securities were previously banned by Sarb on concerns they may undermine the interests of depositors.

Take-home pay drops in October

25 Nov 2015 /  Sungula Nkabinde  
BankservAfrica index shows real disposable income declined owing to a high base in 2014.

South Africa needs a ‘Modi moment’

20 Nov 2015 /  Patrick Cairns   7
A dramatical political shift needed to implement reforms.

Sarb’s MPC increases interest rates

19 Nov 2015 /  Moneyweb   9
GDP forecast revised down in 2015 and 2016, unchanged for 2017. Property industry warns of strain on housing market.

SA rate bets pared in policy meeting too close to call

19 Nov 2015 /  Rene Vollgraaff, Bloomberg  
Of the 26 economists surveyed, 16 predict the rate will stay unchanged, while the rest expect a quarter-point increase.

September retail sales up y/y

18 Nov 2015 /  Nqobile Dludla, Reuters  
Consumers to remain cautious of spending on non-essential items - Nedbank.

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