FIN 24 – Economy News

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Fin24 Economy

Employment figures released by Statistics South Africa reflect the largest decline in jobs between the second and first quarters since 2008.
Posted: September 29, 2020, 6:18 pm
While SA's official 'narrow' unemployment rate fell, an expanded definition of joblessness - which includes people discourage from seeking work, rose.
Posted: September 29, 2020, 4:55 pm
Eskom has not warned of any load shedding related to the protests, and it expects the national grid to remain stable.
Posted: September 29, 2020, 3:10 pm
The businessman and former Denel chairperson died at Milpark hospital following a short illness.
Posted: September 29, 2020, 12:21 pm
South Africa plans to tap global appetite for green bonds to help fund an infrastructure programme worth as much as R2.3 trillion over the next decade.
Posted: September 29, 2020, 8:05 am
Zimbabwe’s two-decade economic collapse is touching new lows with inflation at more than 750% and the country’s currency collapsing.
Posted: September 28, 2020, 6:21 pm
Revelations that Donald Trump paid just $750 in federal income tax the year he entered the White House served to raise doubts about Trump’s self-image as a shrewd businessman.
Posted: September 28, 2020, 6:11 pm
The new plan will focus on collaboration in areas including higher education, skills transfer, health, the digital economy, science and technology.
Posted: September 28, 2020, 5:55 pm
Protesting workers take issue with the decision to remove businesses that served as labour brokers. Rotek Industries is an energy maintenance support division at Eskom.
Posted: September 28, 2020, 2:59 pm
The index points to a belief by respondents that property will maintain its value or at least have less value eroded in the long term.
Posted: September 28, 2020, 2:09 pm
SA's annual producer price inflation had dipped during SA's stringent lockdown earlier in the year.
Posted: September 28, 2020, 11:19 am
After a week of far-reaching climate promises measured over decades, four of the world’s six largest economies have now proposed ending dates for their carbon emissions.
Posted: September 27, 2020, 7:06 am
The Risk Mitigation Independent Power Producer Procurement Programme seeks to respond to short-term power supply gaps identified in the Integrated Resource Plan.
Posted: September 26, 2020, 7:20 pm
Eskom says Maluti-a-Phofung has not paid a cent of its R5.4 billion electricity debt, but is paying its other debt obligations.
Posted: September 26, 2020, 4:01 pm
The number of Americans filing new claims for unemployment benefits unexpectedly increased last week. Could economic recovery from Covid-19 be running out of steam?
Posted: September 26, 2020, 2:01 pm
Data indicates that women-owned businesses present a lower statistical risk for business financiers, says the area manager at SME finance company Business Partners.
Posted: September 26, 2020, 11:00 am
Facebook's long-delayed independent Oversight Board plans to launch in mid-late October, just before the November US presidential election, although a board member said he did not know whether it would hear cases related to the contest.
Posted: September 25, 2020, 5:56 pm
Boeing's 737 MAX could be flying passengers again by the end of the year, according to the EU's aviation safety regulator.
Posted: September 25, 2020, 4:59 pm
The utility has warned that without higher tariffs it won't be able to properly maintain its ailing infrastructure in Zimbabwe.
Posted: September 25, 2020, 1:47 pm
An online survey of South African women conducted by Sanlam has found that 72% consider themselves to be living in "survival mode".
Posted: September 25, 2020, 11:33 am
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