FIN 24 – Economy News

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Fin24 Economy

The Zimbabwean government has denied reports that it is targeting white-owned farms in land seizures.
Posted: July 3, 2020, 5:10 pm
Labour Minister Thulas Nxesi has vowed to crack down on fraudulent Covid-19 relief claims, warning that forensic audits will be applied if needed and the Hawks are standing by.
Posted: July 3, 2020, 3:32 pm
Last month High Court in Pretoria dismissed FITA's initial challenge to overturn the ban on the sale of tobacco and cigarettes.
Posted: July 3, 2020, 2:01 pm
The US Justice Department issued a warrant Thursday to seize the cargoes of four tankers carrying Iranian oil to Venezuela.
Posted: July 2, 2020, 7:27 pm
Nersa's Nhlanhla Gumede says, due to the arrival of Covid-19, Eskom's projected sales might not often be realised.
Posted: July 2, 2020, 7:17 pm
National Energy Regulator of South Africa's Nhlanhla Gumede said the energy regulator conceded to procedural unfairness during the process.
Posted: July 2, 2020, 3:35 pm
Jeff Bezos’s wealth has soared to $171.6 billion, topping his pre-divorce record.
Posted: July 2, 2020, 3:35 pm
The share price of one of Africa’s oldest insurers is taking center stage in Zimbabwe’s battle to bring order to its chaotic foreign-exchange system.
Posted: July 2, 2020, 7:09 am
Continued governance and financial failures mean some municipalities meant to fight Covid-19 on the frontline cannot stop irregular spend, collect revenue, or deliver services.
Posted: July 2, 2020, 6:11 am
Refusing to accept Zim dollar and bond notes as payment for goods has landed 102 Zimbabwean business owners and retail employees in trouble.
Posted: July 1, 2020, 5:55 pm
Signatories of an open letter to Parliament's finance committee have asked for a rejection of the adjusted budget.
Posted: July 1, 2020, 5:19 pm
The annualised drop in gross domestic product is forecast at 32.6% for the three months through June from the previous quarter, the Reserve Bank said in response to a query.
Posted: July 1, 2020, 2:21 pm
Governance and financial failures at municipalities have left them open to disaster as the Covid-19 pandemic cuts into their revenue collections, warns the auditor general.
Posted: July 1, 2020, 1:06 pm
Zimbabwe's largest nurses’ union says its members are now incapacitated and would be unable to attend work.
Posted: July 1, 2020, 8:42 am
The planned fiscal consolidation would require raising an additional R40 billion in tax revenue over the next four years.
Posted: July 1, 2020, 6:45 am
Economists said the GDP figures showed that South Africa did not move fast enough to diversify the economy or address energy challenges before Covid-19.
Posted: July 1, 2020, 5:00 am
After Tuesday's foreign currency auction, the Zimbabwe dollar has further depreciated to Z$63.74 to the US dollar from $57.36 last week.
Posted: June 30, 2020, 7:58 pm
Judith February explains her uproar over the salary increase of Wesgro CEO Tim Harris, while the chair of the board resigns, claiming "undue meddling" by a provincial minister.
Posted: June 30, 2020, 3:48 pm
South Africa's economic prospects do not look rosy after another quarterly contraction, but state owned business support agencies are banking on innovative youths to bail SA out.
Posted: June 30, 2020, 2:45 pm
South African Motorists will again be paying R1.72 per litre more for the most popular grade of petrol from Wednesday
Posted: June 30, 2020, 10:31 am
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