South Africa’s growth outlook has been revised downwards to 0.7% in 2018, said National Treasury on Wednesday. [Read more…]
SA provides fertile ground for investment
September 27, 2018 By Leave a Comment
President Cyril Ramaphosa has assured potential investors that South Africa is working hard to provide a conducive environment for investors. [Read more…]
Contributing towards South Africa’s competitiveness
February 9, 2015 By Leave a Comment
South Africa – The Investing in African Mining Indaba is an annual platform that brings more than 7 000 seasoned captains of industry in the mining sector under one roof at the Cape Town Convention Centre. Mining Indaba 2015 is scheduled to take place from 9 – 12 February. The event comprises an exhibition, conferences, meetings, on-site and offsite events wherein strategic investment discussions are held between industry, investors and governments. [Read more…]
Moodys downgrades SA
November 7, 2014 By Leave a Comment
Credit rating agency Moodys Investors Service has downgraded South Africa’s credit rating one notch from Baa1 to Baa2, while also revising the credit outlook from negative to stable, said National Treasury. [Read more…]
SARB disputes downgrade of Capitec Bank
August 18, 2014 By Leave a Comment
The South African Reserve Bank (SARB) says while it has taken note of rating agency Moody’s decision to downgrade Capitec Bank Limited, it does not agree with the decision. [Read more…]
Automotive sector moves up a gear
July 9, 2014 By Leave a Comment
President Jacob Zuma is expected to launch the First Automotive Works (FAW) South Africa assembly plant in the Eastern Cape on Thursday. [Read more…]
SARB fines country’s big banks
April 17, 2014 By Leave a Comment
South African Reserve Bank
The South African Reserve Bank (SARB) has fined the country’s big four banks R125 million collectively, it said on Wednesday. [Read more…]
SA to diversify reserves
November 6, 2013 By Leave a Comment
South Africa’s Reserve Bank is set to invest in currencies such as the Korean Won, Australian Dollar and the New Zealand Dollar. [Read more…]
Transnet credit rating upgraded
October 31, 2013 By Leave a Comment
Transnet’s credit rating has been upgraded to ‘BBB’, with the upgrade affirming the state utility’s ability to raise funds without a government guarantee. [Read more…]
Scrap metal decision welcomed
October 29, 2013 By Leave a Comment
Economic Development Minister Ebrahim Patel has welcomed the judgement of the North Gauteng High Court to dismiss an application to interdict the implementation of government’s new scrap metal export regulations. [Read more…]
