Transnet key to unlocking SA growth: Stanlib

[Ntsakisi Maswanganyi] State-owned transport and logistics company Transnet has the potential to unlock the country's growth potential, Kevin Lings, Stanlib chief economist says. 8 Mar 2012 06:17

'Investors want state to deliver before unlocking savings'

Government needs to prove that it can spend on infrastructure before the private sector will invest in new build projects, Standard Bank chief economist Goolam Balim said in reaction to yesterday's budget speech. He said the private sector was sitting with billions in corporate savings. 23 Feb 2012 11:18

Mining companies wait for tax change details

[Jacqueline Mackenzie] Industry experts are divided about whether mining companies can expect any major changes to their tax requirements in Finance Minister Pravin Gordhan's annual budget today. 22 Feb 2012 09:37

Transnet confident it can finance R200bn itself

Transnet will borrow at least R100bn to finance its capital expenditure plans and News24 says that it will spend at least R300bn over the next seven years on major expansion and improvement of the railways network. 22 Feb 2012 07:38

Absa's helping hand to entrepreneurs

Absa has launched an enterprise development group and Business Report says this unit will focus on emerging enterprises, entrepreneurs and job creation. The new unit is a sub-section of Absa's Business Markets. 22 Feb 2012 07:32

State has the money to fund infrastructure - Gordhan

South Africa has the money to spend on the infrastructure projects in the five regions outlined by President Jacob Zuma in his State of the Nation Address, the Minister of Finance Pravin Gordhan has said. 10 Feb 2012 12:29

SONA in a nutshell

Union and business representatives have welcomed President Jacob Zuma's State of the Nation address to Parliament and, while the speech was held by some observers to be uninspiring it contained a lot of detail about the government's plans to boost jobs and invest in infrastructure. 10 Feb 2012 10:06

Transnet delay costs SA billions: DA

The DA has accused the Transnet National Ports Authority (TNPA) of "dragging its feet" and losing out on potentially billions of rands from Africa's lucrative west coast gas and oil-platform repair business. 6 Feb 2012 07:21

Manufacturing to boost GDP on resurgent PMI

Although most economists are downgrading their 2012 SA gross domestic product (GDP) forecasts, a resurgent seasonally adjusted Kagiso Purchasing Managers' Index (PMI) in January could mean a revising of forecasts upwards in coming months as production finally catches up with strong consumer demand. 2 Feb 2012 10:12

Business confidence up but tough times ahead

Business Day suggests that the economic outlook is more positive for the coming year for most businesses based on the latest Business Confidence Index released by the South African Chamber of Commerce and Industry (Sacci). 11 Jan 2012 11:33

BUSA predicts 3% GDP growth in 2012

Business Unity South Africa (BUSA) says it expects South Africa's economy to grow by 3% in 2012. 8 Dec 2011 08:44

Reserve Bank sounds warning on inflation

The South African Reserve Bank views risks to the country's inflation projections as being skewed slightly to the upside. 23 Nov 2011 13:20

Loans - South Africa needs more and more

Business Live reports that finance minister Pravin Gordhan has asked the World Bank to make more money available to South Africa so that various renewable energy projects can get underway quickly. 22 Nov 2011 07:36

African Bank profits up

Business Day says that African Bank Investments (Abil) has reported a 24% increase in headline earnings to almost R2,34 billion for the year to September, up from R1,89 billion for the same period last year. 22 Nov 2011 07:27