Zimbabwe's economy is on the mend as the worst is over, the country's finance minister said in a bid to assure investors in South Africa that its neighbour was "not a basket case".
24 Nov 2014 08:44
The International Accounting Standards Board recently released a new accounting standard for financial instruments. The new standard is expected to have a significant impact on how entities classify and measure financial instruments. It includes a new approach to impairment, as well as a fundamentally revised method of hedge accounting.
24 Nov 2014 08:40
A week after professional services firm EY warned that South Africa needed to quicken its alignment with trading blocs in Africa to benefit from investment interest, Ford Motor Company South Africa CEO Jeffrey Nemeth and US under-secretary for economic growth, energy and the environment Catherine Novelli reiterated that competitor trading bloc development around the world was accelerating.
By Brendan Peacock 24 Nov 2014 08:26
Speaking at the closing plenary of the International Union for Conservation of Nature (IUCN) 6th World Parks Congress, the Deputy Minister of Environmental Affairs, Barbara Thomson, has recommitted South Africa to the development of the ocean and wildlife economies.
24 Nov 2014 07:28
Professor Franklin Allen, widely regarded as one of the world's foremost experts on financial contagion, will be taking part in a financial forum at the University of Cape Town (UCT) on 2 December 2014.
24 Nov 2014 07:17
South Africans are frequently criticised for being notoriously bad savers. This label is borne out by a recent study which shows that only 20% of South Africans have any kind of formal savings with a recognised financial institution.
By René Grobler 24 Nov 2014 06:56
Nedbank hosted its annual Staff Community Builders Awards on Thursday at RoomFive in Rivonia, Johannesburg, with the purpose of recognising its employees for being active citizens.
21 Nov 2014 14:15
South Africa is currently in deep deliberation on how to create tomorrow's legacy in comprehensive social security. While policy-makers pursue sustainable retirement reform, this does not preclude the citizens of South Africa from addressing their own retirement needs. Personal financial planning should continue regardless, to ensure that saving towards retirement remains a personal contribution that citizens are willing to make towards their golden years.
Following yesterday's announcement by the South African Reserve Bank, rates will remain unchanged for this quarter, which means that the prime lending rate is still 9.25%.
21 Nov 2014 11:00
The repo rate will remain unchanged at 5.75%, new Reserve Bank Governor Lesetja Kganyago said on Thursday...
21 Nov 2014 08:13
PRETORIA: The Department of Trade and Industry (dti) is finalising the regulations of Special Economic Zones (SEZs), Rural Development and Land Reform Minister Gugile Nkwinti said.
21 Nov 2014 07:40
In draft regulations on tax-free savings accounts‚ due to apply from March next year‚ the Treasury says products with performance fees will not qualify...
21 Nov 2014 07:39
PRETORIA: International Relations and Cooperation Minister Maite Nkoana-Mashabane says it is essential for South Africa and Botswana to pay particular attention to growing economic ties and investments as these will form a firm foundation for mutual benefits.
21 Nov 2014 07:14