South Africa's current account deficit has widened to R143 billion with a number of implications in the face of a global economic slowdown, soaring commodity prices and an unsavoury United States economy. 21 Feb 2008
Minister of Finance Trevor Manuel, prior to delivering his 2008/09 Budget speech on Wednesday, dismissed doomsday economists worried about the current global economic downturn and insisted that the South African economy will weather any coming storms. 20 Feb 2008
Whilst much of the world is suffering from soaring oil, gold and platinum prices in the midst of a global slow down, Finance Minister Trevor Manuel is confident South Africa will weather the storm. 20 Feb 2008
Education, health, housing and social grants are some of the top priorities the public wanted Finance Minister Trevor Manuel to consider when presenting his Budget Speech on Wednesday. 20 Feb 2008
The Department of Trade and Industry and Old Mutual have launched a fund which will accelerate women's economic empowerment by providing more affordable, usable and responsive finance solutions. 19 Feb 2008
CNN International has announced Zenith Bank as the exclusive sponsor of its popular weekly feature programme, Inside Africa. 19 Feb 2008
For the second consecutive year, the Discovery and SAA credit cards have come out tops in the country's only survey that rates credit-card value. 14 Feb 2008
CheckFree's Remote Deposit Capture system in the United States has some hurdles to clear even though in the long run the technology will be a boon to consumers, said Ed Kountz, a senior analyst with JupiterResearch. However, "over the short term, of course, it allows the consumer to basically deposit a check, as long as you have a scanner, a PC and an Internet connection, and that's certainly a positive." 11 Feb 2008
According to a trio of reports by a leading data, analysis and forecasting company in the UK, money managers may be sleepwalking through a significant market downturn. 7 Feb 2008
Teba Bank has opened its new branch, in Westonaria – and the opening also marked the launch of a new vision as well… to broaden the client base. 6 Feb 2008
The inability to aggregate an organisations' overall risk position allowed a failing of credit risk principles in a relatively small section of the US housing market, to spill into a wider liquidity risk for global wholesale finance markets. This is according to a new report, “The Evolution of Enterprise Risk Management”, by independent market analyst Datamonitor. 6 Feb 2008
The Reserve Bank of Zimbabwe (RBZ) has launched a bid to resuscitate use of international credit cards, saying the country had lost a significant amount of foreign currency after local banks abandoned provision of the service to foreign visitors due to an economic crisis now in its ninth year. 5 Feb 2008
Indebted South Africans can breathe easier for the next two months, as the repo rate remained stable at 11%. 1 Feb 2008
Business Unity South Africa (BUSA) has welcomed the decision by the Reserve Bank to leave interest rates unchanged at this stage. 1 Feb 2008
Daniel Bernard, general manager for Wall Street Journal Online, said the "SeenThis?" feature will be opt-in only, meaning it won't start up unless the viewer expressly asks it to, and users can opt out any time. SeenThis will allow readers to see which Journal stories are popular among that user's Facebook friends. 1 Feb 2008
South Africa's Consumer Price Index excluding mortgage rates (CPIX) has increased by 0.7 of a percentage point to 8.6% on year-on-year for December, according to Statistics South Africa (Stats SA) on Wednesday, 30 January 2008. 30 Jan 2008
A leading South African provider of financial derivatives to retail investors, Global Trader, has announced it is entering into a strategic alliance with Merrill Lynch for the provision of a world-class electronic trading, research and other services platform to South African retail clients of Global Trader. 25 Jan 2008
A new study reveals that a million Australians only make the minimum payment on their credit card each month. 25 Jan 2008
This US study shows how some top performers are adapting to target the lucrative mass affluent market. 24 Jan 2008
The furniture retailer disappears from the JSE after 37 years. 23 Jan 2008
Let's do Biz