IOL Nhlanhla Nene budget 3
INDEPENDENT MEDIA

Nene: It’s not austerity, but...

The medium-term budget brings another round of cuts in government spending and hints of big tax increases next year.

Read Story

African BankThornTree
Independent Newspapers

African Bank may not need state guarantee

The South African Reserve Bank may have no need to draw on a 7 billion-rand guarantee the government provided for African Bank Investments Ltd’s curatorship, F... Read Story

Nhanhla_Nene
Independent Newspapers

SA to sacrifice growth to avoid ‘debt trap’

South Africa will sacrifice economic expansion in the next two years by limiting spending growth and raising more taxes as it seeks to avoid a debt trap.

Read Story

Browse Business Report

Items 1 - 10 of 360

African Bank may not need state guarantee
October 22 2014 at 17:07

The South African Reserve Bank may have no need to draw on a 7 billion-rand guarantee the government provided for African Bank Investments Ltd’s curatorship, Finance Minister Nhlanhla Nene said.

Read Story
0 comments

SA to sacrifice growth to avoid ‘debt trap’
October 22 2014 at 17:03

South Africa will sacrifice economic expansion in the next two years by limiting spending growth and raising more taxes as it seeks to avoid a debt trap.

Read Story
0 comments

Vodacom, Telkom fall on state sale plan
October 22 2014 at 16:56

Vodacom and Telkom fell after the government initiated a plan to sell listed assets to help rescue state-utility Eskom.

Read Story
0 comments

SA allocates R33m to combat Ebola
October 22 2014 at 16:50

South Africa will set aside 32.6 million rand to combat the spread of Ebola.

Read Story
0 comments

GSK announces big cost cuts
October 22 2014 at 16:21

GlaxoSmithKline will slash its costs by £1.0 billion (R18 billion) after posting slumping quarterly profits because of poor US sales, the British pharmaceutical giant said.

Read Story
0 comments

PAC: Budget speech lacks direction
October 22 2014 at 16:16

The mid-term budget speech delivered by Finance Minister Nhlanhla Nene lacks direction, the PAC said.

Read Story
0 comments

‘Huge jobs losses in ICT sector’
October 22 2014 at 16:11

The ongoing restructuring in the information and communications technology industry puts employees under immense pressure.

Read Story
0 comments

SA slashes growth forecasts
October 22 2014 at 14:43

South Africa slashed its 2014 growth expectations for the second time this year.

Read Story
0 comments

SA's medium term budget highlights
October 22 2014 at 14:49

Economic growth estimate is cut to 1.4 percent for 2014, down from 1.9 percent in 2013.

Read Story
0 comments

Nene: African Bank to re-list next year
October 22 2014 at 14:54

ailed South African lender African Bank Investments (Abil) is likely to re-list on the stock exchange early next year

Read Story
0 comments

Items 1 - 10 of 360