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Property Sector backs South African Economy with R191.4 billion

A new study reveals that the property sector contributes R191.4 billion to the South African economy, according to Property Sector Charter Council, which aims to ensure industry stakeholders understand the Impact of sector at large. ... Full story

Reserve Bank retains repo rate at 5,5%

South Africa's Reserve Bank (SARB) Governor, Gill Marcus has just announced that the Repo rate will be maintained at 5.5% per annum. ... Full story

SARB keeps Repo rate untouched at 5.5%

South Africa's Reserve Bank Governor, Gill Marcus left interest rates unchanged at 5.5 percent, saying the economic growth outlook remained subdued although risks to inflation were on the upside. ... Full story

Full text of SA's National Budget Speech 2014

Read full text of Finance Minister Pravin Gordhan's national budget speech 2014, presented in the National Assembly, Cape Town on Wednesday, 26 February. ... Full story

Gordhan pledges hope and radical economic change

Finance Minister Pravin Gordhan on Wednesday encouraged South African's to work together to radically change the economy. ... Full story

Budget 2014 tackles irregularity in SA’s Property Industry

Tabling the 2014 budget in the National Assembly, Finance Minister Pravin Gordhan said an initiative undertaken jointly with the public works department to review the validity and cost effectiveness of all government property leases had exposed several deficiencies. ... Full story

2014 Budget Focus on Industrial Incentives

According to the 2014 Estimates of National Expenditure, tabled by Finance Minister Pravin Gordhan on Wednesday, incentive development and administration will make up well over half of its total budget. ... Full story

Highlights of the National Budget Speech 2014

Highlights of the South African National Budget Speech 2014-15 delivered by Minister of Finance, Pravin Gordhan to Parliament on February 26th, Cape Town. ... Full story

Focus on Gordhan's 2014 National Budget Speech

Finance Minister Pravin Gordhan will present a plan that will focus on state expenditure, taxes, welfar, infrastructure and further managing budget deficit when he delivers his 2014-15 budget speech today in Parliament. ... Full story

2014 SONA brims with optimism

President Jacob Zuma delivered the 2014 State of the Nation Address (SONA) on Thursday, highlighting the country's economic challenges and progress made by his administration. ... Full story

Interest Rate Increase may deter Commercial Property Sector upturn

It would appear that the latest round of Interest rate hiking by the South African Reserve Bank (SARB) has proved to be a mild speed-bump for SA's Commercial Property sector with very strong fundamentals. ... Full story

Implications of S.Africa’s Interest Rate Increase

South Africa's Reserve Bank (SARB) performed a volte-face, increasing interest rates across the board where it had previously been reluctant to do so. ... Full story

Reserve Bank delivers repo rate hike to 5.5%

South Africa's Reserve Bank lifted the lending / repo rate by 50 basis points to 5.5 % per annum as of 30 January 2014, in a surprisingly strong move to defend the country's embattled currency. ... Full story

South Africa Q3 GDP slows

South Africa’s real Gross Domestic Product (GDP) increased by 0.7% in the third quarter of 2013 compared to a revised 3.2% growth in the second quarter, said Statistics South Africa (Stats SA). ... Full story

Business Confidence drops slightly in October

The Business Confidence Index (BCI) declined slightly in October, says the South African Chamber of Commerce and Industry (Sacci). ... Full story

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