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Business mood improves marginally

Business confidence edged up marginally in October despite an unfavourable economic climate, the SA Chamber of Commerce and Industry (Sacci) said on Wednesday. ... Full story

Trade conditions in South Africa appear in negative territory

Trade conditions in September 2012 weakened, with the South African Chamber of Commerce and Industry’s (Sacci’s) seasonally adjusted the Trade Activity Index (TAI) weakened by four index points to 46 following the recovery by five points to 50 in August 2012. ... Full story

SA's business confidence stalls in continued global business volatility

A sharp decline in business confidence in many rapid growing economies is raising a warning flag that global business may face continued volatility for some months to come. ... Full story

South Africa still the gateway to Africa continent

South Africa is still the gateway to Africa; it is seen; as it can speak for the continent, despite a number of challenges it faces. ... Full story

Moody's downgrades South Africa's credit rating by one notch

Moody's Investors Service cut SA’s credit rating by one notch to Baa1 from A3 on Thursday, citing worries about the country's institutional strength, investment climate, as well as future political stability. ... Full story

South Africa's GDP upsurges by 3.2% in second quarter

South Africa's real gross domestic product at market prices increased by 3.2% in the second quarter of 2012, up from 2.7% in the first quarter, Statistics South Africa (Stats SA) said on Tuesday. ... Full story

South African Government welcomes IMF assessment

South Africa must press ahead with reforms to ensure its economic stability and Job creation is an urgent national priority to reduce the stubbornly high rate of unemployment. ... Full story

IMF lowers South Africa economic growth forecasts

South Africa's economic growth is likely to moderate in 2012 due to weak external conditions and global uncertainty, the International Monetary Fund said on Thursday, adding monetary policy should remain accommodative given limited fiscal space. ... Full story

South Africa's CPI falls to 4.9% in July‎

SA's Consumer price inflation eased sharply on a y/y basis in July, coming in well below consensus forecasts at 4.9% from 5.5% in June. ... Full story

Improving retail indicators despite cautious economic outlooks

With real retail sales for the first quarter of 2012 rising by 1% year-on-year, retailers are anticipating a slow-growth year – in line with decreasing economic prospects in both the domestic and global economies. ... Full story

South Africa's Business Confidence falls to 12-year low

South Africa's business confidence fell to its lowest in twelve years in July as sentiment continues to be hammered by the weak global and domestic economic environments, a survey showed on Tuesday. ... Full story

Unchartered territory indeed for property market as repo rate falls to new historic low

We are indeed in unchartered territory, says Seeff chairman, Samuel Seeff following the somewhat surprising decision by the Reserve Bank’s Monetary Policy Committee Meeting to cut the repo rate by 50 basis points to a new historic low of 5%. ... Full story

Consumers rejoice as interest rate drops below 9% for the first time in over 30 years

At the conclusion of today’s Monetary Policy Committee meeting, Reserve Bank Governor, Gill Marcus, announced that the prime lending rate would drop by a further 50 basis points, bringing the rate down to just 8,5%. ... Full story

Interest rate reduction by 50bps inspire hope

Today’s decision by the Monetary Policy Committee to reduce the repo rate is welcome news, providing a confidence boost to the economy as well as the property market, says says Dr Andrew Golding, CE of the Pam Golding Property Group. ... Full story

Emerging economies engineer global growth

“The global economy’s centre of gravity has shifted significantly towards emerging economies,” Gordhan told delegates at the World Economic History Congress (WEHC) in Stellenbosch on Monday. ... Full story

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