Soccer debt hangover looms

Wednesday, 23 June 2010 05:31

South African consumers could be skipping debt repayments in order to acquire World Cup paraphernalia and match tickets, but economists believe the effect on consumers' debt levels will be minimal.

 

SA's jobless figure grows

Wednesday, 23 June 2010 04:51
Johannesburg - Jobs in South Africa's formal business sector decreased by 79 000 people in the first quarter of 2010, official data showed on Tuesday.
 

Woolworths shares 'attractive'

Tuesday, 22 June 2010 12:30
Cape Town - Retail shares like Clicks Group [JSE:CLS], Shoprite Holdings [JSE:SHP], Spar Group [JSE:SPP] and Mr Price Group [JSE:MPC] reached new highs every day in the past week.
 

Volumes fall as retailers’ hopes for pickup sour

Tuesday, 22 June 2010 07:52
A hefty dose of realism has knocked back hopes for a quick return to growth in SA’s retail economy, a report yesterday showed.
 

SA economic outlook remains on positive side

Tuesday, 22 June 2010 06:41

The outlook for the domestic economic recovery remained on track in April. The Reserve Bank's composite lead index rose to 128.2 from 126.9 in March, 21.1 percent higher than its level a year earlier. The index, which points to events six to 12 months ahead, has been on a rising trend since it troughed at 104.5 in March last year.

 

Pick n Pay set to regain lost ground

Tuesday, 22 June 2010 05:51
Pick n Pay is on course to regain the ground it lost to competitors during the high inflationary environment that preceded the recession, CEO Nick Badminton told shareholders at Friday's annual general meeting.
 

CPI approaching lowest point

Tuesday, 22 June 2010 05:35
Johannesburg - Inflation should have slowed further during May, said an economist who also believes South Africa's consumer price index (CPI) is fast approaching its lowest point.
 

Dis-Chem: Union blames management

Friday, 18 June 2010 06:12

Dis-Chem was unwilling to resolve a wage dispute with employees, the SA Commercial, Catering and Allied Workers' Union (Saccawu) said yesterday.

 

VW unveils SA investment plan

Friday, 18 June 2010 05:01

Europe's biggest automaker Volkswagen said on Thursday it would expand its South African operations with investments in a plant in Uitenhage and a distribution centre near Pretoria.

 

SA retail sales up, door still open for rate cut

Thursday, 17 June 2010 11:34
South Africa's retail sales rose more than expected in April, official data showed on Thursday, but a weak outlook for demand leaves the door open for another rate cut.
 
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Latest News

South Africa looks to China for infrastructure lift

BEIJING - South African President Jacob Zuma on Tuesday urged China to invest more in infrastructure and manufacturing in his country, as his government seeks to broaden South Africa's economic appeal beyond mines and resources.

DTH delisting sanctioned

The court has sanctioned JSE-listed Dynamic Technology Holdings' (DTH's) buyout by Xantha Properties, the last approval the company needed for the deal to go ahead.

Nashua Mobile preparing for LCR market shift

Nashua Mobile, the independent telecommunications service provider in the Reunert Group, is moving ahead aggressively with new partnership agreements and the development of new products to prepare for reductions in mobile interconnect rates over the next three years.

SA economic drag anchors fully deployed

Reportedly, the Reserve Bank may only consider cutting interest rates if growth takes a (decided) turn for the worse and inflation remains non-threatening, with downside risk.

June retail trade sales expected to increase

SOUTH African retail trade sales at constant (2008) prices for June are expected to increase to 7.4% year- on-year from 4.6% in May, according to a survey of leading economists.



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