SABC News - Business: Economic, finance and market updates.

Efficient Group, Dawie Roodt says the good times will not last forever
Efficient Group, Dawie Roodt says the good times will not last forever

Fuel tax will cancel out fuel price drop, economists warn

Friday 30 January 2015 17:30

Economists have warned that the huge drop in the fuel price will in effect be cancelled out by an increase in the fuel tax.

Fuel tax will cancel out fuel price drop, economists warn

Friday 30 January 2015 17:30

Economists have warned that the huge drop in the fuel price will in effect be cancelled out by an increase in the fuel tax.

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SARB Governor frets about economic impact of load shedding

Friday 30 January 2015 06:00

Reserve Bank Governor Lesetja Kganyago has warned that load-shedding could limit the impact of current lower interest rates.

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Infrastructure development will enhance intra-Africa trade: Zuma

Thursday 29 January 2015 20:51

Africa's dream of becoming a continent of opportunity and destination for investment may become a reality soon with on-going plans to implement infrastructure development.

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Soweto businesses meet to discuss impact of riots

Thursday 29 January 2015 18:57

Business organisations in Soweto are meeting to discuss the impact of last week's riots. Foreign shop owners have fled the country's largest township.

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Investment in cellphone networks to allow more data usage

Thursday 29 January 2015 17:37

Cellphone companies have started investing more into upgrading networks to allow for more data usage.

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Repo rate remains at 5.75%

Thursday 29 January 2015 16:30

Reserve Bank Governor Lesetja Kganyago has left the repo rate unchanged at 5.75% meaning that the prime lending rate stays at 9.25%.

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SA’s repo rate expected to remain unchanged

Thursday 29 January 2015 12:01

Economists expect the Reserve Bank's monetary policy committee to leave the repo rate unchanged at 5,75 %.

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Lonmin keeps output target, cuts spending

Thursday 29 January 2015 10:52

South Africa's Lonmin said on Thursday it would maintain its annual production target but cut capital expenditure in 2015 as the third-largest platinum producer battles with low metal prices.

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McDonald's CEO Don Thompson leaving after tumultuous run

Thursday 29 January 2015 06:15

McDonald's Corp, fresh off one of its worst financial years in decades, on Wednesday said Chief Executive Officer Don Thompson would leave at the end of February.

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Oil near six-year lows

Thursday 29 January 2015 06:00

Oil remained weak in Asia on Thursday after data showing record US stockpiles sent prices tumbling to the lowest level in nearly six years.

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