SABC News - Ian Cruickshanks

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Moody's is expected to annouce a  review of South Africa's credit rating on Friday.
Economists expect no change in Moody’s review

Friday 11 August 2017 15:20

Economists say they expect no change when ratings agency Moody’s issues a review of South Africa's credit rating on Friday afternoon.

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Economists also expect a 20 cents fall for both diesel and illuminating paraffin.
Petrol prices expected to drop

Friday 2 June 2017 19:04

The Energy Department on Friday is expected to announce a drop in the price of petrol of up to 26 cents a litre.

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About 652 people are likely to be retrenched at African bank.
Sasbo opposes imminent retrenchments at African Bank

Tuesday 23 May 2017 20:14

Finance union, Sasbo, says it is opposing the imminent retrenchments at African Bank and has applied to the CCMA for facilitation on the matter.

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Reserve Bank Governor, Lesetja Kganyago.
Economists welcome repo rate decision

Friday 20 May 2016 06:08

Economists have welcomed the Monetary Policy Committee's decision to keep the repo rate on hold.

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Motorists could expect a fuel price hike of 41c/litre in April: IRR

Wednesday 23 March 2016 08:38

The Institute for Race Relations (IRR) has warned that if the rand and oil prices remain at the current levels, motorists could expect a fuel price hike of 41c/litre in April.

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Minister Nhlanhla Nene announced in the Mid term Budget statement that allocations for consultants would be cut.
Gov spends over R30-billion on consultants

Sunday 22 February 2015 10:07

National and provincial governments are reported to have spent more than 30-billion-rand on consultants.

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The rand extended losses after data showed new vehicle sales fell over nine percent last month.
Rand stumbles to two month low

Monday 2 June 2014 20:08

The Rand has stumbled to its weakest in two months against a basket of currencies as a recent raft of weak data rekindled investor concerns about the ailing economy.

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Ian Cruickshanks says the on-going platinum strike would trigger the decline.
SA GDP risks 2% decline

Tuesday 27 May 2014 10:29

The Gross Domestic Product (GDP) in South Africa risks declining below 2% this year. That's according to the South African Institute of Race Relations.

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Analysts say South Africa's fiscal is under pressure but Pravin Gordhan says it is recovering even though the country owes R1 trillion to investors
SA economy will struggle to attract investors

Saturday 1 March 2014 10:39

Finance Minister Pravin Gordhan says South Africa's fiscal is still on the road to recovery with the country owing over R1 trillion to investors.

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On Wednesday, the Fed is expected to finally announce how the so-called tapering or reduction of stimulus from 85 billion dollars a month is going to play out
World markets experienced lower volumes

Tuesday 17 September 2013 18:03

World markets have experienced lower volumes than usual this week.

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AngloGold Ashanti are aiming at mining more than 4 kilometers underground.
AngloGold moves to “mechanisation mining”

Monday 13 May 2013 17:48

South Africa's biggest gold miner, AngloGold Ashanti, is set to roll out its mechanisation programme.

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China’s change in leadership good for global economy

Thursday 8 November 2012 19:35

The change in leadership in China could be good news to the slowing global economy.

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Platinum mining crisis raises economic concerns

Tuesday 28 August 2012 05:27

Ructions in the platinum industry are beginning to have widespread international repercussions for South Africa.

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