DA says ‘Investment Bill’ a missed opportunity, will trigger capital flight
The Democratic Alliance says the Department of Trade and Industry has squandered an opportunity to produce a world-class Investment Promotion Bill.
The Democratic Alliance says the Department of Trade and Industry has squandered an opportunity to produce a world-class Investment Promotion Bill.
South Africa posted its smallest current account deficit in four years in the second quarter as a weaker rand boosted exports and curbed consumers’ appetite for imports.
According to the Economic Freedom of the World 2015 Annual Report, SA ranks 96th out of 157 countries and territories included.
Oakbay director Nazeem Howa has hit out at the Sunday Times after they published a report he labelled as “factually bankrupt”.
The rand’s top forecaster is predicting South Africa’s currency will rally after dropping to a record low.
Financial markets are betting that Russia, South Africa, Turkey and Colombia will be next in line for “junk” debt status after Standard & Poor’s stripped Brazil of its investment-grade credit rating.
After securing Amplats’ Rustenburg mines for R4.5 billion, it’s apparent the new King of Gold also wants to become the Prince of Platinum.
South African drugmaker Aspen Pharmacare’s full-year profit growth slowed to 13 percent, weighed down by currency volatility.
Former directors of Aurora, Solly and Fazel Bhana’s application to appeal an earlier ruling that they were liable for R35 million in the Aurora saga has been dismissed by the North Gauteng High Court.
Big Three ratings agency Fitch has dumped South Africa – officially cancelling its registration ahead of closing down its office in the country.