South Africa is open for business and hopes to attract billions of rands worth of investment during the second annual South Africa Investment Conference (SAIC).
Bank of America Merrill Lynch has published the findings of its latest fund manager survey, showing how local investors feel about government’s plans on Eskom, and the chances of the country being downgraded to junk status.
Goldman Sachs sees a silver lining for South Africa: The economy is at its lowest point and the only way is up.
Mercer has published its Global Pensions Index for 2019, highlighting the best and worst pension systems in the world.
The Department of Labour has published a notice ‘correcting’ the minimum wages for truck drivers and other workers in the wholesale and retail sectors.
Billions of rands in bailouts for South Africa’s power utility will probably widen the budget deficit to the biggest since the financial crisis, threatening the nation’s remaining investment-grade credit rating.
The tough local environment is a challenge for most companies, and many local investors are feeling the pain after a somewhat demoralising third quarter, says Samantha Steyn, chief investment officer at financial services firm Cannon Asset Managers.
The US’ EB-5 Investment Visa Programme has grown increasingly popular with South African families.
Parliament’s portfolio committee on Higher Education, Science and Technology has called for an investigation into the salaries paid to senior executives at South African universities.
The rand traded in a narrow range on Friday (18 October) as markets paused momentarily to digest some of the events that have taken place in recent sessions.