Tag: Mike Schüssler
Government urged to ‘act now or face a recession’
The government needs to make difficult and unpleasant economic decisions if it wants to avoid a recession.
It was the overall feeling of economists commenting on the contracting economy by more than...
South Africa could get its biggest-ever petrol price cut in December
South Africans could be in for some early festive cheer in December in the form of a major petrol price drop.
Commenting on the latest petrol data from the Central...
Economy shows moderate uptick, remains volatile
Although the June 2016 BankservAfrica Economic Transaction Index (BETI) – a measure of all South African interbank transactions under R5m– recorded a slight month-on-month increase, there are signs that the South...
Economy still growing, but at subdued rate
The March 2016 BankservAfrica Economic Transaction Index (BETI) showed a slight improvement on March 2015, but was significantly more modest than the February numbers. In February the month-on-month change was a...
Eskom asks Nersa for more money
Eskom has applied for a further R38bn of revenue to be generated through electricity tariffs and it is currently under consideration by energy regulator Nersa.
If granted, it will result...
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Two SAB plants get R5.8 billion upgrades
The R5.8 billion investment commitment made by South African Breweries (SAB) has been utilised to increase capacity at two of its plants.
The company said...
