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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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Western Cape remains an attractive destination for foreign direct investment

Global foreign direct investment (FDI) flows recovered to US$1.58 trillion in 2021, up from US$963 billion recorded in 2020 and higher than pre-pandemic...

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