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The great US debt stand-off: Why we predict a timely resolution

The great US debt stand-off: Why we predict a timely resolution

15 October 2013

An impasse between the US Senate and Congress on raising the debt ceiling could potentially be catastrophic: credit markets could freeze, the value of the dollar could plummet, US interest rates could skyrocket, and the negative spill-overs could reverberate around the world. This could precipitate a financial crisis and recession more severe than the Great Depression. As one Wall Street analyst has said, it would be like “preparing for a large asteroid impact”.

BETI shows sharp downward pressure on the economy

BETI shows sharp downward pressure on the economy

10 October 2013

Remuneration issues in South Africa’s labour sector, combined with problems with the country’s water and electricity supply, are undermining the economy’s hard-earned resilience. This is according to the latest BankservAfrica Economic Transaction Index (BETI), which was released in Johannesburg today.

Labour relations and unions in SA_Analysis

Labour relations and unions in SA_Analysis

04 October 2013

J P Landman, Nedbank Private Wealth’s Political Analyst, provides the following analysis and opinion:

Local sales remain firm on backdrop of significantly weaker exports after August industrial action

Local sales remain firm on backdrop of significantly weaker exports after August industrial action

02 October 2013

But robust finance applications shows that consumer demand remains firm.

quick poll
Question

If you had to hazard a guess, when do you reckon the COFI Bill will be signed into law?

Answer
Government must deliver on Capex promises

Government must deliver on Capex promises

01 October 2013
Tension rises as us plans to withdraw QE

Tension rises as us plans to withdraw QE

01 October 2013
Beyond Quantitative Easing

Beyond Quantitative Easing

20 September 2013
Global dynamism index 2013 reveals SA drivers for growth are severely lacking

Global dynamism index 2013 reveals SA drivers for growth are severely lacking

18 September 2013
SA economy remains resilient despite August strikes

SA economy remains resilient despite August strikes

12 September 2013
SA’s dismal labour, education rankings in WEF Competitiveness Report cast a dark shadow over top marks achieved for Auditing and Reporting Standards

SA’s dismal labour, education rankings in WEF Competitiveness Report cast a dark shadow over top marks achieved for Auditing and Reporting Standards

11 September 2013
Clothing and footwear retail sales growth now also losing momentum

Clothing and footwear retail sales growth now also losing momentum

11 September 2013
South African business hampered by skills conundrum

South African business hampered by skills conundrum

09 September 2013