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Government must deliver on Capex promises

01 October 2013 | General

The improvement in the FNB/BER building confidence index from 37 in the first quarter of 2013 to 41 in the second half of 2013 was a new four-year high and the first time since 2005 that the index has recorded increases for three successive quarters. However the FNB/BER Civil Confidence Index shed 6 points to 45 in the second half of 2013 after gaining 15 to record 51 in the first quarter of 2013. This still indicates a position of net contraction in both these sectors. “Given the low growth outlook, it is paramount that everything is done to restore confidence and stability in order that the infrastructure thrust can gain traction once again,” says Luke Doig, Senior Economist, Credit Guarantee Insurance Corporation.

Tension rises as us plans to withdraw QE

01 October 2013 | General

During a press conference in Washington DC in June, United States Federal Reserve Chairman, Ben Bernanke, implied that central bankers might slow the pace of the quantitative easing (QE) programme by the end of 2013, with the aim to stop it completely by mid-2014.

Beyond Quantitative Easing

20 September 2013 | General

At the FOMC meeting on 18 September 2013, Fed Chairman Ben Bernanke indicated job market conditions were still weak and expressed concern that talks of tapering had already initiated tightening in the financial markets. Tapering remains on the cards, but will likely follow later in the year if the data confirms the Federal Reserve’s basic outlook for growth and the labour market.

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

18 September 2013 | General

According to the Grant Thornton Global Dynamism Index (GDI) 2013, South Africa’s main growth drivers are underperforming, making the country less attractive as a place to do business over the last 12 months. South Africa’s overall score was 44.1 down from

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SA economy remains resilient despite August strikes

12 September 2013 | General

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 | General

Clothing and footwear retail sales growth now also losing momentum

11 September 2013 | General

South African business hampered by skills conundrum

09 September 2013 | General

Coface: South African Economic Report to July 2013

09 September 2013 | General

South Africans are starting to spend again

14 August 2013 | General

Insurance and financial wellness becomes important in current economic conditions

31 July 2013 | General

Economic comment by Luke Doig, Senior economist, Credit Guarantee Insurance Corporation

24 July 2013 | General

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Economy