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One local asset manager has warned that if South Africa does not start to find some strong political leadership in the coming months the rand could end up collapsing to more than R10 to the dollar.
It is almost five years since the so called sub-prime contagion triggered a global economic slowdown. But despite the myriad financial and regulatory interventions made by governments, central banks and even entire regions, think Euro-zone, the outlook fo
With economic growth slowing and formal employment levels still below their pre-crisis 2008 peak, widespread labour unrest is exacerbating the country’s cyclical and structural economic imbalances, threatening to stop the hesitant recovery in private sect
South Africa’s projected GDP growth remains at 2,9% for 2012. However, this growth may not be sustainable because of the recent strike actions, especially in the mining industry.
If you had to hazard a guess, when do you reckon the COFI Bill will be signed into law?