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Business operating environment remains tough

25 March 2015 | General

Higher fuel taxes and prices, electricity price hikes in the face of faltering supply availability and increased personal taxes all point towards depressed domestic demand. Taken together with stuttering global growth, this implies that business will have to hang tough in the coming months.

SA economy at the brink as 2015 strike season looms

12 March 2015 | General

As this year’s wage negotiation season gets underway, an expert warns that another round of destructive wage disputes will have a crippling impact from which job creation, workers themselves, and the economy will not recover soon. This comes after South Africa fared very poorly in terms of labour/employer co-operation, flexibility of wage setting and hiring & firing practices in the recent World Economic Forum global competitive rating.

BETI – February a strong month for the SA economy

11 March 2015 | General

The BankservAfrica Economic Transaction Index (BETI) grew 2.1% year-on-year, the strongest growth for 17 months. The absence of major strikes so far in the first quarter and substantially below-trend oil prices have combined to boost overall economic activity, which has grown at the fastest pace since September 2013.

Snippets on SONA from Grant Thornton

13 February 2015 | General

Key executives from Grant Thornton South Africa, provide commentary and snippets following President Jacob Zuma’s State of the Nation Address last night, Thursday 12 February 2015:

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