Category: BUSINESS
Strict enforcement of laws vital to keep SA off greylist: Economist – SABC News
Economist Iraj Abedian says South Africa’s removal from the Financial Action Task Force’s (FATF) greylist is a step in the right direction, but a lot more needs to be done
Read MoreAmazon targets as many as 30 000 corporate job cuts: Sources – SABC News
The figure represents a small percentage of Amazon’s 1.55 million total employees, but nearly 10% of the company’s roughly 350 000 corporate employees. This would represent the largest job cut
Read MoreSA keeps 4th spot in RMB’s Africa investment ranking – SABC News
The RMB Where to Invest in Africa Index ranks South Africa at number four, the position it also held last year. The report says South Africa maintains this position as
Read MoreRand slightly firmer – SABC News
The rand is slightly firmer after the greenback declined against a basket of currencies. The removal of the country from a global financial crime watchdog’s list of countries under heightened
Read MoreRail revitalization invite to private sector a major milestone: PRASA – SABC News
The Passenger Rail Agency of South Africa (PRASA) says the invite from the Transport Department to the private sector, to partner in the country’s rail revitalisation, is a major milestone.
Read MoreNPO says SA’s removal from FATF greylist helps access to funding – SABC News
Cape Town-based non-profit organisation Inyathelo has welcomed the Financial Action Task Force’s (FAFT) decision to remove South Africa from its greylist. The NGO’s Acting Executive Director, Feryal Domingo, says the
Read MoreRamaphosa’s Malaysia visit strengthens trade, investment relations – SABC News
President Cyril Ramaphosa has wrapped up his visit in Malaysia where he also met leaders of different industries, with the aim of promoting South Africa as a reliable investment partner.
Read MoreLimpopo’s economic growth fuels real estate value to 12% spike – SABC News
The Limpopo province’s property market is the fastest growing in the country, followed by the Western Cape and Gauteng. According to Statistics South Africa, the value of residential properties in
Read MorePolitical parties in Parliament welcome SA’s removal from grey list – SABC News
Political parties in Parliament have generally reacted positively to South Africa’s removal from the grey list. The Financial Action Task Force (FATF) removed South Africa from its grey list on
Read MoreChina talks nearing agreement for Trump, Xi to review: US trade envoy – SABC News
The second day of trade talks between the US and China was paving the way for a “productive meeting” between President Donald Trump and President Xi Jinping, Washington’s top trade
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