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Southern Cape Business News

'Continued low growth will affect government's spending plans'
'Continued low growth will affect government's spending plans'
2017-06-09 10:15:00 AM
BUSINESS NEWS - Finance Minister Malusi Gigaba says if the economy continues on its path of low growth, the government will be less able to finance its spending plans and borrowing needs.He has warned...
Slow consumer spending highlighted as one key indicator of lack of growth
Slow consumer spending highlighted as one key indicator of lack of growth
2017-06-07 08:08:32 AM
BUSINESS NEWS - Slow consumer spending due to rising unemployment has been highlighted as one of the main indicators that South Africa’s economy is not growing.Stats SA says the adjusted Gross...
Finding the best way to tax the wealthy
Finding the best way to tax the wealthy
2017-06-06 08:53:23 AM
BUSINESS NEWS - As attractive as it may be to tax the wealthy, it seems that the proposed wealth tax options put forward by the Davis Tax Committee (DTC) will be extremely complex to introduce and...
Rand gains in early trade
Rand gains in early trade
2017-06-05 10:45:00 AM
BUSINESS NEWS - South Africa’s rand gained in early trade on Monday on improved appetite for riskier assets while stock futures pointed to a slightly lower open on the main bourse.At 0650 GMT,...
SA braces for S&P update on credit rating
SA braces for S&P update on credit rating
2017-06-02 09:04:51 AM
BUSINESS NEWS - Credit rating agency S&P Global will on Friday follow Fitch and update South Africa's credit rating.Finance Minister Malusi Gigaba has been figthing to portray the country as a...
Trusted fishmongers now in Heiderand
Trusted fishmongers now in Heiderand
2017-06-01 02:16:52 PM
MOSSEL BAY BUSINESS NEWS - After many decades in the food industry, Manny’s Food Distributors now adds a brand new offering to their stable.  Residents of Heiderand would have noticed much...
Tavcor wins a national award
Tavcor wins a national award
2017-06-01 11:59:00 AM
SOUTHERN CAPE BUSINESS NEWS - During May, Volkswagen South Africa announced and celebrated the 2016 Grand Prix Award winners at a black-tie event, themed "For the Love of Performance", in Bryanston,...
CP Nel Oudtshoorn kliënte veilig met GM onttrekking
CP Nel Oudtshoorn kliënte veilig met GM onttrekking
2017-06-01 08:40:00 AM
SUID-KAAP SAKE NUUS - Eienaars van Opel, Chevrolet en Isuzu-voertuie in Oudtshoorn het niks te vrese nie nadat GM (General Motors) hulle onttrekking uit Suid-Afrika aangekondig het.  Die eienaar...
Rand slips, stocks dragged lower by Barclays
Rand slips, stocks dragged lower by Barclays
2017-06-01 08:38:13 AM
BUSINESS NEWS - The rand weakened on Wednesday with a combination of mixed trade data and a looming interest rate hike in the United States keeping traders cautious.Stocks were lower on the day with...
Various topics discussed at AHi meeting
Various topics discussed at AHi meeting
2017-06-01 07:09:00 AM
SOUTHERN CAPE BUSINESS NEWS - On Friday 19 May, a number of AHi (Afrikaanse Handelsinstituut) affiliated business chambers from the Western Cape met in Heidelberg for their two monthly AHi regional...

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