Motorists face another sharp increase in the price of fuel, with all grades of petrol to increase by 41c per litre in March.
Motoriste sal 41 sent per liter meer betaal vir petrol in Maart.
Finance Minister Pravin Gordhan is set to deliver the 2011 national budget this week, with business looking forward to a speech which will boost business confidence following a global recession.
Ekonome hoop dat die begrotingsrede van Pravin Gordhan vandeesweek sakevertroue sal bou.
More than one million domestic workers will have their salaries adjusted with effect from 1 December. This year, the minimum wages for domestic workers who work 27 ordinary hours per week or less in Area A is R9.12 per hour, R246.30 per week and R1067.15 per month and for those in Area B it will be R7.60 per hour, R205.52 per week and R890.52 per month.
Meer as ‘n miljoen huiswerkers se salarisse moet van die eerste Desember aangepas word.
The South African reserve bank has kept its repo rate unchanged at 5.5%.
Die reserwebank het sy uitleenkoers onveranderd gelaat op 5.5%, wat beteken dat rentekoerse nie verder gaan afkom nie.
Motorists will have to dig deeper into their pockets as the petrol price is expected to increase by 13 cents across all grades from Wednesday.
Die prys van brandstof gaan van Woensdag met 13c per liter styg.
Reserve Bank Governor Gill Marcus on Wednesday said she was confident of the integrity of the country’s bank notes, following reports that faulty notes were in circulation.
Die goewerneur van die Reserwebank, Gill Markus, sê Suid-Afrikaanse banknote is bo verdenking ten spyte van gerugte dat ‘n groot aantal foutiewe R100 note in omloop is.
South Africa's real Gross Domestic Product (GDP) slowed to 2.6 percent quarter-on-quarter in the three months to the end of September 2010, falling below market expectation, said Statistics South Africa (Stats SA).
Suid-Afrika se bruto nasionale produk het geval na 2.6% in die drie maande tot September.
British Minister for Africa, Henry Bellingham, promised to double trade volume and bolster economic ties between South Africa and his native country by 2015.
Die Britse minister vir Africa, Henry Bellingham, wil handel met Suid-Afrika verdubbel in die volgende vier jaar.
Christmas has come early for cash-strapped consumers as the South African Reserve Bank’s Monetary Policy Committee (MPC) cut the repo rate by 50 basis points to 5.5 percent – the lowest in 30 years.
Verbruikers het ‘n vroeë kersgeskenk ontvang toe die Reserwebank rentekoerse met nog ‘n halwe persent gesny het. Die koers, 5.5%, is die laagste in 30 jaar.
The recovery from the global economic crisis has been faced with setbacks since the middle of 2010 and the outlook for growth in 2011 remains grim, states a new UN report pre-released on Wednesday.
Die VN sê daar gaan volgende jaar min groei in die wêreldekonomie wees.
South Africa's retail sales rose by 6.1 percent year-on-year in September - a much better than expected outcome predicted by experts in the financial sector.
Kleinhandelverkope is 6.1% hoër in September, aansienlik beter as wat ekonome voorspel het.
