Zuma Left South Africa on an Upward Growth Path

  While the “Ramaforia” continues in SA following the renewed positive sentiments and increased investor confidence due to the election  of president Cyril Ramaphosa, yesterday’s release of GDP figures points to the fact that Zuma left SA on a positive upward growth path. According to Stats SA, the economy expanded 1.3 percent last year, exceeding the National Treasury’s forecast of […]

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Why Capital Flows into South Africa slowed in Fourth Quarter of 2014

By Vivian Atud What: According to the Reserve Bank’s Quarterly bulletin released earlier today- Tuesday March 17th 2015, capital into South Africa Slowed in fourth quarter as a proportion of GDP. The figures showed capital flows slowing down to 2.4 percent of Gross Domestic Product (GDP), or R23.3 billion from 6.1%, or R58.3bn, in the third quarter, the report showed […]

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Teraco Data Environments gets boost from Permira

By Marcello Conti Milano—Sunburst Africa–Last December, South Africa’s leading provider of carrier neutral datacentre services- Teraco Data Environments, had a boost after Permira, one of Europe’s largest private-equity firms, made its first African investment into Teraco. Established in 2008 following the deregulation of the South African telecoms market, Johannesburg-based Teraco is the largest provider of carrier neutral datacentre services in […]

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Manufacturing and Mining Data for October Will Have Little Impact the JSE Today

By Sunburst Africa Editor Johannesburg—Sunburst Africa–Today there will be two sets of data published by statistics South Africa on both manufacturing and mining production for October, 2014. Manufacturing production increased by 8, 0% in September 2014 compared with September 2013. The 8,0% year-on-year increase in manufacturing production in September 2014 was mainly due to higher production in the motor vehicles, […]

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The MPC keeps Repo Rate Unchanged- What does this mean for ordinary consumers?

Following the announcement that the South African Reserve Bank has unanimously decided to keep the repo rate on hold – at 5.75% due to the lower trajectory of headline inflation and continued weak state of the economy, many south African are grappling with what this means for them and their consumption. Let me start by introducing my readers to the […]

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