SARB hikes repo rate by 50bp
The SA Reserve Bank has hiked the repo rate by 50 basis points to 11.50 percent, it said on Thursday.
Inflation expectations rise sharply
CPIX inflation expectations rose sharply in the first quarter of 2008, the Bureau of Economic Research said on Thursday after the release of its quarterly survey.
No retrenchments as yet - Billiton
None of the workers at the BHP Billiton aluminium smelter in Richards Bay have been retrenched yet and none of the potlines have been shut down, the plant's head of communication Maredi Mogodi said on Thursday.
Sasol synfuel in world aviation first
South African company Sasol has scored another world first, receiving international approval for its 100% synthetic jet fuel, produced through its proprietary coal-to-liquids process, to be used by commercial airliners at Johannesburg's OR Tambo International Airport.
North West inks Chinese deal
More foreign investment is needed if provincial governments are to address poverty and unemployment in SA, North West Premier Edna Molewa said on Wednesday.
Transport to improve ‘dramatically’
South Africa's transport services were "sure to improve dramatically" in time for the 2010 Soccer World, Transport Minister Jeff Radebe said on Wednesday.
