In a quarter fraught with social unrest, political turmoil, frequent power outages and other economic headwinds, results from the 2Q2015 FNB/BER Consumer Confidence Survey show that consumer sentiment nosedived to a 14.5-year low. 

According to Rode & Associates, over the past few decades the tertiary services sector of the SA economy has been growing in relative importance as has been the case in the developed world.

UAE property market is set for a soft correction after three years of sharp rises but a crisis is ruled out, says Standard & Poor's.

Sales of new US single-family homes surge in May to the highest pace in seven years showing evidence of a housing market pick-up.

Real gross domestic expenditure gains momentum on the back of households consumption, while both household debt-to-disposable income and debt-service cost ratios inched higher in the first quarter of 2015.

South Africa’s economy is expected to grow by three percent by 2017 as the country has taken several steps to address the challenge of energy, says Finance Minister Nhlanhla Nene.

According to the FNB House Price Index, the average house price for April 2015 rose 5.0% year-on-year.

At the end of last year, house prices in Cape Town and Bloemfontein were accelerating, while the exact opposite was happening in Port Elizabeth this according to the latest Rode’s Report on the SA Property Market.

Private investors accounted for a quarter, or $153bn (£100m), of all commercial property deals in 2014.

About R600 million will be invested in the Tourism Incentive Programme during this medium term expenditure framework (MTEF) to support tourism enterprises, Tourism Minister Derek Hanekom said on Tuesday.