World Bank projects modest growth for sub-Saharan Africa in 2017

2017-01-12 17:25

The World Bank expects South Africa’s GDP to grow at 1.1% this year, but cautions inflationary pressures and unemployment will continue to weigh on consumer spending.

We will be poorer in 2017

2016-12-18 06:03

SA faces the prospect of an increased battle for resources, as well as wider and more explosive social unrest, as its citizens are set to become poorer for the third year in a row.

SA current-account gap widens as exports fall

2016-12-09 13:16

The current-account deficit has widened as exports in mining and factory produce fell due to weaker international demand and a stronger rand.

CEOs expect rand to depreciate in 2017

2016-12-07 13:49

CEOs believe the local unit’s recent gains will be short-lived, and that its value may depreciate even further in 2017.

Exports down more than 25% for third quarter - StatsSA

2016-12-06 18:58

Exports dropped by more than 25%, resulting in an international trade deficit of R44bn for the third quarter of the year.

Gloomy growth prospects for SA on the cards

2016-12-05 19:37

The year is expected to end on a depressed note with subdued growth prospects for the last quarter of the year, according to the latest BER surveys.

In the markets: What to watch this week

2016-12-05 08:21

Third-quarter SA GDP growth is expected to be announced, as well as data associated with consumer confidence. Mining data to be released Thursday may confirm an up cycle in the commodities sector.

Cabinet shakeup: 50% chance of reshuffle – report

2016-11-29 07:00

There’s a 50% chance of President Jacob Zuma reshuffling his cabinet, according to multinational bank BNP Paribas’ latest Global Outlook report.

Sarb could hike rates in first half of 2017 - economist

2016-11-25 09:34

The Reserve Bank may have kept the interest rate unchanged for now but there's a meaningful chance it could go up in the first half of 2017, says an economist.

Downgrade looms unless GDP lifts - economist

2016-11-24 19:42

South Africa’s fiscal maths will not work out unless GDP takes off, which puts the country at risk of a credit ratings downgrade.


Reserve Bank indicator signals economic growth in 2017

2016-12-20 13:56

The SA Reserve Bank index that measures economic expectations for six months has improved for the third month in a row.

Sentiment towards the JSE hits rock bottom

2016-12-13 19:55

The optimism towards equities, which gripped the market in 2014 after five straight years of solid gains, has been replaced by a sense of unease, disappointment and anxiety, says Overberg Asset Management.

Nigeria looks to farms as oil boom fades

2016-12-09 11:12

Nigeria is turning to farming as dwindling oil income has driven the economy to the brink of its first full-year contraction in more than two decades.

Warning of SA's growth falling below 0.5%

2016-12-07 05:01

The country may struggle to hit previously projected gross domestic product growth in 2016 amid disappointing third-quarter GDP expansion of 0.2%, say economists.

Ratings risk: Time is running out for SA

2016-12-06 18:56

The risks remain high of a credit ratings downgrade unless South Africa makes more than “piecemeal” progress on structural reforms, cautions Overberg Asset Management.

Heed the warning signs, economists urge govt

2016-12-05 16:59

South Africa should use the time wisely following a ratings reprieve from the three biggest ratings agencies, economists say.

Zuma’s power has been steadily eroded - OAM

2016-11-29 17:06

President Jacob Zuma’s power has been steadily eroded since the axing of Nhlanhla Nene as Finance Minister, according to Overberg Asset Management.

Another ratings reprieve for SA could be in store - economist

2016-11-28 13:31

The decision by Moody's to leave SA's credit rating unchanged provides an extended window to rebuild confidence and improve economic prospects before the next review.

Carbon tax: SA can't afford it, says economist

2016-11-25 06:42

A carbon tax will be damaging to South Africa’s existing industrial economy, which in turn will have severe consequences for economic growth, says a senior economist.

Sarb to press pause button on rates - analysts

2016-11-24 12:31

Despite higher-than-expected inflation, soaring unemployment and a depressed economic growth outlook, the Reserve Bank is expected to keep interest rates unchanged.

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