Brexit slowdown hits UK as economy weakens

2017-05-25 11:15

The UK has economy slowed more sharply than initially estimated in the first quarter as shoppers flagged and trade dragged on growth.

IMF sees Dubai GDP growth accelerating on local spending, trade

2017-05-02 10:22

Dubai’s gross domestic product will likely accelerate this year at a faster pace than most Arab economies, bolstered by local spending and a pick-up in global trade.

Should you invest overseas

2017-04-23 07:39

With credit downgrades and political turmoil, investors might be wary of spending their money locally, writes Angelique Ruzicka.

Retail sales decline to record low since global financial crisis

2017-03-15 18:05

Retails sales declined in January 2017, performing below market expectations and recording the worst performance since the global financial crisis.

China introduces new index to reflect changing economy

2017-03-14 10:32

China has introduced a new indicator for the services sector to better track the vast range of activity that accounts for more than half of the economy.

Zim 3.7% GDP growth 'unlikely' to be met - analysts

2017-03-10 12:07

Zimbabwe has revised its 2017 GDP growth rate to 3.7% from 1.7% on the back of an expected bumper maize harvest, but analysts say it is highly unlikely to be met.

Worst of SA growth cycle now over - economists

2017-03-07 16:31

GDP contracted 0.3% in the last quarter of 2016, however economists believe that this may be the end of the low growth cycle.

Little growth expected from GDP stats release

2017-03-07 07:37

Economists believe Statistics South Africa will release data that shows that little growth occurred the last three months of 2016.

In the markets: What to watch this week

2017-02-27 07:21

The US, Russia and India are among the countries that will release their GDP figures. In SA, market watchers will focus on private sector credit figures as well as the local balance of trade data.

Eurozone growth revised in sign of recovery fragility

2017-02-14 13:05

The eurozone economy has expanded less than initially reported as growth in three of its largest economies fell short of expectations.


No magic bullet to improve junk status - Gigaba

2017-05-23 19:37

South Africa’s debt has grown since the financial crisis of 2008 and there is no “magic bullet” to improve South Africa’s junk rating, says Finance Minister Malusi Gigaba.

US economy expands at slowest pace in three years

2017-04-28 15:00

The US economy has expanded at the slowest pace in three years as weak auto sales and lower home-heating bills dragged down consumer spending.

SA current account deficit narrows to 1.7% of GDP

2017-03-22 11:08

Improved dividend receipts, higher commodity prices and improved demand for domestic goods helped reduce the current account deficit, says the Reserve Bank.

Rand threatened by looming Fed rate hike

2017-03-14 18:01

The chief cause of the rand’s depreciation over the past week has been anxiety over the upcoming Fed rate hike, says Overberg Asset Management.

SA's economic woes could make EFF more potent - expert

2017-03-13 19:16

If SA’s economic situation doesn’t improve, attracting the young and unemployed could make the EFF a more potent force, says an emerging markets fund manager.

Why SA Reserve Bank won’t cut rates until 2019

2017-03-08 07:55

Emerging markets economist Peter Montalto of Nomura believes the South African Reserve Bank will not cut its repo rate of 7% until 2019.

SA economy shrinks more than expected

2017-03-07 11:31

The country's gross domestic product contracted 0.3% in the fourth quarter of 2016, according to Statistics South Africa

In the markets: What to watch this week

2017-03-06 06:27

Tomorrow will see the release of South Africa’s fourth-quarter GDP growth figure. Abroad, the European Central Bank will announce its interest rate decision.

Budget squeezing an already bled tax base – IRR

2017-02-24 05:00

Finance Minister Pravin Gordhan’s budget lacked a plan for growth and austerity, adding more pressure to a burdened tax base, says IRR chief operations officer Gwen Ngwenya.

India's Modi eases deficit goal, heeding GDP warning

2017-02-01 09:31

India has eased its deficit targets as Prime Minister Narendra Modi boosts spending to cushion the economy after advisers warned of a steep slowdown.

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