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The downward phase of the SA business cycle has likely already lasted for 68 months, according to data in the latest BankservAfrica Economic Transaction Index.
If there is no load shedding in the next few quarters, the economy will likely continue to grow, says the BankservAfrica Economic Transaction Index Report, released on Wednesday.
Retail sales over Black Friday and Cyber Monday most likely "saved" the SA economy in November, according to the BankservAfrica Economic Transaction Index.
The South African economy may still be in decline, but the latest BankservAfrica economic transaction index has shown some growth in August.
Economic data shows a worrying picture could be emerging, the business cycle is in a long downturn and new cost burdens are putting consumers under pressure, says economist Mike Schüssler.
The improvement in the number of transactions in March to a new record could be due to consumers making purchases ahead of the VAT increase, says an economist.
Sales prompted by Black Friday and Cyber Monday have likely disguised indications of remaining weakness in the SA economy, says economist Mike Schüssler.
Economic volatility continues to hamper investor confidence as reflected in the latest BankservAfrica Economic Transaction Index, says economist Mike Schüssler.
For the first time in 10 months, economic transactional activity in SA picked up in real terms on a year-on-year basis in July, according to the latest BETI.
Current economic activity in South Africa is down on last year's numbers in real terms, according to the latest BankservAfrica Economic Transactions Index.
A better performing second quarter can be expected when SA's GDP figures are released in a few weeks' time, says Mike Schüssler, chief economist at Economist.co.za.
There are indications that the downswing phase in the SA business cycle is now nine months longer than its previous slump.
SA's economy has been stuck repeating the same limited movements for a record 59 months, says the latest BankservAfrica Economic Transaction Index report.
Analysts may not have understood the depth of the loss of confidence in SA and how hard it would be to turn the economy around, says economist Mike Schüssler.
The SA economy continues to grow despite tax increases that came into effect at the beginning of April, shows BankservAfrica’s Economic Transaction Index.
Despite a slight drop in transactional growth in February, the non-decline of BankservAfrica's Economic Transaction Index in the last four months is grounds for optimism.
Declining transactional activities reflected in BankservAfrica's Economic Transaction Index are concerning, says economist Mike Schüssler.
Average real disposable salaries in SA remain below their previous high in October 2015, according to the latest BankservAfrica Disposable Salaries Index.
Seasonally adjusted average real take home pay in SA were slightly higher in June compared to May, shows the latest BankservAfrica Economic Transaction Index.
The negative impact of the sovereign credit rating downgrades has started to take effect on the economy, according to an economic transaction index.
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