Why load shedding topped off a bad week for the economy

2018-06-17 16:08

Two days of load shedding amidst plummeting temperatures are only topping off a week of miserable economic news for South Africans.

Carbon tax - the latest tax on the poor

2018-06-13 16:46

Many objections and reservations have been raised regarding the tax - and it's no wonder in many countries renewables and the carbon tax are known as a tax on the poor, writes Rob Jeffery.

GDP shock will lead to revision of optimistic growth predictions – Nene

2018-06-08 14:09

The shock contraction of GDP in the first quarter means optimistic predictions for growth in 2018 will need to be revised, says Finance Minister Nhlanhla Nene.

GDP decline mirrors tough terrain of Ramaphosa's political struggle

2018-06-05 21:00

Breaking free from the outmoded and outdated economic constraints large sectors of President Cyril Ramaphosa's own party promote is the only thing that will set the country free, says Daniel Silke.

SA's first-quarter GDP takes a knock, shrinks by 2.2%

2018-06-05 11:46

The 2.2% fall, the largest quarter-on-quarter decline since 2009, caused the rand to lose 0.7% against the dollar.

Weak economic growth expected for first quarter – economist

2018-06-03 17:06

A contraction in GDP output is expected for the first quarter of 2018, says an economist.

World Bank ups SA growth forecast but says slow growth hobbles economy

2018-04-10 15:25

The World Bank expects South Africa’s economy to grow by 1.4% in 2018, on the back of a rise in confidence early in the year.

GDP growth seen to remain on the upside in 2018

2018-03-13 19:02

The outlook for GDP growth is brightening, as inflation and interest rates are on a downward trajectory providing added relief for consumers and businesses.

 

SA has heightened chance of going into recession - Mike Schüssler

2018-06-15 06:15

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.

Cabinet concerned about economy, welcomes passing of minimum wage bill

2018-06-08 16:27

Cabinet says it has mandated the economic cluster ministers to discuss the latest gross domestic product figures, which declined by 2.2% in the first quarter of 2018.

Rand breaks through R13.20/$ as SA shows little chance of following suit on rates

2018-06-08 10:20

The rand extended a slump after breaching R13/$ for the first time since December as investors bet there’s little chance the SA Reserve Bank will follow emerging-market peers in raising interest rates.

Rand falls as weak GDP data catches market off guard

2018-06-05 13:09

The local currency lost 12c to the dollar after Stats SA announced that SA's quarter-on-quarter GDP had fallen by 2.2%.

South Africa's first-quarter GDP data may knock 'Ramaphoria'

2018-06-05 10:08

South Africa’s quarter-on-quarter economic output will probably come as a setback to the improved sentiment that followed President Cyril Ramaphosa’s rise to power.

Goldman Sachs increasingly optimistic about SA

2018-05-11 11:31

The Goldman Sachs is optimistic about SA but its concerned about the implementation of the promised structural reforms.

Record year for SA tourism in 2018 - global report

2018-03-22 22:00

Travel and tourism could contribute more to the SA economy in 2018 than in any other year, according to a new report by the World Travel & Tourism Council.

Experts welcome GDP growth, point to what still needs to be done

2018-03-06 21:00

A modest growth recovery is anticipated for the SA economy, but the implementation of structural reform is necessary to propel it to higher growth over time.

Stronger GDP figures lift rand

2018-03-06 12:21

The rand has strengthened by 8 cents to the dollar after Statistics SA announced that the country's 2017 GDP growth was stronger than predicted.

GDP growth in 2017 better than expected - Stats SA

2018-03-06 11:37

The SA economy grew by 1.3% in 2017, exceeding National Treasury’s expectation of 1% growth announced during the National Budget Speech in February, says Statistics SA

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