Monetary policy alone can’t fix the economy, says Kganyago

2020-03-04 21:02

South Africa’s weak economic growth is due to unsustainable policies and monetary policy alone can’t fix that, Reserve Bank Governor Lesetja Kganyago said on Wednesday.

The SA economy shrunk over recent months – but one sector looks set for a dramatic comeback

2020-03-03 14:34

There is one wildcard in upcoming GDP numbers: we still don't know what the effect of the novel coronavirus will be on exports.

Global growth could shrink by more than R16 trillion if coronavirus turns global pandemic

2020-02-25 22:22

A global pandemic would trigger technical recessions in the US and advanced European economies before a recovery in 2021, Oxford Economics projects.

More than 67,000 infected, GDP cuts, and SARS parallels: Here's how bad the global economy could get as the coronavirus outbreak rages

2020-02-15 15:37

Experts are getting increasingly worried about the damage the spreading coronavirus crisis will do to major economies.

Struggling GDP growth, policy uncertainty top concerns for pessimistic South African CEOs – report

2020-01-23 12:10

Local CEOs are far more worried than their international peers about uncertain economic growth, policy uncertainty and social instability, according to a new report by PwC.

Another recession looming, warns BUSA, as it slams govt for 'lip service'

2019-12-04 15:15

With GDP for the third quarter contracting by 0.6% and private sector business performance continuing to deteriorate, Business Unity South Africa has called for government to keep its promises.

Solly Moeng: State capture was meant to be over, but we still aren't free

2019-12-04 06:01

South Africa has failed to send out a message that it considers state capture to have been a near treasonous crime and that its authors, enablers and beneficiaries should not go unpunished, says Solly Moeng.

Economy shrinks by 0.6% in third quarter

2019-12-03 11:38

Over the past seven quarters, South Africa's the economy has contracted four times, which included falling into a recession in 2018.

Trade wars could slow global growth to weakest pace since financial crisis, IMF warns

2019-10-16 11:03

Trade tensions could push the world economy to grow at its slowest pace since the financial crisis a decade ago, the IMF warned Tuesday.

IMF sees Namibia growing in 2020 after three-year contraction

2019-09-14 10:00

Namibia’s economy will return to growth in 2020 after contracting for three straight years, but a failure to implement structural reforms could keep the southwest African nation stuck in a low-growth trap, according to the International Monetary Fund.

 

SA is officially lagging behind Nigeria as Africa's second-biggest economy

2020-03-03 17:58

As if a recession wasn’t enough bad news for South Africa, it’s now confirmed as the continent’s second-largest economy.

Economists expect decline in GDP for Q4 of 2019

2020-03-03 05:02

South Africa's GDP is expected to record a contraction when Statistics South Africa on Tuesday morning releases growth figures for the fourth quarter of 2019.

The coronavirus outbreak is dangerously close to shrinking global growth this quarter, UBS warns

2020-02-19 08:22

The hit to China's economy accounts for most of UBS's forecast, with disruptions in Thailand, Singapore, and Hong Kong also weighing on expansion.

Economic growth: what we know and don’t know

2020-02-05 13:47

It’s unclear exactly what causes economies to take off, which makes it difficult to implement policies that create more prosperous societies.

2020: Expect more expensive food, and higher tax

2020-01-03 07:47

More expensive food, higher taxes, and a weaker rand – South African consumers had better expect economic storm clouds in 2020.

Arqaam shuts South African office as brokers pare back research

2019-12-04 09:09

Arqaam employs about 17 people in the Johannesburg.

Daniel Silke: Ramaphosa's window for reform is closing

2019-12-04 05:00

South Africa’s third-quarter GDP figures say it all, says Daniel Silke.

Mozambique economy set to bounce back in 2020 - IMF

2019-11-14 22:05

Mozambique's economy is on track for a "strong rebound" in 2020, the International Monetary Fund said on Wednesday, as it urged the government to ensure an expected gas boom benefits all citizens.

The correlation between GDP growth and JSE earnings

2019-10-10 11:56

No one can predict the future. But, much like weather forecasting, past data points and patterns do provide portfolio managers with guidelines of how the future could potentially play out. And past patterns show that JSE earnings usually flourish when GDP growth does.

SA companies are investing in the economy for the first time since 2017 - but don’t get excited yet

2019-09-12 15:42

Investment has to grow for a couple of quarters to see it as a positive sign for the economy, one analyst said.

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