EXPLAINER: What is GDP?

2019-08-18 08:33

Gross domestic product or GDP is a measure of the size and health of a country’s economy over a period of time. It is also used to compare the size of different economies at a different point in time.

SA's bank transactions a good sign for growth - maybe

2019-06-13 07:00

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.

'I am at ease': Mboweni throws his weight behind Ramaphosa on Reserve Bank

2019-06-06 19:03

Finance Minister Tito Mboweni is back on Twitter, saying there "should be no issues" regarding the Reserve Bank's mandate.

'ANC has run out of ideas how to stimulate the economy' - Maimane

2019-06-05 20:25

Against a backdrop of SA's economic growth grinding to a standstill, and economic policy being one of the battlegrounds for the ANC's infighting, opposition party the DA announced its spokespersons and focus for the Sixth Parliament on Wednesday.

How Eskom maimed SA's entire economy

2019-06-05 05:00

It isn’t difficult to find the main culprit behind South Africa’s biggest economic contraction in a decade: Eskom.

SA’s economy is shrinking at an alarming rate – and only oranges and interest rates are offering hope

2019-06-04 16:28

An interest rate cut on July 18th now seems inevitable.

Stats SA expected to announce fall in first quarter GDP

2019-06-04 05:00

Since early May economists have been predicting that SA's economy would contract in the first quarter of 2019, caused by a combination of depressed expenditure and investment, weak demand and the impact of load shedding.

Trump's best selling point for reelection in 2020 is looking stronger than ever

2019-04-29 12:10

Friday's GDP report is just another piece of good economic news that President Donald Trump can use to solidify his argument for reelection in 2020.

WATCH: US economy surges 3.2% in first quarter

2019-04-26 18:29

The US economy accelerated in the first three months of the year, fueled by a rebound in local and state government spending, as well as temporary factories tied to trade.

Sifiso Skenjana: An SA education strategy for the fourth industrial revolution

2019-03-26 05:00

If the skills required for industry are evolving, then education models and methods should evolve as well, says Sifiso Skenjana.

 

The UK economy unexpectedly shrunk for the first time in 7 years — and the pound is getting clobbered

2019-08-11 12:10

GDP fell by 0.2% between April and June, the worst performance for seven years.

Nationalisation is expensive and won't solve our problems - SARB

2019-06-06 21:05

Officials from the South African Reserve Bank have called the debate surrounding nationalising the Reserve Bank or changing its mandate "simplistic" and said shifting it to complete state ownership would be a costly endeavour with little benefit.

IMF, ratings agencies point to need for tough choices

2019-06-05 20:29

President Cyril Ramaphosa faces a perfect storm of factors requiring him to make some tough decisions, says Terence Corrigan.

The GDP horror show

2019-06-05 13:51

If the SA economy were a film, the 2019 release - much like 2018 - would be in the horror genre, says Maarten Ackerman.

SA may avoid a recession - if it can keep the lights on

2019-06-04 20:59

South Africa’s economy, which contracted the most in a decade in the first quarter as the nation suffered the deepest power outages since 2008, may avert a recession if the electricity utility is able to keep the lights on through winter.

SA GDP falls by 3.2%, biggest drop in 10 years

2019-06-04 11:37

The decline is the biggest quarterly fall in SA's economic activity since the start of 2009, when the economy tumbled under strain from the global financial crisis, says Stats SA.

SA economy looking 'dramatically dismal' in first quarter - Mike Schüssler

2019-05-11 09:00

Schüssler says that on a seasonally adjusted and annualised basis he expects first quarter data could show a 'massive decline' in SA's GDP growth rate.

Stock markets muted despite surging US economy

2019-04-26 21:45

News that US economic growth had smashed expectations in the first quarter of 2019 failed to galvanise markets on Friday, with analysts warning of an economic divergence between the United States and the rest of the world.

Boeing's 737 Max crisis could have a bigger effect on the US economy than the government shutdown

2019-03-26 12:27

If Boeing is forced to stop producing the plane that's crashed twice, it could knock a huge chunk of the US' economic output, JPMorgan is warning.

Dagga is the fastest-growing industry in the US job market, according to a new report

2019-03-18 21:22

Marijuana added 64,389 to the US job market in 2018, trouncing every other part of the economy. Counting indirect jobs, legal cannabis now employs nearly 300,000 people in America.

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