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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.
The global growth outlook faces threats from trade tensions and mounting debt despite "increasingly broad-based" expansion currently, says the IMF.
The World Bank has downgraded South Africa’s 2017 growth forecast to 0.6% from 1.1% in January. Unless the economy starts growing, SA's poor will continue to live in grinding poverty.
In its latest report, the IMF says sub-Saharan Africa will record an average growth rate of 2.6% with South Africa projected to register a modest growth of 0.8%.
The UK may be heading for its weakest growth in a year, possibly heralding the start of a Brexit-induced slowdown.
The 2.9% growth rate mentioned in the ANC's January 8 anniversary statement refers to sub-Saharan Africa and SA's growth rate will rise to 1.3% in 2017, says the presidency.
Twitter has announced the easing of its 140-character limit on tweets, in the latest effort to broaden the appeal and boost the user base of the social network.
Walmart Stores has lowered its annual sales forecast after the strong dollar pulled down the value of overseas revenue.
The International Monetary Fund has dropped its forecast for South Africa's economic growth in 2015 to 2.1%, according to a report.
Brazil's incoming finance minister Joaquim Levy has vowed to cut spending and clean up the country's finances, to rebuild trust with investors.
South Africa is in a much better space than it was a year ago, but domestic earnings growth will take many years to be realised. So where should investors look for growth?
The credit ratings agency raised its forecast for SA GDP growth in 2018 from 1% to 2%, but warned this is still not enough to decrease SA's high unemployment rate.
The IMF has raised its forecast for economic growth in SA, saying the end of the drought will lift agricultural production while rising commodity prices will boost the mining sector.
Dr Adrian Saville, chief strategist at Citadel, explains what companies need to survive (and thrive) in times of weak economic growth.
Agriculture, industrialisation, commodities or services – which holds the key for growth on the continent?
In its latest World Economic Outlook, the International Monetary Fund, predicts South Africa will grow a modest 0.8% next year.
While the economy has shown signs of picking up, analysts say global economic weakness and domestic political tensions could make the reprieve short-lived.
Weakness in developing markets has prompted the IMF to downgrade its 2016 outlook for the world economy.
Growth is too slow to solve SA’s developmental problems, but the more immediate question is if it is actually “low” or if it is all that South Africa is capable of at this point.
Russia faces the prospect of three years of economic stagnation underscoring the heavy costs of President Vladimir Putin's Ukraine policies, the central bank predicts.
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