PODCAST | SA Money Report: Measuring the economy's slow climb out of darkness

accreditation
0:00
play article
Subscribers can listen to this article
Fin24's weekly SA Money Report provides bite-size takes on financial and business stories, along with a deep dive into the story of the week.
Fin24's weekly SA Money Report provides bite-size takes on financial and business stories, along with a deep dive into the story of the week.
Fin24

In this week's episode of Fin24's SA Money Report, we try to shed some light on the uphill battle the burnt-out, crumbling, apocalyptic husk we call the South African economy is facing. 

Statistics SA announced on Tuesday that the SA economy grew by 1.2% on a quarter-on-quarter, seasonally adjusted basis - during the second quarter of the year. This, it seems, is better than most economists’ expectations. 

So given the size and scope of the growth – is this good or just simply underwhelming news? Also, are we succeeding in climbing out of the Covid-19-shaped crater we fell into? To help us understand all of this is Fin24’s Lameez Omarjee. 



Fin24's aim with this new, weekly series is to take complex issues and break them down in way that gives listeners an insight into a world that can often be impenetrable, either because of really dense figures, ratios and percentages - or because you need to navigate obscure financial terminology. 

New episodes of the show, hosted by Fin24 deputy editor Ahmed Areff, will be released every Friday. 

We live in a world where facts and fiction get blurred
In times of uncertainty you need journalism you can trust. For only R75 per month, you have access to a world of in-depth analyses, investigative journalism, top opinions and a range of features. Journalism strengthens democracy. Invest in the future today.
Subscribe to News24
Rand - Dollar
14.76
+0.6%
Rand - Pound
20.14
+0.7%
Rand - Euro
17.30
+0.6%
Rand - Aus dollar
10.71
+0.3%
Rand - Yen
0.13
+1.0%
Gold
1,777.85
+0.2%
Silver
22.91
+1.9%
Palladium
2,042.25
+7.0%
Platinum
1,007.50
+5.3%
Brent Crude
74.36
+0.6%
Top 40
56,938
+1.5%
All Share
63,353
+1.6%
Resource 10
56,962
+2.0%
Industrial 25
81,495
+0.9%
Financial 15
14,175
+2.1%
All JSE data delayed by at least 15 minutes Iress logo
Company Snapshot
Voting Booth
What potential restrictions on unvaccinated South Africans may make the biggest difference to public health, the economy?
Please select an option Oops! Something went wrong, please try again later.
Results
Limited access to restaurants and bars
11% - 116 votes
Limited access to shopping centres
15% - 149 votes
Limited access to live events, including sport matches and festivals
27% - 271 votes
Workplace vaccine mandates
47% - 481 votes
Vote