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.