The shift in Africa towards urbanisation means digitalisation should be made an urgent priority to aid growth on the continent, according to Siemens.
The Association of Meat Importers and Exporters claim a proposed new import tariff on chicken meat could be devastating for the economy.
Yikes. A sluggish start to the year has raised eyebrows across South Africa, as the economy suffers its worst quarterly GDP performance in 10 years.
Billions by the day, trillions over the years. The sharpest financial minds in SA have some bleak forecasts for what Eskom’s load shedding costs the country.
After slipping into a recession at the start of September, Mzansi has made an instant recovery. The country’s GDP has risen by 2.2% in three months
PSG Wealth CIO, Adriaan Pask, believes that SA is already well on its way to an economic recovery. Here’s why he’s so confident…
Good news and the South African economy, Two things you very rarely see together. The World Bank isn’t bucking the trend, either.
Recent plans by President Cyril Ramaphosa to decrease this through mass layoffs were met with resistance from unions.
After already hitting a ten-year low, the rand value plummeted further against major currencies when SA slipped into recession on Tuesday.
The GDP statistics are out, and they haven’t been any kinder in Q2. South Africa is now in recession after a tough start to 2018.
After a gruesome 2.2% decrease in GDP earlier this year, a second consecutive negative quarter would put SA in recession.
The long-term troubles are starting to emerge
South Africa is officially out of technical recession.
This can’t be the ‘radical economic transformation’ Zuma had in mind
Statistics South Africa’s latest report on the economy shows South Africa’s GDP shrunk by 0.3% by the end of the fourth quarter of 2016.
South Africa’s gross domestic product grew at a meagre 0.2% in the third quarter of 2016, Statistics South Africa announced on Tuesday.
South Africa’s economic powerhouse Gauteng is only forecast to grow by 0.8% this year, said officials from the province’s Treasury department on Tuesday.
South Africa’s economy grew 3.3% quarter-on-quarter and 0.6% year-on-year in the second quater of 2016.
The rand has made good gains against the dollar since the start of the year, but that does not mean South Africa’s economy is out of the woods yet.
Well, not as much as some like to think, and much less than we used to be.
South Africa’s Gross Domestic Product (GDP) at market prices increased by 0.6% in the second quarter of 2014, Statistics South Africa, said on Tuesday.
While some key indicators point decidedly towards negative economic trends, the government insists that SA’s finances are stable for the time being. The question behind all these discrepancies, however, is which came first: chicken or nest-egg?