Economy
Cosatu: 2021 Budget is divorced from the reality for ordinary citizens
Cosatu’s Matthew Parks said South Africa not only had a debt crisis but was in its worst economic recession in 100 years.
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Rescued vegetables allay South Africa's virus-linked hunger
Days earlier, the cabbage and pumpkin on her plate were strewn in a pile of discards from South Africa's largest fresh produce market, waiting to be incinerated.
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CYRIL RAMAPHOSA: COVID-19 recovery requires difficult decisions to be taken
While our temporary COVID relief measures have helped, the country will not be able to sustain them indefinitely, writes Cyril Ramaphosa.
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Sona2021: More vaccines, speeding up economic recovery, fighting corruption
The president's announcement on the imminent arrival of more than 40 million doses of vaccine will be welcomed after problems emerged with the efficacy of AstraZeneca’s vaccine.
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China GDP grows at slowest pace in more than four decades in 2020
The 2.3% expansion is the lowest figure since the Chinese economy embarked on major reforms in the 1970s.
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US loses 140,000 jobs in December, unemployment 6.7%: govt
"The decline in payroll employment reflects the recent increase in coronavirus (Covid-19) cases and efforts to contain the pandemic," the Labour Department said.
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YONELA DIKO: SA's economic fate is in the ANC's hands
Highly developed economies cannot falsely claim they became strong without government internventions, writes Yonela Diko.
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Business sector concerned about little being done to improve investor confidence
Although Finance Minister Tito Mboweni listed efforts to restore business confidence in the country the organisations said this was not enough with government failing on the implementation front.
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SA economy in desperate need of private sector investment - economist
Finance Minister Tito Mboweni painted a grim picture saying the country's deficit has more than doubled from 6,4% of GDP in the 2019/2020 financial year to 15,7% this year.
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PBC: Budget must focus on improving the composition of expenditure
The coalition, comprised of various civil society organisations, has called the report ‘an alternative human rights budget’.
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SA can emerge from recession, COVID-19 crisis, says economist
The president will spell out government's economic recovery plan in Parliament on Thursday afternoon.
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Mthembu: Cabinet’s lekgotla will focus on post-COVID economy recovery plan
From Wednesday afternoon, Cabinet will be holding a virtual lekgotla, with economic recovery top of the agenda.
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Popcru: SAPS members on duty won't join Wednesday’s national strike
This is inclusive of 10111 operators who were only last year converted from legislative coverage under the Public Service Act into the SAPS Act.
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Busa warns of severe economic impact of Wednesday's strikes
Business Unity South Africa’s executive officer Cas Coovadia has told Eyewitness News that while they understood the issues which had pushed workers out on the streets, it was counterproductive.
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Africa needs to intensify measures to empower women, says Ramaphosa
In his weekly newsletter released on Monday morning, Ramaphosa said there was much that could be achieved by ensuring that women have greater access to affordable financial services and education.
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SA's economy could shrink more than forecast : Mboweni
The economy of Africa's most industrialised nation contracted by more than half in the second quarter of this year, an unprecedented decline caused by anti-coronavirus restrictions.
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SACP: Impact of COVID-19 has exacerbated inequalities in society
The party's central committee plenary held a virtual briefing on the current political state of the country in a bid to mitigate the worsening economic and social challenges brought on by the pandemic.
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Ramaphosa: Govt has number of plans to lift economy post-COVID-19
President Cyril Ramaphosa was speaking during a virtual meeting with members of the South African National Editors Forum on Wednesday evening.
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GDP slump marks 'time to rebuild economy, unleash SA's potential' says Ramaphosa
The country has slipped deeper into a recession, with Stats SA announcing the economy shrank by 16.4% from the first quarter to the second quarter of 2020.
