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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.
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Cosatu hopes Ramaphosa will soon announce reopening of more sectors of economy
There is no confirmation from government on when President Cyril Ramaphosa will give the country any clarity.
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Mkhize: Lockdown restrictions will be lifted... at the right time
Health Minister Zweli Mkhize said while only 2,500 daily new infections were recorded in the country during the last 24-hour reporting cycle, the restrictions would only be lifted after careful consideration of several factors.
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Once-booming Franschhoek is on its knees: 'People are not eating!'
Waiters, chefs and restaurant owners in Franschhoek and elsewhere are protesting under the banner #JobsSaveLives.
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Poll: Reserve Bank to cut rates again, by modest 25 bps
The SARB cut rates in May by 50 basis points after the economy was shut down to limit the spread of the novel coronavirus. That followed two aggressive 100 basis point cuts in succession in March and April.
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SA's failure to lower debt could trigger downgrade - Fitch
Debt in Africa’s most industrialised economy is set to breach 80% of gross domestic product next year as the government borrows more to bring the coronavirus pandemic under control.
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ANC: We need to mobilise society around an infrastructure-led recovery
The ANC’s economic transformation committee has released a document on building a new inclusive economy. This follows a similar publication issued by Business for South Africa on Friday, proposing an economic recovery plan which requires R3.4 trillion in funding over the next three years.
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HAJI MOHAMED DAWJEE: Why is no one listening? Pandemic proof is all around us
The COVID-19 pandemic is our collective problem and we need to start acting like it, writes Haji Mohamed Dawjee.
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SA heads towards 'tougher times' as GDP contracts by 2%
This was the third consecutive decline with the economy remaining in recession.
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Rwanda’s economy expected to grow 2% in 2020, 6.3% in 2021 - finance minister
Uzziel Ndagijimana said tourism revenues had decreased by 35% so far, while foreign direct investment would decrease by 62% because of the impact of COVID-19 on trade.
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The waiting game: How COVID-19 is bringing SA sport to its knees
For the South African sports economy, live matches can’t return soon enough. But will it be too late for some when it does?
