Gdp
MEC Nkomo-Ralehloko: Gauteng hardest hit by COVID, GDP shrinking by over R80bn
While delivering the provincial budget speech, she stated that this has seen many people lose their jobs while businesses especially small to medium enterprises...
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Stats SA decision on annualised rate as headline rate for GDP growth welcomed
The agency faced backlash for continuing with the annualised rates since the second quarter of 2020 when the data showed the GDP had contracted in half following the initial hard lockdown.
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SA's Q4 economic growth was largely due to easing of lockdown restrictions
Stats SA said that eight industries contributed to the 1.5% economic growth rate and 6.3% annualised GDP increase.
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SA economy grew by 1.5% in fourth quarter of 2020
Stats SA announced the latest gross domestic product figures on Tuesday.
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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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Manufacturing production decreased by 3.5% in November – Stats SA
The decline in manufacturing production wasn’t unexpected given the difficult economic conditions that underpinned the year.
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Plans are in place but there’s 'no action' to resuscitate SA’s economy
Economist Iraj Abedian said one problem was that divisions within the governing party, the ANC, meant it could not reach agreement on what should be done.
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Economist warns it will be some time before SA economy recovers
Iraj Abedian said even if the economic recovery plan was properly implemented, it will be a long time before things are back on track.
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Inside SA's third quarter GDP figures
The gross domestic product (GDP) figures for the third quarter of 2020 revealed that the South African economy grew by an annualised rate of 66.1% in the third quarter – or 13.5% quarter on quarter.
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SA GDP grew by 13.5% q/q in third quarter of 2020
Statistician-General Risenga Maluleke has released the GDP results for the third quarter of 2020.
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CYRIL RAMAPHOSA: South Africa remains an attractive investment destination
As South Africa hosts the third South Africa Investment Conference this week, President Ramaphosa says that beyond its contribution to national GDP, investment stimulates and supports the growth of local economies, with direct material benefits for our people.
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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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SA GDP plunge, revenue shortfall to delay debt stabilisation - Moody's
South Africa will struggle to bring down its soaring levels of public debt, set to reach 80% of gross domestic product this year, due to the impact of the record economic contraction on tax revenues, ratings firm Moody’s said on Thursday.
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'Watch this space next week': Ramaphosa on level 1 lockdown
President Cyril Ramaphosa engaged with Sanef in a virtual question-and-answer session on Wednesday evening. Here are the highlights.
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Statistician-General Maluleka unsure whether economy will improve in near future
Stats SA said that the economy shrank by 16.4% from the first quarter to the second quarter.
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Govt must take urgent steps to implement economic recovery plan - BBC
The latest GDP figures showed the economy contracted by 16.4% in the first and second quarter this year.
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Pressure on Ramaphosa to jump-start economy as SA sinks deeper into recession
The president reacted after Stats SA revealed the most recent GDP results, which showed the country had slipped deeper into recession during the nationwide lockdown.
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Communications industry ‘winner’ as most sectors choked under COVID lockdown
The largest negative contributors to the negative growth in GDP for quarter 2 were manufacturing, trade, and transport – which were severely affected by the lockdown regulations.
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Inside SA's bleak second quarter GDP figures
Statistics South Africa revealed that the country has fallen deeper into recession, with the economy shrinking by 16.4% from the first quarter to the second quarter of 2020. If the economy continued to contract in a similar way, the annualised figure would be set at 51%. Take a closer look at the figures related to the economic data.
