Sa economic growth
SA economy could contract 8.2% if second COVID-19 wave hits - OECD
President Cyril Ramaphosa's government has promised to fast-track reforms to raise economic growth potential, but some investors are becoming restless about the...
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Reserve Bank: Return of foreign investors not enough to boost economic growth
On Thursday, the Reserve Bank governor announced that the repo rate was being lowered by 25 basis points.
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South Africa faces battle to rein in spending - Fitch
Ratings agency Fitch said the country had a poor track record of delivering debt and spending cuts.
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SA business confidence hits record low as lockdown batters economy: survey
The RMB business confidence index was at 5 points for the second quarter, the lowest level since the first survey in 1975 and down from 18 points for the first quarter.
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SA's technical recession explained in 120 seconds
South Africa’s gross domestic product (GDP) has expectedly contracted by 1.4% in the fourth quarter of 2019, pushing the country into a technical recession, Statistics SA announced on Tuesday. This is the second consecutive drop after the economy failed to show any signs of positive growth in the quarter before, making it a technical recession. A full recession refers to two quarters of recession, combined with a year-on-year decline GDP.
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CARTOON: So Much for the New Dawn
Dr Jack & Curtis.
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Ramaphosa: SA will be affected by the coronavirus
President Cyril Ramaphosa has warned that the underlying weakness in South Africa's economy could be further aggravated by global economic uncertainty amid the spread of the coronavirus.
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Rand falls as economy slips into recession
The recession is another setback for President Cyril Ramaphosa’s efforts to revive the economy and stave off a downgrade of the country’s sovereign debt to below investment grade by rating agency Moody’s.
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SA entering technical recession again not a surprise, says Ramaphosa
President Cyril Ramaphosa said that the poor growth figures released today were not pleasing, but said that the signs that the economy was struggling were evident for some time.
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Mabuza: Eskom's generation problems constraining SA's development
Deputy President Davi Mabuza's comments about Eskom failing the economy come shortly after Stats SA released figures effectively placing the country in a technical recession.
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Declines in transport, agri sectors contributed to economic slowdown - Stats SA
It said the country's economy slipped into a technical recession in the fourth quarter of last year, recording a 1.4% contraction.
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SA's economic growth stuck in low gear - Moody's
It's revised this year's forecast to 0.7% and 0.9% for next year and said it had a number of concerns.
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Moody's puts SA's economic growth at 0.7% this year, blames load shedding
The country continues to be hit by load shedding with businesses complaining about lost productivity.
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Ramaphosa: Germany deepening contribution to job growth in SA
President Cyril Ramaphosa is hosting German Chancellor Angela Merkel at the Union Buildings in Pretoria for her official visit.
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IMF says South Africa's economic growth weakened by bailouts
South African economic growth has slowed over the last decade. Debt has climbed rapidly as the government scrambles to plug a widening budget deficit and bail out state firms plagued by mismanagement.
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Ramaphosa: SA needs policies that will support higher growth
President Cyril Ramaphosa said that South Africa needed to embark on serious reforms in order to reposition itself to become an investor-friendly country.
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World Bank cuts SA's growth forecast over load shedding - report
It now expects the economy to expand by 0.9% this year.
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READ: President Cyril Ramaphosa's 2020 New Year message
President Cyril Ramaphosa reflects on a year that brought many challenges and quite a few triumphs to South Africans.
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Grim outlook on SA's economic growth for 2020
There are concerns that 2020 may be another difficult year for growth, with consensus that the country is facing a number of factors dragging down GDP.
