Sa economy
Ramaphosa places youth at the centre of economic recovery
Cyril Ramaphosa was addressing the Peter Mokaba Memorial Lecture in Polokwane on Friday afternoon.
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Economist: COVID effects will be determining factor in SA’s economic growth
South Africa's economy shrunk by 1.5% in the third quarter after growth in four consecutive quarters.
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Catering and accommodation biggest contributors of negative growth
Trade, catering and accommodation were the biggest contributors to the GDP contraction - contributing 0.7% in negative growth.
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SA’s economy shrinks by 1.5% in Q3 of 2021
This quarter's results have factored in the economic disruptions caused by the civil unrest in July.
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SA's relations with Nigeria on a positive trajectory - Ramaphosa
President Ramaphosa said that the conclusion of several agreements of cooperation between the two countries was a testament to the strength of relations between Nigeria and South Africa.
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South Africa faces a slowly worsening chronic fiscal crisis
An improved fiscal outlook that accommodates spending pressures is encouraging but there are caveats.
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Economists satisfied with MTBPS but still concerned over SA's growth, debt
Finance Minister Enoch Godongwana delivered his Medium-term Budget Policy Statement (MTBPS) on Thursday, forecasting growth of 5.1% for this year.
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MTBPS: SA economy to grow by 5.1% in 2021 & R450bn allocated to municipalities
Finance Minister Enoch Godongwana said there needs to be economic reform, but has cited better economic growth for this year with the country recovering from the effects of the COVID-19 pandemic.
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Godongwana urged to be honest about economic problems in his maiden MTBPS
Alexander Forbes' chief economist, Isaah Mhlanga, wants Finance Minister Enoch Godongwana to tell a story of South Africa's forecast growth that was actually believable.
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IMF revises growth forecast for SA from 4% to 5%
It's published its latest growth outlook for the world's major markets on Tuesday.
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The IMF's growth forecast for SA compared to major economies
The updated IMF economic growth forecasts for selected countries, as released on 12 October 2021.
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SA firms won't invest cash as long as there's heightened uncertainty - Kganyago
South African Reserve Bank Governor Lesetja Kganyago told a webinar hosted by the Centre for Development and Enterprise (CDE) on Wednesday night that there was uncertainty about policy and also the way forward with regards to COVID-19.
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Thousands of members expected to join Cosatu's nationwide one-day strike
Workers will be protesting against corruption, retrenchments, high levels of unemployment, gender-based violence, and what they call an attack on collective bargaining.
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Ramaphosa: More needs to be done to incorporate women into economy
In a bid to tackle inequality in key sectors of the economy, the president launched the Women Economic Assembly in Modderfontein on Wednesday.
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From midnight on Tues, diesel drivers will have to fork out more at the pumps
The Energy Department announced this week that the cost of diesel will jump by 22.8 cents per litre as of midnight on Tuesday.
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CYRIL RAMAPHOSA: Equality for women in SA economy not where it needs to be
As a country, we have made progress in promoting equality for women in areas like government, civil society, the administration of justice, sport and culture. Unfortunately, we haven’t made the same progress in the economy, writes the President in his weekly newsletter.
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Gondogwana urges removal of regulatory burdens on businesses in SA
Speaking at the National Investment Dialogue on Thursday, he said the country needed to address basic issues first by removing regulatory burdens on businesses.
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Basic salaries increased by 1.1% in Q2 - Stats SA
Statistician-General Risenga Maluleke released the results of the latest employment statistics survey for June 2021 on Tuesday.
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Oil industry one of key drivers of economic activity in SA - study
The oil industry accounted for 3.2% of the country’s GDP in 2019, while creating a quarter of a million jobs, representing 1.5% of total employment in South Africa, a study commissioned by the South African Petroleum Industry (Sapia) showed.
