Sa economy
CYRIL RAMAPHOSA: We need to work together to rebuild and transform our economy
In his first weekly letter for 2021, the president said for South Africa, as for most countries around the world, the year 2021 will be extremely challenging.
-
COVID-19, GBV, economic recovery and party renewal - ANC’s January 8 Statement
The ANC’s president Cyril Ramaphosa delivered the party’s January 8 Statement on Friday evening in a different style as South Africa grapples with the COVID-19 pandemic. #ANC #CyrilRamaphosa #January8
-
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.
-
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.
-
COVID-19 wrecks plans to reboot ailing SA economy
Development economist at the University of Stellenbosch Business School, Dr Nthabiseng Moleko, described the economy as reaching desperate times in 2020.
-
How the stresses and strains on SA’s economy played out in Parliament
Lawmakers had to consider, debate and approve not one, but three Budgets this year while operating under lockdown.
-
COVID-19 and the SA economy in 2020: ‘We need to close the hippo’s mouth’
Finance Minister Tito Mboweni this year noted the biggest contraction in the economy in nearly 90 years and the need to close the gap between government’s income and its spending – the hippo’s wide-open mouth.
-
COVID-19 takes its toll on African economy
Africa has so far been spared the worst of the coronavirus pandemic in terms of cases and deaths but its economy has not been so lucky, especially the poorer, smaller countries dependent on a single resource or sector.
-
SA Tourism working to get sector back on track
Last Week, Britain banned all travel to South Africa after discovering two cases of a mutant COVID-19 variant, which is driving the second wave in the country.
-
Small businesses in tourism sector to be hard hit by level 3 rules, warns TBCSA
On Monday night, President Cyril Ramaphosa announced stricter restrictions will be imposed in the country with immediate effect in a bid to curb the rapid spread of the coronavirus.
-
Landowners, businesses must support govt efforts on land reform, says Ramaphosa
In his virtual Day of Reconciliation message, the president spoke out against corruption and called on businesses to reflect their support for transformation.
-
Some events companies cancel festive events amid COVID-19 second wave
On Monday night, President Cyril Ramaphosa warned that this year’s celebrations would be different and urged South Africans to stay home to curb the spread of the coronavirus.
-
Beer sector cancels sponsorships in bid to avoid COVID-19 super-spreader events
The sector on Monday outlined a number of strict measures that were being rolled out to stop the spread of COVID-19.
-
Local tourism to take 3 years to recover to 2019 level, says SA Tourism CEO
SA Tourism CEO Sisa Ntshona on Monday said it was likely to take a long time for the industry to return to pre-COVID-19 levels.
-
Q3 GDP bounce-back means there's hope for the economy - Maluleke
The figures show that gross domestic product grew between July and September by a seasonally adjusted, annualised 66.1%, or by 13.5% on quarter two, when the hard lockdown put the brakes on economic activity.
-
Maluleke: Q3 GDP data started from a very low base
Stats SA said that gross domestic product grew by an annualised rate of 66.1%.
-
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.
-
Cash-in-transit firms look to new technology to prevent festive season heists
Despite the COVID-19 lockdown, there have been 260 cash-in-transit heist incidents in the country this year, which is 16 more than last year.
-
Govt is well within its rights not to implement 2018 wage deal, court told
Lawyers representing the finance minister are opposing the application by trade unions in the public sector who are requesting the court to force government to implement the agreement that would hike workers’ salaries by up to 5.4%.
