Mining has a key role to play in helping to ease youth unemployment
It is imperative that social movements inside both blocs navigate their agenda
President announces reforms aimed at attracting investors to the country as he opens conference
Eskom’s board chair was speaking on a panel about the country’s energy crisis at the South Africa Investment Conference on Thursday
Governor Lesetja Kganyago underlined the deleterious effect of inflation, which the monetary policy committee has revised higher, on the pockets of the poor
It is easy to become fixated on growth, even when it holds little promise of a better life for all — and has fed the climate crisis
The government is walking a tightrope as civil servants embark on industrial action over pay
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Data released this week gave credence to the view that South Africa may be headed for another technical recession
Decline in the country’s GDP – largely due to record-levels of load-shedding – puts the size of the economy back below pre-pandemic levels
But jobless levels are still above those prior to the Covid-19 pandemic, which saw 2.2 million people lose employment
The government has struggled to claw back business confidence after the state capture years.
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Business-led innovation is one of the factors could help close the empowerment and sustainability gaps
Implementing the country’s many masterplans demands capacity and focus from a department that has been pulled in different directions
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The department’s minister, Stella Ndabeni-Abrahams, said small businesses are expected to propel economic growth
Party delegates chant ‘load-shedding’ as President Cyril Ramaphosa prepares to deliver his political report
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With the economy in crisis, worsened by load-shedding, the fiscus must be more responsive
Growth in the third quarter is encouraging, but analysts have cautioned against viewing the data as a sign of the economy’s improved health
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Analysts were expecting far more modest GDP growth, considering the mixed bag of economic data for the third quarter
Economist don’t expect an upgrade anytime soon, but the country is in a better position to claw back its investment grade rating
Our problems are load-shedding, high unemployment, unfavourable investment conditions, corruption and collapsing infrastructure
Critics of fiscal consolidation warned that spending cuts would harm an already fragile economy
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The Reserve Bank governor has cautioned against ‘reckless’ fiscal and monetary policies amid global shocks
A healthier public purse could signal better days ahead, but a lot remains to be seen
Two of the monetary policy committee’s five members preferred an even more painful 100 basis point hike, as bank remains hawkish
South Africa’s jobless rate is one of the highest in the world — and bringing it down significantly could take years
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This is according to some economists, who say the Reserve Bank got ahead of the curve before inflation became entrenched
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The government’s failed attempts to address unemployment have left many without work, but there are ways to effectively overcome this
The rand has managed to withstand even the strongest global headwinds, but it is unlikely it will continue to hold steady in the wake of the Fed’s aggression
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Last month’s budget was positive about the trajectory of the economy but near-term growth projection are only slightly higher than during South Africa’s darkest years
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The country’s economy shrank by 6.4% in 2020 but real GDP increased by 4.9% in 2021
Appropriate policy, supported by a social compact by labour, business, communities and the government, can maximise the opportunities of the just transition
The president’s strategy to stop the unemployment crisis from spiralling includes cutting red tape and focusing on infrastructure investment