In 2019 SMMEs provided employment to about 47% of the workforce, with their total economic output accounting for about 20% of GDP
Food-price inflation has a direct effect on people’s lives — and it hits the poor the hardest
Central banks massively underestimated inflation risks as economies bounced back from the pandemic-induced slump
The government’s most urgent to-do list: vaccinate, stimulate the economy, and return the rule of law
Some countries are placing the state at the centre to battle the problems caused by Covid-19 rather than relying solely on the markets
Statistics South Africa has overhauled its GDP data, which now show that the economy was 11% larger in 2020 than previously estimated
It is becoming clear SA needs a BIG, as many ANC cabinet members, opposition parties and experts agree. But there is still dissent from some quarters
This content is restricted to subscribers only.
Join the M&G Community
Our commitment at the Mail & Guardian is to ensure every reader enjoys the finest experience. Join the M&G community and support us in delivering in-depth news to you consistently.
Subscribe
Subscription enables:
- – M&G community membership
- – independent journalism
- – access to all premium articles & features
- – a digital version of the weekly newspaper
- – invites to subscriber-only events
- – the opportunity to test new online features first
Already a subscriber?
Login here.
Last week’s violence will likely slow South Africa’s economic growth, the central bank’s monetary policy committee said on Thursday afternoon
Critics argue that South Africa’s latest submission to the UN Committee on Economic, Social and Cultural Rights is a unilateral and fraught exercise
The global brewer paid billions to gain a foothold in South Africa, but the deal wasn’t all it was cracked up to be
Covid-19 had an immediate effect on informal businesses, which fell from 1.6-million enterprises in the first quarter of 2020 to 1.2-million in the second
GDP growth may be encouraging but it doesn’t mean much for SA’s millions of unemployed
The economy is not producing work, with many young adults working outside their fields of study or considering leaving the country as a result
This content is restricted to subscribers only.
Join the M&G Community
Our commitment at the Mail & Guardian is to ensure every reader enjoys the finest experience. Join the M&G community and support us in delivering in-depth news to you consistently.
Subscribe
Subscription enables:
- – M&G community membership
- – independent journalism
- – access to all premium articles & features
- – a digital version of the weekly newspaper
- – invites to subscriber-only events
- – the opportunity to test new online features first
Already a subscriber?
Login here.
Countries with the biggest industrialised economies could see an average loss of 8.5% of economic value by 2050, according to an Oxfam analysis
The South African Reserve Bank governor believes the state has to spur growth, restore the country’s public finances and arrest debt to escape the economic slump
This decision is despite the finance minister and the bank’s chief executive dismissing the UDM leader’s allegations as unfounded
Reserve Bank stands at the ready to act if the rise in inflation threatens to become permanent
The self-employed were nearly three times less likely to work during the hard lockdown, economists found
Over the last year, amid lockdowns and recession, the number of part-time jobs increased while full-time jobs took a cut in South Africa
This content is restricted to subscribers only.
Join the M&G Community
Our commitment at the Mail & Guardian is to ensure every reader enjoys the finest experience. Join the M&G community and support us in delivering in-depth news to you consistently.
Subscribe
Subscription enables:
- – M&G community membership
- – independent journalism
- – access to all premium articles & features
- – a digital version of the weekly newspaper
- – invites to subscriber-only events
- – the opportunity to test new online features first
Already a subscriber?
Login here.
The already turbulent labour market could see more strain if aspiring students lose out
But the country’s GDP growth in the fourth quarter of last year shows positive signs of recovery, at 6.3%
Experts say there is no evidence yet to show that government-funded employment schemes work long term
The world cannot afford ‘safe havens’ in which the virus can thrive and evolve and threaten us all
According to Statistics South Africa, the unemployment rate reached 32.5% in the last months of 2020 — the highest since the quarterly labour-force survey began
On Tuesday energy regulator Nersa announced that it would allow the ailing power utility to recover an additional R10-billion through tariffs.
During a podcast discussion, the ailing power utility’s chief executive said there would be efforts to avoid further hurting distressed businesses
The president focuses on the economy and Covid-19 in his 2021 Sona, but his pledge of SA’s rebirth is undermined by corruption and factionalism
Conditions in South Africa and elsewhere are fertile ground for big-man authoritarian populism to take root
As the world moves into a recovery period, we must not forget the least developed countries
Building a domestic market for local goods not only creates employment, but also makes South Africa a more resilient market forc
The AfCFTA is set to be implemented at the same time as the globe tackles post-Covid-19 recovery. Deeping continental integration can help to boost economies, particularly if stemming illicit financial flows is prioritised
The governing party wants localisation at the centre of its infrastructure-led strategy