The anticipated GDP figures released by Stats SA have satisfied market expectations that the country would miss a technical economic downturn.
GDP data is expected to show SA rebounded from a contraction but there still remains little momentum to spur economic growth.
The platinum strike's final kick and data releases from the US and Europe will head this week's economic news.
Here is your guide to the data releases, central bank meetings and other events likely to drive markets in the week ahead.
Trade and tax data have improved the outlook marginally, but consumer spending remains cautious.
Finance Minister Pravin Gordhan's final Budget speech before elections in May is a masterplan to please the masses.
We need a way to measure whether our nations are progressing, in terms of the real things that matter to real people, writes Michael Green.
South Africa's structural problems are holding back growth and job creation, warns the International Monetary Fund.
The rand has slumped to the lowest in more than four years after a report showed growth in Africa's biggest economy slowed in the first quarter.
Finance Minister Pravin Gordhan's budget has shown taxpayers will not see increases in income tax or VAT but sin taxes and fuel levies will go up.
Economic growth pleasantly surprised the market with an increase of 2.1% but analysts are still warning of tough times ahead.
America's "fiscal cliff", the name given to the hundreds of billions of dollars in tax rises and spending cuts, will dominate the economic week.
All the gushing about growth largely ignores the continent's political risks and challenges, says Dianna Games.
The mining sector's wildcat strikes has left a deeper dent in the SA economy than expected with only a 1.2% real gross domestic product increase.
Over the coming days, US President Barack Obama will begin talks on the country's fiscal cliff, while China will wrap up its leadership transition.
While the financial crisis deepens in other parts of the world, the African growth story has just begun, but it's not clear what role SA will play.
The economic week ahead will blow in with a massive storm in the US - the world's largest economy - and end with vehicle sales figures here in SA.
Foreign direct investment flows into South Africa has tumbled 43.6% in the first half of 2012 compared to the same period last year.