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Search: recession

South Africa’s economy narrowly avoids a recession
Business
/ 5 March 2024

South Africa’s economy narrowly avoids a recession

The transport and mining industries were the key contributors to fourth quarter GDP growth

By Anathi Madubela
Signs point to SA having avoided a technical recession
Business
/ 4 March 2024

Signs point to SA having avoided a technical recession

According to economists, the country’s fourth-quarter GDP numbers will have been buoyed by a winding down of power outages

By Anathi Madubela
SA economy avoids technical recession, grows 0.4%
Business
/ 6 June 2023

SA economy avoids technical recession, grows 0.4%

The first quarter growth has put the country’s GDP at just above its pre-pandemic level

By Sarah Smit
Blackouts add to risk of recession
Business
/ 21 January 2023

Blackouts add to risk of recession

Other factors are inflation and interest rate hikes while load-shedding has affected key sectors

By Anathi Madubela
Social media booms as recession looms: TikTok leads in business-to-business marketing
Opinion
/ 18 January 2023

Social media booms as recession looms: TikTok leads in business-to-business marketing

Meltwater’s Global State of Social Media 2023 report finds it is the main tool used for increasing brand awareness

By Katherine McInnes
Inflation, recession and Opec+: What is in store for consumers?
National
/ 17 October 2022

Inflation, recession and Opec+: What is in store for consumers?

‘The worst is yet to come,’ the IMF said about the global economy this week. But, for now at least, South Africa’s inflation looks to be subsiding

By Sarah Smit
South Africa on weak footing amid global recession fears
Business
/ 22 June 2022

South Africa on weak footing amid global recession fears

A deep downturn is unlikely, analysts say. But, if it does happen, another recession will be even more difficult to recover from

By Sarah Smit
GDP, recession, JSE, rallying rand … these terms mean very little to unemployed South Africans. This is the real picture of our economy
National
/ 10 June 2021

GDP, recession, JSE, rallying rand … these terms mean very little to unemployed South Africans. This is the real picture of our economy

The economy is not producing work, with many young adults working outside their fields of study or considering leaving the country as a result

By Khaya Koko and Bongekile Macupe
South Africa’s economy is in a severe recession
Business
/ 8 September 2020

South Africa’s economy is in a severe recession

StatsSa has dubbed Q2 of 2020 the “pandemic quarter” as a result of hard Covid-19 lockdown that saw most sectors of the economy plummeting

By Tshegofatso Mathe
South Africa’s GDP contracts 2%, entrenches recession
Business
/ 30 June 2020

South Africa’s GDP contracts 2%, entrenches recession

Stats SA’s latest GDP figures show the country’s economy has shrunk 2% in the first quarter of 2020

By Thando Maeko
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