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Economic Recovery

Joburg Crisis Alliance questions ‘quick wins’ focus of presidential working group
National
/ 12 May 2025

Joburg Crisis Alliance questions ‘quick wins’ focus of presidential working group

Civil society says officials should break the cycle of grand promises and weak follow-through if Johannesburg is to be rebuilt into a world-class city

By Nkateko Joseph Mabasa
KZN and Western Cape water woes under control, for now, ahead of  festive season
The Green Guardian
/ 5 December 2024

KZN and Western Cape water woes under control, for now, ahead of  festive season

Both Durban and Cape Town are enjoying some respite from high levels of E.Coli in beach water

By Lyse Comins
South Africa’s economy shrinks by 0.3% in the third quarter
Business
/ 3 December 2024

South Africa’s economy shrinks by 0.3% in the third quarter

Economists incorrectly predicted a slight uptick in GDP

By Anathi Madubela
Cyril Xaba tipped for eThekwini mayor, but ANC in the city opposes appointment
Politics
/ 20 June 2024

Cyril Xaba tipped for eThekwini mayor, but ANC in the city opposes appointment

It is not clear whether the ANC will vote with its government of national unity partners

By Paddy Harper
SMMEs call for inclusion in reviving the post-Covid tourism sector
Business
/ 7 March 2022

SMMEs call for inclusion in reviving the post-Covid tourism sector

In 2019 SMMEs provided employment to about 47% of the workforce, with their total economic output accounting for about 20% of GDP

By Anathi Madubela
New strategies are required to control food-price inflation
Opinion
/ 31 January 2022

New strategies are required to control food-price inflation

Food-price inflation has a direct effect on people’s lives — and it hits the poor the hardest

By Jayati Ghosh
World Economic Forum: ‘2022 will be like navigating an obstacle course’
Business
/ 24 January 2022

World Economic Forum: ‘2022 will be like navigating an obstacle course’

Central banks massively underestimated inflation risks as economies bounced back from the pandemic-induced slump

By Sarah Smit
2022 must be a year of action
Opinion
/ 10 December 2021

2022 must be a year of action

The government’s most urgent to-do list: vaccinate, stimulate the economy, and return the rule of law

By Mzukisi Qobo
Resilience is forged in the crucible of crisis
Opinion
/ 23 September 2021

Resilience is forged in the crucible of crisis

Some countries are placing the state at the centre to battle the problems caused by Covid-19 rather than relying solely on the markets

By Mzukisi Qobo
New GDP data and missing mining figures sow uncertainty among forecasters
Business
/ 6 September 2021

New GDP data and missing mining figures sow uncertainty among forecasters

Statistics South Africa has overhauled its GDP data, which now show that the economy was 11% larger in 2020 than previously estimated

By Sarah Smit
The basic income grant is surely on the horizon
National
/ 29 July 2021

The basic income grant is surely on the horizon

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

By Lizeka Tandwa, Sarah Smit and Emsie Ferreira
Riots cause Reserve Bank to revise growth expectations
Business
/ 22 July 2021

Riots cause Reserve Bank to revise growth expectations

Last week’s violence will likely slow South Africa’s economic growth, the central bank’s monetary policy committee said on Thursday afternoon

By Sarah Smit
Civil society coalition condemns South Africa’s report to the UN on inequality
National
/ 7 July 2021

Civil society coalition condemns South Africa’s report to the UN on inequality

Critics argue that South Africa’s latest submission to the UN Committee on Economic, Social and Cultural Rights is a unilateral and fraught exercise

By Luke Feltham
SAB takes the fizz out of AB InBev as Covid bans increase pressure
Business
/ 5 July 2021

SAB takes the fizz out of AB InBev as Covid bans increase pressure

The global brewer paid billions to gain a foothold in South Africa, but the deal wasn’t all it was cracked up to be

By Sarah Smit
Covid undoes a decade of progress in small-business ownership
Business
/ 25 June 2021

Covid undoes a decade of progress in small-business ownership

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

By Sarah Smit
Economy’s signs of life mean little for the poor
Business
/ 11 June 2021

Economy’s signs of life mean little for the poor

GDP growth may be encouraging but it doesn’t mean much for SA’s millions of unemployed

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
Climate change will hit G7 economies harder than Covid, research finds
Business
/ 7 June 2021

Climate change will hit G7 economies harder than Covid, research finds

Countries with the biggest industrialised economies could see an average loss of 8.5% of economic value by 2050, according to an Oxfam analysis

By Sarah Smit
Kganyago: Monetary policy entails trade-offs
Business
/ 5 June 2021

Kganyago: Monetary policy entails trade-offs

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

By Sarah Smit
Scopa to investigate claims of mismanagement at DBSA
National
/ 2 June 2021

Scopa to investigate claims of mismanagement at DBSA

This decision is despite the finance minister and the bank’s chief executive dismissing the UDM leader’s allegations as unfounded

By Chris Gilili
Repo rate unchanged even as inflation risks grow
Business
/ 20 May 2021

Repo rate unchanged even as inflation risks grow

Reserve Bank stands at the ready to act if the rise in inflation threatens to become permanent

By Sarah Smit
Covid kills a decade of employment growth in SA
Business
/ 8 May 2021

Covid kills a decade of employment growth in SA

The self-employed were nearly three times less likely to work during the hard lockdown, economists found

By Sarah Smit
There is less full-time work than there was a year ago
Business
/ 17 April 2021

There is less full-time work than there was a year ago

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

By Sarah Smit and M&G Data Desk
NSFAS funds, jobs for youth dry up
Business
/ 12 March 2021

NSFAS funds, jobs for youth dry up

The already turbulent labour market could see more strain if aspiring students lose out

By Sarah Smit
South African economy contracts 7% in 2020 amid Covid-19 slump
Business
/ 9 March 2021

South African economy contracts 7% in 2020 amid Covid-19 slump

But the country’s GDP growth in the fourth quarter of last year shows positive signs of recovery, at 6.3%

By Sarah Smit
Will job creation schemes fix the unemployment crisis?
Business
/ 4 March 2021

Will job creation schemes fix the unemployment crisis?

Experts say there is no evidence yet to show that government-funded employment schemes work long term

By Sarah Smit
Why a trickle-down approach to vaccine access is not a viable strategy
Africa
/ 25 February 2021

Why a trickle-down approach to vaccine access is not a viable strategy

The world cannot afford ‘safe havens’ in which the virus can thrive and evolve and threaten us all

By Mimi Alemayehou and Donald Kaberuka
Dreams of Covid recovery dashed by rising unemployment
Business
/ 23 February 2021

Dreams of Covid recovery dashed by rising unemployment

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

By Sarah Smit
Eskom makes proposals to protect the poor from power price hikes
Business
/ 17 February 2021

Eskom makes proposals to protect the poor from power price hikes

On Tuesday energy regulator Nersa announced that it would allow the ailing power utility to recover an additional R10-billion through tariffs.

By Sarah Smit
Eskom electricity hikes won’t shock SA’s battered economy — De Ruyter
Business
/ 16 February 2021

Eskom electricity hikes won’t shock SA’s battered economy — De Ruyter

During a podcast discussion, the ailing power utility’s chief executive said there would be efforts to avoid further hurting distressed businesses

By Sarah Smit
Sona 2021: Ramaphosa offers a hope that his own party seeks to destroy
Politics
/ 11 February 2021

Sona 2021: Ramaphosa offers a hope that his own party seeks to destroy

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

By M&G Reporters
Richard Calland: Fascism is the post-pandemic threat
Opinion
/ 4 February 2021

Richard Calland: Fascism is the post-pandemic threat

Conditions in South Africa and elsewhere are fertile ground for big-man authoritarian populism to take root

By Richard Calland
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