Economic Recovery
latest news & developmentsJoburg 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
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
South Africa’s economy shrinks by 0.3% in the third quarter
Economists incorrectly predicted a slight uptick in GDP
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
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
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
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
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
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
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
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
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
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
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
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