Gdp
latest news & developments
Budget: debt peaks but growth lags
The projected economic growth trajectory remains insufficient to address structural unemployment
Economists split on whether 2026 budget marks a real turning point
The growth outlook is insufficient to alter unemployment dynamics, some argued
South Africa to earmark R1.58 trillion towards social services
National treasury officials said the costing for the deployment of soldiers in crime-affected areas — as announced by President Cyril Ramaphosa, his Sona, had not yet been done
South Africa’s economy to grow by 1.6% in 2026 from 1.4% last year
Over the next three years, growth is projected to average 1.8% and reach 2% by 2028
High levels of corruption cripple SA municipalities but government optimistic about improvements, Ramokgopa says
Minister in the presidency for planning, monitoring and evaluation said there had been progress in implementing the country’s medium-term development plan, running from 2024 to…
Year-end blues of hits and misses
A reflection on hope, rejection, and resilience in a tough 2025—reminding us that even without the call, the dream isn’t cancelled, just delayed
Festivals: When celebration becomes a catalyst for change
Events such as the Luxurious Marble Circus is backed by sponsorship that brings people together, creates jobs and is a driver for social and environmental change
Africa’s G20 moment: A moral call for justice and global solidarity
Hunger, exclusion from education and Africa’s debt is more than policy failure, inequality and poor planning, it is the theft of dignity, potential and oppression
Reserve Bank cuts rate by 25 basis points to 7.25%
The announcement comes as the bank foresees lower global interest rates and a weaker outlook for the local economy
Godongwana keeps medium-term infrastructure spending above R1tn to boost ailing economy
The finance minister said the expenditure would be carried out ‘without compromising the fiscal strategy of sustainable public finances’
Reserve Bank holds interest rate at 7.5%
The monetary policy committee said it remains vigilant amid risks to inflation outlook on the global and domestic front
Godongwana clings to VAT increase but halves initial proposal
The minister conceded that the measure did not have support across the political spectrum
South Africa needs to learn from disasters
A re-think of how we live, relate to other sentient beings and consume will allow us to ‘learn, unlearn and relearn’ to convert disasters into strengths
South Africa’s economy expands by 0.6% in fourth quarter of 2024
The agriculture sector was up 17.2% and was the largest contributor to GDP growth during the period
Mining has life, in spite of hitches
The industry has the potential to grow if there is more investment in exploration projects