Latest articles on GDP

Austerity budget unpacked

The finance minister has said it’s not an austerity project. But the numbers and economists disagree

Financial sector increases its government debt to 22%

The banking sector will be in a vulnerable position if the national treasury does not stabilise its debt

Tito’s budget tries to boost economic growth and arrest debt

Government spending has reached a record 41.7% of GDP, and the budget deficit has widened from 5.7% in 2019 to an estimated 14%

Snip, snip: Mboweni eyes wage bill, other future spending cuts

Last year, the finance minister noted that increased government spending has failed to promote growth over the past decade

Budget: Mboweni pegs recovery hopes on vaccine efficacy, lower public wage increases

The treasury forecasts 3.3% growth, but warns this will fall to 1.6% if the fledgeling vaccination programme fails to stem successive Covid waves

The numbers don’t lie: Tito Mboweni must focus on the long game, experts say

Experts offer their advice about what Finance Minister Tito Mboweni should focus on in next week’s budget speech

R350 a month: Inside the lives of special grant recipients

The Covid-19 relief grant helped millions of South Africans, but it ended in January. The M&G spoke to unemployed youth who found the money helpful

Repo rate remains unchanged at 3.5%

The South African Reserve Bank’s MPC has decided to keep the repo rate unchanged, at 3.5%, to let the actions it took last year trickle down into the economy

How to rescue SA’s ailing economy

2020 was a challenging year for everybody, with no growth forecast in the economy, fears of a deep recession and a jobs bloodbath. Three experts contextualise this situation, focusing on what can be done in 2021 to slow down the spiral into an economic abyss

Editorial: Don’t get risky on the rebound

We need to keep looking out for each other. Otherwise those economic gains will be wiped out as the body count grows

South Africa records impressive economic recovery

The country’s economy grew at an annualised rate of 66.1%, marking the strongest pace of expansion since at least 1993

Biodiversity is crucial for South Africa’s food security

Farming must embrace sustainable, regenerative agriculture practices to secure our future

The price of violence: R145-billion

The costs include expenditure on security, justice and health rather than on productive efforts, investment is driven away and psychological effects results in lower productivity

Tax the super rich and raise inflation to cut state debt, inequality and poverty

The richest 10% of South Africans own over 85% of all private wealth and a once-off 25% tax would reduce government debt by more than half. Imagine what a five-year wealth tax could do

Public wage bill is impeding SA’s growth prospects — Busa

Business Unity South Africa is eager to talk to its social partners at Nedlac about how the spiralling public-sector wage bill can be tamed. And the organisation says these talks need to happen soon

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Latest

Don’t be deceived: Covid-19 vaccines are not for sale

Police warn against fake Covid-19 vaccines and urge the public to report any criminal activities

Zondo deplores ‘attempted killing’ of state capture witness who implicated Molefe

The deputy chief justice says an attack on one witness may deter many others from giving evidence

State’s failure to act leaves Mpumalanga community at land grabbers’ mercy

Mpumalanga land claimants have been failed by state organs, whose officials are not helping them to remove land invaders, despite a court order

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