As consumers and businesses reel from tough conditions, insurers have expressed uncertainty over whether there is room for growth
As the deteriorating economic conditions threaten to ignite another bout of social upheaval, we should consider our options for a co-ordinated blaze
Data released this week gave credence to the view that South Africa may be headed for another technical recession
There are positives and negatives to the AI revolution, but African states first need reliable power and connectivity to reap the benefits
Decline in the country’s GDP – largely due to record-levels of load-shedding – puts the size of the economy back below pre-pandemic levels
The government has struggled to claw back business confidence after the state capture years.
The country’s energy crisis stands to shave two percentage points off growth in 2023
Other factors are inflation and interest rate hikes while load-shedding has affected key sectors
The country must focus on increasing the use of existing production capacity and subsidising new and emerging industries
Implementing the country’s many masterplans demands capacity and focus from a department that has been pulled in different directions
There is much to suggest that global economic disaster is not assured, or even likely, in the near future
With the economy in crisis, worsened by load-shedding, the fiscus must be more responsive
Growth in the third quarter is encouraging, but analysts have cautioned against viewing the data as a sign of the economy’s improved health
Analysts were expecting far more modest GDP growth, considering the mixed bag of economic data for the third quarter
Consumer inflation hit 7.6% year-on-year in October, bucking the downward trend that had been anticipated after the July ‘peak’
Critics of fiscal consolidation warned that spending cuts would harm an already fragile economy
Two of the monetary policy committee’s five members preferred an even more painful 100 basis point hike, as bank remains hawkish
Global dynamics and South Africa’s energy crisis will weigh on domestic growth for years to come. But green investment could, eventually, resuscitate the economy
Student debt is growing quickly and, if something doesn’t change, it could jeopardise the country’s already struggling economy
The country has struggled to recover jobs after Covid-19’s economic onslaught
With fewer people visiting branches, opting to seek services online, something has to give
South Africa’s jobless rate is one of the highest in the world — and bringing it down significantly could take years
A new report delves into the view that the private sector is key to combatting violence against women and recommends that companies should include their efforts in corporate reports
The country needs a greener economy but energy specialists say policymakers must ensure the creation of a fairer economy in the process
This is according to some economists, who say the Reserve Bank got ahead of the curve before inflation became entrenched
The continent’s tech must take centre stage and show the world what we have to offer
Some of the conditions in which the July unrest occurred have abated but others, such as the spiralling cost of living, have worsened
The first-quarter economic growth was attributed to growth in eight industries, according to Statistics SA’s data
But forecasters are expecting the jobless rate to stay elevated, as load-shedding and inflation take their toll
The rand has managed to withstand even the strongest global headwinds, but it is unlikely it will continue to hold steady in the wake of the Fed’s aggression
High prices have been more stubborn than previously expected, forcing monetary policymakers to react
It’s not sustainable for every employed person to support three others, analysts say