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
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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
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Student debt is growing quickly and, if something doesn’t change, it could jeopardise the country’s already struggling economy
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The country has struggled to recover jobs after Covid-19’s economic onslaught
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With fewer people visiting branches, opting to seek services online, something has to give
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South Africa’s jobless rate is one of the highest in the world — and bringing it down significantly could take years
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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
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The country needs a greener economy but energy specialists say policymakers must ensure the creation of a fairer economy in the process
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This is according to some economists, who say the Reserve Bank got ahead of the curve before inflation became entrenched
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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
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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
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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
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Data sovereignty is a key priority for governments and other entities as they migrate to public cloud services
Last month’s budget was positive about the trajectory of the economy but near-term growth projection are only slightly higher than during South Africa’s darkest years
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The country’s economy shrank by 6.4% in 2020 but real GDP increased by 4.9% in 2021
A basic income grant could add 0.5% to GDP growth by 2025, according to a report commissioned by the National Economic Development and Labour Council.
The monetary policy committee has voted to lift the repo rate by another 25 basis points as advanced economies mull policy tightening
Covid-19 cast the economy adrift, but a less punishing new phase of the pandemic could set it back on track
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Third quarter GDP numbers have interrupted a four quarter economic growth streak because of the July unrest.
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The largest drops in the third quarter were in the agriculture sector, trade and manufacturing.
The central bank has been criticised for hiking interest rates to the detriment of employment
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Experts’ strategies for fixing the unemployment crisis range from devaluing the rand to a universal income grant or accepting debt from loans
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Godongwana warns that the outer limits of the budget are non-negotiable as a debt cliff loomed
The Covid-19 pandemic led to an unprecedented widening of the budget deficit and a spike in debt stock but a commodity price surge gave the treasury room to breathe.
Inadequate electricity supply and the effects of the Covid-19 pandemic remain a binding constraint on economic recovery in the near term, says the treasury
The Democratic Alliance tabled its ‘alternative’ medium-term budget with its own projections, ahead of Finance Minister Enoch Godongwane’s maiden budget on Thursday