It’s not sustainable for every employed person to support three others, analysts say
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
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
Third quarter GDP numbers have interrupted a four quarter economic growth streak because of the July unrest.
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
Experts’ strategies for fixing the unemployment crisis range from devaluing the rand to a universal income grant or accepting debt from loans
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
Unpaid labour, primarily done by women, played an essential role in sustaining society during the pandemic – now policymakers must give this work its proper due
Analysts say the Reserve Bank could start tightening monetary policy as early as next month
The South African informal economy market is much sought-after, with the big, formal-sector supermarkets all looking to grow their share
Corporate South Africa is rolling out the big guns to spike momentum towards a universal basic income grant that threatens to expose their sick graveyard economy
Social grants are by far the largest facet of South Africa’s social protection system in terms of the number of people covered, according to the World Bank
A rebuttal to Colin Coleman’s remarks at the National Investment Dialogue suggests South Africa certainly has a debt problem
Inflation rose well beyond the Reserve Bank’s midpoint target in August
Speaking at a book launch on Tuesday, the finance minister said a focus on manufacturing is critical to stem the country’s deepening unemployment crisis
The private sector, labour and government have been thrashing out ways to increase vaccinations and to restart the economy
Vaccine passports prove to be a contentious issue for tourism, hospitality and restaurant sectors as some welcome them and some have fears of placing another hurdle ahead of economic growth
The economy grew for the fourth consecutive quarter, but the country is playing catch-up to its peers
‘The unrest presents an untimely and negative effect on SA’s growth prospects,’ said Godongwana, adding that this could last for the next six quarters
GDP rose 1.2% in the second quarter, but future growth indicators will likely be hit by July’s looting and unrest, as well as a dip in commodity prices
Statistics South Africa has overhauled its GDP data, which now show that the economy was 11% larger in 2020 than previously estimated
Serame Taukobong says, if done right, the auction of new broadband spectrum will help level the playing field
The mining industry is riding a wave that will eventually crash, analysts warn
Higher oil prices can increase the costs of living and doing business, and South Africa’s oil imports will also likely rise in the second half of 2021, but there are a few reasons to remain positive too