The country’s economy grew at an annualised rate of 66.1%, marking the strongest pace of expansion since at least 1993
Farming must embrace sustainable, regenerative agriculture practices to secure our future
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
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
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
Minister of public works and infrastructure Patricia de Lille and President Cyril Ramaphosa call for corruption crackdown in government during talks with investors on infrastructure development project in Midrand
The mid-term budget policy statement delivered by the finance minister proposes cutting all non-interest spending by R300-billion.
Perhaps the government does want us to know how bad things really are
A 10-point plan for streamlining South Africa’s economy
The gross domestic product numbers are likely to be gloomy, but the economy is not at ground zero
The OECD predicts a 7.5% contraction in South Africa’s GDP, with an 8.2% contraction if a second wave of Covid-19 is not avoided
Repo rate drops to 3.5% as Reserve Bank predicts a 7.3% contraction in South Africa’s GDP
Stats SA’s latest GDP figures show the country’s economy has shrunk 2% in the first quarter of 2020
The economy is in a depressed state, and Finance Minister Tito Mboweni has called for cautious use of the country’s finances to avert plunging into a sovereign debt crisis
The finance minister will cut departments’ allocations according to their cloth as one measure, and savings will have been made from underspend during the lockdown
The continent’s interconnectedness is what will be its catalyst for recovery
The sector is incredibly vulnerable but has largely been overlooked in government’s neal attempts to deal with our current crisis
President announces an ‘extraordinary coronavirus budget’ with R20-billion for healthcare and spending on the pandemic equal to 10% of national GDP
With great rewards for bringing new technologies into different sectors will come great opportunities for South Africa’s economy
South Africa was well-placed for the 2008 crisis. But R3.18-trillion debt and low growth hamper its ability to limit the economic effects of Covid-19
The latest economic figures and the effect of the coronavirus on the global economy are bad news for South Africa’s already tepid domestic growth outlook
The tourism sector adds unique value to the economy and overall development of the country and this should be further built upon
The country’s economy grew by only 0.2% in 2019, after it experienced contractions in both the third and fourth quarter
Most sectors of the economy reported negative growth, with mining, manufacturing and transport suffering the biggest falls
Although economists say there is room now for SARB to cut the repo rate in order to strengthen the economy – the central bank kept it unchanged
South Africa should capitalise on the bloc’s resources, including advanced technology and innovation
The continent’s greedy lending to Africa is driving the migration wave that fuels the European Union’s xenophobic politics
Equatorial Guinea spends its oil revenue on prestige projects and not on health and education
Governments don’t protect plant genetic resources, resulting in biodiversity destruction and growers dependent on seeds supplied by firms
The numbers were up, by 3.1% from the first to second quarters, largely because Eskom kept the lights on
Experts say the increase in GDP is largely a result of a decrease in load-shedding in the second quarter
President Teodoro Obiang Nguema’s 40th anniversary in power will be marked by a series of events in three main cities