Latest articles on Gross Domestic Product

South Africa’s GDP contracts 2%, entrenches recession

Stats SA’s latest GDP figures show the country’s economy has shrunk 2% in the first quarter of 2020

SA’s economy expected to contract by 7.2% in 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

Inequality manifests in stimulus

Structural forces mean emerging economies can’t offer the necessary Covid-19 fiscal-relief packages

Ramaphosa announces R500-billion Covid-19 package for South Africa

President announces an ‘extraordinary coronavirus budget’ with R20-billion for healthcare and spending on the pandemic equal to 10% of national GDP

IMF talks are yet to begin

Measures to contain Covid-19, including the lockdown, are costly and hurt the economy

No money to spare as GDP set to fall

With little money to respond to Covid-19, the government is looking at other sources of funding

Incentivise the adoption of 4IR technologies

With great rewards for bringing new technologies into different sectors will come great opportunities for South Africa’s economy

The South African economy: Nobody knows what happens next

Rough models show that over R600-billion in GDP could be lost, along with two million jobs. That would mean Covid-19 has a worse impact than the 2008 global recession

Social protection policies can help to combat Covid-19, and mitigate its effects

The global pandemic has highlighted the importance of national health insurance, mandatory sick leave and unemployment benefits

Visit the Mail & Guardian‘s Coronavirus Hub for the latest data and advice on the disease in South Africa.

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Latest

Locally built ventilators ready in two weeks as Covid cases rise

The companies making the non-invasive devices, which will create jobs and are cheaper than other types, include car and diving manufacturers

Demolition of hope in Hangberg

The City of Cape Town in June twice knocked down structures on land allocated for other purposes. The city says these were not evictions; residents ask why no police are available for rapes and murders

Corruption allegations: It’s a family affair at Dihlabeng municipality

The mayor, her relatives and their friends keep landing lucrative tenders and using state resources. Yet Lindiwe Makhalema has failed to declare the list of her relationships with people and companies benefiting from the municipality

Press Releases

Balwin properties and Absa launch South Africa’s first green home loan

Balwin Properties’ Edge registration of over 16 000 units was a global first, covering more homes than any single property developer in the world to date

Young professional gets a career boost from PSETA

SAICA makes ongoing efforts to encourage the professionalisation of financial offices in private and public sector organisations

Colgate-Palmolive South Africa donates one million bars of soap

The combination of limited access to quality soap and a lack of knowledge of how to properly wash hands is a challenge in many vulnerable communities

Cheque value bundles – real value

Most people do not pay much attention to what bank account they have and whether or not it is suited to their daily realities

Absa Rewards puts cash in your pocket

In addition to the cash benefits, you will receive special offers and exclusive deals from selected Absa Rewards partners

Municipal audit outcomes reveal public sector financial management must be professionalised

SAICA calls for a review of the mandatory minimum skills and qualifications required for all key financial management positions within the public sector

Eleven ways to protect yourself against fraud

While financial services firms work continuously to improve security, fraudsters are always devising new plans to circumvent the latest safety measures

Security and Compliance Evolution in the Data Revolution

Organisations must adopt a risk-based approach to compliance and rely on technology to mitigate that risk and on people and process controls as well

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