Gross Domestic Product

Minister in the presidency for planning, monitoring and evaluation said there had been progress in implementing the country’s medium-term development plan, running from 2024 to…

The agriculture sector was up 17.2% and was the largest contributor to GDP growth during the period

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 needs to cough up for an effective basic income grant if it wants to achieve a 6% GDP growth rate

The largest drops in the third quarter were in the agriculture sector, trade and manufacturing.

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…

Low interest rates usually encourage spending, but uncertainty created by the pandemic has driven people to save their cash in hard times

The South African Reserve Bank cautioned that if it was not for load-shedding, the country’s economy could have been stronger

The already turbulent labour market could see more strain if aspiring students lose out

But the country’s GDP growth in the fourth quarter of last year shows positive signs of recovery, at 6.3%

The finance minister has said it’s not an austerity project. But the numbers and economists disagree

Government spending has reached a record 41.7% of GDP, and the budget deficit has widened from 5.7% in 2019 to an estimated 14%

Last year, the finance minister noted that increased government spending has failed to promote growth over the past decade

Finance Minister Tito Mboweni has the difficult task of kick-starting a stalled economy while also cutting on spending

Experts offer their advice about what Finance Minister Tito Mboweni should focus on in next week’s budget speech