Latest articles on Recession

Ramaphosa: We want investment pledges to translate into new jobs

To move out of South Africa’s economic funk, Ramaphosa is prioritising the materialisation of pledges made at the previous investment conferences.

Global job losses linger after lockdowns

Developing countries have been hit harder by the Covid-19 downturn than in past economic crises

Q&A Sessions: A focused recovery plan will guide us — Trudi Makhaya

Trudi Makhaya, the president’s economic adviser, talks to Tshegofatso Mathe about her upbringing, favourite books, Covid-19 and solutions to get our country out of its economic stagnation, family, reading, books, literature

‘We are painstakingly putting things right’ — Ramaphosa

Talking to the media, President Cyril Ramaphosa said he too was frustrated by the slow pace of justice around corruption, but that ‘the change that we have all wanted to see is unfolding’

South Africa’s economy is in a severe recession

StatsSa has dubbed Q2 of 2020 the “pandemic quarter” as a result of hard Covid-19 lockdown that saw most sectors of the economy plummeting

Eusebius McKaiser: Dear ANC superfans, let’s talk

ANC superfans are so vested in a romantic vision of a political party with a great past that they struggle to accept the realities of what this party has become.

This time it’s different: African economies may not survive

Amid the headwinds created by the Covid-19 pandemic, it’s time the Aloe ferox, which survives in dry, harsh conditions, is nurtured — but the options are limited

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

‘Don’t be afraid of fresh ideas’

The finance minister has found money for the Covid crisis, but the cupboard is bare and he warns that a fiscal crisis is possible in 2024

‘The silent road outside my house was the sound of a coming recession’

John Davenport's Google survey of 500 people shows that people are twice as scared of the economic effects of Covid-19 than they are of catching the virus

Macroeconomic policy options beyond Covid-19 depression

Measures need to lay the foundations of a new economy and society post the pandemic

The Great Recession looms in South Africa’s future

The extent and length of the journey depend on a few factors, but a hard landing seems unavoidable

A chance to ‘reimagine South Africa’

President Cyril Ramaphosa is set to announce the government's long-awaited economic stimulus plan to deal with the effects of Covid-19. The key will be getting loans for a stimulus without ‘selling’ the country.

GDP is stuck in the doldrums

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

South Africa’s economy plunges into a recession

The country’s economy grew by only 0.2% in 2019, after it experienced contractions in both the third and fourth quarter

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Traditional healers need new spaces

Proper facilities supported by well-researched cultural principles will go a long way to improving the image and perception of the practice of traditional medicine

Limpopo big-game farmer accused of constant harassment

A family’s struggle against alleged intimidation and failure to act by the authorities mirrors the daily challenges farm dwellers face

Zondo tightens his grip with criminal complaint against Zuma

The state capture commission’s star witness now faces a criminal complaint and another summons

Press Releases

Western Cape SMBs look to technology to get them through pandemic

Many companies have over-capitalised on IT infrastructure in the past, and are looking for ways to access simpler, cheaper technology that cuts their costs

Land reform still a hot potato

The land has got to belong to all the people of South Africa, and many believe that there’s no other mechanism for that except expropriation

UP chemical pathology scientists develop ground-breaking nanobodies for Covid-19 detection and therapy

Nanobodies are smaller than conventional antibodies and easier to work with so they are ideal for good cheap sensitive rapid tests for Covid-19

Inclusion as learned experience in higher education

Understanding the complexity of intersections between oppressions relating to race and gender is key to any commitment to creating a culture of inclusion and social justice

Local government in crisis: how it can be fixed

Local governments are supposed to promote non-racial development, in a decentralised manner, but the reality does not match up

Covid-19 accelerates adoption of technology by the African property sector

It’s not the technology itself that is valuable, it’s the opportunities that it creates: this may be the perfect time for reinvention

BE 1 OF 8 LUCKY PEOPLE TO DRIVE OFF WITH R80 000

From 23 to 30 November 2020, simply purchase any BMW bearing the number “8” and you could be one of eight lucky people to drive off with R80 000

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