Recession
latest news & developments
A return to tariff walls: The largest trade shock since the 1930s
The economic fallout includes a risk of US recession and global trade network disruptions, but history shows that patient investors may be rewarded as market volatility settles…
Africa’s better future
The world is changing and alliances shifting which presents opportunities for the continent if the citizenry is engaged
Is Ramaphosa and Manuel’s feted economic plan delayed or dead?
With most of the NDP targets way off the mark, our fiscal path defers the NDP goals by another decade, if we are lucky, while an incapable state will spell its death
After Telkom, more tech sector lay-offs on the cards
Telkom plans to retrench 15% of its employees across the group as the sector rebalances after the online boom during the pandemic
Editorial: Who is to blame for the Eskom crisis?
There’s not just one person to blame for decades of mismanagement of an electricity crisis that was made known some 25 years ago
Reserve Bank changes to keep economy afloat are dead in the water
The ANC has made the call for more flexible monetary policy before, but has dithered in seeing it through
Brace for another big repo rate hike, even as inflation softens
Analysts are expecting the Reserve Bank to remain hawkish amid still high inflationary pressures and a weak rand
Europe’s winter extends coal’s hot streak
But analysts say the fossil fuel’s boom will probably be short-lived as the turn to renewable energy picks up
GDP contracts as SA’s sluggish economy embarks on a go-slow
Global dynamics and South Africa’s energy crisis will weigh on domestic growth for years to come. But green investment could, eventually, resuscitate the economy
Sasol betting big on natural gas
The company’s earnings have soar given the energy crunch caused by Russia’s war on Ukraine — and it’s betting on another fossil fuel to carry it into the future
Inflation hits 7.8% – a level not seen since the global financial crisis
Labour unions have embarked on a nationwide strike over the high cost of living
South African inflation hits the highest mark since 2009 joining global economy struggles against rising food and fuel prices
Consumer inflation surged again, after piercing the South African Reserve Bank’s ceiling for the first time in five years
Relief: Government must guard SA’s poor against inflation’s assault
It could prove difficult for government to loosen its grip on the public purse, but economists say the current extraordinary circumstances require intervention
Editorial: The coming catastrophe of higher food, fuel prices for South Africa’s middle class
Consumers, who have remained resilient despite South Africa’s economic woes over the past decade, are being squeezed on all fronts. What are the policy options? Or is it the same…
Rand offers cold comfort amid global inflation storm
The rand has managed to withstand even the strongest global headwinds, but it is unlikely it will continue to hold steady in the wake of the Fed’s aggression