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Recession

A return to tariff walls: The largest trade shock since the 1930s
Thought Leader
/ 10 April 2025

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 and rebounds take shape.

By Arthur Kamp
Africa’s better future
Editorial
/ 3 November 2023

Africa’s better future

The world is changing and alliances shifting which presents opportunities for the continent if the citizenry is engaged

By Editorial
Is Ramaphosa and Manuel’s feted economic plan delayed or dead?
Editorial
/ 29 September 2023

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

By Editorial
After Telkom, more tech sector lay-offs on the cards
Business
/ 25 February 2023

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

By Anathi Madubela
Editorial: Who is to blame for the Eskom crisis?
Editorial
/ 27 January 2023

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

By Editorial
Reserve Bank changes to keep economy afloat are dead in the water
Business
/ 10 January 2023

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

By Sarah Smit
Brace for another big repo rate hike, even as inflation softens
Business
/ 21 November 2022

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

By Sarah Smit
Europe’s winter extends coal’s hot streak
Business
/ 9 September 2022

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

By Sarah Smit
GDP contracts as SA’s sluggish economy embarks on a go-slow
Business
/ 6 September 2022

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

By Sarah Smit
Sasol betting big on natural gas
Business
/ 29 August 2022

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

By Sarah Smit
Inflation hits 7.8% – a level not seen since the global financial crisis
Business
/ 24 August 2022

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

By Sarah Smit
South African inflation hits the highest mark since 2009 joining global economy struggles against rising food and fuel prices
Business
/ 20 July 2022

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

By Sarah Smit
Relief: Government must guard SA’s poor against inflation’s assault
Business
/ 6 July 2022

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

By Sarah Smit
Editorial: The coming catastrophe of higher food, fuel prices for South Africa’s middle class
Editorial
/ 3 June 2022

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 old, same old

By Editorial
Rand offers cold comfort amid global inflation storm
Business
/ 5 May 2022

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

By Sarah Smit
What’s in store for the African continent in 2022?
Africa
/ 10 January 2022

What’s in store for the African continent in 2022?

Conflict hotspots, most in the Sahel region, will continue to dominate the news this year, while a number of countries will hold key elections.

By Alex Vines
PODCAST: South Africa and South Africa with Covid-19, part 2
Podcasts
/ 17 November 2021

PODCAST: South Africa and South Africa with Covid-19, part 2

Join in the second part of our discussion with economist Sifiso Skenjana.

By M&G Listen
GDP, recession, JSE, rallying rand … these terms mean very little to unemployed South Africans. This is the real picture of our economy
National
/ 10 June 2021

GDP, recession, JSE, rallying rand … these terms mean very little to unemployed South Africans. This is the real picture of our economy

The economy is not producing work, with many young adults working outside their fields of study or considering leaving the country as a result

By Khaya Koko and Bongekile Macupe
Listen to women and youth to enable recovery from the pandemic
Business
/ 19 April 2021

Listen to women and youth to enable recovery from the pandemic

Women in the personal services sector and young people have been hard hit by the pandemic in terms of employment, but they struggled even before Covid-19

By Precious Moloi-Motsepe
Bitcoin booms in Nigeria as naira flags
Africa
/ 1 April 2021

Bitcoin booms in Nigeria as naira flags

Nigeria’s central bank has repeatedly warned against the risks of investing in cryptocurrencies and even ordered local banks to close accounts trading in them.

By Segun Olakoyenikan
31 years after independence, Namibians aren’t in a festive mood
Africa
/ 18 March 2021

31 years after independence, Namibians aren’t in a festive mood

Namibians celebrated when the southern African nation gained independence on 21 March 1990. Henning Melber explains why Namibians are not in a festive mood as they mark 31 years of freedom

By Henning Melber
NSFAS funds, jobs for youth dry up
Business
/ 12 March 2021

NSFAS funds, jobs for youth dry up

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

By Sarah Smit
Assets, wealth revolution on the go
Business
/ 11 December 2020

Assets, wealth revolution on the go

Financiers are ‘impact investing’ by shifting their support to investment products that prioritise environmental, social and governance issues

By Tshegofatso Mathe
South Africa records impressive economic recovery
Business
/ 8 December 2020

South Africa records impressive economic recovery

The country’s economy grew at an annualised rate of 66.1%, marking the strongest pace of expansion since at least 1993

By Sarah Smit
Ramaphosa: We want investment pledges to translate into new jobs
Business
/ 18 November 2020

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.

By Tshegofatso Mathe
Global job losses linger after lockdowns
Business
/ 24 September 2020

Global job losses linger after lockdowns

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

By Sarah Smit
Q&A Sessions: A focused recovery plan will guide us — Trudi Makhaya
Business
/ 19 September 2020

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

By Tshegofatso Mathe
‘We are painstakingly putting things right’ — Ramaphosa
Coronavirus
/ 9 September 2020

‘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’

By Sipho Kings
South Africa’s economy is in a severe recession
Business
/ 8 September 2020

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

By Tshegofatso Mathe
Eusebius McKaiser: Dear ANC superfans, let’s talk
Opinion
/ 11 August 2020

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.

By Eusebius McKaiser
This time it’s different: African economies may not survive
Business
/ 19 July 2020

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

By Eddie Rakabe
South Africa’s GDP contracts 2%, entrenches recession
Business
/ 30 June 2020

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

By Thando Maeko
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