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
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
Measures need to lay the foundations of a new economy and society post the pandemic
The extent and length of the journey depend on a few factors, but a hard landing seems unavoidable
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.
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
The country’s economy grew by only 0.2% in 2019, after it experienced contractions in both the third and fourth quarter
Negative rates are seriously spooking markets. Money managers are used to getting a positive return on their investments
South Africa’s economy fell into a technical recession in the first half of 2018
How land reform will be achieved in South Africa continues to limit near-term investment
The consensus among leading economic officials is that while the next global crisis may not be imminent, now is the time to prepare for it
Mabuza maintained that analysis of South Africa’s quarterly economic data painted a bleaker picture than the one which would emerge from annual data
Finance Minister Nhlanhla Nene said it would be hard for government to implement ambitious social security programmes without growing tax revenues
The DA says it has a plan to help the economy recover, and the focus is on stimulating small businesses
Hopes are pinned on the economic stimulus package but uncertainty bedevils the economy
Other than a possible recovery in the agricultural sector, there is nothing to get excited about
The South African economy contracted by 0.7% in the second quarter of 2018, following a revised 2.6% contraction in the first quarter
The economy is looking shakier than ever after Stats SA announced that it had shrank by 0.7% quarter-on-quarter
Given this economic uncertainty, households should save during boom times so that they can survive during a recession
The economic recession in Brazil has been reversed and the Brazilian economy has grown for the last two consecutive quarters.
South Africa’s recently announced economic recovery plan failed to break away from the cumbersome neo-liberal line.
South Africa’s gross domestic product has rebounded with 2.5% growth for the second quarter of the year.
Experts warn state clinics and hospitals are likely to further deteriorate as the public purse shrinks.
"Two consecutive quarters of negative growth is the most widely accepted definition of a recession, according to StatsSA"
It is successive ANC governments that have allowed a culture of waste, corruption and nepotism to fester under their watch.