The transport and mining industries were the key contributors to fourth quarter GDP growth
A report suggests that government could save R150 billion in wasteful expenditure if it stopped overpaying its contractors
About 3.9 million people in South Africa are beneficiaries of the grant, which is currently at R2 080 per person a month
The country’s jobs data comes the day before the tabling of what looks to be another tightly managed budget
In this instalment of The Fiscal Cliff – a Mail & Guardian series on how South Africa’s budget has been shaped – Sarah Smit considers the intimate link between the country’s ultra-high unemployment rate and austerity
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After the release of the December inflation data, Investec chief economist Annabel Bishop said the Reserve Bank is likely to remain hawkish amid upside risks
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World food and fuel costs have dropped but grocery prices at local supermarkets remain unaffordably high
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The business community initially welcomed him. But the past five years have disappointed — and the private sector has only recently been given a turn at the economy’s steering wheel
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The GDP decline comes despite an improvement in energy generation during the quarter, suggesting logistical constraints and interest rates are choking the economy
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The debt counselling process is not always smooth, as a Durban homeowner who fell into arrears on her mortgage has discovered
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South Africa’s economy added 399 000 people to the workforce in the third quarter of 2023
The country’s population now exceeds 62 million people, who are mostly living in formal housing with access to utilities
In the wake of a food affordability crisis, prices at retail level are not controlled and the government is at arm’s length
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A pause in the interest rate hiking cycle in July led to an increase in motor trade sales for the month
Retail trade sales decreased for the eighth consecutive month showing that consumers are still cash-strapped
Inflation accelerated to 4.8% year-on-year in August, up from 4.7% in July, according to data from Statistics South Africa
The country is under pressure to meet the demands of an evolving job market
The improvement in confidence was helped by the change in attitude of affluent consumers, who were spooked by severe load-shedding and the Russian cargo ship debacle in the previous quarter
The inflation rate eased to 4.7%, the lowest since August 2021
About 1 000 women in KwaZulu-Natal’s Valley of a Thousand Hills, who have been affected by the ravages of HIV/Aids, will take part in the event
Despite the economy recovering to its pre-pandemic level, South Africa’s jobless rate is still higher than it was at the beginning of 2020
Electricity consumption dropped by 3.2% year-on-year in June, because of plant breakdowns and unscheduled maintenance
The slowdown will probably influence the central bank’s decision on interest rates
Production was dragged down mainly by diamonds and platinum-group metals
Investing in alternative energy results in the middle class cutting out luxuries to pay off debt
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The headline rate eased to 6.3% year-on-year in May, down from 6.8%
There are no capitalist witches controlling policymakers to keep people poor. Politicians are responsible for a stuck economy
The country’s economy expanded 0.4% in the first quarter, but analysts warn not to expect growth or recovery anytime soon
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The first quarter growth has put the country’s GDP at just above its pre-pandemic level
The minister of mineral resources and energy, Gwede Mantashe, assured the mining community that he is still working towards reducing load-shedding
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The rand strengthened ahead of Wednesday’s inflation data, but it still held above R19 against the dollar
The largest negative contributors to the decrease were retailers in food, beverages, tobacco and general dealers