Hardware, paint and glass, pharmaceuticals and medical goods, as well as cosmetics and toiletries were the biggest drag on growth
Prices have slowly retreated from their July peak, when inflation increased at its highest rate since 2009
Growth in the third quarter is encouraging, but analysts have cautioned against viewing the data as a sign of the economy’s improved health
Analysts were expecting far more modest GDP growth, considering the mixed bag of economic data for the third quarter
Statistics South Africa says 204 000 jobs were gained between the second quarter and the third quarter of 2022
Consumer inflation hit 7.6% year-on-year in October, bucking the downward trend that had been anticipated after the July ‘peak’
The increase will probably add to the South African Reserve Bank’s hawkishness, with analysts expecting another large repo rate hike on Thursday
Analysts are expecting the Reserve Bank to remain hawkish amid still high inflationary pressures and a weak rand
National Youth Service work opportunities are benefiting early childhood development access in under-resourced areas
Inadequate rail capacity has pushed more trucks, and costs, onto municipal roads, which are steadily deteriorating
On a month-on-month basis retail trade sales decreased for the fourth consecutive month showing that consumers are still cash-strapped
Health department aims to make healthier food choices easier as part of this year’s National Nutrition Week
Workers are in the throes of a cost of living crisis, which could force the government to fold on its hard line against more spending
An increase in foreign direct investment could be the way to unlock economic opportunity
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
Nearly half of South African women are left out of the country’s labour force — and gender-friendly budgeting could fix that
The labour federations want a basic income grant of R1 500 and for a drop in the price of food, fuel, electricity and interest rates to
The labour minister noted many informal workers had been excluded from the country’s Covid-19 relief scheme
With fewer people visiting branches, opting to seek services online, something has to give
South Africa’s jobless rate is one of the highest in the world — and bringing it down significantly could take years
Local government must prioritise indigent households in terms of providing water, electricity, sewerage and solid waste services but need to improve how they identify these families
Consumer inflation surged again, after piercing the South African Reserve Bank’s ceiling for the first time in five years
It is of great concern that the census still does not include questions relating to sexual orientation and excludes transgender, intersex and non-binary persons
Some of the conditions in which the July unrest occurred have abated but others, such as the spiralling cost of living, have worsened
The higher producer prices come after consumer inflation also bucked consensus expectations
Producer price inflation reached 13.1% in April, marking the highest print since 2012
Resilience alone in the face of crisis is not what will get us through. It needs to be coupled with intentional investment and support to address the reality of our country’s youth
Inflation has breached the ceiling of the Reserve Bank’s target range for the first time in more than five years
There is a danger that they will be locked out of various job opportunities if they continue to be excluded from these educational fields
The government’s failed attempts to address unemployment have left many without work, but there are ways to effectively overcome this
But forecasters are expecting the jobless rate to stay elevated, as load-shedding and inflation take their toll
High food and fuel prices have prompted trade unions to make bigger wage demands, which will exert upward pressure on longer-term inflation