Current Account Deficit
latest news & developments
If the inflation-driving supply strain in the US lasts, it could put South Africa in a chokehold
In South Africa, a strong trade surplus, buoyed by robust commodity prices, will cushion our economy against pressure arising from US policy
Jitters over current account deficit
A surprise widening of the current account deficit has been attributed to the high volume of imports and dividend and interest payments.
Economic week ahead: SA current account deficit
The rand may come under pressure, the US job market is expected to continue stabilising and London’s property boom appears to be fizzling.
Rand fluctuates ahead of current-account deficit data
The rand was volatile as it anticipated Tuesday’s release of data on the current-account deficit.
Current-account gap widens, household spending up
South Africa’s current-account deficit widened in the third quarter, partly due to a fall in receipts after the boost from the Soccer World Cup.
World Cup spend shrinks current-account gap
Inflows related to the Soccer World Cup helped narrow South Africa’s current-account deficit to a six-year low in the second quarter.
SA’s current-account gap widens in first quarter
The deficit on South Africa’s current account widened more than expected in the first quarter.
SA current-account deficit widens
The deficit on South Africa’s current account widened more than expected to 7% in the first quarter of 2009.
SA’s trade gap swells in November
SA’s trade deficit widened to R12,1-billion in November largely due to higher vehicle imports and lower precious metals exports.
Current account gap widens as global economy slows
South Africa’s current account deficit widened to 7,9% of gross domestic product in the second quarter of 2008, partly due to a slower global economy.