Economy Of South Africa
latest news & developments
The South African economy: Nobody knows what happens next
Rough models show that over R600-billion in GDP could be lost, along with two million jobs. That would mean Covid-19 has a worse impact than the 2008 global recession
Richard Calland: Covid-19 can have positive outcomes
Democracy and social welfare may get a boost and blind capitalism may see that it’s unsustainable
Varsities need cash to stay ahead: South Africa has too much to lose from cost cuts
Unless the government acts now, we will leave our children with a legacy of scientific colonialism.
South Africa is Africa’s largest economy (again). But what does it mean?
South Africa has toppled Nigeria and reclaimed its status as the largest economy in Africa.
A downgrade to junk status will hurt everyone
The question is: Can those in government work together to claw back an investor-friendly status for South Africa?
Massive foreign sell-off jolts SA
Foreign investors pulled R12.8-billion in one week, the biggest outflow since 2008, casting a harsh light on policy direction and the trade deficit.
Rand slips to all-time low on heritage day
As SA markets took the day off on heritage day the rand dipped past 14 to the dollar for the second time in four weeks and slipped to an all-time low.
Gold goes the way of oil – down, down down; commodity markets will sweat this year
Though gold is still South Africa’s top export, it has slipped from being the world’s biggest producer in 2006 and is now in sixth position.