Better than expected inflation outcomes domestically and globally back the case for the central bank to cut the repo rate to 8%, economists said This content is restricted to…
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…
Investors will struggle to look beyond the country’s energy and logistics crises
Today, as the country awaits the next update on the state of its public purse, the prospect of a debt crisis seems more imminent than before. This is as South Africa’s fiscal…
Mining windfall helped SA’s financial position, but lower revenues and additional spending will delay the end of fiscal consolidation
A bigger alliance will give the group extra economic heft, but it remains to be seen whether its members can speak in one voice
The recent rand crash has led some to believe another 50 basis point rise is on the horizon, despite a view that further hiking will do little to tame inflation
The currency, which is usually a bellwether for other emerging markets, has diverged from global trends – thanks in large part to the energy crisis
Any gains made at the beginning of the year could be undone as the protests and the ongoing Covid-19 lockdown threaten business confidence
Reserve Bank governor Lesetja Kganyago makes a case for a lower target, though the trade union federation prefers job creation
The already turbulent labour market could see more strain if aspiring students lose out
But the country’s GDP growth in the fourth quarter of last year shows positive signs of recovery, at 6.3%
VAT should not be hiked, but a once-off levy on mineral resources or a solidarity tax seems likely
The country’s economy grew at an annualised rate of 66.1%, marking the strongest pace of expansion since at least 1993
StatsSa has dubbed Q2 of 2020 the “pandemic quarter” as a result of hard Covid-19 lockdown that saw most sectors of the economy plummeting