Tag: Economy
Government’s economic stimulus package to be made public soon, says presidency
The economic stimulus package adopted by the cabinet will reprioritise government spending within the existing fiscal framework.
The economic stimulus package adopted by...
Probe into Metrorail’s failings gets under way
Cape Town - The public protector's office has met with the chairperson of the standing committee on transport and public works, Nceba Hinana, and...
NETSOL Technologies Goes Live in South Africa with German Auto Manufacturing Giant
NETSOL Technologies, Inc. (NASDAQ: NTWK), a global business services and enterprise application solutions provider, has successfully implemented its NFS Ascent Contract Management System (CMS) in South...
Sanlam urges SA to tone down on policy to lift growth
The government must provide policy certainty and tackle its problems one at a time if it is to pull the country out of its...
FirstRand braces for tough times
DURBAN – FirstRand is anticipating tougher trading conditions in South Africa as the country entered a technical recession, but the group remains confident that...
SA is not actually in a recession – economist Roelof Botha
South Africa is not in a recession, despite the latest gross domestic product (GDP) figures released by Statistics SA, economist Roelof Botha said on Thursday.
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South African recession is ‘transitional issue’ – Ramaphosa
JOHANNESBURG - South Africa’s slide into recession is a “transitional issue” from which the economy will soon recover, President Cyril Ramaphosa said in comments published...
10 things you need to know about SA’s first recession since 2009
Stats SA announced on Tuesday that the country's real gross domestic product contracted by 0.7% in the second quarter of 2018. This follows a revised...
Rand slumps as SA enters recession for first time since 2009
PRETORIA - South Africa entered recession in the second quarter for the first time since 2009, data showed on Tuesday, in a stinging blow...
Motoring master plan in top gear
PRETORIA – About 99 percent consensus had been reached with the automotive industry about the new master plan that would replace the current Automotive...