Tag: GDP
Economy escapes a recession, but still stuck in the lowest gear
Following an upwardly revised GDP contraction of 1.1% q/q (previously 1.3% q/q contraction) in 4Q22, the economy defied our expectation of a mild technical...
Africa must sustain minimum growth rate of 7-10% of GDP say experts
EXPERTS examining an ongoing study of key factors underlying development in Africa have emphasized the need for the continent to sustain annual growth rates...
GPD shrinks by 7%
The South African economy contracted by 7% in 2020, Statistician-General, Risenga Maluleke, has revealed.
Maluleke on Tuesday briefed media on the results of the Gross...
COVID-19 – What can we learn from the past?
The coronavirus outbreak has sent worldwide fear across financial markets amid concerns of a hit to the global economy. Although it is still too...
Budget 2020: the right intent, but the challenge remains daunting
BUDGET 2020 is the best we could have hoped for in difficult circumstances. In essence, it aims to constrain consumption spending relative to capital...
5 big changes proposed for South Africa’s ‘broken’ timeshare industry
The National Consumer Commission (NCC) has released a new report on South Africa’s timeshare industry – which is estimated to contribute as much as R3.5 billion...
Further economic deterioration inevitable
"The Medium-Term Budget Framework Statement (MTBRS) that the Minister of Finance, Tito Mboweni, submitted today to Parliament is a very clear evidence that the...
How much it costs to open a top franchise in South Africa – and...
The Franchise Association of South Africa (FASA) has released its latest franchise survey for 2018.
Despite a challenging year, the survey found that...
SA’s first-quarter GDP takes a knock, shrinks by 2.2%
South Africa's real gross domestic product fell by 2.2% in the first quarter of 2018, Stats SA announced on Tuesday.
Statistician general Risenga...
South Africa’s GDP grew by 2% due to agriculture
South Africa’s economy expanded 2% in the third quarter of the year down from an upwardly revised 2.8% recorded in the second quarter –...
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