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Tag: Recession

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...

2023-Quo Vadis?

This Latin phrase asks the question – ‘where are we marching’ or where are we going, and wouldn’t we all like to know. FOR our...

As the next economic recession sweeps the globe, here’s how to recession-proof your money

According to the International Monetary Fund’s (IMF) World Economic Outlook, global challenges such as the Covid-19 pandemic, high inflation, volatile markets and the war...

Tightening belts for a recession? Don’t skimp on cyber security

Is the global economy headed into a recession? South Africa's economy has been flirting with a contracting state for several years. Numerous signs point...

Higher interest rates no solution

By Fanie Brink, Independent Agricultural Economist THE Reserve Bank will, just like the US Federal Reserve, European Central Bank and other central banks in the...

Government urged to ‘act now or face a recession’

The government needs to make difficult and unpleasant economic decisions if it wants to avoid a recession. It was the overall feeling of economists commenting...

7 things you need to know today

1. Business confidence eases as more realistic outlook prevails Business sentiment weakened in January, with executives painting a more realistic outlook compared with the euphoria...

South Africa moves out of recession

StatsSA has published the latest GDP data for South Africa, showing that the country’s economy grew by 2.2% in the three months through September...

These charts show South Africa’s recession may be over

South Africa is likely to emerge from its first recession in almost a decade as monthly indicators for the third quarter signal a modest...

Storm clouds gathering for SA consumers, economists warn

Storm clouds are gathering and are about to burst for consumers, economists warned, after poor GDP data released this week confirmed that South Africa...

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