Tag: Recession
Worst over for manufacturing?
South Africa's purchasing managers' index (PMI) rose for a second month in a row last month, indicating the worst of the dip in the...
The County’s emergence from recession a relief to business
The County’s emergence from recession is both a relief and a source of encouragement for business,” says the Cape Chamber of Commerce and Industry.
“It...
Africa’s two biggest economies likely out of recession
Africa’s two biggest economies likely emerged from recession in the second quarter but strong growth won’t show up until business confidence is restored, a...
South Africa’s stock market defies recession, scales record highs
South Africa’s main stock index scaled a record high on Monday, underscoring the market’s disconnect from an economy mired in recession, hobbled by damaging...
SA officially in recession after shock GDP number
The plunge into a technical recession is the result of the failure to manage our economy efficiently and bad governance," says the Cape Chamber...
Technical recession indicates SARB is behind the curve on rate cuts
The recent announcement that South Africa has officially entered a technical recession – characterised by two consecutive quarters of negative GDP growth – indicates...
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