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Despite Q3 bounce, South African economy in contraction

Despite Q3 bounce, South African economy in contraction

Recovery is expected to continue albeit at a much slower pace, experts say.

BRICS Business Council promotes cooperation

BRICS Business Council promotes cooperation

Members said awareness about the alliance should be boosted in a period of increased economic and trade volatility.

South African economic growth revised lower

South African economic growth revised lower

A collapse in household and business income led to a surge in job losses and business closures.

Ramaphosa unveils economic recovery plan

Ramaphosa unveils economic recovery plan

South Africa had one of the earliest and most severe national lockdowns in the world.

Mine rehabilitation leaves inspiring legacy

Mine rehabilitation leaves inspiring legacy

Researchers from all over the world come to South Africa to work with these collections at the Iziko Museum.

Monetary policy failed to cushion consumers in Q2

Monetary policy failed to cushion consumers in Q2

Household consumption expenditure accounted for 61.7 per cent of the economy in the second quarter.

BRICS New Development Bank issues second COVID-19 Response bond

BRICS New Development Bank issues second COVID-19 Response bond

The NDB aims to provide up to US$10 billion in crisis-related assistance.

South Africa moves to Level 1 lockdown

South Africa moves to Level 1 lockdown

South Africa seems to have passed the peak in the number of cases with the daily Covid-19.

South African economy has unprecedented collapse in Q2

South African economy has unprecedented collapse in Q2

The OECD said that a sound growth strategy could deliver quick wins in terms of job creation and potential growth.

South Africa to move to Level 2 lockdown

South Africa to move to Level 2 lockdown

The move to lockdown level 2 means that restrictions will be eased in several sectors.

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