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South Africa economy expands 4.6% in Q1

South Africa economy expands 4.6% in Q1

In the first quarter 2021, inventories once again had to be drawdown as there was a slow start to the year in manufacturing.

South Africa moves to Level 2 lockdown

South Africa moves to Level 2 lockdown

While the restriction on large gatherings is welcome, vaccines are needed urgently to stem the bleeding of the South African economy.

South Africa’s Democratic Alliance Innovation Summit highlights progress

South Africa’s Democratic Alliance Innovation Summit highlights progress

The summit focused on four areas – Covid response, economic development, energy security and water resilience.

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.

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