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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.

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.

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.

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.

OECD Survey highlights barriers to growth in South Africa

OECD Survey highlights barriers to growth in South Africa

The sharp drop in economic activity adds to long-standing challenges and raises the urgency of structural reforms.

BRICS New Development Bank issues inaugural 3-year bond

BRICS New Development Bank issues inaugural 3-year bond

Such emergency loans could be used to finance direct expenses such as procuring protective gear for health workers.

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