Tag Archives: Economic Crisis

Load shedding hits agriculture hard, says Agri Western Cape

FacebookTwitterLinkedinemailPrintMariska Botha, SABC News, 14 March 2020 Agri Western Cape says load shedding is crippling the agriculture sector. Read More

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South Africa’s business confidence sinks to 21-year low: Survey

FacebookTwitterLinkedinemailPrintReuters, 11 March 20202 South Africa’s business confidence sank to a 21-year low in the first-quarter, a survey showed on Wednesday, as recovery in the building, manufacturing and retail sectors in the last quarter reversed in the country grappling with … Continue reading

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BREAKING | South Africa in recession after shock economic slump

FacebookTwitterLinkedinemailPrintSibongile Khumalo, Fin24, 3 March 2020 The South African economy shrank by 1.4% in the fourth quarter of 2019, according to new Gross Domestic Product (GDP) numbers, released by Statistics SA on Tuesday. Read More

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SA’s economy enters 70th month of downward cycle

FacebookTwitterLinkedinemailPrintPrinesha Naidoo, Bloomberg News, 25 September 2019 South Africa’s economy remains stuck in its longest downward cycle since 1945, adding to pressure on the government to implement reforms to lift business confidence and boost growth. Read More

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Things could get tougher for SA consumers, says economist

FacebookTwitterLinkedinemailPrintKgomotso Modise, Eyewitness News, 15 August 2019 While the latest retail trade figures show a slight increase in consumer confidence, there were fears that pressure on consumers’ income may still decrease sales. Read More

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SA stocks approach six months low as recession fears rise

FacebookTwitterLinkedinemailPrintReuters, 14 August 2019 South African stocks slipped to a near six-month low on Wednesday after the US Treasury bond yield curve inverted for the first time since 2007, reflecting concerns over the outlook for the world’s biggest economy. Read … Continue reading

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