Tag Archives: Economy

Struggling South Africans are paying nearly R300 more for food than nine months ago

Posted on May 26, 2021 by Augustus Consulting

FacebookTwitterLinkedinemailPrintSuthentira Govender, Sowetan Live, 26 May 2021 South Africans are paying nearly R300 more for the average food basket in May compared to September last year. Read More

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Load-shedding ‘cripples’ water operations in parts of Durban, leaving residents without a drop

Posted on January 18, 2021 by Augustus Consulting

FacebookTwitterLinkedinemailPrintSuthentira Govender, Sowetan Live, 18 January 2021 The eThekwini municipality has blamed load-shedding for several areas in Durban going without water at the weekend. Read More

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Rising government debt reason for SA economy downgrade

Posted on November 23, 2020 by Augustus Consulting

FacebookTwitterLinkedinemailPrintSABC News, 23 November 2020 Moody’s and Fitch Ratings agencies both downgraded South Africa’s sovereign credit rating deeper into sub-investment territory or junk status, after the close of the JSE on Friday. Read More

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Coronavirus pandemic worsens SA’s already fragile economy: Report

Posted on August 1, 2020 by Augustus Consulting

FacebookTwitterLinkedinemailPrintAmina Accram, SABC News, 31 July 2020 Persistent electricity shortages, rising government debt, and policy uncertainty will continue to hold back investment and underscore low growth for South Africa in 2020. This is according to a newly-released report. Read More

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South Africa loses 3 000 jobs in first quarter – Stats SA

Posted on July 28, 2020 by Augustus Consulting

FacebookTwitterLinkedinemailPrintANA Reporter, 28 July 2020 South Africa shed 3,000 jobs in the non-agriculture sector in the first quarter of the year, the national statistics agency said on Tuesday. Read More

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Recession & food crisis looms for Africa – World Bank

Posted on April 13, 2020 by Augustus Consulting

FacebookTwitterLinkedinemailPrintGabriel Seeber, City Press, 13 April 2020 Africa’s forecast of 2.4% growth for the year has been dealt a deathblow by the global Covid-19 coronavirus pandemic. Read More

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