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Tag Archives: Economy
SA’s economy shrinks by 1.3%: Stats SA
FacebookTwitterLinkedinemailPrintNaledi Ngcobo, SABC News, 7 March 2023 Data released by Statistics South Africa shows that the country’s economy contracted by 1.3% in the fourth quarter of 2022. Read More
Economists downbeat ahead of release of GDP figures
FacebookTwitterLinkedinemailPrintNaledi Ngcobo, SABC News, 6 March 2023 Economic growth is expected to have slowed in the fourth quarter of 2022, on the back of intense load shedding, a rise in the cost of living, high interest rates and elevated levels … Continue reading
Even tougher financial times ahead for consumers, warns Banking Ombudsman
FacebookTwitterLinkedinemailPrintIna Opperman, The Citizen, 11 February 2023 The Ombudsman for Banking Services is warning consumers that tough financial times are waiting for them in 2023. Read More
Tougher times ahead for consumers following Eskom’s tariff hike
FacebookTwitterLinkedinemailPrintAmina Accram, SABC News, 12 January 2023 Consumers should brace themselves for tougher times ahead after Nersa granted Eskom an electricity tariff hike of 18.65%. Read More
Consumer confidence increases again, but no great outlook for 2023
FacebookTwitterLinkedinemailPrintIna Opperman, The Citizen, 9 December 2022 Consumer confidence increased again for the third quarter after plunging to -25 index points during the second quarter. Read More
Eskom rolling blackouts poses risk to SA’s financial stability: SARB
FacebookTwitterLinkedinemailPrintAmina Accram, SABC News, 8 December 2022 The South African Reserve Bank (SARB) says rolling blackouts are posing a risk to the financial stability of the country. Read More
