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Tag Archives: Economy
Load shedding crisis: ‘We have left it for too long and it’s too late’
FacebookTwitterLinkedinemailPrintMarizka Coetzer, The Citizen, 8 December 2022 It’s going to be tough for Santa to find his way around South Africa for the foreseeable future as a multitude of factors saw Eskom bump the country back up to stage 6 … Continue reading
SA economy rallies to expand by 1.6% in Q3- STATS SA
FacebookTwitterLinkedinemailPrintNokukhanya Mntambo, Eyewitness News, 6 December 2022 Stats SA said that the country’s economy grew by 1.6% in the third quarter of 2022 after contracting by 0.7% in the second quarter. Read More
Stats SA: GDP increases by 1.6% in third quarter of 2022
FacebookTwitterLinkedinemailPrintThe Citizen, 6 December 2022 Stats SA has announced that South Africa’s gross domestic product (GDP) increased by 1.6% in the third quarter of 2022. Read More
Government still faces massive challenge in fostering job growth: Cosatu
FacebookTwitterLinkedinemailPrintSABC News, 29 November 2022 Congress of South African Trade Unions (Cosatu)’s Parliamentary Coordinator, Matthew Parks, says the government still faces a massive challenge in fostering the conditions for job growth, despite the one percentage point decrease in the unemployment … Continue reading
Consumers must brace for more rate hikes until meaningful inflation decline
FacebookTwitterLinkedinemailPrintIna Opperman, The Citizen, 22 November 2022 Consumers must brace for more repo rate hikes until there is a meaningful decline in the inflation rate. Read More
SA’s repo rate hiked by 75 basis point
FacebookTwitterLinkedinemailPrintDevina Haripersad, The Citizen, 24 November 2022 The South African Reserve Bank’s Monetary Policy Committee has hiked the repo rate by 75 basis points to 7% per year, with effect from 25 November 2022. Read More