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Recent Posts
- Inflation surges to 4% in April, the highest in 18 months
- SA’s unemployment figures rises to 32.7%
- Water crisis to top Presidential Coordinating Council’s agenda
- Tshwane sets aside over R2 billion for water, power upgrades
- AgriSA calls for fuel relief amid food price concerns
- Iran conflict to drive up fuel, food and living costs in SA
- Consumer inflation slows to 3%
- Government steps up fight against corruption in water sector
- Consumer inflation edges down to 3.5% as food and fuel prices ease
- High water demand straining SA’s infrastructure: Majodina
- AgriSA welcomes AGOA one-year extension
- Household food basket price up again, but slightly less than a year ago
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Tag Archives: Economy
Most South Africans need about two thirds of salary to pay debts – report
FacebookTwitterLinkedinemailPrintIna Opperman, The Citizen, 8 November 2022 Most income groups need about two thirds of their take home salary to pay their debts and with no meaningful increase in real income, the combination of rising interest rates and inflation is … Continue reading
Rand nears weakest point in two years as load shedding continues
FacebookTwitterLinkedinemailPrintCheryl Kahla, The Citizen, 25 October 2022 The US dollar made gains on Tuesday as the Rand weakened to its lowest point in two years, with load shedding being one of the driving factors. Read More
Global interest rates will affect people living in South Africa
FacebookTwitterLinkedinemailPrintSABC News, 27 September 2022 The World Bank has expressed concern about the impact of the current global financial challenges on emerging and developing economies. Read More
SA’s 0.7% GDP decline means possible job, wage cuts on horizon
FacebookTwitterLinkedinemailPrintInna Opperman, The Citizen, 6 September 2022 The new gross domestic product (GDP) data is not good news for consumers, with the latest fall in real GDP meaning that the size of South Africa’s economy in the second quarter was … Continue reading
South Africa remains the most unequal country in the world: World Bank
FacebookTwitterLinkedinemailPrintAFP, 10 March 2022 South Africa is the most unequal country in the world, with race playing a determining factor in a society where 10% of the population owns more than 80% of the wealth, a World Bank report said … Continue reading
SA’s economy grew at fastest pace in 14 years in 2021
FacebookTwitterLinkedinemailPrintMonique Vanek and S’thembile Cele, Sowetan Live, 8 March 2022 SA’s economy expanded at its fastest pace in 14 years in 2021, rebounding from a coronavirus-induced contraction the year before. Read More