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GDP

13 million South African children are still living in poverty
National
/ 5 November 2024

13 million South African children are still living in poverty

A study by the Nelson Mandela Children’s Fund says the direct cost of child poverty is estimated to be about 9% of GDP

By Umamah Bakharia
SA’s poor urgently need a decent universal basic income grant
Opinion
/ 9 October 2024

SA’s poor urgently need a decent universal basic income grant

The decision to provide a grant of R1 634, the upper bound poverty line, rests in the hands of the elite

By Isobel Frye
South Africa’s economy: Talk is not enough to drive real change
Opinion
/ 16 September 2024

South Africa’s economy: Talk is not enough to drive real change

Past summits on the economy have led to hopeful rhetoric but little meaningful action. The longer this paralysis continues, the more damaging it becomes

By Thabo Motshweni
East Africa’s growth projected to grow by 5% in 2024
Opinion
/ 2 July 2024

East Africa’s growth projected to grow by 5% in 2024

The region has also seen an increase in its contribution to the continent’s broader economic growth

By Hasan Khan
GDP data: SA’s economy contracts in first quarter of 2024
Business
/ 4 June 2024

GDP data: SA’s economy contracts in first quarter of 2024

The economy did not benefit from the suspended load-shedding initiated in early April

By Sarah Smit
Democratic Alliance’s economic policy is a direct attack on the working class
Opinion
/ 26 May 2024

Democratic Alliance’s economic policy is a direct attack on the working class

If it ruled, the party’s promotion of rightist free market fundamentalism would see industries such as vehicle manufacturing being destroyed

By Vashna Jagarnath
Reserve Bank likely to keep interest rates unchanged next week
Business
/ 24 May 2024

Reserve Bank likely to keep interest rates unchanged next week

Consumer inflation has eased but is still not comfortably within the central bank’s target of 3% to 6%

By Aarti Bhana
Invest in megaprojects and economic diversification to overcome economic gloom
Opinion
/ 9 April 2024

Invest in megaprojects and economic diversification to overcome economic gloom

Public, private partnerships and adopting advanced technology will help in this regard

By James Maposa
South Africa’s economy narrowly avoids a recession
Business
/ 5 March 2024

South Africa’s economy narrowly avoids a recession

The transport and mining industries were the key contributors to fourth quarter GDP growth

By Anathi Madubela
Has China’s economy peaked?
Opinion
/ 29 January 2024

Has China’s economy peaked?

China’s contribution to world economic growth surpasses that of the Americas, Europe and Japan combined, according to the World Bank

By Imran Khalid
2024 economy: Some relief after a rocky road
Business
/ 2 January 2024

2024 economy: Some relief after a rocky road

Last year was dismal on a number of fronts. And although things probably won’t get exponentially better, there is some hope on the horizon

By Sarah Smit
Why business fell out of love with Ramaphosa
Business
/ 11 December 2023

Why business fell out of love with Ramaphosa

The business community initially welcomed him. But the past five years have disappointed — and the private sector has only recently been given a turn at the economy’s steering wheel

By Sarah Smit
Economy shrinks by 0.2% in third quarter
Business
/ 5 December 2023

Economy shrinks by 0.2% in third quarter

The GDP decline comes despite an improvement in energy generation during the quarter, suggesting logistical constraints and interest rates are choking the economy

By Sarah Smit
Africa’s better future
Editorial
/ 3 November 2023

Africa’s better future

The world is changing and alliances shifting which presents opportunities for the continent if the citizenry is engaged

By Editorial
The Fiscal Cliff | Is South Africa nearing a debt crisis?
Opinion
/ 29 October 2023

The Fiscal Cliff | Is South Africa nearing a debt crisis?

The real issue is that the February 2023 budget was the least credible assessment of the country’s finances since 1994

By Duma Gqubule
Green hydrogen can boost economy create jobs, says Ramaphosa
The Green Guardian
/ 16 October 2023

Green hydrogen can boost economy create jobs, says Ramaphosa

However, Electricity Minister Kgosientsho Ramokgopa believes green hydrogen technology still needs to mature.

By Mandisa Nyathi
NDP targets prove elusive as SA’s economy regresses
Business
/ 26 September 2023

NDP targets prove elusive as SA’s economy regresses

A review of the NDP notes that the economy has not performed adequately to rid the country of poverty, inequality and unemployment by 2030

By Sarah Smit
Depressed consumer sentiment lifts slightly
Business
/ 7 September 2023

Depressed consumer sentiment lifts slightly

The improvement in confidence was helped by the change in attitude of affluent consumers, who were spooked by severe load-shedding and the Russian cargo ship debacle in the previous quarter

By Sarah Smit
SA’s economy records better-than-expected growth
Business
/ 5 September 2023

SA’s economy records better-than-expected growth

A boost to manufacturing and agriculture’s rebound has seen the country’s GDP expand 0.6% quarter-on-quarter

By Sarah Smit
The economy and the myth of the silver bullet
Thought Leader
/ 9 June 2023

The economy and the myth of the silver bullet

There are no capitalist witches controlling policymakers to keep people poor. Politicians are responsible for a stuck economy

By Songezo Zibi
Creaking economy must be reformed for the better
Business
/ 9 June 2023

Creaking economy must be reformed for the better

Structural reforms are often offered as the solution to South Africa’s growth problem, but we should be wary when they are code for privatisation

By Editorial
Not out of the woods yet, SA’s economy braces for another blow
Analysis
/ 8 June 2023

Not out of the woods yet, SA’s economy braces for another blow

The country’s economy expanded 0.4% in the first quarter, but analysts warn not to expect growth or recovery anytime soon

By Sarah Smit
SA economy avoids technical recession, grows 0.4%
Business
/ 6 June 2023

SA economy avoids technical recession, grows 0.4%

The first quarter growth has put the country’s GDP at just above its pre-pandemic level

By Sarah Smit
It’s time to end the societal pursuit of growth
Opinion
/ 4 June 2023

It’s time to end the societal pursuit of growth

We live in a system doing the exact opposite of what it was designed for

By Ryan Anderson
Reserve Bank hikes repo rate 50 basis points, despite poor growth
Business
/ 30 March 2023

Reserve Bank hikes repo rate 50 basis points, despite poor growth

Governor Lesetja Kganyago underlined the deleterious effect of inflation, which the monetary policy committee has revised higher, on the pockets of the poor

By Sarah Smit
Income strain weighs on financial sector
Business
/ 19 March 2023

Income strain weighs on financial sector

As consumers and businesses reel from tough conditions, insurers have expressed uncertainty over whether there is room for growth

By Sarah Smit
Little fires everywhere as SA comes to terms with economic decline
Opinion
/ 14 March 2023

Little fires everywhere as SA comes to terms with economic decline

As the deteriorating economic conditions threaten to ignite another bout of social upheaval, we should consider our options for a co-ordinated blaze

By Sarah Smit
S&P downgrades SA’s outlook as load-shedding weighs on growth
Business
/ 9 March 2023

S&P downgrades SA’s outlook as load-shedding weighs on growth

Data released this week gave credence to the view that South Africa may be headed for another technical recession

By Sarah Smit
Will ChatGPT power or inflict pain on the economy?
Business
/ 8 March 2023

Will ChatGPT power or inflict pain on the economy?

There are positives and negatives to the AI revolution, but African states first need reliable power and connectivity to reap the benefits

By Sarah Smit
SA’s economy contracts 1.3%, adding to bleak growth outlook
Business
/ 7 March 2023

SA’s economy contracts 1.3%, adding to bleak growth outlook

Decline in the country’s GDP – largely due to record-levels of load-shedding – puts the size of the economy back below pre-pandemic levels

By Sarah Smit
Ramaphosa’s economy remains a work in progress
Business
/ 3 February 2023

Ramaphosa’s economy remains a work in progress

The government has struggled to claw back business confidence after the state capture years.

By Sarah Smit
Reserve Bank lifts repo rate by 25 basis points in the wake of load-shedding’s economic hit
Business
/ 26 January 2023

Reserve Bank lifts repo rate by 25 basis points in the wake of load-shedding’s economic hit

The country’s energy crisis stands to shave two percentage points off growth in 2023

By Sarah Smit
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