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LATEST Economy  

‘There are free economic lunches’

8 Dec 2021 /  Simon Brown   1
On the back of the GDP contraction, Adrian Saville from Genera Capital says one 'quick fix' is [easily implementable] policy reforms that have no cost to Treasury.

SA is likely to miss economic growth forecast for 2021

8 Dec 2021 /  Monique Vanek, Bloomberg  
After more than 90 nations imposed travel bans on the country right before its summer holiday season because of the discovery of the coronavirus omicron variant.

Big companies continue to dominate major sectors – CompCom

8 Dec 2021 /  Akhona Matshoba  
Small businesses are exiting the market faster than they enter it.

SA economy contracts 1.5% in Q3, more than expected

7 Dec 2021 /  Alexander Winning   1
As July riots hurt sectors like agriculture, manufacturing and trade.

Zimbabwe central bank keeps main policy rate at 60%

7 Dec 2021 /  MacDonald Dzirutwe  
Citing macroeconomic stability.

Rand strengthens ahead of Q3 GDP data

7 Dec 2021 /  Alexander Winning, Reuters  
In early trade the rand was at R15.86 against the dollar, around 0.4% stronger than its previous close.

IMF’s Gopinath warns variants could derail economic recovery

6 Dec 2021 /    
'Most of the overall risks are to the downside,' Gita Gopinath

New vehicle sales in 2021 exceed expectations

6 Dec 2021 /  Roy Cokayne  
But only likely to return to pre-Covid levels in 2023.

IMF chief sees downgrades to growth forecasts amid Omicron

4 Dec 2021 /  Christopher Anstey, Bloomberg   
'We are likely to see some downgrades of our October projections for global growth.'

Global economy can grow if world warms less than 1.5°C, study says

4 Dec 2021 /  Damian Shepherd, Bloomberg  
Most models predict a period in which the world surpasses that mark for several years or decades, before cooling back down to the 1.5°C by 2100.

Unemployment is everyone’s problem – good intentions are not enough

4 Dec 2021 /  Catherine Wijnberg and Anton Ressel   9
Those tasked with job creation need to up their game, and fast.

South Africans expected to spend over R250bn this festive season

3 Dec 2021 /  Palesa Mofokeng  
Consumers say they are in a better financial position compared with 2020 and are planning to spend more over this period.

Record fuel and food prices threaten consumers’ pockets

2 Dec 2021 /  Palesa Mofokeng  
Festive season price hikes create a bleak backdrop for this year’s holiday period.

SA consumers remain anxious yet optimistic about their financial future

1 Dec 2021 /  Fifi Peters  
People are highly stressed by rising prices and the pandemic, and show concern about climate change: Rodger George – Africa Consumer Industry leader at Deloitte.
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