Page 11 - Efficient Group News Today

Ray White in conversation with Dawie Roodt, chief economist at the Efficient Group about the latest round of stage 6 loadshedding.

This is less than the 32% that the utility had requested for 2022-23, but Eskom will get a further 12.74% in April next year

Ramaphosa said that 18 million South Africans receive state welfare grants, with another 11 million relying on the state’s R350 grant.

Economist Dawie Roodt said to grow the economy is simple and straightforward but politics is standing in the way of good economic policies.

Some economists predict an economically turbulent year, while others say this doesn't mean a lack of opportunities.

Long and consistent power cuts are not just inconveniencing South Africans but also tearing through the country’s economy.

Chief economist and director at the Efficient Group, Dawie Roodt, said that according to his calculations, the South African economy cannot grow faster than at a rate of about 1.5%.

SA’s high-end private schools have increased fees by between 6% and 8.5% for next year.

But some are cautious about his capacity to accelerate reform.

This came on the back of some improvements in the country’s economy - which saw a growth of 1.6% in the third quarter.