S. Africa's GDP up 1.6 pct in Q3-Xinhua
S. Africas GDP up 1.6 pct in Q3-
Source: english.news.cn
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Economists fears South Africa economic collapse over Ramaphosa turmoil and 2024 poll
Johannesburg - Economists have warned the ANC to proceed with caution as the uncertainty over whether President Cyril Ramaphosa will continue leading the country until the 2024 elections could devalue the rand. Late yesterday, senior ANC leaders asked for an urgent meeting with the embattled president on Saturday over the damning Phala Phala report. The decision was…
Source: thezimbabwemail.com
Political turbulence will continue to hurt rand, warns economist
An economist says political turbulence in the country will continue to hurt the rand.
South Africa Arthur Fraser Cyril Ramaphosa Correctional Services Efficient Group Francois Stofberg Efficient Group
Source: ecr.co.za
South African economy is close to collapse, says economist
Eunomix CEO and chief economist Claude de Baissac said South Africa is collapsing and lacks economic growth.
Source: biznews.com
It's crucial for any successful economy to have low inflation
The repo rate has increased by 75 basis points to 7%, which impacts inflation and interest rates.
Source: capetalk.co.za
Komati's R9bn World Bank loan gamble
Eskom’s job is to generate power, but the utility was involved in politics – at huge cost – said Dawie Roodt, chief economist of the Efficient Group.
Source: news24.com
South Africa's increasing debt under the spotlight - SABC News - Breaking news, special reports, world, business, sport coverage of all South African current events. Africa's news leader.
Government's debt currently stands at R 4.7 trillion and debt servicing costs stand at R 355 billion rand a year. However, what does it mean to have debt of nearly R5 trillion? And what does it mean for the average South African?
Source: sabcnews.com
National Treasury needs more time to finalise its own financials
One of many state entities to miss the reporting deadline.
Source: moneyweb.co.za
Complicated taxes hold small businesses back
A host of complicated taxes, together with various restrictive laws on land ownership and licensing are preventing small businesses from becoming medium and large enterprises, says Dawie Roodt, chief economist of the Efficient Group.
Source: news24.com