Q4 SA mining output suggests downturn dodged despite dreadful December
On a monthly basis in December, South African mining output slid 4.2% compared with November. But the economy may have dodged a recession.
Source: dailymaverick.co.za
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SA economy set to buck global trend of decelerating growth in 2024
SA looks set to buck one worldwide economic trend in 2024, and for a change it’s sort of positive: The country’s economic growth is expected to accelerate.
Source: dailymaverick.co.za
SA manufacturing output rises 1.9% in November — recession dodged?
South African manufacturing production rose 1.9% year-on-year in November, adding another glimmer of hope that a recession has been narrowly dodged.
Source: dailymaverick.co.za
Absa New Gold Platinum ETF fund drives investor capital to SA
Absa’s ETF also benefits from investor demand in Botswana and Namibia, where the R7.6bn fund has secondary listings, according to Michael Mgwaba.
Source: moneyweb.co.za
SA's prospects of a recession lower after mining and manufacturing output surprises on the upside
In the three months to the end of October, mining output had a lift of 0.7%. If it can contain that momentum, mining will make a positive contribution to the quarter-on-quarter Q4 gross domestic product (GDP) read, which will show whether or not the economy slid into a recession after contracti...
Source: dailymaverick.co.za