News in South Africa 9th January: 1. Challenging year ahead: Some economists are predicting a challenging economic environment for South Africa in 2024 as domestic and global headwinds persist. The early-year forecasts comes amid an unresolved energy crisis, bottlenecks in the logistics sector and the pending general elections. The deteriorating state of the country’s public […]
News in South Africa 8th May: 1. Close call for recession in SA: Economists say South Africa may have escaped a technical recession in the first quarter of the year, but the extreme volatility in the economic data being put out makes it difficult to call. Economists from the Bureau for Economic Research (BER) and […]
News in South Africa 7th February: 1. 100 consecutive days of load shedding: Energy minister Gwede Mantashe says that the ongoing energy crisis in South Africa is an “irritation” to society, and if it is not resolved, it could lead to a revolt among the populace. Speaking at the Investing in Africa Mining Indaba on […]
News in South Africa 6th February: 1. Eskom – state of disaster: The call by the ANC for a state of disaster to be declared over the energy crisis has alarmed many across society. Organised business was also surprised by the announcement, given that only a few months ago the president said a state of disaster […]
News in South Africa 22nd September: 1. All talk no action for energy crisis: Hours after Cyril Ramaphosa held a Cabinet meeting to discuss the country’s energy crisis, the president and his ministers were still deliberating on reports presented by Public Enterprises Minister Pravin Gordhan. The president held a scheduled Cabinet meeting on Wednesday, which […]
News in South Africa 8th September: 1. Global economy worsening: The global economic outlook is getting cloudier, not clearer. While market volatility is expected, investment strategies should ideally reflect one’s personal circumstances – not current market conditions. The last week or so saw a broad sell-off across global bonds, credit, equities, and property. Commodity prices […]
