News in South Africa 29th November: 1. Infrastructure growth not a reality: The South African government has put a spin on infrastructure projects worth billions of rands as a way to drag the economy out of stagnation – but the PR belies the reality that not much has been done over the last few years […]
News in South Africa 17th November: 1. Technical recession avoided: South Africa’s economy is likely to have averted a technical recession in the third quarter despite record power outages, key data indicates. Better-than-expected mining and manufacturing output are set to outweigh relatively soft retail sales data, suggesting Africa’s most industrialized economy returned to growth in […]
News in South Africa 4th May: 1. Economic risks of Covid resurgence: While the Covid-19 risk has diminished in South Africa, it has not disappeared, and a resurgence of cases in recent weeks could weigh on the economy this year, say economists at Absa bank. “New Covid-19 cases are again on the rise, with the […]
News in South Africa 9th December: 1. ANC affirms stand-aside rule: President Cyril Ramaphosa has won the latest battle in the fight to cleanse the party of corruption-accused leaders, with its top leadership reaffirming the decision to force them to step aside from their party and state posts. The party’s national executive committee (NEC), which wrapped up […]
