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South Africa’s economy may be nearing the end of its slump: economist

South Africa’s economy may be nearing the end of its slump: economist

29/05/2019 - 09:07
After years of slow grow South Africa may be over the worst and could start seeing growth by 2021/22 according to leading economist Mike Schüssler.  read more
Another recession in 2019 is probable, warns Old Mutual economist

Another recession in 2019 is probable, warns Old Mutual economist

22/05/2019 - 10:21
SA will probably enter another recession given the weak performance in the first quarter of 2019, Old Mutual Investment Group chief economist Johann Els warned. read more
How e-tailers can survive the slow economy

How e-tailers can survive the slow economy

10/05/2019 - 10:18
Talk of a looming global recession continues to impact emerging markets. And, as South Africa continues its longest downward cycle in many decades, local business owners are actively looking for ways to shore up ahead of future uncertainty.  read more
SA out of recession with 2.2% GDP growth

SA out of recession with 2.2% GDP growth

05/12/2018 - 16:42
The SA economy has officially exited the recession after reporting 2.2% GDP growth for the third quarter of the year, Stats SA announced. read more
The signs are here that South Africa has reached its economic crossroad

The signs are here that South Africa has reached its economic crossroad

03/12/2018 - 11:37
While South Africa attempts to shore up its own economy amid high inflation rates and a stuttering inherited financial system, the continent as a whole continues to grow. The big question, though, is whether South Africa will get left behind in terms of international investment if it doesn’t improve its financial situation, and how to avoid this. read more
Uptick in retail sales likely enough to end recession

Uptick in retail sales likely enough to end recession

16/11/2018 - 10:00
A meagre boost in the retail sector will likely see SA steer out of the recession. read more
Retail sales growth half that forecast by economists

Retail sales growth half that forecast by economists

14/11/2018 - 14:09
Muted growth in the retail sector may be enough to help steer SA out of a recession. read more
Storm clouds gathering for SA consumers, economists warn

Storm clouds gathering for SA consumers, economists warn

11/09/2018 - 09:06
Storm clouds are gathering and are about to burst for consumers, economists warned, after poor GDP data released this week confirmed that South Africa was in a technical recession. read more
Drought, not policy uncertainty, blamed for agriculture crash

Drought, not policy uncertainty, blamed for agriculture crash

10/09/2018 - 10:56
The alarming agriculture figures that dragged SA into recession were not the result of policy uncertainty about land reform. read more
SA agriculture economy enters recession

SA agriculture economy enters recession

05/09/2018 - 08:44
After contracting by 33,6% quarter over quarter (q/q) in the first quarter of this year, the South African agricultural economy entered technical recession in the second quarter following a further 29,2% q/q contraction. read more
Retail sales rise bodes well for end of recession

Retail sales rise bodes well for end of recession

17/08/2017 - 09:32
SA’s GDP could rebound from recession, lifted by positive performances in manufacturing, mining and retail. read more
Massmart’s sales slow as SA slips into recession

Massmart’s sales slow as SA slips into recession

17/07/2017 - 16:41
Retailer Massmart reported a sharp slowdown in half-year sales growth on Monday as SA slipped into recession. read more
Battle of the brands as popular clothing stores shut down in SA

Battle of the brands as popular clothing stores shut down in SA

14/07/2017 - 09:10
All standalone Mango clothing stores and Nine West shoe stores have closed down, while other international groups such as River Island are busy shutting down as well. read more
Consumers opt for bare necessities as SA heads for recession

Consumers opt for bare necessities as SA heads for recession

13/04/2017 - 10:33
Consumers may shift their spending away from luxuries and allocate it towards essentials as economic conditions worsen, says an analyst. read more
 Nenegate shook SA investor confidence - IMF

Nenegate shook SA investor confidence - IMF

08/07/2016 - 09:12
Cape Town – Higher political uncertainty in South Africa affects investor confidence and trade exports, according to the International Monetary Fund (IMF). read more
SA already in a recession - economist

SA already in a recession - economist

10/06/2016 - 12:15
Cape Town - Dark clouds are gathering for South Africa with fears the ailing economy - which shrunk by 1.2% in 2016's first three months - could fall into recession after hitting a slump in the first quarter of 2016. read more
Why a tax hike is good for South Africa

Why a tax hike is good for South Africa

22/02/2016 - 11:29
A looming ratings downgrade, the falling rand, and rising inflation means that the National Treasury will have to hike taxes even more significantly this year than in the previous few years. read more
South African consumers say SA in recession, according to survey

South African consumers say SA in recession, according to survey

11/02/2016 - 15:00
SA is in recession and will not come out of it anytime soon, a majority of consumers who participated in a consumer confidence survey by global performance management company Nielsen Holdings said. read more
Recession alarm bells for SA grow louder

Recession alarm bells for SA grow louder

03/02/2016 - 09:38
Johannesburg - A bleak Barclays purchasing managers’ index (PMI) in January has signalled tough conditions in South African manufacturing and increased chances of a recession. read more
SA economy narrowly avoids recession

SA economy narrowly avoids recession

27/08/2014 - 11:23
South Africa’s economy grew by 0.6% in the second quarter of 2014, Statistics SA said on Tuesday. read more
World economy in deep trouble

World economy in deep trouble

04/12/2012 - 08:27
Among rich nations, the US outlook remains the least troublesome. But given a recession in the eurozone and a recent contraction in Japan, that's not saying a lot.  read more
British unemployment drops to 7.9%

British unemployment drops to 7.9%

18/10/2012 - 08:24
London - The number of unemployed people in recession-hit Britain fell by 50 000 to 2.53 million in the quarter to August from the total in the previous quarter, official data showed on Wednesday.  read more
Eurozone GDP to fall by 0.3% this year

Eurozone GDP to fall by 0.3% this year

10/08/2012 - 11:47
Brussels - The eurozone economy will contract by 0.3% in 2012 before recovering more slowly than expected next year to expand by 0.6%, a poll conducted by the European Central Bank (ECB) revealed on Thursday. read more
SA shouldn't suffer a 2012 recession, says economist

SA shouldn't suffer a 2012 recession, says economist

19/12/2011 - 08:21
SA should not suffer a recession in 2012, but it is a year that will need action and execution of policy, according to Professor Adrian Saville read more
SA consumers cautious, bargain hunting

SA consumers cautious, bargain hunting

09/11/2011 - 08:12
Johannesburg - South African consumers are approaching the holiday season with caution and on the lookout for bargains, according to a survey conducted by advisory firm Deloitte. read more