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CLAVER Gatete, executive secretary of the United Nations Economic Commission for Africa (UNECA), has called for the swift ...
By Vuyani Ndaba JOHANNESBURG (Reuters) - Economists have cut their consensus forecast for South African economic growth this year by 0.3 percentage points in May, in the biggest single monthly ...
Although South Africa’s economic growth has been disappointing, it is expected to pick up modestly in 2025 compared to previous years, PPS Investments predicts. If domestic inflation remains ...
South Africa's repo rate, currently 7.50%, is expected to hold steady in May, the survey found, with policymakers waiting until either July or September for the next cut to 7.25%.
Recently, ratings agency Moody’s dropped South Africa’s expected GDP growth to come in at 1.5%, down from its initial 1.7% figure, while the South African Reserve Bank previously anticipated 1 ...
Economists expect a poor GDP reading to be published this week, continuing the trend of stagnating economic growth in South Africa. Big trouble for South Africa this week – BusinessTech Markets data ...
The International Monetary Fund;s (IMF) latest economic outlook has bad news for South Africa thanks to the Trump tariffs, revising economic growth for the country to only 1% in 2025 and 1.3% in 2026.
The report noted that, excluding Nigeria, South Africa, and Angola, the rest of the region is projected to grow by 4.6% in 2025 and a robust 5.7% in the subsequent years, underscoring the drag ...
South Africa looks set for much better growth in 2025 thanks to increased spending and investment, according to analysts at Absa Group, though a cooling of relations with the US may dim the outlook.
In its latest Africa’s Pulse report, the World Bank forecasts that growth in sub-Saharan Africa will edge up from 3.3% in 2024 to 3.5% in 2025 and further accelerate to 4.3% in 2026 and 2027.
A breakdown in World Bank Africa Pulse puts Uganda's growth rate at 6.2 Rwanda’s growth is 7.0 percent, Tanzania’s growth has been put at 5.7 per cent, DR Congo 4.8 per cent, Kenya 4.5 per ...
Two more economic reviews have cut South Africa’s growth prospects for 2025 – putting Ramaphosa’s 3% dreams even further out of reach. South Africa is in trouble – BusinessTech Markets data ...