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It is enough to make you weep when you read how much better off South Africa could have been with economic growth of 4.5%.
The South African tyre industry, a critical component of the automotive sector, encompasses new and retreaded tyre manufacturing, imports, distribution, and sales. Key players include Bridgestone, ...
These destinations demonstrate the potential that exists and lay a foundation for future growth. We’re looking ahead to the ...
South Africa’s economy narrowly escaped contraction in quarter one 2025, with gross domestic product (GDP) growing by a mere 0.1%, down from 0.4% in quarter four 2024, according to Statistics SA/ ...
South Africa GDP Growth Outlook Gets Biggest Cut Since Early 2023; SARB to Trim Rates. ... is seen as the sun sets, in Johannesburg, South Africa, October 18, 2023. REUTERS/Siphiwe Sibeko/File Photo.
Additionally, the National Energy Regulator of South Africa (Nersa) has announced a tariff increase of 12.7%, which is less than BofA’s earlier estimate of nearly 20%.
Press Release - Today's GDP figures confirm what South Africans already feel in their daily lives: the economy is in crisis, growth is stagnant, and jobs remain scarce. A 0.6% growth rate is a ...
Readying South Africa’s workforce for advances in technology and digitisation was at the forefront of discussions at the B20 summit in Cape Town this week.
The AfDB says Africa's total official GDP in 2018 of $2.5 trillion was 2.5 times lower than the continent's natural capital that year, which it estimates at $6.2 trillion.
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 downgrade since ...
The last time growth forecasts got a similar trim was in early 2023 due to power shortages. A median forecast of 26 economists surveyed May 22-27 suggested growth would be 1.2% this year. Last ...
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 downgrade since early 2023, a Reuters poll ...