south african economy
April’s SA Economy Bloodbath In Four Graphs
01 Jun 2020 by Jasmine Stone / No Comments
South Africans spent the month of April under alert level 5 of the lockdown, faced with regulations that rank amongst the strictest in the world.
Sorry, But We’re Officially In A Recession Again
03 Mar 2020 by Jasmine Stone / No Comments
Statistics South Africa released the latest Gross Domestic Product (GDP) numbers today, and they’re not at all pretty.
South Africa’s Economy – Four Reasons To Feel Slightly Optimistic
04 Sep 2019 by Carrie / No Comments
Yesterday, news broke that we had avoided a recession, thanks in large part to a lack of load shedding. Financial gurus reckon that’s something to smile about.
SA’s Latest GDP Numbers Are In And They’re Not Pretty
04 Jun 2019 by Carrie / No Comments
South Africa’s economy has undergone the worst drop since way back in 2009, and the problem spans multiple sectors.
Here’s Some Potentially Good News About South Africa’s Economy
22 May 2019 by Jasmine Stone / No Comments
It’s not often that somebody has anything positive to say about the state of our economy, although economist Mike Schüssler is talking long term.
South Africa Could Run Out Of Money By 2042
28 Feb 2019 by Carrie / No Comments
Members of parliament have been warned that if the fiscus continues on its current trajectory, SA will run out of money by 2042.
How Much Eskom’s Stage Two Load Shedding Costs South Africa Daily
11 Feb 2019 by Carrie / No Comments
Load shedding is alive and well again, and we are on stage four for the rest of the day. Even stage two has dire consequences for the economy.
Here’s What The Average South African Takes Home Each Month
27 Sep 2018 by Carrie / 1 Comment
The latest Take-home Pay Index has confirmed improvements on both an annual and a monthly basis to the average salary in South Africa.
Cyril Ramaphosa Just Revealed His Six-Point Plan To Rescue SA
21 Sep 2018 by Jasmine Stone / No Comments
In a press conference delivered from the Union Buildings, Ramaphosa laid out how he intended to haul South Africa out of an economic recession.
The Rand Tanking Will Affect You In These Four Ways
06 Sep 2018 by Jasmine Stone / 1 Comment
South Africa is officially in a recession, and that has seen the rand take a battering over the past few days. If you think that won’t affect you, you’re wrong.
It’s Official – We’re In A Recession
04 Sep 2018 by Jasmine Stone / No Comments
According to the latest figures released this morning by Stats SA, the country is in a recession. The rand has also taken a battering off the back of the news.
Six Reasons Why The Rand Has Bombed
13 Aug 2018 by Carrie / No Comments
It’s easy to blame South African politics for the decline in the rand over the weekend. Unfortunately, the real reasons are far more complicated.
Here’s Mmusi Maimane’s Six-Point Plan To Fix SA’s Current Economic Mess
05 Dec 2017 by Sloane Hunter / No Comments
As South Africa’s economy continues to decline at a rapid rate, Mmusi Maimane has suggested six simple actions that the government can undertake to fix it.
Hello Junk Status – Here’s How The Downgrade Will Affect You
04 Apr 2017 by Kiernan / No Comments
Everyone knows a junk status rating isn’t a good thing, but how many people really understand the effect it will have on our daily lives going forward?
If We’re Cut To Junk Status, It’s Actually Not A Bad Thing – This Is Why
27 May 2016 by Jasmine Stone / No Comments
Junk status this and junk status that, right? Well perhaps this seemingly inevitable downgrade will not be the end of the world.
The One Graph That Shows Just How Badly The South African Economy Is Tanking
23 May 2016 by Jasmine Stone / 1 Comment
If we learnt one thing from the ‘Weekend Finance Minister’ fiasco it’s that the market doesn’t react well to uncertainty. Trouble is brewing.
Local Finance Experts Crush Zuma’s ‘The Economy Is Owned By Whites’ Claims
31 Mar 2016 by Jasmine Stone / No Comments
You may have heard those claims that black South Africans own just 3% of the country’s economy. These guys think that’s a load of bollocks.
A Downgrade For South Africa Might Be A Good Thing – This Is Why
01 Mar 2016 by Kiernan / No Comments
Time to panic Jannie, pack the bags and book the first flight outta here. Or maybe not, because sometimes things must get worse before they can get better.
South Africa Is A Ball-Hair Away From Going Into A Full-Blown Recession
25 Nov 2015 by Sloane Hunter / No Comments
South Africa’s economy experienced a contraction in the second term, but luckily, the third term’s GDP increased to save us from a plummeting into a recession.
The Rand Has Never Been Weaker
09 Nov 2015 by Kiernan / No Comments
Here’s hoping your weekend went better than it did for the rand, close of trading on Friday seeing some truly awful numbers.
Well Done, South Africa – You’re Miserable
12 Mar 2015 by Kiernan / No Comments
It’s almost the weekend and we’re all becoming rosier by the minute….or are we? A new study says we rank amongst the world’s most miserable nations.
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