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The South African Reserve Bank has room to consider an interest rate cut at this week’s monetary policy committee meeting. (Oupa Nkosi)

South Africa’s economy plunges into a recession

The country’s economy grew by only 0.2% in 2019, after it experienced contractions in both the third and fourth quarter

President Cyril Ramaphosa made changes to his Cabinet on Thursday. (Reuters/Mike Hutchings)
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Ramaphosa’s “Cabinet recycle, not reshuffle”

On Thursday, Ramaphosa announced appointments to the two vacant positions left Ministers Malusi Gigaba and Edna Molewa

Don’t expect change on interest rates

Don’t expect change on interest rates, say economists

The South African Reserve Bank will leave interest rates unchanged for the foreseeable future should economic conditions persist, economists predict.

‘Rising costs could force companies to downsize’

Companies are likely to respond to rising costs, such as steep wage demands and above-inflation wage settlements, by reducing their labour force.

Maths with a mission

Making maths fun to learn is the aim of an innovative new project, writes Sharon van Wyk.

‘We are not creating enough jobs’

There is a mismatch in South Africa’s economy between the structural direction in which it is headed and its current skills profile, says Dr Azar Jammine, director and chief…

Economist expects more rate hikes to come

If the South African Reserve Bank is consistent, then inflation matters have deteriorated since October and another rate hike can be expected in December, according to Dr Azar…

Economist predicts R7,86 a dollar in 2010

There is potential for the rand to tend to be weaker due to the current-account deficit, but more than anything the currency’s fortunes will depend on the strength of the global…

Warning over crime’s effect on SA skills base

Escalating violent crime could reduce an already weak skills base in the country, an economic consultancy company said on Tuesday. ”Every effort should be made to contain…