In his third prepared budget for the year, the minister said government debt would still stabilise this year but at 77.4% of GDP, higher than predicted in March
The country’s changing demographics can be positive – but only if there are jobs for the still-growing, working-age population
Shored up by higher borrowing costs, South Africa’s banking sector seems to have to weather the 2023 economic storm
President announces reforms aimed at attracting investors to the country as he opens conference
Later this month the South African Reserve Bank will decide how big a rise the country’s flailing economy can take
As the deteriorating economic conditions threaten to ignite another bout of social upheaval, we should consider our options for a co-ordinated blaze
The government is walking a tightrope as civil servants embark on industrial action over pay
Data released this week gave credence to the view that South Africa may be headed for another technical recession
Economist don’t expect an upgrade anytime soon, but the country is in a better position to claw back its investment grade rating
Inadequate rail capacity has pushed more trucks, and costs, onto municipal roads, which are steadily deteriorating
The industrial action is the latest in a series of economy-hitting upsets for the state logistics company
South Africa’s fate is tied to China’s, but war-related disruptions in the global energy market keep exports going
The treasury is meeting rating agencies that identified the public service compensation as a threat to South Africa’s credit outlook
Without tighter capital controls, regulating the flow of money in and out of their economies, Turkey and South Africa are vulnerable to the whims of the financial markets
The mining industry is riding a wave that will eventually crash, analysts warn
An already low sentiment will be set back by the Covid-19 pandemic, thin reforms and this week’s violence
The South African Reserve Bank governor believes the state has to spur growth, restore the country’s public finances and arrest debt to escape the economic slump
Treasury says the credit ratings downgrade “could not have come at a worse time”, as country enters a 21-day Covid-19 lockdown with little money saved up
