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How will we survive this recession?

05 September 2018

Despite the optimism that came along with Ramaphoria (the period immediately after the election of Cyril Ramaphosa as State President) there are worrying signs about the economy, especially after the announcement that South Africa has officially entered a technical recession. The announcement came after Stats SA announced on Tuesday that the country's real gross domestic product had decreased by 0.7% in the second quarter of the year.

SA unlikely to grow by more than 1% this year

04 September 2018

Our initial optimism that the second quarter GDP growth would be positive waned as the year progressed with no significant improvement in higher frequency economic data being evident.

Downgrade risk returns as SA enters recession

04 September 2018

Poor GDP figures released today revealed that South Africa has entered a technical recession following two consecutive quarters of negative economic growth, heightening the country’s risk of suffering yet another credit downgrade in the second half of the year, says Citadel Chief Economist and Advisory Partner Maarten Ackerman.

Bruising fuel hike averted, at least for now

04 September 2018

A further strain on the consumer has almost been averted following the announcement of the intervention by the Department of Energy to limit the fuel increase to only five cents per litre to cover the costs of wage increases of frontline staff at service stations. Otherwise, there was no fuel increase.

quick poll

Question

If you had to hazard a guess, when do you reckon the COFI Bill will be signed into law?

Answer

2026, as promised 2027 looks more likely Impossible to say More consultation needed

View the Results

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28 August 2018

We truly live in interesting times

15 August 2018

The winds of change are slowly blowing

14 August 2018

PwC focus post interest rate decision

23 July 2018

Inflation increases in June

19 July 2018

What to expect from July’s interest rate decision

17 July 2018

Everyone can make a difference

09 July 2018

Fourth consecutive fuel hike will hit the consumer

03 July 2018

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Economy / General

How will we survive this recession?

SA unlikely to grow by more than 1% this year

Downgrade risk returns as SA enters recession

Bruising fuel hike averted, at least for now

The real losers of Trump’s trade wars are …

We truly live in interesting times

The winds of change are slowly blowing

PwC focus post interest rate decision

Inflation increases in June

What to expect from July’s interest rate decision

Everyone can make a difference

Fourth consecutive fuel hike will hit the consumer