Economy

South African companies can turn short-term crises in 2024 into opportunities for creating business value and societal impact

PPS Investments: CPI for November 2023

Consumer price inflation increased by 5.5% year-on-year in November 2023, down from the 5.9% year-on-year print in October, and the sixth consecutive month that inflation has been within the 3%-6% target band.

PPS Investments: GDP Q3 commentary

As expected, South Africa’s economy contracted slightly during the third quarter of this year, shrinking 0.2% in real terms (seasonally adjusted). Although year-on-year growth to the end of September is negative (-0.7%), the economy has grown marginally year-to-date compared to the first three quarters of last year.

Old Mutual’s Group Chief Economist foresees continued positive GDP growth for South Africa in Q3 of 2023

(GDP) data for the South Africa’s Gross Domestic Product third quarter of 2023 is poised to be released this today. Old Mutual’s Group Chief Economist, Johann Els offers an optimistic outlook, predicting continued growth despite the challenges faced by the national economy.