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High commodity prices push SA’s economic transactions to record high

15 March 2022 | General

South Africa’s economic activity boomed in February 2022 as commodity prices soared in stark contrast to the below inflation interest rates.

An impressive rebound in agriculture GDP in the fourth quarter of 2021

09 March 2022 | General

Statistic South Africa’s latest update on the country’s agriculture real GDP for 4Q21 shows an impressive rebound of 12.2% quarter-on-quarter (q/q) seasonally adjusted after surprising on the downside by 1.5% q/q in the 3rdQ21. The country’s overall real GDP grew by 1.2% in the 4thQ21 underpinned by gains in trade (+2.9%q/q), manufacturing (+2.8%q/q), personal services (+2.7%q/q), and agriculture.

Upward trend in food inflation likely to continue in the short term

01 March 2022 | General

South African consumers are being pummelled by an all-time high fuel price and escalating food inflation. The March fuel price increase will have a severe impact on spending patterns, even on food, as consumers spend less and move to cheaper alternatives.

SA’s economy has a small window of opportunity to bounce back and rebuild

01 March 2022 | General

South Africa has a limited window of opportunity to reset the economy and build a stronger base for sustained long-term growth – seizing it will require rebuilding business and investor confidence by moving swiftly to implementation of the economic reforms outlined in Minister of Finance Enoch Godongwana’s 2022 Budget speech.

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

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