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BETI shows local economy is shrinking

14 December 2021 | General

The BankservAfrica Economic Transactions Index (BETI) slumped in November, signalling another month of sluggish economic activity in a slowing economy. However, the higher monthly volume of transactions tracked in the BETI tells a different story of the growing use of digital payments.

PPS Investments: GDP Q3 Commentary

07 December 2021 | General

As expected, the South African economy contracted 1.5% in real terms during the third quarter, affected by the riots in July as well as tighter lockdown restrictions. The economy remains on track to deliver 5% growth for 2021 though, with a fourth quarter rebound anticipated. Economic growth should decelerate to around 2% in 2022 as the economy adjusts to more normal conditions.

Third quarter 2021 slump in agriculture GDP a surprise but not a concern

07 December 2021 | General

Statistic South Africa’s latest update on the country’s overall real GDP for 3Q2021 shows a decline of 1.5% quarter-on-quarter (q/q) seasonally adjusted (but not annualised).

Surprisingly poor GDP growth should not derail tighter monetary policy

07 December 2021 | General

GDP growth disappointed in the third quarter of 2021, with the -1.5 % quarter-on-quarter seasonally adjusted print, at the low side of the -1.6% to -0.6% consensus forecast range.

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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