Despite how rof South Africa is looking on the international scene, Belgium is giving us a vote of confidence.
There’s talk of South Africa being greylisted by the Financial Action Task Force. That may not sound like something that should concern you too much but it could have real-world implications for all of us.
Last week, the UK announced that South Africa would remain on its travel ‘red list’. The reasoning doesn’t hold up under basic scrutiny.
Turning South Africa’s economy around is going to take a Herculean effort, and it doesn’t look like Ramaphosa’s four-point plan is going to cut it.
According to a Johannesburg-based political and economic risk consultancy, we’re a decade away from being a “failed state”.
Yesterday, the National Treasury released guidelines to government departments and public institutions, stressing that unless changes are made, a crisis looms large.
South Africans spent the month of April under alert level 5 of the lockdown, faced with regulations that rank amongst the strictest in the world.
Statistics South Africa released the latest Gross Domestic Product (GDP) numbers today, and they’re not at all pretty.
Yesterday, news broke that we had avoided a recession, thanks in large part to a lack of load shedding. Financial gurus reckon that’s something to smile about.
South Africa’s economy has undergone the worst drop since way back in 2009, and the problem spans multiple sectors.
It’s not often that somebody has anything positive to say about the state of our economy, although economist Mike Schüssler is talking long term.
Members of parliament have been warned that if the fiscus continues on its current trajectory, SA will run out of money by 2042.
Load shedding is alive and well again, and we are on stage four for the rest of the day. Even stage two has dire consequences for the economy.
The latest Take-home Pay Index has confirmed improvements on both an annual and a monthly basis to the average salary in South Africa.
In a press conference delivered from the Union Buildings, Ramaphosa laid out how he intended to haul South Africa out of an economic recession.
South Africa is officially in a recession, and that has seen the rand take a battering over the past few days. If you think that won’t affect you, you’re wrong.
According to the latest figures released this morning by Stats SA, the country is in a recession. The rand has also taken a battering off the back of the news.
It’s easy to blame South African politics for the decline in the rand over the weekend. Unfortunately, the real reasons are far more complicated.
As South Africa’s economy continues to decline at a rapid rate, Mmusi Maimane has suggested six simple actions that the government can undertake to fix it.
Everyone knows a junk status rating isn’t a good thing, but how many people really understand the effect it will have on our daily lives going forward?
Junk status this and junk status that, right? Well perhaps this seemingly inevitable downgrade will not be the end of the world.
If we learnt one thing from the ‘Weekend Finance Minister’ fiasco it’s that the market doesn’t react well to uncertainty. Trouble is brewing.
You may have heard those claims that black South Africans own just 3% of the country’s economy. These guys think that’s a load of bollocks.
Time to panic Jannie, pack the bags and book the first flight outta here. Or maybe not, because sometimes things must get worse before they can get better.
South Africa’s economy experienced a contraction in the second term, but luckily, the third term’s GDP increased to save us from a plummeting into a recession.
Here’s hoping your weekend went better than it did for the rand, close of trading on Friday seeing some truly awful numbers.
It’s almost the weekend and we’re all becoming rosier by the minute….or are we? A new study says we rank amongst the world’s most miserable nations.