Tag: deficit
South Africa’s budget deficit, debt seen widening as virus hits economy
South Africa’s budget deficit is projected to widen sharply while debt is seen ballooning significantly, the Treasury said on Wednesday, as the COVID-19 pandemic further stifles the recession-hit economy.
In a supplementary budget in response...
SA trade surplus in December – but Rand still under pressure
South Africa recorded a trade surplus of R6.85bn in December after a revised R5.27bn shortfall in November, data from the revenue service showed last week.
Exports rose 3.8% to R87.49bn,...
MUST READ
Deep sea trawlers are concerned about the impact of oil and...
By Larry Claasen
SADSTIA says it is not opposed to offshore oil and gas exploration but says long-term impacts on established industries must be considered.
SOUTH...