11.6 C
Cape Town
Monday, June 14, 2021

MegaBanner-Right

MegaBanner-Left

LeaderBoad-Right

LeaderBoard-Left

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

Pick n pill prescription stopped

SUPERMARKET giant Pick n Pay has sold its retail pharmacy business to health and beauty retailer Clicks for an undisclosed sum. The deal will include...

RECOMMENDED

Follow us on Social Media