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Sunday, February 23, 2020

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Tag: Recession

Government urged to ‘act now or face a recession’

The government needs to make difficult and unpleasant economic decisions if it wants to avoid a recession. It was the overall feeling of economists commenting on the contracting economy by more than...

7 things you need to know today

1. Business confidence eases as more realistic outlook prevails Business sentiment weakened in January, with executives painting a more realistic outlook compared with the euphoria that swept the market when President Cyril...

South Africa moves out of recession

StatsSA has published the latest GDP data for South Africa, showing that the country’s economy grew by 2.2% in the three months through September compared with a revised 0.4% contraction in...

These charts show South Africa’s recession may be over

South Africa is likely to emerge from its first recession in almost a decade as monthly indicators for the third quarter signal a modest rebound. Recoveries in manufacturing and trade...

Storm clouds gathering for SA consumers, economists warn

Storm clouds are gathering and are about to burst for consumers, economists warned, after poor GDP data released this week confirmed that South Africa was in a technical recession. Isaah...

MUST READ

Tax-shielding hotel investment opens in Cape Town

THE 10-year old 5-star Pepper Club Hotel in Cape Town’s CBD is the focus of a Section 12J investment fund launch by Pepper Club...

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