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Tag: Recession

Economy escapes a recession, but still stuck in the lowest gear

Following an upwardly revised GDP contraction of 1.1% q/q (previously 1.3% q/q contraction) in 4Q22, the economy defied our expectation of a mild technical recession and expanded by 0.4% q/q in...

2023-Quo Vadis?

This Latin phrase asks the question – ‘where are we marching’ or where are we going, and wouldn’t we all like to know. FOR our January edition the Editor posed this question...

As the next economic recession sweeps the globe, here’s how to recession-proof your money

According to the International Monetary Fund’s (IMF) World Economic Outlook, global challenges such as the Covid-19 pandemic, high inflation, volatile markets and the war between Russia and Ukraine have all contributed...

Tightening belts for a recession? Don’t skimp on cyber security

Is the global economy headed into a recession? South Africa's economy has been flirting with a contracting state for several years. Numerous signs point to more countries landing in the same...

Higher interest rates no solution

By Fanie Brink, Independent Agricultural Economist THE Reserve Bank will, just like the US Federal Reserve, European Central Bank and other central banks in the world, again totally ignore the operation of...

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

Renewable energy component market will be worth R468-billion by 2030 –...

By Larry Claasen SOUTH Africa’s energy crisis, along with the global move to environmental sustainability has the potential to be a big economic drive, says...

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