gross domestic product (GDP)
- South Africa News
President Ramaphosa confident in 2nd term despite challenges
President Cyril Ramaphosa is confident he will return for a second term as president of South Africa and pledged to…
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Fikile Mbalula dismisses claims the ANC has failed SA since 1994
African National Congress (ANC) secretary-general Fikile Mbalula has dismissed claims suggesting the party has done no good for the country…
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President Ramaphosa approves 3% salary increase for ministers, MPs & judges
President Cyril Ramaphosa has given the green light for top public servants to get a salary hike amid the country’s…
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Saftu: Latest GDP figure not worth celebrating
The South African Federation of Trade Unions (Saftu) said it didn’t believe it was worth celebrating the country’s new gross…
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South Africa stares recession in the face after Eskom details higher levels of load shedding in winter
Eskom could deal a significant blow to South Africa’s already sluggish economic growth prospects this year and potentially plunge the…
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IMF warns South Africa economy risks stagnation
South Africa’s growth is set to decelerate sharply this year due to power cuts and the economy risks stagnation, the…
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GDP decline should serve as wake-up call for government, says Cosatu
Trade union federation Cosatu said the decline in the country’s gross domestic product (GDP) should serve as a wake-up call…
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Economist: Load shedding risk further decimation of SA’s GDP in 3rd quarter
Business Unity South Africa (Busa) and an economist have raised concerns that the ongoing power outages could lead to a…
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Agri SA: Deteriorating road infrastructure stifling agriculture’s potential
Deteriorating road infrastructure is stifling the agriculture sector’s potential of being an even bigger contributor to the country’s economy, says…
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South Africa not yet out of the woods despite GDP growth, says Maluleke
Statistician-General Risenga Maluleke has cautioned that the country’s economy is not yet out of the woods despite the positive gross…
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Incease in road deaths prompts call to declare traffic cops an essential service
At least 653 people have died in road accidents in Gauteng during the first quarter of the 2021-22 financial year.…
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Sihle Zikalala: Looting and destruction in KZN left dent of R20 billion in eThekwini’s GDP so far
The widespread looting and destruction of properties in KwaZulu-Natal have left a massive dent in the eThekwini gross domestic product…
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150 000 jobs at risk in KZN in wake of riots & looting, says Ntshavheni
As many as 150,000 jobs in KwaZulu-Natal could be on the line in the wake of the recent civil unrest.…
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eThekwini expecting to lose over R20 billion of GDP due to riots
The eThekwini Municipality said that the region was expected to lose over R20 billion of its gross domestic product (GDP)…
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#Sona2021: Over R57 billion paid out to 4.5m workers during pandemic
The Covid-19 pandemic came at a time where the country continued to battle “a legacy of exclusion and dispossession”, President…
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