Tag: ABSA Business Banking

South Africa heads into 2026 on a firmer economic footing than in recent years. A steadier macro backdrop and modest growth prospects are beginning to take shape. This shift should support the country’s Small and Medium Enterprise (SME) sector. The sector picked up some momentum in the second half of last year, albeit from a low base. At the same time, sentiment has improved and confidence has returned.

Periods of market turbulence have long tested investor conviction. When uncertainty grips financial markets, traditional portfolios often reveal vulnerabilities. Recently, shifting US policies, fluctuating interest rates and geopolitical tensions have driven this uncertainty.

‘Twas the week before Christmas after a year that was despairingly tough, When load-shedding made a comeback as plant maintenance hadn’t been enough. Our confidence was lifted high when the party finally recalled Zuma. But we still hit a recession and wished 'Ramaphoria' had started sooner.

Abigail Makhubele Absa Business Banking and Dr Ivor Blumenthal ArkKonsult discuss how the establishment of informal businesses has been driven by necessity for economic survival.

During the first quarter of 2018, South Africa’s gross domestic product (GDP) decreased by 2,2% according to Stats SA. This low growth trap followed a period of cautious optimism and highlights the need for creative thinking from all role players in the economy.