Tag: economic growth

On 3 April 2017, Standard and Poor’s Ratings Services decided to cut South Africa’s international credit rating from BBB- to BB+. A rating of BB+ is considered below investment grade (sometimes referred to as "junk status”). Unfortunately, the negative ratings outlook was also retained, suggesting that S&P could revise the country’s credit rating lower at year-end should the fiscal parameters deteriorate significantly.

Minister Pravin Gordhan and his team at National Treasury should be praised for striking the correct fiscal balance in this year’s budget. Gordhan understands...

Finance Minister, Pravin Gordhan and the National Treasury, have their work cut out for them in the 2017/18 financial year. The economic stewards of...

China is currently going through a tough phase in its development, but it is applying some clever tactics that should fire up its economic...

From a small and medium enterprises (SME) perspective, the current economic environment is more conducive to growth and opportunity than it was a year ago.

In PwC’s 20th annual survey of CEOs worldwide, 38% (2016:35%) are very confident about their company’s growth prospects in the next 12 months while...

According to National Treasury, the GDP growth rate is forecasted at an estimated 1.3% for 2017. The outlook points to a tough year ahead...

The case for innovation and entrepreneurship has never been greater as commercial enterprises prepare for what will be another tough year in 2017, says...

As 2016 nears an end many begin to re-evaluate the year that was, both personally and professionally. As a result this is typically the...

Although markets have started pricing in a December rate hike by the US Federal Reserve (Fed) PSG Wealth believes there is a strong argument to be made that they shouldn’t.