Tag: South African economy
Investing in a post Covid-19 world
As the coronavirus sweeps its way around the globe, the trends established in most countries in terms of taming its spread after lockdown appears similar to that set in China. While it might take somewhat longer for some of those countries that started their control measures later, the outlook seems positive and the trend is definitely moving in the right direction.
What an Affirmative SONA speech would forespell
Tonight President Cyril Ramaphosa will rise in Parliament to review the current State of the Nation, and to indicate what he will be doing over the next 12 months to steer South Africa through the very troubling waters the country is currently in.
South African economy contracts 3.2% q-o-q in 2019 Q1
tructural reforms urgently needed as annual growth drops to 0% y-o-y. Statistics South Africa (StatsSA) reported on June 4 that the South African economy contracted by 3.2% quarter-on-quarter (q-o-q) during the first quarter of 2019 – the biggest decline in 10 years.
