UK inflation data and New Zealand rate hike remind investors that global economy still faces many challenges
Though highly skilled, SA farmers need access to support services to meet consumer demand for close-at-hand ethically farmed, organic produce
More people will qualify for the social relief of distress grant after the means test threshold was increased
The governing party is discussing whether those criminally convicted of a serious crime should still have a home in the ANC
The social media and gaming giant is grappling with a downturn in China’s economy, amid a property slump and Covid-19 lockdowns
With price relief awaiting motorists in September, Outa is worried the fuel levy will be increased to offset the scrapping of e-tolls
The aim is to have 65% of the business’s electricity requirements at a manufacturing level across SA sourced from sustainable energy by 2030
UN special rapporteur Tomoya Obokata concludes that forced labor among ethnic minorities has been occurring in Xinjiang
England Test captain says he hopes his team has retained their “venom” before the three-match series against SA
The fitment centre group has partnered with Disky for motorists to renew their vehicle licenses using WhatsApp
On December 18, the ANC will elect a new president for the first time in 10 years. This comes at a time of unprecedented political and economic crisis for post-apartheid SA.
Publishing its annual Global Competitiveness Report in September, the World Economic Forum ranked SA 61st out of 137 countries, finding that "SA’s economy is nearly at a standstill, with GDP growth forecast at just 1% in 2017 and 1.2% in 2018 … while its unemployment rate is currently estimated above 25% and rising".
These figures have only deteriorated since the report was released. In October, Finance Minister Malusi Gigaba indicated that projected GDP growth is now 0.7% for 2017 and 1.1% for 2018, while the statistician-general revealed that unemployment stands at a record 27.7%.
Appreciating how SA has arrived at this state and deciding how best to emerge from it will be important sites of contestation at the ANC’s elective conference.
The two leading candidates, Nkosazana Dlamini-Zuma and Deputy Presi...
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