StatsSA proposes changes to GDP metrics, for accuracy in trying times
Statistics South Africa says a new metric is needed to more accurately monitor GDP in times of economic upheaval and uncertainty.
Statistics SA
SA consumer inflation drops to nine-year low
Annual inflation eased for a third consecutive month in November, falling to 3.6% from October’s 3.7%. November’s reading is the lowest since December 2010 when the rate was 3.5%.
Ramareality: SA unemployment near 15 year high as factories cut jobs
The unemployment rate was 27.2 percent compared with 26.7 percent in the previous three months, Statistics South Africa said in a report released on Tuesday.
Surprise move: SARB’s Lesetja Kganyago announces interest rate cut
SA Reserve Bank governor Lesetja Kganyago announced on Thursday that the Monetary Policy Committee has decided to cut the interest rates.
More pain? Inflation surprising SARB, could peak at 8.1% in December – Montalto
Inflation in South Africa could peak at 8.1% in December this year and only dip below the SARB’s upper target band of 6% again in December 2017, says Peter Attard Montalto.
Inflation shocker: Breaches 6% – more squeeze expected (includes tables)
Consumer price inflation has breached the upper limit of the South African Reserve Bank’s target range by accelerating to 6.2% year-on-year in January 2016.
Van Vuuren: SA’s ‘Zombie’ economy. A Zuma recession on the cards.
Economic data released yesterday showed that SA narrowly avoided a recession in the third quarter. Dwaine van Vuuren looks at electricity consumption, which he reckons points to a full blown recession already in session.
South Africa narrowly avoids recession, reports Q3 growth of 0.7%
South Africa’s economy grew marginally by 0.7% in the third quarter of 2015, Statistics SA announced on Tuesday.
The Brain Gain: SA expats are flocking back home
Angel Jones shares the realities of life abroad, and the challenges of making a new home and life in the happy-sad land we call South Africa
Cannon Asset Managers: Making cents of out-of-favour stocks
Discover updates of the week that was in it with Cannon Asset Managers’ weekly review of the financial happenings of the world.