Gross Domestic Product (GDP)

SA economy slows as growth dips to 3.2%

South Africa's real Gross Domestic Product (GDP) declined by 3.2% in the first quarter of 2019, Stats SA announced on Tuesday, showing a larger contraction than expected.

IMF lowers South Africa's economic growth forecasts

Citing policy and political uncertainty, the International Monetary Fund (IMF) on Tuesday lowered its forecast for South Africa's economic growth in 2019, from 1.5 percent to 1.3 percent.

Real Estate and Finance the star of South Africa's GDP

Gross domestic product figures continue to tell a good news story about South Africa's Real Estate industry.

SA's recession over ahead 2019 polls

GDP growth in South Africa recovered to 2.2 percent in the three months through September compared with a revised 0.4% contraction in the prior quarter, Stats SA announced on Tuesday morning at a briefing in Pretoria.

South Africa's economy out of recession

The South African economy is out of recession as it expanded 2.5% in the second quarter after contracting by a revised 0.6% in the first quarter, Statistics South Africa said on Tuesday.

South Africa’s economy likely to grow in 2017

South Africa’s economy will get a boost from perkier commodity prices, a benign inflation outlook, and better rains for the agriculture sector this year, a Reuters poll found on Thursday last week.

SA keeps benchmark repo rate on hold but worried about inflation

The Reserve Bank kept its benchmark repo rate unchanged at 7% on Tuesday, in line with expectations, saying the near-term outlook of inflation has deteriorated while the domestic growth outlook remained constrained.

Mid-Term Budget key highlights

Key highlights of Medium Term Budget Policy Statement 2016 (Mini Budget Speech) delivered by Finance Minister Pravin Gordhan in Parliament on Wednesday, Cape Town.

South Africa's economic growth outlook revised from 0.9% to 0.5%

Addressing the 2016 Medium-Term Budget Policy Statement, dubbed the mini budget, Finance Minister Pravin Gordhan announced that the Treasury had revised South Africa's economic growth from 0.9% to 0.5%.

Steady repo rate welcomed as housing market outlook remains weak

The decision by the Monetary Policy Committee of the South African Reserve Bank to leave the repo rate unchanged is most welcome in a climate where the economic and housing market outlook remains weak.

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