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Economists polled by Reuters April 16-24 trimmed their forecasts by a median 0.2 percentage point to 1.5% for this year.
Despite a 0. 6% GDP growth in South Africa, the economy faces challenges with declines in manufacturing and mining.
The world is entering a new economic era that will mean higher inflation and lower economic growth for the whole globe.
Nigeria and South Africa, two of Africa’s most prominent economies, have been projected to see weaker GDP growth rate in 2025 ...
More economists are shifting expectations to a long-term hold on interest rates in South Africa, explaining why the Reserve ...
The World Bank has said that Sub-Saharan Africa’s economic growth has continued to be dragged down by underperformance in its three largest economies, namely Nigeria, South Africa, and Angola.
There is a growing gap between people’s aspirations for good jobs and functioning public services and often sub-optimal ...
Statistics South Africa’s economic wrap for 2024 found that agriculture, trade, and the finance sectors came to the rescue, driving the 0.6% growth rate. The farming sector was lifted by ...
JOHANNESBURG, April 25 (Reuters) - South African economic growth will be a bit weaker this ... has reignited debate around more interest rate cuts from the South African Reserve Bank, which ...
South African economic growth will be a bit weaker this year than thought a month ago partly due to trade tensions, with U.S. President Donald Trump having paused a 31% tariff for 90 days imposed on ...