News

South Africa needs economic growth of at least 3% per year to create enough jobs for South African. GDP growth of 1% will not ...
The National Treasury has significantly lowered South Africa's GDP growth forecast for 2025, citing a weaker global outlook ...
S&P Global did not downgrade South Africa from positive to stable, which is good news for the country. Ratings agency, S&P ...
Since the budget review in March, greater uncertainty and trade fragmentation have contributed to a weaker economic outlook.
Global economic developments, including raised tariffs and trade wars, have lowered South Africa’s 2025 economic growth prospects from a predicted 1.9% Gross Domestic Product (GDP) growth in March ...
Several African countries continue to grapple with high inflation, rising unemployment, and ongoing monetary and fiscal policy adjustments, prompting many ...
Explore the challenges and decisions facing South Africa's Budget 2025 as economists debate the implications of fiscal ...
The International Monetary Fund (IMF) has once again lowered its economic growth projections for a majority of African ...
New York, 15 May 2025 — The global economy is at a precarious juncture ... including Brazil, Mexico and South Africa, are also facing growth downgrades due to weakening trade, slowing investment ...
Finance Minister Enoch Godongwana reveals a downward revision in South Africa's GDP growth forecast during the 2025 Budget ...
Following S&P Global Ratings’ decision to affirm South Africa’s long-term foreign and local currency debt ratings at ‘BB-’ ...
15 May 2025 — The global economy is at a precarious juncture ... Several other major developing economies, including Brazil, Mexico and South Africa, are also facing growth downgrades due ...