gdplatest news & developments
Sunny oil rig. Rawpixel/Currency

From gold to gas: reclaiming South Africa’s resource advantage 

South Africa’s reluctance to embrace its mining sector as an engine for growth is both absurd and financially self-destructive

Maths school education. Rawpixel; Firefly; Currency collage

The cost of not counting in South Africa

The mathematical sciences, national competitiveness and the opportunity cost that South Africa keeps accumulating

oil see-saw. Rawpixel/Currency

Dizzying reversal in oil prices has rates in and out of play

Lower oil prices have eased inflation risks and boosted bonds, but uncertainty over expectations and US rates keeps a July hike in play

GDP data. Rawpixel; Currency collage

The hidden warning in the GDP data: consumers are buckling

First-quarter GDP beat expectations at 0.5%, but household consumption fell to a two-year low, signalling economic headwinds amid rising rates.

Week ahead

The week ahead: president in the hot seat

Mark your calendar – here’s the political and economic news to watch out for in the days to come

Week ahead

The week ahead: war, FMD and GDP

Mark your calendar – here’s the political and economic news to watch out for in the days to come

Enoch Godongwana. Gallo Images/Brenton Geach

Debt peak in sight as South African budget pivots to growth

Government is finally looking to slay its debt monster, as it thrashes out a new way of living within its means

Workers employment. Rawpixe/Currency collage

Jobless rate ticks down, but South Africa’s jobs crisis hasn’t

South Africa’s unemployment has dipped to 31.4%, but a surge in discouraged job-seekers and no new fixed investment bode ill for any real turnaround

Silo locked. Rawpixel/Currency collage

The economic fix: Sarupen’s roadmap to faster growth

Fix the plumbing, slash the red tape and confront our hostile labour market: how to get South Africa back to real economic growth

Children’s investment. Getty / Rawpixel / Currency collage

R1,000 for every South African baby? Sarupen thinks it could work

Purple CEO Charles Savage says South Africa could launch its own version of the Trump child accounts, with potentially huge benefits for growth

GDP economy band aid. Rawpixel/Currency collage

Has the economy finally turned? It feels like it

Four consecutive GDP gains signal a tentative recovery as infrastructure improvements take hold – but without private investment, momentum may fade

Week ahead

The week ahead: life beyond the G20

Mark your calendar – here’s the political and economic news to watch out for in the days to come

South Africa Treasury tide turn. Rawpixel/Currency collage

A turning tide – but can Treasury deliver?

Is South Africa at the start of a fiscal turnaround? Opinion from economic analysts is mixed

Golden goose. Rawpixel/Currency collage

How soaring gold prices gave National Treasury an extra R31bn

South Africa’s fiscus has been saved by the incredible run in gold prices

African markets. Rawpixel/Currency collage

Africa’s markets: battered, better and still standing 

For the first time in years, more African economies are forecasting GDP growth above 5% than below it, with Ethiopia leading the growth pack

Economy and investment

Growth hides deep investment slump

The economy grew 0.8% in the second quarter, but investment shrank again, signalling weak confidence. Without business, growth will stay fragile

Week ahead

The week ahead: is South Africa ready for the G20?

Mark your calendar – here’s the political and economic news to watch out for in the days to come

Confidence cooking. Rawpixel/Currency collage

The missing ingredient to economic growth: confidence

Confidence, not just reform, is the missing piece to South Africa’s growth puzzle. Without it, investment won’t increase and jobs will remain scarce

GDP. Image by Currency News

Government, we beg you, step aside!

The government is standing in the way of economic recovery. It’s time to let the private sector take the reins

Growth budget

The trouble with Godongwana’s ‘growth’ budget

Everyone wants a ‘growth budget’. But what does that actually look like? And is Budget 3.0 the answer?