growthlatest news & developments
South Africa economy turnaround. Pexels / Sherissa; Rawpixel; Currency

The investment gap behind South Africa’s recovery story

South Africa’s recovery narrative is gaining traction, yet the foundations for faster growth remain worryingly thin

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

middle class houses. Pexels/Magda Ehlers; Rawpixel; Currency

Democracy needs a strong middle class. South Africa doesn’t have one

A larger middle class isn’t just good economics. It’s a strong foundation for a healthy democracy. South Africa should take note

Spinning globe. Rawpixel/Currency

Business strategy: the three things that don’t change

What economists know about strategy that strategists keep forgetting: the constants a business can actually navigate by

Capitec soaring. Rawpixel/Currency collage

Why Capitec is miles above the competition 

Capitec’s numbers still dazzle, but the real story is its reinvention from a high-growth lender into something far broader – and perhaps harder to sustain

Standard Bank Sim Tshabalala. Picture: supplied

Standard Bank’s next target is Tshabalala’s last big test 

The bank has hit every target set after Covid. Now it must deliver new ones amid an oil war – with East Africa still a major strategic gap

Pty(Ltd) sign. Rawpixel/Currency collage

Why companies are the real winners in this year’s budget

National Treasury has put forward the most company-focused set of tax proposals in at least a decade, which is crucial for faster growth

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

Ban Ki-moon. Supplied

Ban Ki-moon’s (overly) simple fix for South Africa

The former UN secretary-general says South Africa should focus on education and governance if it wants to emulate South Korea. But it’s more than that

child piggy bank shadow. Rawpixel/Currency collage

Why we need to think bigger about saving – EasyEquities

South Africa does not have a speculation problem, it has a savings problem – and lifting the tax-free savings limit is a great place to start

CAPE TOWN, SOUTH AFRICA – OCTOBER 30: Minister of Finance Enoch Godongwana at the media briefing before 2024 Medium Term Budget Policy Statement at Imbizo Media Centre at Parliament on October 30, 2024 in Cape Town, South Africa. The statement outlined government’s policy goals and macroeconomic forecasts for the next three years. (Photo by Gallo Images/Brenton Geach)

Why halting South Africa’s debt binge is a huge win for the GNU

For the first time in fifteen years, South Africa’s debt-to-GDP will not rise. This is a major step in re-igniting the country’s growth

American business at G20. Rawpixel/Currency collage

Like it or not, Trump, America is at the G20 

Despite Trump’s boycott, US business chiefs have turned up in numbers for the G20’s business streams

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

Mini budget MTBPS by the numbers. Rawpixel/ Currency collage

By the numbers: highlights from the mid-term budget

Debt stabilises but declines more slowly than planned as Treasury banks on reforms, rising revenue and a lower inflation target to sustain momentum

Jobs. employment. Rawpixel/Currency collage

One sunny day for jobs doesn’t make a summer

South Africa added 248,000 jobs in Q3, but year-to-date losses and weak growth show how fragile the recovery remains. The budget will need to do more

Sappi CEO Steve Binnie. Supplied

Can Sappi break this year’s losing streak?

‘I wish I was a gold miner at the moment,’ says Sappi CEO Steve Binnie, who still sees a brighter future for the company’s textile-friendly products

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

Africa shining

Africa – finally boom adjacent

Improving terms of trade, strengthening currencies and falling inflation are priming the continent for a growth surge

Gore & Co to Joburg’s rescue?

South Africa’s top business brains have opened up a new front in their quest for an economic success story: Joburg

Reserve Bank governor Lesetja Kganyago. Gallo Images/Alet Pretorius

The price of state dysfunction

The SARB has paused its cutting cycle as state-set prices push up costs. It’s why badly needed reforms are key to unlocking lower interest rates