The global economy has managed admirably through a series of shocks over the past few years – but 2025 is likely to be ...
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AllAfrica on MSNEconomic Growth Projected to Reach 1.8% Over the Next Three YearsSouth Africa's economy is projected to grow at an average of some 1.8% from 2025 to 2027, despite sluggish growth over the past decade.This is according to Finance Minister Enoch Godongwana who ...
“The year-to-date average unemployment rate of 32.8% exceeds the long-term average of 27.5% as labour force growth outpaces ...
National Treasury will soften the VAT hike by implementing it over 2 years, bringing the rate to 16% in 2026. Personal income ...
The CEMAC’s economy lost momentum in 2023. The external position weakened, with the current account shifting to a deficit and foreign reserve accumulation slowing. While inflation continued to ease, ...
South Africa's agricultural sector shows remarkable resilience with a 17. 2% growth in Q4 2024, leading economic recovery ...
Budget projects 1.8% growth, focusing on stability, reform and infrastructure to improve efficiency and boost investment.
As we head further into 2025, we find ourselves at the crossroads of economic volatility ... class that could surpass one billion by 2060, Africa is poised to become the next major player in ...
Kevin Urama, the bank's Chief Economist, said that Africa's economic performance and outlook remain resilient amidst multiple challenges, noting that gross domestic product (GDP) growth is ...
Despite ongoing challenges in the construction sector, South Africa’s economic outlook is showing encouraging signs of ...
The outlook for economic activity in South Africa has continued to cast a cautious shadow for the year 2025 despite a slight rebound in the country's gross domestic product (GDP) in the fourth ...
The biggest contributor to fourth-quarter growth came from agriculture, which expanded 17.2%. Fourth-quarter gross domestic ...
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