06/28/2019
While electricity supply from state-owned Eskom has since stabilised, business and factory confidence dropped in May and spending by households, which make up 60% of GDP, remains weak.
06/27/2019
New World Wealth’s head of research, Andrew Amoils, said despite the 10% decline in SA’s private wealth in 2018, the country is still the largest wealth market in Africa, even surpassing Egypt.
06/27/2019
In 2017, that growth slumped to just 3.5 percent. In 2018, growth in a basket of four powerhouses in SSA printed at a measly 4 percent, barely expanding.
06/21/2019
CAPITAL inflows are seen weakening further this year with consumer spending falling by 10% to 15% to RTGS$32 billion from RTGS$36 billion in 2018 despite government’s optimistic projections, an economist has said.