fbpx

Month: Jan 2020

IMF Cuts SA’s 2020 Growth Forecast

28 January 2020 – Structural constraints and deteriorating public finances are impacting SA’s growth prospects negatively, with the International Monetary Fund revising down growth projections for the country. The IMF on Monday published its world economic outlook for 2020. South Africa’s growth has been revised down by 0.3 of a percentage point to 0.8%, compared …

IMF Cuts SA’s 2020 Growth Forecast Read More »

Inflation Quickens Slightly In December

23 January 2020 – Annual consumer inflation edged up to 4,0% in December from November’s 3,6%. The main contributors to the 4,0% rate were food and non-alcoholic beverages; housing and utilities; transport; and miscellaneous goods and services. The food and non-alcoholic beverages category recorded an annual rate of 3,9%, slightly higher than the 3,5% recorded …

Inflation Quickens Slightly In December Read More »

South Africa Consolidates FDI Recovery With Inflows Of $5bn In 2019

21 January 2020 – A new United Nations Conference on Trade and Development (Unctad) report estimates that foreign direct Investment (FDI) flows to Africa rose by 3% to $49-billion ($47-billion) in 2019, with South Africa consolidating on the recovery it recorded in 2018, when inflows more than doubled from $2-billion to $5.3-billion. Unctad’s latest Global …

South Africa Consolidates FDI Recovery With Inflows Of $5bn In 2019 Read More »

Trade Conditions Remain Tight

17 January 2020 – Trade conditions remained in negative territory in December, with the Trade Activity Index, compiled by the South African Chamber of Commerce and Industry (Sacci), having remained below the neutral 50-point level, at 44. The index had, however, improved by one point in December. “All components of trade activity declined in December …

Trade Conditions Remain Tight Read More »