While economic growth is expected to be mildly better in 2017, this is not yet expected to be enough to turn Real Household Disposable Income growth positive on a per capital basis.

Retail Sales growth tends to be more cyclical than overall economic growth, outperforming the latter in good times, but often underperforming economic growth in tougher times.

South Africa’s Gross Domestic Product (GDP) grew by 0.2% in the third quarter of 2016, Statistics South Africa’s Joe de Beer said on Tuesday.

Thursday, 27 October 2016 01:08

National Treasury revises growth down to 0.5%

South Africa’s economy has been revised down to grow at a rate of 0.5% in 2016, National Treasury said on Wednesday.

Published in News Categories

Finance Minister Pravin Gordhan says National Treasury will take a measured consolidation approach in order to create conditions that will set the country on a path of rapid economic growth.

Published in News Categories

Statistics South Africa (Stats SA) Deputy Director-General Joe de Beer says the country’s headline figure, the real gross domestic product (GDP), grew by 3.3% in the second quarter of 2016.

Gross Domestic Product for the 2nd Quarter of 2016 showed some mild improvement, returning to positive growth after a 1st Quarter contraction.

Wednesday, 31 August 2016 14:38

Sod turning ceremony to mark R11bn investment

The Coega Development Corporation (CDC) on Tuesday hosted a sod turning ceremony to mark the R11 billion investment by the Beijing Automobile International Corporation (BAIC) at the Coega Industrial Development Zone.

Some may perceive the Commercial Property Sector not to have “boomed” to the extent of the Residential Sector over the past 2 decades, with the Residential Market having experienced an extreme price growth boom prior to 2008.

Wednesday, 08 June 2016 19:26

GDP contracts in first quarter of 2016

South Africa’s Gross Domestic Product (GDP) contracted by 1.2% in the first quarter of 2016, Statistics South Africa (Stats SA) announced on Wednesday.

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