Aug 18, 2009
Economists were hopeful on Tuesday that the third quarter of the year would produce an even smaller contraction in gross domestic product (GDP) than the 3% quarter-on-quarter contraction recorded in the second quarter, while the final quarter would likely show a...
Aug 18, 2009
South Africa's economy remains stuck in a recession, according to gross domestic product (GDP) data released by Statistics SA on Tuesday.
The economy contracted once again in the second quarter of the year, according to the Pretoria-based agency.
Aug 12, 2009
Despite trade conditions remaining in negative territory and the Trade Activity Index (TAI) staying below the 50 point index level, it improved to 42 points in July, compared with 39 points in June, the South African Chamber of Commerce and Industry (Sacci) reported...
Aug 06, 2009
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South Africa’s electricity consumption dropped by 3,4%, or 699 GWh, year-on-year in June, with 19 816 GWh consumed, Statistics South Africa (Stats SA) reported on Thursday.
This was 1% higher than the electricity used the month before. Consumption in the second...
Aug 05, 2009
South Africa’s economy was at a “tipping point” and could be adversely affected if it was not appropriately managed and if restraint was not exercised in terms of a number of issues, the South African Chamber of Commerce and Industry (Sacci) said on Wednesday....
Aug 03, 2009
The Kagiso Purchasing Managers Index (PMI) in July dropped back to its May level of 37,3 index points, a “disappointing” performance in comparison with the global PMI, Kagiso Securities said on Monday.
The PMI, which is a key measure of manufacturing activity,...
Jul 30, 2009
South Africa’s producer price inflation (PPI) declined by a record 4,1% in June, Statistics South Africa (Stats SA) reported on Thursday, with an analyst saying that the PPI would likely continue on a deflationary trend for the rest of the year.
The June PPI was...
Jun 29, 2009
The number liquidations in May increased by 6,8% year-on-year to 283, while the total number of liquidations recorded between January and May had now increased to 1 640, Statistics South Africa (Stats SA) reported on Monday.
This 36,8% increase over the past five...