South Africa

Impact of Political Uncertainty on South African Growth

Impact of Political Uncertainty on South African Growth

Since 1994, the South African economy has gradually transformed with increasing numbers of black professionals and business owners in an economic climate which was once characterised by apartheid era pro-white economic policies. However, transformation has been slow in major income-generating sectors such as mining, farming and the manufacturing industry.

PESA Editorial – South Africa - 1Q2017/18

Constraints on South Africa’s 2017 Growth

In the midst of weak business and consumer confidence, the outlook for domestic growth has declined. The South African Reserve Bank (SARB) revised its GDP growth forecasts by 0.2 percentage points for 2017 and 2018, and by 0.3 percentage points in 2019.

PESA Editorial – South Africa - 1Q2017/18

Impact of External Factors on South Africa

The African Growth and Opportunity Act (AGOA) is an Act from the United States (US) that was passed on 18 May 2000 as Public Law 106 of the 200th Congress and has been renewed to last until 2025. Its primary aim is to strengthen market access for sub-Saharan African (SSA) countries that qualify to be a part of this Act.

PESA Editorial – South Africa - 1Q2017/18

Impact of Slow Global Growth on South Africa

Former Minister of Finance, Pravin Gordhan delivered the much anticipated South African budget on 22 February 2017. The budget reflects the difficult economic environment with unemployment having increased to 26.7% in 2016 (2015: 25.4).