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SA’s economy contracted by 2% in first quarter of 2020

30 June 2020, 1:52 PM

Figures by Statistic South Africa indicate that Gross Domestic Product (GDP) fell as a result of significantly low production output in the mining, manufacturing and construction industries.

Singapore cuts 2020 GDP forecast for third time on virus outbreak

26 May 2020, 2:21 AM

Singapore downgraded its 2020 gross domestic product forecast for the third time as the COVID-19 pandemic batters the bellwether economy, the Trade Ministry said on Tuesday.

IMF chief lauds Japan’s spending to combat pandemic, urges others to step up

1 May 2020, 2:40 AM

IMF chief Kristalina Georgieva on Thursday lauded Japan’s plans to spend about 20% of its gross domestic product to respond to the economic challenges of the coronavirus pandemic and help the world’s poorest countries, urging others to do their part.

South African economy enters recession

3 March 2020, 12:07 PM

South Africa’s gross domestic product contracted 1.4% in the fourth quarter of 2019, following a revised 0.8% contraction in the third quarter, data from Statistics South Africa showed on Tuesday.

Mining, manufacturing drag down GDP: Stats SA

3 December 2019, 6:02 PM

South Africa’s Gross Domestic Product (GDP) contracted by 0.6% quarter-on-quarter in the third quarter of 2019.

SA’s GDP growth welcomed with cautious optimism

4 September 2019, 7:16 AM

Economist, Raymond Parsons, has welcomed with cautious optimism the growth of the country’s Gross Domestic Product (GDP) in the second quarter of 2019.

Mining, Manufacturing, Finance and Real Estate show positive growth

3 September 2019, 3:52 PM

The Gross Domestic Product data that Statistics South Africa has released shows that mining, manufacturing finance and real estate had positive growth in the three months to the end of June 2019.

Money

Mixed reactions from economists ahead of second quarter GDP release

3 September 2019, 5:42 AM

Economists have mixed reactions to whether South Africa will evade a technical recession this quarter or not. Statistics South Africa will on Tuesday release the second quarter Gross Domestic Product (GDP) numbers.

Good and Services

The SA Economy “nine lost years” and still counting

12 June 2019, 7:04 AM

Data released by StatsSA last week indicate that the total value of all the goods and services produced in South Africa (i.e. the Gross Domestic Product or GDP) fell in the first quarter of 2019.

Ramaphosa hopes N Cape will increase its contribution to GDP

28 February 2019, 4:50 PM

President Cyril Ramaphosa says he hopes the Northern Cape will increase its contribution to the Gross Domestic Product (GDP).

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