Economy

South Africa to focus on growing its economy

This October South Africa’s President Jacob Zuma aims to focus on the country’s economic growth, to meet the 5% target he set at his State of the Nation address in June this year.


NDP to address obstacles to growth: Ramaphosa

The recently released framework for implementing the National Development Plan will help tackle domestic obstacles to growth in South Africa, drive growth in productive sectors of the economy, and cut down on red tape hampering investment, says Deputy President Cyril Ramaphosa.


SA economy grows at 0.6% in second quarter

South Africa's economy grew at 0.6% in the second quarter, following a -0.6% contraction in gross domestic product (GDP) growth in the first quarter, thus avoiding entering a technical recession.


Commission told to tackle infrastructure delays

President Jacob Zuma has called on the ministers, premiers and mayors on the Presidential Infrastructure Coordinating Commission to work together urgently and creatively to speed up delivery of the country's infrastructure build.

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Business update

South African finance and economy news.

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Development

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Economy overview

South Africa has the most advanced, broad-based industrial sector on the continent.

Global ratings

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