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Markets, analysts give Godongwana s Budget 2024 a cautious cheer

Sin taxes are going up. But markets and analysts have raised a cautious glass to the 2024 Budget tabled on Wednesday by Finance Minister Enoch Godongwana.

South africaSouth africanPeter attard montaltoRazia khanNational treasuryAfrican reserve bank sarbForeign exchange contingency reserve accountAfrica economist at standard chartered bankSouth african budgetSouth african reserve bankReserve bankFinance ministerChief africa economistStandard charteredAttard montaltoDaily maverick

SA unemployment rate edges up to 32 1% in Q4 2023

SA’s unemployment rate edged up to 32.1% in the fourth quarter of last year from 31.9% in the previous quarter.

South africaSouth africanSouth africansQuarterly labour force surveyAfrican national congressStatistics south africaSenior economistOxford economics africaEconomy gdp jobs quarterly labour force survey recession stats sa unemployment

This is what the unemployment rate tells us about SA s economy

Decimal changes to South Africa's unemployment rate reflect a stagnant economy, an economist says about the fourth quarter data.

South africaSouth africanJohannes khosaNicky weimarNedbank group economic unitOxford economics africa

Budget 2024: A game of give and take – economists

As with the 2023 MTBPS, the finance minister will not have a positive story to tell come budget day, economists say.

South africaSouth africansEnoch godongwanaClimate change response fundNational health insuranceBureau for economic researchNational treasuryForeign exchange contingency reserve accountBudget speechOxford economics africaTerm budget policy statementOxford economicsMedium term expenditure frameworkEconomic researchNation addressNational health

Kenya to Repurchase $1 44 Billion of June 2024 Dollar Bonds

Kenya’s government said it will repurchase the bulk of its outstanding June 2024 dollar bonds, a move to shore up market confidence amid concerns about repaying the $2 billion principal.

East africanUs dollar spotCoted x27 ivoireOxford economics africa

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