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Thuletho Zwane News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Building confidence slides to lowest since mid-2020

FNB senior economist Siphamandla Mkhwanazi says results suggest a similar performance is on the cards for the first quarter of 2024

Siphamandla mkhwanaziThuletho zwaneBureau for economic researchEconomic researchComment policyNew building demandFnb ber building confidence indexBusiness conditionsLow interest ratePrivate investmentArchitect and quantity surveyor activityUsiness live

Growing debt costs thwart Treasury s plan to slash budget deficit

Rising debt-service costs mean there is less left over for social development, health, economic development and security

David masondoThuletho zwaneNational treasuryComment policyGross loan debtDebt service costsFiscal frameworkMtef fiscal frameworkCost of borrowingServicing government debtUsiness live

Rising private sector credit shocks as it breaks downward trend

The 4.6% year-on-year increase in September is up from the previous month, but shocked market expectations of a 3.5% drop

Thuletho zwaneSa reserve bankComment policyPrivate sector creditFinancial stressDebt defaultsHigher borrowing costsTransport bottlenecksConsumer spendingJob creationWeak labour market conditionsDisposable incomeDebt services costsBorrowing costsJohannes khosaZwanet businesslive co za

ECONOMIC WEEK AHEAD: GDP growth number will lead the line-up

Economist expects growth to be stronger than in the first quarter despite uncertainty

Nairobi areaThuletho zwaneKenyatta international convention centreAfrica climate summitAfrica climate weekComment policyEconomic week aheadAfrica climate week 2023Economic outlookGdp prospectsClimate crisisGas emissionsS ampp global pmiRmb ber business confidence indexCurrent account of the balance paymentsFnb ber consumer confidence index

SA a drag on Sub-Saharan Africa s growth, World Bank report shows

SA estimated to expand by only 1.9% in 2022, while Nigeria and Angola are both expected to grow by 3.1%

Thuletho zwaneWorld bank global economic prospectsWorld bankSub saharan africaGlobal economic prospectsSunday timesComment policyGlobal economic prospects reportElectricity shortagesSsa growthMonetary policyUsiness live

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