insert_link South Africa DA Warns of Economic Risks as S.A. GDP Growth Slows In S.A, the DA says the weak 0.6-percent gross domestic product growth rate in the fourth quarter of 2024 is a warning sign that unless urgent action is taken, the country will continue to slide deeper into economic decline. Statistics South Africa attributed the growth to, among others, an increase of 17.2-percent in the agriculture, forestry, and fishing industries. The DA’s, Mark Burke, says the economy is clearly in crisis, […] today5 March, 2025
insert_link Business / Economics Economic Growth Slows As Inflation Declines According To BoN Josefina Oskar from the Bank of Namibia reported that the economy grew by 2.8% in Q3 of this year, slower than the 3.1% in the same period last year. The decline was mainly due to weaker agriculture and mining sectors, while manufacturing and construction saw growth. Inflation eased to 4.1%, with the headline rate dropping to 3.0% in October and November. today18 December, 2024
insert_link South Africa Cosatu Expresses Concern Over South Africa’s 0.3% GDP Contraction S.A Union Cosatu says it is disheartening that the country’s gross domestic product has contracted by 0.3-percent in the third quarter compared to the second quarter. Statistics South Africa said the leading contributors to the decline were agriculture, transport, and communications. Cosatu’s, Zanele Sabela, says for a brief period, it appeared as if things were improving when expanded unemployment fell by 0.7-percent, and inflation dropped to 2.8-percent: today4 December, 2024
insert_link World Gaza’s GDP declined by $655 million in 2023 According to the UN Trade and Development Agency’s latest report, Gaza’s Gross Domestic Product declined by $655 million last year, roughly 25 percent, mainly due to the onset of war. Here’s Rami Al Azzeh, an economist with the Assistance to the Palestinian People Unit at UNCTAD. today1 February, 2024
