Anastasi Mokgobu

2 days ago | jacarandafm.com | Anastasi Mokgobu

He responded to a new report by the Organisation for Economic Co-operation and Development (OECD), released by the National Treasury, just days after GDP figures showed sluggish growth in the first quarter. The OECD’s latest economic survey, released on Thursday, noted that South Africa’s economy remains weak, with job creation still a significant challenge. It urged the country to lower its inflation target to help stimulate growth.

3 days ago | jacarandafm.com | Anastasi Mokgobu

Malema reacted to Shivambu’s removal as MK Party secretary general following a controversial trip to Malawi, where he was seen with fugitive prophet Shepherd Bushiri. He spoke to the media outside the Pretoria North home of Presley Chweneyagae, where he was paying his respects to the late actor. “‘Yena aya kwini’ (the XiTsonga phrase meaning ‘where did he think he was going’),” said Malema. “I don’t work with Floyd, not in Parliament, not at a soccer match, not anywhere.

3 days ago | jacarandafm.com | Anastasi Mokgobu

North-West University economist Waldo Krugel said it is disappointing that economists are forced to welcome a mere 0.1% growth. Stats SA confirmed that South Africa avoided contraction between January and March, with growth mainly driven by agriculture. The agriculture, forestry, and fishing sector grew by 15.8%, contributing 0.4 percentage points to GDP. ”It’s a pity that economists have to be optimistic about just 0.1% economic growth.

3 days ago | jacarandafm.com | Anastasi Mokgobu

South Africa’s economy grew by just 0.1% between January and March, Statistics South Africa announced on Tuesday. The GNU, formed after the 2024 elections. includes the Democratic Alliance, Inkatha Freedom Party, Patriotic Alliance, GOOD Party, Pan Africanist Congress, Freedom Front Plus, United Democratic Movement, RISE Mzansi, and Al Jama-ah. North-West University economist Waldo Krugel said that the drop in investment and inventories is a sign of economic fragility.

3 days ago | jacarandafm.com | Anastasi Mokgobu

The sector showed strong performance in both exports and employment between January and March. Stats SA’s latest GDP figures show the agricultural sector grew by 15.8%, contributing 0.4 percentage points to overall economic growth. Steenhuisen says the growth was driven by higher export volumes of grapes, maize, apples, and wine, supported by stronger international commodity prices.