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1 week ago | 
businesslive.co.za | Raymond Parsons |Sandile Ndlovu
The “shock and awe” imposition by US President Donald Trump of high tariffs on a wide range of countries was bad news for the world trading system and for Africa and South Africa in particular. International financial markets have taken a huge knock in the wake of the news and economic growth forecasts are being slashed everywhere.
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1 month ago | 
bizcommunity.com | Katja Hamilton |Raymond Parsons
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Commenting on the 4Q 2024 GDP growth figures released today North-West University Business School economist Prof Raymond Parsons says:North-West University Business School economist Prof Raymond ParsonsAlthough positive, the mild recovery in 4Q 2024 GDP again confirms that the GNU is right to have put much higher inclusive growth and stronger job creation as SA’s key overarching economic priorities.
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2 months ago | 
bizcommunity.com | Raymond Parsons |Katja Hamilton
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The GNU Cabinet’s decision to delay the Budget over tax disputes will increase policy uncertainty, affecting the rand and investor confidence.
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2 months ago | 
bizcommunity.com | Raymond Parsons |Katja Hamilton
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Despite economic headwinds and high inflation, South Africa’s rental market showed resilience throughout 2024. However, a quick succession of interest-rate cuts has many speculating about whether more tenants will finally make the move to homeownership.
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Nov 29, 2024 | 
businesslive.co.za | Raymond Parsons
Often described as the “queen of social sciences”, economics tries to answer the fundamental question of how best to satisfy the unlimited wants and desires of society using limited available resources. So, whether you hear economists talk about the big, pressing issues of economic growth, employment, investment, inflation, fuel prices or interest rates — in SA and elsewhere — it all really boils down to how markets and governments allocate scarce resources in the interests of society.
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Nov 12, 2024 | 
bizcommunity.com | Tim Cocks |Kevin Buckland |Katja Hamilton |Raymond Parsons
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Prof. Waldo Krugell and Prof. Raymond Parsons from the North-West University (NWU) dive into the global implications of former United States of America president Donald Trump’s re-election, specifically the impact he will have on South Africa. Prof. Waldo Krugell, professor in economics at the North-West University.
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Oct 25, 2024 | 
bizcommunity.com | Andre Cilliers |Raymond Parsons
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In a world still grappling with economic recovery post-Covid, the pressures of inflation continue to strain household budgets across South Africa. According to the 2023 Gartner Consumer Cost-of-Living and Price Sentiment Survey, 90% of consumers sought cheaper alternatives in at least one product category, while a third reported significant financial strain.
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Oct 14, 2024 | 
bizcommunity.com | Raymond Parsons |Katja Hamilton
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In a profound loss for South Africa, the passing of former Finance Minister and South African Reserve Bank Governor Tito Mboweni has left an indelible mark on the nation's economic landscape. It was sad to hear of Tito Mboweni’s unexpected passing over the weekend, and condolences go to his family.
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Sep 17, 2024 | 
bizcommunity.com | Camillus Eboh |Lindsey Schutters |Raymond Parsons
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Nigerian state oil firm NNPC Ltd on Monday increased the price of petrol by 11%, the second increase in two weeks and a day after it started purchasing the fuel from the giant Dangote oil refinery on the outskirts of Lagos. A view shows part of Dangote oil refinery in Ibeju Lekki district, on the outskirts of Lagos.
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Sep 10, 2024 | 
bizcommunity.com | Raymond Parsons
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For most of the past year, business executives listed inflation as their top concern. Yet easing inflation hasn’t improved their outlook: only a quarter or so expressed optimism about prospects for the US economy over the next 12 months, down from more than a third last quarter, according to the AICPA & CIMA Economic Outlook Survey.
