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    The South African economy is going backwards

    26 August 2015 The South African economy has contracted twice this year with massive hits to the ¬†mining and ¬†manufacturing sectors caused largely by strike action and erratic electricity supply. Agriculture has also suffered due to drought conditions in 2015. There appears to be a much more broad based weakness in the economy with implications […]

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    South African facing an economic crises

    The latest economic indicators released yesterday by StatsSA show that South Africa is facing an economic crisis. Unemployment is rising and economic growth is dangerously slow. The figures released show that since President Jacob Zuma came to office; unemployment has skyrocketed from 31.7% in 2009, to 36.1% in 2015. This means that 2 million more […]

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