Tag Archives: economy

DEVELOPMENTS IN SOUTH AFRICA JANUARY 2017

ECONOMY The threat of downgrading the SA economy to junk status by mid-2017 remains high according to Moodys and Fitch. Unemployment in the third quarter stands at 27.1% – the highest in 13 years. South African core inflation, which excludes food, fuel and beverages, was 5.7% in October 2016 and accelerated to 6.6% in November. […]