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While we commemorate the International Day of the Eradication of Poverty, it's crucial to not only recognise this enduring challenge but also to explore innovative solutions. Financial inclusion stands out as a pivotal instrument.
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South Africa's economy is currently grappling with a series of mounting economic and social challenges.
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The good news is that GDP growth of 0.4% in 1Q 2023, following on the revised -1.1% growth in 4Q 2022, has enabled the SA economy to avoid a technical recession.
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We must get to the bottom of what happened with the Russian cargo ship, Lady R.
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The red lights are also now flashing even more strongly for SA’s growth outlook.
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Despite global fractures and growing economic risks, fears about deglobalisation are exaggerated and based on the wrong mischaracterisation of what is at play.
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The 2023 Budget Speech was a surprise-free, pragmatic, and credible response to a challenging set of global and domestic economic circumstances.
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In managing the various risks facing the economy now there is room for legitimate differences of interpretation regarding the pace at which borrowing costs should again increase.
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Next year, South Africa will be marking three decades since the onset of its democracy. We need to reflect on what would constitute a significant marker of the country’s economic achievement.
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The SARB’s recent MPC statement conveyed an understandably hawkish message about the inflation outlook in the economy in the midst of several global and domestic uncertainties.
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