Recession

The JSE is likely to get trampled in a global stock market rout for a second day on Thursday. A worldwide share price plunge was sparked on Wednesday by what could be the start of a US tech stock bubble burst. Netflix fell 8.4% to…

Finance Minister Nhlanha Nene says he is due to present economic structural reforms and a stimulus package that he believes will pull the economy out of a technical recession. This after it emerged that the South African economy has…

SA has plunged into a recession with a surprise 0.7% contraction in the second quarter of the year. “We are in recession. We reported a contraction in the first quarter even with revisions and now in the second quarter with a fall of…