In 2023, South Africa's economy grew by 0.6%, mainly due to issues like energy shortages, logistical problems at Transnet and declining confidence among businesses and households.
BUSINESS
The SA Reserve Bank (Sarb) has expressed optimism in government's efforts to tackle the country’s energy crisis, while also raising concerns about fiscal strains amid high expenditure and sluggish economic growth.
On Tuesday, the Sarb released its biannual Monetary Policy Review (MPR) document, which spans 63 pages and is aimed at enhancing public understanding of monetary policy.
South Africans need to be in the know if we want to create a prosperous future. News24 has kept the country informed for 25 years, and we're about to enter a new chapter of fearless journalism. Join our free subscription trial to unlock this story and a world of news aimed to inform, empower, and inspire.