Tag Archives: SA

Deteriorating finances batter the SA economy

nternational rating agency Fitch in June also revised its South Africa outlook from the 2.3 percent it forecast previously to 1.7 percent. Photo: Reuters JOHANNESBURG – South Africa’s battling economy pushed further to the edge yesterday as Moody’s flagged that the country deteriorating public finances and weak domestic spending constrained retail sales. Moody’s said the pace of the country’s fiscal consolidation would ... Read More »

Obesity costs SA economy more than R700bn per year – study

Johannesburg – The economic impact of obesity in South Africa is more than R700bn per year, a study revealed. According to the Discovery Vitality OBEcity index for 2017, which presents insights on weight status and food purchasing behavior of Vitality members across six South African cities, the impact of obesity is not only limited to the health of individuals but the ... Read More »

SA still most attractive in Africa for investments – index

South Africa still ranks as the most attractive economy for investments destined for the continent despite challenges emanating from slow growth, a gloomy ratings outlook and waning perceptions, EY said in an index released Wednesday. The auditing and advisory company has also predicted a tough few years ahead for the continent. The global economy is struggling for growth amid slowing ... Read More »