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·This article aims to study real GDP inflation rate exchange rate and their impacts on the unemployment rate in South Africa by considering the annual time series data covering the period 1980 2018
·In 2023 South Africa hosted 98 international and regional association meetings and conferences that met the criteria set by the International Congress and Conventions Association ICCA These meetings contributed significantly to the South African economy with a total estimated economic impact of just over R2 billion
·The tourism industry is a substantial contributor to the South African economy The main aim of this study is to analyse the tourism industry s performance during the Covid 19 pandemic with
·The rates of entrepreneurship and new venture creation are of concern in the South African economy This phenomenon is reflected in the low rates of businesses operating as small micro and medium enterprises SMMEs Due to the importance of SMMEs in the economy this study identified and investigated employment and wealth creation factors
He is a senior lecturer at UJ and currently also serves as a part time member of the Competition Tribunal of South Africa He holds a PhD economics from UJ and recently co edited an HSRC Press book titled Opening the South African Economy Barriers to Entry and Competition
·South Africa s democratic transition in 1994 brought with it great hope and expectation for better inclusion of the previously disadvantaged into the economy
·The South African economy transformed substantially since 1910 While primary sectors like agriculture and mining had formed the backbone of the economy during the early decades financial
·South Africa is a country that has been plagued by drought for many years The effects of this natural disaster have been felt across the board from agriculture to tourism In particular the South African economy has suffered greatly
·The benefits of mining in South Africa include Mining provides critical resources and jobs The mining sector employs 1 million people in South Africa and contributes more than R2 trillion to the country s GDP annually Mining has been a vital part of the South African economy for centuries and it continues to be an important contributor today
The National Treasury 2020 expects the economy of South Africa to contract by % in 2020 primarily due to restrictions on e conomic activity to contain the spread of the Covid 19 virus
· Macroeconomic context In a recent statistical release by Statistics South Africa SSA Citation 2022 it is apparent that South Africa only returned to its pre pandemic GDP level in the first quarter of get some understanding of the extent of the shock that the COVID 19 crisis inflicted on the economy and how it impacted different sectors in the
·In order to explain how climate change can influence the availability of workforce and how it can influence the gender pay gap a recent study conducted by researchers at CMCC Ca Foscari and RFF CMCC European Institute on Economics and the Environment EIEE has examined the impact of climate change on female work in South Africa The study
·The prime interest rate in South Africa has fluctuated over the years In January 2020 the prime rate was 10% and it has since increased to the current rate of % What is the repo rate and how does it affect the South African economy The repo rate is the interest rate at which the South African Reserve Bank lends money to commercial banks
·The South African post 2008 global financial crisis is experiencing various economic challenges Among these one can mention the escalation of unemployment growth the discrepancy in company tax
·Furthermore the global growth outlook remains weak Following the steady recovery in trading partner growth in 2021 of % growth slowed to an estimated % last year
·implications of evasion and avoidance of taxes on South African economy progress from 1994 to 2021 The data gathered provided us with basis of As far as policy is concerned the conclusion is reassuring that tax evasion and avoidance has minimal effect upon economic growth as long as tax rates are being risen The results of this study
·The study assesses the challenges faced by MSMEs in South Africa during the COVID 19 pandemic The assessment has been conducted with a focus on various sectors in the South African economy including the agriculture construction food and beverages and manufacturing The study looks at the impact of COVID
·Impact of Covid 19 on the South African economy iii Notes Agri&ff = Agriculture fishing and forestry Trdacc = Trade and accommodation services Fin&bs = Financial and business services Figure ES2 Impacts on value added for broad industries for the full shock as percentage deviations
·The spike in fertilizer prices is a major concern because of the effect it has on food prices across Africa Under normal circumstances one could hope that lower domestic production of food crops can be offset with increased imports the prices of major fertilizers including di ammonium phosphate triple superphosphate urea and potassium
·This paper interrogated the impact of foreign direct investment FDI on economic growth in the South African economy The study employed annual time series data covering 1960 to 2019 extracted
The growth trend in the South African economy has been positive but in comparison with other BRICS countries such as China and India South Africa has not performed well enough According to the IMF world economic outlook 2014 South Africa s average annual growth rate between 1990 and 2011 is percent whereas comparable figures of China
·POLITICS MINING AND PEOPLE THE IMPACT OF MINING ON THE SOUTH AFRICAN ECONOMY AND LIVING STANDARDS INTRODUCTION AND SYNOPSIS There are two ways of looking at mining in South Africa The first is to see it as a sunset industry plagued by rising costs technical difficulties and political hostility The second is to see […]
·According to the authors the nexus between Agri Food resources and economic growth serves as a vital input of environmental performance in areas such as air quality biodiversity forestry and
·South Africa has long been an international outlier as a producer and consumer of coal In 2019 it accounted for 3 6% of global coal production compared to 0 4% of the world s gross domestic
·An attempt is made in this paper to shed a light on global financial crises between 1980 and 2012 and provides a discussion on its impact on the South African economy Discover the world s
South Africa faces an economic growth and employment crisis Gross Domestic Product GDP grew at a lacklustre average of per cent per year from 2010 to 2019 down from per cent per year over the prior post apartheid period 1994 to 2009 1 The implication has been a failure of the economy to generate sufficient employment opportunities to absorb new entrants into the