Mbuyiseni Ndlozi

EFF blames recession on lack of quality leadership from ANC

By News24Wire 07-06-17 16:24

The Economic Freedom Fighters (EFF) blamed the recession on the ANC’s inability to provide leadership, after first-quarter gross domestic product growth figures indicated that the country has entered into a technical recession. The economy contracted by 0.7% during the quarter, falling short of market expectations of a 1% expansion.

Seeing South Africa through the eyes of foreign investors

By TheSouthAfrican.com 15-04-14 15:26

South Africans tend to believe we are the only country with problems and that anything that goes wrong is directly self-inflicted. But the rand isn’t being punished because of our politics or strikes. South Africa is experiencing the same challenges as other emerging economies at the tail end of a global recession, says Jeremy Gardiner, a director at Investec Asset Management.

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