SA trade deficit at worrying levels

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By Kevin Lings

In February 2008, South Africa’s trade account recorded another deficit of R5.8bn. The market was expecting a deficit of around R4bn, although the trade balance is notoriously difficult to forecast. During February 2008 exports rose by a very substantial 19.3% m/m, but imports also rose by a significant 6.4% [...]

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No rope in sight

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Source: Slate, March 28, 2008.

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The hopes and challenges of a rainbow nation

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By Robert Ruttmann

Fourteen years after the system of apartheid gave way to a freely elected black-majority government, South Africa is enjoying its longest period of economic growth ever: 96 months and counting.

The economy has grown by approximately 5 percent per year in the past four years, adding half a million [...]

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Fixed investment faces uncertain crossroads

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By Cees Bruggemans

The SARB’s quarterly bulletin for 4Q2007 still showed a remarkable robust fixed investment growth picture, led by construction activity, dominated by the tremendous infrastructure effort underway in many areas (Gautrain, power stations, port expansion, with road building next).

This general impression of construction robustness was carried through into [...]

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