Africa: Government Welcomes Continued Growth in South Africa's Economy
you are currently viewing::Africa: Government Welcomes Continued Growth in South Africa's EconomyMarch 10, 2026-Government has welcomed the latest data released by Statistics South Africa showing that South Africa's economy grew by 1.1% in 2025, with Gross Domestic Product (GDP) expanding by 0.4% in the fourth quarter. Fourth quarter performance, covering the period from October to December, marks the fifth consecutive quarter of economic growth, signalling continued resilience in the economy, despite a challenging global environment. On the production side, growth was largely driven by key service-related sectors, including finance, real estate and business services, as well as trade, catering and accommodation and personal services. Source: allafrica.com |
May 26, 2026-The continent recorded an estimated average GDP growth of 4.4 percent in 2025, with 22 economies posting rates above 5 percent.
In 2026, Africa is projected to grow at 4.2 percent, despite heightened geopolitical tensions and global supply shocks.
Central Africa is expected to see growth rising to 3.8 percent in 2026 from 3.6 percent in 2025, buoyed by sustained high oil prices
June 15, 2026-The Victoria Falls Stock Exchange (VFEX) is positioning itself as a gateway to international capital entering Zimbabwe and other southern African markets. Will it take liquidity away from parent company the Zimbabwe Stock Exchange (ZSE), or are the two bourses complementary?