South Africa’s gross domestic product (GDP) increased by 0,5% in the third quarter of 2025, following a 0,9% rise in the second quarter, Statistics South Africa reported. Growth was supported by mining, trade, government services, and household spending, while electricity, gas, and water production declined. By sector, trade, catering, and accommodation expanded by 1,0%, with… Continue reading South Africa’s Economy Grows 0,5% in Q3 2025
Tag: GDP
South Africa Posts 0,8% GDP Growth but Investment and Exports Lag
South Africa’s economy posted a modest recovery in the second quarter of 2025, with gross domestic product (GDP) growing by 0,8% between April and June, Statistics South Africa announced on Tuesday.The growth comes after a sluggish 0,1% increase in the first quarter, and offers some relief for an economy still battling structural weaknesses, load shedding,… Continue reading South Africa Posts 0,8% GDP Growth but Investment and Exports Lag
How Neoliberal Dogma and its GDP, Jobs Mirage Continue to Betray SA’s Liberation Promise
Economists and analysts habitually compare presidential GDP records: Nelson Mandela (2.7%), Thabo Mbeki (4.2%), Jacob Zuma (1.7%) and Cyril Ramaphosa (0.6%). This spectacle reduces complex national journeys to a neoliberal scorecard, obscuring the ongoing structural effects of apartheid behind sporadic growth spurts. As Joseph Stiglitz aptly notes, GDP measures “everything except that which makes life… Continue reading How Neoliberal Dogma and its GDP, Jobs Mirage Continue to Betray SA’s Liberation Promise