Home Topics South Africa’s Economy

South Africa’s Economy

A medical worker wearing personal protective equipment (PPE) takes a swab sample from a man, as South Africa starts to relax some aspects of a stringent nationwide coronavirus disease (COVID-19) lockdown in Diepsloot near Johannesburg, South Africa, May 8, 2020. REUTERS/Siphiwe Sibeko/File Photo

OECD: South Africa economy could contract 8.2% if second coronavirus wave hits

South Africa’s economy could contract 8.2% this year, and grow just 0.6% in 2021, if a second wave of COVID-19 cases hits the country and its main trading partners, the OECD said on Friday.
A member of medical staff attends to residents as they queu during screening and testing campaign aimed to combat the spread of the coronavirus disease (COVID-19), in Lenasia, South Africa, April 21, 2020. REUTERS-Siphiwe Sibeko

South Africa’s coronavirus cases jump by 297

South Africa reported another 297 positive cases of the coronavirus on Thursday, another big jump after cases climbed by their most in single day on Wednesday, bringing the total in the country to 5,647, the health department said in a statement.

Recent Stories

Nigerian Breweries earns N152 billion revenue in six months

Nigerian Breweries Plc says it earned a revenue of N152 billion for the half-year (H1) ended June 30, 2020.
Leon Balogun made his debut while Joe Aribo was in action as Glasgow Rangers secured a 1-0 win over Aberdeen in their first game of the 2020-21 season.

Leon Balogun hails Rangers duo after impressive win vs Aberdeen

Rangers’ new defender savoured his opening Scottish Premiership experience with an impressive performance in his side’s 1-0 win at Aberdeen, courtesy of Ryan Kent’s first-half strike.
Delta Governor, Senator (Dr) Ifeanyi Okowa (2nd right), Commissioner for Culture and Tourism, Lawrence Ejiofor (right), Commissioner for Housing, Chief Festus Ochonogor (1st left), and Arc. Kester Ifeadi, project consultant, (2nd left), during the Governor’s inspection of the Leisure Park and Film village under construction in Asaba Monday

Governor Okowa: We‘ll boost Delta economy through projects

Delta State Governor Dr. Ifeanyi Okowa, on Monday, assured that the state government would continue to give priority attention to projects that would boost the economy and enhance the living condition of the people.
The Federal Capital Territory (FCT) administration has raised alarm over rising cases of insecurity and vandalism in the territory. Abuja

FCTA directs schools to re-open for graduating class students Tuesday

The Education Authority, Federal Capital Territory Administration (FCTA) has directed all schools in Abuja to re-open academic activities for students in graduating classes on Tuesday.
Kayode Alabi

Kwara students to resume Wednesday

All Senior Secondary 3 students in Kwara would resume on Wednesday as the state government had distributed 65, 000 face masks to schools ahead of the resumption.