·8 Jul 2025
South Africa’s economy has had a noticeably sluggish first half of the year, and hopes for a more positive turn in the second half may have just been upended by the US’s announcement of a 30% tariff starting in August.
While the South African economy held onto growth in the first quarter of the year, it was incredibly slow and underwhelming.
Q1 GDP data from Stats SA showed that South Africa only managed 0.1% growth in Q1 and expectations for Q2 growth are also subdued.
Nedbank attributed the stagnation to persistent weakness…
Durban July: One of the biggest horse racing events in Africa, the Durban July
combines fashion and horse racing in a glamorous setting.
Martini Flower
Forgive me for being a bit of an idiot but where do I find your newsletter subscription service?
bones
USSR: You have two cows. But you wish this was not the case, because in Soviet Russia, cow milk you.