Tag Archives: electricity supply

South Africa’s Credit Rating Affirmed by Standard and Poor’s

Standard & Poor’s (S $ P) affirmed South Africa’s credit rating on Friday, saying tax increases should limit fiscal risks in the next three years stating the following. Firstly, real GDP growth in South Africa is expected to be limited to 2.1% in 2015, owing to electricity supply shortages among other factors, but we think there will be a slight […]

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Why Capital Flows into South Africa slowed in Fourth Quarter of 2014

By Vivian Atud What: According to the Reserve Bank’s Quarterly bulletin released earlier today- Tuesday March 17th 2015, capital into South Africa Slowed in fourth quarter as a proportion of GDP. The figures showed capital flows slowing down to 2.4 percent of Gross Domestic Product (GDP), or R23.3 billion from 6.1%, or R58.3bn, in the third quarter, the report showed […]

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Motor Trade Increased 3.5 Percent in 2014

What? Johannesburg—Sunburst Africa–According to figures released by Statistics South Africa (StatsSA) yesterday, measured in nominal terms (current prices), motor trade sales increased by 3,5% in 2014 compared with 2013. The highest annual growth rates were recorded for fuel sales (6, 3%), workshop income (5, 9%) and sales of accessories (5, 2%). In December 2014 motor trade sales (current prices) increased […]

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