The global economy is set to continue its sustained recovery in the year ahead, but risks and "dark corners" remain.

South Africa has to start creating skills – and a key part of that is to bring back the system of apprenticeships where people can literally learn on the job.

The good news is that South Africa has, after all, narrowly avoided a ‘technical recession’.

As expected, the MPC unanimously decided at a fourth consecutive meeting (and its first meeting of 2024) to again keep interest rates unchanged and thus higher for longer.

The decline in 3Q GDP growth to -0.2% from 0.5% in 2Q 2023 was worse than expected.

While we commemorate the International Day of the Eradication of Poverty, it's crucial to not only recognise this enduring challenge but also to explore innovative solutions. Financial inclusion stands out as a pivotal instrument.

South Africa's economy is currently grappling with a series of mounting economic and social challenges.

The good news is that GDP growth of 0.4% in 1Q 2023, following on the revised -1.1% growth in 4Q 2022, has enabled the SA economy to avoid a technical recession.

The red lights are also now flashing even more strongly for SA’s growth outlook.

The decision by the Monetary Policy Committee of the SA Reserve Bank (SARB) to raise the repo rate should not have come as a major surprise.