According to Statistics South Africa, the country’s economy decreased by 2.0% in the first quarter of 2020. Extending the technical recession the country found itself in in the last quarter of 2019. Stats SA’s latest quarterly GDP figures come only…
The coronavirus pandemic could cost the global economy between $5.8-trillion and $8.8-trillion, according to the Asian Development Bank (ADB). The BBC reports that this is more than double last month’s prediction and equates to 6.4%-9.7% of the world’s economic output.…
South Africa has officially entered a technical recession, after Stats SA announced on Tuesday, 4 September, that the country’s real gross domestic product had decreased by 0.7% in the second quarter of the year. Stats SA data further showed a…
Junk status. Downgrades. Inflation. Recession. Fuel price hikes. These are terms South Africans are exposed to on a daily basis. The reality is that there’s a great deal of uncertainty about the economy, which means that consumers need to consider…
Statistics South Africa has announced on Tuesday that South African economy has entered a recession for the first time in eight years after showing negative GDP growth for a second consecutive quarter. The country’s gross domestic product (GDP) growth rate…
THE mobile and wireless industry has defied the global economic recession and is one of the most aggressive growth sectors in the world today.
Gartner Says Despite the Recession, Now is the Time for IT Leaders to Prepare for a Return to Business Growth Waiting Until the End of the Recession is Officially Announced Will Be Too Late to Meet New Demands.
According to a new study by ABI research, vendors of home automation systems are expected to ship nearly 2.8 million units globally in 2011. This is despite the prevailing negative economic climate.
The computer hardware market in Europe, Middle East and Africa (EMEA) showed its first yearly decline since 2001, in line with global forecasts.
The GSM Association (GSMA), which represents the interests of the worldwide mobile communications industry, is confident of the sector’s growth despite the ongoing global economic recession.