South Africa’s economy expands in Q2 – stats agency

Hamilton Nwosa
Writer

Ad

Crude Oil Price Outlook – Crude Oil Continues to See Consolidation

Crude oil weakens on Friday as both WTI and Brent face heavy overhead resistance, with supply concerns and ineffective sanctions capping rallies. Price action suggests a developing range, making short-term exhaustion points attractive for potential fading. Crude Oil Technical Analysis The light sweet crude oil market has fallen significantly during the early hours on Friday…

Top 10 most powerful families in Africa 2025

Africa’s power is not just about presidents, CEOs, or celebrities, it often runs through family bloodlines. From old-money dynasties to modern disruptors, these families wield influence across politics, business, culture, and technology, shaping nations and industries in ways few notice but everyone feels. Nigeria's Dantata–Dangote family combines legacy wealth with industrial dominance. South Africa's Motsepe…

Here are the 20 best cities in the world to live in or visit

Resonance, a data and research firm, has released its Best Cities report, an annual ranking that spotlights the globe's most influential and economically thriving cities. To identify the best places to live and visit, the company compared over 400 cities with populations exceeding 1 million. It scored each city on three factors: livability, lovability, and…

Ad

South Africa’s economy expanded by 3.3 percent in the second quarter of 2016 after shrinking by 1.2 percent in the three months to March, Statistics South Africa said on Tuesday.

Gross domestic product also expanded by 0.6 percent on an unadjusted year-on-year basis in the second quarter, compared with 0.1 percent contraction in the previous three months, the agency said.

Economists polled had expected a quarter-on-quarter GDP expansion of 2.3 percent while the economy was seen expanding 0.5 percent year-on-year.

 

Ad

X whatsapp