It’s been over a decade since the start of the Global Financial Crisis , and markets have rebounded spectacularly in the years that have followed.

South Africa is likely to exit its technical recession in the third quarter, the Bureau of Economic Research (BER) said on Tuesday.

Tuesday, 04 September 2018 17:29

Downgrade risk returns as SA enters recession

Poor GDP figures released today revealed that South Africa has entered a technical recession following two consecutive quarters of negative economic growth, heightening the country’s risk of suffering yet another credit downgrade in the second half of the year, says Citadel Chief Economist and Advisory Partner Maarten Ackerman.

With Airports Company SA’s infrastructure upgrades complete at all 10 airports, the attention is now on the operational readiness for the World Cup.

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