The Money Show’s Bruce Whitfield interviewed Mike Schussler, Chief Economist at Economists.co.za.
Schussler says South Africa could be heading for a recession.
He gives the following five reasons:
Productive sectors are struggling
We’re shooting ourselves in the foot (e.g. load shedding, tourism visa issues, etc.)
- The rand, inflation and interest rates
Scroll down for quotes from the audio below.
We’re probably already in a recession.— Mike Schussler
Recommendedby NEWSROOM AI
After six years on the up; are you shocked at how far stocks have fallen? Warren Ingram puts the recent drop into context...
The Shanghai Stock Exchange has, so far, plunged 42% from its peak in June. Some commentators think China is in a recession.
We interview Cape Times Shipping Columnist Brian Ingpen about hopeful plans for South Africa’s ocean economy.
There is so much bad news right now. Financial Advisor Warren Ingram on how it should affect your financial decisions…
How to protect your wealth should the JSE start to weaken...
The City of Cape Town welcomes the first-ever ShotSpotter-linked conviction and sentence, handed down this month.
The instruction from Moyane to the official was to allegedly avoid speaking to KPMG investigators during 'rogue unit' inquiry.
Reverend Solomuzi Mabuza says he is considering laying charges against the woman for calling him a ka***r.
State-owned (but not managed) Ethiopian Airlines is profitable. Bruce Whitfield interviews Africa correspondent Lee Kasumba.
On Tuesday, SuperSport released the findings of an investigation by Advocate Vincent Maleka.
Former director Nerisha Singh says Grant Thornton SA sabotaged her job prospects after speaking up about sexual harassment claims.
An expert on human trafficking explains how the syndicate operates and how women are lured into dens.
The Money Show’s Bruce Whitfield interviews the famed and fearless journalist about his money history, hopes and beliefs.
On Technobyte this week the traditional doorbell goes hi-tech, Uber wants to fly you and Google is launching an AI lab in Ghana.