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...
Lecturer at TUT's Dept of Tourism, Unathi Henama says that the tourism sector is at the center of the economic policies in SA.
The Cape Town Marathon will be held on Sunday, 23 September.
Is biology putting the brakes on your sexuality? Callers share their experiences of sex and growing older.
Naked Scientist, Chris Smith shares his insights on some of the risks associated with smoking marijuana.
DStv has lost about 140 000 Premium subscribers to Netflix over the past two years, tech expert Arthur Goldstuck.
What are your sexual fantasies? Disclosure can bring sexual freedom, but it can also have downsides. A study lists the top trends.
These are the emergency numbers you should have on your cellphone and this is what you must understand about how they work.