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indicating that the majority of South African consumers expect their household finances to improve over the next 12 months. The Bureau for Economic Research (BER) noted in the CCI publication that “the majority of middle-income consumers anticipate a further improvement in their household finances”. PwC expects a 6.3% increase in nominal ...
Dec 1, 2022 · South African government spending broke the R2 trillion mark in the 2020/21 financial year. Large increases in expenditure were recorded for social protection, health, and general public services as the country battled the COVID-19 pandemic. At the same time, total revenue declined on the back of lower taxes received.
household budgets, spending and debt SOUTH AFRICA Q2 2021 TransUnion’s quarterly survey helps to understand how consumers’ personal finances have been impacted by the COVID-19 pandemic. The study measures changing consumer attitudes and behaviour based on the dynamics of income, debt and identity theft. The analyses and insights inform ...
The nature of household expenditure has assumed a profound change, with several categories benefiting from the pandemic's disruption to economic activity, while others have been dealt a blow by ...
• The South African economy grew faster than expected in the first half of 2021, but this momentum is expected to wane following public violence in July, port and rail disruptions, and the third wave of COVID-19 infections. • Real GDP is forecast to grow by 5.1 per cent in 2021. Output is expected to return to pre-pandemic levels in 2022,
Jul 1, 2022 · 2019/2020 – 2020/2021 (R billion) Source: Financial statistics of national government, 2020/2021 . The provinces received nearly two-thirds of the R1,01 trillion in grants from national government. These funds are used to provide social services to citizens, e.g. health and education services.
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Jun 30, 2021 · Economic activity continued to recover in the first quarter of 2021, boosting household finances, Nedbank said. ... slower than 7.5% in the last quarter of 2020. Although all the subcategories of ...
