SA Economy Grows by 0.1% in Q1 2025 as Agriculture Leads Recovery

SA Economy Grows by 0.1% in Q1 2025 as Agriculture Leads Recovery

Stats SA attributed this to heightened economic activity in horticulture and animal products, reflecting a strong agricultural season.

Surplus strikes again: SA’s hat-trick on the budget scoreboard

Another surplus is on the books for South Australia, marking the third time in a row that the Malinauskas Labor Government has managed to stay in the black. With a forecasted $18 million surplus for the 2024–25 financial year and more predicted across the forward estimates, the financial trajectory looks steady. But beyond the clean bookkeeping, it’s the economic momentum that’s catching attention. New figures from the Australian Bureau of Stati…

Government Welcomes Positive GDP Numbers - Infrastructure news

Government has welcomed the positive Gross Domestic Product (GDP) growth of 0.1% in the first quarter of 2025, as announced by Statistics South Africa on Tuesday. Real GDP increased marginally by some 0.1% during the first quarter of 2025, following an increase of 0.4% in the previous quarter. “The growth, though marginal, reflects encouraging progress in key sectors, particularly agriculture, which grew by 15.8% due to increased activity In hor…

SA Economy Sees Minimal Growth in Q1 2025, Agriculture Keeps Economy Afloat

The South African economy barely managed to keep its head above water in the first quarter of 2025 (January–March), expanding by a marginal 0,1% compared with the fourth quarter of 2024.   Statistics South Africa announced the latest GDP figures on Tuesday.   If not for agriculture, economic figures would have been in negative territory.   Agriculture production increased by 15,8%, adding 0,4 of a percentage point to GDP growth. Good rains contr…