Economic wrap-up of Southern Africa from 25 to 28 March 2024, written by the Pretoria Regional Economic Service

  • Malawi : President declares state of climate emergency due to drought (Malawi Voice)
  • Malawi : Reserves at their lowest level since 2012 (The Times Group)
  • Namibia : Growth to reach 4.2% in 2023 (NamStats)
  • Namibia : Namibia to start producing carbon-free hydrogen in July 2024 (Rand Merchant Bank)
  • South Africa : The SARB keeps its key rate unchanged at 8.25% (Resbank)
  • South Africa : Civil servants' pay to rise by 4.7% in 2024 (The Public Servant Online)
  • South Africa : Publication of new labour market data confirms major job losses in the fourth quarter (StatsSA)
  • South Africa : Consumer confidence picks up slightly in the first quarter (Bureau for Economic Research)
  • South Africa : The National Transmission Company South Africa (NTCSA) in charge of power purchase agreements with independent power producers (IPPs) (My BroadBand)
  • South Africa : South African group Aspen announces new donations of pharmaceutical products for Ukrainian patients (Daily Maverick)
  • South Africa : The impact of the El Nino weather phenomenon could also be felt in South Africa (Business Day)
  • Southern Africa : Zambia and Zimbabwe to launch a new call for tenders for the Batoka hydroelectric power station (Power Technology)
  • Zimbabwe : Inflation continues to rise in March (ZimStats) Inflation continues to rise in March (ZimStats)