Is Not Broke – Recession Proof Wallet

Investors were forced to navigate a week of disappointing news about the economy and inflation as the S&P 500 Index declined 1.66 percent, while the Nasdaq Composite Index dropped 2.51 percent.

Despite economic setbacks during the Great Recession and Covid-19, South Africa is poised to almost double its growth in 2025 and 2026. Financial reforms, lower rates and inflation are expected to foster an environment of stronger consumer spending.