South Africa's Economic Freedom Ranking Declines Amid Fuel Price Shock
- Reports
- 22
- Developments
- 16
- Repetition
- 73%
New informationRepeats or wire copies
What happened
South Africa was ranked eighty-seventh out of 165 countries in the 'Economic Freedom of the World: 2026 Annual Report,' marking a decline from its previous ranking of eighty-third. Separately, the price of 93 octane petrol in Mpumalanga breached R30 per litre, with consumers paying R3.12 more per litre than before.
Why it matters
The decline in economic freedom suggests an ongoing erosion of economic liberty, which the Free Market Foundation warns could lead to anaemic growth without liberalization. Furthermore, former President Kgalema Motlanthe stated that the country's fundamental economic challenge may be insufficient growth, weak productive investment, and eroded manufacturing capacity.
Statistics South Africa documents the socioeconomic realities of the country.
From polity.org.za, mg.co.za
Who's involved
- South AfricaThe country whose economic conditions and freedom ranking were examined.
Who could feel it
Possible knock-on effectsThese are possibilities Brind reasoned out, not predictions, and not advice. Most are not stated in any report.
- South AfricaSpeculative
Rising fuel prices could increase transport costs for operators and strain consumer budgets.
Possible ripples
Who this could reach next, traced step by step from the reporting. Possibilities worth considering, not forecasts.How it developed
Newest first. Tap a step to see who reported it.- A financial daily reports on the decline in national manufacturing production in South Africa.Sub-event
Report published on the economic decline of South Africa.1 source
Unisa economist explains the impact of a situation in Mpumalanga.1 source
- Dan Corder's book analyzes the vulnerability of South Africa.Sub-event
- Stokvels, a type of informal savings group, are identified as a major component of South Africa's informal economy.Sub-event
- Financial Mail published a piece reflecting local economic realities in South Africa.Sub-event
- WLF estimates the annual economic cost of illiteracy in South Africa, utilizing a UNESCO model to address root causes.Sub-event
- A professor of economics is conducting research that utilizes South Africa as a case study, drawing on the country's experiences within the African continent.Sub-event
Show 8 earlier steps
- JET implementation caused economic decline in the Mpumalanga region of South Africa.Sub-event
South Africa's salary growth is strong.1 source
- Sager described the cost-of-living crisis in South Africa.Sub-event
- Ali Mueller discusses the economic conditions and unique characteristics of the township economy in South Africa.Sub-event
South Africa must balance economic growth with environmental protection.1 source
South Africa studies Vienna's housing model.1 source
- President addresses economic stagnation issues in SA, noting Johannesburg exemplifies the country's infrastructure and governance gaps.Sub-event
A study conducted by the University of the Witwatersrand examines South Africa's economic conditions.1 source
Keep exploring
Part of
Statistics South Africa documents the socioeconomic realities of the country.Also in this story
- Clicks, a major retailer in South Africa, is utilizing national data for business context.
- Statistics South Africa released data on medical aid trends and membership decline in South Africa.
- Stats SA monitors the labor market of South Africa.
The entities involved
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South Africa
country in southern Africa
Related events
- Water shortages in Johannesburg, South Africa, are causing political unrest, leading to anger among voters and eroding support for the ruling African National Congress.
- In 2015, President Jacob Zuma outlined the national economic challenges facing South Africa.
- South Africa serves as a vital logistics and financial hub for SADC, contributing to continental economic integration.
- Nedbank's loan book reflects current market trends within South Africa.
- Lesotho's financial stability is tied to its relationship with the South African currency.
Coverage
Newest first; wire copies grouped- channelafrica.co.za
- polity.org.za
- sundayworld.co.za
- mg.co.za
- ecr.co.zaKZN judges, prison bosses to meet on speeding up undocumented inmate deportations
- it-online.co.za
- cnbcafrica.com
- engineeringnews.co.za
- engineeringnews.co.za
- sanews.gov.za
- africa.com
- theconversation.com
- sanews.gov.za