n Personal Finance Newsletter - So what is driving this equity market? - : markets

Volume 2014, Issue 404
  • ISSN :



South African companies' profits growth has waned. Using net operating surplus (gross operating surplus adjusted for consumption of fixed capital), calculated from South Africa's national accounts data, as a proxy, shows that the advance in total companies' profits (financial plus non-financial companies) has weakened markedly in recent years, following a temporary bounce in the immediate aftermath of the 'Great Recession'. Indeed, in 2013, profits growth was the weakest since 1998.

Loading full text...

Full text loading...


Article metrics loading...


This is a required field
Please enter a valid email address
Approval was a Success
Invalid data
An Error Occurred
Approval was partially successful, following selected items could not be processed due to error