Perspective with Heather du Plessis-Allan: Is there a bright side to all the bad economic news?

The SME Stream · Mar 19, 2026 · 1m

I’m sorry to say it’s a bit of a bad day - a day of rather unpleasant economic news, I’m afraid.

Let’s start with the GDP number. It came in at 0.2 percent for the final quarter of last year, which is very much at the low end of expectations. We were looking for something in the range of 0.2 percent to 0.5 percent, with 0.5 percent being the Reserve Bank’s forecast.

The problem with that is those were the good times. That number was recorded before the Iran war kicked off, so it’s not much of a place to be starting from, is it?

Now the good news is that at…