This article explains how Section 2(24) adopts an inclusive definition of income, covering monetary, non-monetary, and even illegal gains. It highlights key judicial doctrines that determine ...

Gross domestic product expanded at a 1.4 percent annual rate in the last quarter of the year, hit by the effects of the ...

Discover why real GDP offers a more accurate picture of economic growth by adjusting for inflation and when nominal GDP might be more useful for short-term analysis.

South Africa’s new inflation target is one of several actions helping to bolster macroeconomic stability; continued reforms, both macroeconomic and structural, can help maintain momentum and address ...

K-shaped economy is cyclical, not the new normal. Hard data shows middle class growth and rising wages across income levels ...

Discover what autarky means, its economic implications, and real-world examples like North Korea and Nazi Germany's self-sufficient policies.