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Global growth faces durability risks into 2026, UN agency says

Cape Times

|

December 04, 2025

WORLD economic activity will remain “subdued” next year amid trade uncertainty and geopolitical tensions that are restraining investment outside of artificial intelligence and weighing on government finances, a UN agency predicted in a new report.

- BLOOMBERG

Global growth will weaken this year to 2.6% and maintain that pace in 2026, according to the report released this week by the Geneva-based UN Conference on Trade and Development. After a 2.9% expansion last year, those projections if realized would be 0.4 percentage point lower than the pre-pandemic average.

“The global economy and trade have shown resilience during 2024 and 2025,” Rebeca Grynspan, secretary-general of the United Nations agency, said in an interview. “But the reasons may not be sustainable if we don't lower uncertainty and we don't go back to some predictability for investment really to pick up.”

MÁS HISTORIAS DE Cape Times

Cape Times

Israel’s exclusionary religious rhetoric fuels instability

MOST people do not recognise that a widespread belief among Israeli settlers is rooted in a religious conviction that God granted them the land and that Palestinians therefore have no legitimate right to remain on it.

time to read

1 min

January 19, 2026

Cape Times

Cape Times

WASHINGTON Trump's Davos return after 6 years

DONALD Trump returns to the Davos ski resort next week after unleashing yet another avalanche on the global order.

time to read

2 mins

January 19, 2026

Cape Times

Cape Times

Dobson praises Stormers grit

THE Stormers are set to receive a timely boost ahead of their United Rugby Championship (URC) coastal derby against the Sharks on Saturday in Cape Town, with a host of senior players returning to the matchday mix.

time to read

2 mins

January 19, 2026

Cape Times

How to avoid defamation claims linked to WhatsApp

WHATSAPP screenshots, deleted messages, and voice notes are reshaping the country’s courtrooms according to legal expert Ann-Suhet Marx, Director and Head of Litigation at Gauteng-based law firm VDM Incorporated.

time to read

2 mins

January 19, 2026

Cape Times

Cape Times

Iran's participation in Simon's Town naval drills draws criticism from United States

THE US has criticised Iran’s presence at naval drills off South Africa's coast as “particularly unconscionable” given the regime's crackdown on protests.

time to read

2 mins

January 19, 2026

Cape Times

Cape Times

Cosatu urges government to boost NPA funding after third Steinhoff conviction

Cosatu Parliamentary Coordinator Matthew Parks says sentencing of Steinhoff executive Iwan Peter Schelbert is cold comfort

time to read

2 mins

January 19, 2026

Cape Times

Cape Times

R4 billion to repair damage caused by deadly Limpopo floods

THE Limpopo government says about R4 billion will be needed to repair the damage caused by the devastating floods that have also claimed the lives of nine people.

time to read

2 mins

January 19, 2026

Cape Times

Drought-stricken Knysna banks on national, provincial counterparts to help

SEVERAL water augmentation projects are underway and expected to be operational within the next two weeks in Knysna, currently in the grip of a water crisis.

time to read

2 mins

January 19, 2026

Cape Times

Cape Times

Markram’s blueprint for big runs

THERE is plenty of conjecture surrounding which batting position is best suited to Aiden Markram in T20 cricket.

time to read

3 mins

January 19, 2026

Cape Times

Firefighters finally see light at the end of raging Franschhoek fire

FIREFIGHTING teams reported “significant strides” in containing the raging Franschhoek wildfires that have threatened local vineyards and communities.

time to read

2 mins

January 19, 2026

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