GDP inflation A measure of the total increase in prices in the whole economy. Unlike CPI inflation, GDP inflation includes price increases in goods that are exported and intermediate goods such as machines, but excludes imported goods.

General meetings Meeting of the members of a company

Going concern This concept determines whether the enterprise will continue its operations for the foreseeable future.

Gold and foreign exchange reserve account Reserves held by the South African Reserve Bank to meet foreign exchange obligations and to maintain liquidity in the presence of external shocks.

Government debt The total amount of money owed by the government as a consequence of its borrowing in the past.

Gross domestic product (GDP) A measure of the total national output, income and expenditure in the economy. GDP per head is the simplest overall measure of welfare, although it does not take account of the distribution of income, nor of goods and services that are produced outside the market economy, such as work within the household.

Gross income in relation to any year or period of assessment, includes (in the case of a person considered a South African resident for tax purposes) the total amount, in cash or otherwise, received by or accrued to or in favour of such resident, or  (in the case of any person other than a resident), the total amount, in cash or otherwise, received by or accrued to or in favour of such person from a source within or deemed to be within the Republic of South Africa during such year or period of assessment, excluding receipts or accruals of a capital nature.  (Extracted from Section 1 of the Income Tax Act)

Gross fixed capital formation The addition to a country's fixed capital stock during a specific period, before provision for depreciation.

Gross profit/loss Profit/loss measured as the difference in amount between sales and the cost of sales