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SA expected to sow fewer maize hectares than in previous seasons

SA expected to sow fewer maize hectares than in previous seasons

26/11/2019 - 10:06
South African farmers are expected to sow 2.8% fewer hectares of the food staple maize next season than forecast in October after the planting season was delayed by rains, a Reuters survey of analysts showed. read more
Exclusive leases must fall: Commission cracks whip on Shoprite, Pick n pay, Spar, Woolies

Exclusive leases must fall: Commission cracks whip on Shoprite, Pick n pay, Spar, Woolies

26/11/2019 - 09:57
The Competition Commission Inquiry into Grocery Retail, published on Monday, called for an end to the exclusive leases negotiated by national retail chains in all shopping malls across the country in a bid to open up access to markets for smaller players.  read more
SA on track for third year of moderating inflation

SA on track for third year of moderating inflation

25/11/2019 - 09:41
SA’s largest asset manager Investec says SA is likely to see average inflation of 4.5% in 2020, with price pressure consistently moderating since 2016. read more
The clever shift SA's economy can make: economist

The clever shift SA's economy can make: economist

13/11/2019 - 13:29
Finance minister Tito Mboweni’s medium-term budget gave a blunt presentation of the financial issues facing South Africa and it is clear that government has finally come to grips with reality, says Efficient Group economist Francois Stofberg.  read more
Billions in investments flow in to improve SA's economy

Billions in investments flow in to improve SA's economy

13/11/2019 - 11:30
More businesses have pledged billions of rands in investment to the ailing South African economy at the second investment conference in Sandton. read more
South Africa is emerging as a new hub for Retail Forex Trading

South Africa is emerging as a new hub for Retail Forex Trading

13/11/2019 - 10:16
South Africa's financial market is said to be the most developed & organized in Africa led by big Banks like Standard Bank, ABSA, FNB, FirstRand, Nedbank & local Stock Exchange (JSE) which is the largest stock market in Africa with daily trading volume of R23.7 Billion.  read more
How a US-China trade deal could benefit SA

How a US-China trade deal could benefit SA

11/11/2019 - 09:53
Africa is poised to become the “land of opportunity” for bond and equity investors should the US and China strike a trade deal, Bank of America (BofA) says. read more
Black Friday hype begins as retailers test shoppers with 'teasers'

Black Friday hype begins as retailers test shoppers with 'teasers'

06/11/2019 - 09:15
Retailers’ gloves are off in the battle to gain market share ahead of Black Friday, with several deals already being unveiled to attract customers. read more
Manufacturing sentiment improved in October

Manufacturing sentiment improved in October

05/11/2019 - 12:52
Manufacturing activity recovered in October, improving on the previous month’s revised figures and beating market expectations.  read more
Global wine output falls this year after bumper 2018

Global wine output falls this year after bumper 2018

01/11/2019 - 11:17
Global wine production fell about 10% this year, with major producers France, Italy, and Spain hit the most by unfavourable weather conditions, according to a leading international body.  read more
Local retailers are outperforming a bad economy

Local retailers are outperforming a bad economy

31/10/2019 - 08:49
South African retailers have been battered by poor trading conditions, rising job losses and weak economic growth, which has made it difficult for companies to pass on costs to their customers.  read more
Unemployment hits highest level in more than 11 years

Unemployment hits highest level in more than 11 years

30/10/2019 - 11:38
South Africa's unemployment rate has worsened to 29.1%, the highest level in more than 11 years. read more
Consumer watchdog laments understaffing as it tackles Ford, unsafe meat, timeshare cases

Consumer watchdog laments understaffing as it tackles Ford, unsafe meat, timeshare cases

25/10/2019 - 11:50
As far as it is able, the National Consumer Commission will try to make sure suppliers of unsafe goods are fined and losses to consumers are recovered - despite being understaffed by some 50%, members of Parliament heard. read more
Inflation slows in September

Inflation slows in September

23/10/2019 - 13:38
Inflation moderated to an annualised 4.1% in September, surprising analysts, and boosting the expectation that SA’s embattled consumers may get another interest rate cut in 2019. read more
A water continuity strategy in Africa is critical to economic success

A water continuity strategy in Africa is critical to economic success

22/10/2019 - 13:48
The world’s sources of water supply are under immense stress and the impact of water shortages is debilitating cities, organisations, and communities every day. It is estimated by 2025, no fewer than 25 of the 48 countries that are expected to be facing water shortages will be African. According to Mannie Jnr. Ramos, CCO of Abeco Tanks, the world’s first bank for water, “This means that around 230 Million Africans will be living in water-scarce areas, with another 460 Million in water-stressed areas.” read more
Better growth by investing in local shopping centres

Better growth by investing in local shopping centres

21/10/2019 - 15:08
Millennials are driving massive evolution in retailing and, yes, we may be an emerging market, but it is a matter of time before these changes catch up with us.  read more
President Cyril Ramaphosa launches SA's first smartphone plant

President Cyril Ramaphosa launches SA's first smartphone plant

21/10/2019 - 09:52
President Cyril Ramaphosa recently opened South Africa's first smartphone production plant at the Dube TradePort in Durban. read more
Africa is showing encouraging signs of economic integration

Africa is showing encouraging signs of economic integration

21/10/2019 - 08:32
Our world is being challenged in ways few people could have imagined 70 years ago. Back then, in the aftermath of World War 2, the institutions that were designed to prevent challenges such as those we are facing today — the UN, IMF, World Bank, and others — were operating in a much simpler world. read more
Retail sales up 1.1% in August

Retail sales up 1.1% in August

18/10/2019 - 09:28
Measured in real terms, retail sales increased by 1.1% year-on-year in August, following a 2% jump in July, figures released on Wednesday by Statistics South Africa showed. read more
Slight upturn in prospects for SA 2019/2020 stone fruit exports

Slight upturn in prospects for SA 2019/2020 stone fruit exports

16/10/2019 - 10:11
The latest forecast for South Africa's stone fruit season points to improved volumes compared to last year although the continued effects of drought in some areas and adverse weather during pollination has impacted the full potential, an industry body said on Tuesday. read more
Consumers still dancing with the debt devil in SA

Consumers still dancing with the debt devil in SA

14/10/2019 - 09:37
Up to our ears in debt, it seems South African consumer appetite for credit has not diminished. Despite a flat economy, consumers owe a total of R1.9 trillion - more than R260 billion of which is unsecured credit for credit cards, retail accounts, personal and payday loans, while around R959 billion is owed for mortgages. read more
Chocolate makers face ultimatum over pay for African farmers

Chocolate makers face ultimatum over pay for African farmers

14/10/2019 - 09:12
Chocolate makers are facing an ultimatum - either support a contentious plan to raise the pay of impoverished farmers or risk a halt to programmes that sustainability-conscious consumers increasingly demand.  read more
SA economy at risk of third-quarter contraction

SA economy at risk of third-quarter contraction

11/10/2019 - 09:54
Dismal mining and manufacturing figures for August have raised the prospect of a third-quarter economic contraction. read more
Commerce: There is hope for easing trade tensions

Commerce: There is hope for easing trade tensions

09/10/2019 - 16:13
Global uncertainties and tensions are escalating and affecting trade in every region.  read more
SA's economy enters 70th month of downward cycle

SA's economy enters 70th month of downward cycle

09/10/2019 - 15:50
South Africa’s economy remains stuck in its longest downward cycle since 1945, adding to pressure on the government to implement reforms to lift business confidence and boost growth. read more
Business sentiment takes a turn for the better in September

Business sentiment takes a turn for the better in September

09/10/2019 - 15:34
Business sentiment, as measured by the SA Chamber of Commerce and Industry (Sacci) business confidence index, took a positive turn in September. read more
Stats SA’s seasonal adjustment models are part of regular rebasing

Stats SA’s seasonal adjustment models are part of regular rebasing

08/10/2019 - 10:53
Every year, SA’s economic activity peaks in the fourth quarter (October-December). On the production (or industry) side of GDP, this pattern is driven mainly by three industries: manufacturing; trade, catering and accommodation; and transport, storage, and communication. read more
Big business urges reforms to help SA economy

Big business urges reforms to help SA economy

02/10/2019 - 13:17
Big business has called on President Cyril Ramaphosa to act urgently and implement short- and medium-term reforms and prioritise growth-enhancing policies to kickstart the economy. read more
Stock weakness hits most of SA's listed retailers hard

Stock weakness hits most of SA's listed retailers hard

02/10/2019 - 08:23
South Africa's lacklustre economy, coupled with high unemployment, low business, and consumer confidence, is curbing household spending and wiping off billions in value for some of the country's listed retailers. read more
Producer inflation decelerates in August

Producer inflation decelerates in August

01/10/2019 - 11:02
Producer inflation continued to slow in August, reaching 4.5% year on year, down from July’s 4.9%, Statistics SA said. read more
Trade balance swings into surplus in August

Trade balance swings into surplus in August

01/10/2019 - 10:13
SA’s trade balance swung into a larger-than-expected surplus of R6.84bn in August, according to data from the SA Revenue Service.  read more
Fruit, cheese, and especially maize meal are all a lot more expensive

Fruit, cheese, and especially maize meal are all a lot more expensive

24/09/2019 - 13:24
A basket of food tracked by the National Agricultural Marketing Council (NAMC) showed annual inflation of 4.1% in August on average – but some foods grew much more expensive than that. read more
Rooibos tea deal changes rural community's fortunes

Rooibos tea deal changes rural community's fortunes

24/09/2019 - 10:47
A small rural community is set to supply the Spar Group with South Africa's legendary rooibos tea. read more
Digital footprint helps farmers step into future

Digital footprint helps farmers step into future

22/09/2019 - 09:59
The potential to increase Africa’s agricultural yields through the strategic use of data could place the continents’ farmers at the heart of tomorrow’s global economy. read more
Retail sales remain muted with consumers under pressure

Retail sales remain muted with consumers under pressure

20/09/2019 - 14:31
Retail sales for July marginally declined to 2 percent year on year as sales growth continued to reflect a muted demand in South Africa, with consumers’ discretionary income under strain.  read more
SA’s poultry producers cry fowl

SA’s poultry producers cry fowl

19/09/2019 - 13:16
SA’s chicken producers are at loggerheads with importers over proposals for steep tariff increases. read more
4 reasons to be hopeful about South Africa’s economy

4 reasons to be hopeful about South Africa’s economy

12/09/2019 - 14:40
Markets responded positively to South Africa’s economic growth rebounding in the second quarter, up 3.1%, and 0.9% for the year to June 2019. read more
Violence can impact availability of retail stock in SA, says industry body

Violence can impact availability of retail stock in SA, says industry body

12/09/2019 - 14:06
The Consumer Goods Council of South Africa (CGCSA) is concerned that the violent protests in the country could lead to a significant impact on stock available for retailers. read more
Could a snack tax work better than the tax on sugary drinks to curb obesity?

Could a snack tax work better than the tax on sugary drinks to curb obesity?

12/09/2019 - 10:10
Sugary drinks may not be the biggest culprit in obesity - research suggests that a tax on sugary snacks may be even better.  read more
Smarter mobility key to a sustainable South Africa

Smarter mobility key to a sustainable South Africa

11/09/2019 - 13:19
The World Economic Forum has revealed that by 2050, 70% of the world’s population will be living and operating in urban areas. Considering the resultant congestion and air pollution, which are already challenges requiring mitigation in 2019, mobility and energy should be top of mind for those making the shift towards cities of the future.  read more
Manufacturing production shrinks for second month in July

Manufacturing production shrinks for second month in July

11/09/2019 - 13:01
Manufacturing production recorded its second consecutive contraction in July, in line with analysts’ expectations. read more
Eskom: The largest threat to the stability of the SA economy

Eskom: The largest threat to the stability of the SA economy

10/09/2019 - 09:45
On Tuesday 23 July, South African Finance Minister Tito Mboweni tabled a bill before the National Assembly which would see national state-owned power utility Eskom benefit from an allocation of R59 billion over the next three years.  read more
African continental free-trade deal has a long way to go

African continental free-trade deal has a long way to go

09/09/2019 - 14:50
The African continental free-trade agreement (AfCFTA) is facing several challenges and it could be decades before there is a common market in which tariffs are largely abolished. read more
Innovative leasing deals boost Kenya's office market

Innovative leasing deals boost Kenya's office market

04/09/2019 - 09:25
A creative approach to leasing deals is helping innovative landlords offset the challenges of high vacancies in an overstocked Nairobi office market, according to Broll Property Intel’s latest Kenya Office Market Snapshot H1:2019 report.  read more
SA beekeepers are declining despite robust honey demand

SA beekeepers are declining despite robust honey demand

03/09/2019 - 10:10
The number of professional beekeepers is declining as many of them are going out of business voluntarily or due to the drought, according to Professor Martin Villet from Rhodes University’s Department of Zoology and Entomology.  read more
No pain, no gain for SA economy

No pain, no gain for SA economy

02/09/2019 - 16:22
Despite SA’s fiscal crisis — and the fact that the country has very little to show for the loose fiscal policy run over the past decade — there is a lobby (mainly on the Left) that thinks the best way to resolve SA’s growth and fiscal challenges is to inject further fiscal stimulus into the economy. read more
Producer inflation slows to lowest level in five months

Producer inflation slows to lowest level in five months

02/09/2019 - 10:51
Producer inflation moderated to its lowest level in five months in July, due to lower fuel prices. read more
Tito Mboweni issues surprise growth strategy

Tito Mboweni issues surprise growth strategy

28/08/2019 - 09:59
On Tuesday, finance minister Tito Mboweni fired a shot across the bows of the government, publishing an economic strategy for the country on the Treasury website. read more
Weak performance in the smartphone sector

Weak performance in the smartphone sector

27/08/2019 - 16:06
Smartphone revenues grew 3.9 percent year-on-year in the second quarter of 2019 and unit sales dropped 4.9 percent to just under 3 million units in the same time frame, continuing the same trend seen in the previous two quarters.  read more
Can AI solve the killer question?

Can AI solve the killer question?

27/08/2019 - 15:37
Artificial intelligence (AI) may be super clever but, asks Regenesys Business School chair Marko Saravanja, does it have judgment? If, in an emergency, a self-driving car is going to hit either an elderly couple or a young woman with a baby, which of them does it aim at? read more
Consider the tax implications when taking your money offshore

Consider the tax implications when taking your money offshore

27/08/2019 - 10:52
South Africans are overburdened with taxes, and it’s only set to get worse. If you are considering investing internationally, you should be aware of the tax requirements when deciding on the best investment approach.  read more
Inflation eases even more than expected

Inflation eases even more than expected

21/08/2019 - 10:36
Inflation eased more than expected to 4% in July. read more
Wool sector on edge over Chinese ban due to foot-and-mouth

Wool sector on edge over Chinese ban due to foot-and-mouth

21/08/2019 - 08:57
SA’s wool industry is on tenterhooks as exporters seek clarity on a Chinese ban on imports of the fibre following an outbreak of foot-and-mouth disease earlier this year in the world’s second-biggest producer. read more
Consumers racking up debt to make ends meet

Consumers racking up debt to make ends meet

20/08/2019 - 08:50
Consumer credit has continued to rise over the past two quarters of this year, which means that consumers are relying more on credit cards and personal loans to get by. read more
Falling sugar price triggers rise in import duty

Falling sugar price triggers rise in import duty

20/08/2019 - 08:40
Sugar import duty increases were triggered again last week after a falling London sugar price increased the protection for local sugar producers by 18 percent.  read more
Crackdown on informal traders will hurt economy, says refugee forum

Crackdown on informal traders will hurt economy, says refugee forum

13/08/2019 - 09:40
SA’s embattled economy could be strained further if the crackdown on informal traders continues unabated, the African Diaspora Forum (ADF) warns.  read more
Retail boost could steer SA away from a recession

Retail boost could steer SA away from a recession

12/08/2019 - 12:37
A rebound in economic growth in the second quarter of the year will likely see SA avert its second recession in two years. read more
Boost for SA's economy as China lifts its beef ban

Boost for SA's economy as China lifts its beef ban

07/08/2019 - 09:10
Within one month of the meeting between President Cyril Ramaphosa and President Xi Jinping at the G20, China has announced that it is lifting the ban on South African beef exports to China. This will be a major boost to South Africa’s economy given that China is the largest consuming market for South African beef and related products. read more
SA's economic growth prospects keep diving

SA's economic growth prospects keep diving

07/08/2019 - 08:39
SA’s economic growth prospects keep going from bad to worse. read more
South Africa’s economy ‘doesn’t have a long time’

South Africa’s economy ‘doesn’t have a long time’

02/08/2019 - 12:57
South Africa’s outlook has been dealt several heavy blows following Eskom’s financial results, and the latest unemployment data, which has raised the question: where to from here? read more
Eastern Cape aims to create thriving economy through Cannabis

Eastern Cape aims to create thriving economy through Cannabis

02/08/2019 - 10:05
If the Eastern Cape plays its cards right to formalise its cannabis industry, the province could have a thriving economy, provincial premier Oscar Mabuyane said. read more
Sugar tax leaves sour taste

Sugar tax leaves sour taste

02/08/2019 - 08:31
The sugar industry in SA was experiencing serious difficulties even before the government introduced a tax on sugary beverages – and many manufacturers are now merely using artificial sweeteners instead. read more
SA records its second consecutive trade surplus in June

SA records its second consecutive trade surplus in June

01/08/2019 - 09:50
SA recorded a trade surplus of R4.42bn in June as growth in exports exceeded growth in imports. read more
SA’s jobless rate climbs to 11-year high

SA’s jobless rate climbs to 11-year high

31/07/2019 - 09:28
SA’s unemployment rate jumped to an 11-year high of 29% in the second quarter of the year, which is likely to make it harder for President Cyril Ramaphosa to fulfill his promise of creating a quarter of a million jobs a year. read more
Ethiopa coffee, oilseeds export revenues hit $1.2bn

Ethiopa coffee, oilseeds export revenues hit $1.2bn

30/07/2019 - 09:07
The Ethiopian government said the country made more than $1.2 billion in revenue from the exports of coffee and oilseeds during the just-concluded Ethiopian fiscal year that ended on July 7.  read more
SA's VAT hike under scrutiny

SA's VAT hike under scrutiny

30/07/2019 - 08:55
New research suggests SA should scrap the zero-rating of VAT items and introduce a new social grant which would benefit those who fall outside the welfare net. read more
Predatory imports are killing small chicken firms

Predatory imports are killing small chicken firms

29/07/2019 - 11:01
Local chicken producers and importers are arguing over the potential impact that import tariffs could have on South African consumers, jobs and rural development. read more
Inflation steady at 4.5% in June

Inflation steady at 4.5% in June

24/07/2019 - 13:08
Consumer inflation was slightly higher than expected in June, unchanged from May’s 4.5%, but remained at the midpoint of the Reserve Bank’s 3%-6% target range. read more
Rate cut good news, but don't get too excited - economists

Rate cut good news, but don't get too excited - economists

24/07/2019 - 10:05
The SA Reserve Bank's decision to cut the repo rate by 0.25% has been met with cautious optimism by analysts, who – while welcoming the move – have warned that relief is more likely to be short-term, and that room for further easing is limited.  read more
Sugar importers bitter about consumer prices

Sugar importers bitter about consumer prices

19/07/2019 - 10:57
Sugar importers want to know why the industry is subsidised to the extent that consumers are being forced to pay about double the world price. read more
Retail sales jump in May ahead of expected rate cuts

Retail sales jump in May ahead of expected rate cuts

18/07/2019 - 09:24
South Africa’s retail sales rose more than expected in May as sales of household goods, furniture and appliances expanded quickly, a hint that pressure on consumers was easing ahead of an expected lending rate cut that may further support spending. read more
Cannabis investors may be in for an unpleasant surprise

Cannabis investors may be in for an unpleasant surprise

16/07/2019 - 08:38
Cannabis investors banking on profitability in the second half of the year may have another thing coming: More losses at best, and maybe a surprise stack of write-downs. read more
Poultry body defends call for 82% chicken tariffs

Poultry body defends call for 82% chicken tariffs

12/07/2019 - 08:50
The South African Poultry Association (Sapa) has defended its decision to call for a hike in chicken imports tariffs to 82 percent, up from the current 37 percent. read more
Manufacturing output remained tepid in May

Manufacturing output remained tepid in May

11/07/2019 - 15:56
SA's manufacturing sector grew a marginal 1% year on year in May but failed to hold onto a surge experienced in April, when the sector rebounded after being hit by load-shedding in first quarter of 2019. read more
SA trade conditions remain under pressure - index

SA trade conditions remain under pressure - index

10/07/2019 - 16:11
Trade conditions in South Africa remained under pressure in June 2019, according to the South African Chamber of Commerce and Industry (Sacci). read more
How digitalisation is changing the job market - Is South Africa prepared?

How digitalisation is changing the job market - Is South Africa prepared?

08/07/2019 - 15:05
It goes without saying that digital disruption is changing how we work, live and play. On the one hand, technology and the digital ecosystem are exciting, opening up new frontiers of convenience and connectivity (among other benefits). On the other hand, it’s a scary place for job seekers either already in the workforce or, who are just leaving school or tertiary institutions to enter for the first time. read more
Cyril Ramaphosa wants SA to embrace 4IR

Cyril Ramaphosa wants SA to embrace 4IR

08/07/2019 - 14:49
President Cyril Ramaphosa said South Africa must embrace the Fourth Industrial Revolution (4IR) and harness the opportunities it offers in order to eradicate the biggest challenges society faces.  read more
Chinese pork output expected to expand again after 2020, says UN report

Chinese pork output expected to expand again after 2020, says UN report

08/07/2019 - 13:58
Production is projected to fall 5% this year as the country struggles to recover from African swine fever, but some say this figure is likely to be higher. read more
Business confidence edges higher in June

Business confidence edges higher in June

08/07/2019 - 10:12
The SA business chamber, which represents 20,000 small, medium and large enterprises has urged President Cyril Ramaphosa to swiftly implement his promised reforms. read more
Government reviewing its policy on single-use plastics

Government reviewing its policy on single-use plastics

05/07/2019 - 15:26
The government is reviewing its policy on single-use plastics and intends to complete this process by the end of this financial year. read more
Global share gains wane on concern about world economy

Global share gains wane on concern about world economy

03/07/2019 - 09:02
Stocks eked out meagre gains amid worries the global economy was faltering after data showed manufacturing activity slowed last month, weakening appetite for risk. read more
Parliament's new finance chair promises to wrap up Steinhoff, VBS probes

Parliament's new finance chair promises to wrap up Steinhoff, VBS probes

03/07/2019 - 08:51
Newly-elected chairperson of Parliament's standing committee on finance, Joe Maswanganyi, says the Steinhoff and VBS sagas will "reach a conclusion" under his watch as committee head. read more
Rising income inequality a threat to growth in SA, warns Moody’s

Rising income inequality a threat to growth in SA, warns Moody’s

03/07/2019 - 08:23
Moody’s Investors Service, the last remaining credit ratings agency to hold SA at investment grade, has warned that rising income inequality could curtail growth, potentially compromising a country’s credit profiles.  read more
Slow growth expected to knock SA's exports

Slow growth expected to knock SA's exports

01/07/2019 - 08:15
SA’s trade balance will remain volatile in 2019 as the global growth slowdown takes a toll on the country’s exports. read more
Cannabis beauty products broaden appeal of cannabis investment

Cannabis beauty products broaden appeal of cannabis investment

26/06/2019 - 10:48
Cannabis beauty products broaden the appeal of South Africa investing in legitimate cannabis cultivation as it adds to the multi-billion rand market for cannabis medical products.  read more
Consumers relying more on credit to survive

Consumers relying more on credit to survive

26/06/2019 - 08:38
Consumers are increasingly relying on their credit cards and personal loans for daily survival, the latest statistics from one of the major credit bureaus reveal. read more
SA’s growth prospects pick up a little in April

SA’s growth prospects pick up a little in April

25/06/2019 - 14:26
The Reserve Bank’s leading indicator signals activity increased slightly in April from March, with more building plans approved and more jobs advertised. read more
Key insights into the African melon market

Key insights into the African melon market

21/06/2019 - 09:24
IndexBox recently published a new report, the Africa - Melons - Market Analysis, Forecast, Size, Trends, and Insights. Here is a summary of the report's key findings. read more
Laying the groundwork for SA's emerging farmers

Laying the groundwork for SA's emerging farmers

20/06/2019 - 14:27
Smallholder farmers have called on the government to address issues bedevilling the sector to grow the embattled economy. Specifically, they want Thoko Didiza, minister of the newly reconfigured agriculture, land reform & rural development department, to champion their struggles. read more
Inflation accelerates slightly in May

Inflation accelerates slightly in May

19/06/2019 - 11:24
Inflation accelerated slightly to 4.5% in May, giving impetus to calls for an interest cut in July. read more
Plans to reshape the clothing industry

Plans to reshape the clothing industry

18/06/2019 - 10:19
A master plan submitted to the Department of Trade and Industry (dti) aims to improve the country's ailing clothing and textile industry.  read more
Trade body will have a bone to pick in poultry tarrif case

Trade body will have a bone to pick in poultry tarrif case

14/06/2019 - 09:30
Those with intimate knowledge of the tariff application say that ITAC's position is akin to a zero-sum game, where they may have to choose between exposing local poultry producers to cheap imports they cannot compete with, or raising consumer prices for poultry to impossibly high levels. read more
SA's first citrus shipment arrives in China

SA's first citrus shipment arrives in China

13/06/2019 - 15:39
The historic shipment of 5 200 tons of citrus in a breakbulk vessel has arrived at Shanghai Port in the People’s Republic of China. read more
Increase in sales reflect stronger second quarter

Increase in sales reflect stronger second quarter

13/06/2019 - 10:41
Data from Statistics South Africa (StatsSA) showed that retail sales in April increased 2.4percent year-on-year - the strongest gain in retail trade in six months, providing further evidence that the economy began the second quarter on a firmer footing following the first quarter’s 3.2percent plunge. read more
Retail sales jump in April, giving hope of avoiding a recession

Retail sales jump in April, giving hope of avoiding a recession

12/06/2019 - 15:44
SA’s retail sales jumped 2.4% in April, led by clothing retailers, adding to hopes that a technical recession may be avoided in the second quarter. read more
SA stokvels collectively save R44bn annually

SA stokvels collectively save R44bn annually

11/06/2019 - 16:04
A total of R44 billion is collectively saved in 820 000 stokvels in South Africa annually, with more than 11 million South Africans being members of stokvels, according to Nedbank research. read more
Weak economy set to affect pension savings

Weak economy set to affect pension savings

10/06/2019 - 16:06
The 3.2 percent contraction in South Africa’s economy in the first quarter of this year will have a negative impact on retirement fund members, particularly if it becomes entrenched, financial services provider Momentum Corporate said. read more
SA’s weak economic growth will weigh on local banks in 2019, Moody’s says

SA’s weak economic growth will weigh on local banks in 2019, Moody’s says

10/06/2019 - 15:30
SA’s weak economic growth prospects will weigh on the performance of local banks in 2019, but this situation will be manageable, Moody’s Investors Service said. read more
SA import growth to be restrained by weak domestic activity

SA import growth to be restrained by weak domestic activity

07/06/2019 - 08:45
South Africa’s current account deficit deteriorated by R32.3 billion to R142.5bn in the first quarter of 2019 compared with a deficit of R110.2bn in the fourth quarter of 2018.  read more
Trade war’s likely toll on SA

Trade war’s likely toll on SA

06/06/2019 - 11:28
Escalating trade tensions represent the main factor weighing on global growth. But rising global debt, China’s slowdown, and financial market risk threaten to weaken growth further by undermining investment and confidence. read more