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SA retail sales jump as spending on consumer goods rises

SA retail sales jump as spending on consumer goods rises

19/10/2018 - 14:31
South Africa’s retail sales rose in August as household goods, clothing and cosmetics grew, data showed on Wednesday, with recovering consumer spending a sign the economy is climbing out of a recession that has piled pressure on President Cyril Ramaphosa. read more
Retail sector shows a glimmer of growth

Retail sector shows a glimmer of growth

17/10/2018 - 13:32
Retailers surprised economists in August, with annual sales growth of 2.5% — far higher than the consensus 0.3%. read more
SA Citrus exports close in on 2 million tons

SA Citrus exports close in on 2 million tons

16/10/2018 - 15:07
Yet another important milestone has been reached by the South African citrus industry. According to Justin Chadwick, CEO of the Citrus Growers’ Association, citrus production has reached a record volume packed for export in 2018. read more
SA could face another VAT increase, say experts

SA could face another VAT increase, say experts

15/10/2018 - 15:16
Senior tax consultant Bernard Sacks told The Weekend Argus that while we will most likely have to wait until the annual budget is delivered in February to find out if a VAT increase is our fate, Tito Mboweni’s medium-term budget policy statement on October 24, his first as finance minister, may provide important clues as to what SA consumers will face next year. read more
Price of red meat expected to skyrocket due to drought

Price of red meat expected to skyrocket due to drought

15/10/2018 - 10:48
The sheep farming area of Beaufort West is suffering from extreme water shortages, and the government and agricultural experts have warned that the price of red meat is set to soar.  read more
SA consumers in tight corner as high prices, fuel hikes take their toll

SA consumers in tight corner as high prices, fuel hikes take their toll

15/10/2018 - 09:47
With more than 40% of South African consumers being technically over-indebted, the reality is that most of them are no longer able to make any further adjustments to their budgets, Neil Roets, CEO of Debt Rescue, told Fin24. read more
Supply chain faces automation disruption

Supply chain faces automation disruption

12/10/2018 - 09:22
Even though automation can enable warehouses to support the same-day and next-day delivery expectations of customers, companies first need to have complete visibility of how their existing supply chain is structured. After all, they cannot embrace future innovation if they do not fully understand their starting position. read more
SA’s factories returning to health

SA’s factories returning to health

11/10/2018 - 14:19
South African manufacturing output grew 1.3% in August from the same month in 2017, a slowdown from July’s 2.8% but beating the economists’ consensus of 0.6%. read more
Record fuel prices to take painful toll on cash-strapped consumers, SMEs - CEO

Record fuel prices to take painful toll on cash-strapped consumers, SMEs - CEO

10/10/2018 - 09:32
The latest fuel price increase, the highest on record so far, will seriously affect already stretched household finances, according to Gwarega Mangozhe, CEO of the Consumer Goods Council of SA (CGCSA). read more
SA in longest downward business cycle since 1945 - report

SA in longest downward business cycle since 1945 - report

09/10/2018 - 09:03
South Africa is in the longest downward business cycle since 1945, according to a report by the Centre for Risk Analysis (CRA) at the Institute of Race Relations (IRR). read more
Reducing the regulatory burden in SA

Reducing the regulatory burden in SA

08/10/2018 - 08:30
Proposed amendments to the Companies Act are meant to close loopholes and bring SA practice in line with broader trends. The reduction of regulatory burden is welcome, but some aspects are problematic. read more
SA’s economy could remain in the doldrums, survey shows

SA’s economy could remain in the doldrums, survey shows

05/10/2018 - 10:20
The Standard Bank PMI remained in contractionary territory for a third consecutive month. read more
Bleak manufacturing outlook as PMI keeps falling

Bleak manufacturing outlook as PMI keeps falling

02/10/2018 - 10:23
The poor PMI for September indicates that production in the manufacturing sector will be subdued. read more
Agricultural crime cost SA R7.7bn in 2017

Agricultural crime cost SA R7.7bn in 2017

01/10/2018 - 11:27
A report commissioned by agricultural industry body AgriSA found seven out of 10 commercial farmers experienced at least one incident in 2017. read more
Surprise trade surplus lifts SA’s outlook

Surprise trade surplus lifts SA’s outlook

01/10/2018 - 08:37
A surprise trade surplus in August bodes well for SA’s current account. read more
Producer inflation accelerates in August

Producer inflation accelerates in August

28/09/2018 - 09:37
Factory and farm gate inflation, as measured by the annual change in the producer price index (PPI), accelerated to 6.3% in August from 6.1% in July. read more
Key insights into the African pork market

Key insights into the African pork market

26/09/2018 - 08:58
According to the report "Africa: Pork (Meat Of Swine) - Market Report. Analysis And Forecast To 2025", recently published by IndexBox, in 2017 the pork market in Africa expanded to 1.6M tonnes, maintaining a steady upward trend over the last ten year period.  read more
SA portfolio inflows plummet in second quarter, data shows

SA portfolio inflows plummet in second quarter, data shows

26/09/2018 - 08:36
Portfolio investments into the South African economy fell sharply in the second quarter, as investor risk-aversion towards emerging markets rises, Reserve Bank data showed. read more
Households spend less in second quarter as drop in disposable income bites hard

Households spend less in second quarter as drop in disposable income bites hard

25/09/2018 - 10:33
Households were under strain in the second quarter of 2018, a report from the SA Reserve Bank shows.  read more
Egypt lifts SA fresh goods ban as listeriosis threat subsides

Egypt lifts SA fresh goods ban as listeriosis threat subsides

20/09/2018 - 14:32
The department of agriculture, forestry and fisheries says Egypt's government has lifted its temporary suspension of fresh fruits and vegetable imports from South Africa, which stood as a precaution to prevent the spread of listeriosis there. read more
With August's CPI lower than expected, a hike in interest rates will be a close call

With August's CPI lower than expected, a hike in interest rates will be a close call

19/09/2018 - 10:22
Consumer inflation surprised to the downside in August, lessening the likelihood of an interest-rate increase by the SA Reserve Bank. read more
Low business confidence bodes ill for SA

Low business confidence bodes ill for SA

18/09/2018 - 14:33
SA’s battered economy will come under further strain as business confidence reached its lowest level in a year. read more
SA table grape industry returns to normal crop

SA table grape industry returns to normal crop

13/09/2018 - 08:16
Good winter rains to date have largely broken the severe drought in the Western Cape. This positive outlook, linked to new plantings and new cultivars, brings the South African table grape industry back onto its positive growth curve. read more
Retail trade sales up by 1.3% as appliances, clothing show growth - Stats SA

Retail trade sales up by 1.3% as appliances, clothing show growth - Stats SA

12/09/2018 - 16:25
Retail trade sales for July grew by 1.3% year-on-year in real terms - with appliances and clothing indicating significant growth, Stats SA. read more
Manufacturing sector shows good growth in the third quarter

Manufacturing sector shows good growth in the third quarter

12/09/2018 - 08:45
The manufacturing sector kicked off the third quarter with strong growth. read more
Storm clouds gathering for SA consumers, economists warn

Storm clouds gathering for SA consumers, economists warn

11/09/2018 - 09:06
Storm clouds are gathering and are about to burst for consumers, economists warned, after poor GDP data released this week confirmed that South Africa was in a technical recession. read more
Confidence in agribusiness falls to two-year low, on uncertainty over land

Confidence in agribusiness falls to two-year low, on uncertainty over land

11/09/2018 - 08:16
An index tracking confidence in the agriculture industry declined to the lowest level in two years as the governing party presses ahead with plans to change the constitution to expropriate land without compensation. read more
Drought, not policy uncertainty, blamed for agriculture crash

Drought, not policy uncertainty, blamed for agriculture crash

10/09/2018 - 10:56
The alarming agriculture figures that dragged SA into recession were not the result of policy uncertainty about land reform. read more
SA retailers taking heavy strain

SA retailers taking heavy strain

05/09/2018 - 10:14
South African retailers across the board are taking strain, with consumers under pressure due to an unprecedented VAT increases and record fuel prices. read more
SA agriculture economy enters recession

SA agriculture economy enters recession

05/09/2018 - 08:44
After contracting by 33,6% quarter over quarter (q/q) in the first quarter of this year, the South African agricultural economy entered technical recession in the second quarter following a further 29,2% q/q contraction. read more
Grim factory activity weighs on economy

Grim factory activity weighs on economy

04/09/2018 - 11:17
The purchasing managers’ index for August plunged more than eight points, deep into contraction territory. read more
SA records shock trade deficit for July

SA records shock trade deficit for July

31/08/2018 - 14:28
SA recorded a shock trade deficit of R4.66bn in July, falling well short of analysts’ expectations. read more
Private sector credit growth hits a soft patch in July

Private sector credit growth hits a soft patch in July

30/08/2018 - 09:24
Growth in credit granted to the private sector slowed in July, undershooting market expectations. read more
Zero rated VAT items: how South Africa is going about expanding the list

Zero rated VAT items: how South Africa is going about expanding the list

28/08/2018 - 15:58
South Africa is processing a new report produced by an independent panel that reviewed the current list of items exempted from Value Added Tax (VAT).  read more
Counterfeit goods threaten SA economy

Counterfeit goods threaten SA economy

27/08/2018 - 15:13
South Africa needs to stand up and fight the problem of counterfeit goods as it has the potential to destroy the economy and lead to unemployment in the country, Paul Ramara, a partner at Spoor & Fisher has warned.  read more
Financial inclusion and support key to unlocking the power of entrepreneurship in Africa

Financial inclusion and support key to unlocking the power of entrepreneurship in Africa

23/08/2018 - 10:43
Driving financial inclusion amongst entrepreneurs and small business owners in Africa will ensure that they are equipped with the knowledge to transform their businesses into productive and sustainable contributors to the continent’s economy.  read more
Consumer inflation rises slightly faster than expected, led by fuel

Consumer inflation rises slightly faster than expected, led by fuel

23/08/2018 - 09:42
Inflation accelerated to a 10-month high of 5.1% in July from 4.6% in June, coming in slightly higher than economists anticipated. read more
South Africans changing spending habits due to financial pressure, index shows

South Africans changing spending habits due to financial pressure, index shows

22/08/2018 - 09:22
South Africans are under financial pressure and have adjusted their spending behaviour to weather the economic headwinds, according to Shergeran Naidoo, head of stakeholder relations at BankservAfrica. read more
Superfruits can help save SA economy

Superfruits can help save SA economy

21/08/2018 - 08:54
While South Africa was creating jobs and achieving some economic growth, these processes were not happening fast enough to keep up with the rate at which the population was growing and people were entering the job market. read more
Wholesale trade sales shrank in real terms in June compared to 2017

Wholesale trade sales shrank in real terms in June compared to 2017

17/08/2018 - 09:56
Wholesale trade sales shrank in real, inflation-adjusted terms in June compared with a year earlier and eked out a 0.1% gain for the quarter. read more
June’s retail growth just a third of that expected, raising recession risk

June’s retail growth just a third of that expected, raising recession risk

16/08/2018 - 09:26
June’s retail sales growth was only a third of what economists expected, raising the risk that SA entered a technical recession in the second quarter.  read more
Rob Davies aids embattled sugar industry with higher import duty

Rob Davies aids embattled sugar industry with higher import duty

15/08/2018 - 10:49
Trade & industry minister Rob Davies has come to the aid of the embattled sugar industry, approving an increase in import duties on sugar. read more
Treasury’s possible challenges following the VAT Panel report

Treasury’s possible challenges following the VAT Panel report

14/08/2018 - 10:57
The recommendations put forward by the review panel on the zero-rating of certain items for Value-Added Tax (VAT), may be challenging for Treasury to enforce.  read more
CPI jumps the most in 10 years in US, boosting case for a rate hike

CPI jumps the most in 10 years in US, boosting case for a rate hike

14/08/2018 - 09:52
Some items that posted big declines in June reversed course in July, including hotel and motel rates, which rose 0.4%. read more
Food crisis is much bigger than simply tinkering with zero-rating VAT

Food crisis is much bigger than simply tinkering with zero-rating VAT

13/08/2018 - 13:54
The government should stop tinkering with zero-rating of the VAT system and rather focus its efforts on regulating food prices and increasing wages and social grants, according to Pietermaritzburg Economic Justice and Dignity Group founder Julie Smith.  read more
Manufacturing sector concerned about its future

Manufacturing sector concerned about its future

03/08/2018 - 14:20
For the first time in 11 months, the subindex tracking expected business conditions in six months’ time dropped to below 50. read more
Treasury joins efforts to fix soe’s

Treasury joins efforts to fix soe’s

03/08/2018 - 10:37
In the recently published draft Taxation Laws Amendment Bill (draft TLAB), Treasury has made it clear that it will be joining the efforts to ensure the proper governance of public entities as it proposes that no income tax deduction will be allowed for fruitless and wasteful expenditure. read more
Food and grocery price increases in South Africa: 2017 vs 2018

Food and grocery price increases in South Africa: 2017 vs 2018

03/08/2018 - 10:15
Annual food inflation has continued to slow despite April’s rise in value-added tax (VAT), and some food items are actually cheaper than they were a year ago. read more
Trade surplus in June surprises at more than double the forecasts

Trade surplus in June surprises at more than double the forecasts

03/08/2018 - 09:19
SA recorded a substantial surplus of R12bn in June, beating market expectations. This follows May’s surplus of R3.5bn, which was revised upwards by R0.33bn. read more
Credit growth springs a positive surprise

Credit growth springs a positive surprise

31/07/2018 - 09:50
Growth in credit granted to the private sector accelerated more than expected in June, an encouraging sign from a market that has been relatively subdued since the start of 2018. read more
Consecutive fuel hikes push June inflation to 5.9%

Consecutive fuel hikes push June inflation to 5.9%

27/07/2018 - 08:39
The unexpectedly large surge in producer price inflation to almost 6% in June, mainly as a result of fuel price pressures, bodes ill for SA’s inflation trajectory and interest rate outlook. read more
SA ‘completely out of step’ with global SME growth trends

SA ‘completely out of step’ with global SME growth trends

26/07/2018 - 11:11
SA is a "complete outlier" internationally when it comes to employment creation by small and medium-sized enterprises, raising questions about possible policy and regulatory failure. read more
Lemons add a silver lining to SA citrus season

Lemons add a silver lining to SA citrus season

26/07/2018 - 09:36
Lemons are the only silver lining to a season in which other citrus products from South Africa have had a hard time of it in a full European summer market, says Snyman Kritzinger, managing director of Grown4U in Kirkwood, Sundays River Valley.  read more
South African leads international prune association

South African leads international prune association

24/07/2018 - 14:42
At the recent annual congress of the International Prune Association (IPA) Chris Krone, chairperson of Agri Western Cape’s Commodity Chamber was elected as president for the association for the third time. Established in Agen, France, in January 1990, the IPA is the international prune industry’s trade entity that represents the interests of prune growers and packers across the globe. read more
Wholesaler sales lift in May after two months of contraction

Wholesaler sales lift in May after two months of contraction

23/07/2018 - 13:49
Wholesalers sold R168.5bn worth of goods in May, double the R84.7bn sold by retailers, Statistics SA says. read more
Inflation is contained and an interest rate rise is unlikely, say analysts

Inflation is contained and an interest rate rise is unlikely, say analysts

19/07/2018 - 10:13
The Reserve Bank could take a more hawkish stance, though, as a weakening currency puts upward pressure on inflation. read more
Consumer inflation accelerates as fuel prices bite

Consumer inflation accelerates as fuel prices bite

18/07/2018 - 10:15
The 4.6% increase in CPI was a little better than expected — possibly thanks to zero inflation in food prices.  read more
US duties to knock SA’s Agoa exports

US duties to knock SA’s Agoa exports

17/07/2018 - 08:58
SA has raised its concern with the US government about possible duties on vehicle and vehicle component imports, pointing out that their imposition on South African exports would significantly erode the benefit the country is meant to enjoy under the Africa Growth and Opportunity Act (Agoa). read more
SA factories do better than expected in May

SA factories do better than expected in May

12/07/2018 - 13:47
SA’s manufacturing output grew 2.3% in May from the same month in 2017, contradicting a drop predicted by the Absa purchasing managers index (PMI). read more
Unlocking export markets for SA’s vegetable industry

Unlocking export markets for SA’s vegetable industry

12/07/2018 - 07:59
Global opportunities are opening up for South African vegetable producers and exporters with the emergence of new markets in some Asian and African countries. This is due to an increase in middle-income earners, says Ezra Steenkamp, deputy director of international trade research at the Department of Agriculture, Forestry and Fisheries. read more
Trade wars turn up the heat on local consumers

Trade wars turn up the heat on local consumers

11/07/2018 - 09:24
South African consumers face more pain from potential global trade wars and fuel increases, global payments company Mastercard said in a statement. read more
State under fire over lax food safety regulations

State under fire over lax food safety regulations

10/07/2018 - 10:09
After the recent listeriosis outbreak that claimed the lives of more than 200 people, the department of health has come under fire for lax food safety legislation. read more
Illicit tobacco sales will cost SA R7bn this year, says Tisa

Illicit tobacco sales will cost SA R7bn this year, says Tisa

06/07/2018 - 13:21
Tobacco Institute report claims suspended SARS commissioner Tom Moyane turned a blind eye to the illicit cigarette industry. read more
Blockchain: A safe link in the food chain

Blockchain: A safe link in the food chain

06/07/2018 - 09:52
Experts say blockchain can help address food safety issues in SA, such as the one that led to the listeriosis outbreak. read more
U.S. whisky imports to South Africa surge

U.S. whisky imports to South Africa surge

05/07/2018 - 10:39
US whisky imports to the country grew to over US$10m last year. The imports surged by more than 17 percent in 2016, from US$8.9m to over US$10.5m in 2017. read more
Fuel price hike: Consumers brace for higher food, transport costs

Fuel price hike: Consumers brace for higher food, transport costs

04/07/2018 - 11:20
Consumers will be faced with higher travelling costs and the possibility of food price inflation as a result of the fuel price hikes which came into effect at midnight on Tuesday, economists have warned. read more
SA economy needs a common narrative and simpler policies, says PIC researcher

SA economy needs a common narrative and simpler policies, says PIC researcher

04/07/2018 - 10:15
South Africa needs to crystallise whatever edge it has in competition with other emerging markets in the world, according to Mohammed Nalla, head of economic research at the Public Investment Corporation. read more
Moody’s cautions SA against debt trap

Moody’s cautions SA against debt trap

04/07/2018 - 08:00
Credit ratings agency Moody’s Investors Service has cautioned that if the rand continues to weaken, SA may struggle to raise funds and service its foreign debt, although its vulnerability to tightening global financing conditions remains low. read more
Factory inflation rises in May from April’s figure

Factory inflation rises in May from April’s figure

28/06/2018 - 14:53
Producer inflation accelerated slightly to 4.6% in May from 4.4% in April, Statistics SA reported. By contrast, consumer inflation slowed to 4.4% in May from 4.5% in April. read more
SA’s maize crop set to be 2% higher than previous estimate

SA’s maize crop set to be 2% higher than previous estimate

28/06/2018 - 10:21
Farmers will likely harvest 13.2-million tonnes of maize this year, which is 2% higher than the previous estimate, released in May. read more
Surprise dip in inflation offers relief to consumers

Surprise dip in inflation offers relief to consumers

22/06/2018 - 08:49
Inflation is hitting the rich hardest, Stats SA's figures show.  read more
Higher taxes take a toll as retail index slumps to a three-month low

Higher taxes take a toll as retail index slumps to a three-month low

21/06/2018 - 08:53
The JSE’s general retail index, which includes the likes of Woolworths and Mr Price, has posted its worst rolling three-month period since the end of 2013, as depressed consumer confidence and a brewing US-China trade war ruin projections of a significant uptick in consumer spending. read more
Agri SA pleased with slowing inflation

Agri SA pleased with slowing inflation

20/06/2018 - 15:01
Consumer Price Index (CPI) data released by Stats SA shows that annual consumer inflation slowed from 4,5% in April 2018 to 4,4% in May 2018. Month-on-month, the consumer price index increased by 0,2% in May 2018. read more
Construction index reflects big downturn in building materials sales

Construction index reflects big downturn in building materials sales

20/06/2018 - 09:36
The Afrimat Construction Index for the first quarter of 2018 shows a large downturn year on year as SA’s mining and construction industries remain mired in negative territory.  read more
Fitch retains its junk rating for SA

Fitch retains its junk rating for SA

19/06/2018 - 10:25
The agency warns financial challenges at state-owned enterprises remain substantial and government debt has yet to stabilise. read more
Wholesale trade drops as fuel levies and VAT increase take effect

Wholesale trade drops as fuel levies and VAT increase take effect

15/06/2018 - 10:22
April’s wholesale trade declined 2.6% from the same month in 2017, Statistics SA reported. read more
Maize harvest activity gaining momentum in SA

Maize harvest activity gaining momentum in SA

14/06/2018 - 11:38
Harvest activity is gaining momentum across South Africa, thanks to favourable weather conditions.  read more
Cautious SA consumers are spending more on Pharma goods, Mastercard survey shows

Cautious SA consumers are spending more on Pharma goods, Mastercard survey shows

14/06/2018 - 08:43
South Africans spent less on food and more on pharmaceuticals in April, according to credit and debit card issuer Mastercard. read more
Shock April retail sales crash after VAT increase

Shock April retail sales crash after VAT increase

13/06/2018 - 15:48
April’s increase in VAT and fuel prices knocked retail sales growth down to a ninth of the 4.5% expected by economists. read more
Why the weaker SA economy may be good for local investors

Why the weaker SA economy may be good for local investors

13/06/2018 - 10:55
With confirmation that local GDP declined by 2.2% in the first quarter on the year, followed by a major dip in the rand, doubts have been cast over South Africa’s so-called ‘Ramaphoria’. read more
Local processed meat demand down 75% due to listeriosis

Local processed meat demand down 75% due to listeriosis

13/06/2018 - 09:43
The Department of Trade and Industry has said preliminary research shows that the pork industry has been the hardest hit following an outbreak of listeriosis. read more
SA economy is in for a rough ride

SA economy is in for a rough ride

13/06/2018 - 08:46
The rand exchange rate crashed last week and local bond yields grew more expensive as news of an economic contraction triggered a negative investor sentiment and views on the local economy.  read more
SME’S to hit hard times for remainder of 2018

SME’S to hit hard times for remainder of 2018

12/06/2018 - 10:46
It has been revealed that, in the first quarter of 2018, South Africa’s economy has shrunk by a shocking 2.2% - the largest quarterly drop since the financial crisis. Coupled with the fact that 70% to 80% of small businesses fail within their first five years, this means that SME's will need to work even harder now to ensure their survival for the long term. read more
SA economy shrinks in Q1 of 2018

SA economy shrinks in Q1 of 2018

07/06/2018 - 14:27
South Africa's economy shrunk by 2.2% in the first quarter of 2018 after expanding by 3.1% in the final quarter of last year, Statistics South Africa said, knocking more than half a percent off the rand.  read more
Producer inflation jumps to 4.4% in April

Producer inflation jumps to 4.4% in April

07/06/2018 - 14:10
Factory and farm gate inflation, as measured by the annual change in the producer price index (PPI), accelerated to 4.4% in April from 3.7% in March.  read more
SA wine farmers feel the pressure

SA wine farmers feel the pressure

07/06/2018 - 11:40
More than a third of wine-grape producers make a loss and the industry has about 25% fewer producers than a decade ago, according to Vinpro.  read more
Growth in private sector credit extension declines sharply

Growth in private sector credit extension declines sharply

31/05/2018 - 14:05
Growth in private sector credit extension in South Africa decelerated sharply to 5.1% in April - against the market’s forecast of 6.1% - from 6.0% in March, Nedbank said. read more
Trade wars: winners and losers -  Where does South Africa fit in?

Trade wars: winners and losers - Where does South Africa fit in?

30/05/2018 - 11:19
Amid an increasingly unstable geopolitical landscape, the looming possibility of a global trade war carries the risk of severe negative macroeconomic consequences, in that both the US and Chinese economies could begin to decelerate, triggering a worldwide recession. On the flip side of this, however, the rise in trade tensions brings about a sense of investment opportunity with regard to the global food and agricultural value chain. read more
Competitiveness index shows SA is still drifting

Competitiveness index shows SA is still drifting

30/05/2018 - 11:08
Drags include SA’s deteriorating education standards, rising state debt, inefficient SOEs and persistently high unemployment. read more
SA fuel prices could reach an all-time high in June 2018

SA fuel prices could reach an all-time high in June 2018

23/05/2018 - 15:02
After a notable increase in fuel prices earlier this month, June 2018 could bring further uptick in fuel prices to an all-time high. This is due to higher Brent crude oil price, coupled with the relatively weaker Rand against the US Dollar.  read more
Inflation accelerates, but less than expected

Inflation accelerates, but less than expected

23/05/2018 - 13:25
Inflation, as measured by the annual change in the consumer price index (CPI), accelerated less than expected to 4.5% in April from 3.8% in March. read more
Positive outlook on agriculture good news for GDP

Positive outlook on agriculture good news for GDP

22/05/2018 - 09:57
As with everything else, the state of agribusiness in SA depends on whom you ask, which in this instance must begin with Statistics SA’s numbers for the contribution agriculture makes to GDP. read more
Three important technologies to slash manufacturing input costs

Three important technologies to slash manufacturing input costs

21/05/2018 - 14:34
Local manufacturing firms continue to face blustering headwinds – from heightened global competition from the likes of China and India, to sluggish demand and macroeconomic conditions, to critical skills shortages and labour issues. But technology can help to relieve one of the most common pain points that we’re seeing: the stubbornly high costs of production.  read more
Fund to cast a line to small fisheries in SA

Fund to cast a line to small fisheries in SA

17/05/2018 - 13:24
Agriculture, Forestry and Fisheries Minister Senzeni Zokwana is going to introduce changes to how key government grants are used in order to advance transformation for the benefit of small and black-owned businesses. read more
Faster and fresher will drive global food demand

Faster and fresher will drive global food demand

17/05/2018 - 11:09
Food producers and processors in South Africa will benefit considerably when they analyse and interpret global consumer trends impacting food and agriculture and then deliver accordingly. read more
Shock fall in factory output delivers second blow to growth outlook

Shock fall in factory output delivers second blow to growth outlook

17/05/2018 - 09:14
The unexpected contraction follows a much steeper than expected decline in mining production. read more
Slow retail sales ‘to weigh on first quarter GDP'

Slow retail sales ‘to weigh on first quarter GDP'

16/05/2018 - 16:41
As retail sales become the last piece in the GDP puzzle, industry analysts anticipate a weak outcome for the first quarter. read more
Vanilla production drops as demand grows

Vanilla production drops as demand grows

15/05/2018 - 11:26
In 2016, the vanilla market dropped to 7 100 tons, caused by the reduction of global vanilla production due to harvest cuts in Madagascar and Indonesia. At the same time, demand for vanilla continues to grow against the backdrop of growing demand from the food, flavours and cosmetic industries.  read more
Japanese now upbeat about deals with SA

Japanese now upbeat about deals with SA

15/05/2018 - 09:42
Trade officials from Japan, who previously had felt sidelined under the Jacob Zuma administration, are in a more buoyant mood, believing that relations with SA have entered a new chapter. read more
Retail trade sales may reflect positive story

Retail trade sales may reflect positive story

14/05/2018 - 08:40
The quarterly labour force survey revealing employment trends will be the main economic data this week.  read more