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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
Adopting sustainability strategies can boost SA SME's

Adopting sustainability strategies can boost SA SME's

11/05/2018 - 14:42
Many startups and small and medium-sized enterprise (SME) owners in South Africa believe that sustainability strategies are only relevant to large corporates, but there are many advantages to making sustainability the foundation of any new business.  read more
SA on track for moderate food-price inflation, say analysts

SA on track for moderate food-price inflation, say analysts

10/05/2018 - 14:46
Early indications are that agriculture exports will be strong. read more
SA's foreign exchange reserves shrink in April

SA's foreign exchange reserves shrink in April

08/05/2018 - 11:02
SA’s foreign exchange reserves shrank 0.9% to $49.54bn in April from $49.98bn in March, the Reserve Bank reported. read more
Experts to review VAT zero-rated items

Experts to review VAT zero-rated items

04/05/2018 - 13:42
The review will consider expanding the list of 19 basic food items that are VAT zero-rated, in light of the recent VAT hike. read more
Decrease in pork price makes it top pick for consumers

Decrease in pork price makes it top pick for consumers

04/05/2018 - 09:52
With the continued decrease in the price of pork whilst other meats trend higher, consumers who are feeling the pinch are most likely to settle for pork as an alternative. read more
Producer inflation drops in March, with total cost of food production falling 1.2%

Producer inflation drops in March, with total cost of food production falling 1.2%

03/05/2018 - 14:13
Farm and factory gate inflation, as measured by the annual change in the producer price index (PPI), decelerated to 3.7% in March from 4.2% in February.  read more
Higher maize crop expected

Higher maize crop expected

26/04/2018 - 10:22
The area planted estimate and third production forecast of summer crops for the 2018 production season was recently released by the National Crop Estimates Committee. read more
Reserve Bank warns liabilities at SOEs still pose a downgrade threat

Reserve Bank warns liabilities at SOEs still pose a downgrade threat

26/04/2018 - 10:01
The Bank’s Financial Stability Review says that SA still has a vulnerable domestic fiscal position. read more
Panel of experts to review list of zero-rated VAT items

Panel of experts to review list of zero-rated VAT items

25/04/2018 - 15:57
Finance Minister Nhlanhla Nene has appointed an independent panel of experts to review the list of zero-rated VAT items. read more
Consumer confidence swings into optimistic territory

Consumer confidence swings into optimistic territory

25/04/2018 - 11:27
SA cheered up by a record 34 points thanks to the "Ramaphosa rally", causing consumer confidence to swing from a pessimistic, minus eight points to an optimistic 26 points.  read more
SA wine production declines steeply — but global wine consumption is steady

SA wine production declines steeply — but global wine consumption is steady

24/04/2018 - 15:43
SA is set for a steep decline in wine production in 2018 as the country grapples with a water crisis ravaging Cape Town and surrounding areas, a Paris-based global organisation said. read more
Liberate economic development for renewable energy companies

Liberate economic development for renewable energy companies

24/04/2018 - 08:45
With government refreshing its drive to build renewable energy capacity, it’s time for these respective companies in the industry to renew their focus on economic development outputs. Licenses were first issued in 2011 and the communities around these plants are growing. With the sector being revitalised, now is the time to review lessons learned and make some strategic decisions where necessary.  read more
Inflation dip ‘no signal for rate cut’

Inflation dip ‘no signal for rate cut’

19/04/2018 - 12:04
Although the latest inflation figure is lower than was expected, indicating that consumers have had more spending power, analysts say another interest rate cut is unlikely. read more
Retail sales growth increases 4.9% in February, says Stats SA

Retail sales growth increases 4.9% in February, says Stats SA

19/04/2018 - 10:55
Retail sales growth increased 4.9% in February from the same month in 2017, Statistics SA reported.  read more
Inflation slows unexpectedly in March

Inflation slows unexpectedly in March

18/04/2018 - 11:50
Inflation slowed to 3.8% in March, surprising economists who had expected it to accelerate slightly from February’s 4%. read more
High red meat prices fuelled by inflation, says Stats SA

High red meat prices fuelled by inflation, says Stats SA

17/04/2018 - 15:16
Red meat prices in South Africa have increased at the highest rate of all food products year-on-year, despite a marked slowdown in food inflation, according to a statement by Statistics SA. read more
Manufacturing output drops in February

Manufacturing output drops in February

13/04/2018 - 08:25
SA’s manufacturing output growth decelerated sharply to 0.6% in February from 2.3% in January, dashing expectations of an uptick.  read more
China’s appetite for macadamias fuel SA industry

China’s appetite for macadamias fuel SA industry

11/04/2018 - 14:52
The demand for macadamia nuts in China is on the rise and has local farmers feeling optimistic. And for good reason. China has increased its nut consumption in recent years and is currently South Africa’s fastest growing importer, importing up to 40% of the total haul according to China’s National Industry Association (CSNC). read more
SME’s capitalising on ‘Cyril Spring’ by investing, taking more risks

SME’s capitalising on ‘Cyril Spring’ by investing, taking more risks

10/04/2018 - 14:04
It’s already shaping up to be an excellent year for the SME sector, despite South Africa’s recessionary state. This is, in part, owing to increased positivity in the sector since the appointment of President Cyril Ramaphosa.  read more
Wheat import tariff nearly halves in March

Wheat import tariff nearly halves in March

09/04/2018 - 14:30
SA’s wheat import tariff has declined a hefty 45% to R394.85 per tonne, the Agricultural Business Chamber (Agbiz) said on Monday. read more
Upbeat PMI signals further improvement in the health of SA’s economy

Upbeat PMI signals further improvement in the health of SA’s economy

06/04/2018 - 08:28
Purchasing managers index (PMI) data from Standard Bank, which gauges activity in the entire economy, signalled a further improvement in the health of the South African private sector in March. read more
Retailers attempt to keep higher prices from consumers

Retailers attempt to keep higher prices from consumers

05/04/2018 - 08:09
Squeezed consumers re-arrange their budgets to accommodate the VAT hike. read more
Private sector credit growth picks up in February

Private sector credit growth picks up in February

04/04/2018 - 08:58
Private sector credit growth rose an annualised 5.74% in February, beating the market consensus of 5.5%, Reserve Bank data showed. read more
SA pomegranates feel the effects of drought

SA pomegranates feel the effects of drought

04/04/2018 - 08:21
Markets can expect smaller counts on South African pomegranates this season, with a concomitant drop of between 20 to 25% on export volumes. read more
SA trade balance swings back into surplus of R430m in February

SA trade balance swings back into surplus of R430m in February

03/04/2018 - 18:41
SA’s trade account recorded a surplus of R430m in February, while January’s deficit was revised downwards by R540m, to R27.12bn, data released by the South African Revenue Service (SARS) showed. read more
South African manufacturers turn gloomy again

South African manufacturers turn gloomy again

03/04/2018 - 18:34
After briefly turning optimistic in February, South African factory managers were back on the pessimistic side of the monthly manufacturing purchasing managers index (PMI), Absa reported on Tuesday. read more
Easter spend trends 2018

Easter spend trends 2018

28/03/2018 - 09:06
As we fast approach Easter - the first holiday of the year, consumer spend is most likely going to be closely monitored by the retail and shopping centre industry. Renowned economist and speaker Daniel Silke said with regards to the looming Easter spend, there are contradictory forces at play.  read more
Confidence and optimism buoy SA’s agriculture

Confidence and optimism buoy SA’s agriculture

27/03/2018 - 09:32
Renewed optimism and agribusiness confidence is expected to shake off the adverse effects of policy and weather, says Agbiz’s Wandile Sihlobo. read more
Rob Davies calls for exemption on US tariffs

Rob Davies calls for exemption on US tariffs

26/03/2018 - 11:09
SA’s formal submissions ‘will involve a substantial amount of time and money, with no guarantee of success’. read more
Potato market sees an increase in sales

Potato market sees an increase in sales

23/03/2018 - 15:21
The local potato market has seen an increase in potato sales at fresh produce markets for the 2017 season.  read more
Analysts point to mixed signals for retail

Analysts point to mixed signals for retail

23/03/2018 - 08:50
While retail sales are expected to remain firm in the coming months, consumers will be more subdued than they were in the second half of 2017 when exceptionally strong spending was recorded, analysts said on Thursday. read more
Positive inflation surprise raises hope of a rate cut

Positive inflation surprise raises hope of a rate cut

20/03/2018 - 14:30
Consumer inflation slowed to 4% in February — from 4.4% in January, and beating economists’ consensus of 4.2%. read more
Growth predicted for South African avocado industry

Growth predicted for South African avocado industry

20/03/2018 - 08:58
The South African avocado industry is looking forward to a good year, as steadily increasing demand from both the local and international markets seems to hold. read more
Consumers continue their festive-season spend trend in January

Consumers continue their festive-season spend trend in January

16/03/2018 - 13:55
For the first time in five years, consumer spending in January grew at the same pace as during the festive season, signifying economic recovery. read more
Retail sales volumes highest in six years

Retail sales volumes highest in six years

15/03/2018 - 10:42
The discretionary spending power of consumers is slowly returning as inflation slows and the rand strengthens.  read more
Factory output surges on higher consumption of food and drinks

Factory output surges on higher consumption of food and drinks

13/03/2018 - 15:32
Annual South African manufacturing output growth accelerated to 2.5% in January from December’s figure, which was revised down to 1.8% from the 2% Statistics SA originally published. read more
Direct selling sector ticks some key budget boxes

Direct selling sector ticks some key budget boxes

13/03/2018 - 09:47
In delivering the budget, the finance minister played the best of a bad hand, but the ace was his focus on the critical role that small businesses and entrepreneurs need to play in facilitating growth by creating income opportunities. read more
New economic zones are no cure-all for manufacturing

New economic zones are no cure-all for manufacturing

12/03/2018 - 09:15
The approval of six special economic zones (SEZs) in the 2018 budget has been welcomed, but some industry players warn they are not a panacea to restore manufacturing to its rightful place in the economy.  read more
Drought cuts Western Cape farm production by 20%‚ says finance MEC

Drought cuts Western Cape farm production by 20%‚ says finance MEC

08/03/2018 - 14:09
The drought has halted economic growth in the Western Cape‚ finance MEC Ivan Meyer said in his budget speech. read more