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Most nations fall well short of safe drinking water targets, Zuma reports

Most nations fall well short of safe drinking water targets, Zuma reports

22/03/2017 - 15:21
Only 147 countries have met the United Nation’s Sustainable Development Goals' drinking water targets - and only 95 have met the sanitation target while 77 have met both. read more
Plan to stave off water war in SA

Plan to stave off water war in SA

22/03/2017 - 09:55
Former World Bank vice president Ismail Serageldin famously predicted that "the wars of the 21st century will be fought over water".  read more
Food inflation to simmer down to single digits

Food inflation to simmer down to single digits

22/03/2017 - 09:50
SA’s unusually high food price inflation was expected to drop to single digits for the first time in a year, economists predict. read more
SA to start recycling wastewater

SA to start recycling wastewater

22/03/2017 - 09:06
PRETORIA - South Africa will be putting more resources towards recycling wastewater. read more
SA’s net equity outflows hit R31.7bn in 2017

SA’s net equity outflows hit R31.7bn in 2017

21/03/2017 - 19:52
Foreign investors sold nearly R600m worth of local shares on a net basis last week, bringing the tally of shares sold so far in 2017 to R31.7bn. read more
Emergency measures in place for water crisis – Cape Town

Emergency measures in place for water crisis – Cape Town

17/03/2017 - 12:54
Disaster planning is underway to ensure measures were in place for the possibility of an extended drought in Cape Town. read more
100 days of water left for Cape Town

100 days of water left for Cape Town

17/03/2017 - 08:37
Cape Town - The crown jewel of South Africa’s tourism industry, Cape Town has 100 days before it runs out of water. read more
Retail sales decline to record low since global financial crisis

Retail sales decline to record low since global financial crisis

16/03/2017 - 08:40
Johannesburg – Retail sales declined 2.3% in January 2017, according to data released by Statistics South Africa (StatsSA), this is the worst performance since 2009 read more
Rand threatened by looming Fed rate hike

Rand threatened by looming Fed rate hike

15/03/2017 - 09:09
Cape Town - The chief cause of the rand’s depreciation over the past week was anxiety over the upcoming Fed rate hike, said Overberg Asset Management (OAM) in its weekly overview of the SA economic landscape. read more
Mining data shows economy may be perking up

Mining data shows economy may be perking up

14/03/2017 - 16:10
SA’s economy appears to be perking up as the slowdown in mining eases. The rise in commodity prices due to an improvement in global demand led to a 1.3% year-on-year increase in mining production in January. read more
SA bulk exports surge by 18.6% in February to 14.9-million tonnes

SA bulk exports surge by 18.6% in February to 14.9-million tonnes

10/03/2017 - 11:17
SA's bulk export volumes surged by 18.6% year on year in February to 14.9-million tonnes after falling by 6.5% year on year in January to 13.5-million tonnes, following a 2.8% drop in 2016 to 163.3-million tonnes, data from the Transnet National Ports Authority showed on Wednesday.  read more
Agriculture sector on the mend after crippling drought

Agriculture sector on the mend after crippling drought

08/03/2017 - 09:12
Grain prices have steadily fallen since their record peak in the first quarter of 2016, supported by expectations of higher grain production and a stronger rand read more
JSE drifts lower amid US rate hike expectations

JSE drifts lower amid US rate hike expectations

06/03/2017 - 13:33
Johannesburg - The JSE drifted lower on Monday morning, among indications that new political uncertainties may unnerve global markets in the coming week. read more
Poultry association seeks import protection to save industry

Poultry association seeks import protection to save industry

03/03/2017 - 08:29
The poultry industry could create up to 50,000 direct and indirect jobs, including grain jobs if SA did not import chickens. read more
Maize prices take a tumble

Maize prices take a tumble

02/03/2017 - 11:01
Good rains and prospects for a bumper crop have seen South African maize prices fall to 2½-year lows and analysts say inflation should start slowing as a result in the third quarter of 2017.  read more
Inflation will drop, but consumers will sweat first

Inflation will drop, but consumers will sweat first

02/03/2017 - 08:51
Johannesburg – Inflation is expected to drop below 5% by midyear, but consumers will be facing a challenging first half of the year, said an economist. read more
 VAT: Adding more fuel to the fire for consumers

VAT: Adding more fuel to the fire for consumers

01/03/2017 - 08:44
As part of the 2017 Budget, Government has put forward a proposal for scrapping the zero-rating on fuel to expand the VAT base in 2018/2019. What does this mean for consumers? read more
SA among top borrowers in Africa in 2017

SA among top borrowers in Africa in 2017

28/02/2017 - 11:03
SA, Angola and Nigeria are set to issue most of the government commercial debt, at $35bn, or about 82% of the total borrowing for the subcontinent. read more
 UK economic momentum at risk as consumer confidence wanes

UK economic momentum at risk as consumer confidence wanes

28/02/2017 - 10:41
UK consumer confidence weakened this month as the pound’s slide, rising prices and weak pay growth began to weigh on the powerhouse of Britain’s economy. read more
Consumers to remain under pressure in 2017/2018 tax year, says Old Mutual

Consumers to remain under pressure in 2017/2018 tax year, says Old Mutual

24/02/2017 - 13:52
The 2017 National Budget Speech delivered by Finance Minister Pravin Gordhan did little to bring relief to consumers’ pockets and reinforces the need for South Africans to keep their finances under control. It also underscores the urgent need for consumers to ensure they are making full use of the tax benefits of the various savings vehicles available to them, such as retirement funds, retirement annuities, and tax-free savings accounts. read more
Producer inflation comes in better than expected

Producer inflation comes in better than expected

24/02/2017 - 10:55
Food and fuel remain the key drivers of a higher overall PPI — and new taxes and levies could undermine the benevolent effects of an easing drought. read more
Trading kicks off on SA’s newest stock exchange

Trading kicks off on SA’s newest stock exchange

21/02/2017 - 09:43
Johannesburg - South Africa’s new stock exchange, ZAR X, kick-started trading on Monday with the listing of one the world’s largest white maize providers.  read more
JSE cheers collapsed Shoprite, Steinhoff merger

JSE cheers collapsed Shoprite, Steinhoff merger

20/02/2017 - 14:55
Johannesburg - News that the proposed merger between Steinhoff and Shoprite has collapsed gave the JSE a massive boost on Monday. read more
World stocks lose momentum after record-breaking week

World stocks lose momentum after record-breaking week

17/02/2017 - 14:45
Global stocks retreat from record highs as earnings buoy European equities and investors await substantive policy updates from Trump read more
Sugary tax is a 'smart tax', says UCT expert

Sugary tax is a 'smart tax', says UCT expert

17/02/2017 - 11:22
Cape Town – A tax on sugar-sweetened beverages (SSBs) is a smart instrument to reduce consumption, said Evan Blecher, from the University of Cape Town’s Economics of Tobacco Control Products.  read more
Building blocks of CPI tap into our evolving lifestyles

Building blocks of CPI tap into our evolving lifestyles

17/02/2017 - 09:35
The January inflation figure is based on a new updated product basket and weights. Patrick Kelly explores what this means. read more
Black Friday spending saves SA’s retail sales from disaster

Black Friday spending saves SA’s retail sales from disaster

16/02/2017 - 09:44
Weak retail sales match levels in 2009 when SA was in recession read more
Consumer inflation slows more than expected in January

Consumer inflation slows more than expected in January

15/02/2017 - 13:57
Inflation, as measured by the consumer price index (CPI), moderated to 6.6% in January from December’s 6.8%. read more
SA’s net equity outflows surpass R22bn in 2017

SA’s net equity outflows surpass R22bn in 2017

15/02/2017 - 10:30
SA’s net equity outflows are showing little sign of abating, with foreigners selling an additional R3bn last week, bringing the tally to R22bn since the beginning of the year. read more
Forget alien armyworms, Africa’s maize may face a bigger threat

Forget alien armyworms, Africa’s maize may face a bigger threat

15/02/2017 - 10:19
Pest control organisation warns that red locusts, which are 10 times worse than the caterpillars, must be stopped or there ‘will not be anything to harvest.' read more
SA’s bulk exports fall 6.5% year on year in January

SA’s bulk exports fall 6.5% year on year in January

14/02/2017 - 09:57
SA’s bulk export volumes fell 6.5% year on year in January to 13.5-million tonnes. There was also a fall of 2.8% for all of 2016 to 163.3-million tonnes, data from the Transnet National Ports Authority (TNPA) showed on Monday. read more
Robust rand brushes off Zuma's SONA

Robust rand brushes off Zuma's SONA

10/02/2017 - 12:07
Cape Town – The rand was on firmer footing on Friday morning, trading at R13.32/$ at around 11:00 after showing some jitters earlier on Thursday as violence marred President Jacob Zuma’s 2017 State of the Nation Address.  read more
Harare’s trade rules hurt SA exporters

Harare’s trade rules hurt SA exporters

07/02/2017 - 09:09
SA is losing out on potentially billions of rand in revenue as its exporters are forced to pay higher tariff duties to access the Zimbabwean market, while Trade and Industry Minister Rob Davies struggles to resolve an import ban on South African products by that country. read more
Supporting the success of a home-grown South African Spaza economy

Supporting the success of a home-grown South African Spaza economy

06/02/2017 - 15:20
Since the mid-1970s and continuing into the present day, spaza shops have not only been the backbone of South Africa’s township economy, but they are the most visible and vivid scenery depicting the vibrancy of township life. They are symbols often illustrating the dichotomy in South Africa’s economy. These make-shift retail spaces in residences often stands in stark contrast with consumer landscapes of the formal economy such as malls. read more
FAO Food Price Index approaching two-year highs

FAO Food Price Index approaching two-year highs

06/02/2017 - 08:38
Led by sugar and cereals, while global markets remain well supplied, the FAO Food Price Index rose significantly in January - averaging 173.8, its highest value in almost two years, a 2.1 percent increase from its revised December value and 16.4 percent above its 2016 January level. While 2016 marked the fifth consecutive year the index has fallen, January marked its sixth monthly increase in a row. read more
SA economy can grow and avoid a water crisis

SA economy can grow and avoid a water crisis

03/02/2017 - 12:45
Cape Town – Various steps are required to ensure South Africa can sustainably consume water without the taps running dry, a scenario-planning expert recently explained. read more
How SA's big supermarket chains keep out small suppliers

How SA's big supermarket chains keep out small suppliers

03/02/2017 - 11:56
This article is part of a series of studies titled “barriers to entry”, specifically looking at the expansion of regional supermarket chains in southern Africa. The article draws from studies that look at the spread of supermarkets in the region and how the market power of large firms in different sectors can hold back economic development read more
Local SMEs resurfaces upbeat for business growth in 2017

Local SMEs resurfaces upbeat for business growth in 2017

03/02/2017 - 09:12
02 February 2017: 77% of South African small and medium enterprise (SME) owners surveyed in the fourth quarter 2016 Business Partners Limited SME Index believe that 2017 will yield greater growth for their businesses than 2016. The survey measured the attitude and confidence levels of South African SME owners across various sectors of the economy. read more
Manufacturing index takes surprise leap to positive territory

Manufacturing index takes surprise leap to positive territory

02/02/2017 - 12:20
The Absa purchasing managers’ index (PMI) staged a surprise recovery and rose to 50.9 in January, suggesting that manufacturers got off to a better start in 2017 than predicted. read more
The poorest now pay an extra R300 for a basic food basket from a year ago

The poorest now pay an extra R300 for a basic food basket from a year ago

31/01/2017 - 16:27
The cost of a basic basket of food has risen 16.5% in January compared to January a year ago, with staples such as maize, samp and chicken pieces recording among the highest increases, the latest Pacsa monthly food price barometer shows. read more
Changes to CPI give food more weight

Changes to CPI give food more weight

30/01/2017 - 12:14
Pay-TV, noodles, apartment living and lottery dreams have become part of South Africans’ way of life read more
Low food prices to ease pain

Low food prices to ease pain

27/01/2017 - 09:05
The decline in food inflation may be offset by higher meat and petrol prices read more
Farmers step up maize planting after good rain

Farmers step up maize planting after good rain

27/01/2017 - 08:37
Farmers planted almost a third more maize this season because of improved rain and other climate conditions, the state crop estimates committee said on Thursday. read more
SA must shut down dumped chicken imports to prevent industry collapse

SA must shut down dumped chicken imports to prevent industry collapse

26/01/2017 - 09:35
Local poultry producers are efficient and world-class but cannot compete in an unfair environment, write Agmat Brinkhuis, Scott Pitman and Katishi Masemola read more
Red meat, maize prices to remain high due to drought

Red meat, maize prices to remain high due to drought

25/01/2017 - 14:00
A farmers' association says the impact of last year's drought will be felt by consumers until at least the end of this year. read more
Trade and Industry Minister Rob Davies to seek a post-Brexit preferential trade pact

Trade and Industry Minister Rob Davies to seek a post-Brexit preferential trade pact

24/01/2017 - 10:20
Trade and Industry Minister Rob Davies will seek a commitment from his British counterpart, Liam Fox, that the UK is willing to enter into post-Brexit trade negotiations with SA as soon as possible. read more
SA economy poised for growth, and a stable repo rate in 2017

SA economy poised for growth, and a stable repo rate in 2017

24/01/2017 - 08:42
SA’s economy will get a boost from perkier commodity prices, a benign inflation outlook, and better rains for the agriculture sector this year, a Reuters poll found on Thursday. The 27 economists in the poll suggested growth in SA would accelerate to 1.1% this year and 1.6% next year. The South African Reserve Bank (SARB) estimated GDP expanded 0.4% last year. read more
SA SMEs can expect light in 2017 after dark 2016 tunnel

SA SMEs can expect light in 2017 after dark 2016 tunnel

23/01/2017 - 12:32
Business Partners Limited outlook for SMEs in 2017 read more
Consumer confidence plummets in fourth quarter as household income stalls

Consumer confidence plummets in fourth quarter as household income stalls

19/01/2017 - 14:38
The FNB/BER Consumer Confidence Index (CCI) slumped to -10 in the fourth quarter of 2016. read more
Ten reasons why consumers are more demanding

Ten reasons why consumers are more demanding

19/01/2017 - 09:58
Cape Town - Consumers are now more demanding of products, services, and brands than ever before, according to a new report by Euromonitor International. read more
Consumer inflation picks up pace

Consumer inflation picks up pace

18/01/2017 - 10:46
Consumer inflation moved further outside the Reserve Bank’s 3%-6% target range in December. read more
A surplus of maize in 2017 is good news for regional food security

A surplus of maize in 2017 is good news for regional food security

16/01/2017 - 08:39
After last year’s drought-induced deficit, Grain SA expects a maize surplus this year, having planted 18% more than in 2016 read more
Price of major food commodities fall for fifth year in a row

Price of major food commodities fall for fifth year in a row

16/01/2017 - 08:15
For the fifth year in a row, prices of major food commodities have declined - some 1.5 percent below their 2015 levels - averaging 161.6 points for the year as a whole. Upward pressure on FAO's Food Price Index from tropical commodities such as sugar and palm oil, where El Niño had an impact on production, was offset by bumper harvest and prospects for staple cereals. The Index averaged nearly 172 points in December, unchanged from November. read more
Manufacturing sector produces a positive surprise

Manufacturing sector produces a positive surprise

13/01/2017 - 11:13
Manufacturing production rose 1.9% in November from a year earlier, offering a glimmer of good news for the economy’s growth prospects for the fourth quarter. read more
Low poultry duty on EU ‘will decimate jobs in SA’

Low poultry duty on EU ‘will decimate jobs in SA’

11/01/2017 - 11:08
Poultry stakeholders demand a tariff of up to 40%, saying the new 13.9% safeguard duty is ‘hopelessly inadequate’ read more
Festive season flop for retail shops

Festive season flop for retail shops

10/01/2017 - 11:42
Cape Town - Thousands of jobs are in limbo in the retail industry following what the Cape Chamber of Commerce and Industry has described as an underwhelming festive season for traditional retailers who have been hit hard by a struggling economy. read more
Retail sales growth expected to underperform economic growth

Retail sales growth expected to underperform economic growth

09/01/2017 - 08:37
This year could prove to be a tough year for retailers, with real retail sales growth expected to underperform economic growth. Retail sales growth tends to be more cyclical than overall economic growth, outperforming the latter in good times, but often underperforming economic growth in tougher times. read more
Retail sales contract in October after September increase

Retail sales contract in October after September increase

15/12/2016 - 10:18
Retail trade sales contracted unexpectedly in October, following a surprise increase in September. read more
Consumer inflation ticks up, food prices still rising fast

Consumer inflation ticks up, food prices still rising fast

14/12/2016 - 15:07
Consumer inflation ticked up slightly as expected in November, remaining firmly outside the Reserve Bank’s 3%-6% target range.  read more
Investment breeze shifts in SA’s favour

Investment breeze shifts in SA’s favour

13/12/2016 - 15:34
Foreign direct investment into SA has declined steadily this year, but so has outward investment by local companies expanding offshore. read more
UK reassures SA on post-Brexit ties

UK reassures SA on post-Brexit ties

09/12/2016 - 15:02
Chancellor of the Exchequer Philip Hammond wants EU-grade trade and investment pacts with SA read more
Blow for GDP as manufacturing joins mining in October fall

Blow for GDP as manufacturing joins mining in October fall

09/12/2016 - 14:30
The volume of goods produced by South African factories fell 2.7% in October from the same month in 2015, Statistics SA reported on Thursday. read more
Consumers more cheerful in the third quarter

Consumers more cheerful in the third quarter

09/12/2016 - 12:22
South African consumers cheered up a bit in the third quarter, but remained pessimistic, according to a recently released poll. read more
Falling exports take their toll on SA’s current account deficit

Falling exports take their toll on SA’s current account deficit

09/12/2016 - 12:07
SA’s current account deficit widened more than expected in the third quarter, as the value and volume of exports fell amid weaker output data from the productive sectors of the economy. read more
SA consumers 'holding back' on big purchases

SA consumers 'holding back' on big purchases

08/12/2016 - 14:46
Johannesburg – Consumers do not believe now is a good time to be buying durable goods, such as cars, furniture, and appliances.  read more
Analysts say pain will go on for general retailers

Analysts say pain will go on for general retailers

07/12/2016 - 10:31
General retailers are likely to end the year with a whimper, having taken some bruising hits during 2016. Furthermore, there is little evidence to indicate that the new year will bring good news as the ills plaguing the retailers would not have materially changed by 2017. read more
Potential health benefit of taxing sugared drinks is overstated, economist says

Potential health benefit of taxing sugared drinks is overstated, economist says

07/12/2016 - 08:52
Reducing the energy content of sugar-sweetened drinks would be a more effective way to combat obesity than implementing a sugar tax, according to research commissioned by beverage industry association BevSA. read more
 SA to import GM maize for first time from US

SA to import GM maize for first time from US

06/12/2016 - 12:25
Johannesburg - The government has approved imports of genetically modified maize from the US for the first time as the country seeks to bring in the grain after its worst drought since records began 104 years ago. read more
Experts remain pessimistic about manufacturing

Experts remain pessimistic about manufacturing

05/12/2016 - 10:01
Manufacturing production is unlikely to contribute meaningfully to economic growth this quarter read more
Consumers must pay the price they see - Commission

Consumers must pay the price they see - Commission

01/12/2016 - 11:06
Cape Town - The National Consumer Commission announced on Wednesday that it is embarking on a campaign to raise awareness about consumers’ rights when it comes to the display of prices. read more
 Bird flu epidemic raises chicken import concerns

Bird flu epidemic raises chicken import concerns

01/12/2016 - 09:37
Leading African food producer RCL FOODS and the Food and Allied Workers Union (FAWU) have welcomed the South African government’s response in joining several other countries in banning German chicken. This follows in the wake of a warning by the World Organisation for Animal Health (OIE) that further outbreaks of a severe strain of bird flu might occur. Japan, Hong Kong, South Korea, Bosnia and Herzegovina have taken similar preventive measures. read more
Retailers make inroads into the African market

Retailers make inroads into the African market

01/12/2016 - 09:17
While African economies have suffered some setbacks as a result of a weakened global economy, the continent is still attractive in the long term. read more
Another positive surprise in SA’s trade performance

Another positive surprise in SA’s trade performance

01/12/2016 - 09:12
SA’s trade balance swung back into deficit as expected in October, after September’s surprise surplus. read more
Another ratings reprieve for SA could be in store - economist

Another ratings reprieve for SA could be in store - economist

28/11/2016 - 13:48
Cape Town – South Africa is likely to receive a reprieve from ratings agency Standard & Poor’s (S&P) on Friday 2 December, said Old Mutual Investment Group economist Rian le Roux.  read more
Good news and bad for local poultry industry

Good news and bad for local poultry industry

28/11/2016 - 09:16
The good news for the poultry industry is that the worst of the drought is over. The not-so-good news is that the full benefits may take another six months to materialise.  read more
What goes into SA’s year-end credit report

What goes into SA’s year-end credit report

25/11/2016 - 15:46
Two of the world’s major ratings agencies, Moody’s and S&P Global Ratings, will release their credit ratings reviews of SA shortly. The third one, Fitch Ratings, is expected to release its soon, although no date has been given. The Conversation Africa’s Charles Leonard asked Mampho Modise, a postgraduate researcher at the University of Pretoria, to explain the significance of the credit reviews. read more
Consumers more upbeat, but worry over SA economy

Consumers more upbeat, but worry over SA economy

23/11/2016 - 14:56
Johannesburg – Research by Nielsen shows that South African consumers are most concerned about the state of the economy, but despite this, consumer confidence has improved since the second quarter.  read more
Consumer inflation speeds up

Consumer inflation speeds up

23/11/2016 - 10:53
Consumer inflation moved further outside the Reserve Bank’s 3%-6% target range in October, as some economists had expected. read more
2016 a particularly disruptive year for entrepreneurial landscape

2016 a particularly disruptive year for entrepreneurial landscape

21/11/2016 - 10:37
Many local entrepreneurial businesses have the potential to thrive under pressure. However, in the midst of a volatile economy small and medium enterprises (SMEs) do require a particular level of certainty to flourish and implement growth strategies.  read more
Consumers give in to small luxuries

Consumers give in to small luxuries

21/11/2016 - 08:45
Consumers may be staying away from budget-breaking spending on clothing and furniture, but they are indulging in small luxuries, retail data from Statistics SA show. read more
The evolution of CSI - for the better of communities and the economy

The evolution of CSI - for the better of communities and the economy

18/11/2016 - 13:40
By employing dedicated Corporate Social Investment (CSI) departments, that do concise and researched CSI planning, corporates can have a bigger and better impact on the communities they support to ‘effectively’ uplift people from the ground to the boardroom, says Glenda Mansfield, CMO of Marketing CSI South Africa.  read more
Good news from retail sector, as sales come in better than expected

Good news from retail sector, as sales come in better than expected

16/11/2016 - 16:57
Retail sales rose a better than expected 1.4% in September compared with a year earlier, showing the sector remained under strain but picking up from the 0.2% increase reported last month for August. read more
Fine-tuning of credit rules on the cards

Fine-tuning of credit rules on the cards

15/11/2016 - 09:22
National Credit Regulator submits changes to affordability assessment regulations  read more
Tongaat Hulett reports revenue rise amid sugar price hike

Tongaat Hulett reports revenue rise amid sugar price hike

15/11/2016 - 09:07
Cape Town - Tongaat Hulett on Monday announced a revenue rise of 11.7% to R8.503bn in its interim results for the six months to end-September 2016, compared to R7.609bn in the previous comparable period. read more
Blanket of gloom over retail

Blanket of gloom over retail

14/11/2016 - 10:01
A grim trading update from Woolworths on Friday dealt a hefty blow to already weak investor sentiment towards the retail sector. read more
What Trump in the White House means for the South African mining industry

What Trump in the White House means for the South African mining industry

11/11/2016 - 10:24
America woke up on the morning of 9 November 2016 to the reality that Donald Trump will be its next President. In the wake of this, world markets instantaneously reflected the uncertainty that surrounds Trump’s economic and geopolitical views. Most world currencies, including the Rand, weakened overnight.  read more
Agro-processing incentives to boost jobs and economy

Agro-processing incentives to boost jobs and economy

11/11/2016 - 09:28
The Department of Trade and Industry is working on creating a dedicated agro-processing incentive scheme to attract investment in the sector. read more
Trump presidency could usher in import tariff hike for SA

Trump presidency could usher in import tariff hike for SA

09/11/2016 - 11:21
Cape Town - A Donald Trump presidency could see an extra 15% import tariff slapped onto South African goods landing in the US, an economist said. read more
SA’s gross reserves rise in October

SA’s gross reserves rise in October

07/11/2016 - 09:37
SA’s gross reserves rose $601m to $47.8bn in October, from $47.2bn in September, according to data from the South African Reserve Bank. read more
 Fruit SA makes inroads in China

Fruit SA makes inroads in China

04/11/2016 - 11:26
Beijing - On October 31 the vice chair of Fruit South Africa (Fruit SA) Willem Bestbier signed a Memorandum of Understanding with his counterpart, the vice chair of the Chinese Quarantine and Inspection Association (CIQA) Wang Xin aimed at strengthening collaboration to ensure market access for fruit between South Africa and the People's Republic of China. read more
SA’s factory owners express record pessimism

SA’s factory owners express record pessimism

04/11/2016 - 08:35
SA’s factory owners showed their biggest swing into pessimism on record in October, the Barclays-sponsored purchasing managers index (PMI) released on Tuesday showed. read more
LEAKED: Coca-Cola's global sugar tax warfare

LEAKED: Coca-Cola's global sugar tax warfare

02/11/2016 - 15:23
Cape Town - The Coca-Cola Company is sitting tight after alleged leaked emails exposed the corporate giant's worldwide war against sugar taxes on cold drinks, which is also on the cards for South Africa. read more
Rand rallies to three-week highs ahead of NPA briefing

Rand rallies to three-week highs ahead of NPA briefing

31/10/2016 - 11:04
The rand strengthened to its best level against the dollar in three weeks on Monday morning as speculation mounted that fraud charges against Finance Minister Pravin Gordhan could be withdrawn. read more
SA's weak growth a stumbling block to reducing debt

SA's weak growth a stumbling block to reducing debt

31/10/2016 - 09:02
Cape Town – South Africa’s poor economic performance is the biggest impediment to stabilising its debt situation, said ratings agency Fitch in a company note.  read more
South Africans to pay more tax next year

South Africans to pay more tax next year

28/10/2016 - 10:05
Cape Town – South Africans will pay more tax next year.  read more
Foreigners offload R100bn in local stock

Foreigners offload R100bn in local stock

26/10/2016 - 15:09
Foreign investors have sold nearly R100bn worth of South African equities in 2016 on a net basis, even as the country’s bond market attracted R62bn from foreigners in the same period, according to JSE data. read more
Rand stable ahead of Pravin Gordhan’s speech

Rand stable ahead of Pravin Gordhan’s speech

26/10/2016 - 14:44
The rand was range-bound against the dollar at midday on Wednesday ahead of the medium-term budget policy statement that Finance Minister Pravin Gordhan will deliver in Parliament later in the afternoon. read more
UK consumers binge on borrowing after BoE rate cut

UK consumers binge on borrowing after BoE rate cut

26/10/2016 - 12:08
London - UK consumer credit is rising at the fastest pace in a decade and the Bank of England’s interest-rate cut is fueling borrowing, according to the British Bankers Association. read more
South African economy needs more entrepreneurs

South African economy needs more entrepreneurs

24/10/2016 - 15:40
The World Bank suggests that (formal) small and medium enterprises contribute up to 45% of total employment and a third of national income in emerging economies but in South Africa, only 7% of South Africa's adult population is involved in running their own business. This is low even when compared to other sub-Saharan African countries, where the rate of entrepreneurial activity is nearly four times higher. read more
Rising prices help buffer automotive sector as unit sales plunge 13%

Rising prices help buffer automotive sector as unit sales plunge 13%

24/10/2016 - 15:06
RISING new-vehicle prices cushioned a 13% crash in units sold to a 2.3% drop in sales value, according to Statistics SA’s motor industry trade data released on Thursday. read more