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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
Franchising sector ready to lend a hand

Franchising sector ready to lend a hand

08/03/2018 - 10:09
The SONA speech by President Cyril Ramaphosa and his commitment to supporting small business and entrepreneurship has been welcomed by Tony Da Fonseca, the Franchise Association of South Africa’s Chairman, who in 2017 had already met with the chairperson of the Parliamentary Portfolio Committee for Trade & Industry to pave the way for greater co-operation between government and the franchise sector.  read more
Drought knocks potato‚ onion and fruit production

Drought knocks potato‚ onion and fruit production

07/03/2018 - 15:34
Research conducted into the economic impact of the drought on agriculture has revealed that the sector will take a higher than anticipated economic knock‚ says Western Cape minister of economic opportunities‚ Alan Winde. read more
Resurgent retailers sprint into Top 40

Resurgent retailers sprint into Top 40

06/03/2018 - 12:43
Retail stocks are once again making their presence felt on the JSE, having gained substantially on the momentum created by Cyril Ramaphosa’s ascent to the presidency. read more
After vocal protests against VAT hike, more foods could be zero-rated to help poor

After vocal protests against VAT hike, more foods could be zero-rated to help poor

05/03/2018 - 19:20
The Cabinet is considering expanding the list of zero-rated foodstuffs under value-added tax (VAT) in order to mitigate the effect on the poor of the one percentage point increase in the VAT rate, announced in the budget. read more
Cape merger to create agriculture powerhouse

Cape merger to create agriculture powerhouse

02/03/2018 - 10:13
A new agribusiness powerhouse is heading for listing on the JSE after proposals by Western Cape-based Overberg Agri and Acorn Agri to merge. read more
PPI moderates slightly in January

PPI moderates slightly in January

01/03/2018 - 10:25
Farm and factory gate inflation, as measured by the annual change in the producer price index (PPI), decelerated slightly to 5.1% in January from 5.2% in December. read more
Maize harvest forecast to drop 27% in 2018

Maize harvest forecast to drop 27% in 2018

28/02/2018 - 13:32
Farmers are likely to harvest a smaller maize crop in 2018, thanks to lower grain prices that came as a result of a bumper harvest in 2017. read more
Pro retailers adopt new tech to buck the hammered economy

Pro retailers adopt new tech to buck the hammered economy

27/02/2018 - 14:47
South African retailers have embraced a considered approach to digitalisation, innovation, and technology adoption to load their arsenal against the fiscal onslaught of a wounded economy.  read more
Higher growth projected for SA economy

Higher growth projected for SA economy

27/02/2018 - 09:59
With an improved economic outlook, South Africa’s Gross Domestic Product (GDP) is projected to come in at 1% in 2018, up from the 0.7% projected last year, said Finance Minister Malusi Gigaba. read more
Why analysts expect a rate cut in March

Why analysts expect a rate cut in March

27/02/2018 - 08:55
Economists are in agreement that an interest rate cut is almost a certainty, citing lower inflation, a stronger currency, and greater political certainty.  read more
SA food and non-alcoholic price inflation decelerates

SA food and non-alcoholic price inflation decelerates

22/02/2018 - 15:00
Food and non-alcoholic beverages inflation has been on a downward trend since mid-2017, following a robust output from the agricultural sector. In January 2018, food inflation further decelerated to 4.5% year-on-year (y/y), which is the lowest level in more than two years. With that said, the food basket remains mixed.  read more
Ramaphosa's 10-point plan to revive SA's economy

Ramaphosa's 10-point plan to revive SA's economy

21/02/2018 - 09:02
President Cyril Ramaphosa unveiled the recovery plan to set South Africa on a new growth path, which involves forming a social pact with different social partners. read more
The drought will slow growth, warns Kaap Agri boss

The drought will slow growth, warns Kaap Agri boss

20/02/2018 - 13:54
Agriservices specialist Kaap Agri — which has a strong retail offering — expects prolonged drought conditions in certain farming areas of the Western Cape to slow earnings growth in the first half of the financial year to end September 2018. read more
How Small Businesses are gearing up to survive the drought

How Small Businesses are gearing up to survive the drought

15/02/2018 - 16:43
Nationally small businesses are now being advised to prepare for future water scarcity. With small to medium sized businesses contributing over 65% of South Africa’s employment and 50% of the country’s GDP, their survival is essential to the economy.  read more
Cherries show export potential for the Western Cape

Cherries show export potential for the Western Cape

15/02/2018 - 09:19
Once a very small-volumed crop in the Western Cape, cherries have more than quadrupled their export market share over the last four years and continue to show excellent potential as an alternative crop. read more
SA's bulk exports rise almost 90% to record in January

SA's bulk exports rise almost 90% to record in January

13/02/2018 - 08:37
SA’s bulk export volumes shot up 88.8% year on year in January 2018 to a record 25.4-million tonnes, data from the Transnet National Ports Authority (TNPA) showed. read more
Rain boosts kiwi harvest

Rain boosts kiwi harvest

12/02/2018 - 10:55
South Africa is dealing with a lot of drought-stricken regions but there is some good news. In the Natal Midlands of KwaZulu-Natal, there are farmers who say they’re having a fantastic rainy season, even if this January has been a bit on the dry side. read more
Retail spending up in December on stronger rand, says Mastercard

Retail spending up in December on stronger rand, says Mastercard

12/02/2018 - 09:56
Retail spending grew 3.8% in December on the back of the stronger rand and lower inflation, according to Mastercard. read more
December manufacturing output up 2%

December manufacturing output up 2%

08/02/2018 - 15:54
Manufacturing production grew 2% in December, matching economists’ consensus. This marked an acceleration from November’s 1.7%, Statistics SA reported. read more
Water crisis threatens not only Cape, but SA economy

Water crisis threatens not only Cape, but SA economy

08/02/2018 - 10:16
Cape Town’s water crisis is likely to have far-reaching consequences, not only on the local economy but on the national GDP. The water crisis threatens further downgrades from ratings agencies, hampering much-needed investment, economists have warned. read more
Business confidence hits 2.5 year high in January

Business confidence hits 2.5 year high in January

06/02/2018 - 13:31
The SA Chamber of Commerce and Industry says there is the expectation that the new ANC leadership will lead to more pragmatic business and economic policy options. read more
Poultry body backs march over 'unsafe' poultry imports

Poultry body backs march over 'unsafe' poultry imports

05/02/2018 - 13:34
A single bag of frozen chicken can consist of pieces from as many as five different countries, which is not only confusing for consumers but can have serious health implications. read more
Slowdown in food inflation set to ease burden

Slowdown in food inflation set to ease burden

05/02/2018 - 11:12
Average middle-income earners spend 28% of their salary on food, so the stable inflation environment will bring much-needed relief at the till, say, economists, who have noted slight improvements in the prices of staples such as bread and cereal. read more
Cape farmers lose R14bn as drought bites

Cape farmers lose R14bn as drought bites

05/02/2018 - 08:32
Western Cape farmers have recorded R14bn in losses so far, as a result of the crippling drought in the province, according to Agri Western Cape CEO Carl Opperman.  read more
SA consumers mark longest pessimistic streak in more than three decades

SA consumers mark longest pessimistic streak in more than three decades

31/01/2018 - 11:59
South African consumers have remained pessimistic for the past three years, a First National Bank sponsored survey released on Wednesday morning showed. read more
SA food price inflation slows 4.9%

SA food price inflation slows 4.9%

31/01/2018 - 10:40
"Food inflation for December 2017 was in line with our expectation at 4.9% Y/Y, from 5.2% in November 2017. This is reflective of the current lower agricultural commodity prices, which in turn, have been pressured by a large harvest from the 2016/17 production season. We expect this trend to persist in the short term cushioned by the relatively large stock from the previous season, despite the fears of dryness in the western parts of the country" - Wandile Sihlobo, Agbiz Head: Agribusiness Intelligence  read more
SA at risk of economic downgrade as Day Zero approaches

SA at risk of economic downgrade as Day Zero approaches

30/01/2018 - 15:43
Because the economy will suffer, we run the risk of a downgrade from the ratings agencies. read more
Boost for blueberry industry

Boost for blueberry industry

29/01/2018 - 16:51
Migiva Group and OZblu have signed a joint venture agreement combining their skills and strengths to form OZblu America, which will bring to market what they call a superior blueberry offering. read more
South African steel production rises 2.6% in 2017 to 6.3-million tonnes

South African steel production rises 2.6% in 2017 to 6.3-million tonnes

26/01/2018 - 14:03
South African steel production rose by 2.6% in 2017 to an estimated 6.301-million tonnes after falling by 4.2% in 2016, according to the World Steel Association. read more
Possible exportable surpluses for SA maize

Possible exportable surpluses for SA maize

25/01/2018 - 09:45
The record 2017/18 marketing season is something of the past and the focus is now on the season ahead. Initially, before the optimal planting window for summer crops commenced in most parts of the country, widespread rain occurred, and it seemed as if it would again be a top season. However, the season took a different turn and the rain remained elusive for long periods, which delayed the planting process.  read more
Consumer inflation stabilises despite leap in fuel prices

Consumer inflation stabilises despite leap in fuel prices

24/01/2018 - 13:19
Consumer inflation edged up as expected in December, as a hefty fuel price increase of 70c a litre took a chunk out of consumers’ wallets but was counterbalanced by lower inflation elsewhere, including food.  read more
Drought challenges fruit industry

Drought challenges fruit industry

22/01/2018 - 11:12
Western Cape fruit farmers and rural communities are under tremendous socio-economic pressure due to the crippling drought, according to the deciduous fruit industry organisation, Hortgro.  read more
Clothing sector to unzip retail sales growth

Clothing sector to unzip retail sales growth

22/01/2018 - 10:14
Analysts are upbeat about the clothing-retail sector’s outlook for 2018 even though some struggled to lift volumes significantly on Black Friday and during the festive season. read more
The Block&Coin Summit - heralding the new economy in Africa

The Block&Coin Summit - heralding the new economy in Africa

18/01/2018 - 13:16
The recent roller-coaster bitcoin price has moved the topic of cryptocurrencies and the blockchain from geeky chat rooms to boardrooms and dining room tables.  read more