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Retail sales beat expectations in February

Retail sales beat expectations in February

19/04/2019 - 12:39
SA shoppers spent more than expected in February, with retail sales growing 1.1% year on year, led by expenditure in the textiles, footwear and clothing sector. read more
Chicken prices may spike by up to 32% due to tariff increases, says importers

Chicken prices may spike by up to 32% due to tariff increases, says importers

18/04/2019 - 09:22
Increasing tariffs on imported poultry products could hike chicken prices by up to 32%, says consumer bodies and importers and exporters organisation. read more
Inflation accelerates in March after painful fuel price increase

Inflation accelerates in March after painful fuel price increase

17/04/2019 - 13:29
Another fuel price hike in March led to inflation hitting the midpoint of the Reserve Bank’s 3%-6% target range.  read more
Moody’s expects SA confidence to rise after elections

Moody’s expects SA confidence to rise after elections

17/04/2019 - 09:13
SA is expected to see a surge in confidence following the elections in May, as the current administration under President Cyril Ramaphosa is continuing to gradually move forward with the implementation of its reform agenda, Moody’s Investors Service said. read more
SA dairy exports doing well

SA dairy exports doing well

16/04/2019 - 15:42
Dairy imports for February were 4 110 tons at a cost of R172 million. South Africa imported mainly from France (28%) New Zealand (28%), Germany (13%), Poland (8%) and Ireland (4%). Dairy imports for this year are low compared to last year, largely due to limited UHT imports. The main dairy products imported in February were whey (34%), milk powder (22%) and cheese (18%). UHT as a percentage of total imports was less than 1%.  read more
Motorists should brace for another petrol shock

Motorists should brace for another petrol shock

16/04/2019 - 08:20
Unexpectedly strong international fuel prices have raised the likelihood of an unwelcome fuel price hike for petrol users in May.  read more
Manufacturing growth remains tepid in February

Manufacturing growth remains tepid in February

12/04/2019 - 09:24
Manufacturing production grew 0.6% in February after the sector saw subdued growth of 0.3% in January. This was slightly above the Bloomberg consensus of 0.5%.  read more
SA makes its mark in fisheries economy

SA makes its mark in fisheries economy

10/04/2019 - 11:11
South Africa is no longer a spectator country in the business of the ocean and fisheries economy, says Minister of Agriculture Forestry and Fisheries Senzeni Zokwana. read more
Exports to Brazil take off over South American trade deal

Exports to Brazil take off over South American trade deal

10/04/2019 - 11:03
The ratification of trade agreements between the Southern African Customs Union (Sacu) and the Southern Common Market (Mercosur), a South American trade bloc, has been a key driver of the increase in exports to Brazil.  read more
SA is experiencing net equity outflows

SA is experiencing net equity outflows

09/04/2019 - 10:05
The Institute of International Finance (IIF) said that its daily tracker showed South Africa experienced net outflows of non-resident portfolio equity in the first quarter while debt flows recovered only modestly.  read more
No more load-shedding - Eskom's plan

No more load-shedding - Eskom's plan

04/04/2019 - 11:33
Gordhan said Eskom’s goal is to ensure there will be no load-shedding from 3rd April 2019 – but admitted there is a lot of hard work ahead for the company.  read more
Petrol price shock - April will be tough for SA

Petrol price shock - April will be tough for SA

02/04/2019 - 11:09
April will be a difficult month for South Africa with a slew of price hikes expected to take a punishing toll on consumers and the ailing economy. read more
News not all bad for food prices

News not all bad for food prices

01/04/2019 - 14:51
Rising fuel and electricity prices and a weaker rand could feed into higher food inflation, but economists expect the uptick to be relatively moderate. read more
Producer inflation rises slightly faster than expected in February

Producer inflation rises slightly faster than expected in February

29/03/2019 - 10:38
Rising fuel costs pushed producer inflation upwards in February, snapping a two-month streak of moderating pressure on prices. read more
2019 Wine grape harvest may be smaller

2019 Wine grape harvest may be smaller

27/03/2019 - 10:20
With close to two-thirds of this season’s wine grape harvest already in cellars, the most recent estimate indicates that the harvest may be somewhat smaller than the previous year.  read more
Agriculture's important contribution to SA economy

Agriculture's important contribution to SA economy

26/03/2019 - 10:17
The South African agricultural industry might be seen by some as simply another role player in the economy, but our farmers cannot be thanked enough for the absolutely necessary work they are doing. read more
 Load shedding threatens jobs, economic recovery, says consumer body

Load shedding threatens jobs, economic recovery, says consumer body

22/03/2019 - 13:31
Load shedding, which has been escalated to Stage 4, is posing a significant risk to economic recovery, the Consumer Goods Council of South Africa said in a statement, as rotational blackouts continued to grip the country. read more
Retail sales recover in January after dismal December figures

Retail sales recover in January after dismal December figures

22/03/2019 - 09:23
Retail spending showed signs of recovery in January, growing 1.2% on an annualised basis, slightly faster than analysts had expected. read more
SA beef export market reopens to the Middle East

SA beef export market reopens to the Middle East

22/03/2019 - 08:23
The recently held Gulfood Trade Show 2019, which took place at the Dubai World Trade Centre, saw the reopening of beef trade between South Africa and the Middle East. read more
Business counts cost as Eskom battles power shortages

Business counts cost as Eskom battles power shortages

20/03/2019 - 09:14
State utility Eskom will make more power cuts this week as it struggles with capacity shortages that threaten to stymie President Cyril Ramaphosa’s efforts to boost investments and economic growth. read more
SA meat price inflation to remain subdued due to foot-and-mouth outbreak

SA meat price inflation to remain subdued due to foot-and-mouth outbreak

19/03/2019 - 11:27
SA’s meat price inflation could remain subdued in 2019 as a ban in exports could increase local supplies, according to the Agriculture Business Chamber (Agbiz), an organisation that represents commercial farmers and agribusiness. read more
Manufacturing growth far lower than expected

Manufacturing growth far lower than expected

14/03/2019 - 15:46
The manufacturing sector saw tepid growth at the start of 2019. read more
Rise in electricity tariff could spike inflation, says Reserve Bank

Rise in electricity tariff could spike inflation, says Reserve Bank

14/03/2019 - 09:08
SA’s electricity tariff increases could push the inflation rate up by 0.75 percentage point, Reserve Bank deputy governor Kuben Naidoo said.  read more
SA business confidence falls to almost two-year low

SA business confidence falls to almost two-year low

13/03/2019 - 12:29
South African business confidence fell to the lowest level in almost two years in the first quarter, with more than two-thirds of respondents dissatisfied with current conditions.  read more
SA, Zim discussing state-guaranteed bank loan

SA, Zim discussing state-guaranteed bank loan

13/03/2019 - 11:49
South Africa is considering more loans to Zimbabwe, including state-guaranteed funding from banks to support its northern neighbour’s cash-strapped private sector. read more
Better than expected current-account deficit surprises analysts

Better than expected current-account deficit surprises analysts

13/03/2019 - 09:04
SA’s current-account deficit narrowed more than expected on a wider trade surplus in the fourth quarter. read more
Global economic slowdown and trade war hit risk appetite

Global economic slowdown and trade war hit risk appetite

12/03/2019 - 11:18
More and more evidence that the global economy is turning for the worst and the more aggressive stance of the US on trade tariffs against China had led to a sudden turn-around in risk appetite across the globe. read more
More pain for consumers as food prices, farmers to be affected by electricity hike

More pain for consumers as food prices, farmers to be affected by electricity hike

11/03/2019 - 08:55
Consumers are likely to be hit hard by rising food costs after Eskom was granted above-inflation price increases by the energy regulator for the next three years, according to FNB.  read more
Retail sales contract by 1.4%

Retail sales contract by 1.4%

06/03/2019 - 11:15
Retail sales for December 2018 contracted by 1.4% year on year, from a downwardly revised 2.9% year on year in November (previously 3.1%).  read more
GDP growth for 2018 slightly higher than expectations

GDP growth for 2018 slightly higher than expectations

05/03/2019 - 14:29
SA emerged out of 2018 with growth of 0.8% — which is slightly higher than expectations. read more
The financial burden that could still await SA’s poor

The financial burden that could still await SA’s poor

05/03/2019 - 10:52
While it seems as though South Africa’s lower economic classes have been given some relief in the 2019 Budget Speech, there may still be one more development in the pipeline that could weigh heavily on the poor.  read more
Producer inflation slows more than expected

Producer inflation slows more than expected

01/03/2019 - 12:06
Another substantial drop in fuel prices in January translated into a far sharper slowdown in producer inflation than economists had expected for a second consecutive month. read more
January 'dismal' as SA's lengthy slump continues

January 'dismal' as SA's lengthy slump continues

27/02/2019 - 08:50
There are indications that the downswing phase in the SA business cycle has entered its 61st month in January - making it nine months longer than the previous slump. read more
Food security low on the national agenda

Food security low on the national agenda

26/02/2019 - 14:27
According to the latest available research, 54% of South African households still experience hunger or the risk of hunger. This means that the people living in more than half of South African households do not have enough to eat or are not sure where their next meal is coming from. read more
Informal sector vital part of SA’s economy

Informal sector vital part of SA’s economy

26/02/2019 - 08:41
South Africa’s informal business sector serves a burgeoning consumer market worth more than R100billion in the country’s rural areas, townships and cities, presenting opportunities for corporates and traditional small businesses.  read more
SA will have to produce 50% more food by 2050 or face crisis

SA will have to produce 50% more food by 2050 or face crisis

20/02/2019 - 11:18
South Africa faces an impending food security crisis if there isn't urgent action to correct unsustainable practices, says an environmental organisation. read more
SA limped out of 2018 with growth below 1%

SA limped out of 2018 with growth below 1%

19/02/2019 - 14:20
SA will have limped out of 2018 with growth of below 1%.  read more
Eskom's woes could impact economic growth, with small businesses the hardest hit

Eskom's woes could impact economic growth, with small businesses the hardest hit

18/02/2019 - 11:32
There are warnings that continued load shedding will hamper South Africa’s economic growth, projected to modestly improve in 2019.  read more
Consumer spending rises in December 2018

Consumer spending rises in December 2018

16/02/2019 - 20:48
Consumer spend over the traditional holiday period in December reflected a year-on-year increase, according to BankservAfrica’s data which measured the value and volume of sales in December. read more
Latest retail sales figures show disappointing trend

Latest retail sales figures show disappointing trend

15/02/2019 - 10:01
Available economic activity data has shown that the economy ended last year on a weaker footing, with December retail sales figures being the latest to disappoint, declining for the first time in nearly two years.  read more
Mastercard Index: Love and pockets run deep in South Africa as Valentine’s Day spend soars

Mastercard Index: Love and pockets run deep in South Africa as Valentine’s Day spend soars

14/02/2019 - 10:07
According to the latest Mastercard Love Index, South Africans are willing to dig deeper into their pockets to spoil the ones they love on Valentine’s Day, splashing out on experiences like dining out and travel rather than on traditional gifts.  read more
Minuscule manufacturing growth in December, but outlook is positive

Minuscule manufacturing growth in December, but outlook is positive

12/02/2019 - 16:42
While manufacturing was subdued in December, the sector will give growth a slight boost in 2018, data from Statistics SA showed. read more
Western Cape has high hopes for marijuana market

Western Cape has high hopes for marijuana market

11/02/2019 - 10:32
The Western Cape believes the medical cannabis market has significant potential to boost the local economy and is moving fast to position itself as the country’s main hub for this new industry. read more
Cape wine production set to be low after 3-year drought

Cape wine production set to be low after 3-year drought

07/02/2019 - 19:19
The Cape's three-year drought has taken its toll on the wine industry and early indications are that this year's harvest will be even lower than the poor 2018 harvest. read more
Nigeria set to overtake SA as largest maize producer in sub-Saharan Africa

Nigeria set to overtake SA as largest maize producer in sub-Saharan Africa

07/02/2019 - 10:15
Nigeria is poised to overtake South Africa and become the largest maize producer in sub-Saharan Africa (SSA) in the 2018/19 production season, according to Wandile Sihlobo, an agricultural economist at the Agricultural Business Chamber (Agbiz) of SA. read more
SA could have major advantage with renewable energy, say experts

SA could have major advantage with renewable energy, say experts

06/02/2019 - 09:01
South Africa has a competitive advantage in renewable energy and could become a major destination for electricity-intensive industries once the wind and solar sector is ramped up. read more
Bans on some SA meat products relaxed after foot and mouth outbreak in Limpopo

Bans on some SA meat products relaxed after foot and mouth outbreak in Limpopo

04/02/2019 - 15:10
Restrictions on the export of South African processed meat products have been relaxed by some trade partners who halted imports following the outbreak of foot and mouth disease in Limpopo, the department of Agriculture, Forestry and Fisheries said. read more
The 7 factors that will shape SA's economy in 2030

The 7 factors that will shape SA's economy in 2030

01/02/2019 - 15:31
What will South Africa's economy look like in 10 years' time?  read more
Alcohol, clothes set to boost online retail sales to R20bn

Alcohol, clothes set to boost online retail sales to R20bn

01/02/2019 - 08:37
Retail sales in South Africa are expected to reach R20 billion in 2020 on the back of a surge in online sales of apparels, alcohol and tobacco products. read more
SA plants smallest maize area since worst drought

SA plants smallest maize area since worst drought

30/01/2019 - 11:57
South African maize farmers, who historically produce the continent’s biggest harvest, have probably planted the smallest area with the grain since the worst drought on record three years ago. read more
Consumers optimistic about SA economy, household finances

Consumers optimistic about SA economy, household finances

29/01/2019 - 14:51
Consumers are fairly optimistic that the outlook of the SA economy and their household finances will improve over the next 12 months, the FNB/BER Consumer Index has revealed.  read more
Value of wine exports up despite drought in Western Cape

Value of wine exports up despite drought in Western Cape

28/01/2019 - 09:41
The value of wine exports grew by 4% in 2018, despite a difficult season and a long-term trend of producers dwindling. read more
Consumer confidence remains flat but things might be looking up

Consumer confidence remains flat but things might be looking up

24/01/2019 - 13:27
Consumer confidence remained at its 2018 low of 7 in the fourth quarter of 2018. read more
What Zimbabwe’s problems mean for South Africa’s economy

What Zimbabwe’s problems mean for South Africa’s economy

23/01/2019 - 11:35
Concerns were raised on Monday (21 January) after South African finance minister, Tito Mboweni, indicated that he was in talks to help bail out Zimbabwe.  read more
Inflation falls to 4.5% for December

Inflation falls to 4.5% for December

23/01/2019 - 10:04
Annual headline consumer price inflation moderated to 4.5% for December, according to Statistics South Africa.  read more
Economic turbulence anticipated for 2019

Economic turbulence anticipated for 2019

21/01/2019 - 10:36
SA will likely experience a slight pick-up in economic activity this year, but its economic problems are too deep-seated and its political constraints too binding to allow for meaningful economic reform and a return to rapid growth any time soon. read more
Black Friday boosts November’s retail sales

Black Friday boosts November’s retail sales

16/01/2019 - 14:12
Consumers came under pressure in 2018, with the first VAT hike in two decades and steep fuel price increases.  read more
Another boost for the manufacturing sector in November

Another boost for the manufacturing sector in November

14/01/2019 - 11:09
Production from SA’s factories continued to improve in the last quarter of 2018, data from Statistics SA (Stats SA) showed.  read more
Retail sector facing subdued operating conditions

Retail sector facing subdued operating conditions

10/01/2019 - 08:44
Despite South Africa exiting the technical recession following growth in the economy in the three months to September, the outlook for the country’s retail sector for 2019 continues to be subdued. read more
Factory owners end 2018 in upbeat mood

Factory owners end 2018 in upbeat mood

09/01/2019 - 14:03
Activity in the manufacturing sector reached its best level in 2018 in December, ending the year on a strong note. read more
SA records trade surplus in November

SA records trade surplus in November

07/01/2019 - 08:43
SA recorded a trade surplus of R3.49bn in November, statistics released by Sars reveal. However, for the 11 months to end-November, there was a trade deficit amounting to R4.16bn, a deterioration on the surplus for the comparable period in 2017, of R62.3bn.  read more
SA food and non-alcoholic beverages inflation unchanged

SA food and non-alcoholic beverages inflation unchanged

20/12/2018 - 15:33
South Africa’s food and non-alcoholic beverages inflation has bottomed out and will begin an upward cycle in the coming months, supported by an increase in agricultural commodities prices. The headline number will probably increase marginally as we expect the uptick in cattle and sheep slaughtering activity to contain meat price inflation at fairly lower levels in the near term which will, in turn, influence the overall increase. read more
The magnetic relationship between news and movement in the forex market

The magnetic relationship between news and movement in the forex market

20/12/2018 - 09:04
Currency value can be affected by a million different news stories during the course of the day - influencing small or significant movements in the forex. News and events are usually centred on either economic, political or banking policy, although there are other ways in which the news can influence and affect both large and small-scale price movements. read more
SA preparing for all Brexit outcomes

SA preparing for all Brexit outcomes

19/12/2018 - 08:05
South Africa's Department of Trade and Industry (dti) is preparing for all eventualities regarding Brexit, says Minister of Trade and Industry Rob Davies.  read more
Farm and factory gate inflation slows slightly

Farm and factory gate inflation slows slightly

14/12/2018 - 09:00
Falling fruit and vegetable prices helped slow producer inflation in November. read more
SA to spend more than R200bn over the festive season

SA to spend more than R200bn over the festive season

13/12/2018 - 09:57
South Africans are set to spend over R200bn this festive season, with an average of nearly R6 000 each, a recent survey has found. read more
Retail sector notches up better than expected growth for October

Retail sector notches up better than expected growth for October

13/12/2018 - 08:11
The retail sector experienced bigger than expected growth at the start of the fourth quarter. read more
Annual manufacturing growth in October beats expectations

Annual manufacturing growth in October beats expectations

11/12/2018 - 20:21
Production from SA’s factories was boosted considerably in October compared with the same month in 2017, Statistics SA reported. read more
Retail sector showing signs of revival

Retail sector showing signs of revival

10/12/2018 - 11:49
A study by the Bureau of Economic Research (BER) has shown that the retail sector showed signs of a revival in the last three months of the year after the sector ran into trouble in the third quarter of the year.  read more
Global unemployment at lowest level in almost 40 years

Global unemployment at lowest level in almost 40 years

10/12/2018 - 09:32
While global unemployment has fallen to its lowest level in almost 40 years, SA is among four countries with an unemployment rate higher than that immediately preceding the 2007/08 global financial crisis. read more
Business confidence remains flat

Business confidence remains flat

06/12/2018 - 13:28
Business confidence remained flat in November. read more
SA out of recession with 2.2% GDP growth

SA out of recession with 2.2% GDP growth

05/12/2018 - 16:42
The SA economy has officially exited the recession after reporting 2.2% GDP growth for the third quarter of the year, Stats SA announced. read more
Agriculture confidence drops to lowest level in nine years

Agriculture confidence drops to lowest level in nine years

04/12/2018 - 13:19
Confidence in the agricultural sector has fallen to the lowest level in nine years on the back of uncertainty around land reform. read more
Green shoots for SA's manufacturing sector

Green shoots for SA's manufacturing sector

04/12/2018 - 10:04
As manufacturing looks set to boost GDP in the third quarter, a survey has showed that factory owners are more upbeat about the sector. read more
Rising imports push trade balance deficit to biggest in 10 months

Rising imports push trade balance deficit to biggest in 10 months

04/12/2018 - 08:07
As SA records its biggest trade deficit in 10 months, economists warn that trade tensions could keep the trade account in the negative for the next few months. read more
The signs are here that South Africa has reached its economic crossroad

The signs are here that South Africa has reached its economic crossroad

03/12/2018 - 11:37
While South Africa attempts to shore up its own economy amid high inflation rates and a stuttering inherited financial system, the continent as a whole continues to grow. The big question, though, is whether South Africa will get left behind in terms of international investment if it doesn’t improve its financial situation, and how to avoid this. read more
Black Friday: how a sales gimmick is changing SA’s retail sector

Black Friday: how a sales gimmick is changing SA’s retail sector

30/11/2018 - 10:10
Black Friday promotional sales are transforming the SA retail sector. read more
Illegal imports are damaging the South African economy

Illegal imports are damaging the South African economy

28/11/2018 - 08:08
While we have all seen the extent of public sector fraud and corruption, private sector corruption is just as damaging to the state and our economy.  read more
Business confidence falls in fourth quarter

Business confidence falls in fourth quarter

27/11/2018 - 15:56
The South African business community is gloomier in the quarter under way than it was in the previous one, according to a poll sponsored by RMB and done by Stellenbosch University's Bureau of Economic Research. read more
How will the interest rate hike impact SME owners?

How will the interest rate hike impact SME owners?

27/11/2018 - 10:41
Despite a strengthening rand and slight recovery of the oil price, the South African Reserve Bank (SARB) announced that the repurchase (repo) rate will increase by 25 basis points to 6.75 percent, effective from 23 November 2018. This increase in interest rates – which pushes the prime lending rate up from 10 percent to 10.25 percent - is the first rates hike that South Africa has seen since March 2016.  read more
#BlackFriday: Wallet squeeze increases sensitivity to prices

#BlackFriday: Wallet squeeze increases sensitivity to prices

23/11/2018 - 10:21
Wallet squeeze has seen South African consumers growing increasingly sensitive to prices and promotions over the past several years.  read more
Inflation accelerates in October, as expected

Inflation accelerates in October, as expected

21/11/2018 - 11:01
Inflation accelerated slightly to 5.1% in October from 4.9% in September, matching the economists’ consensus.  read more
Global competitiveness: Sub-Saharan Africa still lags behind

Global competitiveness: Sub-Saharan Africa still lags behind

20/11/2018 - 08:16
The latest World Economic Forum Global Competitive Index (GCI) finds Sub-Saharan Africa to be the poorest performing region globally. The only apparent bright spot is Mauritius, among the top 50 countries in the world.  read more
Growing import demand contributes to expanding logistics and warehousing sector

Growing import demand contributes to expanding logistics and warehousing sector

16/11/2018 - 11:05
The inflow of imports, most consumer goods, is contributing to increasing demand for storage, logistics and warehousing services in South Africa, and a clear correlation is visible in the trend of wholesale and retail trade sales in comparison to imports. read more
Uptick in retail sales likely enough to end recession

Uptick in retail sales likely enough to end recession

16/11/2018 - 10:00
A meagre boost in the retail sector will likely see SA steer out of the recession. read more
SA loses R6-billion + in revenue to illicit alcohol trade

SA loses R6-billion + in revenue to illicit alcohol trade

15/11/2018 - 14:03
The South African economy suffered a fiscal loss of R6.4-billion (USD$492-million) in 2017 due to illicit alcohol activities, which generates an annual revenue of R12.9bn and goes unregulated.  read more
Retail sales growth half that forecast by economists

Retail sales growth half that forecast by economists

14/11/2018 - 14:09
Muted growth in the retail sector may be enough to help steer SA out of a recession. read more
SA’s economy: what could go right?

SA’s economy: what could go right?

14/11/2018 - 08:46
After the reality check provided by the medium-term budget as to the sorry state of the country’s public finances, and with rising jitters about global growth, it is hard to be optimistic about the prospects for SA’s economic recovery. read more
Opportunity and threat in Africa’s growing waste sector

Opportunity and threat in Africa’s growing waste sector

12/11/2018 - 16:34
South Africa faces both an opportunity and threat from the looming deluge of waste that will be generated on the continent. If recent projections prove to be correct, Africa’s municipal solid waste by 2025 will be nearly double the 2012 levels. read more
Western Cape agribusiness sector set for growth which will in turn boost tourism

Western Cape agribusiness sector set for growth which will in turn boost tourism

07/11/2018 - 08:46
The Western Cape’s agribusiness sector looks set for growth in the coming years with the province’s trade and investment promotion agency announcing that it has landed committed investments in the sector amounting to R756m.  read more
SA recorded a surprise trade deficit in September

SA recorded a surprise trade deficit in September

06/11/2018 - 10:22
SA recorded a shock trade deficit of R2.95bn in September — a far cry from analysts expectations of a surplus. read more
Food prices dip in October

Food prices dip in October

05/11/2018 - 13:37
International food commodity prices dipped in October, as falling dairy, meat and vegetable oils prices more than offset a surge in sugar prices, according to the United Nations. read more
Land reform uncertainty stalls investment in agricultural industry

Land reform uncertainty stalls investment in agricultural industry

05/11/2018 - 09:58
Continuing uncertainties over the government’s expropriation without compensation land reform programme has stalled investments in the agricultural industry with farmers holding back on buying machinery in the past few months. read more
Sweet surprise for Treasury as sugar tax puts more than expected in the pot

Sweet surprise for Treasury as sugar tax puts more than expected in the pot

31/10/2018 - 09:05
The Treasury has generated more money than it anticipated from its new tax on sugary drinks, despite moves by some manufacturers to reformulate products to reduce their sugar content. read more
Why SA should have hiked VAT at 16%

Why SA should have hiked VAT at 16%

30/10/2018 - 09:11
The 2018 Medium-Term Budget Policy Statement (MTBPS) delivered by finance minister Tito Mboweni contained a clear picture of the past mistakes that will continue to haunt South Africa in the coming years. read more
Credit growth slows, but is better than expected

Credit growth slows, but is better than expected

29/10/2018 - 14:22
Money supply growth accelerated very slightly, while credit extended to consumers and business grew significantly faster than forecasts. read more
Sanitary pads, white bread flour to be added to VAT free items

Sanitary pads, white bread flour to be added to VAT free items

29/10/2018 - 08:15
FINANCE Minister Tito Mboweni says government proposes that come April 2019, three items, including sanitary pads, will be added to the zero-rated list. read more
SA retail sales jump as spending on consumer goods rises

SA retail sales jump as spending on consumer goods rises

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

Retail sector shows a glimmer of growth

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

SA Citrus exports close in on 2 million tons

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