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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
SA avo season ends early due to drought

SA avo season ends early due to drought

20/10/2016 - 10:36
South African avocado farmers have faced many challenges with the past avo season, from drought and high temperatures to widespread hail which all took their toll on local avo crops. As a result, this year's avos looked a little different and were available for a much shorter period. read more
Retail sales grow 0.2% year on year in August

Retail sales grow 0.2% year on year in August

20/10/2016 - 10:32
Retail sales growth slowed further in August, deepening the disappointing slowdown reported for July. read more
Consumer inflation is back above the Reserve Bank target

Consumer inflation is back above the Reserve Bank target

19/10/2016 - 16:05
Consumer inflation accelerated in September, rising back above the 6% upper limit that the Reserve Bank targets when setting interest rates. read more
Small-business owners less confident about SA’s economy

Small-business owners less confident about SA’s economy

17/10/2016 - 09:56
Confidence in SA’s economy and the ability to grow businesses fell slightly in the third quarter compared with the second, a survey of small and medium-sized business owners showed on Thursday. read more
 Spike in raw material prices to hit consumers

Spike in raw material prices to hit consumers

14/10/2016 - 10:16
Johannesburg - Over the past year, the producer price index (PPI) for raw milk went up by 24% while the dairy products PPI increased by 11.3%, according to the South African Milk Processors’ Organisation (Sampro). read more
SA will have to weather high meat prices into next year

SA will have to weather high meat prices into next year

14/10/2016 - 08:59
According to the Food and Agriculture Organisation of the UN (FAO), food security exists when all people, at all times, have physical, social and economic access to sufficient, safe and nutritious food that meets their dietary needs and food preferences for an active and healthy life. read more
Falling global cereal prices is good news for SA food inflation

Falling global cereal prices is good news for SA food inflation

13/10/2016 - 11:02
GLOBAL food prices increased slightly in September, but prices for cereals — which SA imports — continued to fall, which should relieve some of the import cost pressures for SA and help damp the increases in food prices. read more
Avocados to US, nuts to China to boost SA’s exports

Avocados to US, nuts to China to boost SA’s exports

12/10/2016 - 15:42
US consumers may soon see South African avocados on their supermarket shelves as growers from the country look for new markets to sustain export growth momentum that’s set to taper in its home continent. read more
Credit defaulters swell up despite affordability rules

Credit defaulters swell up despite affordability rules

10/10/2016 - 11:31
THE number of consumers with impaired credit records has risen in the three months to June, despite the National Credit Regulator’s (NCR’s) efforts in putting stringent affordability criteria in place. read more
 Industrialist programme: Scope must reach beyond manufacturing

Industrialist programme: Scope must reach beyond manufacturing

10/10/2016 - 11:04
Black business is looking to broaden government’s Black Industrialist Programme to include more sectors than just manufacturing. read more
Consumer credit continues to stabilise, and unsecured lending shrinks further

Consumer credit continues to stabilise, and unsecured lending shrinks further

06/10/2016 - 11:37
CONSUMER debt appears to be stabilising further, and credit issuers appear to be adopting a more cautious approach, data from the National Credit Regulator (NCR) suggest. read more
Warning to firms who don’t lower food prices after drought ends

Warning to firms who don’t lower food prices after drought ends

06/10/2016 - 09:07
Cape Town – The Competition Commission is closely watching businesses in the food sector whose prices may have risen as a result of the drought. read more
Agriculture in Western Cape ‘grew in 2004-15’

Agriculture in Western Cape ‘grew in 2004-15’

05/10/2016 - 10:55
THE agricultural sector continues to feel the effects of the devastating drought but has shown signs of growth in some areas of the Western Cape in 2004-15. read more
Coffee is set to cost more as drought drives rally

Coffee is set to cost more as drought drives rally

04/10/2016 - 09:59
New York - The buzz of the morning alarm might start to sound even more painful thanks to topsy-turvy weather in Brazil that’s pushing up the cost of commodities that find their way into your breakfast drink. read more
 New vehicle sales remain on downward slope

New vehicle sales remain on downward slope

04/10/2016 - 08:32
Cape Town - September saw new vehicle sales continue declining, according to the latest sales data from the National Association of Automobile Manufacturers of South Africa (Naamsa). read more
What you didn't know about US chicken sold in SA – it's halaal

What you didn't know about US chicken sold in SA – it's halaal

03/10/2016 - 09:01
Delaware (US) – Certain US chicken portions entering South Africa under the US African Growth and Opportunity Act (Agoa) are halaal, one of the top poultry producers confirmed to Fin24. read more
SA’s latest trade figures show billions leaving SA

SA’s latest trade figures show billions leaving SA

30/09/2016 - 14:30
Cape Town – South Africa recorded a trade deficit of R8.56bn in August, the SA Revenue Service (Sars) announced on Friday. read more
Raising profit margins in a stagnant economy

Raising profit margins in a stagnant economy

29/09/2016 - 15:32
Advice to SME owners read more
SA to export pigeon peas, pork, mango to India

SA to export pigeon peas, pork, mango to India

29/09/2016 - 11:57
As part of ongoing efforts by member states to improve intra-BRICS trade, South Africa has been granted an opportunity to export pigeon peas also known as Cajanus Cajan, pork, mango, and persimmons to India. India for its part has expressed an interest to import pickled sheep skins from South Africa. read more
SA earns R2.2trn from manufacturing

SA earns R2.2trn from manufacturing

26/09/2016 - 15:00
Cape Town - South Africa’s total income derived from the manufacturing industry increased by 9.4% from 2011 to 2014, which amounts to a total of R2.2trn, said Statistician General Pali Lehohla on Monday. read more
Why red meat prices will soar, even if the drought is broken

Why red meat prices will soar, even if the drought is broken

26/09/2016 - 13:58
RED meat prices are expected to rise, further straining food inflation, as farmers rebuild their herds following record slaughters to cope with the worst drought in a century, industry experts say. read more
 Sugar tax could cause over 70 000 job losses - report

Sugar tax could cause over 70 000 job losses - report

23/09/2016 - 09:30
Johannesburg – The proposed 20% tax on sugar-sweetened beverages (SSBs) could possibly generate only R4.4bn of the R7.5bn that was estimated, research by Oxford Economics revealed. read more
 Salt water levels in chicken exploits consumers - Amie

Salt water levels in chicken exploits consumers - Amie

22/09/2016 - 09:42
Cape Town - High brining levels as practised in South Africa are nothing more than commercial exploitation of consumers, according to the Association of Meat Importers and Exporters of SA (Amie). read more
Consumer inflation slows to just inside the Reserve Bank’s target band

Consumer inflation slows to just inside the Reserve Bank’s target band

21/09/2016 - 10:46
CONSUMER inflation slowed to 5.9% year on year in August, from the 6% reported for July. read more
The biggest stumbling block for SA agriculture

The biggest stumbling block for SA agriculture

20/09/2016 - 11:35
Cape Town – Overall, policy uncertainty remains a key stumbling block for the South African agriculture sector and could potentially discourage investments over the foreseeable future, Agbiz said on Monday. read more
Petrol price likely to jump more than 50c/l in October

Petrol price likely to jump more than 50c/l in October

20/09/2016 - 09:07
The Automobile Association (AA) says SA’s recent period of fuel price reductions is set for a reversal due to a weakening rand and stronger international petroleum prices. read more
Red meat prices to rise as high as 15% - FNB

Red meat prices to rise as high as 15% - FNB

20/09/2016 - 08:54
Johannesburg – Red meat prices are expected to rise as high as 15% by December, according to projections by FNB. read more
US pork a potential threat to SA, warns producers

US pork a potential threat to SA, warns producers

19/09/2016 - 09:00
Cape Town - South Africa has already received 500 kilograms of shoulder pork cuts from the US, but the SA Pork Producers’ Organisation (Sappo) is taking legal action to prevent further consignments entering the country unless it complies with certain rules. read more
Slower retail sales growth in July may lead to Bank holding rates

Slower retail sales growth in July may lead to Bank holding rates

16/09/2016 - 14:26
RETAIL sales increased at their slowest pace in one-and-a-half years in July, with data showing that household furniture, appliances, and equipment retailers were taking the most strain. read more
Sugar tax is actually a stealth tax, claims IRR

Sugar tax is actually a stealth tax, claims IRR

16/09/2016 - 10:15
Johannesburg – There is no substantial evidence to indicate National Treasury’s proposed 20% tax on sugar- sweetened beverages (SSBs) may curb obesity, according to the South African Institute of Race Relations (IRR). read more
Corruption and economic stagnation are to be expected as SA ranking plummets to 105

Corruption and economic stagnation are to be expected as SA ranking plummets to 105

15/09/2016 - 12:08
The Economic Freedom of the World Index (EFW) is a positive indicator for desirable living conditions. For any country, the higher the EFW score, the more likely that country is to enjoy greater prosperity, a broader and friendlier civil society, and an intrinsic attractiveness to people from other lands. A country with greater economic freedom is better able to support a larger population on any given land area and physical resource base. The migration crisis of recent years is testimony to the government policy failures and resulting conflicts in those countries that tend to export their people rather than their products. It is also a rebuke to those refugee recipient countries that fail to exhibit consistently, or at least to recognise and articulate, the principles of good governance and freedom of exchange.  read more
Growth in wholesale trade sales slows

Growth in wholesale trade sales slows

15/09/2016 - 11:10
WHOLESALE trade sales rose 1.2% year on year in July, following a revised 1.7% increase in June, Statistics SA said on Thursday. read more
SA bulk exports fall 4.9% in August to 12.6-million tons

SA bulk exports fall 4.9% in August to 12.6-million tons

13/09/2016 - 09:11
SA’S BULK export volumes fell 4.9% year on year (y/y) in August to 12.6-million tons after dropping 15.4% in July to 11.6-million tons and rising 6.2% in April to the second-highest monthly total of 16.2-million tons, data from the Transnet National Ports Authority showed on Monday. read more
 Drought is a wake-up call on SA’s water needs

Drought is a wake-up call on SA’s water needs

12/09/2016 - 11:47
The drought that has nearly depleted several major dams and led to countrywide water restrictions is a much-needed wake-up call for South Africa, which faces increasing water scarcity in future. read more
Rand back under R14 to the dollar – for now

Rand back under R14 to the dollar – for now

07/09/2016 - 08:45
The rand has strengthened to under R14 to the dollar on the back of surprisingly positive GDP data for the second quarter – but economists warn that this isn’t necessarily a turning point in South Africa’s current decline to junk status. read more
SA container trade still in negative territory - report

SA container trade still in negative territory - report

07/09/2016 - 08:27
Cape Town - Although South African container trade remains in negative territory, the second quarter of 2016 proved to be more encouraging than the first, according to the second quarter Maersk Trade Report. read more
Consumers and businesses having a rough time

Consumers and businesses having a rough time

06/09/2016 - 16:47
BUSINESSES and consumers are battling to cope in the low-growth environment, while the spectre of an interest rate hike looms, threatening to curb constrained spending even further. read more
Pressure on consumers has intensified, index shows

Pressure on consumers has intensified, index shows

05/09/2016 - 14:48
CONSUMERS felt more financially vulnerable in the second quarter of 2016 than they did in the first as high debt levels, rising food prices, inflation, and higher interest rates took their toll, an index showed on Monday. read more
August grocery prices fall in record low

August grocery prices fall in record low

05/09/2016 - 10:43
A new report has revealed that the overall grocery prices dropped by two per cent in August, compared to the 1.6 per cent decline in July. read more
Rand up as politics take back seat

Rand up as politics take back seat

05/09/2016 - 09:55
Cape Town - The rand was trading on the front foot on Monday following news that the US have created fewer than expected jobs in August and as politics took a back seat while President Jacob Zuma and Finance Minister Pravin Gordhan attend the G-20 summit in China. read more
Growing exports help widen trade surplus to R17.4bn

Growing exports help widen trade surplus to R17.4bn

02/09/2016 - 14:35
EXPORTS grew faster than imports in the first seven months of 2016, driven largely by a weak rand, leading to a R17.4bn surplus compared with a R24.7bn deficit over the same period last year. read more
Tourism grows as Zim, China trade ties strengthen

Tourism grows as Zim, China trade ties strengthen

02/09/2016 - 10:19
Harare – Chinese travellers to Zimbabwe are on the rise as trade ties between the two countries strengthen after western investors severed ties with Harare because of alleged rights violations. read more
Untapped Intra-regional trade opportunities key to boosting African economies

Untapped Intra-regional trade opportunities key to boosting African economies

01/09/2016 - 10:39
September 1, 2016: Despite an average annual growth in exports of 8.5% since 2010, trade between African regions remains low when compared to other parts of the world, according to The Africa Economic Outlook Report 20161. Intra-regional trade accounted for 16% of Africa’s total trade in 2014 - mainly stimulated by manufactured goods, accounting for 60% of total regional trade2.  read more
Household credit cycle one of the weakest in history

Household credit cycle one of the weakest in history

01/09/2016 - 09:05
Johannesburg – Growth in household credit slowed down significantly, making it one of the weakest household credit cycles in history, according to a report released by Momentum Investments. read more
China deal to create over 2 000 jobs in SA

China deal to create over 2 000 jobs in SA

31/08/2016 - 08:31
Johannesburg - An auto plant by a Chinese state-owned car manufacturer will create more than 2 500 jobs in South Africa. read more
 Sugar tax: Treasury to release impact study

Sugar tax: Treasury to release impact study

29/08/2016 - 08:31
Cape Town - The National Treasury will publish a socio-economic impact study on its proposed tax on sugar-sweetened beverages. read more
Basic grocery basket up R100 since Feb - Massmart

Basic grocery basket up R100 since Feb - Massmart

26/08/2016 - 14:29
Cape Town - The price of a basic basket of 23 grocery items has risen by 13% since February this year, Massmart Holdings said on Wednesday at the announcement of its first-half results to June 26 2016. read more
 Gordhangate: How business should react

Gordhangate: How business should react

26/08/2016 - 10:17
Cape Town – What should business do about the current events surrounding Minister of Finance Pravin Gordhan? read more
Various practical realities may delay final implementation of sugar tax to 2018, says Deloitte

Various practical realities may delay final implementation of sugar tax to 2018, says Deloitte

25/08/2016 - 15:45
Johannesburg – 25 August 2016 – Adopting a sugar tax by April 2017 may be unattainable due to various practical realities, with a more realistic start date 2018, says Deloitte. read more
Higher wheat import duties mean bread will cost R1 more a loaf

Higher wheat import duties mean bread will cost R1 more a loaf

24/08/2016 - 14:58
A loaf of bread will cost South African consumers nearly R1 more to buy at the till following the approval of an increase in the import duty on wheat, according to the National Chamber of Milling. read more
Consumer inflation drops

Consumer inflation drops

24/08/2016 - 10:40
Cape Town - Statistics South Africa on Wednesday announced that the country's consumer price index (CPI) was 6.0% in July 2016, down from 6.30% in June. The index increased by 0.8% month-on-month (m/m) in July 2016.  read more
SA customers feel they are getting less value

SA customers feel they are getting less value

23/08/2016 - 15:16
Cape Town - Customers in South Africa claim they are getting less value, according to Prof. Adré Schreuder, CEO of Consulta and founder and chair of the SA Customer Satisfaction Index (SAcsi). read more
Is another rates hike on the cards?

Is another rates hike on the cards?

23/08/2016 - 09:50
THE Reserve Bank could raise interest rates one more time by 25 basis points before the end of 2016 should "a damaging reversal of capital flows especially in the context of Fed tightening" occur, says economic research company Capital Economics, which has a presence in several countries globally. read more
Emerging economies need to harness the power of Big Data

Emerging economies need to harness the power of Big Data

22/08/2016 - 09:52
MUCH has been written about the power and potential of Big Data and predictive analytics. According to the head of analytics for FNB Business, global challenges and developments are putting more pressure on key business sectors that are sensitive to economic cycles. As a result, the insights gathered from Big Data can help solve some of the biggest global business challenges. Many of these are also applicable to the sphere of government and policy-making. read more
Uganda expects surge in coffee export crop

Uganda expects surge in coffee export crop

19/08/2016 - 13:50
Kampala - Uganda expects its coffee exports in the 2016/2017 season to increase by 13.5% helped by favourable weather in a major growing area, an industry body official said on Friday. read more
“Lipstick Effect” becomes evident as consumers remain under pressure

“Lipstick Effect” becomes evident as consumers remain under pressure

18/08/2016 - 08:55
Growth in retail trade sales slowed during June as uncertainty still leaves consumers postponing the purchase of non-essential items.  read more
Retail sales come in much lower than expected

Retail sales come in much lower than expected

17/08/2016 - 16:58
RETAIL sales grew 1.7% in June from a year earlier, slowing much more than expected from growth of 4.5% in May. read more
 SA clamps down on non-compliant goods

SA clamps down on non-compliant goods

17/08/2016 - 09:59
Cape Town - In the 2014-15 financial year, more than R548m worth of poor quality, unsafe goods were removed from the South African market, said Asogan Moodley, CEO of the National Regulator for Compulsory Specifications (NRCS), on Tuesday.  read more
Sugar tax to cost SA 60 000 jobs, warns Coca-Cola

Sugar tax to cost SA 60 000 jobs, warns Coca-Cola

17/08/2016 - 09:56
Cape Town - The proposed sugar tax could result in South Africa losing 60 000 jobs in the beverage industry, said Coca-Cola Beverages Africa chairperson Phil Gutsche. read more
 Sanral appeals Winelands toll plan ruling

Sanral appeals Winelands toll plan ruling

17/08/2016 - 09:51
Cape Town - The South African National Roads Agency Limited (Sanral) appealed a judgment over the right to toll the N1 and the N2 highways at the Supreme Court of Appeal on Tuesday. The judgment had been in favour of the City of Cape Town. read more