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Electricity and petrol price increase no April Fool's joke

Electricity and petrol price increase no April Fool's joke

23/03/2015 - 08:28
Cape Town – It won’t be an April Fool’s day joke next month when both petrol and electricity tariffs go up, directly affecting consumers' pockets. read more
Eskom's tariff hike shocker

Eskom's tariff hike shocker

20/03/2015 - 08:24
Cape Town - Eskom is looking for a 9.58% price adjustment for electricity in addition to the already announced 12.69% imposed in the 2015-16 financial year, reports the City of Cape Town. read more
British unemployment drops to 7.9%

British unemployment drops to 7.9%

18/10/2012 - 08:24
London - The number of unemployed people in recession-hit Britain fell by 50 000 to 2.53 million in the quarter to August from the total in the previous quarter, official data showed on Wednesday.  read more
 Retailers suffer as rand gets hammered

Retailers suffer as rand gets hammered

09/10/2012 - 07:43
Johannesburg - South African shares edged lower on Monday after the rand weakened more than two percent, hitting retailers reliant on dollar-denominated imports such as Mr Price, but rewarding exporters producing in the local currency.  read more
Check your credit status while shopping

Check your credit status while shopping

08/10/2012 - 07:34
Cape Town – The Shoprite group is slowly but surely expanding its financial services offering.  read more
Mr Price forecasts profit increase

Mr Price forecasts profit increase

05/10/2012 - 08:01
Retailer Mr Price (MPC) on Thursday announced it expects its headline earnings and basic earnings per share for the 26 weeks ended September 29 “are likely to be higher than the previous corresponding period by more than 20%.”  read more
SA in for tough ride

SA in for tough ride

05/10/2012 - 07:41
Cape Town - South Africans can expect a tough two years ahead as the economy feels the pinch of strikes, analysts said on Thursday. read more
 Pick n Pay shares surge on new chief

Pick n Pay shares surge on new chief

04/10/2012 - 07:45
Shares of South Africa's Pick n Pay surge nearly 7 percent, becoming the top percentage gainer on the All-share index after the grocer names the former head of Tesco's UK business as its next chief executive.  read more
SA must target 5% growth - ADB

SA must target 5% growth - ADB

03/10/2012 - 10:08
Johannesburg - South African labour unrest will only temporarily deter investors, but the country must grow faster to avoid serious pitfalls ahead, the African Development Bank's chief economist said on Tuesday.  read more
Big food firms get ready to lift prices

Big food firms get ready to lift prices

02/10/2012 - 09:03
Food prices are set to increase by about 10 percent before the end of November as the country’s major food producers take strain from rising input costs, according to major food firms.  read more
Sovereign Food’s profits increase

Sovereign Food’s profits increase

01/10/2012 - 15:58
Poultry producer Sovereign Food (SOV) on Monday reported diluted headline earnings per share for the six months ended of 16.5 cents from the previous year’s 0.7 cents.  read more
Eurozone manufacturing steadies

Eurozone manufacturing steadies

01/10/2012 - 13:23
Eurozone manufacturing activity was in the doldrums again in September but showed signs of bottoming out with a slight increase overall from August, data showed on Monday.  read more
Maize up sharply on US prices

Maize up sharply on US prices

01/10/2012 - 13:19
South African maize and wheat prices closed the session strongly higher on Monday due to higher Chicago Board of Trade figures and a weaker rand read more
SA at risk of food crisis

SA at risk of food crisis

01/10/2012 - 13:11
As food prices soar because of the ailing global and domestic economies, South Africans should also start worrying about the availability of something to eat. read more
PPI slows to 5.1% in August

PPI slows to 5.1% in August

28/09/2012 - 11:59
Johannesburg - SA's producer inflation, which represents domestic output, was slower at 5.1% year-on-year in August compared with 5.4% in July, Statistics SA data showed on Thursday.  read more
August credit growth slows

August credit growth slows

28/09/2012 - 11:48
Johannesburg - Growth in credit demand by South Africa's private sector slowed to 7.93% year-on-year in August compared with an 8.34% rise in July, central bank data showed on Friday.  read more
SA spends R140bn on agriculture

SA spends R140bn on agriculture

27/09/2012 - 09:26
Pretoria - South Africa spent R140bn on agriculture and ground development between 2000 and 2010, Prof Johann Kristen said on Wednesday. read more
Euro Touches 2-Week Low Before Retail Sales, Sentiment

Euro Touches 2-Week Low Before Retail Sales, Sentiment

26/09/2012 - 08:42
The euro fell to the lowest level in almost two weeks as political uncertainty and weakening economic data in the currency bloc underscored the deepening impact of the debt crisis.  read more
Tiger Brands acquires a 63.35% shareholding interest in Dangote Flour Mills in Nigeria

Tiger Brands acquires a 63.35% shareholding interest in Dangote Flour Mills in Nigeria

25/09/2012 - 08:54
Tiger Brands Limited (“Tiger Brands”) and Dangote Industries Limited (“Dangote”) are pleased to announce they have executed a share sale and purchase agreement which will result in Tiger Brands acquiring a 63.35% shareholding in Dangote Flour Mills Plc (“Dangote Flour Mills”) for approximately R1.5 billion from Dangote. The transaction is expected to be effected during the first week of October 2012. read more
Foreign retailers rush into SA

Foreign retailers rush into SA

25/09/2012 - 08:37
Johannesburg – South African retailers will have to pull up their socks to compete with the international retailers streaming into shopping centres.  read more
July real wholesale sales up 8.8%

July real wholesale sales up 8.8%

20/09/2012 - 13:06
Johannesburg - Wholesale trade sales at constant 2000 prices for July increased by 8.8% year-on-year (y/y) compared with a 3.7% y/y growth in May‚ Statistics SA data showed on Thursday. read more
Thousands of farmers could quit land — Absa

Thousands of farmers could quit land — Absa

27/10/2011 - 09:53
The number of commercial farmers in SA would decline sharply from the current 40000 to 15000 in the next 15 to 20 years due to unfriendly agriculture policies and curbs on land ownership unless the government rethought the strategic importance of the sector, Absa warned yesterday. read more
SA gets thumbs up from ratings firms

SA gets thumbs up from ratings firms

27/10/2011 - 09:49
Three rating agencies have given South Africa an “all clear”, after the medium-term budget presented on Tuesday by Finance Minister Pravin Gordhan. Despite downward revisions to growth estimates and a delay in cutting the budget deficit, Veronica Kalema, the director of sovereign and international public finance at rating agency Fitch Ratings, yesterday described South Africa as “fine”. read more
Transnet’s freight rail effort boosts its market share

Transnet’s freight rail effort boosts its market share

27/10/2011 - 09:26
The drive by Transnet to shift freight from road to rail is bearing fruit, with the logistics parastatal continually increasing its market share. read more
German manufacturing sector shrinks in October

German manufacturing sector shrinks in October

25/10/2011 - 08:39
Germany's manufacturing sector contracted in October for the first time in two years, overshadowing a pick-up in the services sector which was still sluggish despite the improvement as firms felt the impact of the euro zone debt crisis, a survey showed. read more
SA producer price index is expected to have increased at 10.3% year on year

SA producer price index is expected to have increased at 10.3% year on year

25/10/2011 - 08:31
SA's producer price index is expected to have increased at 10.3% year on year in September from the 9.6% seen in August, a survey by I-Net Bridge/BusinessLIVE has found.  read more
Bumper wheat supplies soothe food prices

Bumper wheat supplies soothe food prices

24/10/2011 - 09:07
Global worries about food price inflation should be receding as wheat supplies are plentiful. Warehouse stocks are at their highest in years, producers have been reporting bumper crops and prices are falling sharply. read more
Kalagadi smelter anchors Coega

Kalagadi smelter anchors Coega

24/10/2011 - 08:52
Some 10 years in the making, the Coega Industrial Development Zone is starting to come of age. It takes at least that amount of time for such zones to begin to mature, and even longer from inception. read more
SA household debt stress levels are declining

SA household debt stress levels are declining

21/10/2011 - 08:30
Official statistics of civil cases for debt for August, released by Stats SA this morning, show that while households continue to benefit from the accommodative interest rate environment, there are mixed signals for business sector balance sheet debt distress.  read more
SA improves rank for ease of doing business

SA improves rank for ease of doing business

21/10/2011 - 08:19
South Africa is ranked 35 out of 138, up from its previous ranking of 36 The ease of doing business in South Africa improved one place this year to rank 35 out of 183 economies, according to a new World Bank report.  read more
Global coalition launches African cocoa initiative

Global coalition launches African cocoa initiative

20/10/2011 - 10:10
The World Cocoa Foundation (WCF), US Agency for International Development (USAID) and the Sustainable Trade Initiative (IDH) have joined forces in a programme designed to boost sustainable cocoa production in West Africa.  read more
Retail sales surge but analysts warn slowdown in SA likely to persist

Retail sales surge but analysts warn slowdown in SA likely to persist

20/10/2011 - 09:34
Reserve Bank set to keep rates steady in spite of inflation edging closer to the top of its official 3%-6% target range read more
Economists react to consumer inflation data

Economists react to consumer inflation data

19/10/2011 - 10:42
The increase in South Africa's consumer price index (CPI), which is used by the SA Reserve Bank (SARB) for its inflation target, was 5.7% year on year (y/y) in September, from 5.3% y/y in August, Statistics SA (Stats SA) said on Wednesday. read more
SA-Brazil-India trade up despite recession

SA-Brazil-India trade up despite recession

19/10/2011 - 10:21
Trade relations between SA, India and Brazil have improved significantly despite the global economic recession, according to Minister of Trade and Industry, Rob Davies, at a business forum on Tuesday.  read more
September CPI higher than expected at 5.7%

September CPI higher than expected at 5.7%

19/10/2011 - 10:16
The increase in SA's consumer price index was 5.7% year on year in September, from 5.3% in August, Statistics SA said on Wednesday. read more
China’s economic growth slows

China’s economic growth slows

18/10/2011 - 09:11
China's rapid economic growth eased in the latest quarter to a still-robust 9.1 percent amid government efforts to prevent overheating. read more
The mini-budget tightrope

The mini-budget tightrope

17/10/2011 - 08:11
Johannesburg - The next big event in South Africa’s policy cycle is the Medium Term Budgetary Policy Statement - the so-called “mini-budget” - on October 25. read more
Gordhan to launch new rescue for factories

Gordhan to launch new rescue for factories

17/10/2011 - 08:05
Cape Town -The government is expected to announce a new rescue package for the manufacturing sector when Finance Minister Pravin Gordhan tables his medium-term budget policy statement in Parliament next week. read more
China inflation ticks lower, policy on pause

China inflation ticks lower, policy on pause

14/10/2011 - 08:22
China's consumer inflation dipped to 6.1% in September, retreating further from three-year highs, although stubborn food price pressures will deter the central bank from loosening its policy reins anytime soon. read more
SA consumers to remain financially vulnerable: BMR

SA consumers to remain financially vulnerable: BMR

14/10/2011 - 08:02
SA consumers are likely to remain financially vulnerable for some time, given that current factors leading to their financial vulnerability have not changed, Professor Carel van Aardt from University of SA's Bureau of Market Research (BMR) says. read more
Surge in factory output not seen as turnaround

Surge in factory output not seen as turnaround

13/10/2011 - 09:35
Manufacturing output surged unexpectedly in August after a sharp fall in July, but the rebound was not seen as a sign of a significant turnaround in the sector. read more
Sarb suggests rate cut not ruled out

Sarb suggests rate cut not ruled out

13/10/2011 - 08:38
Johannesburg - The Reserve Bank struck a dovish note about the economy on Wednesday due to global weakness, suggesting there is still a chance of a rate cut despite a stronger-than-expected performance by the manufacturing sector in August. read more
'Manufacturing improvement not yet on the cards'

'Manufacturing improvement not yet on the cards'

12/10/2011 - 09:01
A number of factors will keep the local manufacturing sector under continued pressure going forward, Stewart Jennings, chairman of the Manufacturing Circle and PG Group CEO said in an interview with BusinessLIVE.  read more
Trade conditions under pressure

Trade conditions under pressure

12/10/2011 - 08:32
Johannesburg - Current trade conditions as reflected by the trade activity index (Tai) deteriorated to a seasonally adjusted 45 in September from 48 in August, indicating business perceives trade conditions to be under pressure. read more
Economists urge G20 to tackle food prices

Economists urge G20 to tackle food prices

12/10/2011 - 08:16
London - G20 ministers meeting this week in Paris must take urgent action to stop speculation on commodity markets that is fuelling food prices and hunger, 450 economists demanded in a letter published Tuesday.  read more
Clothing deal bears fruit as firm adds workers

Clothing deal bears fruit as firm adds workers

10/10/2011 - 08:19
Cape Town clothing manufacturer to increase its workforce by 25% — the first significant employment growth in any metropolitan area in years read more
Local firms ‘can harness African gains’

Local firms ‘can harness African gains’

07/10/2011 - 08:45
Windows of opportunity are opening up for Africa, according to Standard Bank researcher Simon Freemantle. At a presentation in Johannesburg yesterday, he said South African companies, which had already invested $15 billion (R124.3bn) in the rest of the continent, stood to gain if their corporate strategies were aligned to the major trends. read more
DA: Walmart case undermines competition

DA: Walmart case undermines competition

06/10/2011 - 09:29
Cabinet ministers were driving an ideological agenda against Walmart, the Democratic Alliance said on Wednesday.  read more
Marcus: Inflation, low growth cloud outlook

Marcus: Inflation, low growth cloud outlook

06/10/2011 - 09:07
Johannesburg - Rising inflation and the slowing pace of economic growth in emerging markets will cloud the outlook of these countries for years to come, the Business Report on Thursday quoted South African Reserve Bank Governor Gill Marcus as saying. read more
Deal on 30% wage cut for new textile sector staff

Deal on 30% wage cut for new textile sector staff

06/10/2011 - 08:20
Cape Town — Textile industry employers yesterday concluded a landmark deal with a trade union to offer 30% lower wages to new employees, in an innovative bid to create more jobs and revive the fortunes of SA’s clothing sector.  read more
SA counterfeit industry worth R362bn

SA counterfeit industry worth R362bn

05/10/2011 - 10:21
The South African counterfeit industry is estimated at approximately R362 billion and is viewed as one of the world's fastest growing industries, with seizures of fake goods up 46% annually according to a counterfeiting expert at attorneys Adams & Adams. read more
High tariffs stifle Turkey-SA trade — Motlanthe

High tariffs stifle Turkey-SA trade — Motlanthe

05/10/2011 - 09:51
High tariffs were stifling two-way trade between Turkey and SA, Deputy President Kgalema Motlanthe said yesterday.  read more
Tobacco blamed for GEPF’s performance

Tobacco blamed for GEPF’s performance

04/10/2011 - 09:06
Investments in tobacco shares have been blamed for the underperformance of the Government Employees Pension Fund (GEPF), which contributes more than 90 percent of the R1 trillion in assets managed by the Public Investment Corporation (PIC). read more
Strong data for factories may prove short-lived, say analysts

Strong data for factories may prove short-lived, say analysts

04/10/2011 - 08:17
THE purchasing managers index (PMI) darted above 50 index points last month — the second monthly increase — suggesting the manufacturing sector may have actually expanded read more
Trade data point to life in economy

Trade data point to life in economy

03/10/2011 - 08:37
SA’s trade deficit narrowed slightly in August but was still well above expectations as imports of machinery and electrical appliances outpaced exports of chemicals, precious stones and metals, the South African Revenue Service (SARS) said on Friday. read more
SA economy to grow 3.1% in 2011, rates on hold to fourth quarter 2012

SA economy to grow 3.1% in 2011, rates on hold to fourth quarter 2012

30/09/2011 - 08:51
Absa Capital expects the South African economy to grow by 3.1% in 2011, 3.4% in 2012 and escalating to 4.2% in 2013. It also expects interest rates to stay on hold until the fourth quarter of next year.  read more
Factory gate prices climb higher

Factory gate prices climb higher

30/09/2011 - 08:17
Johannesburg - Statistics South Africa said on Thursday producer inflation, which represents domestic output, quickened to 9.6% year-on-year (y/y) in August from 8.9% in July, and was at 1.0% month-on-month (m/m) from 2.7%. read more
Petrol could go up by 33c next week

Petrol could go up by 33c next week

30/09/2011 - 08:09
Johannesburg - The price of petrol is likely to rise by at least 33 cents a litre next Wednesday - but the increase could be far higher. read more
SA shed 395 000 jobs in 2010

SA shed 395 000 jobs in 2010

29/09/2011 - 08:41
Pretoria - About 395 000 jobs were lost in 2010 compared to the previous year, Statistics SA said on Wednesday. read more
SA, China shake hands on $2.5bn deals

SA, China shake hands on $2.5bn deals

29/09/2011 - 08:15
Beijing - China has agreed to $2.5bn in investment projects with South Africa, the deputy president said on Thursday, on a three-day trip to China during which he brushed off controversy over a potential visit by the Dalai Lama.  read more
Africa moves good news for small firms

Africa moves good news for small firms

26/09/2011 - 09:00
South Africa's major supermarket chains are on the expansion path locally and abroad - and South African SMEs could cash in on the action. read more
Number of customers in distress still high

Number of customers in distress still high

26/09/2011 - 08:31
National Debt Mediation Association says the number of consumers with impaired records has risen by 174000 to 8,9-million in the second quarter of 2011.  read more
World’s poorest face soaring food prices

World’s poorest face soaring food prices

23/09/2011 - 10:23
Report warns new round of food inflation with severe hikes in the price of basic foodstuffs is plunging many of the world’s poorest people into deeper poverty and into situations of severe hunger and malnutrition read more
Marcus warns of risks as rates kept flat

Marcus warns of risks as rates kept flat

23/09/2011 - 09:18
Johannesburg - Reserve Bank governor Gill Marcus said SA economic growth is disappointing as the monetary policy committee (MPC) kept interest rates steady at 5.5%.  read more
Brics call on Europe to act urgently

Brics call on Europe to act urgently

23/09/2011 - 09:12
Washington - Economic chiefs of the large emerging economies called on Europe to take action quickly to resolve their economic crisis, saying it was hurting global growth. read more
Consumer inflation seen up in August

Consumer inflation seen up in August

20/09/2011 - 09:18
The consumer inflation index - the measure used by the Reserve Bank for its inflation target - is expected to tick up to 5.5% year-on-year in August from 5.3% in July. read more
Inflation targeting ‘going well by global standards’

Inflation targeting ‘going well by global standards’

20/09/2011 - 08:49
Gordhan says SA has performed well against international average in terms of keeping inflation rate within its target band read more
Will Marcus cut SA some slack?

Will Marcus cut SA some slack?

19/09/2011 - 08:24
Johannesburg - Default rates have declined dramatically, resulting in bad loans in the banking sector falling sharply thanks to 10 interest rate cuts by the Reserve Bank between June 2008 and November last year.  read more
Walmart Launches Global Women’s Economic Empowerment Initiative

Walmart Launches Global Women’s Economic Empowerment Initiative

16/09/2011 - 09:06
Effort Will Provide Opportunity for Hundreds of Thousands of Women around the World read more
No use crying: Dairy farmers in SA could soon be extinct

No use crying: Dairy farmers in SA could soon be extinct

13/09/2011 - 08:20
Dairy farmers in SA could soon be extinct, with almost two-thirds having already deserted the industry over a little more than a decade as their margins have shrunk .  read more
Counterfeit jerseys steal jobs

Counterfeit jerseys steal jobs

12/09/2011 - 16:54
Johannesburg - Thabo Sentletse* sells replica Springbok jerseys in the streets of Johannesburg for R200. read more
Consumer confidence dips sharply

Consumer confidence dips sharply

12/09/2011 - 16:48
Johannesburg - The First National Bank/Bureau for Economic Research (FNB/BER) consumer confidence index (CCI) dropped by 7 index points from +11 in 2Q2011 to +4 in 3Q2011. read more
Japan economy contracts 2.1%

Japan economy contracts 2.1%

12/09/2011 - 09:28
Tokyo - Japan's economy shrank in the second quarter at a faster pace than initially reported as companies held back on capital expenditure due to worries about a rising yen and faltering global growth. read more
Busa lowers 2011 growth forecast

Busa lowers 2011 growth forecast

12/09/2011 - 09:23
Johannesburg - Business Unity SA (Busa) has cut its economic growth forecast for this year from 3.4% to 3.1% after a meeting of its economic policy committee on Friday. read more
Business crime up, against the trend

Business crime up, against the trend

09/09/2011 - 08:49
The upward trend of crimes committed against businesses is worrying as it may affect their ability to contribute to the economy, says Institute of Security Studies researcher Lizette Lancaster. read more
‘Horrific’ fall in output for mining, factories

‘Horrific’ fall in output for mining, factories

09/09/2011 - 08:34
Manufacturing and mining output both plunged in July, reflecting a wave of strikes during the month and highlighting weakness in both sectors .  read more
Consumer spending on the rise

Consumer spending on the rise

09/09/2011 - 08:27
Johannesburg - A rising positive trend in consumer spending is present, according to the Spark Cash Index released by Spark ATM Systems on Thursday. read more
SA competitiveness creeps up

SA competitiveness creeps up

07/09/2011 - 13:15
South Africa has improved its ranking and remains the highest-ranked country in sub-Saharan Africa on the World Economic Forum's (WEF's) global competitiveness index, released on Wednesday. read more
Capital flight threatens economic freedom - Mbeki

Capital flight threatens economic freedom - Mbeki

06/09/2011 - 14:59
Moeletsi Mbeki says big companies taking capital out of SA is threatening economic freedom in the country read more
Scrap plans for more toll roads, says Cronin

Scrap plans for more toll roads, says Cronin

06/09/2011 - 14:25
Deputy Transport Minister proposes the government scrap future plans to construct toll roads across the country and instead redirect resources into improving public transport. read more
Zoellick: US not heading for recession

Zoellick: US not heading for recession

06/09/2011 - 08:52
Singapore - World Bank chief Robert Zoellick voiced confidence on Tuesday that the United States will not sink into another recession, amid widespread worries over the state of the world's biggest economy. read more
Credit growth stronger than expected

Credit growth stronger than expected

06/09/2011 - 08:49
Johannesburg - Growth in credit demand from South Africa's private sector ticked up to 5.65% year-on-year (y/y) in July from a slightly revised 5.28% in June, central bank data showed on Tuesday read more
SAB: Licence moratorium harms economy

SAB: Licence moratorium harms economy

02/09/2011 - 08:25
Johannesburg - A six-month moratorium on the issuing of new liquor licences in Gauteng is hurting the economy, SA Breweries (SAB) said on Thursday. read more
Faltering factories stir recession fears

Faltering factories stir recession fears

02/09/2011 - 08:18
London/Singapore - Factory activity worldwide stalled last month as new orders tumbled, a series of surveys showed on Thursday, heightening fears that the global economy may be heading for another recession. read more
China’s Shoppers Sling a Gucci ‘Lifeline’ to Faltering Hong Kong Economy

China’s Shoppers Sling a Gucci ‘Lifeline’ to Faltering Hong Kong Economy

31/08/2011 - 13:49
Queuing outside a Louis Vuitton shop in Hong Kong, Lin Shasha says she’s visiting from Shenzhen to buy leather belts and handbags because the products are genuine and her yuan goes further. read more
Consumers still wary of borrowing

Consumers still wary of borrowing

31/08/2011 - 13:39
Banking group Absa says that credit demand figures released by Statistics SA confirms banks had a tough task ahead convincing customers to borrow read more
Retail competition to increase imports

Retail competition to increase imports

29/08/2011 - 08:15
Johannesburg - Competition in the retail industry will force an increasing number of retailers to buy their products more cheaply overseas. But this can be to the detriment of local suppliers.  read more
Factory gate prices shoot up

Factory gate prices shoot up

26/08/2011 - 08:46
Johannesburg - Statistics South Africa said on Thursday producer inflation, which represents domestic output, quickened to 8.9% year-on-year (y/y) in July from 7.4% in June. read more
Food prices may push up SA inflation

Food prices may push up SA inflation

22/08/2011 - 08:13
Johannesburg - A median of 16 economists polled by Reuters is for South African consumer inflation to quicken to 5.2% year-on-year (y/y) in July from 5% in June.  read more
Weak retail sales indicate low second quarter GDP growth

Weak retail sales indicate low second quarter GDP growth

17/08/2011 - 16:41
Jeff Schultz, an economist at Absa Capital, said that even more important than the headline retail sales figure was that momentum growth in retail sales had slowed down significantly in the first quarter.  read more
Retail sales pick up

Retail sales pick up

17/08/2011 - 14:34
Johannesburg - Growth in South Africa’s retail sales quickened to 2.2% year-on-year at constant prices in June from an upwardly revised 0.2% in May, Statistics South Africa said on Wednesday. read more
Vehicle sales expected to slow

Vehicle sales expected to slow

17/08/2011 - 08:30
Johannesburg - The vehicle manufacturing industry is expecting sales growth to slow as the second half of 2011 looks set to be more difficult than the first, the National Association of Automobile Manufacturers of SA (Naamsa) said on Tuesday. read more
Fruit, vegetable sector ‘could yield many more jobs’

Fruit, vegetable sector ‘could yield many more jobs’

16/08/2011 - 11:38
Bureau says SA’s agricultural sector could create at least 400000 extra jobs if more attention was given to boosting the fruit and vegetable subsectors read more
Global food prices near 3-year highs

Global food prices near 3-year highs

16/08/2011 - 11:31
Washington - Global food prices held near three-year highs in July and stocks were low, piling on pressure on the world's poor, the World Bank said on Monday.  read more
Warning of spike in commodity and food prices

Warning of spike in commodity and food prices

15/08/2011 - 09:32
South Africans should brace themselves as commodity and food prices are expected to be a lot higher next year, driven mainly by unreliable weather, the Bureau for Food and Agricultural Policy says.  read more
India courting Africa

India courting Africa

12/08/2011 - 13:10
India said on Tuesday it expects to reach a preferential trading deal with the Southern African Customs Union by the end of the year as it seeks to expand its economic footprint on the African continent. read more
Sales dip threatens slump in economy

Sales dip threatens slump in economy

11/08/2011 - 10:16
Global instability in financial markets and major economies will knock consumer confidence in South Africa, hitting retail sales and bringing the spectre of a recession ever closer.  read more
Manufacturing output slows down in major economies

Manufacturing output slows down in major economies

10/08/2011 - 14:51
The euro-zone PMI, which gauges the activities of businesses, fell to 50,4 last month from 52 in June, its worst showing since September 2009 and barely above the 50 mark dividing growth and contraction read more
Consumer spending to underpin South Africa growth

Consumer spending to underpin South Africa growth

10/08/2011 - 13:32
Consumer spending is expected to underpin growth in the South African economy even as external uncertainties remain, the South African Reserve Bank said on Wednesday.  read more
The sweet fortunes of SA's confectionery market

The sweet fortunes of SA's confectionery market

02/08/2011 - 08:55
South Africa's confectionery sales climbed over 19 percent between 2006 and 2010, notes a recent overview of the country’s sweets and chocolate market by Leatherhead Food Research. Value sales of sugar confectionery, gum and chocolate in South Africa were worth R10.44bn in 2010, it says, adding market growth has been helped by World Cup 2010. read more