Economy

Western Cape wheat crops expected to remain high despite floods

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December 1, 2023

Western Cape wheat crops expected to remain high despite floods

The decline in yields for the rest of the country was compensated for by increased productivity in the Western Cape, though oats and barley took a hit from floods

Transnet claims credit for clearing backlog at Port of Cape Town

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November 30, 2023

Transnet claims credit for clearing backlog at Port of Cape Town

However, other factors, including steep surcharges by international shipping companies, and rerouting to Maputo and Walvisbaai, have also contributed

Hedge funds, central banks and left-wing activists urge Treasury to liquidate reserves, print more money

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November 30, 2023

Hedge funds, central banks and left-wing activists urge Treasury to liquidate reserves, print more money

These groups directly benefit from these policies, though their effect on the long-term resilience of the national economy is generally negative

Ramaphosa pledges R1.5 trillion towards wind and solar

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November 30, 2023

Ramaphosa pledges R1.5 trillion towards wind and solar

The national debt is being expanded to add new, less reliable, but greener internationally subsidised sources of electricity to the grid

Freight experts: port disruptions threaten 60% of the economy

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November 30, 2023

Freight experts: port disruptions threaten 60% of the economy

The heads of the Road Freight Association and the SA Association of Freight Forwarders have expressed dire concerns about our port congestion

Karpowership gets approval for Saldanha Bay contract

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November 28, 2023

Karpowership gets approval for Saldanha Bay contract

The Turkish powership company has faced challenges from climate activists in KZN, but has managed to secure the west coast project without major hiccoughs.

Thousands of jobs to disappear as foreign companies leave and local businesses close

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November 28, 2023

Thousands of jobs to disappear as foreign companies leave and local businesses close

Several major international businesses, including Arcelor-Mittal, Volkswagen, Anglo-American, and the Jinchuan Group are retrenching thousands as the local economy contracts

Treasury update: Islamic bonds, currency rigging, and budget estimates

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November 25, 2023

Treasury update: Islamic bonds, currency rigging, and budget estimates

Curiously, BNP Paribas, despite being embroiled in the currency-rigging scandal, has been invited to be joint lead manager of the Treasury's new Islamic bond vehicle

PetroSA risking economic sanctions in suspicious tender with Russian petroleum giant Gazprom

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November 24, 2023

PetroSA risking economic sanctions in suspicious tender with Russian petroleum giant Gazprom

Following the leak of crucial documents, concerns have emerged that PetroSA is risking economic sanctions, aside from usual corruption risks

Economy

Western Cape wheat crops expected to remain high despite floods

Transnet claims credit for clearing backlog at Port of Cape Town

Hedge funds, central banks and left-wing activists urge Treasury to liquidate reserves, print more money

Ramaphosa pledges R1.5 trillion towards wind and solar

Freight experts: port disruptions threaten 60% of the economy

Karpowership gets approval for Saldanha Bay contract

Thousands of jobs to disappear as foreign companies leave and local businesses close

Treasury update: Islamic bonds, currency rigging, and budget estimates

PetroSA risking economic sanctions in suspicious tender with Russian petroleum giant Gazprom

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