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Month: Jan 2019

South Africa’s Nine Lost Years

South Africa’s Nine Lost Years Commentary: 28 January 2019 The 1st March trade truce deadline is fast approaching. US President Trump is digging in his heels and has said he will refuse to soften his stance on intellectual property issues when trade talks with China resume at the end of this month. If the two …

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Wine Exports Up Despite Drought

Wine Exports Up Despite Drought   Despite a low-yielding harvest in 2018, thanks to the drought, South African wine exports were up 4% to bring in total revenue of R9.06 billion. “The increase reflects the positive sentiments towards South African wine in international markets,” said CEO of Wines South Africa (Wosa), Siobhan Thompson. This figure …

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Foreign Direct Investment in SA Rocketed by 446% in 2018 – These were the Hottest Sectors

Foreign Direct Investment in SA Rocketed by 446% in 2018 – These were the Hottest Sectors Foreign direct investment (FDI) into South Africa grew by 446% to $7.1 billion in 2018. This after sharp declines in FDI since 2014. President Cyril Ramaphosa aims to attract $100 billion in FDI by 2023. Foreign direct investment into …

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Africa Set for Moderate GDP Growth

Africa Set for Moderate GDP Growth Africa’s general economic performance is continuing to recover with the continent’s gross domestic product (GDP) growth projected to accelerate to 4% in 2019 and 4.1% in 2020. However, improved macroeconomic and employment outcomes require industry to lead growth, according to the 2019 African Economic Outlook report launched by the African …

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Many Crises, Few Leaders

Many Crises, Few Leaders Commentary: 21 January 2019              The World Economic Forum in Davos this week takes place against a backdrop of deepening gloom. We have much to contend with in 2019 – protectionism, populism, fractious international relations, a disorderly Brexit and fears over global growth. Trump is not …

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Trade Conditions to Remain Subdued Warns the South African Chamber of Commerce and Industry

Trade Conditions to Remain Subdued Warns the South African Chamber of Commerce and Industry (Sacci) The South African Chamber of Commerce and Industry’s (Sacci’s) trade conditions survey for December showed that activity had improved slightly on November, if adjusted for seasonal factors, while six-month prospects remained subdued. The seasonally adjusted Trade Activity Index (TAI) was …

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