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June 2021

SA’s Competitiveness Slips In Global Rankings On Economic Deterioration

28 June 2021 – South Africa’s global competitiveness has slipped to 62 out of 64 countries rated according to the 2021 World Competitiveness Yearbook (WCY). The slide is attributed to deteriorating headline and youth unemployment, rising public debt levels amid a shrinking fiscal space, lack of decisive plans to revive the struggling economy, ongoing electricity

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Pandemic Accelerated Digital Investment

24 June 2021 – The fast-moving consumer goods (FMCG) industry has undergone substantial transformation, driven by the ongoing Covid-19 pandemic. Characterised by high volumes and low profit margins, the sector has seen demand for some products increase significantly, while others have become stagnant – and even obsolete – as consumer buying patterns have changed.  According

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Global Container Shortages Eroding Citrus Exporters’ Profits

18 June 2021 – South Africa’s citrus industry is currently under economic pressure due to the global shortage of shipping containers, primarily as a result of COVID-19-related trade restrictions. According to independent maritime research consultancy Drewry’s Composite World Container Index, freighting rates increased 4,1% or US$263 (about R3 623) to US$6 726,87 (R92 660) per 40ft container. This

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