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August 2023

Relief For South Africa’s Economy

31 August 2023 – Despite the pain of load shedding, South Africa’s GDP for Q2 is expected to see growth. Bank of America (BofA) Global Research said that the moderating power cuts in June compared to April and May should help boost economic activity. In addition, mining and manufacturing data for Q2 showed better-than-expected growth […]

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Logistics Fixes Critical For Better Agricultural Outlook Up To 2023

21 August 2023 – Research organisation the Bureau for Food and Agricultural Policy (BFAP) finds in its latest outlook for the agriculture sector over 2023 to 2032 that the sector is experiencing mounting pressure and challenges that are hampering the extent to which it can continue contributing to gross domestic product (GDP). Speaking during the

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South Africa Taking An Average Of 25 Months To Complete Tariff Investigations

17 August 2023 – It is currently taking an average of 25 months for government to complete import duty investigations and to provide the necessary Ministerial approvals for the South African Revenue Service to implement duty increases or reductions, a new report shows. Compiled by XA Global Trade Advisors, the analysis also highlights a marked slowdown in

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