The dreaded return of stage 6 load-shedding, as well as the expectation that significant power cuts will continue for at least the next six months, puts further pressure on the economy in Q4 and into 2023, says the Bureau for Economic Research…
Seven of the ten manufacturing divisions reported positive growth rates in the third quarter with motor vehicles, parts and accessories and other transport equipment division making the largest contribution to the increase in the third quarter.
Statistics South Africa has announced that 204 000 jobs were gained between the second quarter of 2022 and the third quarter of 2022, with a total of 15,8 million persons employed in the third quarter of 2022.
“The key milestone agreed to at COP27 was on financial arrangements to address loss and damage due to climate change. COP27 agreed to set up a fund on loss and damage. It established a Transitional Committee to work on the modalities of this…
“The commitments that were made must be honoured because failing to honor these commitments, breaks, trust and confidence in the process,” says South Africa's President, Cyril Ramaphosa.
"Collaboration will be the name of the game going forward. The days of 'closed corporate strategies' are behind us and players in renewable energy cannot afford to 'go it alone,'" said President and CEO of Sasol, Fleetwood Grobler in PSG's recent…
This is a significant development for South Africa’s Just Energy Transition to renewable energy as it brings the much-needed funding to enable Eskom to train its employees and members of the host communities to empower them to continue playing…
"As global warming intensifies, we are likely to see more frequent droughts over the next decade. These droughts are limiting activity in the energy sector, highlighting the need for diversification in power supply," says Irene Lauro, Environmental…
To be able to decarbonise shipping as envisaged in the greenhouse gas (GHG) strategy, the spirit of co-operation among all stakeholders must be a golden thread that enables us to remove barriers that may impede investments and transfer of greener…
“We want to bring infrastructure investment and expertise to South Africa to address our immediate challenges whilst growing bi-lateral trade between our nations and regions. Our aim is to create opportunities for collaboration with partners…
The pound temporarily hit an all-time low against the US dollar of $1.035 on Monday (26 September). This was partly on the back of concerns about the new chancellor of the exchequer Kwasi Kwarteng's 'mini budget' (23 September) but follows a…
Sue Noffke, Head of UK Equities, Andy Brough, Head of Pan-European Small and Mid Cap Team and Jean Roche, Fund Manager, Pan-European Small and Mid Cap Team at Schroders examine the challenges facing Liz Truss, the new UK prime minister.
We believe the biggest risk in global markets is viewing the most recent 10 years of low inflation and interest rates as the likely outcome going forward, says Lyle Sankar – Head of Fixed Income at PSG Asset Management.
As the worst of the pandemic is winding down, the global economy suffered yet another blow with Russia’s invasion of the Ukraine sending commodity prices soaring, causing new supply chain challenges and raising the cost of food and fuel, says…
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