It’s complicated. That’s how one can describe SA’s economic outlook for the year given the events of the past three weeks. There are encouraging developments globally, though they will not improve our economic growth prospects. And there’s just too much noise locally, devoid of tangible progress on the economic reforms proposed by the Treasury in late 2019 as far as implementation is concerned.
There are some silver linings globally, with the US and China reaching a phase one trade deal this week that promises no further escalation of trade tensions. However, global trade economists in the know point out three things that in effect make this no game-changer. First, this trade deal does not reverse the affect of trade tariffs that were implemented until September 2019.
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WATCH | First electric truck launched in SA as SAB plans for greener liquor deliverySA Breweries' (SAB's) and AB InBev’s renewable-energy campaign has launched the first electric truck on SA shores. OOho!!!! Zimbos will tshontsha those batteries and its not funny anymore Don’t let Lesufi see this. He does not want any liquor and I agree. It is bad for our youth. Can we have this similar trucks around our schools so that we can use our smart board without any disruption and around the clinics, libraries that is a great investment but not for SAB please 🤔🙄😅
Source: TimesLIVE - 🏆 28. / 59 Read more »
WATCH | First electric truck launched in SA as SAB plans for greener liquor deliverySA Breweries' (SAB's) and AB InBev’s renewable-energy campaign has launched the first electric truck on SA shores. Our electricity is not completely green. So how is SAB going green? SABreweries delivers everywhere but on time.
Source: SowetanLIVE - 🏆 13. / 63 Read more »
Truworths posts slim sales gain in tough retail marketThe retailer says low consumer confidence and constrained spending in SA continue to hurt trading
Source: BDliveSA - 🏆 12. / 63 Read more »
Richemont says double-digit Chinese sales growth offset Hong Kong problemsSales grew 4% at constant exchange rates for its third quarter to end-December, boosted by strong growth in Europe and the Americas
Source: BDliveSA - 🏆 12. / 63 Read more »
LUMKILE MONDI: A good innings by Mabuza on a bumpy pitchDecision by the chair of Eskom to resign made easier by ANC driving SA to catastrophe When journalists are bribed these are the type of stories the write.. PravinMustGo ArrestJabuMabuza
Source: BDliveSA - 🏆 12. / 63 Read more »
Renowned SA musician Steve Fataar has died“We both had a penchant for tequila, but where I had it with the traditional lemon, he had it with an orange.” RIP Steve - a legend & true gentleman Your music was timeless .RIP
Source: TimesLIVE - 🏆 28. / 59 Read more »