Results for slump

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Large infrastructure projects - galvanising government into action
Large infrastructure projects - galvanising government into actionArticle

South Africa is facing a recession of enormous proportions following the Covid-19 health crisis which exacerbated our existing economic woes. Infrastructure-led economic growth is generally considered to be a very effective way...

Charles Marais 15 Sep 2020

Post-Covid-19: What lies ahead for SA's commercial property market
Post-Covid-19: What lies ahead for SA's commercial property marketArticle

Speaking during a recent PSG Think Big series webinar, Estienne de Klerk, CEO of Growthpoint Properties, said, "Commercial rentals haven't gone mad; rates and taxes have...

10 Sep 2020

Risenga Maluleke, statistician-general
GDP contracts by 51% under lockdownArticle

The South African economy contracted by a staggering 51% in Quarter 2 of 2020, as the country reeled from the consequences of the Covid-19 enforced lockdown...

8 Sep 2020

Localisation: Supporting a strong recovery in SA manufacturing
Localisation: Supporting a strong recovery in SA manufacturingArticle

Many people re-discovered their enthusiasm for local production during the disruptive, bewildering early days of the pandemic. The result is 'localisation', an emerging trend that could revitalise local factories...

1 Sep 2020

Religious tourism has been hit hard in the pandemic as sites close and pilgrimages are put on hold
Religious tourism has been hit hard in the pandemic as sites close and pilgrimages are put on holdArticle

As religious sites put pilgrimages on hold, a whole industry in travel, transport and accommodation takes a hit...

Faizan Ali and Cihan Cobanoglu 28 Aug 2020

Has Covid-19 triggered a fundamental shift in SA's housing market?
Has Covid-19 triggered a fundamental shift in SA's housing market?Article

The near-universal lockdown of global economies earlier this year as governments attempted to contain the coronavirus is unprecedented...

Dr Andrew Golding 18 Aug 2020

Construction industry cannot afford Covid-19 non-compliance
Construction industry cannot afford Covid-19 non-complianceArticle

Failure by construction industry players to comply with Covid-19 hygiene regulations and protocols could lead to site shutdowns which the industry can ill afford...

Morag Evans 29 Jul 2020

Lockdown transaction data reflects acceleration of e-commerce in SA
Lockdown transaction data reflects acceleration of e-commerce in SAArticle

South Africans have historically been cautious about shopping online, but faced with the realities of lockdown restrictions have turned to online shopping in unprecedented numbers since the start of 2020...

28 Jul 2020

Home buyers responding to interest rate cuts
Home buyers responding to interest rate cutsArticle

The further reduction of the repo rate by 25 basis points to an all-time low of 3.5% takes the prime interest rate down to 7%...

Dr Andrew Golding 24 Jul 2020

Getty
SA retail trade sales plunge to record lowsArticle

Stats SA reports that South African retail sales plunged by a record 50.4% in April and 12% in May.

24 Jul 2020

Image: Getty/Gallo
Recovery plan proposed for mining and energyArticle

The economic backlash of Covid-19 has prompted the government to come up with a recovery plan intended to restore business confidence, stimulating investments as well as safeguarding and creating jobs in the mining and energy sector.

22 Jul 2020

Brand South Africa and Brand Finance announce top 50 South African brands
Brand South Africa and Brand Finance announce top 50 South African brandsArticle

As the Covid-19 pandemic wreaks havoc on the global and national economy, South Africa's top 50 most valuable brands could lose up to 15% of brand value cumulatively, a drop of over R65bn compared to the original valuation date of 1 January 2020, according to the latest Brand Finance South Africa 50 2020 report...

Issued by Brand South Africa 9 Jul 2020

How property markets are faring as global lockdowns ease
How property markets are faring as global lockdowns easeArticle

Now that the majority of countries are loosening restrictions, following Covid-19-related lockdowns which negatively impacted the global economy...

8 Jul 2020

Covid-19 recession cuts deep into automotive industry
Covid-19 recession cuts deep into automotive industryArticle

This is the time for automotive companies to formulate strategies to bounce back and recover from the current economic slump caused by Covid-19, says GlobalData...

10 Jun 2020

#LockdownLessons: A pause to reflect on sustainable production
#LockdownLessons: A pause to reflect on sustainable productionArticle

Sitting Pretty is a conscious fashion brand designed and manufactured in Cape Town...

Lauren Hartzenberg 3 Jun 2020

#LockdownLessons: Adopt and adapt as we enter a new age with increased competition
#LockdownLessons: Adopt and adapt as we enter a new age with increased competitionArticle

Casian Dendere, chief executive officer of COENG, shares his experience of the current Covid-19 crisis and how his organisation is navigating these unusual times...

Sindy Peters 28 May 2020

#LockdownLessons: As we look for and leverage opportunities, we must remember our shared humanity
#LockdownLessons: As we look for and leverage opportunities, we must remember our shared humanityArticle

Paul Stevens, CEO of Just Property, shares his experience of the current Covid-19 crisis and how his organisation is navigating these unusual times...

Sindy Peters 20 May 2020

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The Covid-19 impact on global shipping and SA's economyArticle

The economic impact of the global lockdown is harshly felt, with the global freight and shipping industry being the biggest casualties...

20 May 2020

Respond, restart and re-create to survive the lockdown
Respond, restart and re-create to survive the lockdownArticle

The outbreak of Covid-19 has caused disruption across the globe and has led to two simultaneous crises...

Kavir Bhoola 14 May 2020

Global food commodity prices drop in April
Global food commodity prices drop in AprilArticle

FAO expects subdued usage to push up cereal stocks in 2019/20 and FAO's first forecast for wheat markets in 2020/21 points to continued growth in inventories...

7 May 2020

The street market at Mont-Bouët in Libreville, Gabon. The country was one of 10 on the continent downgraded this year. Getty Images
Why downgrading countries in a time of crisis is an exceptionally bad ideaArticle

A number of rating agencies have downgraded emerging market economies during the Covid-19 pandemic. Their actions have raised the question: why do so during a crisis?

Misheck Mutize 4 May 2020

Image source:
#Covid19: Keeping Africa fed as the disease bitesArticle

Research sponsored by the African Union suggests that if nations on the continent were free from child malnutrition, they could see their GDP expand by as much as 16%...

Qu Dongyu, Josefa Sacko and Thokozile Didiza 4 May 2020

Image source:
AU study: Covid-19 could cost Africa $500bn, damage tourism and aviation sectorsArticle

Up to 20 million jobs in the formal and informal sectors in Africa could be lost because of Covid-19, according to a new study by the African Union...

Kingsley Ighobor 17 Apr 2020

Align your home loan to a Covid-19 payment relief programme
Align your home loan to a Covid-19 payment relief programmeArticle

If your personal or business financial plan is in disarray as a result of SA's lockdown measures, this could be your solution....

Issued by Private Property South Africa 3 Apr 2020

Car dealerships should consider going digital
Car dealerships should consider going digitalArticle

To mitigate a likely slump in car sales during the coronavirus pandemic, automotive original equipment manufacturers (OEMs) and car dealerships should consider online services...

2 Apr 2020

For public transport to keep running, operators must find ways to outlast coronavirus
For public transport to keep running, operators must find ways to outlast coronavirusArticle

Many operators have lost almost all their fare revenue. Even those who operate on contract terms that reduce the impact of falling patronage must bear the costs of disinfection and other precautions...

Yale Z Wong 30 Mar 2020

Image source:
Africa posts fastest air cargo growth against 3.3% global slumpArticle

The air cargo industry started the year on a weak footing...

5 Mar 2020

Consumer sentiments about South Africa's economic outlook
Consumer sentiments about South Africa's economic outlookArticle

In order to understand the sentiments of South African consumers, professionals and business decision-makers about the economic scenario, Borderless Access recently conducted a study...

Issued by Borderless Access 2 Mar 2020

Contractors beware of new clauses in road tender deals
Contractors beware of new clauses in road tender dealsArticle

Sanral's recent tenders for the upgrades to the N2/N3 are worth millions, which is is great news for contractors in a sector that is in slump. But, law specialists warn that amendments to Sanral's standard contract make it much more difficult for contractors to deal with disruptions...

30 Jan 2020

How to manage productivity dips following the festive season
How to manage productivity dips following the festive seasonArticle

It's no surprise that January and February weigh in as the least productive months of the year with most South Africans still stuck in a post-holiday slump, which can last for several weeks...

20 Jan 2020

#BizTrends2020: SA's transition to a cleaner, greener economy
#BizTrends2020: SA's transition to a cleaner, greener economyArticle

South Africa is taking strides towards transitioning to a cleaner green economy, with the country's approved 2019 Integrated Resource Plan (IRP) being gazetted...

Ntombifuthi Ntuli 9 Jan 2020

Cookhouse Windfarm
Renewables unlock economy opportunitiesArticle

As South Africa's energy sector transitions from high dependency on coal for electricity production to clean energy sources such as wind and solar PV, there are several growth opportunities that can be realised in the economy...

21 Nov 2019

Africa's oil & gas industry poised for further growth
Africa's oil & gas industry poised for further growthArticle

The global energy market is in an exciting phase of transition and disruption, which is likely to position gas ahead of coal by 2030 to become the world's number two fuel...

4 Nov 2019

The business case for outsourcing corporate training
The business case for outsourcing corporate trainingArticle

There are bottomline and social reasons why running in-house technical training centres should be reconsidered. Here we unpack the implications of keeping corporate training centres on the books in a sluggish economy...

Sean Jones 1 Nov 2019

#TourismMonth: Fall in love at the Drakensberg
#TourismMonth: Fall in love at the DrakensbergArticle

Full disclosure: I was born and raised in KwaZulu-Natal, so the province already holds a special place in my heart. Few things get me right in the feels like going home...

Sindy Peters 6 Sep 2019

Area 4, Rovuma Basin, Mozambique
Oil & gas set to be the backbone of African growthArticle

A string of successful exploration projects over the last decade has seen the number of African countries with proven oil and gas reserves rise to 28...

28 Aug 2019

CONMESA notes accelerated decline in construction, mining equipment sales
CONMESA notes accelerated decline in construction, mining equipment salesArticle

According to figures released by the Construction and Mining Equipment Suppliers' Association (CONMESA), construction and mining equipment sales continued to decline for the third quarter in a row...

8 Aug 2019

SAIA KZN announces awards winners, inducts 2019/2020 president
SAIA KZN announces awards winners, inducts 2019/2020 presidentArticle

On Friday, 2 August, the South African Institute for Architects - KwaZulu-Natal Region (SAIA KZN) announced the winners of its 2019 Awards for Architecture and inducted its 2019/2020 president, Patrick Smith...

5 Aug 2019

Kevin Lings, chief economist at Stanlib
SA investors need to fall out of love with equitiesArticle

South Africa's equity market capitalisation equates to more than 200% of the country's gross domestic product (GDP), the highest proportion in the world and a level that is simply not sustainable...

29 Jul 2019

IATA: Global passenger demand shows strength despite slow trend growth
IATA: Global passenger demand shows strength despite slow trend growthArticle

The International Air Transport Association has released its global passenger traffic results for May 2019. The results show that demand rose by 4.5% compared to the same month in 2018...

5 Jul 2019

Christiaan Liebenberg, software product manager, BME
Productivity drives mines' approach to technologyArticle

Mining companies are starting to think differently about how they approach digitisation and automation to improve productivity...

Christiaan Liebenberg 3 Jul 2019

President Cyril Ramaphosa
Government at work to address economic growthArticle

President Cyril Ramaphosa has assured potential investors that South Africa is pulling out all the stops to ensure that the country comes out of the economic slump and moves into top gear as far as the economy is concerned...

15 May 2019

Image source: Gallo/Getty.
Timing is everything when it comes to marketingArticle

When it comes to business, timing is everything. However, this is a factor that is often overlooked by many companies, especially those with small teams and even smaller budgets...

Louise Robinson 10 Apr 2019

Dr Adrian Saville, CEO of Cannon Asset Managers
It's all going to the dogsArticle

One of the first principles in investing is to buy low and sell high. A second principle is to avoid the risk of doing the exact opposite, namely buying high and selling low...

Adrian Saville 1 Apr 2019

SA retail sales slump in December
SA retail sales slump in DecemberArticle

Retail sales declined 1,4% year-on-year in December 2018, with five of the seven types of retailer reporting negative growth rates during the period, according to the latest figures from Stats SA...

14 Feb 2019

There’s no painless way for South Africans to deal with the power utility crisis. Shutterstock
Explainer: why South Africa's energy generator is in so much troubleArticle

Eskom is by far the largest of South Africa's many state owned companies. This near monopoly power utility is in crisis. It's the single largest threat to South Africa's economy...

Rod Crompton 13 Feb 2019

Lesetja Kganyago, governor of South Africa’s central bank. EPA-EFE/Pete Marovich
Explainer: South Africa's central bank - ownership, mandate and independenceArticle

In recent months, various debates about the South African Reserve Bank have focused broadly on three aspects - its shareholding, its mandate and its independence...

28 Jan 2019

WesBank forecasts decline in new vehicle sales
WesBank forecasts decline in new vehicle salesArticle

According to WesBank, South Africa's new vehicle sales are set to decline 1.0% in 2019...

25 Jan 2019

Western Cape construction industry outlook for 2019
Western Cape construction industry outlook for 2019Article

As we head into a new year, there are a number of factors which are likely to impact the amount of work on offer in our region and the resultant profitability of the general building contracting fraternity...

Allen Bodill 24 Jan 2019

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New Year's messages from agri leadersArticle

The agriculture sector survived a year of rising uncertainty in 2018, but with the national election and the threat of drought looming, 2019 will be every bit as challenging. According to leaders in the sector, farmers will have to be resilient and partner with the right role players to face the trials that await.

11 Jan 2019

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