News in South Africa 27th October: 1. Warning signs for inflation: Producer price inflation (PPI) has grown, spelling bad news for South African consumers at the tills. According to Stats SA, September’s headline PPI increased from 4.3% in August to 5.1% in September – slightly worse than the Bloomberg consensus of 5.0%. The main contributors […]
News in South Africa 17th October: 1. Food insecurity warning: The number of people unable to meet their minimum food consumption needs in South Africa is expected to marginally decline to just under one in two by 2025, according to the World Data Lab. The firm, which conducted research for Shoprite Holdings Ltd.’s food index, […]
News in South Africa 7th September: 1. Worst areas for crime in SA: Although crime ticked downward in South Africa in the first quarter of 2023, the numbers still remain alarmingly high, with several neighbourhoods highlighted as being more dangerous than others. The latest South African Polic Service (SAPS) crime stats from April to June […]
News in South Africa 2nd June: 1. Unemployment rate record high: The statisticians conclude that the unemployment rate in SA is still climbing and that according to the Quarterly Labour Force Survey (QLFS) has reached the highest level since the introduction of the survey in 2008. The official unemployment rate increased to 32.6% in the […]
News in South Africa 14th May: 1. Powership tender rigged: Allegations are being made left, right and centre around the use of Turkish-made power ships, and the R255 billion contract scored by the one company who owns them. When Mineral Resources and Energy Gwede Mantashe announced preferred bidders in March, three of the eight preferred […]
