News in South Africa 10th May: 1. Good news for food prices: South Africans can breathe a sigh of relief as experts predict that food inflation is set to decelerate this year. Consumers have been facing a tough economic climate, with inflation, interest rate hikes, and load shedding all taking their toll. According to Stats SA, […]
News in South Africa 18th January: 1. Food shocker due to load shedding: The price of some staple food groups is expected to rise as load shedding takes its toll on the agricultural sector, says Christo van der Rheede, an executive director at Agri SA. Speaking to 702, Van der Rheede said that load shedding is […]
News in South Africa 20th May: 1. Retrenchments on the rise: In early 2020, insurance group Liberty was processing about 10 retrenchment claims a month. But five months after Covid-19 struck, that number increased six-fold. Liberty’s retrenchment claim statistics for 2020, released on Wednesday, give an indication of just how many people lost their jobs […]
News in South Africa 2nd October: 1. Sasol to sell 50% of US project: Sasol has agreed to sell a 50% stake in its US base chemicals business to LyondellBasell Industries for $2 billion to help pay down debt. The unit will become a joint venture between the South African company and the US chemicals […]
