News South Africa Commodities: Best ways to invest in the South Africa market
South Africa is a rapidly growing economy with many investment opportunities. With its strong economic growth and attractive currency exchange rate compared to other emerging markets, it has become an ...
News South Africa Commodities: With 3.6% CAGR, Commodity Plastics Market 2023-2028 Find Out Essential Strategies To Expand The Business And Top Key Players | 107 Pages Report
Dec 27, 2022 (The Expresswire) -- Pre and Post Covid Report Is Covered | Final Report Will Add the Analysis of the Impact of Russia-Ukraine War and COVID-19...
News South Africa Commodities: South Africa's mining production down 10.4% y/y in Oct
South Africa's mining output decreased by 10.4% year-on-year in October, with platinum-group metals (PGMs), gold, diamonds and manganese ore having made the biggest negative contribution. Financial services provider Nedbank's economics unit pointed out that this marked the ninth consecutive month of decline in mining production. "Erratic power supply, inflationary pressures, supply chain disruptions and the challenges associated with illegal mining continued to restrict production," it noted in a December 13 statement.
News South Africa Commodities: S.African stocks fall as commodity shares tumble, retail sales data disappoints
South African stocks dropped about 2% on Wednesday, weighed down by a slump in commodity-focused shares and as weak local retail sales data raised concerns about consumer spending power in a high inflation economy.
News South Africa Commodities: South Africa’s GEPF feels inflation’s impact
Sifiso Sibiya, head of investments at GEPF, explains his strategy to stop inflation battering the portfolio. But while GEPF has the ability to diversify more, the pension fund is still overwhelmingly exposed to the South African economy.
News South Africa Commodities: BRICS’s de-dollarisation project is an inevitability: South Africa’s lessons from India
Disruption in shipping, shortages of fertiliser and increases in fuel prices have increased primary agricultural inputs by more than 100% since January 2021.
News South Africa Commodities: How a strong dollar affects international currencies & commodities
Inflation is the ‘flavor of the year’ as economies swing into the aftermath of the pandemic, with central banks tightening monetary policy to manage dips in their own currencies and curb the rise in ...
News South Africa Commodities: The Dysfunctional Company That's Wrecking South Africa's Economy
(Bloomberg Markets) -- In late June, the coldest part of the Southern Hemisphere winter, the power went out in South Africa. For as many as eight hours a day, right into early July, traffic lights went dark, factories and offices shut down, and meals had to be served cold.Most Read from BloombergGermany Suspects Sabotage Hit Russia’s Nord Stream PipelinesEverything-Selloff on Wall Street Deepens on 98% Recession OddsGoldman and BlackRock Sour on Stocks as Recession Risk RisesStocks, Commodities
News South Africa Commodities: South African Jobless Rate Declines for First Time Since 2020
(Bloomberg) -- South Africa’s unemployment rate fell for the first time in seven quarters as the manufacturing and mining industries added jobs to meet demand for commodities stoked by Russia’s war with Ukraine and the government employed more people through its public-works program.Most Read from BloombergStocks Trim Gains as Inflation Concerns Increase: Markets WrapNATO Should Think Twice Before Accepting Finland and SwedenEU Leaders Back Push to Ban Most Russia Oil Over Putin’s WarBiden to Me
News South Africa Commodities: Commodity boom remains untapped as South Africa fights rail woes
South Africa is missing out on some of the riches on offer from the commodities boom as a rail network beset by problems hobbles its exports. While coal prices recently soared to a record and iron ore is historically high, miners are being forced to stockpile supplies as state-owned Transnet SOC’s rail network buckles under issues from cable theft to breakdowns, compounded by years of corruption. Last year alone, more than $2-billion in potential coal, iron ore and chrome exports were lost, an industry group said.
News South Africa Commodities: South Africa could help to fill agricultural-commodity gap arising from the Russia-Ukraine war
Africa imported $4-billion worth of agricultural products from Russia in 2020. Of the total, 90% was wheat and 6% sunflower oil ...
News South Africa Commodities: South Africa benefits from commodity prices, but rising inflation still a risk – KPMG
The ongoing conflict in Ukraine is set to lower global growth prospects and increase inflationary pressures across the world, professional services firm KPMG states in its latest ‘Global Economic Outlook’ report. The bi-annual report provides economic forecasts and analysis from the global organisation’s team of economists in territories and regions throughout the world, including South Africa.
News South Africa Commodities: Biden, South Africa's Ramaphosa discuss impact of Ukraine crisis on food security
U.S. President Joe Biden and South African President Ramaphosa in a phone call on Friday discussed the impact of the Ukraine crisis on commodity prices, supply chains and food security in Africa, the White House said in a statement.
News South Africa Commodities: How to invest for the possibility of higher inflation and interest rates in South Africa
The investing world could look quite different over the next 10 years, characterised by higher inflation and interest rates.
News South Africa Commodities: Ugandan farmer to export garlic to South Africa
Fort Garlic Farm – the Ugandan producer and supplier of garlic, has signed a multi-million deal to export garlic to South Africa. We come to you. We are always looking for ways to improve our stories ...
News South Africa Commodities: South African stocks climb on strong commodity prices
South Africa's stocks firmed on Tuesday, boosted by strong commodity prices, with a year-end rally taking bullion to a more than one-month high.