Global Economics Intelligence executive summary, December 2020

15 January 2021. A fast economic recovery, led by manufacturing and trade, is challenged by a resurgent pandemic; a Brexit deal is signed at the wire. Read more…


Fresh Plaza News

10 December 2020. South Africa: Quarter three GDP results confirm agriculture continues to shine. Read more…


Global Economics Intelligence executive summary, November 2020

8 December 2020. The global economic recovery strengthened alongside a resurgent wave of COVID-19 cases; with vaccines on the horizon and easing US political uncertainty, investor confidence climbed. Read more…


Business confidence reaches 2-year high

26 November 2020. The Bureau for Economic Research (BER) said yesterday that economic growth for 2021 remained “highly uncertain” in spite of business confidence rebounding significantly in this year’s fourth quarter. Read more…


Easing of restrictions on alcohol sales a welcome relief for industry

12 November 2020. Liquor trading returns to pre-lockdown hours, with bottle stores and other retailers now able to sell liquor for off-site consumption over the weekend and during all licensed trading hours. Read more…


Level 1: Alcohol industry concerned about off-consumption restrictions

18 September 2020. South Africa’s alcohol industry welcomed today’s announcement by the government to place the entire country on Alert Level 1, but raised concerns about the continued restrictions for off-consumption sales of alcohol which will now include Fridays and the curfew being extended to midnight. These measures will come into effect at midnight on Sunday, 20 September. Read more…


GDP statistics: Agriculture is the economy’s backbone

15 September 2020. The gross domestic product (GDP) statistics released by Stats SA has indicated a decline of 51% in the second quarter of 2020. This is the fourth consecutive quarter decline since the second quarter of 2019 catapulted South Africa’s economy into a recession. Read more…


Global Economics Intelligence executive summary

10 September 2020. Economic indicators improved and trade began to recover; output and demand are still below pre-COVID-19 levels; recovery in the US, Brazil, and India is impaired by the ongoing public-health crisis. Read more…


Covid-19 has hit SMEs in SA’s food sector hard. What can be done to help them?

8 September 2020. Covid-19 has prompted widespread discussion of the resilience of food systems and how efficiency and competitiveness have been previously understood. Read more…


Extension to deferment periods on excise duty payments

31 August 2020. Due to the lockdown restrictions on the sale of alcoholic beverages and tobacco products in South Africa, the National Treasury implemented a deferment of excise duties for excise compliant businesses in respect of payments due in May and June 2020. The deferment facility allows taxpayers to defer tax payments without interest or penalties levied. Read more…