Following a surge to an all-time high of 75 in the second quarter of this year, the Agbiz/IDC Agribusiness Confidence Index (ACI) retracted back to 67 points in the third quarter.

Now that the Constitutional Court has ruled that the local government election must be held between 27th October and 1st November 2021, parliamentary proceedings are to be paused from (10th September) until 2nd November (after the local poll). 

South Africa’s seasonally adjusted GDP grew by 1.2% in the second quarter of 2021, with the transport, storage and communications industry the largest contributor, increasing by 6.9% and contributing 0.5% to overall growth.

It’s been an eventful week on the Expropriation without Compensation front.

The Beer Association of South Africa (BASA) is lobbying the government to change how beer is taxed in South Africa.

The latest official unemployment rate of 34.8% confirms that 7.8 million South Africans are without jobs, while various reports suggest that almost two out of every three individuals in the 18-34 age group are unemployed and unlikely to ever find regular work.