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Collaborative consumption

Sharing resources, skills or ideas is not a new concept, but the rise of the sharing economy is mainly due to the saturation of markets and exorbitant pricing models.  Finding creative ways to make use of underutilised resources, whilst driving cost-efficiency, has borne the concept of peer-to-peer services.

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Affordable housing prioritised in the Western Cape

Bonginkosi Madikizela, Western Cape Provincial Minister of Human Settlements, is currently embarking on an outreach programme to all the municipalities of the Western Cape in order to reinforce his department’s three strategic goals. Minister Madikizela is also ensuring that municipal business plans are aligned with the Department’s strategic priorities. The engagements are taking place with all the Western Cape mayors during January and February 2017.

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Tough times, but SA wine industry is tougher

The South African wine industry is going through some tough times, but sustainable growth is on the cards. What’s needed is a clear game plan, a stronger domestic market focus, ingenious marketing and a collective drive towards higher price points.

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Expect slowing property price growth in 2017, with a few exceptions

The residential property market has had its ups and downs during 2016 as the economy stagnates, the Reserve Bank started hiking interest rates again and consumers struggle with household debt-to-income. What's in store for 2017; slowing property price growth - with a few notable exceptions - an increase in demand for smaller properties, specifically sectional title, and a tightening of the belt when it comes to household savings.

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The Department of Energy gives insight on the adjustment of fuel prices

The Department of Energy informs the public of the fuel price adjustments for October 2016. South Africa’s fuelprices are adjusted on a monthly basis, informed by international and local factors. International factors include the fact that South Africa imports both crude oil and finished products at a price set at the international level, including shipping costs.

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Weak rand; drought sends SA food prices rising

The drought and rapid depreciation of the rand have led to a rise in food prices, hitting poorest South Africans hard.
Alan Winde, Minister of Economic Opportunities, today (12 August 2016) delivered the opening address at the launch of the latest annual baseline produced by the Bureau for Food and Agricultural Policy (BFAP).
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