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Tag: recovery

Cape Town retail sector continues robust recovery

The Cape Town CBD’s retail economy bounced back strongly in 2022 following challenging times during the pandemic, with the total number of retailers operating in the inner city surpassing pre-Covid-19 levels.  This...

Why the ‘new SAA’ can (and will) succeed, writes SAA Interim Chief Financial Officer,...

South African Airways (SAA) is poised for growth  It has now been nearly two years since SAA emerged from its business rescue process in 2021, a process that led to an extensive...

Slight upswing for salaries in February

Latest BankservAfrica salary data suggests job market is stabilising Take-home pay tracked in the BankservAfrica Take-home Index (BTPI) showed a slight recovery in February 2023. The latest data on the number of...

Job statistics cause for “cautious optimism” – President Ramaphosa

President Cyril Ramaphosa says the latest employment figures – which show a decline in the unemployment rate for the second quarter of 2021 – are cause for cautious optimism in the...

Business events sector critical for tourism sector recovery

“The future for our African continent is bright. It is now time for our country, South Africa, to reclaim our place as an attractive tourism and business events destination,” these were...

Joint action now urgently needed to halt Construction Mafia

Years of disruption by construction mafias in the civil engineering sector are holding back South Africa’s recovery, and all parties now need to throw their support behind efforts to eradicate this...

Manufacturing sector facing a ‘stop-start’ recovery

RISKS related to the fourth wave of the Covid-19 pandemic and uncertainty regarding load shedding continue to weigh on local manufacturers, despite positive news regarding domestic and export sales volumes as...

Hopes of recovery for SA furniture manufacturers as retailers expand local sourcing

The next 36 months hold promise for the local furniture manufacturing industry, states the eThekwini Furniture Cluster (EFC), which states that its market research among prominent South African furniture retailers have...

SA wine industry calls on Government to support recovery and growth

The South African wine industry calls on Government to join hands in rebuilding the sector towards a sustainable future by creating an enabling environment through sound policy decisions, infrastructure investment, stricter...

Hacking and looting hamper recovery in the Freight Transport sector

THE recent looting and unrest have had a massive impact on the majority of sectors measured by the Ctrack Freight Transport Index. The Ctrack Freight Transport data shows a split set of...

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South Africa can become a global hub for making batteries for...

For the country to become a player in the alternative powered vehicle market, it needed to provide clarity on its battery manufacturing plans and...

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