[Source: http://www.dw.de/german-corporate-unease-in-south-africa/a-18078269 by Claus Stäcker.]
The visit to South Africa by Foreign Minister Frank-Walter Steinmeier began with a surprise. When his plane landed at the Waterkloof military air base, there was no police escort waiting for him. This is a courtesy normally extended to every visiting politician. A breach of protocol! An act of negligence, or an indication that South Africa doesn’t take Germany seriously any more as a partner, because China and the other BRICS nations (that’s Brazil, Russia and India) appear more important? Read more
[Source: http://today.moneyweb.co.za/article.php?id=792799&cid=2014-11-17#.VGliIpUcTIU by Magnus Heystek.]
If anyone reading this column still had any lingering hopes that SA is not hurtling towards being a failed state, then I’m sure these hopes were finally dashed by what happened in Parliament on the evening of November 13 2014. Read more
To the squatters marking it up this week with sticks, rocks and strips of plastic, so-called Malema Valley is a little slice of SA they want to call home.
To many others, including the government, the derelict land on Pretoria’s outskirts handed out by supporters of opposition firebrand Julius Malema is the thin edge of a land-grab wedge that could ultimately derail the country. Read more
[Source: http://www.polity.org.za/article/psyche-of-pessimism-gripping-sa-manufacturing-2014-11-13 by Terence Creamer.]
Respondents to the Manufacturing Circle’s quarterly Manufacturing Bulletin surveys have become increasingly pessimistic about the outlook for the sector, notwithstanding a recovery in output in September and improvement to the Purchasing Managers’ Index (PMI). Read more
[Source: http://www.ft.com/intl/cms/s/0/5c490d02-68e3-11e4-9eeb-00144feabdc0.html#axzz3IlCuoo9Z by Andrew Engels.]
The crisis blighting South Africa’s governing alliance deepened on Monday when seven unions pledged their support to the powerful metalworkers union, Numsa, after it was dramatically expelled from the main trade union federation over the weekend. Read more
58 780 000 (mid 2019 estimate)
4.3% y/y in August 2019 (CPI) & +4.5 y/y in August 2019 (PPI)
3.1% q/q (2nd quarter of 2019)
More information: Click here!