Economy / General

Clothing and footwear retail sales growth now also losing momentum

Results from the latest EY / Bureau for Economic Research (BER) Retail survey reveal that the growth in retail sales volumes remained modest during 2013Q3.[2] However, according to Derek Engelbrecht - Retail and Consumer Products Sector leader at EY, sale

South African business hampered by skills conundrum

Systemic constraints are holding back South Africa’s economy and playing havoc with efforts to jumpstart growth and employment. The latest labour force figures from Statistics SA released during August paint a bleak picture of official unemployment rising

Coface: South African Economic Report to July 2013

South Africans are starting to spend again

South Africans are spending money at levels that seemed impossible only a year ago, encouraging the economy to claw its way back into a more solid growth phase. This is according to the latest BankservAfrica Economic Transaction Index (BETI).