Rental fleet sales hold back new car market
South Africa’s new vehicle industry had a less-than-ideal start to the year, with an 8.9% year-on-year decline in new vehicle sales. A total of 45 888 new vehicles were sold in January 2018, compared with 50 386 units in the same period last year. However, this decline in sales attributed almost... Read more
Fuel price set to increase in August
The price of petrol is expected to increase by 19 cents a litre from Wednesday, the Department of Energy announced. In a statement issued on Friday, the department said the main reasons for the petrol increase was the slight decline in the rand against the US Dollar Exchange rate... Read more
Agrarian reform key to inclusive economic growth
Deputy President Cyril Ramaphosa says concerted action must be taken to speed up reforms in the agriculture sector so that more marginalised people can be brought into the mainstream economy. “It is productivity growth in agriculture that provides the food supply to meet the demands of urban growth and... Read more
ECDC- High failure of cooperatives needs urgent attention
Cooperatives key to social entrepreneurship to deal with economic challenges The key to success of co-operatives is business skills, understanding of the legislative prescripts and matching products produced by co-operatives to market needs. Market access in particular relies heavily on quality and standards, currently lacking within the co-operative sector.... Read more