Swells in excess of nine metres at Cape Town Harbour prevented berthing as the third cold front in a quick succession of low pressure systems from Antarctica hit the Cape coast.
This past week, the Economic Transformation Committee of the African National Congress (ANC) and Business for South Africa (B4SA), each released their discussion documents about the post-COVID-19 inclusive economy for South Africa.
The latest estimate from the Crop Estimates Committee (CEC) points to a maize crop of 15.51 million tons in 2020 – of which 9 million tons is white maize.
The recapitalisation of the Land Bank announced by National Treasury last week has given the lender some breathing space by preventing imminent default on some of its debt that fell due in June and the near-term.
Official food inflation data in South Africa has traditionally been released with a 3-week lag, based on food price data in the preceding month.
Economic growth is created by the demand and supply side of the economy and driven by the profit motive and calculated on the basis of an internationally recognized and accepted methodology by Statistics SA.
