The Consumer Goods and Services Ombud (CGSO) has published a new note on some of the most complained about businesses in South Africa, and those that are most likely to take your money and run. Source: BusinessTech
Windfall revenue from high commodity prices and changes to the way gross domestic product is calculated have brightened the outlook for South Africa’s economy. Source: BusinessTech
The social distress grant, reinstituted after July’s riots, is not expected to be permanent and is expected to be replaced by a form of basic income grant (BIG), says Investec chief economist Annabel Bishop. Source: BusinessTech
Government and the business sector has announced a number of incentives for South Africans who get vaccinated in South Africa. Source: BusinessTech
President Cyril Ramaphosa says South Africa is not the only country with power problems, and even affluent countries like the US have issues. Source: BusinessTech
According to the Heart and Stroke Foundation South Africa, this leads to nearly 70 deaths a day nationally. Source: BusinessTech
The latest Household Affordability Index by the Pietermaritzburg Economic Justice & Dignity group (PMBEJD) shows that food prices increased in October – and basket prices over the last 12 months have risen by 10%, far outpacing headline inflation. Source: BusinessTech
South African micro-lender, Barko, wants to launch a digital bank offering with Swiss banking software company Temenos. Source: BusinessTech
South Africa’s alcohol industry has warned of possible shortages in December, with the industry still grappling with the effects of multiple lockdown-related sales ban. Source: BusinessTech
The South African private healthcare industry has undergone considerable change over the past few years. Source: BusinessTech
