Business

SA alcohol industry sobers up

Johannesburg - The CEO of the Beer Association of South Africa Ms Patricia Pillay says 30 percent of the country’s local breweries have permanently closed since alcohol bans were implemented last year as part of the government’s COVID-19 control measures. Ms Pillay said the recent extension of adjusted the level three lockdown, which further prohibits the sale and distribution of alcohol, could be the final nail in the battered sector. ...Read More

‘Commodity prices to remain tight’

Harare - The African Import and Export Bank (Afreximbank) forecasts commodity prices to remain in a tight range in the first quarter of 2021. This is contained in the Afreximbank African Commodity Index (AACI), which tracks the movement of commodity prices on a quarterly basis. ...Read More

SADC adopts labour migration action plan

Windhoek - The Southern African Development Community (SADC) has adopted the Labour Migration Action Plan (2020-2025) to promote skills transfer and match labour supply and demand for greater regional integration ...Read More

Africa continues breaking forex records

Luxembourg - 2020 was a challenging year in all respects in Africa especially on the economic front, but 100 percent plus growth for some regulated brokers will definitely grab the attention of the global forex trading community. ...Read More

Rocky start, but SADC set for rebound

The year started with most countries in the Southern Africa Development Community (SADC) instituting tough lockdown measures as part of the effort to contain the second wave of the global new coronavirus pandemic that has not spared the region. ...Read More

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