Market protectionism; raising the drawbridge – Ivo Vegter
By Cyril Ramaphosa’s ‘buy local’ logic, the sanctions against apartheid South Africa must have been good for the economy.
By Cyril Ramaphosa’s ‘buy local’ logic, the sanctions against apartheid South Africa must have been good for the economy.
Middle Kingdom’s impact on the world is sure to be very different in future. Inflation is about to awaken from a four decade slumber. And it’s not a pretty sight.
The current global freight crisis could be the kick-start that the South African manufacturing sector so desperately needs, writes David Bacher.
Even as Beijing unleashes a regulatory assault against tech companies, it continues to shower subsidies and protection on manufacturers.
The investment is the largest in Ford’s 97-year history in SA and one of the ‘largest-ever investments in the South African automotive industry’.
SA’s government says it secured 20 million Covid-19 vaccines, as lockdown is extended. J&J says trial data will be submitted soon.
As stricter Covid-19 restrictions were applied, an index measuring SA manufacturing sentiment fell to a five-month low in December.
South Africa’s Purchasing Manager’s Index dropped lower in December, ending the year just inside expansionary territory.
A court found that it is invalid and unconstitutional for organs of state to apply pre-disqualification criteria, such as BEE requirements, to tenders.
The increase in the headline PMI was supported by the new sales orders and business activity indices remaining high.