Restrictions in trade to contain COVID-19 have been devastating for Africa’s urban poor

Trade routes have been significantly disrupted this year in efforts to contain COVID-19. The effects of this are already showing: global growth is set to contract by 4.9% and growth in sub-Saharan Africa will contract by 3.2%. This will get worse if continued restrictions further impede trade. The World Trade Organisation has warned that at worst, global trade could collapse by a third this year, and at best, it will contract by 13%, similar to the recorded drop after the 2009 financial crisis. This has fundamental consequences – both direct and indirect –…

Read More

Total makes second ‘significant’ gas condensate find off South Africa

  London — Total and its partners have made a “significant” gas condensate discovery near the major Brulpadda find off South Africa’s Western Cape raising the prospects of a new gas push in the country’s coal-dominated energy sector. Not registered? Receive daily email alerts, subscriber notes & personalize your experience. Register Now The Luiperd well encountered 73 meters of net gas condensate pay in “well-developed good quality” reservoirs after drilling to a total depth of about 3,400 meters, Total said Oct. 28. The Luiperd prospect, located in the Outeniqua Basin 175…

Read More

Construction sector is critical to SA’s post-COVID economic recovery

Traditionally, the development of risk management plans is tailored to address assessed and quantified risks. There is however always the ‘the unknown factor’. Enter the COVID-19 pandemic. Of course, we have faced localised pandemics before, but never one on such a globally synchronous scale, thanks to global travel and trade. It propelled the entire world into unchartered territory as mass economic and travel lockdowns were implemented, and contingency plans were hurriedly rolled out. For many industry sectors and businesses already teetering on the brink, it has been a crisis of…

Read More

Small efforts can protect farmers from pesticides. Insights from Zambia

Vegetable production, tomato production in particular, is an important source of income for many smallholder farmers in Zambia. It can provide them with gross margins that are much higher than maize, the dominant field crop. But these higher returns come with nearly ubiquitous crop loss risks from pests. An insecticide being mixed. Photo by Ann Johansson/Corbis via Getty Images Two commonly reported pests are bollworms and nematodes. These can dramatically reduce the amount of tomatoes that meet quality standards. To address this, farmers in Zambia are starting to use more pesticides. A trend that can be seen in many African countries, such…

Read More

Stepping up on maximising women’s potential in agri

A webinar that aimed to assist female producers in developing their own voice in a sustainable and profitable farming business was held on 28 October. The virtual roundtable discussion, hosted by Corteva Agriscience in partnership with the Entrepreneurship Development Agency (EDA) at the Gordon Institute of Business School (GIBS), focused on innovative solutions to maximise the potential of women in agricultural development. The partnership is a strategy to work together on an immersive tailor-made programme that will kick-off in January 2021 to assist female producers in developing their entrepreneurial, business…

Read More

BUSA: Day Zero looms for small business in South Africa unless we act now

              Cas Coovadia is co-convenor of Business For South Africa (B4SA), head of Business Unity South Africa (Busa) and a member of the Sukuma expert advisory panel. Photo by Bonile Bam   JOHANNESBURG – President Cyril Ramaphosa’s economic recovery plan includes a focus on growing small business, the backbone of the economy and the sector where most of our workers are employed. He also warns that the coronavirus will be with us for some time, that the World Health Organisation says a new wave…

Read More

Gijima acquires T-Systems South Africa following successful turnaround strategy

  IT solutions provider Gijima has acquired the business of T-Systems South Africa (TSSA) for an undisclosed fee. TSSA, owned by T-Systems International, the IT services arm of German-based Deutsche Telekom, is a provider of ICT networks, applications and systems to South African companies. “This transaction is the result of T-Systems International’s strategic review of its global portfolio and its decision to refocus on its core markets in Europe and the Americas,” a statement from Gijima said. “The transaction will enable Gijima to have access to international IP, expertise and best…

Read More

South Africans want electric cars but they are still too expensive

Although there is demand for electric vehicles (EVs) from South African customers, the high prices are the biggest hurdle for the consumer. This is according to the 2020 Electric Vehicle Buyers Survey, conducted by AutoTrader in partnership with smart mobility solutions provider Generation.e. The study was conducted to understand potential buyers’ willingness to purchase an EV in SA, based on a sample size of 3 105 people who responded to AutoTrader’s questionnaire on its Web site. The report, revealed yesterday at theSmarter Mobility Africa LIVEevent, found the main areas which require serious…

Read More

National Glass Distribution is a leader in glass and aluminium manufacturing in SA

“Unbreakable transparency is the secret ingredient that gets you to 25 years,” says Belinda Louw, National Glass MD. “Cold, hard facts and the truth are the keys to great customer service. We don’t always walk on water, but if there is a problem we will fix it. At the end of the day, it’s our family name and reputation at stake.” National Glass is the only privately owned glass and aluminium wholesaler and manufacturer with a national footprint, supplying the wholesale trade from Polokwane to Vredendal, while exporting to many…

Read More