The Bureau for Economic Research (BER) on Monday (21/09/2020) said that retail trade confidence edged up in the third quarter of this year after plunging to a 29-year low of 11 index points in the second quarter.

Following months of uncertainty, businesses are already seeing signs of recovery as card swipes at merchants point of sale devices rebound to close to pre-pandemic levels.

Petrol and diesel prices in South Africa are expected to come down significantly in October, according to mid-month data published by the Central Energy Fund.

A top UK wine writer has given two South African wines – a red and a white wine – the highest possible score.

Sauvignon Blanc South Africa is pleased to announce the top 20 contenders in the 2020 Sauvignon Blanc SA Top 10 Competition, South Africa's only competition exclusively devoted to Sauvignon Blanc. A total of 96 producers submitted 149 wines for this year’s competition, held under the auspices of Sauvignon Blanc SA, with the support of FNB.

Eskom has already set a record this year for power outages, new data from the Council for Scientific and Industrial Research (CSIR) shows.

Alcohol industry players in South Africa have pledged to invest upwards of R150 million in harm-reduction programmes over the next year.

According to a recent survey conducted by the National Income Dynamic Study Coronavirus Rapid Mobile Survey (NIDS-CRAM), more than 3 million people in South Africa, mostly low-income earners, have become unemployed between February and April this year – a decline of 18% in employment. They anticipate that this trend will continue, given the underlying labour market dynamics.

The country could move to level 2 this week if cabinet accepts a recommendation from directors-general to open more sectors of the economy.

The Western Cape Government cabinet says it will push for the safe opening of all businesses and the domestic sale of alcohol, together with smart interventions.

A thriving – and sometimes quite efficient – black market has emerged since South Africa's second ban on booze sales, and it is thriving, with prices as high as five times what they were before lockdown.

More than 1 400 staff members at Pick n Pay have taken voluntary severance packages since March, the retailer has said in a trading update.