OIG offers Dr. Roelof Botha’s expert economic insights, dissecting global and local economic landscapes. Through concise analysis, he provides clients with actionable intelligence to navigate market complexities confidently.

Manufacturing sales advance further

By |2024-06-13T08:27:10+02:00June 13, 2024|To The Point|

South Africa’s manufacturing sector sales performance continues to reach new record high levels, with a cumulative figure of R1.1 trillion achieved between January and April. It is the second successive year that manufacturing sales breached the R1 trillion level within merely four months.

Marginal GPD growth secured in first quarter

By |2024-06-06T08:59:28+02:00June 6, 2024|To The Point|

Statistics SA has released the GDP figures for the first quarter of 2024, once more confirming that economic growth remains in place, albeit at a snail’s pace. According to Statistics SA, the year-on-year real growth rate in the country’s GDP amounted to 0.5% in the first quarter of 2024, following an increase in total production of 1.4% in the fourth quarter of 2023.

Cape Town Shines In Global Conference Rankings – 30th May 2024

By |2024-05-30T10:12:23+02:00May 30, 2024|To The Point|

May has been a positive month for South Africa's tourism industry, highlighted by significant improvements in the Travel & Tourism Development Index (TTDI) and impressive rankings in the International Congress and Convention Association (ICCA) global conference popularity rankings. After a two-year hiatus due to the COVID-19 pandemic, the ICCA resumed its rankings based on in-person meetings, with South Africa placing 41st among 180 countries and Cape Town ranking 63rd out of over 1,200 cities, surpassing cities like Rio de Janeiro, Washington, and Los Angeles.

Gold Price In Record-Breaking Mood

By |2024-04-09T15:00:57+02:00April 4, 2024|To The Point|

March witnessed a relentless rise in the gold price, with the precious metal breaking new records on a regular basis to reach an all-time high of $2,280 per fine ounce on 2 April, before pulling back slightly. The 90-day futures market price quoted on 3 April by Investing.com was even higher, briefly touching a level of $2,300 per fine ounce.

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