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Mike Schussler
 
PORTS

Inland port to be hit hard by Customs Bill

The closure of Johannesburg’s inland port seemed to be a "done deal" as Parliament deliberated the recently tabled Customs Control Bill that would leave the City Deep container depot invalid, Chamber of Commerce and Industry Johannesburg (JCCI)...
15 Mar 13
 
 
ECONOMY

SA in for tough ride – economist

South Africans can expect a tough two years ahead as the economy feels the pinch of strikes, analysts said on Thursday. "Unless we have sensible heads putting their hands up now, we're going to see a [downward] spiral for the next few years," said...
04 Oct 12
 
 
JOB CREATION

Absa launches index to assist SME development

Unemployment remained one of South Africa’s key challenges going forward, and entrepreneurship could play a significant role in reaching the target of five-million new jobs by 2020, said financial services group Absa CE for retail and business...
14 Sep 12
 
 
EMPLOYMENT

Doubt about job seekers' grant

The ANC's proposed job seekers' grant has been met with far less enthusiasm than the abandoned youth employment subsidy. "The job seekers' grant will have nowhere near the impact the youth wage subsidy would have had," said Adcorp labour market...
06 Aug 12
 
 
ECONOMIC GROWTH

Mining, manufacturing weigh on SA economic growth

South Africa’s third-quarter economic growth data came in below expectations on Tuesday as mining and manufacturing contracted. Third-quarter gross domestic product (GDP) increased by 1.4%, which was below market expectations of a 1.8%...
29 Nov 11
 
 
PIPE INDUSTRY

Innovative piping industry key to SA’s future growth

The need to focus on innovation in the piping industry is significant to ensure economic growth in any country.
23 Sep 11
 
 
GROWTH

SA may have reached growth peak for 2011

South Africa may be past its growth peak for 2011 in the light of uncertainty about the global economy, nationalisation, and labour legislation, BoE Private Bank said on Tuesday.
19 Jul 11
 
 
MANUFACTURING STATISTICS

Moderate manufacturing recovery continued in March

Analysts described South Africa’s better-than-expected manufacturing production figures for March as “encouraging and positive”, despite also describing the pace of the recovery as “moderate”. Statistics South Africa reported on...
11 May 11
 
 
Employment

SA unemployment rate climbs to 25%

South Africa’s unemployment rate increased to 25% in the first quarter of 2011, from 24% in the final quarter of last year, Statistics South Africa (Stats SA) reported in its ‘Quarterly Labour Force’ survey, which was released on Tuesday....
03 May 11
 
 
PETROL PRICES

SA motorists to see petrol prices breach the R10 mark in May

South African motorists are in for a rough and expensive ride as petrol prices are set to breach the R10/l mark on May 4 this year, last seen in mid-2008.
28 Apr 11
 
 
PRODUCER INFLATION

Fresh inflation, rates fears as SA factory prices accelerate

Rocketing commodity prices spurred a material acceleration in South Africa’s producer price index (PPI) to 7,3% year-on-year in March 2011, up from 6,7% in February 2011. The development has increased fears that South Africa’s consumer price...
28 Apr 11
 
 
TOLL ROADS

Gauteng toll roads building costs more expensive than international norm

The building cost per kilometre spent on the Gauteng toll road project is between 106% and 228% more expensive than that of equivalent global road improvement projects, according to research by economist Mike Schussler. The research report...
05 Apr 11
 
 
 
 
 
 
 
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