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Food industry shows growth in SA

South Africans are spending more money on fast-food and coffee this year than they were in 2017, according to a survey carried out by Stats SA. There has been a notable 7.1% increase in sales in fast-food outlets in the country and a 7% increase of revenue at coffee shops and restaurants.

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Five important things happening in South Africa today

 


 

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BusinessTech

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Mining and manufacturing data disturbing

New data on manufacturing and mining production suggest clouds may be gathering over the Ramaphoria economic spring. While it is dangerous to read too much into any small batch of figures, there appears to at least be a hiccup in two key sectors of the economy, which might curtail the rate of growth.

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