Tag: economy
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African remittances surpass $90bn a year
Remittances, or the money workers send back to their families in their home country, are now a major part of the economies of many African (and non-African) countries. So much so that countries like Kenya are seeing more money entering the country from remittances than from some of its more traditional exports like tea and…
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Freight failures: Transnet’s rail woes impact SA’s coal exports
Transnet transported 58-million fewer tonnes of coal, iron ore and other commodities in the 2022/3 financial year than it did 10 years ago, with coal making up a third of its freight. The state-owned entity attributes the reduced rail capacity to underinvestment in network rehabilitation, vandalism and sabotage as well as to disputes over locomotive…
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The Outlier’s grocery basket: January 2023
Every month we take a look at the in-store prices of the same basket of goods across six major retailers – Shoprite, Checkers, Pick n Pay, Spar, Food Lover’s Market and Woolworths.
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The Outlier’s grocery basket: October 2022
For two months in a row, Spar’s basket has been the most expensive option. Shoprite’s has been the most affordable since we added the retailer to the list in August.