Industrialisation cannot take off without adequate services such as logistics, engineering, finance and security, as well as human and social capital development. Moreover, the service sector generates around two thirds of the GDP and employment, and six out of seven jobs for women. An effective industrial policy, then, should incorporate…

Small businesses are the engines of a fair and green economy. But they lack access to the finance they need to grow. A new report from the Green Economy Coalition (GEC) looks at the barriers that small business face. These include risky and informal money lending arrangements, high bars for accessing credit, regulatory…

The Black Industrialists Policy aims to increase the participation of black South Africans in operational management, rather than just financial ownership, of enterprises in key sectors and value chains. The programme was launched in 2015 by the Department of Trade, Industry and Competition, supported by the Industrial Development Corporation and…

In 2019, the European Union (EU) introduced the Fit for 55 policy package. The policy package aims to reduce the EU’s net greenhouse gas emissions by 55% by 2030 compared to 1990 levels and achieve carbon neutrality by 2050. It includes the Carbon Border Adjustment Mechanism (CBAM), a carbon border…

TIPS Senior Economist Gaylor Montmasson-Clair took part in the Presidential Climate Commission webinar - see articles

EU carbon border tariffs could knock $16bn off Africa’s yearly GDP

Engineering News - 15 February 2023 by Terence Creamer

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EU's carbon penalties are coming, here's what SA needs to do

News24 - 15 February 2023 by Lameez Omarjee

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Where is the outcry over ‘deeply unjust’ EU carbon border tax?

Business Day - 17 February 2023 by Denene Erasmus

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Business Day - 21 February 2023 by Neva Makgetla (TIPS Senior Economist)

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South Africa’s New Energy Vehicle Transitional Roadmap - Thought Leader Discussion Document: The Route to the White Paper naamsa | The Automotive Business Council has released its electric vehicles strategy, which calls for clear signals from government.  Dowload a copy of read online:  The report builds directly on work by Trade…

The annual REB Provincial Review analyses developments in the real economy and in development policies and projects at the provincial level. Main Bulletin: The Real Economy Bulletin Provincial Review 2022 Introduction: Much like elsewhere, production in South Africa is centred on a few provinces. In 2021, Gauteng remained the largest provincial economy, accounting for a third of the national GDP and over a quarter of the national population. KwaZulu-Natal is the second largest economy, accounting for 16% of the national GDP and 19% of the total population, followed by the Western Cape, which accounted for 14% of the national GDP and 12%…

Engineering News – 2 March 2023 by Schalk Burder  (Creamer Media Senior Contributing Editor)

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News24 - 2 March 2023 by Lameez Omarjee

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City Press - 5 February 2023 by Dimakatso Leshoro

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Main Bulletin: The Real Economy Bulletin - Fourth Quarter 2022 In this edition GDP growth: The economy shrank by 1.3% in the fourth quarter of 2022. Arguably that very poor outcome actually showed surprising resilience, given extraordinarily heavy loadshedding combined with falling export prices. Manufacturing contracted by just under 1%, but agriculture and mining both fell by 3%. Since the pandemic, quarterly GDP growth has turned markedly volatile. Read more. Employment: Despite the decline in the GDP, total employment climbed by almost 160 000 in the fourth quarter of 2022, for a net gain of 900 000 compared to the same quarter in 2020. Still,…

The Import Localisation and Supply Chain Disruption study is a quarterly report that seeks to identify goods from the list of imports identified in the Import Tracker report that South Africa could possibly viably manufacture. Each quarter focuses on five manufactured items from the list of imports in the corresponding quarter's Import Tracker report. The five products in this report are:  Product 1: Sugar confectionery not containing cocoa, including white chocolate Product 2: Microwave ovens Product 3: Paper and paperboard, surface-coloured, surface-decorated or printed, coated, impregnated: OtherBrakes and servo-brakes and their parts, n.e.s.: Other Product 4: Compressors for refrigerating equipment Import Tracker -…

A critical mechanism behind the unusually deep inequality in South Africa is the very small number, by international standards, of small businesses in the country. On the one hand, far fewer people earn livelihoods from their own businesses than in other upper middle-income countries. That fact largely explains South Africa’s…

This is TIPS’s third publication on the State of Small Business in South Africa which is a periodic special edition of our Real Economy Bulletin. The series provides baseline data on the number of small businesses and their contribution to the economy, as well as their distribution by industry and location, ownership by race, gender and age, investment and profitability. The bulletin first looks at the number of small business, both formal and informal, and the rate of growth. The figures show how the legacy of apartheid has left the country lagging behind other upper middle-income countries, which is a…

BusinessTech - 5 March 2023

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Business Day - 6 March 2023 by Thuletho Zwane

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Engineering News - 6 March 2023 be Schalk Burger

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Engineering News - 14 March 2023 by Terence Creamer

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Business Day 15 March 2023 - by Denene Erasmus

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