Why Treasury needs a new 2020/21 budget

The South Africa Revenue Services (SARS) has predicted that it would lose around 15% to 20% of its tax revenue this year as a result of the nationwide Covid-19 lockdown, and the responsibility of filling the gap will fall upon the South African taxpayers. However, the...

Signs of recovery for oil demand

China’s oil demand has continued a sharp rising trend since passing the nadir in February. After dropping in February by over 40% compared with a year earlier, the country’s oil demand for April reached 89% of the April 2019 level (approximately...
SpaceX’s Crew Dragon set to chauffeur astronauts to ISS

SpaceX’s Crew Dragon set to chauffeur astronauts to ISS

A new era of human spaceflight is set to begin as US astronauts are set to launch again launch SpaceX’s Crew Dragon spacecraft to the International Space Station as part of NASA’s Commercial Crew Program. NASA astronauts Robert Behnken and Douglas Hurley...

Covid-19 could intensify battle of the banks

The fallout from the Covid-19 pandemic will see the battle of the banks intensify, as both legacy and challenger financial institutions race to use tech innovation to gain a competitive advantage in 2020/2021. This is according to Victor Mupunga, research analyst at...

Food security needed to guard against hunger pandemic

African countries need to urgently expand food reserves, keep food supply flowing and boost their agriculture budgets to avert a possible hunger pandemic, partly caused by the Covid-19 pandemic. This is the conclusion from a webinar hosted by the African Development...

Africa urged to increase integration

The second Africa Regional Integration Index (ARII 2019), launched by the Economic Commission for Africa (ECA), the African Development Bank and the African Union Commission (AUC), calls on African economies to deepen their integration. The 2019 Index, which builds on...