Tag: consumer goods
Investment considerations on recent fuel price increases
South African fuel prices increased again on 3 November and petrol price is now at 33.9% this year with the Automobile Association of South Africa (AA) warning that R20 per litre could still be on the cards for by year end. The main reason for the pressure on local fuel prices has been a sharp increase in the brent crude oil price over the past few months.
E-commerce key to driving job creation in Africa
A new report released by Boston Consulting Group (BCG) has found that online marketplaces could create as many as 3 million jobs in Africa over the next six years. Considering the current state of unemployment in many parts of the continent – particularly among the youth – the healthy development of an e-commerce marketplace will prove to be an important contributor to Africa’s economic growth and job creation in the future.
