Trends
Sep 09 2010 00:00
CONSUMER AND PRODUCER inflation both surprised on the downside in July, leading immediately to heightened speculation of an interest rate cut on 9 September. Consumer inflation, especially, at 3,7% is well below the 4,5% mid-point of the SA Reserve Bank’s 3% to 6% inflation target and came in better than expected by both the market and the Bank. However, inflation is expected to move up again soon.
Trends
Sep 09 2010 00:00
IN CURRENT harsh economic times, large businesses should seriously consider the franchise format as an alternative means of expansion, says Thulani Cele, chairman of the Franchise Association of SA (Fasa). Cele says South Africa’s franchise industry not only contributes to the expansion of the country’s small business sector but is also extremely suitable for the use of social and tandem concepts for infrastructure solutions. Greater involvement by Government could therefore give new momentum to SA’s franchise industry.