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Found 19 results

  1. South Africa's largest news website, Naspers/Media24 owned News24 recently announced that they will be adopting a paywall on some of their articles with a monthly fee of R75 to read those "locked" articles. This will open an interesting paradigm, News24 is South Africa's largest news website, and while Media24 have already done it on their Afrikaans websites, it remains to be seen how effective it will be on the more popular English News24 website. What do you think, will you pay to read News24? And how do you think this will impact the online business landscape in SA, will more sites adopt it, but more importantly will it help normalise paying for content in SA?
  2. According to the Pilipino Banna Growers and Exporters Association, banana exports in 2020 are expected to decrease to 162M boxes (USD 1.53B), a 20% decline from 195M boxes in 2019. It also expressed how there is a risk of China seeking alternative sources from Vietnam and Cambodia in the upcoming months. The Philippines is already facing competition with Latin American suppliers in two major markets South Korea and Japan.
  3. One of the agricultural sectors most affected by the pandemic in Australia is the beef industry, for which cattle abattoirs have reduced almost half of the amount of beef being butchered. The tariff increase in China earlier this month to 12% import tariffs, its biggest export market, and the latest spike in COVID-19 infection rates in its second-biggest export market the US, are also posing challenges for Australian beef exporters.
  4. Tridge Seasonal Market Report July 2020: Avocado
  5. COVID-19 is continuing to adversely affect Vietnamese seafood exports. After decreasing by 16% in May, seafood exports in June fell by 10%. Among the products, pangasius (catfish) exports decreased the most at 27%, followed by squid and octopus at 21% and tuna at 16%. Shrimp is the only seafood commodity that experienced an increase in exports of 3%. The EVFTA, effective from August, could act as a boost for seafood exports to the EU.
  6. The export ban on onions in Turkey led to decreasing daily consumption volumes from 5K tons last year to 2K tons this year, causing local wholesale prices to drop to approximately USD 0.73 - 0.88 per kg. Although Turkey is now allowing exports at a limited amount, the ban has given Egyptian suppliers the opportunity to increase their exports to Russia.
  7. A recent report in the The Guardian blames a delay in the United Kingdom's National Health Service getting PPE (Personal Protective Equipment) for the COVID-19 pandemic on Just in Time (JIT) logistics contracts. Just-in-time is a strategy employed to "increase efficiency and decrease waste by receiving goods only as they need them for the production process, which reduces inventory costs. This method requires producers to forecast demand accurately". This is in contrast to “just-in-case” inventory management which means holding plenty of surplus inventory or stockpiling in the medical context. Read more at The Guardian
  8. The Covid-19 pandemic has already seen sports equipment manufacturers developing new innovations for an easier return-to-play journey for various codes. One prominent example is Kookaburra, who a while ago touted its waxed cricket balls as a way for fielding teams to keep it shining without using saliva. However, a product is emerging that would dwarf the amount of "virus-proofed cherries" around the world's cricket fields: the electronic whistle. No instrument has become more iconic in sport officiating than the whistle, which was introduced way back in 1868 when Joseph Hudson used it for an English soccer match. Medical experts, however, have become concerned that increased respiration that's associated with most sports increases the risk of transmission. Referees with whistles are no exception. After all, the very act of blowing it releases air full of droplets. Sport's response to the Covid-19 pandemic could evolve further as the appeal for electronic whistles for referees increases. The electronic whistle, which works by pushing a button, is being touted as a safe alternative to the normal product, which still releases a lot of droplet-filled air when blown and could increase the risk of transmission. Some referees are concerned that matches could initially be influenced unduly by them blowing at the wrong time because they're still getting used to its operation. Read more at Sport24
  9. Cannabis has long been illegally farmed in the fertile Bekaa Valley and government now hopes to turn it into a legal billion-dollar trade Read more at The Independant
  10. In March 2019 the European Union (EU) declared a ban on throwaway plastics by 2021, this followed a 2015 directive to to reduce the use of plastic shopping bags (PDF), non PDF news link here. The following products will be banned in the EU by 2021: Single-use plastic cutlery (forks, knives, spoons and chopsticks) Single-use plastic plates Plastic straws Cotton bud sticks made of plastic Plastic balloon sticks Oxo-degradable plastics and food containers and expanded polystyrene cups EU member countries are implementing this ban in their local legislation with the Netherlands recently announcing the ban on disposable plastic products from July 2021.
  11. Japan has earmarked $2.2 billion of its record economic support package to help manufacturers shift production out of China as the coronavirus pandemic disrupts supply chains between the major trading partners. Read more at The Japan Times
  12. South Africa had - and still has some of the world's strictest lockdown requirements as a response to the coronavirus pandemic. While the lives vs. livelihoods debate rages on, one thing is certain: South Africa's economy was already in a recession before the pandemic hit, the virus and governments nitpicking as to what constitutes an essential services across South Africa's lockdown levels has made a bad situation worse. Do you think the government is doing the right thing, how should we restart the economy and how long will it take to get back to anything that resembles normal?
  13. On Thursday (9 April), South African president Cyril Ramaphosa extended South Africa's highly restrictive coronavirus lockdown extension by another two weeks. The lockdown was originally intended to run from Friday 27 March to Friday 17 April, the new extension will take us to 1 May (Workers Day, a public holiday in SA). With South Africa's economy already in the doldrums this has initiated a fierce debate involving the health vs. economic ramifications of the lockdown. What is your take? Is it too long? Or do you think it's too short and should/will be extended?
  14. André de Ruyter started his new job at the helm of power utility Eskom on 6th January 2020 and said to expect load shedding (rolling blackouts) as part of regular scheduled maintenance for the next 18 months: Do you think Eskom will be fixed by June 2021?
  15. Moneyweb is reporting that Edgars (and the rest of the Edcon group which still includes Jet as CNA was sold last month) may not open after the coronavirus lockdown period, which follows up on an article yesterday in fin24 in which the CEO made a call to suppliers telling them that the company only has sufficient liquidity to pay salaries but is "unable to honour any other accounts payable during this period". If you remember Edgars was bailed out last year ostensibly to save jobs. But they have been kicking the can down the road for a while now. Is it time to take Edgars behind the barn and shoot it or can it be saved? And how should the saved entity look like? They can't continue like this.
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