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Tiger Brands has reported a 4 per cent increase in full-year earnings, driven by price hikes to offset rising input costs and gains from the sale of its noncore assets. 

Tiger Brands full-year revenue up 1% to R37.7bn

South African consumers are walking into the festive season very merry with confidence in the fourth quarter at its highest levels since 2019.

SA consumer confidence cools slightly, down to -6 in Q4

Ratings agency Moody’s has maintained South Africa’s sovereign rating at two levels below investment grade with a stable outlook.

Moody's maintains South Africa's debt ratings despite economic headwinds 

South African President Cyril Ramaphosa earlier officially launched the Presidency of the G20 in Parliament, marking a historic milestone as the first African economy to lead the G20 for a rotational one-year term. 

South Africa assumes G20 presidency

Stats SA has this morning released South Africa’s GDP data for the third quarter showing a decrease of 0.3 per cent quarter-on-quarter, this being a step backwards following an increase of 0.4 per cent in Q2. 

SA’s economy grows 0.3% in Q3’24 y/y

The seasonally adjusted Absa Purchasing Managers’ Index (PMI) declined by 4.5 points in November 2024, pointing to some loss of momentum in the recovery seen over the last two months. 

Absa's Purchasing Managers Index drops to 48.1 points

South Africa has in recent years experienced both electricity and water shedding, highlighting the urgent need for better water management and sustainability. 

Africa faces looming water scarcity crisis

AlexForbes has reported a strong financial performance for the six months ending September 2024, with a 12 per cent increase in operating income. 

AlexForbes interim profit from operations up 13%

Nedbank’s fourth quarter local market outlook estimates that the current structural changes in the domestic economy could push the potential growth in the economy above 3.5 per cent per annum by 2027. 

Nedbank’s 2025 economic outlook for South Africa

In light of renewed confidence in South Africa following stable elections and a unity government that promises growth, what prospects lie ahead for small and medium enterprises.

SA’s small business landscape: Unpacking current trends 

CNBC Africa’s Sally Sithole caught up with Dimitri Kokinos, Asset and General Manager at Sandton City. 

South Africa’s Black Friday blowout

Joining CNBC Africa for this discussion is Chriszelle Joseph, Senior Coverage Banker: Consumer Goods & Services, Absa CIB and Andrew Stein, Group Marketing, Massmart. 

PLSA