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The Real Economy Bulletin
- Janet Wilhelm
Janet Wilhelm
JUST TRANSITION OP-ED Mpumalanga’s coal journey is at the crossroads, but roads less travelled and more diversified lie ahead
Daily Maverick - 23 February 2022 by Gaylor Montmasson-Clair, Lauren Hermanus, Muhammed Patel and Peta Wolpe
Engineering News - 17 February 2022 by Marleny Arnoldi
Second-class citizenship exposes women to violence
Business Day - 14 February 2022 by Neva Makgetla (TIPS Senior Economist)
SA agriculture woefully unprepared for EU carbon crunch
Business Day - 8 February 2022 by Gray Maguire
SA's shift from coal is unavoidable and imminent - make a plan to protect workers, report warns
Govt's massive fossil fuel subsidies are hurting SA, report finds
The Import Localisation and Supply Chain Disruption study is a quarterly report that seeks to identify goods from the list of imports identified in the Import Tracker report that South Africa could possibly viably manufacture. Each quarter focuses on five manufactured items from the list of imports in the corresponding quarter's Import Tracker report. The five products in this report are:
Product 1: Processing units for automatic data-processing machines, whether or not containing in the same housing one or two of the following types of unit: storage units, input units, output units (excluding those of heading 8471.41 or 8471.49 and excluding peripheral units)
Product 2: Semi-finished products of stainless steel, of rectangular "other than square" cross-section
Product 3: Copper, refined, in the form of cathodes and sections of cathodes
Product 4: Beer made from malt: Other
Product 5: Mixtures of odoriferous substances and mixtures, including alcoholic solutions: Other
Vacancy: Project coordinator
TIPS is looking for a Project Coordinator. TIPS Project Coordinators are assigned a group of projects for which they provide support to the research manager and research team. The position is based in Pretoria, Gauteng. Applications close on 15 April 2022. For more information about the position and how to apply go to vacancies.
Export Tracker - Q2 2021
South Africa’s merchandise exports reached a new high in the second quarter of 2021 amounting to R520 billion, an 80.2% increase from the same period last year and a 26.3% increase from the previous quarter (Q1 2021). Although the large year-on-year increase in export values is partially reflective of a low base in 2020 as a result of the COVID-19 pandemic, it is also a reflection of a large increase in prices rather than volumes. The second quarter of 2021 saw imports increase by 36.6%, amounting to R347 billion in constant rand terms, compared to Q2 2020, while they increased by 9.5% compared to the previous quarter.
South Africa experienced a record high trade surplus of R173 billion (US$11.6 billion) as the value of merchandise exports increased more than that of imports. In US$ dollar terms, merchandise exports were up by 128% from Q2 2020 (the pandemic quarter), amounting to US$34.8 billion, representing a 28.8% increase from the previous quarter. Imports increased by 71.4% to US$23.3 billion, an 11.2% increase from Q1 2021.
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