Gavin du Venage

Showing 1 - 15 results of 268 for "Gavin du Venage"

Workers sort cocoa beans in Enchi, Ghana. Some 70 per cent of the world's cocoa comes from West Africa, with Ghana and the Ivory Coast providing half of that amount. Reuters

Africa's cocoa producers want chocolate makers to break off a bigger piece of profits

Suppliers protested last month after Hershey's avoided in-country surcharge aimed at paying farmers a living wage

January 12, 2021

Shoppers at a mall in Johannesburg. Consumer spending helped to lift South Africa's economy in the third quarter after lockdown restrictions were eased. AP

South Africa's rebound shows signs of longevity

Investment remains weak but progress on reforms could help rekindle foreign flows

December 12, 2020

Walmart took a controlling stake in retailer Massmart to gain access to the South African market. Courtesy of Massmart

South Africa’s e-commerce sales pick up pace as shoppers flock online

Consumers are now frequently shopping online as the pandemic alters consumption patterns

December 7, 2020

South African Airways needs another government bailout to stay afloat. Reuters

South African Airways future far from certain despite government efforts to save it

The airline has survived on state bailouts and debt guarantees from the government for several years

October 25, 2020

People walk through Ghandi Square in Johannesburg as restrictions to limit the spread of Covid-19 ease. South Africa's severe lockdown led to about 2 million job losses during the second quarter, statistics show. EPA

Foreigners targeted as joblessness soars in South Africa

At least 2 million people lost their jobs in the second quarter of the year, government data shows

October 5, 2020

Workers prepare to reopen restaurants in Cape Town. South Africa executed one of the world's strictest Covid-19 lockdowns. Reuters

Economists call for reforms as South Africa’s growth worsens during Covid-19

The economy shrank 51% in Q2 compared to the same period last year, pushing the country into recession

September 14, 2020

A mine worker processes gold rich metalic ore at the Al-Amar Gold Mine in Saudi Arabia. Oil-rich countries are pivoting towards mining in a bid to diversify. AFP

Why some countries are turning to mining

The mining industry can help diversify revenue streams, create jobs and support wider industrialisation efforts

August 5, 2020

The ANC government is proposing rule changes that would allow South African pensioners' savings to be invested in state-owned enterprises such as utilities provider Eskom, which is $26bn in debt. Reuters

Plan to allow South African workers' pensions to back state assets raises concerns

The government is seeking access to capital to help fund state-owned enterprises and infrastructure projects

July 23, 2020

Diamonds on display at a De Beers sightholder sale in Gaborone, Botswana. The company reported monthly sales of just $35m in May due to the Covid-19 pandemic, a 92 per cent fall on the same month last year. Reuters

Diamond industry faces a rocky patch due to oversupply

The world's biggest producers are sitting on a mountain of precious stones as they hoard inventory to maintain prices

June 15, 2020

Workers remove weeds as they tend to fields at a farm in Eikenhof, South Africa. Reuters

Food security concerns highlight opportunity for African agriculture

As countries such as Vietnam and India ban rice exports during the pandemic, many nations on the continent are revisiting ways of feeding their people from sources closer to home

May 17, 2020

Two men walk across Long Street, usually one of the busiest and most popular entertainment areas in Cape Town, with a billboard reading Stay Home. South Africa came under a nationwide lockdown on March 27, 2020, joining other African countries imposing strict curfews and shutdowns in an attempt to halt the spread of Covid-19. Afp

South Africa faces twin crises of ratings downgrades and coronavirus

The government will have to take tough decisions and institute reforms to rebuild the country's battered economy, analysts say

April 5, 2020

A worker walks past a refinery in Nigeria's southern oil hub, Port Harcourt. Many oil-producing nations in sub-Saharan Africa are now having to cut budgets that were set based on an average oil price of $50-$60 per barrel. AFP

African producers feel pain of lower oil prices

About 14 countries on the continent produce oil, revenue from which accounts for most of their budgets. These include Nigeria, Angola, South Sudan and Gabon

March 23, 2020

Power company Eskom, which operates coal-fired power plants such as the Matla Power Station in Mpumalanga province, accounts for the bulk of coal demand in South Africa. Reuters

South Africa's coal miners are facing difficult times as customers embrace clean energy

The country's coal producers fear the billions of dollars invested in the industry will be wasted

March 3, 2020

Ethiopia's Prime Minister Abiy Ahmed is riding a wave of popularity, thanks to the recent reforms he had introduced. Reuters

Ethiopia’s reformist leader Abiy Ahmed woos private sector investors to fuel economic growth

Ethiopian leader’s mettle is yet to be tested as the country tries to attract private sector investments to sustain its economic growth, reports Gavin du Venage from Cape Town, South Africa

January 28, 2020

A female waterbuck at the Landolozi Private Game Reserve in South Africa's Kruger National Park. Private ranches in South Africa now account for more than 15 per cent of the country's land mass. Lonely Planet Images

Lack of rainfall threatens South Africa's wildlife ranch business

Thuru Lodge has lost about 1,000 of its 4,500 animals through thirst and starvation as vegetation depletes

January 22, 2020

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