Tag Archives: ESKOM

State of the Nation Address 2019

STATE OF THE NATION ADDRESS BY PRESIDENT CYRIL RAMAPHOSA PARLIAMENT, CAPE TOWN 20 JUNE 2019 Speaker of the National Assembly, Ms Thandi Modise, Chairperson of the National Council of Provinces, Mr Amos Masondo, Deputy President David Mabuza, Chief Justice Mogoeng Mogoeng and esteemed members of the judiciary, Former President, Mr Kgalema Motlanthe, Former President, Mr Thabo Mbeki, Former Speaker of […]

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The GDP figure for the 1st quarter 2015 shows that South Africa urgently needs Growth

By Vivian Atud If you know anything about statistics- you would know the saying “let the data speak”. Contrary to rhetoric by politicians and government officials that things are getting better, data released by Stats SA on Tuesday showed that South Africa’s real gross domestic product (GDP) at market prices increased by a mere 1,3 per cent during the first […]

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Unemployment in South Africa at Worse Levels in 11 years

By Vivian Atud Johannesburg- Sunburst Africa–Unemployment in South Africa continues to grow- dampening any hopes of finding a job for those who have never been employed. For the first time in eleven years the unemployment levels have now gone over 26 percent- statistics South Africa said yesterday. According to data released by Statistics South Africa (Stats SA) on Tuesday, the […]

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Why Shares of Nedbank Group Went Up 0.78 Percent Yesterday

  What: shares of the Nedbank Group Limited (JSE Code: NED) went up 0.78 percent on the JSE yesterday. Nedbank Group Ltd. is a bank holding company, with its principal banking subsidiary being Nedbank Ltd. The company’s ordinary shares have been listed on JSE Ltd. since 1969 and on the Namibian Stock Exchange since 2007. Nedbank Group is one of […]

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South African Market Review Quarter 1

By Vivian Atud   Johannesburg– Sunburst Africa–During the first quarter of 2015, SOUTH AFRICAN stock markets were buffeted by two substantial shocks. One may argue that the impact of these factors will continue into the second quarter. The all-share index lost 2.59 percent in the last 30 days of the first quarter and the trend may continue into the second […]

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Power Crisis at Eskom Dashes Hopes for any Improvement in Manufacturing in 2015

by Vivian Atud Johannesburg–Sunburst Africa— In 2014 manufacturing production decreased by 0, 1% compared with 2013. Lower production was reported by four of the ten manufacturing divisions. This has not come as a surprise to many South Africans. You may be wondering why do I say so?  Let us examine some of the reasons. Last year saw the resurrection of […]

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Policies President Zuma Should Consider in his State of the Nations Address on February 12th 2015

By Vivian Atud President Zuma will give his annual State of the nation address on February 12. Sunburst Africa experts identified nine policies areas that the president should consider for his 2015 address among other things. Subscribe to Sunburst Africa free newsletter! Advance economic freedom and opportunity for all.It’s time to restore South Africa’s economic freedom. As documented in the Index […]

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Can this Prophecy about Unit Six of Medupi Power Station be True?

By Vivian Atud If you are a believer in God like I am then you will know that there is a principle when it concerns prophecy- get confirmation, test the prophecy and so on. You might be wondering how this relate to Medupi- yes it does because it is hard to believe anything said about Medupi at this point in […]

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Expect an Increase in the Manufacturing & Sales Figures for November 2014 to be Released Later Today.

By Vivian Atud What: Statistics South Africa (Stats SA) will today at 13:00 p.m. release the manufacturing and sales figures for November 2014. Manufacturing remains a key sector of the South African economy. Figure 1: Breakdown of gross value added by industry, 2012 (proportions) (Source: Stats SA, 2013) According to figure one, manufacturing is a key sector and second biggest […]

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