In City Press Business: Africa is optimistic; Prasa wants its locos back; No money for food

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In City Press Business: Africa is optimistic; Prasa wants its locos back; No money for food
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In City_Press Business today: A court battle looms over ownership of 13 ill-fitting locomotives that were bought for R2.6bn; Working class families have resorted to spending at least 24% less on groceries due to increasing electricity and transport costs

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Africa is optimistic about the future and working hard to embrace the rising tide of the fourth industrial revolution, but CEOs warn that a lack of skills development and a huge youth unemployment challenge will hamper the continent’s competitive ability.A court battle looms over ownership of 13 ill-fitting locomotives that were bought for R2.6 billion.

A devastating survey reveals that rising electricity and transport costs have taken a 24% chunk out of grocery spend. Many people end up with not enough food.With hot tea, Wi-Fi and soft sofas – not to mention native birds and a rippling dam – a new breed of luxury cemetery is reinforcing divides between Johannesburg’s haves and have-nots. Check the conditions, credit facilities are never really paid off and could cost you significantly more, writes Maya Fisher-French.

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How invested is SA's food industry in nourishing the nation? Not verySouth Africa’s food and beverage industry is mostly paying lip service to improving the nutrition of the nation.
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