Top economist warns of SA being trampled by trade war elephants, the US and China

Ctrack SA - Mike Schussler_Logistics Barometer 2Mike Schussler

By John Fraser

Top economist Mike Schussler has warned that the fallout from the US-China trade war could trample emerging economies like SA.

He was speaking at the release of the new Ctrack Logistics Barometer, which will provide a unique insight into the health and development of the transport/logistics sector in SA.

He said he is already detecting ripples from the global trade unrest.

“You can see the volatility of international trade at sea in particular,” said Schussler, who heads economists.co.za.

“Suppliers like SA are like grass in an elephant fight when the two big elephants fight – when the US and China are in a trade conflict.

“The Hong Kong protests add another complexity, and the Brexit divorce will also have an impact.”

Schussler explained that it has been many years since he compiled a Transport Barometer for Transnet, but said that his monthly data will again ensure the transport and logistics sector will be properly measured and tracked.

“When we measure it, it is 8.2% of GDP,” he said.   “It is as big as mining; bigger than agriculture.”

He also noted the key role the sector plays in keeping trade and the economy flowing.

“The Ctrack Logistics Barometer is our way of providing the transport and related sectors with quality, updated information about the state of the logistics industry in South Africa,” said Hein Jordt, managing director of Ctrack South Africa.

“The barometer allows the business community and media to better understand how the logistics industry in South Africa is performing. With this information, businesses involved in the sector are able to make better strategic decisions.”

C track image

The Ctrack Logistics Barometer can be viewed online at http://www.ctrack.co.za.

As the above table shows, the maiden Ctrack Logistics Barometer shows that for the July quarter, the sector rose by 2.7% Q/Q – above the average GDP growth rate.

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Podcast tasting: Simonsig Kaapse Vonkel Brut 2016

Simonsig-Kaapse-Vonkel-Brut

And we are back……..

ZA Confidential tackles another Cape bubbly, this time the Simonsig Kaapse Vonkel Brut 2016.

Michael Olivier pops the cork for Cape Wine Master Debi van Flymen,  brander Jeremy Sampson, economist Chris Hart, and Clientele’s Malcolm MacDonald.

Then John Fraser leads a discussion into the way restaurant wine mark-ups can leave a nasty taste in the mouth.

Click below, and give it a listen:

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Wine tasting podcast – Altydgedacht Barbera 2015

Altydgedacht Barbera 2010

The ZA Confidential tasting team returns to the Cape Winelands for an unusual but delish Italian-style red – the Altydgedacht Barbera 2015.

Man-with-a-pan Michael Olivier adds a corkscrew to his armoury and introduces the wine, with guest tasters Duane Newman of Cova Advisory,  Jeff Osborne of Gumtree Auto, Malcolm Macdonald of Clientele and branding superstar Jeremy Sampson.

There is also a chat about aspirational drinking, and whether South Africans are foolishly forsaking local spirits for imported brands.

Click below, and give it a listen……

Podcast: Yonder Hill Nicola 2015

 

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ZA Confidential is back in the Cape Winelands for another wine tasting podcast.  This time it is a robust red, the 2015 Yonder Hill Nicola.

Michael Olivier uncorks the bottle for John Fraser, branding expert Jeremy Sampson, Gumtree’s Jeff Osborne, Duane Newman from Cova Advisory and Clientele’s Malcolm MacDonald.

After the tasting, there is a chat on marketing SA wines, sometimes by masking their origin.

Click below and give it a listen…..

 

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Twitter:  @zaconfidential