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Dear [subscriber:firstname | default:reader],

Welcome to the second quarterly edition of the Tutwa Newsletter. June is a special month for South Africa as we reflect on the bravery of the generations of the youth of South Africa – since the critical uprising of 1976 – who have taken to the streets to fight against injustice and prejudice.

For us at Tutwa, as we take on the second part of the year, we challenge all individuals to introspect on the kind of future we are creating for the youth. Are we investing in the next generation of leaders? Certainly, there are views regarding a “moral degeneration”, however, together, with concerted effort and focus, we can create a better-lived experience for the youth – free from corruption, gender bias, violence, and crime.

This calls to mind a challenge we once posed – not to allow prejudice and discrimination to go unnoticed and uncorrected. Remind yourself of this challenge here. The responsibility to build a capable and ethical society rests on each, and every one of us. We must do good and where we are unable, we must strive not to cause harm. We must create hope for the next generation of leaders.

With ongoing political tensions playing out in the ruling party and causing further fragmentation in the ANC, all roads lead to the local government elections, set for 27 October 2021. This, of course, remains subject to the outcome of an urgent review by former deputy chief Justice Dikgang Moseneke, who will determine if the elections can be free and fair amid the COVID-19 pandemic.

Tutwa Consulting Group believes that corruption deters the efforts of governments, and private sector, and non-state actors to achieve optimal socio-economic outcomes in their respective endeavors. With the consistent discoveries made at the Zondo Commission of Enquiry, we look forward to seeing the corrupt being brought to book.

Through an economic lens, agriculture continues to be a critical sector as an important safeguard of food security for so many families. Just weeks ago, President Cyril Ramaphosa handed over land and title deeds to the value of R25.5-million to the Tafelkop Farmers Association at Ga-Sekhukhune in the Limpopo’s Groblersdal district. Accompanied by a ministerial entourage (Ministers Patricia de Lille; Thoko Didiza; Ronald Lamola; Khumbudzo Ntshavheni), the handover ceremony was the culmination of a land reform process. This represents the empowerment of small-scale farmers who fall under the category of SMMEs. There are opportunities that small businesses must exploit, and our researcher Danae Govender unpacks how SMMEs, and women-led businesses, can leverage opportunities brought by the #AfCFTA.

Despite the sharp rise in South Africa’s inflation rate from 3.2 % in March to 4.4 % in April 2021, the announcement by the SA Reserve Bank Governor Lesetja Kganyago that the Monetary Policy Committee (MPC) unanimously decided to keep the repo rate at 3.5 % boosted the rand. Heinrich Krogman uncovers how this may impact you and your business.

Tutwa is on the move! We are pleased to share our new location with our community. Our new offices are located in Illovo, Johannesburg. There are further exciting developments underway that we will share with you very soon. Watch this space!

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We encourage our community to touch base with us and see how we can support their goals and strategic direction as far as trade, investment, market-entry, and political risk is concerned. We pride ourselves on expert knowledge and our team is eager to keep you ahead of the curve with policy insights to guide you through unfamiliar and complex terrain.

SMEs and women-led businesses must leverage the benefits of the AfCFTA

Author: Danae Govender

The African Continental Free Trade Area (AfCFTA) was formed with the intention of boosting intra-African trade to accelerate growth and facilitate investment on the continent. This was done with the pan-African vision of an integrated, peaceful, and prosperous continent. While the more established names within the trade space may very well be capable of capitalizing on the potential gain from …

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SMEs and women-led businesses must leverage the benefits of the AfCFTA

SA’s trade cognitive dissonance

SA’s trade cognitive dissonance
Author: Heinrich Krogman
As governments the world over go through the final stages of ebb and flow on opening and closing their economies, South Africa seems to be keeping pace with the global recovery. Merchandise exports continue to outpace imports while the rand continues to strengthen against all major currencies. These developments have a lot to do with the rebound in foreign demand …
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