Car sales, exports still depressed
New vehicles sales and exports declined sharply in May on local consumer debt aversion and reduced global export demand, as South Africa's automotive industry geared itself for an extremely difficult year.
Gold coin demand soars
The demand for gold coins has hit an all-time high, says the South African Gold Coin Exchange, with all indications that the gold bull market will extend strongly into the future.
Crisis takes toll on diamonds
South Africa's diamond production will continue declining up to at least 2011, consultancy Frost & Sullivan says, amid a global decline in demand for diamonds and signs that the global economic recovery will be protracted.
Wine exports 'will pick up soon'
South African wine exports are being hit by the global economic crisis, but South Africa's Wine-of-the-Month Club is optimistic that sales will pick up soon, saying the local industry "has never looked better".
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