Wine is one of the utmost popular drinks consumed worldwide. The escalating demand for wine, because of its unusual taste and health assistances is one of the key aspects boosting the growth of the global wine market. The global wine mar…
BMI View: South Africa's mining sector will face persistent headwinds due to labour unrest, mineral price
weakness, further divestments and retrenchment.
Latest Updates And Structural Trends
- Coal: On August 29 2016, Coal India approved signing of a memorandum of understanding (MoU) with
the South Africa government-controlled African Exploration Mining and Finance Corporation. Areas
of collaboration include identification, acquisition, exploration, development and operation of coal assets
in South Africa. This confirms our long held view of increasing Indian investment into South Africa's
- Gold: We have raised our gold price forecasts for 2016 to USD1,275 per ounce (/oz) from USD1,150/oz.
A recalibration of expectations for the global monetary policy trajectory by investors and equity market
turmoil has combined to create a more positive environment for gold prices than we previously