Editorial: Perfect supply chain globalisation with Nutella

“Beloved hazelnut spread Nutella is a classic example of the benefits and costs of globalisation.”

Is there anything better than the chocolaty hazelnutty goodness that is a spoonful of Nutella? We think not, but deliciousness aside there is a good supply chain model behind the spread as Lionel Laurent attests with his opening quote.

While parent company Ferrero has had to ramp up traceability in recent years the product has since become a global supply chain success lifting many out of poverty. Reading the analysis of Nutella, it becomes evident that with the COP26 conference it has become of paramount importance for businesses to source products sustainably and with full supply chain traceability and environmental, social and governance metrics in place.

It’s mini-budget week with Finance Minister Enoch Godongwana presenting his first budget before parliament on Thursday.

Chris Hart writes (Subscribe to read) that it’s time for South Africa to have a long and objective look at what is needed for the SA economy. While Bheki Ntshalintshali believes that the budget is a chance for government to show that it listens to its citizens and cares about their concerns. And Claire Bisseker writes the budget will be conservative and hold the line on debt stabilisation with an emphasis on there being a safe pair of hands holding the purse strings. (Subscribe to read)

Here’s some opinions, analysis and editorials you should read today:

Election Roundup
JUSTICE MALALA | Will the ANC mend its ways? Does it matter? SA is moving on – Sunday Times Daily (Register to read)
Adriaan Basson | The major risks of an ANC-EFF coalition for SA’s future – News24 (Subscribe to read)
Mpumelelo Mkhabela | The hard work starts now not only for the ANC, but also the DA – News24 (Subscribe to read)

SA Business
Will sugar replacement producers’ race to win custom turn sour? – Sunday Times Daily (Register to read)
South Africa’s power utility Eskom: how does it stack up in the pollution stakes? – The Conversation
Tragic truth: Anti-mining fundamentalists are not helping to solve the unemployment crisis – Daily Maverick
Mark Cutifani’s amazing journey at Anglo American – Daily Maverick
Blue Train stabbed in the back by state – The Citizen (Subscribe to read)

Global Business
Merchandising is a cash cow for films — and that’s where Netflix is heading with ‘Squid Game’ – Mail & Guardian
Your world hunger argument doesn’t pass Musker, Elon – Sunday Times Daily (Register to read)

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