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IMF forecasts 1.4% growth for South Africa in 2026, while highlighting risks to global growth outlook
Updated 22 minutes ago By: Terence Creamer

The International Monetary Fund (IMF) has made a small 0.2 percentage point upward revision to South Africa’s projected growth for 2026 in its January World Economic Outlook (WEO), forecasting that the economy will grow by 1.4% this year. Its 2027... 


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World Bank’s South African GDP growth forecast shows local reforms working – GCIS
16th January 2026 By: Schalk Burger

The World Bank’s outlook projects that GDP growth in South Africa will increase to 1.4% this year and 1.5% in 2027, which reflects the positive impact of continued reform momentum, particularly in... 


Companies to double investment in AI in 2026
16th January 2026 By: Schalk Burger

Companies are planning to double their spending on AI technology this year, which represents more than twice the increase for 2025, says management consulting firm Boston Consulting Group (BCG) in... 


Rand Currency
South Africa’s rand set for longest winning streak since 2002
16th January 2026 By: Bloomberg

South Africa’s rand is on a weekly winning run not seen in more than two decades as elevated precious-metal prices and an improving economic backdrop drive gains. The currency is on track for its... 


Image of the Isuzu MVR-based bus
Isuzu Motors launches new commuter bus chassis for the local market
16th January 2026 By: Irma Venter

Isuzu Motors South Africa has launched the MVR bus chassis in South Africa, fitted with a Marcopolo Torino body. Designed as a dedicated commuter bus chassis, the local arm of the Japanese vehicle... 


Network International Africa merchant services MD and PayFast South Africa MD Mpho Sadiki
Alternative digital payment methods eroding the use of cards for payments – PayFast
16th January 2026 By: Schalk Burger

Online payment solutions company PayFast’s 'State of Pay 2025' report shows that the number of payment methods are growing on the back of mobile payments systems, digital wallets, open banking... 


Real Economy Graphics

SA is one of the top 9 countries that generate their electricity from coal
SA is one of the top 9 countries that generate their electricity from coal
16th January 2026

South Africa is one of the top countries in the world for the amount of electricity it generates from coal. It ranked seventh in 2024, generating just over 200 TWh of coal-powered energy. 2024 is... 


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money
Prime rate framework defended amid Competition Commission scrutiny
16th January 2026 By: Darren Parker

The Banking Association South Africa (BASA) has defended South Africa’s long-standing prime interest rate framework, saying the fixed spread between the South African Reserve Bank (SARB) repurchase... 


trade port shipping containers
Global trade set to slow in 2026 as protectionism, fragmentation intensify, Unctad says
16th January 2026 By: Darren Parker

Global trade is expected to continue growing this year but at a slower pace after reaching a record high in 2025, as rising protectionism, geopolitical tensions and tighter regulation reshape trade... 


Defence Minister Angie Motshekga
South Africa launches inquiry into Iran's participation in BRICS+ naval drills
16th January 2026 By: Reuters

South Africa's defence ministry has launched a probe into Iran's participation in the BRICS+ naval exercises held near Cape Town this week, after reports that President Cyril Ramaphosa had asked... 


South African rands
Treasury invites comment on new laws for financial crime mitigation
16th January 2026 By: Marleny Arnoldi

National Treasury on January 14 published the draft General Laws Amendment Bill for public comment, which relate to anti-money laundering and combating terrorism financing. Interested parties... 


Rand Currency bank notes
South African rand muted as traders eye local inflation data next week
16th January 2026 By: Reuters

South Africa's rand was subdued in early trade on Friday as traders awaited an inflation reading due next week for fresh signals on the health of Africa's most industrialised economy and clues on... 


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Outgoing Aveng group CE and director Scott Cummins
Aveng appoints interim CE, as Cummins retires at month-end
16th January 2026 By: Marleny Arnoldi

Infrastructure and contract mining group Aveng has announced that its group CE and director Scott Cummins will retire effective January 30. Aveng has appointed David Simpson interim group CE and... 


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Questions raised about Eskom's revised unbundling plan
16th January 2026 By: Creamer Media Reporter

Engineering News editor Terence Creamer discusses the December announcement by power utility Eskom and government of a revised unbundling plan for the State-owned entity; the reasons given for not... 


Naval vessel
US accuses South Africa of cosying up to Iran with naval drills
16th January 2026 By: Bloomberg

The US criticised South Africa for allowing Iran to participate in naval drills off the coast of Cape Town, after conflicting reports about the Islamic Republic’s involvement in the exercises.... 


Boston Consulting Group’s Tycho Möncks (left) and Mikhail Nikomarov.
2025 to 2035 decisive for Africa’s new mineral wealth opportunity, say Boston execs
16th January 2026 By: Martin Creamer

Africa’s mineral wealth has become a focal point for the clean energy transition and advanced manufacturing and coordinated action by Africa can convert the continent’s mineral wealth into GDP... 


Image of Water and Sanitation Minister Pemmy Majodina
Despite delays, Hammanskraal water project progress
16th January 2026 By: Natasha Odendaal

A package plant aimed at securing water supply for Hammanskraal residents is currently 88% complete. Forming part of the Department of Water and Sanitation’s (DWS’s) “Hammanskraal intervention... 


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Magazine

Magazine round up | 16 January 2026
Magazine round up | 16 January 2026

A video round up of this week’s magazine, highlighting our cover story, features and Business Leader. 

EGOLI RELOADED
EGOLI RELOADED

Flanked by partially vegetated mine dumps that serve as a visual reminder of the central role that gold once played in the development of Johannesburg, is Qala Shallows, South Africa’s first... 

Photo of Martin Creamer
The best must be made of South Africa’s fortuitous commodity windfall

South Africa's commodity windfall, according to Old Mutual Investment Group, is expected to seep into the broader economy, boosting banks, retailers and property stocks as stronger prices improve... 

Photo of Terence Creamer
Danger signs

“We live in a world, in the real world, Jake, that is governed by strength, that is governed by force, that is governed by power. These are the iron laws of the world since the beginning of time,”... 

Business Leader

Nokwanda Khumalo, GM: Mobility and Convenience at bp Southern Africa
Nokwanda Khumalo

This week we profile Nokwanda Khumalo, GM: Mobility and Convenience at bp Southern Africa, a supplier of fuel, lubricants and energy solutions 

TO-DO LIST
TO-DO LIST

The South African economy is definitely showing signs of recovery. However, there is a long way to go to truly break free from the low-growth shackles created by years of sub-optimal governance,... 

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SafeQuip
SafeQuip

SafeQuip is a leading distributor and manufacturer of fire safety solutions, offering a comprehensive range of products designed to meet all...

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M and J Mining
M and J Mining

M and J Mining are leading suppliers of physical support systems as used by the underground mining industry. Our selection of products are not...

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Multotec
Multotec

Multotec, recognised industry leaders in metallurgy and process engineering help mining houses across the world process minerals more efficiently,...

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MBE Minerals SA (Pty) Ltd
MBE Minerals SA (Pty) Ltd

Your global lifecycle technology & service partner for materials & minerals processing equipment for coal, iron ore, copper, manganese & other...

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