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Finance Minister Enoch Godongwana
Finance Minister Enoch Godongwana
Promises of major reforms to Budget process and spending as Godongwana tables Budget 3.0
21st May 2025 By: Terence Creamer

Finance Minister Enoch Godongwana indicated that major reforms are being considered to both State spending and the actual Budget process when tabling a third version of the contentious 2025 Budget in Parliament on Wednesday. 


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Latest News

SA Canegrowers welcomes no increase in sugar tax
21st May 2025 By: Sabrina Jardim

Industry body SA Canegrowers says it welcomes the decision by Finance Minister Enoch Godongwana not to enact any further increases in the Health Promotion Levy – or sugar tax – in his latest... 


Scatec executive VP for sub-Saharan Africa Alberto Gambacorta
Carbon tax policy signals shift in climate, energy landscape – Scatec
21st May 2025 By: Sabrina Jardim

With South Africa’s revamped carbon tax policy due to come into effect in 2026, the country’s climate and energy landscapes are expected to undergo a decisive shift, says renewable-energy firm... 


Chicken Bar founder Asanda Maqabuka
Local chicken fast-food startup to benefit from Grindstone, MIC funding and support
21st May 2025 By: Marleny Arnoldi

Structured entrepreneurship development programme Grindstone Ventures has announced black female-owned grilled chicken business Chicken Bar as the first startup to benefit from a funding programme... 


Consumers
South Africa inflation rises slightly to 2.8% y/y in April
21st May 2025 By: Reuters

South Africa's inflation rose marginally in April due to higher food prices but remained below the central bank's target range, statistics agency data showed on Wednesday. Headline consumer... 


US President Donald Trump & South African President Cyril Ramaphosa
Trump falsely insists Afrikaners face genocide in heated meeting
21st May 2025 By: Bloomberg

US President Donald Trump rejected South African President Cyril Ramaphosa’s argument that there’s no genocide against White Afrikaners, airing a video and showing images in the Oval Office that he... 


Real Economy Graphics

SA's expenses almost always exceed its revenue
SA's expenses almost always exceed its revenue
16th May 2025

A significant portion of South Africa’s budget is spent on servicing debt – R389-billion in 2024, according to the National Treasury. This exceeds allocations for basic education (R323-billion),... 


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Latest News

Shuka Minerals' listing on the Johannesburg Stock Exchange.
London's Shuka Minerals lists on JSE to beat of African drum at high-spirited event
21st May 2025 By: Martin Creamer

Shuka Minerals, which is primarily listed on the alternative investment market of the London Stock Exchange (LSE), on Wednesday sealed a secondary listing on the alternative exchange of the... 


Huawei unveils AI-driven green warehouse in Joburg
Huawei unveils AI-driven green warehouse in Joburg
21st May 2025

Huawei South Africa has showcased its newly opened 14 000 m2 artificial intelligence-powered, green intelligent warehouse in Johannesburg. Natasha Odendaal tells us more. 


President Cyril Ramaphosa arriving in the US
Under attack by Trump, South Africa's Ramaphosa responds with trade deal offer
21st May 2025 By: Reuters

South African President Cyril Ramaphosa heads to the White House on Wednesday on a perilous mission to persuade US President Donald Trump to make deals with his country rather than scold and punish... 


PIC supports Daybreak Foods business rescue process, announces reconstituted board
20th May 2025 By: Sabrina Jardim

The Public Investment Corporation (PIC) says it supports the decision of the board of Daybreak Foods to place the company under business rescue. “The PIC, a major creditor and shareholder of... 


How platinum is used in fuel cell electric vehicles.
New technology uses sound to recover 92% of platinum from hydrogen fuel cell stacks
20th May 2025 By: Martin Creamer

New technology, which uses sound to recover 92% of platinum from hydrogen fuel cell stacks, is emerging from Johnson Matthey, a company which, interestingly, has a long-standing South African... 


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Renergen’s JSE share price surges on buyout offer
20th May 2025 By: Schalk Burger

Gas and energy company Renergen’s share price on the JSE surged by more than 78% on May 20, after the company and Nasdaq-listed advanced materials company ASP Isotopes announced that ASP Isotopes... 


Eyamakhosi MD Sicebi Mthethwa, Acting TNPA CEO Phyllis Difeto and Grindrod Limited CEO Xolani Mbambo
R285m Port of Richards Bay container facility to be operational in 2028
20th May 2025 By: Terence Creamer

A R285-million container handling facility will be developed at the Port of Richards Bay’s Bayvue precinct, following the signing of an agreement between the Grindrod Eyamakhosi Joint Venture and... 


An image depicting an Astec machine
Astec showcases benefits of modular plants
20th May 2025 By: Sabrina Jardim

As a local manufacturer of modular solutions, including screens, jaw crushers and cone crushers, multinational original-equipment manufacturer (OEM) group Astec Industries notes that there are... 


The Koeberg power plant
South Africa will reactivate the PBMR small modular reactor project
20th May 2025 By: Rebecca Campbell

South Africa is lifting its Pebble Bed Modular Reactor (PBMR) out of care and maintenance, Electricity and Energy Minister Dr Kgosienstsho Ramokgopa confirmed, almost in passing, on Tuesday. He was... 


Starlink owner Elon Musk & President Cyril Ramaphosa
South Africa to offer Musk Starlink deal before Trump meeting
20th May 2025 By: Bloomberg

South Africa’s government plans to offer Elon Musk a workaround of local Black ownership laws for his Starlink internet service to operate in the country, aiming to ease tensions with both the... 


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Magazine



A video round up of this week’s magazine, highlighting our cover story, features and Business Leader.
Magazine round up | 16 May 2025

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

CRITICAL THINKING: After Prime Minister Anthony Albanese and the Labor Party secured a resounding victory in Australia’s 2025 federal election, the A$7-billion critical minerals production tax incentive is set to be implemented. The initiative is designed to support downstream processing and boost Australia’s global competitiveness in battery and energy transition materials.Photograph: Bloomberg
CRITICAL THINKING

After Prime Minister Anthony Albanese and the Labor Party secured a resounding victory in Australia’s 2025 federal election, the A$7-billion critical minerals production tax incentive is set to be... 

Photo of Martin Creamer
Let’s make the most of the favourable gold price situation while it lasts

South Africa should be going all out to produce as much gold as it can while the gold price is so favourable. The five main remaining gold mines should be focusing inward to take full advance of... 

Photo of Terence Creamer
Opaque policymaking

The announcement by Electricity and Energy Minister Dr Kgosientsho Ramokgopa that the load factor for proposed gas-to-power (GtP) plants in South Africa will be increased from 25% to above 50% was... 

Business Leader

Sibulele Dlova, GM for sub-Saharan Africa at GameChange
Sibulele Dlova

This week we profile Sibulele Dlova, GM for sub-Saharan Africa at GameChange Solar, the second-largest global provider of solar-tracker solutions used in utility-scale and ground-mounted... 

ACTION: It may be the third attempt, but crafting a Budget that meets the expansionary aspirations of some, the demands for cuts by others, while remaining within the debt limits desired by just about everyone else will be an extremely difficult balancing act. What’s more, the growth and, thus, probably the revenue outlook will need to be moderated relative to the February projections to remain credible.
ACTION

It may be the third attempt, but crafting a Budget that meets the expansionary aspirations of some, the demands for cuts by others, while remaining within the debt limits desired by just about... 

Showroom

Weir
Weir

Weir is a global leader in mining technology. We recognise that our planet’s future depends on the transition to renewable energy, and that...

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SABAT
SABAT

From batteries for boats and jet skis, to batteries for cars and quad bikes, SABAT Batteries has positioned itself as the lifestyle battery of...

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AQS Liquid Transfer

AxFlow AQS Liquid Transfer (Pty) Ltd is an Importer and Distributor of Pumps in Southern Africa

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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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