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Economy

FNB/BER Civil Confidence Index falls further in the first quarter
27th March 2025 By: Darren Parker

Following a decline to 48 in the fourth quarter of 2024, the FNB/BER Civil Confidence Index fell by a further three points to 45 in the first quarter of 2025. The index can vary between a maximum... 


South Africa shifts to FDI inflows in fourth quarter, central bank says
27th March 2025 By: Reuters

South Africa recorded foreign direct investment inflows of R7.5-billion in the fourth quarter, compared to outflows of R3.2-billion in the third quarter, central bank data showed on Thursday. The... 


Saint-Gobain Africa launches new unifying programme
27th March 2025 By: Sabrina Jardim

Sustainable building materials producer and distributor Saint-Gobain Africa has renewed its commitment to the African continent through a new unifying programme – Make it in Africa to Build Africa... 


Mooted infrastructure projects need to be executed to restore steel demand, association says
27th March 2025 By: Darren Parker

Local steel consumption needs to be ramped up significantly through the execution of mooted infrastructure projects, by both the public and private sectors, Hot Dip Galvanizers Association of... 


Transnet, Satawu sign three-year wage deal
27th March 2025 By: Schalk Burger

State-owned Transnet and labour union the South African Transport and Allied Workers’ Union (Satawu) have signed a three-year wage agreement for increases of 6% in the first two years and a 5.5%... 


IDC weighs taking control of AMSA
27th March 2025 By: Bloomberg

A South African State development bank is considering taking a majority stake in the local unit of ArcelorMittal South Africa (AMSA) as it tries to halt the planned closure of two steel mills... 


World Bank, South Africa have $3bn plan to rescue cities
27th March 2025 By: Bloomberg

South Africa, with the help of the World Bank, has a $3-billion plan to reverse the decline in services and infrastructure in eight of its biggest cities. It will use a $1-billion loan from the... 


African exporters to face market challenges as EU expands Carbon Border Tax
26th March 2025 By: Darren Parker

Recent amendments to the EU’s Carbon Border Adjustment Mechanism (CBAM) regulatory framework, introduced on February 26, are expected to have significant implications for African exporters. The... 


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Budget

Fitch thinks S Africa will struggle to stabilise debt as projected in budget
14th March 2025

Fitch ratings agency said on Friday that it thought South Africa's government would struggle to stabilise debt as projected in this week's revised budget. "South Africa's 2025 budget, unveiled on... 


Complexity of South Africa's economic environment led to tough Budget balancing
13th March 2025

While national tax policy is based on the premise that a revenue service can continue to collect more revenue on the basis of growth in an economy, growth has been elusive for South Africa's... 


Kieswetter confident that Sars modernisation will boost tax collection
13th March 2025

South African Revenue Service (Sars) Commissioner Edward Kieswetter on March 13 explained the revised revenue estimate presented by Finance Minister Enoch Godongwana in the Budget tabled in... 


Competition Policy

Tribunal greenlights R101m settlement, ending years-long legal battle between commission, Willowton
17th February 2025

The Competition Tribunal has confirmed a consent agreement between sunflower seed crusher the Willowton Group and the Competition Commission, ending prolonged litigation between the parties since... 


South Africa needs strong steel policies or risks losing more manufacturing, Memsa warns
14th January 2025

Localisation policies and incentives for manufacturers must be restored and expanded to shield the South African economy from further de-industrialisation, with the closure of steel producer... 


Commission tasks munis, agents and retailers to fix distortion in fresh produce market
13th January 2025

After launching a market inquiry into the fresh produce industry in March 2023, the Competition Commission has released its final report on the matter confirming that there are significant barriers... 


Labour

Nedlac announces consensus on 47 labour law reforms
11th March 2025

Negotiations between organised business, organised labour and government, led by the Department of Employment and Labour (DEL), on a substantive labour law reform process have now concluded. The... 


Committee bemoans lack of govt communication amid AMSA longs wind-down
10th March 2025

As talks intensified earlier this year between primary steel producer ArcelorMittal South Africa (AMSA) and government to mitigate the impacts of AMSA’s wind-down of its longs business, the Select... 


Ramaphosa calls for agri growth agenda biased toward empowering black farmers
10th March 2025

While agriculture has been a mainstay of growth in South Africa’s economy over the last three decades, the industry cannot be sustainable without addressing issues of equity and inclusion in... 


Legislative Environment

TotalEnergies faces French manslaughter probe over Mozambique attack
17th March 2025

French prosecutors have opened an investigation into TotalEnergies over potential manslaughter and a failure to assist people in danger during a jihadist attack in Mozambique, the energy firm said,... 


Electric steel producers call for reinstatement of scrap metal export ban
14th March 2025

A representative group of local electric steel producers has urged Trade, Industry and Competition Minister Parks Tau to reinstate a ban on the export of scrap metal. “The ban will ensure the... 


Firm addresses legal, export risks attributed to bud rot spread
14th March 2025

The potential spread of phytophtora palmovira (bud rot) from infested areas through host material to other areas may negatively affect South Africa’s domestic and international trade, says law firm... 


Macro & Micro

High corruption in policing points to govt inadequacy in confronting challenges – Corruption Watch
27th March 2025

Corruption Watch chairperson Professor Themba Maseko said on Thursday that the high number of corruption issues in the policing sector is an indication of government’s inadequacy in confronting... 


FNB/BER Civil Confidence Index falls further in the first quarter
27th March 2025

Following a decline to 48 in the fourth quarter of 2024, the FNB/BER Civil Confidence Index fell by a further three points to 45 in the first quarter of 2025. The index can vary between a maximum... 


South Africa shifts to FDI inflows in fourth quarter, central bank says
27th March 2025

South Africa recorded foreign direct investment inflows of R7.5-billion in the fourth quarter, compared to outflows of R3.2-billion in the third quarter, central bank data showed on Thursday. The... 


State Companies

Macpherson, Saldanha Bay mayor commit to collaborate on small harbours revitalisation
26th March 2025

Following an oversight visit to the St Helena Bay and Saldanha Bay small harbours on March 25, Public Works and Infrastructure Minister Dean Macpherson and Saldanha Bay local municipality mayor... 


Former Eskom nuclear head to lead National Radioactive Waste Disposal Institute
25th March 2025

Eskom’s former chief nuclear officer, Riedewaan Bakardien, will take up the position of CEO of the National Radioactive Waste Disposal Institute (NRWDI) on April 1. Bakardien has more than 20... 


Experts suggest govt expenditure correction, collaboration to realise more infrastructure development
20th March 2025

Business Unity South Africa CEO Khulekani Mathe is not very optimistic about government realising R1-trillion of investment in infrastructure over the next three years, as set out in the National... 


Statistical Releases

Afrimat Construction Index records third successive quarter of increases
25th March 2025

The Afrimat Construction Index (ACI) for the fourth quarter of 2024 increased by 0.6% quarter-on-quarter and 2.5% year-on-year – the third successive quarter of improvements. This is the first time... 


Midtier sub-Saharan Africa markets could see slight growth uptick in 2025
18th March 2025

Most midtier markets in sub-Saharan Africa are expected to see a slight uptick in their growth rates this year, economic and financial research company BMI sub-Saharan Africa country risk senior... 


Trade landscape shifting, new risks loom – Unctad
17th March 2025

Global trade started this year on stable ground, but challenges are mounting and the latest Global Trade Update by United Nations Trade and Development (Unctad), which covers data through to early... 


Tourism

Cape Town International Airport saw a record number of international passengers in 2024
21st January 2025

Cape Town Air Access, a public-private initiative headed by Western Cape trade, tourism and investment promotion agency Wesgro, has announced that Cape Town International Airport (CTIA) chalked up... 


SA Tourism expects to generate R616m from 53 planned events
14th January 2025

Tourism promotion agency South African Tourism (SA Tourism) has secured fifty-three bids for international events in the 2024/25 financial year to March 31, 2025, which are expected to generate... 


Home Affairs selects first participants in new tourism promotion scheme
13th January 2025

The Department of Home Affairs (DHA) has selected the first round of participating companies in its new Trusted Tour Operator Scheme (TTOS). The scheme is aimed at boosting tourism arrivals from... 


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