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Economy

Growthpoint completes redevelopment of historic Longkloof Precinct
21st February 2025 By: Schalk Burger

JSE-listed real estate investment trust Growthpoint has completed the multiyear, multimillion-rand redevelopment of the historic Longkloof Precinct in a heritage-led project to inject new life into... 


The green economy is real and offers real opportunities for Africa
21st February 2025 By: Rebecca Campbell

“You see the whole world focused on climate, and focusing on Africa,” highlighted Sanlam Investments CEO Carl Roothman in his address on the second day of Africa’s Green Economy Summit (AGES) 2025,... 


No work, no pay will apply to workers participating in Cosatu strike in the Western Cape
21st February 2025 By: Marleny Arnoldi

The Steel and Engineering Industries Federation of Southern Africa has reminded its members that the Congress of South African Trade Unions (Cosatu) intends to have workers support a protest in the... 


9.8% drop in murder cases, but Saps to reassess policing in hotspots
21st February 2025 By: Thabi Shomolekae

Police Minister Senzo Mchunu announced on Friday that the South African Police Service has dedicated next week Thursday to reviewing policing in high murder zones, while he observed an overall... 


Sacci, Absa partner on new SME index
21st February 2025 By: Marleny Arnoldi

In addition to its existing indices that provide information on South Africa’s business landscape, the South African Chamber of Commerce and Industry (Sacci) and Absa have announced a new index... 


Godongwana, Cabinet has much to consider before March 12
21st February 2025 By: Marleny Arnoldi

Accounting firm PKF says one positive aspect to the delay in tabling the Budget speech, to March 12, is that stakeholders will know the budget is approved at Cabinet-level before its tabling.... 


Cabinet faced with trade-offs in new Budget
21st February 2025 By: Creamer Media Reporter

Engineering News editor Terence Creamer discusses what led to Finance Minister Enoch Godongwana being unable to deliver what was meant to have been the first Budget since the formation of the... 


EU bolsters ties with South Africa amid tensions with Trump
21st February 2025 By: Bloomberg

The European Union and South Africa are forging closer ties after previous disagreements led to a frosty relationship, the bloc’s top diplomat said. The rapprochement comes as US President Donald... 


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Budget

Godongwana, Cabinet has much to consider before March 12
21st February 2025

Accounting firm PKF says one positive aspect to the delay in tabling the Budget speech, to March 12, is that stakeholders will know the budget is approved at Cabinet-level before its tabling.... 


Cabinet faced with trade-offs in new Budget
21st February 2025

Engineering News editor Terence Creamer discusses what led to Finance Minister Enoch Godongwana being unable to deliver what was meant to have been the first Budget since the formation of the... 


Some good may come from delay in tabling of the Budget – economists
20th February 2025

Although the delay in the tabling of the 2025 Budget has impacted on policy certainty and the rand, the delay may be worthwhile if the Budget that is delivered on March 12 turns out to be truly... 


Competition Policy

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... 


Itac gets Sars to provisionally implement 52.81% duties on imported Chinese structural steel
2nd December 2024

Pending the outcome of an investigation by the International Trade Administration Commission of South Africa (Itac) into the alleged dumping of structural steel products imported from China and... 


Protectionism not the answer to South Africa’s economic problems, CDE says
20th November 2024

Think tank the Centre for Development and Enterprise (CDE) has called for an overhaul of industrial policy to move it away from protectionism and towards a focus on maximising exports. The... 


Labour

CHIETA proposes digital badges to recognise artisan skills development
29th January 2025

The Chemical Industries Education and Training Authority (CHIETA) is proposing the use of digital badges as a way of recognising and verifying artisans' achievements, skills and competencies. The... 


AMSA’s long-steel closure a ‘devastating’ blow to economy, SEIFSA warns
10th January 2025

The Steel and Engineering Industries Federation of Southern Africa (SEIFSA) has expressed grave concern over ArcelorMittal South Africa’s (AMSA’s) decision to mothball its long-steel operations,... 


WEF report shows future jobs potential, but urgent upskilling required
8th January 2025

The World Economic Forum’s (WEF’s) ’Future of Jobs Report 2025’ reveals that 22% of jobs globally will face disruption by 2030, with 170-million new roles set to be created and 92-million... 


Legislative Environment

Hulamin says new 25% US tariff on aluminium imports likely to improve its competitiveness
20th February 2025

JSE-listed aluminium producer Hulamin says the 25% duty on aluminium imports into the US will have no impact on its competitive position in the US market as all its competitors will be subject to... 


Govt to spend R18.4bn over next three years through various dtic incentive programmes
20th February 2025

NTo enhance productivity, competitiveness and the green economy, government will spend R18.4-billion over the medium term to support businesses through various incentive programmes under the... 


Tau announces fund to eliminate foodborne illnesses in township shops
18th February 2025

A fund aimed at addressing challenges linked to foodborne illnesses, particularly in township convenience stores, has been established. This was announced by Trade, Industry and Competition... 


Macro & Micro

9.8% drop in murder cases, but Saps to reassess policing in hotspots
21st February 2025

Police Minister Senzo Mchunu announced on Friday that the South African Police Service has dedicated next week Thursday to reviewing policing in high murder zones, while he observed an overall... 


Sacci, Absa partner on new SME index
21st February 2025

In addition to its existing indices that provide information on South Africa’s business landscape, the South African Chamber of Commerce and Industry (Sacci) and Absa have announced a new index... 


Cabinet faced with trade-offs in new Budget
21st February 2025

Engineering News editor Terence Creamer discusses what led to Finance Minister Enoch Godongwana being unable to deliver what was meant to have been the first Budget since the formation of the... 


State Companies

Govt to spend R18.4bn over next three years through various dtic incentive programmes
20th February 2025

NTo enhance productivity, competitiveness and the green economy, government will spend R18.4-billion over the medium term to support businesses through various incentive programmes under the... 


Dept of Transport, Transnet to engage market on private sector participation opportunities soon
20th February 2025

The Department of Transport and State-owned Transnet will, in the next two months, engage the market on private sector participation (PSP) projects in several areas, Finance Minister Enoch... 


Govt advanced R4bn less than projected in debt relief to Eskom last year
20th February 2025

By March 31, government will have advanced R140-billion in debt relief to State-owned entity Eskom, Finance Minister Enoch Godongwana revealed in the 2025 Budget Review documents, which were made... 


Statistical Releases

December manufacturing production down 1.2% y/y, Stats SA reports
11th February 2025

South Africa’s manufacturing production decreased by 1.2% year-on-year in December, according to a report by Statistics South Africa (Stats SA) released on February 11. The largest negative... 


Absa PMI declines again in January, lowest level since August
3rd February 2025

Financial services firm Absa’s Purchasing Managers’ Index (PMI) declined by 0.9 points to 45.3 points in January – the third consecutive contraction and the lowest level since August 2024. This... 


IMF projects South Africa’s GDP growth will reach 1.5% this year
31st January 2025

The International Monetary Fund (IMF) expects South Africa’s yearly economic growth rate to reach 1.8% by 2030, supported in large part by ongoing electricity and logistics reforms. In the outcome... 


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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