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Nedbank chief economist Nicky Weimar
A department of govt efficiency would not be a bad idea for South Africa, Weimar suggests
21st February 2025 By: Darren Parker

Following the unprecedented Budget speech debacle that played out on February 19, Nedbank chief economist Nicky Weimar has advocated for creative and ruthless cutting of wasteful government... 


An image of Econometrix chief economist and director Dr Azar Jammine
Budget speech delay indicative of a ‘robust democracy’ – economist
21st February 2025 By: Tasneem Bulbulia

The unprecedented delay in South Africa’s Budget speech this week reflects several positives for the country and, if the country is able to leverage infrastructure spending and tackle structural... 


Business Leadership South Africa CEO Busisiwe Mavuso
Panellists discuss local business environment amid Budget speech postponement
21st February 2025 By: Sabrina Jardim

Following the postponement of the Budget speech from February 19 to March 12, panellists at the PwC ‘Responsible growth for a sustainable future’ panel discussion, on February 21, considered South... 


Itac finds prima facie evidence of flat-rolled product dumping from China, Japan and Taiwan
21st February 2025 By: Schalk Burger

The International Trade Administration Commission of South Africa (Itac) has determined that there was prima facie evidence that certain flat-rolled products of iron, non-alloy or other alloy steel... 


Leverage to higher gold price drives 216% increase in Sibanye-Stillwater’s Ebitda
Leverage to higher gold price drives 216% increase in Sibanye-Stillwater’s Ebitda
21st February 2025 By: Martin Creamer

Leverage to the higher gold price drove a 216% increase in earnings before interest, taxes, depreciation and amortisation (Ebitda) to R3.6-billion for Sibanye-Stillwater in the last six months of... 


An image of the Solar Butterfly
SolarButterfly educational tour to reach Waterfall City soon
21st February 2025 By: Sabrina Jardim

The SolarButterfly – a solar-powered, 30-ft-long house in the shape of a butterfly, which charges an electric vehicle that tows it – is undertaking a tour across South Africa as part of a worldwide... 


Deputy Minister for Public Service and Administration, in the Presidency, Pinky Sharon Kekane, addressing the 2025 Women in the Green Economy breakfast
Women are playing a leading role in green economy innovation
21st February 2025 By: Rebecca Campbell

“Our planet is at a crossroads,” affirmed Presidency Deputy Public Service and Administration Minister Pinky Sharon Kekane in an address at the Women in the Green Economy breakfast, at Africa’s... 


The Kendal power station
Ramokgopa hints that new IRP includes 10-year delay to coal shutdowns
21st February 2025 By: Terence Creamer

Electricity and Energy Minister Dr Kgosientsho Ramokgopa has given the strongest indication yet that the next edition of the Integrated Resource Plan (IRP) will include a 10-year delay to the... 


Growthpoint Longkloof Precint The Refinery
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,... 


Cosatu logo
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... 


Image of Senzo Mchunu
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... 


AUDA-NEPAD, Meta and Deloitte launch AI for SMMEs in Africa platform ALKALI AI
21st February 2025 By: Schalk Burger

African Union Development Agency (AUDA-NEPAD), social media technology company Meta and professional services company Deloitte have launched ALKALI AI – an AI-driven support platform designed to... 


DLO, Longyuan train 100 youth in renewables skills in De Aar
21st February 2025 By: Schalk Burger

Just energy transition social enterprise the DLO Skills Initiative has partnered with Chinese renewable energy company Longyuan South Africa Renewables to provide 100 unemployed youth in De Aar... 


Small business selling tyres
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... 


Sasol's Secunda plant
Research strongly forecasts Secunda plant will wind down from 2030, but Sasol disagrees
21st February 2025 By: Marleny Arnoldi

Petrochemicals giant Sasol is set to face significant headwinds at its Sasolburg and Secunda operations in the coming decade, including a R30-billion-a-year carbon tax cost. Researchers, having... 


Cabinet meeting in 2021
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
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... 


JRA agrees to rebuild, upgrade, maintain 275 Gauteng road traffic signals
21st February 2025 By: Schalk Burger

The Johannesburg Roads Agency (JRA) has signed an agreement with the Gauteng Provincial Department of Roads and Transport (GPDRT) to rebuild, upgrade and maintain 275 traffic signals on various... 


Tiger Brands revenue up 3% y/y for four months to end January
21st February 2025 By: Schalk Burger

JSE-listed fast-moving consumer goods company Tiger Brands Group’s revenue for the four months ended January 31, was up 3% year-on-year, driven by both volume and price inflation. The volume growth... 


European Commission VP Kaja Kallas & International Relations and Cooperation Minister Ronald Lamola
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... 


Image of section of Vaal dam wall
South Africa’s dam levels rise as above normal rainfall persists
21st February 2025 By: Natasha Odendaal

South Africa’s overall dam levels have increased week-on-week from 80.6% to 81.2% as above-normal rainfall persists. The Department of Water and Sanitation’s (DWS’s) hydrology report on the status... 


Magazine round up | 21 February 2025
Magazine round up | 21 February 2025
21st February 2025

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


Magazine cover image
Eight takeaways from an in-flux 2024 new-vehicle market
21st February 2025 By: Irma Venter

It may have been 60 years ago, but Bob Dylan’s 1964 hit perhaps best describes conditions in last year’s automotive market – The Times They Are A-Changin’ 2024 was the year in which the dominance... 


Mondi posts 13% y/y drop in Ebitda amid difficult trading conditions
20th February 2025 By: Sabrina Jardim

Packaging and paper group Mondi has reported a 13% year-on-year decrease in underlying earnings before interest, taxes, depreciation and amortisation (Ebitda) to €1.05-billion for the year ended... 


The Rosh Pinah Solar Park
Appian to acquire the majority shareholding in Rosh Pinah Solar Park
20th February 2025 By: Sabrina Jardim

Metals and mining private capital investor Appian Capital Advisory has announced that it will acquire the majority shareholding in Rosh Pinah Solar Park (RPSP) from Emesco Energy to exclusively... 


UN Development Programme resident representative in South Africa and director of the Africa Sustainable Development Hub Maxwell Gomera
Africa could be a world leader in the green economy – if it makes the right decisions
20th February 2025 By: Rebecca Campbell

Sustainability was not just an environmental need, it was an economic necessity. So asserted UN Development Programme resident representative in South Africa and director of the Africa Sustainable... 


Gold Fields CEO Mike Fraser
Gold Fields boosts free cash, uplifts dividend, outlines South Deep renewables outlook
20th February 2025 By: Martin Creamer

Johannesburg- and New York-listed Gold Fields on Thursday, February 20, delivered an attributable profit of $1 245-million for the year to the end of December, which was well up on the $703-million... 


AfDB Climate Change and Green Growth Department director Anthony Nyong
Although global challenges exist, Africa has great opportunities in meeting climate change 
20th February 2025 By: Rebecca Campbell

Although the world is today facing critical challenges, there are great opportunities for Africa to be a leader in countering climate change. So affirmed Côte d’Ivoire-based African Development... 


Businesses urged to use enhanced deduction for renewable energy incentive before February 28
20th February 2025 By: Schalk Burger

Industry organisation the South African Photovoltaic Industry Association (SAPVIA) urges businesses to take advantage of the government’s renewable energy tax incentive before it expires on... 


Public Works and Infrastructure Minister Dean Macpherson
Macpherson on working visit to Middle East to attract infrastructure investment
20th February 2025 By: Schalk Burger

Public Works and Infrastructure Minister Dean Macpherson is undertaking an official working visit to the Middle East, which will include visits to Kuwait, the United Arab Emirates, the Kingdom of... 


Clyrofor MD and CEO Loyiso Boyce and CSIR Defence and Security executive manager Sipho Mbhokota
Clyrofor, CSIR partnership to support commercialisation of cybersecurity technologies
20th February 2025 By: Schalk Burger

Cybersecurity company Clyrofor and the Council for Scientific and Industrial Research (CSIR) have signed a memorandum of understanding (MoU) to advance innovation, foster skills development and... 


An image of AECI Chemicals chem park
AECI warns of lower earnings on the back of strategic repositioning
20th February 2025 By: Tasneem Bulbulia

JSE-listed AECI expects to report a basic loss a share from continuing and discontinued operations of between R2.41 and R2.95 for the year ended December 31, compared with basic earnings a share... 


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