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Finance Minister Enoch Godongwana
South Africa launches Africa Expert Panel as part of its G20 presidency
12th March 2025 By: Sabrina Jardim

Consistent with the South African Presidency’s intent to draw attention and Group of 20 (G20) consideration to African policy challenges in 2025, an Africa Expert Panel has been established. While,... 


wine bottles
Godongwana burdens wine sector with ‘unworkable’ tax regime, industry body says
12th March 2025 By: Marleny Arnoldi

Industry body South Africa Wine has expressed strong condemnation towards Finance Minister Enoch Gogongwana’s decision to implement “excessive” excise tax increases on wine. The organisation says... 


Welding Institute restructures to boost skills training for industry
12th March 2025 By: Schalk Burger

Industry technical organisation the Southern African Institute of Welding (SAIW) is implementing its strategic renewal plan, which is aimed at elevating the quality of skills training, expanding... 


NUM member wearing t-shirt
NUM worried about ‘possible bloodbath of job losses’ on multiple fronts
12th March 2025 By: Darren Parker

The National Union of Mineworkers (NUM) is worried about a “possible bloodbath of job losses” across multiple sectors, including steel, transportation, ferrochrome and mining, on the back of... 


Growthpoint South Africa CEO Estienne de Klerk
Macroeconomics support 3.9% interim DIPS growth for Growthpoint Properties
12th March 2025 By: Marleny Arnoldi

JSE-listed real estate investment trust (Reit) Growthpoint Properties has increased its distributable income per share (DIPS) for the six months ended December 31, 2024, by 3.9% year-on-year to... 


African Rainbow Minerals executive: growth and strategic development in the executive chairperson’s office Mike Schmidt.
‘Very promising’ narrow-reef boring technology nearing rollout stage, ARM reports
12th March 2025 By: Martin Creamer

The rollout of new narrow-reef boring technology, which has the potential to boost platinum group metal (PGM) grades, lower unit costs, enhance safety, and streamline downstream materials handling,... 


Mobile phone
South Africa to remove luxury duty on lower value smartphones
12th March 2025 By: Reuters

South Africa's government has proposed to remove the luxury excise duty on smartphones worth below R2 500 from April 1 to support digital adoption for low-income households, the National Treasury... 


Standard Bank secures $250m loan from IFC to boost green financing initiatives
12th March 2025 By: Schalk Burger

Financial services firm Standard Bank has successfully closed a $250-million, seven-year unsecured loan from the International Finance Corporation (IFC), which will significantly bolster the bank's... 


Finance Minister Enoch Godongwana
Lower VAT hikes in delayed Budget not enough to secure full GNU backing
12th March 2025 By: Terence Creamer

Finance Minister Enoch Godongwana tabled his delayed Budget on Wednesday that included lower, yet still controversial, increases to the value-added tax (VAT) rate, as he sought to hold the... 


Logistics strain far from over, but rail moving in the right direction – Ctrack index
Logistics strain far from over, but rail moving in the right direction – Ctrack index
12th March 2025 By: Irma Venter

The Ctrack Transport and Freight Index (Ctrack TFI) declined for eight consecutive months to reach an index level of 112.8 in January, the lowest level since December 2022. This decline resembles... 


Sirius to acquire Southampton business park for £40.5m
12th March 2025 By: Schalk Burger

JSE-listed Sirius Real Estate, which owns industrial parks in Germany and the UK, has agreed to acquire Chalcroft Business Park, in Southampton, in the UK, for £36.5-million, representing a net... 


Metair lenders approve capital restructuring plan
12th March 2025 By: Sabrina Jardim

JSE-listed energy storage and automotive component manufacturing holding company Metair has reported that the group's net debt – including Hesto Harnesses Proprietary Limited and associated... 


dtic deputy director-general of trade, ambassador Xolelwa Mlumbi-Peter
dtic to host South Africa’s first G20 trade and investment meeting
12th March 2025 By: Sabrina Jardim

The Department of Trade, Industry and Competition (dtic) will host South Africa’s first Group of 20 (G20) Trade and Investment Working Group (TIWG) meeting from March 18 to 20.  The TIWG meeting... 


African penguins are critically endangered
Penguin protection deal preserves biodiversity and fishing sustainability
12th March 2025 By: Schalk Burger

The Department of Forestry, Fisheries and the Environment (DFFE) has expressed its support for a historic settlement agreement reached in principle between the fishing industry and conservation... 


More work needed to ensure pollution in dams eliminated
More work needed to ensure pollution in dams eliminated
12th March 2025

An increase in intergovernmental commitment and stakeholder coordination is required to mitigate the ongoing pollution that plagues the Hartbeespoort dam and other polluted dams and rivers across... 


Enoch godongwana with GNU logo and money
Budget needs to reduce policy, economic uncertainty, Busa says
12th March 2025 By: Darren Parker

After its unexpected postponement owing to disagreements between the partners in the Government of National Unity (GNU) last month, the 2025 Budget needs to reduce the policy and economic... 


Blast furnace steel production
A global steel war heats up with Trump’s latest tariff offensive
12th March 2025 By: Bloomberg

President Donald Trump is unleashing sweeping import tariffs that he says will reverse the decline of America’s steel towns. But the US isn’t the only nation rushing to protect its factory... 


A cable spooling line at the new YOA factory
YOA launches larger optical fibre cable factory at Dube TradePort
11th March 2025 By: Schalk Burger

Fibre-optic cable manufacturer Yangtze Optics Africa (YOA) Cable officially opened its new 14 000 m2 optical fibre factory in the Dube TradePort, in La Mercy, KwaZulu-Natal, on March 11. The... 


South Africa agricultural exports to Africa grew strongly last year
11th March 2025 By: Rebecca Campbell

South African agricultural exports to Africa increased by 16% in the fourth quarter of last year (Q4 2024), compared with the Q4 2023, the Bureau for Food and Agricultural Policy (BFAP) reported,... 


property in Cape Town
South African Reit sector shows recovery in February
11th March 2025 By: Darren Parker

South Africa's real estate investment trust (Reit) sector showed a recovery in February, rebounding by 1.2% after price declines seen in January. This positive return outpaced the broader equity... 


Q Plas GM Tom du Plessis and Volkswagen Group South Africa MD Martina Biene
Q Plas Manufacturing launches innovative solar rooftop PV system
11th March 2025 By: Sabrina Jardim

Plastic injection moulding manufacturer Q Plas Manufacturing has launched a solar rooftop PV system at its facility in the Nelson Mandela Bay Logistics Park (NMBLP), in Kariega, in the Eastern... 


President Cyril Ramaphosa
Ramaphosa insists South Africa will send envoys to ‘transactional’ US once offer is crafted
11th March 2025 By: Terence Creamer

President Cyril Ramaphosa insists that his government intends following through on sending envoys to the US as announced during his State of the Nation Address but that it will do so once it has... 


An image of Unipro manufacturing
NEF invests in Unipro Protective Wear to support localisation
11th March 2025 By: Tasneem Bulbulia

The National Empowerment Fund (NEF) has announced its strategic investment in Unipro Protective Wear, a 100% black youth woman-owned business in South Africa’s clothing and textiles sector. Unipro... 


KPMG Germany, AHK Southern Africa survey highlights business challenges, opportunities
11th March 2025 By: Sabrina Jardim

About nine months after South Africa’s national elections, German companies in South Africa and the Southern African region are optimistic about their business prospects for the current year,... 


IMF logo
IMF suggests continued reform, public wage adjustments can accelerate GDP growth
11th March 2025 By: Marleny Arnoldi

If South Africa continues to implement structural reforms in the electricity and logistics sectors, as well as in respect of business enablement, the economy could reach a 3% GDP growth rate, says... 


mine workers in a row with boots
Nedlac announces consensus on 47 labour law reforms
11th March 2025 By: Darren Parker

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... 


Image of DPWI Minister Dean Macpherson
RFP deadline on the redevelopment of 31 State properties extended
11th March 2025 By: Irma Venter

The Department of Public Works and Infrastructure (DPWI) has extended the deadline for requests for proposals (RFPs) on the redevelopment of 31 State properties owing to “the immense interest... 


The Shark bakkie
BYD SA to add Shark plug-in hybrid bakkie and Sealion SUVs to its line-up in March
11th March 2025 By: Irma Venter

Chinese importer BYD South Africa (SA) will this month add the Shark plug-in hybrid (PHEV) bakkie, as well as the Sealion 6 PHEV and fully electric Sealion 7 sports-utility vehicles (SUVs) to its... 


ARM Ferrous CE Andre Joubert (left) interviewed by Mining Weekly's Martin Creamer.
South Africa can return to being global ferroalloy hub, ARM’s Andre Joubert reiterates
11th March 2025 By: Martin Creamer

South Africa has extensively tested highly convincing home-grown smelting technology that has the potential to re-establish this country as a global ferroalloys hub by enabling it to produce... 


Agricultural exports were stagnant in the fourth quarter, but remained important
11th March 2025 By: Rebecca Campbell

Agriculture accounted for nearly 20% of South Africa’s exports during the fourth quarter of last year, the Bureau for Food and Agricultural Policy (BFAP) thinktank has highlighted, in its latest... 


waterfall city
Attacq delivers strong half-year results on the back of Waterfall City success
11th March 2025 By: Darren Parker

JSE-listed real estate investment trust (Reit) Attacq, a strategic development partner of Waterfall City in Midrand, Gauteng, has announced a strong set of financial results for the six months... 


Image of water meter being disconnected
Joburg Water disconnects customers owing over R2.7m
11th March 2025 By: Natasha Odendaal

Following the start of a Level 1 Disconnections Drive on Monday, Johannesburg Water has disconnected 15 customers that collectively owe the utility more than R2.7-million. The customers reside in... 


Image of Vaal dam
Vaal dam reaches full capacity, DWS slows outflow
11th March 2025 By: Natasha Odendaal

As the water levels of the Vaal dam reach 101.51%, the Department of Water and Sanitation (DWS) has reduced the outflow of water from 61.2 cubic metres a second (mᵌ/s) to 40 mᵌ/s as inflows... 


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