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In response to the budget speech presented by Finance Minister Enoch Godongwana on March 12, Business Unity South Africa (Busa) says it welcomes the focus on macroeconomic stability, structural...
Electricity and Energy Deputy Minister Samantha Graham-Maré reports that the long-awaited South African Renewable Energy Masterplan (SAREM) is currently wending its way through the Cabinet...
Industry body Business Against Crime South Africa (Bacsa) is calling on businesses across South Africa to make full use of its proven extortion prevention programme, which forms an integral part of...
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...
Norwegian renewable energy company Scatec has started commercial operation of the first 60 MW of the 120 MW Mmadinare Solar Cluster, in Botswana. The power plant is Scatec’s first installation in...
naamsa | The Automotive Business Council warns that the value added tax (VAT) increases, as presented in the Budget this week, will place “an overwhelming burden on household spending, reduce...
Hoërskool Stellenbosch has opened its new multimillion-rand World Athletics Class 2 certified track, built with funding from the Athletics Cycling Education (ACE) Trust. Architect Sam Pellissier...
Renewable energy independent power producer (IPP) Red Rocket has reached financial close on the first 242-MW phase of the Overberg Wind Farm, which will be built on 15 farm portions covering 8 721...
The Southern African Development Community said on Thursday that a summit of regional heads of state had terminated the mandate of its troop deployment in the Democratic Republic of Congo and...
Consulting Engineers South Africa (Cesa) has highlighted the need for a concrete plan of action to translate the intentions set out in the Budget tabled by Finance Minister Enoch Godongwana, on...
Deputy President Paul Mashatile on Thursday addressed the BizNews Conference, in the Western Cape, where he gave government assurance on investment-linked policies to business leaders in...
Economists have widely recognised the efforts of Finance Minister Enoch Godongwana in the Budget tabled on March 12 to balance fiscal sustainability and economic growth. Standard Bank South Africa...
JSE- and A2X-listed specialist property retail fund Hyprop Investments has achieved double-digit growth of 14.5% year-on-year in its distributable income to R765-million for the six months ended...
The European Investment Bank (EIB) is holding off on decisions to finance the $760-million Ruzizi III hydropower plant in Central Africa, due to fighting between Rwandan-backed rebels and the...
Engineering News editor Terence Creamer discusses Finance Minister Enoch Godongwana's tabling of his much-anticipated Budget after the unprecedented postponement on February 19; how the March 12...
South Africa's budget may be tweaked further as more talks between political parties will try to overcome differences over a contentious plan to raise value-added tax, the country's finance...
Pan-African telecommunications and network services provider Paratus Group continues its expansion in East Africa with the opening of Paratus Tanzania. The launch of Paratus Tanzania, a joint...
A new two-megalitre water tower set to bolster water supply to the Midrand area, in Gauteng, is 60% complete. The R92-million Erand tower and pump station project, currently being constructed by...
Mining veteran Bennetor (Ben) Magara has been appointed as the new incoming CEO of Exxaro Resources, effective from April 1. Magara, a mining engineer with more than 35 years of mining industry...
The reopening of the Lesotho Highlands tunnel has been delayed by three weeks, owing to maintenance work delays experienced in the Delivery Tunnel South, in Lesotho. The critical tunnel, which...
While Finance Minister Enoch Godongwana said that additional guarantees will be considered to refinance Transnet’s maturing debt and its capital investment programme, no equity support was...
South Africa will spend R1-billion to support the local production of new-energy vehicles and batteries, as well as related manufacturing projects, the National Treasury said on Wednesday. The...
A credit guarantee vehicle to mobilise private sector capital by derisking projects will be launched in 2026, Finance Minister Enoch Godongwana announced in his delayed Budget speech. He confirmed...
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,...
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...
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...
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...
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...
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,...
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...
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 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...
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...
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