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South Africa's finance minister has said that failing to raise the value-added tax rate from May would cause severe harm to state finances, court papers showed, after a stand-off over the proposal...
Global economic growth is expected to be significantly and immediately curtailed as a result of the ongoing US trade actions, global advisory firm Oxford Economics warned in a recent webinar on...
South Africa's rand weakened early on Thursday against a firmer dollar, as markets awaited information on US tariffs and local investors looked for news on the future of the coalition government....
Global growth is projected to slow to 2.3% this year, placing the world economy on a recessionary path owing to mounting threats, including trade policy shocks, financial volatility and a surge in...
Following President Cyril Ramaphosa’s appointment of former Deputy Finance Minister Mcebisi Jonas as a special envoy to the US on April 14, public comments made by Jonas in 2020, in which he...
Financial services provider Professional Provident Society (PPS) has allocated an all-time high R5.33-billion in profit-share to members in South Africa with qualifying life-risk products’ notional...
As protectionism rises and global trade dynamics shift, Africa CEO Forum director Adrien Fielding asserts that a “new deal” must be struck between the public and private sectors in Africa. Speaking...
The South African rand extended gains in early trade on Tuesday, bolstered by bets that the country's coalition government will remain intact despite disagreements over the budget. At 0725 GMT the...
The African Private Capital Association (Avca) finds in its ‘2024 Venture Capital in Africa’ report that last year was challenging for African start-up companies, while the continent had also...
President Cyril Ramaphosa on Monday announced former deputy finance minister Mcebisi Jonas as a special envoy to the United States. Jonas is currently independent non-executive chairman of...
The South African rand strengthened on Monday, boosted by a news report that the country's biggest political party may back down on a plan to raise value-added tax (VAT) and dollar weakness on...
Efforts to create a capable State will be in vain if South Africa does not have the systems available to support it, Business Leadership South Africa CEO Busisiwe Mavuso has said. In her weekly...
President Cyril Ramaphosa said on Monday that trade between countries must remain “free, predictable and governed by a rules-based system”, particularly for developing economies, many of which he...
President Cyril Ramaphosa has praised the Council for Scientific and Industrial Research (CSIR), an entity of the Department of Science, Technology and Innovation, for its commitment to excellence...
Public Works and Infrastructure Minister Dean Macpherson has filed an answering affidavit opposing a court application by two entities, Black Forum South Africa (BFSA) and Izwi Labantu Forum (ILF),...
A unit of FirstRand, South Africa’s biggest bank by market capitalisation, plans to set up private banking services in Ghana and bolster its offerings in four other markets to tap the continent’s...
Since the Department of Public Works and Infrastructure (DPWI) hosted its Construction Summit on Crime-Free Construction Sites in November last year and key officials signed the Durban Declaration...
In wishing the World Trade Organisation (WTO) well on its thirtieth anniversary, President Cyril Ramaphosa urged the body to uphold its aims to ensure smooth, predictable and free trade, amid what...
The South African rand gained ground against a weaker dollar on Friday, but analysts said it remained susceptible to twists in the global trade war and the risk that South Africa's coalition...
Engineering News editor Terence Creamer discusses the approach being taken by South Africa in trade talks with the US after the announcement of a 90-day pause on America’s so called reciprocal...
China's Commerce Minister Wang Wentao had discussions with his Saudi Arabian and South African counterparts to exchange views on responding to the United States' "reciprocal tariffs", the Chinese...
Faced with many domestic and global obstacles over the past five years, the automotive sector is tracking behind the growth targets it set out to achieve when South Africa’s Automotive Industry...
There is multistakeholder consensus on the need to increase investments in the infrastructure development required to improve the trajectory of South Africa’s manufacturing sector, highlights...
Essential and vegetable oils produced from indigenous species and destined for the cosmetic, food and health sectors are experiencing growing demand by health-conscious consumers and can contribute...
The Manufacturing Indaba can serve as a catalyst for industrial development, fostering a collaborative environment where African manufacturers are empowered to become key players in the global...
Leading lubricants manufacturer and supplier FUCHS LUBRICANTS South Africa introduced customers to its new expanded Isando, Ekurhuleni facility during a customer day in February. FUCHS LUBRICANTS...
Significant efforts are under way to introduce the manufacturing of glass-fibre-reinforced polymer composites to South Africa, as this is regarded as a positive step that could transform the...
In a move that bridges mining, energy and sustainability, blue ammonia producer Suiso and public research institute the Council for Geoscience (CGS) have entered a collaboration to research South...
JSE-listed Murray & Roberts (M&R) Holdings has confirmed that its mining businesses will be sold, following the approval of a business rescue plan (BRP) by an overwhelming majority of creditors....
Manufacturing production decreased by 3.2% year-on-year in February, with the largest negative contributions made by the motor vehicles, parts and accessories and other transport equipment, having...
After more than 30 years of democracy, South Africa’s numerous economic problems can no longer be blamed on Apartheid but rather must be blamed on the black-led government that has held the reins...
South Africa's manufacturing output fell 3.2% year on year in February after falling by a revised 3.2% in January, statistics agency data showed on Thursday. Factory production rose 0.3% month on...
Having received confirmation that the 30% reciprocal tariffs imposed on South African exports by President Donald Trump have been paused, Trade, Industry and Competition Minister Parks Tau says...
South Africa's rand firmed in early trade on Thursday, recouping some of its recent loss as investors took a breather after US President Donald Trump announced an immediate 90-day tariff pause for...
As Africa navigates the outcomes of key elections in 2024 and 2025, as well as geopolitical realignments on the back of President Donald Trump’s re-election, some caution over Africa’s credit...
South Africa’s trade surplus with the US, which was used to calculate the ‘Liberation Day’ tariffs announced by US President Donald Trump, has been “hugely inflated”, says Professor Lawrence...
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