A panel of Africa experts on Tuesday urged the Group of 20 major economies to step up oversight of credit rating agencies, which they accused of using flawed and opaque methodologies that increase... 

South African billionaire Patrice Motsepe said the country must shake off its reputation for high crime levels if it wants to attract more investment. “Part of our challenge is crime,” Motsepe said... 

Trade conditions remained in negative territory in October, with the South African Chamber of Commerce and Industry (Sacci) Trade Conditions Survey at 46, below the neutral level of 50. The average... 

Leaders from the Group of 20 nations will take decisive action to reform the global financial architecture and make other key decisions at their annual summit this week, despite US President Donald... 

The South African rand was subdued in early trade on Tuesday, as a stronger dollar prompted investors to stay away from riskier assets, while local traders remained cautious ahead of key economic... 

Eskom CEO Dan Marokane has called for South Africa’s Transmission Development Plan (TDP) to be complemented by a “regional TDP” to support the development of the grid infrastructure required to... 

As South Africa hosts the G20 leadership summit this week, President Cyril Ramaphosa has positioned the moment as evidence of national progress. Yet the broader economic picture remains mixed, with... 

The South African rand held its ground in early trading on Monday, shrugging off S&P Global's first credit upgrade of the country since 2005 - a move to BB from BB- with a positive outlook - as... 

A wave of African central banks is set to cut interest rates at their final policy meetings of the year as inflation eases, a move that could reinvigorate economic growth. Major central banks in... 

Public Works and Infrastructure Deputy Minister Sihle Zikalala has raised concern about ongoing systemic problems in South Africa’s contractor-development programmes, warning that fewer than 36% of... 

The African Development Bank (AfDB) has announced that its board of directors has authorised a financial package for South Africa’s FirstRand Bank that had a total value of $310-million. The... 

Growthpoint Properties CEO Estienne de Klerk has raised concerns over uncertainty in property ownership, warning that the issue could hinder investment and development in the real estate sector.... 

South African pension funds should be used more aggressively to finance local construction, Oceans Umhlanga Development chairperson and developer Vivian Reddy has said, arguing that current... 

The rand pulled back from a rally that had lifted it to its strongest level in more than two years, as traders locked in profits on Friday and awaited S&P Global's scheduled review of South... 

FlySafair expressed satisfaction with the agreement reached with the South African Cabin Crew Association, bringing an end to a labour dispute over the past several weeks and holding out the... 

South Africa would welcome an upgrade of its credit score, but Finance Minister Enoch Godongwana — who says ratings-company bias against the continent is real — isn’t holding his breath. “My sense... 

South African manufacturing is in dire need of revitalised localisation. Statistics South Africa has recorded a steady decline for years, with the slide reaching 1.5% year-on-year in August, up... 

Industry organisation the South African Photovoltaic Industry Association (SAPVIA) says the announcement of a R2-billion Credit Guarantee Vehicle specifically for the expansion of South Africa’s... 

Various business organisations and economists have praised the 2025 Medium-Term Budget Policy Statement (MTBPS), delivered by Finance Minister Enoch Godongwana on November 12, for maintaining... 

President Cyril Ramaphosa has reiterated government’s strategic shift in government spending during his address at the 2025 National Construction Summit in Ekurhuleni, on November 13, promising the... 

Consulting Engineers South Africa (Cesa) has welcomed the commitment to infrastructure development as outlined in the Medium-Term Budget Policy Statement. However, CEO Chris Campbell says... 

South Africa's currency, stocks and bonds extended their rally on Thursday as investors cheered signs of fiscal discipline after the government's medium-term budget policy statement. The rand... 

Public Works and Infrastructure Minister Dean Macpherson has touted significant progress in cracking down on the “construction mafia”, with hundreds of arrests and convictions helping to stabilise... 

President Cyril Ramaphosa has named new environment and deputy trade ministers, appointing people from his party's main coalition partner, the Democratic Alliance. Ramaphosa's office said in a... 

Engineering News editor Terence Creamer talks about the big themes in the 2025 Medium-Term Budget Policy Statement (MTBPS) presented by Finance Minister Enoch Godongwana on November 12. 

The National Treasury has started to quantify the savings it is expecting from its Targeted and Responsible Savings (TARS) initiative, which seeks to identify low-priority or underperforming... 

The Industrial Gas Users Association–South Africa (IGUA-SA) is calling for the creation of a new structure under The Presidency to coordinate the actions needed to avert the ‘gas cliff’ faced by... 

The National Treasury has confirmed that a scheme established to enable municipalities to write of arrear debt owing to Eskom by meeting various conditions, including keeping their current accounts... 

As anticipated, Finance Minister Enoch Godongwana confirmed a lowering of South Africa's inflation target to 3%, with a 1 percentage point tolerance band on either side, in his Medium-Term Budget... 

Finance Minister Enoch Godongwana has outlined several initiatives being undertaken to finally begin shifting the composition of government spending from consumption to capital investment,... 

A measure of Eskom’s credit risk has narrowed to the lowest in a year as investors deepen bets that South Africa’s State-owned power utility has turned a corner after years of crisis. The extra... 

Murray & Roberts (M&R) Holdings has announced the resignation of Daniel Grobler as a director, with effect from November 11. His resignation follows the announcement last month that the Gauteng... 

The South African rand was stable in early trade on Wednesday, before a mid-year review of public finances that is widely expected to contain positive news for investors. At 0540 GMT the rand... 

The International Energy Agency (IEA) has declared that the “Age of Electricity is here” in its latest World Energy Outlook, which again underlines that electricity demand will grow much faster... 

South Africa's unemployment rate fell slightly in the third quarter of this year, as jobs were added in construction, social services and trade, the statistics agency said on Tuesday. The official... 

Automated clearing house and payments infrastructure company PayInc, previously known as BankservAfrica, says the South African Reserve Bank (SARB) has subscribed to a 50% equity shareholding in... 

Goldman Sachs expects an improvement in South Africa’s public finances to pave the way for a sovereign credit-rating upgrade on Friday, days after Finance Minister Enoch Godongwana delivers a...