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President Cyril Ramaphosa, in his keynote address on Wednesday in Cape Town at the Africa Water Investment Summit, launched the Global Outlook Council on Water Investments, and welcomed...
The business climate has improved over the short term, between June and July, as well as over the medium term, from July 2024 to July this year, according to the South African Chamber of Commerce...
The Coega Development Corporation (Coega) and the Alfred Nzo Development Agency (Anda) have signed a landmark service level agreement (SLA) at Coega’s offices in East London, marking a significant...
The South African rand extended its gains in early trade on Wednesday, boosted by a weaker dollar ahead of the release of a domestic business confidence index and retail sales figures later in the...
JSE-listed integrated energy and chemicals company Sasol has announced that it expects its earnings per share (EPS) for the year ended June 30, to be more than 100% higher year-on-year, at between...
South Africa's unemployment rate worsened by 0.3 of a percentage point to 33.2% in the second quarter, compared with the unemployment rate of 32.9% reported for the first quarter of the year....
South Africa submitted a revised trade offer to the US on August 12, after its previous ‘Framework Agreement’ submitted in May failed to avert the institution of 30% ‘reciprocal tariffs’ on South...
The South African rand was steady in early trade on Tuesday before the release of domestic mining output and unemployment figures. At 0618 GMT, the rand traded at 17.74 against the dollar, about...
Financial services firm 27four and the Department of Trade, Industry and Competition (dtic) have reaffirmed their shared commitment to unlocking South Africa’s full economic potential through the...
The South African rand was weaker on Monday as better-than-expected domestic manufacturing data failed to offset trade concerns, with the country scrambling to secure a lower tariff rate on its...
The South African rand gained in early trade on Monday ahead of the release of domestic manufacturing data, while investors also kept a close eye on trade updates as the country scrambles to secure...
South Africa's central bank believes US tariffs will only have a modest impact on the country's economic growth while leaving its inflation levels broadly unchanged, its governor said on Friday. US...
South African Reserve Bank Governor Lesetja Kganyago said inflation is expected to quicken over the next couple of months before cooling and that if it holds at current levels its forecasts predict...
The South African rand weakened in early trade on Friday, as investors awaited details of President Cyril Ramaphosa's telephone call with his US counterpart President Donald Trump on bilateral...
Engineering News editor Terence Creamer discusses the coming into force of the 30% reciprocal tariffs imposed on South African exports to the US and how government and businesses plan to navigate...
Goods that are produced locally using locally sourced materials are likely to have higher production costs. This has a bearing on taxation and, if goods are to be sourced locally, there needs to be...
The South African government will on Monday August 11 unveil the support measures for companies and workers affected by the imposition of 30% reciprocal tariffs by the US on South African exports...
More detailed discussions will take place between South African and US trade negotiating teams, following a telephone discussion between President Cyril Ramaphosa and US President Donald Trump on...
Outgoing African Development Bank (AfDB) president, Dr Akinwumi Adesina, has highlighted the successes of the institution. His term of office ends on September 1. The bank has maintained a AAA...
The South African rand was steady in early trade on Wednesday, with investor focus still pinned on tariff updates before Washington's deadline. At 0724 GMT, the rand traded at 17.88 against the...
Mineral and Petroleum Resources Minister Gwede Mantashe has said the 30% tariffs imposed on South African exports to the US are a form of death throes aggression, alleging that it is a desperate...
Digital bank TymeBank says various international and local factors are affecting South African small- and medium-sized enterprises (SMEs) in both positive and negative ways. Ahead of more economic...
Market research and financial intelligence company S&P Global's South Africa Purchasing Managers’ Index (PMI) rose to 50.3 in July from 50.1 in June, signalling a slightly stronger, but marginal...
As contributors to South Africa’s beer value chain, small retail businesses across South Africa play an important role for the local economy, enabling job creation, supporting township and rural...
The 30% tariff on South African exports to the US is expected to have a significant and multidimensional impact on the South African metals and engineering sector, Steel and Engineering Industries...
South Africa will seek jail time, fines and higher taxes for breaches of proposed rules to govern carbon emissions that will apply to almost all sectors of the economy. The proposed regulations,...
Trade, Industry and Competition Minister Parks Tau will present Cabinet with a proposed support package for South African companies and workers that will be negatively affected by the 30%...
All channels of communication remain open to engage with the US, President Cyril Ramaphosa writes in his weekly newsletter, published days after President Donald Trump confirmed that reciprocal...
The National Treasury has published two documents on enhancing South Africa’s approach to disaster risk insurance by better using private sector participation. The documents comprise a disaster...
More than half South Africa’s small businesses don’t expect to survive for more than a year, a survey backed by lender Absa Group found. Some 53% of the 1 600 entities canvassed for the inaugural...
US President Donald Trump's latest wave of tariffs on exports from dozens of trading partners, including Canada, Brazil, India and Taiwan, sent global markets tumbling on Friday as countries pushed...
The seasonally adjusted Absa Purchasing Managers’ Index (PMI) edged above the 50-point mark and recorded an expansion for the first time in nine months, increasing by 2.3 points to 50.8 in July,...
The Democratic Alliance said on Friday that it is disappointed with Trade, Industry and Competition Minister Parks Tau and Minister of International Relations and Cooperation Ronald Lamola for...
South Africa faces a 30% tariff on its exports to the United States starting next week, a move expected to cost tens of thousands of jobs after the country failed to secure a trade deal before a...
The Department of Trade, Industry and Competition (dtic) on July 31 announced the launch of an Export Support Desk to serve as a direct point of contact for companies affected by the imminent 30%...
Steelmaker ArcelorMittal South Africa (AMSA) is effectively putting its ambitious decarbonisation plans on hiatus while it figures out how to navigate the crisis surrounding the impending closure...
South Africa's central bank cut its key interest rate by 25 basis points to 7.00% on Thursday and said it would now aim for the bottom of its inflation target range. The rate cut was in line with...
The National Treasury has confirmed that it will inject 20% of the $500-million initial funding required to set up the Credit Guarantee Vehicle (CGV) being established to derisk South African...
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