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Photo of Terence Creamer
New reform priorities set out as Operation Vulindlela Phase 2 is launched
Updated 6 hours ago By: Creamer Media Reporter

Engineering News editor Terence Creamer discusses the official launch of Phase 2 of Operation Vulindlela; the new reform priorities; the new areas of emphasis with the original Operation Vulindlela... 


Sappi CEO Steve Binnie
Sappi had a tough second quarter but its US prospects look bright
8th May 2025 By: Darren Parker

Paper and pulp manufacturer Sappi’s operating performance for the second quarter of its 2025 financial year fell short of expectations owing to challenging market conditions and issues that arose... 


Chemicals and petrochemicals
Petrol products, vehicles drag first-quarter manufacturing output lower
8th May 2025 By: Marleny Arnoldi

Manufacturing production decreased by 0.8% in March compared with March last year, with the largest negative contributions having been made by the petroleum, chemical products, rubber and plastic... 


Powerline
Concern lingers over both content of updated IRP and lack of consultation
8th May 2025 By: Terence Creamer

Serious questions continue to be raised about both the content of the Integrated Resource Plan (IRP) for electricity currently being discussed at the National Economic Development and Labour... 


South African rand
South African rand slips before manufacturing data
8th May 2025 By: Reuters

The South African rand weakened in early trade on Thursday ahead of the release of domestic manufacturing data. At 07:18 GMT the rand traded at 18.31 against the dollar, about 0.2% weaker than... 


Johannesburg
Operation Vulindela’s reform lens widened to include municipal rescue, urban densification and digital transformation
7th May 2025 By: Terence Creamer

South Africa’s Government of National Unity Cabinet has endorsed a plan to incorporate three new reform priorities under the umbrella of Operation Vulindlela, which will now oversee and coordinate... 


Wetility co-founder and chief product officer Ikenna Oguguo
Wetility launches AI energy management solution to automatically boost solar use without harming supply resilience
7th May 2025 By: Terence Creamer

Solar as a service provider Wetility has launched an AI-enabled solution for its customers to automatically optimise their solar and battery usage to improve electricity account savings, while... 


Person handling South African banknotes
Rand flat with global focus on US rate decision
7th May 2025 By: Reuters

The South African rand was little changed in early trade on Wednesday, as global investors focused on an interest rate decision by the US Federal Reserve later in the day. At 0650 GMT, the rand... 


South African food inflation stayed below upper target limit for 13th straight month, in March
6th May 2025 By: Rebecca Campbell

South African food and non-alcoholic beverage (NAB) inflation – hereafter to be referred to just as food inflation, for brevity – decelerated slightly in year-on-year (y-o-y) terms in March, the... 


Counterfeit goods at a street market
Tracit recommends South Africa employ a PPP initiative to curb illegal trade
6th May 2025 By: Marleny Arnoldi

The Transnational Alliance to Combat Illicit Trade (Tracit) has launched a second edition of South Africa’s ‘Fight Against Illicit Trade’ report, which recommends a public-private partnership (PPP)... 


Powerlines
New wheeling framework will stimulate generation competition, Ramokgopa states
6th May 2025 By: Terence Creamer

Electricity and Energy Minister Dr Kgosientsho Ramokgopa has described the wheeling framework approved by the regulator as highly “consequential” for the sector, as well as for meeting government’s... 


Port of Durban
South African business activity stabilises as S&P PMI hits neutral mark
6th May 2025 By: Reuters

South Africa's private sector showed signs of stabilisation in April, emerging from a four-month downturn as sales picked up slightly and supply chains strengthened, a survey showed on Tuesday. The... 


Mashatile proposes war rooms on jobs, poverty, governance
5th May 2025 By: Schalk Burger

Deputy President Paul Mashatile, on April 30, proposed that three “war rooms” on the economy and jobs, on clean governance and on poverty and hunger be established, in line with the three... 


Transformation Fund to support development of small businesses – Mashatile
5th May 2025 By: Schalk Burger

Funding from the newly established Transformation Fund will be allocated to various productive sectors of the economy, including the services industry, tourism and agriculture, among others,... 


Electricity and Energy Minister Dr Kgosientsho Ramokgopa
Ramokgopa announces big increase in gas-to-power load factor to 50%-plus
5th May 2025 By: Terence Creamer

Electricity and Energy Minister Dr Kgosientsho Ramokgopa has announced that the load factor for proposed gas-to-power (GtP) plants in South Africa will be increased from 25% to above 50%. Speaking... 


Itac initiates review of renewable energy facility inputs
Itac initiates review of renewable energy facility inputs
2nd May 2025 By: Creamer Media Reporter

Engineering News editor Terence Creamer discusses a major tariff review initiated by the International Trade Commission of South Africa for inputs used in solar, wind and battery storage facilities... 


Containers stacked at a port
Losing Agoa access would be more ‘irritating’ than ‘devastating’, economist says
30th April 2025 By: Darren Parker

While losing access to the African Growth and Opportunity Act (Agoa) would certainly harm South Africa’s economy, the impact would be more akin to an “irritation” than a “devastation”, DNA... 


Image of Enoch Godongwana
Take three: Godongwana to re-table Budget on May 21
30th April 2025 By: Thabi Shomolekae

Finance Minister Enoch Godongwana will re-table the 2025 Budget on May 21, noting that in the meantime funding for provinces and municipalities will continue under the 2024 Division of Revenue Act.... 


Trade, Industry and Competition Minister Parks Tau
Tau insists participating in R100bn Transformation Fund will be entirely voluntary
30th April 2025 By: Terence Creamer

Trade, Industry and Competition Minister Parks Tau has again insisted that no new demands will be imposed on business and industry because of the establishment of the R100-billion Transformation... 


Dr Alistair Ruiters
Ramaphosa appoints Dr Alistair Ruiters as investment promotion special adviser
30th April 2025 By: Creamer Media Reporter

President Cyril Ramaphosa has appointed former director-general of the then Department of Trade and Industry, Dr Alistair Ruiters, as special adviser: investment promotion. Ruiters will advise... 


Assistant Minister for Multilateral International and Regional Economic Affairs of Egypt Ragui El-Etreby; UAE Deputy Prime Minister and Minister of Interior and Reem bint Ebrahim Al Hashimy; Russian Foreign Minister Sergei Lavrov; Ethiopian Foreign Minister Gedion Timothewos; Brazilian Foreign Minister Mauro Vieira; Chinese Foreign Minister Wang Yi; Indonesian Foreign Minister Sugiono; South African Minister of International Relations and Cooperation Ronald Lamola; Iranian Deputy Foreign Minister on Economic Diplomacy Seyed Rasoul Mohajer; and Ambassador Dammu Ravi pose for a family picture, on the day of the BRICS Meeting of Ministers of Foreign Affairs in Rio de Janeiro, Brazil.
Growing BRICS group shows internal rifts as ministers fall short of joint statement
30th April 2025 By: Reuters

Foreign ministers from the BRICS group of developing nations failed to agree on a joint communique on Tuesday, highlighting differences within the fast-growing diplomatic bloc, while the chair... 


commodities trading screens
Global commodity prices expected to drop to six-year low by 2026 – World Bank
29th April 2025 By: Darren Parker

Faltering economic growth is coinciding with ample oil supply in ways that are expected to cause a drop in global commodity prices to their lowest level of the 2020s, according to the World Bank’s... 


Review of 82 tariff codes for solar, wind and battery inputs could have far-reaching implications
Review of 82 tariff codes for solar, wind and battery inputs could have far-reaching implications
29th April 2025 By: Terence Creamer

A tariff review by the International Trade Administration Commission of South Africa (Itac) of input materials and components used in wind, solar PV and battery storage facilities could have... 


2025 Kasi SME Pitch Challenge applications opened to township entrepreneurs
29th April 2025 By: Schalk Burger

Financial services firm Standard Bank has announced that the 2025 Kasi SME Pitch Challenge is, for the first time, open to township entrepreneurs across all nine South African provinces to pitch... 


The African Development Bank's headquarters
Will Africa's financial stability fund rise to the debt challenge?
29th April 2025 By: Reuters

Angola will use its chairmanship of the African Union this year to advance the creation of a continental financial stability mechanism, its finance minister said, to cushion economies from sliding... 


Public Works and Infrastructure Deputy Minister Sihle Zikalala
DPWI to set up Office of the Engineer-General South Africa soon
29th April 2025 By: Darren Parker

The Department of Public Works and Infrastructure (DPWI) will be pressing ahead with setting up the Office of the Engineer-General South Africa as soon as possible, Public Works and Infrastructure... 


South African banknotes
Rand slips as investors wait for another revised budget
29th April 2025 By: Reuters

The South African rand weakened slightly in early trade on Tuesday as investors waited for the finance minister to say when he will present another revised national budget. Finance Minister Enoch... 


Brazilian Foreign Minister Mauro Vieira and Chinese Foreign Minister Wang Yi shake hands
BRICS nations discuss shared response to Trump trade policies
29th April 2025 By: Reuters

Foreign ministers from the BRICS group of developing nations met on Monday to discuss a shared defence of the global trade system, coordinating their response to the barrage of new tariffs from US... 


Continent needs Africa-centred credit rating ecosystem
25th April 2025 By: Schalk Burger

African countries need an Africa-centred credit rating ecosystem that supports fair, accurate and forward-looking assessments of Africa’s economies, UN Under-Secretary-General and Economic... 


Johannesburg skyline
South Africa 2025 economic growth forecast cut to 1.5% on tariff worries: Reuters poll
25th April 2025 By: Reuters

South African economic growth will be a bit weaker this year than thought a month ago partly due to trade tensions, with US President Donald Trump having paused a 31% tariff for 90 days imposed on... 


Port infrastructure
Saudi push into South Africa yields billions of dollars in deals
25th April 2025 By: Bloomberg

A flurry of meetings between Saudi Arabia and South Africa over the past year has culminated in discussions about or signed deals worth billions of dollars into Africa’s most industrialized country... 


Necsa CEO Loyiso Tyabashe
CSIR, Necsa sign MoU to collaborate on R&D
25th April 2025 By: Darren Parker

The South African Nuclear Energy Corporation (Necsa) has signed a memorandum of understanding (MoU) with the Council for Scientific and Industrial Research (CSIR) to collaborate on research and... 


Standard Bank Group sustainability head Boitumelo Sethlatswe
Bank invests in oil, gas projects as part of mobilisation targets
25th April 2025

Not only does financial services provider Standard Bank prioritise renewable energy as part of its sustainable finance mobilisation targets, it also supports a broader range of activities that... 


Trade, Industry and Competition Minister Parks Tau
Tau extends deadline for comment on Transformation Fund to May 28
24th April 2025 By: Terence Creamer

Trade, Industry and Competition Minister Parks Tau has extended the deadline for the public to comment on the draft Transformation Fund concept document to May 28, from the original date of May 7.... 


South Africa will lag growth recovery in rest of Africa in 2025 – World Bank
South Africa will lag growth recovery in rest of Africa in 2025 – World Bank
24th April 2025 By: Terence Creamer

The World Bank expects growth in sub-Saharan Africa, as well as South Africa, to rise in 2025 and further accelerate to 2027. But it is also warning of several downside risks, including restrictive... 


World Bank sign and slogan
World Bank Group expands members, priorities for Private Sector Investment Lab
24th April 2025 By: Marleny Arnoldi

The World Bank Group has launched the next phase of its Private Sector Investment Lab, which will include an expanded membership of industry leaders with experience in generating jobs in developing... 


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