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Macro & Micro

Image of Cyril Ramaphosa
‘Water must be financed, tracked, championed’ – Ramaphosa launches Water Investments Council
Updated 47 minutes ago By: Thabi Shomolekae

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... 


two men shaking hands
Sacci reports improvement in business climate over short and medium term
Updated 4 hours ago By: Darren Parker

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... 


Alfred Nzo development agency CEO Lumko Mtimde and  Coega Wild Coast SEZ programme executive manage Dr David Lefutso
Coega, Anda sign agreement to advance Alfred Nzo Industrial Park
Updated 5 hours ago By: Darren Parker

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... 


Rand currency
South African rand extends gains before business confidence, retail sales data
Updated 7 hours ago By: Reuters

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... 


Sasol Secunda
Sasol expects rebound in full-year EPS
12th August 2025 By: Darren Parker

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... 


Unemployed people
Unemployment rate worsens to 33.2%
12th August 2025 By: Creamer Media Reporter

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.... 


Freight Containers
South Africa’s revised trade offer to the US described as ‘broad, generous, open and ambitious’
12th August 2025 By: Terence Creamer

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... 


R2
South African rand steady before local mining and jobs data
12th August 2025 By: Reuters

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... 


Trade, Industry and Competition Minister Parks Tau
27four, dtic confirm support for Transformation Fund
11th August 2025 By: Schalk Burger

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... 


Manufacturing
South African rand weakens as manufacturing beat fails to offset tariff nerves
11th August 2025 By: Reuters

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... 


Rand Currency
South African rand starts week firmer before local manufacturing figures
11th August 2025 By: Reuters

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... 


Reserve Bank Governor Lesetja Kganyago
South Africa's central bank sees only modest impact from US tariffs
8th August 2025 By: Reuters

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... 


Reserve Bank Governor Lesetja Kganyago
Kganyago says CPI near 3% seen yielding lower rates
8th August 2025 By: Bloomberg

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... 


Rand currency
South African rand softens as traders await tariff updates after Ramaphosa-Trump call
8th August 2025 By: Reuters

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... 


Photo of Terence Creamer
South African economy faces reality of 30% tariff on exports to the US
8th August 2025 By: Creamer Media Reporter

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... 


Local sourcing needs some type of concession to support local industry – Makhubu
7th August 2025 By: Schalk Burger

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... 


Cabinet approves support package for exporters exposed to US tariffs as talks continue
Cabinet approves support package for exporters exposed to US tariffs as talks continue
7th August 2025 By: Terence Creamer

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... 


President Cyril Ramaphosa and US President Donald Trump
Tariff D-Day: Ramaphosa, Trump speak as trade deal discussions continue
7th August 2025 By: Thabi Shomolekae

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... 


The African Development Bank has achieved significant successes over the past decade
6th August 2025 By: Rebecca Campbell

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... 


Bank notes
South African rand steady but tariff concerns linger
6th August 2025 By: Reuters

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
US lashing out because it is a declining empire – Mantashe
5th August 2025 By: Darren Parker

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... 


South African flag with R2 coin
TymeBank outlines economic indicators that can assist SMEs with business planning
5th August 2025 By: Marleny Arnoldi

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... 


Containers at a port
July PMI signals marginal improvement in South African business conditions
5th August 2025 By: Schalk Burger

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... 


An SAB logo
SAB highlights opportunities, challenges for small retailers
5th August 2025 By: Sabrina Jardim

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... 


workers under steel structure at sunset
US tariffs expected to have significant impact on metals, engineering sector, Seifsa warns
4th August 2025 By: Darren Parker

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... 


Komati Power Station
South Africa plans jail time, fines under new emissions rules
4th August 2025 By: Bloomberg

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 speaks while International Relations Minister Ronald Lamola listens during a joint briefing in Germiston
Cabinet to meet on support package for firms and workers exposed to 30% US tariffs
4th August 2025 By: Terence Creamer

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%... 


Citrus farming
Ramaphosa says talks with US continue while using citrus to illustrate complementary nature of trade relationship
4th August 2025 By: Terence Creamer

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... 


flooding in KZN
National Treasury publishes documents in support of enhancing South Africa’s approach to disaster risk insurance
1st August 2025 By: Darren Parker

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... 


Most South African small firms at risk of collapse, survey finds
1st August 2025 By: Bloomberg

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
Trump hits more countries with steep tariffs, markets tumble
1st August 2025 By: Reuters

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... 


A factory in Africa
Manufacturing PMI returns to growth in July amid demand rebound, but jobs and outlook weaken
1st August 2025 By: Darren Parker

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,... 


Trade, Industry and Competition Minister Parks Tau & International Relations and Cooperation Minister Ronald Lamola
DA blames Tau, Lamola for failure to secure US trade deal, as negotiations continue
1st August 2025 By: Thabi Shomolekae

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... 


Shipping containers
South Africa faces 30% US tariff from Aug 7 after failing to reach trade deal
1st August 2025 By: Reuters

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... 


Trade, Industry and Competition Minister Parks Tau
dtic launches desk to support exporters impacted by US tariff hike
31st July 2025 By: Creamer Media Reporter

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%... 


AMSA production plant
AMSA’s decarbonisation plans on hold while long steel crisis persists
31st July 2025 By: Darren Parker

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... 


Reserve Bank governor Lesetja Kganyago
Reserve Bank cuts key rate, will aim for bottom of target band
31st July 2025 By: Reuters

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... 


Electricity and Energy Minister Dr Kgosientsho Ramokgopa
$500m Credit Guarantee Vehicle to be launched in time for first private grid projects
31st July 2025 By: Terence Creamer

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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