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Macro & Micro

Former Deputy President David Mabuza
Former Deputy President Mabuza dies
Updated 7 hours ago By: Reuters

South Africa's former deputy president, David Mabuza, who helped bring current President Cyril Ramaphosa to power, has died, the presidency said on Thursday. Mabuza, 64, served as deputy president... 


PRASA has revived 35 of its 40 corridors
South Africa set to test private sector appetite for long-distance passenger rail routes
3rd July 2025 By: Terence Creamer

Transport Minister Barbara Creecy has confirmed that a request for information (RFI) will be launched in July to assess the potential for private sector participation (PSP) investments in the... 


Petrol pumps
Agriculture council says higher fuel price will dampen sector’s performance
2nd July 2025 By: Marleny Arnoldi

The National Agricultural Marketing Council (NAMC) says the increase in the general fuel levy is set to trigger unwelcome economic consequences in the agriculture sector. The increase in the... 


scrap metal
If export taxes, PPS are relaxed, domestic scrap metal resources will fail to meet demand, Coega Steels director says
2nd July 2025 By: Darren Parker

South Africa’s ferrous scrap metal resources may fail to meet domestic demand should either the export tax thereon or provisions of the Price Preference System (PPS) be relaxed, electric... 


Trade containers
AfDB cuts South Africa growth outlook by half on trade concerns
2nd July 2025 By: Bloomberg

South Africa must accelerate structural reforms to offset global challenges that include US President Donald Trump’s trade war, the African Development Bank said as it cut the nation’s economic... 


South African rand notes
Latest BER survey finds lower inflation expectations for this year and next
2nd July 2025 By: Marleny Arnoldi

The Bureau for Economic Research (BER) cites in its latest ‘Inflation Expectations Survey’ that respondents are expecting headline consumer inflation to average about 3.9% for the remainder of the... 


Standard Bank, Sacci launch KwaZulu-Natal Export Readiness Programme for SMEs
2nd July 2025 By: Darren Parker

Standard Bank Business and Commercial Banking, in partnership with the South African Chamber of Commerce and Industry (Sacci), has launched the Export Readiness Programme to provide support to... 


Energy Council of South Africa CEO James Mackay
Energy Council views launch of wholesale electricity market as key to sustaining reform momentum
2nd July 2025 By: Terence Creamer

The Energy Council of South Africa is strongly supportive of the goal of launching the initial phase of the South African Wholesale Electricity Market  (SAWEM) in early 2026, arguing that the... 


AfDB approves $474.6m loan for green South Africa's Infrastructure Governance and Green Growth Programme
1st July 2025 By: Darren Parker

The African Development Bank (AfDB) has approved a $474.6-million loan for South Africa's Infrastructure Governance and Green Growth Programme (IGGGP). This IGGGP is the second phase of the bank's... 


Itac imposes 52.34% duty on corrosion-resistant steel coil, raises transformer core customs duty
1st July 2025 By: Darren Parker

The International Trade Administration Commission of South Africa (Itac) has requested the South African Revenue Service (Sars) to impose a provisional safeguard duty of 52.34% of the value of... 


Globeleq CEO Jonathan Hoffman
South Africa’s largest standalone battery storage project advances to financial close
1st July 2025 By: Terence Creamer

Africa’s largest standalone battery energy storage system (BESS) project, the 153 MW/ 612 MWh Red Sands project in the Northern Cape, has reached financial close, having raised some R5.4-billion in... 


Trade, Industry and Competition Minister Parks Tau
South Africa reiterates call for extension of 90-day reciprocal tariff pause while US finalises trade matters ‘template’ for Africa
1st July 2025 By: Terence Creamer

The South African government has confirmed that it has reiterated its request for an extension of a prevailing 90-day pause on the imposition of reciprocal tariffs of 31% on South African exports... 


Reserve Bank Governor Lesetja Kganyago
Kganyago sees inflation-target work complete soon
1st July 2025 By: Bloomberg

A review of South Africa’s inflation target by the National Treasury and the nation’s central bank is close to completion, Governor Lesetja Kganyago said. “It should be very soon that it’s... 


Sars records trade balance surplus of R21.7bn in May
30th June 2025 By: Darren Parker

According to the South African Revenue Service (Sars), South Africa recorded a preliminary trade balance surplus of R21.7-billion in May, which was attributable to exports of R175.7-billion and... 


MetPac-SA CEO Dr Kishan Singh
PRO Alliance restructured into five strategic pillars
30th June 2025 By: Darren Parker

The Producer Responsibility Organisation (PRO) Alliance – of which metal packaging PRO MetPac-SA is an active member – has been restructured into five strategic pillars: waste picker integration;... 


AECI CEO Holger Riemensperger
AECI mulling future of historic Modderfontein site after difficult few months
30th June 2025 By: Terence Creamer

Explosives and chemicals group AECI is expecting an operational recovery at its iconic Modderfontein plant in the second half of 2025, following a difficult first few months to the year when output... 


President Cyril Ramaphosa
Rand strengthens as South Africa’s coalition avoids collapse
30th June 2025 By: Bloomberg

South Africa’s currency gained after the nation’s fractious ruling coalition weathered its latest storm when a key partner opted to remain in the government. President Cyril Ramaphosa fired the... 


South African Reserve Bank Governor Lesetja Kganyago
Kganyago bolsters case for lower inflation target
30th June 2025 By: Bloomberg

South African Reserve Bank Governor Lesetja Kganyago reinforced his argument for adopting a lower inflation target, noting that the current goal hurts the rand and allows prices to march higher.... 


BLSA CEO Busisiwe Mavuso
GNU has made decent progress, but political instability now threatens economy
30th June 2025 By: Darren Parker

While the Government of National Unity (GNU) has made headway in several key areas, Business Leadership South Africa CEO Busisiwe Mavuso has voiced concern over the lack of progress on improving... 


SpaceX falcon 9 rocket carrying Starlink satellites
Musk’s Starlink eyes R2bn South Africa investment
30th June 2025 By: Bloomberg

Billionaire Elon Musk’s Starlink, in a potential workaround of South Africa’s Black-empowerment rules to gain an operating license, may invest about R2-billion in the country, Business Day reported... 


mozambique riots
World Bank warns of deepening poverty in conflict-hit economies
27th June 2025 By: Darren Parker

Conflict and instability are taking a toll on 39 affected economies, driving extreme poverty faster than anywhere else, worsening acute hunger, and pushing key development goals farther out of... 


Port of Ngqura
TNPA issues RFP for Port of Ngqura terminal operator
27th June 2025 By: Darren Parker

State-owned Transnet National Ports Authority (TNPA) has issued a request for proposals (RFP) for the appointment of a terminal operator to fund, design, develop, construct, operate, maintain and... 


At the signing ceremony from left to right: Khanyiso Zihlangu (Project Officer, IPP Office), Antony Phillipson (British High Commissioner to South Africa), Lena Mangondo (Head of Legal Department, IPP Office), Jonathan Hoffman (CEO, Globeleq), Minister Kgosientsho Ramokgopa (Minister of Electricity & Energy), Segomoco Scheppers (Interim CEO, NTCSA) and Ambassador Gjermund Sæther (Norwegian Embassy in SA)
Big 153 MW/612 MWh Red Sands battery storage project achieves commercial close
27th June 2025 By: Terence Creamer

The 153 MW/ 612 MWh Red Sands battery energy storage system (BESS) project in the Northern Cape has advanced to commercial close, following the signing of project agreements with the Department of... 


Private sector eyes freight logistics shake-up amid calls for immediate investment
Private sector eyes freight logistics shake-up amid calls for immediate investment
27th June 2025

Much interest is being shown in relation to the opening of the freight logistics system to private sector participation. But there is also an urgent need for immediate investment. Engineering News... 


Ferrochrome
South Africa to impose chrome ore export controls and approves power incentive in bid to arrest ferrochrome decline
26th June 2025 By: Terence Creamer

Cabinet has approved export controls and an electricity incentive for South Africa’s ferrochrome industry after receiving an update on the socioeconomic impact of the continued decline of the... 


Consumer shopping
South African consumer confidence recovers in second quarter
26th June 2025 By: Bloomberg

South African consumer confidence recovered in the second quarter as a proposed increase in consumer taxes was scrapped and an impasse in the coalition government over the budget ended. A quarterly... 


Andrew Whitfield
Ramaphosa sacks DA's Whitfield as Deputy Trade Minister
26th June 2025 By: Reuters

President Cyril Ramaphosa has removed from his position as deputy trade minister a politician from the Democratic Alliance (DA), a key coalition partner of Ramaphosa's party the African National... 


Coenraad Bezuidenhout
Opinion: Tech can make sustainability reporting for South African consumer goods companies what it needs to be
26th June 2025 By: Creamer Media Reporter

In this article, management consultant Coenraad Bezuidenhout writes that digital sustainability measuring and reporting technologies can help South African consumer goods companies achieve... 


Johannesburg
South Africa posts first successive primary surplus in 16 years
26th June 2025 By: Bloomberg

South Africa achieved its first back-to-back primary budget surplus in 16 years, signalling its commitment to fiscal discipline. Africa’s most-industrialised economy posted a primary surplus —... 


Electricity and Energy Minister Dr Kgosientsho Ramokgopa
Ramokgopa again rebuffs conflict-of-interest allegations in battery storage tender
26th June 2025 By: Terence Creamer

Electricity and Energy Minister Dr Kgosientsho Ramokgopa has again rebuffed allegations of a conflict of interest in the selection of independent power producer (IPP) Mulilo as a preferred bidder... 


lanseria airport
Lanseria CEO announces several major airport upgrades
26th June 2025 By: Darren Parker

Lanseria International Airport, in Gauteng, is undergoing a period of transformation and forward-looking development, which will see several major upgrades to the airport’s infrastructure and... 


Statistical review highlights scale of energy transition challenge as emissions continue to rise
Statistical review highlights scale of energy transition challenge as emissions continue to rise
26th June 2025 By: Terence Creamer

Global emissions from energy grew 1% to a record 40.8 Gt of carbon dioxide equivalent (CO2e) in 2024 as total energy demand rose 2% to a new high of 592 exajoules (EJ), the latest ‘Statistical... 


President Cyril Ramaphosa
Ramaphosa backs extension of equity-equivalent scheme to telecoms sector
25th June 2025 By: Terence Creamer

President Cyril Ramaphosa has expressed his support for extending the use of the Equity Equivalent Investment Programme (EEIP) to the broadband telecommunications sector as proposed in a draft... 


President Cyril Ramaphosa
dtic to review BBBEE measures to strengthen efficacy – Ramaphosa
25th June 2025 By: Sashnee Moodley

President Cyril Ramaphosa said on Wednesday that the Department of Trade, Industry and Competition (dtic) is considering a review of broad-based black economic empowerment (BBBEE) measures to... 


Graph showing the movement in the ACI in recent quarters
Construction index weakens on the back of heavy rainfall, poor govt spending
25th June 2025 By: Creamer Media Reporter

The Afrimat Construction Index (ACI) for the first quarter of this year decreased by 2.6% year-on-year, with economist Dr Roelof Botha stating that the reading is an accurate reflection of... 


Busa president Mxolisi Mgojo
B20 task force chairs share policy, actionable recommendations made so far
24th June 2025 By: Marleny Arnoldi

To encourage transparency and spotlight the voices leading the B20 South Africa 2025 agenda, Business Unity South Africa (Busa) president Mxolisi Mgojo and Busa CEO and B20 adviser Cas Coovadia on... 


A gold nugget on dollar banknotes
Central banks eye gold, euro and yuan as dollar dominance wanes
24th June 2025 By: Reuters

The custodians of trillions of dollars of global central bank reserves are eyeing a move away from the greenback into gold, the euro and China's yuan as the splintering of world trade and... 


Rand Currency
Rand gains from risk rally before leading indicator and jobs data
24th June 2025 By: Reuters

The South African rand firmed against a weaker dollar in early trade on Tuesday, after US President Donald Trump's announcement of an Israel-Iran ceasefire and before the release of domestic... 


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