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Macro & Micro

An image of Rod Crompton
Adaptation key to sustainability – expert
14th February 2025 By: Lumkile Nkomfe

The long-established practice of extracting fossil fuels and subsidising the industries associated with it, as well as institutional and regulatory drag, pose real threats to technological progress... 


An image of Prashaen REddy
Tech integration boosting competitiveness
14th February 2025 By: Lumkile Nkomfe

In noting the proliferation of technologies such as AI, Big Data, the Internet of Things (IoT) and digital twins in business operations across Africa, global management consulting firm Kearney says... 


President Cyril Ramaphosa
Forced removals will never again be allowed, Ramaphosa insists as Trump’s order places spotlight on land rights
13th February 2025 By: Terence Creamer

President Cyril Ramaphosa insists that South Africans know the pain of forced removals and will, thus, never again allow land to be confiscated – a position that he said was enshrined in the... 


Silhouette of construction workers on construction site at sunset
Nedbank report shows sharpest increase in fixed investment plans since 2021
13th February 2025 By: Darren Parker

The latest ‘Nedbank Capital Expenditure Project Listing’ report, published on February 13, shows the sharpest increase in fixed investment plans since 2021, reflecting a myriad of projects... 


Electricity and Energy Minister Dr Kgosientsho Ramokgopa
Soon to be launched grid-funding instrument can be private participation template for all SoEs – Ramokgopa
13th February 2025 By: Terence Creamer

Electricity and Energy Minister Dr Kgosientsho Ramokgopa says the private sector participation framework being developed for the transmission sector will be unveiled within five weeks, while... 


Farm fields
BFAP commends agriculture sector for having sustained growth over three decades
12th February 2025 By: Marleny Arnoldi

From heavy government intervention leading up to South Africa’s first democratic elections in 1994, through two financial crises and other macroeconomic challenges, the agriculture sector has still... 


notepad with graph
Sacci says January BCI indicates improved business climate
12th February 2025 By: Marleny Arnoldi

The South African Chamber of Commerce and Industry (Sacci) Business Confidence Index (BCI) decreased to 120 index points in January, from 121 in December, but indicates an improved business... 


Nedbank Commercial Banking planning and management executive head Herman de Kock
Nedbank launches more sophisticated banking instruments, advice for mid-corporate companies
12th February 2025 By: Marleny Arnoldi

Financial institution Nedbank has expanded its banking and advisory offerings to mid-corporate-sized businesses to help realise more growth in this key sector of the economy. Nedbank Commercial... 


Reserve Bank Governor Lesetja Kganyago
South Africa set to lower inflation target in 2026, poll shows
12th February 2025 By: Bloomberg

South Africa will probably wait until next year to lower its inflation target to address more pressing issues such as weak economic growth and fiscal consolidation, according to a survey of... 


 Telkom CEO Serame Taukobong
Opinion: Our pride in being South African is the glue that holds us together
12th February 2025

In this article, Telkom CEO Serame Taukobong highlights the encouraging upward trend in social cohesion and the role national pride plays in uniting South Africans despite our differences. 


Democratic Alliance leader John Steenhuisen
Steenhuisen urges unity in face of ‘new threat’ from US, while calling for changes to expropriation law and equity rules
11th February 2025 By: Terence Creamer

Democratic Alliance leader John Steenhuisen has called on the country to unite in the face of a “new threat” of possible US tariffs and even sanctions, following a rapid deterioration in relations... 


Public Works and Infrastructure Minister Dean Macpherson
Macpherson voices his approval of PPP regulatory easements
11th February 2025 By: Darren Parker

Public Works and Infrastructure Minister Dean Macpherson has stated his approval of Finance Minister Enoch Godongwana’s amendments to Section 16 of the Public Finance Management Act, which will... 


December manufacturing production down 1.2% y/y, Stats SA reports
11th February 2025 By: Darren Parker

South Africa’s manufacturing production decreased by 1.2% year-on-year in December, according to a report by Statistics South Africa (Stats SA) released on February 11. The largest negative... 


Energy Council of South Africa CEO James Mackay
Energy council launches ‘Energise Mzansi’ information campaign
11th February 2025 By: Terence Creamer

The Energy Council of South Africa has launched a communications campaign dubbed ‘Energise Mzansi’, which it says will seek to improve “energy transition literacy” amid rapid structural changes in... 


IMF MD Kristalina Georgieva
Too early to assess US tariffs' impact on world economy, IMF managing director says
11th February 2025 By: Reuters

US tariffs are an "evolving story" and it is too early to assess their impact on the world economy, International Monetary Fund Managing Director Kristalina Georgieva said on Tuesday. She told the... 


Johannesburg skyline
South Africa eases rules for deals with State under R2bn
11th February 2025 By: Bloomberg

South Africa enacted changes to its public-finance laws that will reduce the red tape for projects valued at less than R2-billion where the government partners with private businesses. The... 


Public Servants Association will accept 5.5% pay-hike offer
10th February 2025 By: Bloomberg

South African government workers plan to accept an offer to increase their wages by 5.5%, less than half the percentage initially demanded by State employees. “The majority of our members have... 


Business Leadership South Africa CEO Busisiwe Mavuso
SoNA was a ‘display of unity’, Mavuso says
10th February 2025 By: Darren Parker

Business Leadership South Africa (BLSA) CEO Busisiwe Mavuso believes Cyril Ramaphosa’s State of the Nation Address (SoNA) on February 6 was “a display of unity by the Government of National Unity... 


President Cyril Ramaphosa
Business cautiously optimistic on SoNA commitments, but execution will be critical
7th February 2025 By: Darren Parker

President Cyril Ramaphosa’s State of the Nation Address (SoNA), delivered on February 6, has been met with cautious optimism. The Bureau of Economic Research (BER) commended the SoNA’s focus on the... 


Minister in the Presidency for Planning, Monitoring and Evaluation Maropene Ramokgopa
Medium-Term Development Plan to incorporate 3% growth target
7th February 2025 By: Terence Creamer

South Africa’s Medium-Term Development Plan (MTDP) for the five-year period to 2029 will incorporate the 3% GDP growth target announced by President Cyril Ramaphosa in his State of the Nation... 


Geopolitics, reforms key themes of the 2025 SoNA
Geopolitics, reforms key themes of the 2025 SoNA
7th February 2025 By: Creamer Media Reporter

Engineering News editor Terence Creamer discusses some of the key themes of President Cyril Ramaphosa's first State of the Nation Address since the establishment of the Government of National... 


EY tax partner Duane Newman
Nersa’s carbon tax decision may signal extension of prevailing approach to electricity price neutrality
7th February 2025 By: Terence Creamer

The National Energy Regulator of South Africa’s (Nersa’s) recent decision to disallow Eskom from raising revenue through the tariff for carbon taxes may indicate that the National Treasury has... 


President Cyril Ramaphosa
Ramaphosa says South Africa won’t ‘be bullied’ in SoNA overshadowed by tensions with US
6th February 2025 By: Terence Creamer

In a State of the Nation Address (SoNA) overshadowed by diplomatic tensions between South Africa and  the US over land, social inclusion and climate policies, President Cyril Ramaphosa said South... 


President Cyril Ramaphosa
South Africa will deepen reforms to try to lift growth above 3%, president says
6th February 2025 By: Reuters

South African President Cyril Ramaphosa said on Thursday that his government would launch another phase of reforms to try to lift economic growth above 3%. "We want a nation with a thriving... 


Salga president Bheke Stofile
Salga wants SoNA to address municipal challenges
6th February 2025 By: Thabi Shomolekae

As the country braces for the seventh administration’s State of the Nation Address (SoNA), South African Local Government Association (Salga) President Bheke Stofile extended his best wishes to... 


AMSA postpones longs wind down by month amid intense rescue talks with government
AMSA postpones longs wind down by month amid intense rescue talks with government
6th February 2025 By: Terence Creamer

Steel producer ArcelorMittal South Africa (AMSA) has postponed the wind down of its longs business by a month to allow talks with government on possible ways to prevent the closure to progress, as... 


NDB appoints Chebeskov, Oliveira as directors
6th February 2025 By: Schalk Burger

The BRICS multilateral development finance institution the New Development Bank (NDB) has appointed Ivan Chebeskov and Ivan Tiago Machado Oliveira as directors following the resignations of Timur... 


SBI CEO John Dludlu
SBI wants Ramaphosa to put small businesses first
5th February 2025 By: Darren Parker

The Small Business Institute (SBI) has called on President Cyril Ramaphosa to place small businesses at the centre of his growth agenda for the country at his upcoming State of the Nation Address... 


Banks seek new scorecard on apartheid-redress plans
5th February 2025 By: Bloomberg

A South African banking-lobby group wants the government to complete a review of a charter created to address inequalities brought about by apartheid to ensure it gives an accurate gauge of... 


A Nordex turbine blade being transported to a project in the Eastern Cape
New Nordex head says South Africa remains key market, despite recent headwinds
5th February 2025 By: Terence Creamer

Newly appointed Nordex Energy South Africa MD Robert Timmers says that South Africa is poised to be one of the multinational’s largest markets outside of North America and Europe in 2025. This,... 


Sasol Secunda
Sasol warns of drop in interim earnings on impairments, lower prices
5th February 2025 By: Darren Parker

Energy and chemicals company Sasol has warned that its headline earnings per share (HEPS) are likely to decrease by between 26% and 36% year-on-year, to between R13 and R15, for the six months... 


Sappi's Ngodwana Mill
Sappi delivers improved quarterly performance across all segments
5th February 2025 By: Darren Parker

Although global macroeconomic conditions were unfavourable during the first quarter of paper manufacturer Sappi’s 2025 financial year, the company reported improved year-on-year profitability... 


Rand currency
South Africa business activity contracts again in January, PMI shows
5th February 2025 By: Reuters

South African private sector activity contracted sharply in January as output fell due to lower sales, a survey showed on Wednesday. The S&P Global South Africa Purchasing Managers' Index fell to... 


President Cyril Ramaphosa
CDE calls on Ramaphosa to show how GNU is enacting much-needed reforms
4th February 2025 By: Darren Parker

The Centre for Development and Enterprise (CDE) has urged President Cyril Ramaphosa to use the upcoming State of the Nation Address (SoNA) on February 6 to show how the Government of National Unity... 


Cape Herb & Spice grinders
Recalls announced on three Volvo models, Cape Herb & Spice products
4th February 2025 By: Marleny Arnoldi

The National Consumer Commission (NCC) has confirmed automaker Volvo Car South Africa is recalling the XC90 models made for sale on January 20, 2023, and October 29, 2024, as well as the XC40... 


Money being exchanged
Agri SA appreciates balanced approach to latest minimum wage increase of 4.4%
4th February 2025 By: Marleny Arnoldi

Industry body Agri SA has stated its appreciation for the National Minimum Wage Commission having strived to take a balanced approach in the latest national minimum wage increase of 4.4%, effective... 


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