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Macro & Micro

South African food inflation continued to decelerate last month
27th August 2024 By: Rebecca Campbell

South African food and non-alcoholic beverage (NAB) inflation (hereafter to be referred to just as food inflation, for short) decelerated again in July, in year-on-year (y-o-y) terms, to 4.5%, the... 


Free State Agriculture highlights crime along Lesotho border to Free State MECs
27th August 2024 By: Schalk Burger

Agriculture organisation Free State Agriculture (FSA) met with members of the executive council (MECs) in the province to highlight increasing crime affecting communities and farmers on the border... 


Solidarity launches skills bank to boost growth, job creation
Solidarity launches skills bank to boost growth, job creation
27th August 2024 By: Thabi Shomolekae

Trade Union Solidarity on Tuesday pointed out that a precondition for growth and job creation in South Africa is excellent infrastructure and appointing the people with appropriate skills, publicly... 


Nersa has committed to ensuring that all regulatory processes, including public hearings, are followed for the MYPD6 application
Nersa promises ‘utmost transparency’ after confirming receipt of Eskom's MYPD6 submission
27th August 2024 By: Terence Creamer

The National Energy Regulator of South Africa (Nersa) has confirmed that it received, on August 16, Eskom’s sixth multiyear price determination (MYPD6) revenue application for the 2025/26, 2026/27... 


President Cyril Ramaphosa
Clause posing threat to municipal electricity revenues may be excluded when ERA enters into force
26th August 2024 By: Terence Creamer

President Cyril Ramaphosa has left the door open to excluding a section in the Electricity Regulation Amendment (ERA) Act that could negatively affect the revenues municipalities raise from... 


IFC Africa VP Sérgio Pimenta
IFC confirms eagerness to fund private grid projects in South Africa
26th August 2024 By: Terence Creamer

The International Finance Corporation (IFC) has confirmed that its stands ready to support South Africa’s efforts to facilitate private sector participation in the expansion of the country’s... 


An image of Natasha Moodley
Fostering global success through diversity
23rd August 2024

In the effort to encourage women’s participation in male-dominated sectors of the economy, global engineering consultancy SRK Consulting asserts that it is vital to start with company values that... 


Timeline for inaugural IEP announced as govt sets year-end target for updated IRP
Timeline for inaugural IEP announced as govt sets year-end target for updated IRP
23rd August 2024 By: Terence Creamer

The South African government aims to Gazette an update to the Integrated Resource Plan (IRP) for electricity before the end of the 2024 calendar year and finalise South Africa’s inaugural... 


An image of Maria Jenner
Embracing diversity an ironclad requirement
23rd August 2024 By: Lumkile Nkomfe

To overcome gender-biased stereotypes and preconceptions in the workplace, concerted efforts to embrace diversity and inclusion should be a non-negotiable hallmark of corporate strategy, highlights... 


An image of Oratile Sekele
Transformation integral to development
23rd August 2024 By: Lumkile Nkomfe

Amid the operational challenges of the country’s transport sector, freight forwarding solutions company Tswalanang Logistics highlights the necessity of creating educational opportunities and... 


JUANITA MAREEToday, the rhetoric must move as women progress beyond barriers on the strength of their skill sets
Resilience key to career growth in logistics
23rd August 2024 By: Lumkile Nkomfe

Amid the gender challenges in the freight and logistics sector, Southern African Association of Freight Forwarders (SAAFF) CEO Dr Juanita Maree stresses the importance of women developing a... 


SONJA DE BRUYN Infrastructure projects and partnerships can be integral to enhancing equality, in addition to safe and effective transport infrastructure's facilitating the movement of women, and therefore, assisting in their participation in economic activity
Women’s participation key to economic growth – investment firm
23rd August 2024 By: Lumkile Nkomfe

Efforts to facilitate the greater participation of women in key sectors of the economy, such as the transport sector, are viewed with the utmost importance by women-led investment firm Identity... 


Minister in the Presidency Khumbudzo Ntshavheni
Cabinet committee probing ways to moderate fuel prices set to turn attention to electricity hikes next
22nd August 2024 By: Terence Creamer

Minister in the Presidency Khumbudzo Ntshavheni reports that the Cabinet committee set up to consider interventions to moderate fuel price increases is likely to turn its attention to electricity... 


President Xi Jinping and President Cyril Ramaphosa during the Chinese leader's State visit to South Africa last year
Trade and investment to be key themes of Ramaphosa’s upcoming State visit to China
22nd August 2024 By: Terence Creamer

Trade and investment relations will be key themes during President Cyril Ramaphosa State visit to the People’s Republic of China from September 2 to 5, Minister in The Presidency Khumbudzo... 


National Minimum Wage Commission invites inputs for 2025 determination
21st August 2024 By: Schalk Burger

The National Minimum Wage (NMW) Commission is inviting stakeholders with an interest in the NMW to make a representation of possible adjustments in the policy instrument. The commission is... 


South African Rand currency
South Africa inflation drops sharply, cementing rate cut expectations
21st August 2024 By: Reuters

South Africa's inflation dropped more than expected in July, falling to within touching distance of the central bank's target and cementing analysts' expectations that the bank will cut interest... 


Transport Minister Barbara Creecy
S Africa moving to finalise framework for private sector participation in rail and ports
20th August 2024 By: Bloomberg

South Africa plans to complete a framework for private companies to use State-owned port and rail infrastructure within six months, Transport Minister Barbara Creecy said, a move that could help... 


Sasol CEO Simon Baloyi
Sasol extends gas supply plateau to June 2027 but only as ‘bridge’ to LNG imports
20th August 2024 By: Terence Creamer

Energy and chemicals group Sasol has confirmed a yearlong extension, to June 2027, in its gas supply from southern Mozambique to South African industrial customers, which have been warning of a... 


Risk from Mpox to travellers in SADC remains low – tourism organisation
20th August 2024 By: Schalk Burger

The risk of Mpox transmission in Southern African Development Community (SADC) countries remains lower than in many traveller source markets, and typical tourist activities do not put travellers at... 


There is growing interest from renewables developers to connect projects to the grid
Interest from IPPs aiming to connect renewables to grid surges to 133 GW
19th August 2024 By: Terence Creamer

The latest edition of the South African Renewable Energy Grid Survey points to there being massive and growing interest from developers of solar PV, wind, battery and hybrid plants to connect to... 


Solar PV with powerlines in the background
Wind bids fall well short of BW7 allocation, while PV bids far exceed provision
19th August 2024 By: Terence Creamer

The Independent Power Producer Office (IPPO) has confirmed that 48 onshore wind and solar PV bids with a combined capacity of 10 218 MW have been submitted under Bid Window Seven (BW7) of the... 


The Johannesburg CBD
After third round of municipal wage negotiations, parties to consider 6% wage increase
19th August 2024 By: Schalk Burger

The South African Local Government Association (Salga) and organised labour have concluded a third round of salary and wage negotiations, with the facilitators’ proposal of a 6% wage increase now... 


Electricity and Energy Minister Dr Kgosientsho Ramokgopa
Ramokgopa withdraws 2.5 GW nuclear-procurement determination citing lack of public consultation
16th August 2024 By: Terence Creamer

Electricity and Energy Minister Dr Kgosientsho Ramokgopa has withdrawn a Ministerial determination for the procurement of 2 500 MW of new nuclear capacity, which was being contested legally, having... 


Necom's focus, Transnet's recovery and the future of Operation Vulindlela make headlines
Necom's focus, Transnet's recovery and the future of Operation Vulindlela make headlines
16th August 2024 By: Creamer Media Reporter

Engineering News editor Terence Creamer discusses some of the key outcomes of the first meeting between Cabinet member and business leaders since the formation of the Government of National Unity.   


Image of Cas Coovadia
Second Presidential Health Compact postponed as Busa lodges objection with President  
14th August 2024 By: Thabi Shomolekae

The Presidency announced the postponement of the signing of the Second Presidential Health Compact to August 22, with Business Unity South Africa (Busa) stating its objection to the Compact. The... 


Rand currency
S Africa urged to lift growth as business confidence rises
14th August 2024 By: Bloomberg

South Africa’s new multi-party government has an opportunity to boost economic growth and investment, the country’s Chamber of Commerce said, as it announced a slight recovery in business... 


Energy Council of South Africa CEO James Mackay
‘Necom 2.0’ to focus on system-wide constraints to electricity security and affordability
14th August 2024 By: Terence Creamer

Amid waning loadshedding, government and business have agreed to begin “repurposing” the National Energy Crisis Committee (Necom) to shift focus from interventions aimed at arresting the... 


Power lines
Rising prices are deepening the electricity divide in South Africa
14th August 2024 By: Bloomberg

Late last year, residents of Yeoville and Bellevue — crumbling inner city areas of Johannesburg — went without power for four weeks after a 63-year-old cable broke. For several months after, power... 


diverse women on mine site
Over-subsidisation compensating for industrial policy failures, economist says
13th August 2024 By: Darren Parker

Trade and Industrial Policy Strategies (TIPS) senior economist Nokwanda Maseko has complained that the State is overcompensating and providing too many subsidies to make up for industrial policy's... 


Deputy Finance Minister David Masondo
DBSA urged to play leading role in fixing municipalities during next phase of Operation Vulindlela
13th August 2024 By: Terence Creamer

Deputy Finance Minister David Masondo has called on the Development Bank of Southern Africa (DBSA), which is a major lender to local government, to play a leading role in supporting the Government... 


People waiting for transport
Unemployment rate worsens to 33.5% in the second quarter
13th August 2024 By: Creamer Media Reporter

South Africa's unemployment rate worsened by 0.6 of a percentage point to 33.5% in the second quarter, from 32.9% in the first quarter. The expanded unemployment rate, which includes discouraged... 


An image of Xpatweb MD Marisa Jacobs and Home Affairs Minister Dr Leon Schreiber
Home Affairs aiming to clear visa backlog by December – Minister
12th August 2024 By: Tasneem Bulbulia

Home Affairs Minister Dr Leon Schreiber is confident that the department will be able to clear the 300 000-plus visa backlog by December, as he looks to tackle key issues facing the entity and... 


Electricity and Energy Minister Dr Kgosientsho Ramokgopa
Expanded pilot project planned to help munis pay Eskom as arrear debt continues to rise
12th August 2024 By: Terence Creamer

Electricity and Energy Minister Dr Kgosientsho Ramokgopa reports that a new pilot project is being prepared to further “stress test” an initiative aimed at ensuring that municipalities settle their... 


JSE CEO Leila Fourie
Private placements, carbon seen by JSE as African growth route
12th August 2024 By: Bloomberg

JSE, which operates Africa’s biggest stock and bond exchanges, is looking to expand its private placement and carbon offset platforms across the continent. The JSE Private Placements platform,... 


Afreximbank Global Trade Bank EVP Haytham ElMaayergi 0824
Afreximbank will double intra-African trade financing to $40bn by 2026
12th August 2024 By: Schalk Burger

Trade finance institution the African Export-Import Bank (Afreximbank) plans to double its financing of intra-African trade from $20-billion in 2021 to $40-billion by 2026, Afreximbank Global Trade... 


A truck transporting containers
South Africa must focus on export competitiveness – Mavuso
12th August 2024 By: Schalk Burger

South Africa must develop industrial policies that build the international competitiveness of its export industries, including by enabling small businesses that could be exporting much more,... 


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