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Global energy investment is set to increase to a record $3.3-trillion this year, despite headwinds from elevated geopolitical tensions and economic uncertainty, according to the International...
The South African rand was weaker in early trade on Thursday, ahead of local first-quarter current account data. At 0551 GMT the rand traded at 17.8425 against the dollar, about 0.2% weaker than...
The Department of Transport (DoT) reports that it received 162 formal responses to a request for information (RFI) launched by Minister Barbara Creecy in March to test the market appetite for...
Absa macro and fixed-income research head Jeff Gable thinks it is “ridiculous” that discussions are abounding about whether or not the US will boycott the 2025 G20 Summit later this year or not,...
The Rand Merchant Bank (RMB)/Bureau for Economic Research Business Confidence index (BCI) decreased by five points to 40 in the second quarter of the year, after the recovery that started in the...
UN Trade and Development (Unctad) has warned that the global ocean economy is under increasing pressure from environmental and international political shocks. This is of concern because of the...
Frontier economies, mostly located in Africa, would need to spend one-third of their GDP by 2030 to achieve renewable power generation goals under the Sustainable Development Goal (SDG) scenario,...
Finance Minister Enoch Godongwana said he is waiting for a report on the country’s inflation-targeting dispensation and he hasn’t decided whether it should be adjusted. “I do not have any views at...
South Africa needs faster economic growth and credible fiscal consolidation to secure its first credit rating upgrade in two decades, a senior S&P Global Ratings official said on Wednesday. At its...
South African business confidence fell in the second quarter of 2025, pressured by trade uncertainties due to US President Donald Trump's "Liberation Day" tariffs and local logistical constraints,...
South African business activity grew at its fastest pace in four years in May, driven by a robust increase in private sector output and improved customer confidence, a survey showed on Wednesday....
African countries should focus on developing liquid local debt markets in their home currencies to protect them from global volatility and fickle foreign investors, said Moody's global head of...
While defending the controversial launch of a R100-billion Transformation Fund, Trade, Industry and Competition Deputy Minister Zuko Godlimpi has also urged lawmakers not to view the proposed...
Excessively high beer taxation levels are driving consumers to support the illicit alcohol industry, a situation that needs to be rectified by lowering beer excise taxes as soon as possible, Beer...
A lower South African inflation target coupled with a revised borrowing strategy could save the government as much as R870-billion in debt-service costs, according to a research document published...
South Africa's GDP increased by 0.1% in the first quarter, following an increase of 0.4% in the fourth quarter of 2024. The agriculture, forestry and fishing industry increased by 15.8%,...
About 10 427 new jobs have been created in the business process outsourcing (BPO) sector during the past financial year, from April 2024 to March 2025, City of Cape Town Mayoral Committee Member...
The South African rand gained some ground against a weaker dollar in early trade on Monday, ahead of a purchasing managers' index (PMI) survey for the domestic manufacturing sector and vehicle...
The International Congress and Convention Association (ICCA) has ranked Cape Town as the world’s thirty-fifth most popular convention location for international associations, in its latest annual...
South Africa’s central bank chief has given the country’s local-currency bonds another reason to add to their market-leading returns. Investors are piling into the debt after South African Reserve...
Electricity trader Discovery Green has signed a power purchase agreement with Red Rocket that unlocks the second phase of the independent power producer’s (IPP’s) 150 MW Overberg Wind Farm, located...
Independent power producers (IPPs) Mulilo and Scatec have been named as preferred bidders to develop 616 MW/2 464 MWh of new battery storage capacity at a cost of R9.5-billion across five...
The South African rand held most of the previous day's gains in early trade on Friday, after the central bank stressed its strong preference for a lower inflation target at a monetary policy...
The ‘South African MSME Access to Finance 2025’ report has showed that there is insufficient, and insufficiently granular, data on lending to small businesses, and South Africa should align with...
Ahead of the South African government and the International Trade Centre hosting the first-ever Global Small and Medium-sized Enterprises (SME) Ministerial Meeting in July, Small Business...
South Africa's central bank cut its main interest rate by 25 basis points to 7.25% on Thursday, after inflation came in below its target range for a second consecutive month. The decision by the...
Independent political and economic advisory firm Private Clients director Dr Frans Cronje argued on Thursday that for South Africa to see a lift in the fixed investment rate, it should refine coal,...
Finance Minister Enoch Godongwana has congratulated Ulrike Britton, Ogalaletseng Gaarekwe and Christopher Axelson on their appointment as deputy directors-general (DDGs) in the Department of...
South Africa's producer inflation was at 0.5% year on year in April, unchanged from March, statistics agency data showed on Thursday. The Producer Price Index increased 0.5% month on month in...
South Africa’s agriculture sector is no novice when it comes to global risk mitigation and adapting export procedures according to market standards, Agricultural Business Chamber of South Africa...
The South African Reserve Bank looks set to ease borrowing costs on Thursday to support a faltering economy, before pausing to assess any further fallout from US President Donald Trump’s trade war....
The South African rand was steady on Wednesday, a day ahead of the central bank's interest rate decision. At 1329 GMT, the rand traded at 17.9375 against the dollar, little changed from Tuesday's...
The Independent Power Producer (IPP) Office has confirmed that a request for qualification will be issued in July in preparation for the first phase of the procurement of independent transmission...
RISE Mzansi is calling for urgency in a Special Investigating Unit (SIU) investigation into Road Accident Fund (RAF) CEO Collins Letsoalo, who has been placed on special leave, with immediate...
The Centre for Development and Enterprise on Wednesday called for the proposed R100-billion Transformation Fund to be scrapped, saying it is “riddled with gaps, flawed assumptions, and implausible...
Economists have cut their consensus forecast for South African economic growth this year by 0.3 percentage points in May, in the biggest single monthly downgrade since early 2023, a Reuters poll...
The South African rand was flat in early trade, as traders held off from big bets before the central bank's interest rate decision on Thursday. At 0645 GMT, the rand traded at 17.9725 against the...
President Cyril Ramaphosa insisted on Tuesday that South Africa’s deteriorating relationship with the US had been “reset” following recent meetings with President Donald Trump, notwithstanding an...
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