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The South African rand slipped on Wednesday, as the dollar made a tentative rebound, while concerns lingered over the independence of the US Federal Reserve. By 0925 GMT the rand was trading at...
Bulk water utility Rand Water has announced that it will reduce bulk water supply to the Merafong municipality, in Gauteng, by a further 20% after the parties were unable to find a solution to the...
South African food inflation accelerated again in July, the Bureau for Food and Agricultural Policy (BFAP) think tank has pointed out in its latest 'Food Inflation Brief'. The increase was 5.7%...
The small, medium-sized and microenterprises (SMMEs) of South Africa contribute about 35%, or R2.5-trillion, of the country's yearly GDP, account for 50% of all formal employment and create 60% of...
Home Affairs Minister Dr Leon Schreiber said on Tuesday that his department is moving at “light speed” to take a department that has long been maligned as almost the symbol of government...
The South African rand was little moved in early trade on Tuesday, ahead of the release of local central bank data that will shed light on the country's economic outlook. At 0536 GMT the rand...
Sasol CEO Simon Baloyi has confirmed that the JSE-listed group has applied to the National Energy Regulator of South Africa (Nersa) for an electricity trading licence, and is also planning to take...
South African petrochemical firm Sasol is working to contain the impact of higher tariffs on its chemical exports to the US, Chief Financial Officer Walt Bruns said on Monday, saying they could...
Energy and chemicals group Sasol reports that construction of its coal destoning plant has been completed and that the facility, which should be ramped up to full production by December, is...
Transport Minister Barbara Creecy’s announcement on August 22 that 11 train operating companies have been allocated rail slots across 41 routes and six corridors marks an important step toward...
JSE-listed Hulamin’s financial results for the six months ended 30 June have revealed that the company’s earnings are under significant pressure, resulting in decisive portfolio restructuring to...
Back from his trip to Japan, where he attended the ninth Tokyo International Conference on African Development Summit, President Cyril Ramaphosa underscored the importance of the forum to...
South Africa’s National Treasury and the heads of its top banks discussed the risk the country may be cut off from SWIFT, the international payments system, if US lawmakers impose sanctions,...
South Africa’s financial watchdog is preparing new rules for the over-the-counter derivatives market that will require certain products to be cleared by a central counterparty to improve...
The South African rand softened early on Monday as investors booked profits after a rally that took the currency to a nine-month peak. At 0603 GMT the rand traded at 17.46 against the dollar, 0.2%...
The Cape Town City Council has decided to start an exploratory public participation process into the sale of the city’s majority shareholding in the Cape Town International Convention Centre...
Botswana's President Duma Boko announced on Thursday an agreement with Qatar's Al Mansour Holdings, aimed at addressing immediate national challenges, with the Gulf firm committing to $12-billion...
South Africa’s fuel supply system is under strain, as the country continues to rely heavily on imports amid stagnating infrastructure investment and unresolved regulatory issues. “We’re in a new...
Private equity infrastructure fund manager African Infrastructure Investment Managers (AIIM) and diversified investment holding company Motseng Investment Holdings have formed the women-owned...
South Africa’s central bank urgently needs to adopt a more flexible monetary-policy framework that incorporates climate-risk considerations, new research shows. “Traditional monetary policy tools...
The Small Business Growth Index (SBGI) shows that small businesses are experiencing a fragile recovery with deep-rooted challenges, with one-quarter of the 1 600 small and medium-sized enterprises...
President Cyril Ramaphosa has outlined how South Africa hopes to leverage the African Continental Free Trade Area (AfCFTA) to support the country’s reindustrialisation. Speaking at the ninth Tokyo...
Retailer Checkers has launched South Africa’s first smart shopping trolley, called the Xpress Trolley, which allows shoppers to scan-and-bag items as they go, track a live running total and pay...
A South African government trade body looking into the country's struggling steel sector proposed import duties starting at 10% to defend the industry from an influx of imports mainly from China....
The Department of Trade, Industry and Competition (dtic) will lead an Outward Selling Mission to Nigeria and Ghana from August 25 to 29 as part of its ongoing mandate to expand South Africa’s trade...
South Africa's consumer price inflation rose to 3.5% year-on-year in July, driven to its highest level since September 2024 by higher food and fuel prices though still within the central bank's...
The African fintech sector is experiencing rapid growth, driven by a combination of economic expansion, high demand for financial services and innovative solutions addressing longstanding gaps in...
The South African rand eased in muted early trade on Wednesday, before the release of local inflation data which will influence the central bank's thinking at its rate-setting meeting next month....
Steel and Engineering Industries Federation of Southern Africa (Seifsa) CEO-designate Tafadzwa Chibanguza says the prevailing uncertainty surrounding South Africa’s public procurement rules in...
Forestry, Fisheries and Environment Minister Dr Dion George has welcomed arrests of suspects linked to an international rhino horn syndicate, describing it as a decisive victory in the country’s...
South African banks have become more reluctant to lend as the threat of extreme weather events has heightened the risk of defaults, a study by the South African Reserve Bank showed on Monday. The...
Despite the immense uncertainty having been created by the US announcing impending import tariffs on South African goods earlier this year, the agriculture sector has recorded 26% higher exports...
Internet services company Google has announced the opening of applications for the 2025 Google for Startups Accelerator (GFSA) programme for South African founders. The programme will be a...
South African President Cyril Ramaphosa will hold talks with his Russian counterpart Vladimir Putin this week to discuss Moscow’s ongoing war on Ukraine and efforts to end it. Putin instigated...
Licensed electricity trader Energy Exchange of Southern Africa (EXSA) describes its recently concluded 15-year power purchase agreement (PPA) with Seriti Green as a major milestone in positioning...
One in three, or 32.9%, of adults in South Africa are unemployed, highlighting that the economy is suffocating under the weight of structural inefficiencies that reforms could fix, says business...
Headline consumer inflation is expected to rise slightly in coming months, but core inflation is anticipated to remain subdued, says consultancy EY. As South Africa navigates a path toward...
The South African rand was subdued in early trade on Monday, with the main focus this week on domestic inflation numbers, while investors also eyed geopolitical developments which could influence...
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