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The Presidential Climate Commission (PCC) has called for a recommitment to global efforts on climate action at its seventeenth ordinary quarterly meeting on March 7. The meeting was convened to...
National Treasury has invited national, provincial and municipal spheres of government, as well as public entities, to apply for funding under the Budget Facility for Infrastructure (BFI) that was...
Home Affairs Minister Leon Schreiber has said that digital transformation requires more than just technology, noting that by the time of the next national and provincial elections in 2029, the...
Saudi Arabia’s Zahid Group will start fresh negotiations with the shareholders of South Africa’s Barloworld, after an initial acquisition offer was rejected. The consortium led by Zahid will seek...
Rapid changes in global geopolitics mean that this week’s Budget speech will takes place in an entirely different context, Business Leadership South Africa CEO Busisiwe Mavuso said in her weekly...
The Africa Finance Corporation (AFC) said it is accelerating efforts to mobilise the continent's money for investments and tapping investors in the Middle East and Asia, as developing nations...
Five years after the World Health Organization first described the Covid-19 coronavirus outbreak as a pandemic, its effects are still being felt on the global economy. Covid-19 and efforts to...
Eskom again resorted to Stage 3 loadshedding on Friday, after a loss of 2 700 MW in 14 hours, including Koeberg Unit 2, which was taken offline on March 2 and was meant to have been returned to...
US Treasury Secretary Scott Bessent on Thursday laid out the Trump administration's ambitions to reshape international trade relations withtariffs, roll back financial regulations on American...
Information technology and software company Microsoft has announced that it will invest a further R5.4-billion to build out more data centre infrastructure in South Africa. This is in addition to...
Structural reinforcement materials manufacturer GFRP Tech has opened a new research and development (R&D) and manufacturing facility in Linbro Park, Sandton. The facility – the result of...
In January, Statistics South Africa (Stats SA) increased the weight of food and non-alcoholic beverage (NAB) prices in the calculation of the country’s Consumer Price Index (CPI) inflation, the...
The UK has approved £330 000 in funding to facilitate a study by the Energy Council of South Africa into the reforms still needed to implement a wholesale electricity market in South Africa. The...
South African food and non-alcoholic beverage (NAB) inflation (hereafter to be referred to simply as food inflation, for short) in January remained, for the eleventh consecutive month, below the...
South Africa’s current account deficit shrank by more than expected in the fourth quarter, aided by an improvement in the trade surplus. The gap on the current account – the broadest measure of...
Following oversight visits to Mpumalanga, KwaZulu-Natal and Limpopo, President Cyril Ramaphosa on Thursday met with the Johannesburg Metro Council, as part of the seventh administration’s priority...
The Presidency has confirmed that it has been formally informed that the US has withdrawn from the Just Energy Transition Partnership (JETP), to which it had initially pledged more than...
Although the Department of Public Works and Infrastructure (DPWI) continues to face numerous challenges, Public Works and Infrastructure Minister Dean Macpherson has noted that there are visible...
After the conclusion of a year-long electricity ‘wheeling’ pilot project, the City of Cape Town is opening its electricity grid to private electricity sales and trading. During the pilot phase, 562...
Emerging electricity retail brand Earth & Wire is aiming to achieve financial close on a R40-billion renewables and storage cluster in the Eastern Cape by the third quarter of 2027 and begin...
Trade is no longer driving global economic growth to the same extent as in the past and policy changes from the new US administration are triggering responses from other nations, according to...
Business activity in South Africa continued to weaken in February, but the pace of contraction slowed compared with the start of the year, a survey showed on Wednesday. The S&P Global South Africa...
The world, including Africa, is facing a major international political event of “seismic proportions”, South African Electricity and Energy Minister Dr Kgosientsho Ramokgopa highlighted in his...
In response to the World Bank’s recent recommendation that South Africa relax its increasingly stringent and highly prescriptive broad-based black economic empowerment (BBBEE) laws to attract...
Statistics South Africa has reported that GDP increased by 0.6% in the fourth quarter of last year, following a contraction of 0.1% in the third quarter. GDP for the full 2024 also grew by 0.6%....
South Africa’s GDP increased by 0.6% in the fourth quarter of 2024, following a decrease of 0.1% in the third quarter of the year. The agriculture, forestry and fishing industry increased by 17.2%,...
South Africa probably avoided a recession last year, saved by strong consumer demand in the fourth quarter as the key mining and manufacturing sectors continued to struggle. “Industry is basically...
President Cyril Ramaphosa will deliver the keynote address at the Microsoft South Africa investment announcement in Johannesburg on March 6. The Presidency said the investment would enhance South...
The African National Congress has appointed Zuko Godlimpi as head of its economic transformation committee in an overhaul of its internal structures. The youngest member of the ANC’s top...
Business Leadership South Africa (BLSA) CEO Busisiwe Mavuso has noted the dichotomy between the prestige that comes with South Africa hosting the Group of 20 (G20) summit in 2025 and the...
South Africa’s expected expulsion from the African Growth and Opportunity Act (Agoa) need not be a death sentence to the country’s export prospects, African Continental Free Trade Area (AfCFTA)...
A new World Bank report argues that South Africa can raise growth and employment by pursuing four priorities aimed primarily at stimulating market competition and bolstering the efficiency of...
Steel group ArcelorMittal South Africa (AMSA) has confirmed that it will proceed with the wind down of its longs business after talks with government failed to yield the “timely solutions required”...
South Africa voiced dismay on Thursday that Group of 20 talks it hosted on global economic issues ended without consensus, after top officials from several countries skipped it and delegates...
Engineering News editor Terence Creamer discusses the challenges facing the South African metals and engineering sector, as highlighted in a new report by the Steel and Engineering Industries...
Selecting the correct excavator hammers can enhance operational efficiency within demolition, construction and mining projects, says construction equipment distributor Develon SA, adding that its...
German development bank KfW has approved a R2.8-billion concessional loan for the City of Cape Town, which will use the funding to strengthen its electricity infrastructure and integrate...
The Steel and Engineering Industries Federation of Southern Africa (Seifsa) is warning that absent a sustained recovery in domestic demand there is a risk that South Africa’s persistently weak...
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