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Public Works and Infrastructure Minister Dean Macpherson will launch a full independent investigation into the Independent Development Trust (IDT) and its corporate governance problems to prevent...
Despite five subindices that turned slightly negative in November, the South African Chamber of Commerce and Industry (Sacci) Business Confidence Index (BCI) still improved by 3.4 points...
While South Africa is starting to see the fruits of energy sector reforms, it still has a long way to go to fix the water, and transport and logistics sectors despite recent progress, says business...
Consultancy PwC finds in its latest yearly global CEO survey that 81% of CEO’s in Africa took at least one action that greatly impacted on their company’s’ business model in 2023, compared with 76%...
Airlines at South Africa’s busiest airport are unable to refuel their aircraft, raising the possibility of renewed delays just two days after pilots at the state-owned carrier ended a strike. The...
With the 2024/25 season expected to benefit from La Niña rains, solid exports having been reported in the year-to-date, food price inflation having come down to 2.8% in October and the Agribusiness...
President Cyril Ramaphosa pointed out on Monday that strengthening local government is the Government of National Unity’s key priority, noting disruptions in the supply of electricity and clean...
Building materials and hardware supplier Buco has opened a new convenience store in Strijdom Park, Randburg. The store, which had a soft opening about two months ago, was officially declared open...
South African business must organise in a fully inclusive manner to take advantage of the opportunities of South Africa's chairing of the intergovernmental platform Group of 20 (G20) for the...
McKinsey & Co. is partnering with South African business-lobby group Business Unity South Africa (Busa) to prepare for an event aimed at connecting global policymakers, civil-society organisations...
The National Prosecuting Authority announced that it has successfully concluded dispute resolution with McKinsey South Africa, in which McKinsey will pay about R1.1-billion into South Africa's...
Industry association SA Canegrowers highlights that this year’s sugarcane harvest is expected to be 10% lower than average, largely owing to unusually dry conditions in most of KwaZulu-Natal's...
Industry association, the South African Sugar Association (SASA), asserts that the sugar tax, since its introduction in 2019, has had a devastating impact on both sugarcane farmers and milling...
Steam generation solutions company Steinmüller Africa says that its boilers are well-equipped to deliver efficient waste management, energy, and cost savings for the pulp and paper, sugar,...
South Africa has signed a pledge with the US city of Atlanta, Georgia, to encourage increased US investment in South Africa and vice versa. The signing took place at a trade and investment seminar...
Global business insolvencies are expected to rise by 11% this year and countries accounting for more than half of global GDP will be hit by double-digit insolvency increases, says risk and...
South Africa's current account deficit was broadly unchanged from the second to the third quarter of this year, staying at 1.0% of gross domestic product, central bank data showed on Thursday. In...
The University of the Witwatersrand, in partnership with diversified mining company Anglo American, have relaunched the old Johannesburg Planetarium as the Wits Anglo American Digital Dome, after...
South Africa’s High Court upheld a legal challenge to the government’s plan to procure 1 500 megawatts of new coal-fired power, ruling that it was unlawful because of the potential impact on public...
National Treasury has noted Moody’s decision to affirm the country’s long-term foreign and local currency debt ratings at Ba2 – otherwise known as non-investment grade or junk status – and maintain...
South African private sector activity increased for a fourth consecutive month in November as firms took on more workers and grew more confident about the economic outlook, a survey showed on...
South Africa's consumer confidence slipped one point in the fourth quarter, although retail sales during the festive season are still expected to be at levels last seen in 2019, a survey showed on...
President Cyril Ramaphosa moved Justice and Constitutional Development Minister Thembi Nkadimeng-Simelane to a new department, amid an investigation into her conduct before she joined the Cabinet....
Germany has committed further funding of €276.5-million (about R5.2-billion) to South Africa for the period to 2026 to support several initiatives, including skills development and South Africa’s...
National Treasury has extended the deadline for public comments on its ‘Taxation of alcoholic beverages’ discussion paper. The paper was published for public comment on November 13, alongside two...
President Cyril Ramaphosa on Tuesday expressed confidence in South Africa’s ability to present “the most impressive G20”, stating that under the country’s leadership, the intergovernmental forum...
South Africa’s GDP decreased by 0.3% in the third quarter, following an increase of 0.3% in the second quarter. The agriculture, forestry and fishing industry decreased by 28.8%, contributing -0.7...
South Africa has assumed the presidency of intergovernmental forum Group of 20 (G20) and its private sector engagement group Business 20 (B20). B20 South Africa will focus on unifying efforts...
The City of Tshwane says the agreement with State-owned Eskom to settle the R6.67-billion historical debt it owes to the utility signals a turning point, ending years of costly litigation and...
Long simmering tensions in South Africa’s steel sector appear to be coming to a boil following a joint statement by the National Union of Metalworkers of South Africa (Numsa) and ArcelorMittal...
As South Africa assumed the presidency of the Group of 20 (G20) and its private sector engagement group Business 20, industry body AgriSA says this leadership position presents an opportunity for...
Pending the outcome of an investigation by the International Trade Administration Commission of South Africa (Itac) into the alleged dumping of structural steel products imported from China and...
Africa recorded a 9% year-on-year increase in foreign direct investment (FDI) projects this year, albeit still 22% below prepandemic levels from 2019, EY Africa’s latest yearly ‘Africa...
In Auditor-General (AG) Tsakani Maluleke's report on the performance of national government entities and an assessment of the underlying performance of the public sector released during the final...
The proceeds of financial services provider FirstRand Bank's inaugural social bond will be allocated to fund financial services firm FNB’s lending to small, medium-sized and microenterprises...
A total of 33 bids have been submitted for South Africa’s latest bidding round for 616 MW/2 464 MWh of utility-scale battery storage capacity that is being procured across five pre-selected...
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