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Mineral and Petroleum Resources Minister Gwede Mantashe has announced the adjustment of fuel prices, based on current local and international factors, effective February 5. Petrol 93 and 95...
The World Bank raised its economic-growth forecast for South Africa because of a sustained recovery in its energy and logistics sectors, while warning that the nation will struggle to achieve a...
South Africa could increase its GDP growth by 1% in the short term and up to 3% in the medium term by addressing persistent energy and freight logistics constraints, the World Bank’s latest ‘South...
Industry body South Africa Wine has expressed serious concerns about the potential impact on the wine industry’s sustainability and competitiveness, in response to National Treasury’s proposed...
President Cyril Ramaphosa can use his State of the Nation Address (SoNA), set to be delivered on February 6, to reinforce the fundamental commitment by different parties to find workable solutions...
South Africa’s President Cyril Ramaphosa has issued a swift response to US President Donald Trump’s threat that aid from that country could be withdrawn, owing to his view that South Africa’s...
US President Donald Trump said on Sunday, without citing evidence, that "certain classes of people" in South Africa were being treated "very badly" and that he would cut off funding for the country...
Botswana’s government will develop new industries, dismantle the State power utility to foster private investment and increase concessional borrowing as part of a plan to diversify the...
Finance company African Dawn Investments has entered into a strategic collaboration with Singapore company WaterCloud International and Chinese original-equipment manufacturer Beny New Energy to...
The International Monetary Fund (IMF) expects South Africa’s yearly economic growth rate to reach 1.8% by 2030, supported in large part by ongoing electricity and logistics reforms. In the outcome...
State-owned port and rail operator Transnet National Ports Authority (TNPA) has achieved a major milestone in its journey to recovery with the on-time and seamless berthing of the world’s largest...
Offshore projects are a key segment for engineering products and services provider BMG’s dedicated Tools & Equipment: Lifting and Rigging division, demanding specialist solutions for safe and...
Public–private partnerships (PPPs) are vital to reduce inefficiencies at South Africa’s port terminals and drive down operating costs so that businesses and consumers can benefit, highlights law...
South Africa's central bank cut its main lending rate by another 25 basis points to 7.50% as expected on Thursday, saying that while inflation appeared well-contained the medium-term outlook was...
South Africa's producer inflation was at 0.7% year on year in December versus -0.1% in November, statistics agency data showed on Thursday. The Producer Price Index was at 0.2% in month-on-month...
Finance Minister Enoch Godongwana vowed to keep showing “tough love” toward the nation’s ailing State-owned enterprises, rebuffing calls for a bailout of Transnet. The African National Congress...
The bankable feasibility study (BFS) for blue ammonia producer Suiso’s R31.5-billion coal-to-fertiliser and methanol project in Kriel, Mpumalanga, was completed earlier this month. The study was...
South Africa’s grid transmission infrastructure is constrained, and it is critical that this be dealt with to support the country’s goal of increasing its energy supply and diversifying its energy...
Wits Business School (WBS) has formalised its partnership with the Services Sector Education & Training Authority (Services Seta) at a special signing ceremony on January 28, furthering...
Following an estimated 4.8% output contraction in the agriculture sector in 2024, Bureau for Food and Agriculture Policy executive director and commodity markets manager Tracy Davids expects a...
South Africa's statistics agency has updated its consumer inflation basket for the first time since 2022, including items like rosé wine, air fryers and streaming services to reflect changes in...
Leading global builder and operator of renewable-energy projects JUWI Renewable Energies has announced that it is building three utility scale solar PV projects in South Africa with a combined...
As Eskom seeks approval from the National Energy Regulator of South Africa for a 36% electricity tariff increase, faith-based eco-justice organisation, the Southern African Faith Communities’...
Following the deaths of nine South African National Defence Force members in the eastern Democratic Republic of Congo, non-governmental organisation AfriForum wants Defence and Military Veterans...
South African electricity trader Discovery Green has confirmed that it has signed supply agreements for wheeled electricity with five companies in the mining, property and hospitality sectors,...
World Bank president Ajay Banga said boosting access to electricity is the key to unlocking the demographic dividend in the world’s youngest continent. Banga, who spoke in an interview at the...
Gunfire rippled across east Congo's largest city Goma where Rwandan-backed M23 rebels still faced pockets of resistance from army and pro-government militias on Tuesday, while another four South...
Investment management company Prescient Investment Management has launched the Prescient Domestic Balanced Fund, seeded with an initial investment of R200-million. The fund has a number of unique...
According to technology group Heraeus, last year saw modest growth in car sales within the EU, while the market share of battery electric vehicles (BEVs) declined. Heraeus reported on January 27...
JSE-listed Impala Platinum (Implats) has signed a five-year power purchase agreement (PPA) with Discovery Green for the supply of wheeled renewable electricity to its refinery operations in...
South Africa is still discussing whether to set up a new fund to promote Black-owned businesses, and suggestions that new taxes will be imposed to capitalise it are unfounded, the nation’s trade...
The South African business and government delegation that attended the World Economic Forum annual meeting, in Davos, Switzerland, last week, encountered a transformed outlook for South Africa....
Over the course of the next month, African nations representing almost three-quarters of the continent’s gross domestic product are set to stake out different approaches to interest rates, as they...
Tariffs proposed by US President Donald Trump will likely have an inflationary impact on South Africa, according to the chief executive officer of one of the country’s largest banks. Trump’s moves...
South Africa must focus on fundamental local factors it can control to strengthen the economy and the Government of National Unity must act on the systemic issues in the economy, says investment...
While original-equipment manufacturers such as Toyota South Africa Motors (TSAM) welcome more competition in the automotive market, CEO Andrew Kirby says the influx of Chinese-brand vehicle imports...
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