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Public Works and Infrastructure Deputy Minister Sihle Zikalala has welcomed the signing into law of the Expropriation Bill by President Cyril Ramaphosa. The legislation, signed into law on January...
Minister of Forestry, Fisheries and the Environment Dr Dion George said the US’s decision to withdraw from the Paris Agreement is not only an abdication of a global responsibility to humankind, but...
Security personnel stationed at the Department of Public Works and Infrastructure’s (DPWI’s) Public Works House, in the central business district (CBD) of Pretoria, foiled efforts on the eve of...
Despite challenging circumstances during the six months ended December 31, energy and chemicals company Sasol has stated that its market guidance for both its Mining and Gas divisions remains...
He’s not showing up in person, and his video address will come as the World Economic Forum is already winding down. But Donald Trump is still what everyone wants to talk about in Davos. Fans like...
The South African Reserve Bank will trim its repo rate next week by a quarter of a percentage point to 7.50% and repeat that in March, but then delay its final 25 basis point cut of the cycle to...
President Cyril Ramaphosa said on Wednesday that he was not worried about the country's relationship with the US under President Donald Trump. Ramaphosa said he spoke to Trump after his US election...
Thirteen new industrial clusters, from Australia, Brazil, Colombia, India, the Netherlands, Saudi Arabia, Sweden, Thailand and the UK have joined the World Economic Forum’s (WEF’s) Transitioning...
Addressing a gathering of global leaders on January 21, World Economic Forum (WEF) founder and chairperson Klaus Schwab called on the global community to embrace "constructive optimism", urging...
Nearly 60% of CEOs expect global growth to increase over the next 12 months, which indicates a more positive outlook compared with 38% of CEOs having expected growth this time last year, and 18% of...
Indian steelmaking tycoon Lakshmi Mittal met with South African ministers in Davos this week as the country seeks to head off the planned closure of steel mills that are crucial to the local...
South Africa's inflation rate rose for the second month in a row in December but by less than expected, with analysts saying the central bank was still likely to deliver another interest rate cut...
Foreign direct investment (FDI) globally grew by 11% to $1.4-trillion last year, but contracted by 8% when excluding flows through European conduit economies. United Nations Conference on Trade...
South Africa's economic outlook is better this year than last, but the inflation picture is more muddied as risks abound, its central bank governor said on Tuesday. South African Reserve Bank...
Deputy President Paul Mashatile noted changes in the country’s economic patterns, but acknowledged that the pace of South Africa’s economic growth and development is protracted and not at its...
With several new renewables and battery storage projects under construction or being advanced to financial close, 2025 is poised to be a significant year in Mulilo’s ongoing transition from an...
South African central bank Governor Lesetja Kganyago warned that US protectionist policies may derail future interest-rate cuts by central banks if they turn out to be inflationary, though there...
Billionaire-backed ArcelorMittal South Africa’s (AMSA's) plans to shut down a century-old steel mill in South Africa are holding President Cyril Ramaphosa’s dream of fostering a $257-billion...
Global natural gas markets reached an all-time high last year and are set to remain tight in 2025 despite an ongoing rebalancing following the supply shock of 2022/23, the International Energy...
Electricity and Energy Minister Dr Kgosientsho Ramokgopa reports that South Africa’s energy market reforms and investment opportunities will be showcased at the World Economic Forum in Davos,...
South Africa is focusing on implementing growth-enhancing reforms not regaining its investment-grade credit rating, which could take two years or more, its finance minister said on Monday. The...
Forestry, Fisheries and the Environment Deputy Minister Narend Singh has noted the critical need for collaboration among countries in the Southern African region to address pressing environmental...
The second phase of the partnership between government and business aims to deliver economic growth of 3% by the end of the year, which business partners and President Cyril Ramaphosa and a senior...
Following a thorough internal review and disciplinary process, the Coega Development Corporation (CDC) has decided to dismiss its suspended CEO Kwezi Tiya effective December 19. The CDC says Tiya...
President Cyril Ramaphosa noted on Monday that government has reaffirmed its commitment to working with all social partners in pursuit of inclusive growth that benefits all South Africans and...
US Agency for International Development private sector programme Prosper Africa and trade financing company African Export-Import Bank (Afreximbank) have signed a new memorandum of understanding...
President Cyril Ramaphosa, on January 16, met with Ministers and senior business leaders to reaffirm the government-business partnership’s commitment to achieving the shared ambition of...
The World Bank’s latest ‘Global Economic Prospects’ report states that developing economies are projected to finish the first quarter with the weakest long-term growth outlook since 2000. Even as...
The South African Communist Party (SACP) stated on Friday that aside from urgently stopping the closure of ArcelorMittal South Africa’s (AMSA’s) domestic steel mills and rail-fabrication plant,...
Botswana's economy is expected to grow 3% to 4% in 2025 after a contraction last year, a senior government official said at a budget workshop on Friday, as the global diamond market is anticipated...
US e-commerce giant Amazon.com opened on Thursday a walk-in centre in South Africa that it says will help its independent sellers attract more customers and expand their businesses, while it also...
A delegation from B20 South Africa will attend the upcoming World Economic Forum (WEF) annual meeting, in Davos, Switzerland, led by B20 South Africa Sherpa Cas Coovadia, along with co-chairpersons...
A new International Energy Agency (IEA) report argues that nuclear capacity could double to 870 GW by 2050 in light of renewed interest in the building of new nuclear plants, including small...
South African officials are working to prevent the closure of some steel mills operated by the local unit of ArcelorMittal SA this month, Trade Minister Parks Tau said, adding he is hopeful about...
The World Economic Forum (WEF) finds in its latest ‘Chief Economists Outlook’ report that only 17% of economists foresee an improvement in the global economy this year, with 56% of respondents...
Finance Minister Enoch Godongwana has emphasised the importance of collaboration between business and government as South Africa has an opportunity to highlight its strengths on the global stage....
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