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Macro & Micro

IMF MD Kristalina Georgieva
Trade no longer driving growth as in past, IMF’s Georgieva says
5th March 2025 By: Bloomberg

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... 


The Johannesburg CBD
South Africa's business downturn eases in February, S&P PMI shows
5th March 2025 By: Reuters

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... 


Solar panels
International upheavals will affect Africa’s energy development and needs a joint response
4th March 2025 By: Rebecca Campbell

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... 


Construction Sector Charter Council executive member Gregory Mofokeng
We want more investment but we will not relax BBBEE, Construction Sector Charter Council says
4th March 2025 By: Darren Parker

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... 


Two-rand coin with South African flag
GDP recovering slowly and unevenly, but ‘it is a start’
4th March 2025 By: Marleny Arnoldi

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%.... 


A farm in the Eastern Cape
South Africa's GDP grew by 0.6% in the fourth quarter
4th March 2025 By: Creamer Media Reporter

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%,... 


Springs Mall
Consumer boost likely saved South African economy from recession
4th March 2025 By: Bloomberg

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 at a previous South Africa Investment Conference
Ramaphosa to make address at Microsoft’s AI investment announcement
3rd March 2025 By: Terence Creamer

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... 


ANC economic transformation committee head Zuko Godlimpi
ANC appoints new economic policy chief
3rd March 2025 By: Bloomberg

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... 


BLSA CEO Busisiwe Mavuso
Dichotomy between G20 diplomacy opportunities and strained geopolitical relations
3rd March 2025 By: Darren Parker

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... 


AfCFTA Secretariat secretary-general Wamkele Mene
If South Africa is expelled from Agoa, it should look to Chinese, African markets, Mene says
28th February 2025 By: Darren Parker

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)... 


World Bank senior MD Axel van Trotsenburg
New World Bank report proposes four priorities for accelerating South Africa’s growth
28th February 2025 By: Terence Creamer

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... 


AMSA to proceed with closure of longs unit after talks with govt fail to yield solution
AMSA to proceed with closure of longs unit after talks with govt fail to yield solution
28th February 2025 By: Terence Creamer

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”... 


Delegate walking in front of G20 signage
G20 finance meeting ends without consensus or communique
28th February 2025 By: Reuters

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... 


Metals and engineering industry taking strain
Metals and engineering industry taking strain
28th February 2025 By: Creamer Media Reporter

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... 


An image of Johann Viljoen
Equipment selection key to project efficiency
28th February 2025

Selecting the correct excavator hammers can enhance operational efficiency within demolition, construction and mining projects, says construction equipment distributor Develon SA, adding that its... 


KfW approves R2.8bn Just Energy Transition Partnership concessional loan for Cape Town
KfW approves R2.8bn Just Energy Transition Partnership concessional loan for Cape Town
27th February 2025 By: Terence Creamer

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... 


Seifsa COO Tafadzwa Chibanguza
Frail cyclical metals and engineering trends may ‘turn structural’ unless domestic demand revives
27th February 2025 By: Terence Creamer

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... 


Proposed rapid rail extensions
Gauteng invites public comment on proposed rapid rail extensions that feature Soweto, Cosmo City
27th February 2025 By: Darren Parker

Members of the public have been invited to review and submit written comments on proposed route extensions detailed in the ‘Draft Route Determination Report for the Soweto Extension and Cosmo City... 


President Cyril Ramaphosa
South Africa seeks ‘meaningful deal’ with US amid strained ties
27th February 2025 By: Bloomberg

South Africa wants to reach a broad-ranging agreement with the US on diplomacy and trade amid strained ties between the two nations, President Cyril Ramaphosa said. A dispute over Pretoria’s land... 


James Mackay
Opinion: If reforms and investment are not accelerated, South Africa risks a renewed electricity crisis by 2028
26th February 2025

In this opinion article, Energy Council of South Africa CEO James Mackay argues that the recent shock return of Stage 6 loadshedding does not signal a return to the dark days of 2023. However, he... 


Solar PV plant
Investment value of private projects registered with Nersa climbs to above R200bn
26th February 2025 By: Terence Creamer

The National Energy Regulator of South Africa (Nersa) reports that it registered a further 143 renewables generation facilities with a combined capacity of 1 107 MW and an investment value of more... 


G20 signage and country flags at the CTICC
Absences and disputes mar G20 finance chiefs' talks
26th February 2025 By: Reuters

A number of finance ministers skipped a gathering of the Group of 20 top economies in South Africa on Wednesday, and other top officials curtailed trips to a meeting marred by disputes over the... 


consumer
South Africa's inflation rises less than expected in January
26th February 2025 By: Reuters

South African inflation edged up in January in the first release since the statistics agency updated its consumer price basket, but the headline rate remains near the bottom of the central bank's... 


President Cyril Ramaphosa
Erosion of multilateralism a threat to global growth, stability – Ramaphosa
26th February 2025 By: Sashnee Moodley

“At this time of global uncertainty and escalating tension, it is now more important than ever that the members of the G20 work together.” This was the message President Cyril Ramaphosa had on... 


Electricity and Energy Minister Dr Kgosientsho Ramokgopa
G20 energy work group set to meet amid divergence over just energy transition
25th February 2025 By: Terence Creamer

The G20 Energy Transition Work Group will have its inaugural meeting this week to discuss the energy priorities that South Africa is seeking to place on the international agenda during its G20... 


Reserve Bank Governor Lesetja Kganyago
Reserve Bank governor says trade and tax policies pose inflation risks
25th February 2025 By: Reuters

Global trade tensions and a potential value-added tax hike in South Africa could derail two years of slowing inflation, the country's central bank governor said on Tuesday. Speaking on the... 


Finance Minister Enoch Godongwana
South Africa moots wealth tax in Budget discussions – Reports
25th February 2025 By: Bloomberg

South African cabinet considered a proposal to introduce a wealth tax when it discussed amendments to last week’s postponed budget, Business Day reported, citing officials it didn’t identify. The... 


The Secunda complex
Sasol cuts emissions-reduction capex as it confirms rejigged plan
24th February 2025 By: Terence Creamer

JSE-listed Sasol has confirmed significant changes to its emission reduction roadmap (ERR), while also announcing material reductions to its capital expenditure requirements for implementing the... 


Chickens
SAPA warns against looming outbreaks of bird flu as vaccination still lags
24th February 2025 By: Marleny Arnoldi

The South African Poultry Association (SAPA) has expressed concern over another potential widespread Highly Pathogenic Avian Influenza (HPAI) outbreak in South Africa, since the virus typically... 


Sasol CEO Simon Baloyi
Repurposed Twistdraai destoning plant key to Sasol’s plan for recovering Secunda’s output
24th February 2025 By: Terence Creamer

Energy and chemicals group Sasol is repurposing its Twistdraai export coal plant as a destoning operation to improve the quality of coal being used in its Secunda gasifiers, in Mpumalanga, where it... 


G20 South Africa logo
AgriSA to discuss trade matters, sustainability support at B20
24th February 2025 By: Marleny Arnoldi

Industry body AgriSA has announced that it will partake in the Business 20 (B20) South Africa Summit on February 24 and 25, in Cape Town. The event, which will connect the business community with... 


FATF logo on display at a conference
South Africa progressing efforts to get off the FATF greylist
24th February 2025 By: Schalk Burger

Intergovernmental organisation the Financial Action Task Force (FATF), on February 21, upgraded four of the six outstanding action items South Africa must undertake to be considered for delisting... 


Nedbank chief economist Nicky Weimar
A department of govt efficiency would not be a bad idea for South Africa, Weimar suggests
21st February 2025 By: Darren Parker

Following the unprecedented Budget speech debacle that played out on February 19, Nedbank chief economist Nicky Weimar has advocated for creative and ruthless cutting of wasteful government... 


The green economy is real and offers real opportunities for Africa
21st February 2025 By: Rebecca Campbell

“You see the whole world focused on climate, and focusing on Africa,” highlighted Sanlam Investments CEO Carl Roothman in his address on the second day of Africa’s Green Economy Summit (AGES) 2025,... 


Image of Senzo Mchunu
9.8% drop in murder cases, but Saps to reassess policing in hotspots
21st February 2025 By: Thabi Shomolekae

Police Minister Senzo Mchunu announced on Friday that the South African Police Service has dedicated next week Thursday to reviewing policing in high murder zones, while he observed an overall... 


Small business selling tyres
Sacci, Absa partner on new SME index
21st February 2025 By: Marleny Arnoldi

In addition to its existing indices that provide information on South Africa’s business landscape, the South African Chamber of Commerce and Industry (Sacci) and Absa have announced a new index... 


Cabinet faced with trade-offs in new Budget
Cabinet faced with trade-offs in new Budget
21st February 2025 By: Creamer Media Reporter

Engineering News editor Terence Creamer discusses what led to Finance Minister Enoch Godongwana being unable to deliver what was meant to have been the first Budget since the formation of the... 


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