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South Africa faces a 30% tariff on its exports to the United States starting next week, a move expected to cost tens of thousands of jobs after the country failed to secure a trade deal before a...
The Department of Trade, Industry and Competition (dtic) on July 31 announced the launch of an Export Support Desk to serve as a direct point of contact for companies affected by the imminent 30%...
Steelmaker ArcelorMittal South Africa (AMSA) is effectively putting its ambitious decarbonisation plans on hiatus while it figures out how to navigate the crisis surrounding the impending closure...
South Africa's central bank cut its key interest rate by 25 basis points to 7.00% on Thursday and said it would now aim for the bottom of its inflation target range. The rate cut was in line with...
The National Treasury has confirmed that it will inject 20% of the $500-million initial funding required to set up the Credit Guarantee Vehicle (CGV) being established to derisk South African...
The US urged South Africa to improve its trade offer as Pretoria waits to hear what tariff US President Donald Trump will impose on its exports to the world’s largest economy. South Africa hopes to...
South African food inflation accelerated again in June, in both year-on-year and month-on-month terms, the Bureau for Food and Agricultural (BFAP) think tank has highlighted in its latest “Food...
Following concerns of widespread governance failures in the sector education and training authorities and the lack of action on forensic reports, the Organisation Undoing Tax Abuse has requested a...
The South African Reserve Bank (SARB) is poised to extend its longest easing cycle since 2019 on the eve of stiffer US trade tariffs, which are likely to weigh on the country’s already sluggish...
The looming global food crisis is not hypothetical but a reality that needs to be urgently addressed, B20 Sustainable Food Systems and Agriculture Task Force chairperson Debra Mallowah has said....
After months of back and forth, the National Council of Provinces will send the 2025 Appropriation Bill to President Cyril Ramaphosa for assent, with only the Economic Freedom Fighters and the...
The top ten finalists for the 2025 FNF GreenPitch Challenge have been selected from more than 200 entries representing various green economy investment opportunity sectors, including the circular...
South Africa's rand was flat in early trade on Wednesday, with mounting pressure on the country to ink a trade pact with the United States before Washington's August 1 deadline. At 0705 GMT the...
US President Donald Trump said on Tuesday he might skip the upcoming Group of 20 leaders' summit in South Africa in November and send someone else to represent the United States, citing his...
Public Works and Infrastructure Minister Dean Macpherson on July 29 released the findings of an independent forensic investigation undertaken by PwC into the over R800-million Pressure Swing...
Trade, Industry and Competition Minister Parks Tau says a reset in South Africa’s trade relations with the US is unavoidable, but has also reiterated the country’s stance that negotiations remain...
Policy reform, innovative financing, technological integration and capacity building are the four key pillars in overcoming barriers to infrastructure project development in Africa. This is...
South Africa's trade ministry said on Tuesday that it still wanted to negotiate a trade deal with the United States, before a 30% tariff on its exports to the US is due to kick in on Friday....
Bain & Co. is closing down its consultancy business in Johannesburg, likely bringing to an end a years-long battle to try and restore its reputation in Africa’s biggest economy following a 2022...
South Africa’s move to a lower 3% inflation target may be phased in by the end of 2027, potentially resulting in official interest rates moderating to below 6%, Bank of America said. “We think...
The South African rand weakened on Tuesday, with investor attention pinned on the outcome of the country's monetary policy meeting and updates on tariff negotiations as it faces a 30% levy on its...
The number of hungry people around the world fell for a third straight year in 2024, retreating from a COVID-era spike, even as conflict and climate shocks deepened malnutrition across much of...
The National Transmission Company South Africa (NTCSA) has announced the launch of a flagship and mandatory educational programme for those seeking accreditation to participate in the South African...
French energy group EDF says the consolidation of its two international low-carbon businesses into a new entity called EDF power solutions has repositioned it to implement multi-technology projects...
Cooperative Governance and Traditional Affairs Minister Velenkosini Hlabisa has committed to engaging with some of the country’s large municipalities over the next two months to discuss how their...
With the US import tariff of 30% on goods from South Africa to take effect by the end of the week, the citrus industry stands to lose between 500 ha and 1 000 ha, that will simply become...
South Africa could face another jet fuel supply crisis by October unless urgent regulatory reforms are made, Fuel Industry Association of South Africa CEO Avhapfani Tshifularo has warned. Speaking...
National Treasury invited proposals on “innovative and cost-efficient” ways to supplement the government’s foreign-currency borrowing programme in the current fiscal year. The initiative is aimed...
In engagements between the National Executive and the Provincial Executive of the Northern Cape, on Friday, President Cyril Ramaphosa said besides the strides being made in the energy sector, the...
The Passenger Rail Agency of South Africa and its key union reached a wage agreement that will see a 5.5% increase in workers’ pay across the board. The United National Transport Union and Prasa...
Development finance institution (DFI) the African Development Bank (AfDB) has signed a $474.6-million loan agreement with South Africa to support the implementation of the country's Just Energy...
With the threat of 30% tariffs on South African exports to the US looming from August 1, President Cyril Ramaphosa has assured that discussions with the US are ongoing and expressed optimism about...
A temporary global hesitation to embrace the energy transition, spurred on primarily by resistance to the idea by the US, may provide short-term advantages for corporates in sectors such as coal,...
The National Treasury has reported that it has been subject to a malware attack. The malware was detected on its Infrastructure Reporting Model (IRM) website, which was its system for online...
South Africa’s tame inflation has created room for the central bank to cut interest rates at each of its three remaining meetings this year, according to Goldman Sachs and Investec Bank. Annual...
South Africa is unleashing its own version of the US Department of Government Efficiency, or DOGE, to cut programs deemed as wasteful or not aligned with government policy. A mechanism called...
South Africa’s National Treasury plans to revamp its 2026 budget-preparation process after political wrangling saw this year’s proposal altered twice. “South Africa’s current budget process has not...
Solar PV power projects were 41% cheaper on average than the lowest-cost fossil fuel alternatives in 2024, while onshore wind projects were 53% cheaper on average than fossil fuel projects, the...
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