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Various business organisations and economists have praised the 2025 Medium-Term Budget Policy Statement (MTBPS), delivered by Finance Minister Enoch Godongwana on November 12, for maintaining...
President Cyril Ramaphosa has reiterated government’s strategic shift in government spending during his address at the 2025 National Construction Summit in Ekurhuleni, on November 13, promising the...
Consulting Engineers South Africa (Cesa) has welcomed the commitment to infrastructure development as outlined in the Medium-Term Budget Policy Statement. However, CEO Chris Campbell says...
South Africa's currency, stocks and bonds extended their rally on Thursday as investors cheered signs of fiscal discipline after the government's medium-term budget policy statement. The rand...
Public Works and Infrastructure Minister Dean Macpherson has touted significant progress in cracking down on the “construction mafia”, with hundreds of arrests and convictions helping to stabilise...
President Cyril Ramaphosa has named new environment and deputy trade ministers, appointing people from his party's main coalition partner, the Democratic Alliance. Ramaphosa's office said in a...
Engineering News editor Terence Creamer talks about the big themes in the 2025 Medium-Term Budget Policy Statement (MTBPS) presented by Finance Minister Enoch Godongwana on November 12.
The National Treasury has started to quantify the savings it is expecting from its Targeted and Responsible Savings (TARS) initiative, which seeks to identify low-priority or underperforming...
The Industrial Gas Users Association–South Africa (IGUA-SA) is calling for the creation of a new structure under The Presidency to coordinate the actions needed to avert the ‘gas cliff’ faced by...
The National Treasury has confirmed that a scheme established to enable municipalities to write of arrear debt owing to Eskom by meeting various conditions, including keeping their current accounts...
As anticipated, Finance Minister Enoch Godongwana confirmed a lowering of South Africa's inflation target to 3%, with a 1 percentage point tolerance band on either side, in his Medium-Term Budget...
Finance Minister Enoch Godongwana has outlined several initiatives being undertaken to finally begin shifting the composition of government spending from consumption to capital investment,...
A measure of Eskom’s credit risk has narrowed to the lowest in a year as investors deepen bets that South Africa’s State-owned power utility has turned a corner after years of crisis. The extra...
Murray & Roberts (M&R) Holdings has announced the resignation of Daniel Grobler as a director, with effect from November 11. His resignation follows the announcement last month that the Gauteng...
The South African rand was stable in early trade on Wednesday, before a mid-year review of public finances that is widely expected to contain positive news for investors. At 0540 GMT the rand...
The International Energy Agency (IEA) has declared that the “Age of Electricity is here” in its latest World Energy Outlook, which again underlines that electricity demand will grow much faster...
South Africa's unemployment rate fell slightly in the third quarter of this year, as jobs were added in construction, social services and trade, the statistics agency said on Tuesday. The official...
Automated clearing house and payments infrastructure company PayInc, previously known as BankservAfrica, says the South African Reserve Bank (SARB) has subscribed to a 50% equity shareholding in...
Goldman Sachs expects an improvement in South Africa’s public finances to pave the way for a sovereign credit-rating upgrade on Friday, days after Finance Minister Enoch Godongwana delivers a...
As Finance Minister Enoch Godongwana prepares to deliver the Mid-Term Budget Policy Statement on Wednesday, he is in a position to signal decisive action that can unlock South Africa’s economic...
South Africa’s eight metropolitan municipalities are now able to tap into a new National Treasury grant, backed by World Bank funding of $925-million (about R16-billion), if they are able to show...
Electricity and Energy Minister Kgosientsho Ramokgopa has scolded South Africa’s coal industry for remaining largely silent during national debates over the country’s energy future, saying its...
Research and consulting firm PBS Development Consulting has recommended the establishment of a dedicated ‘Just Transition Worker Fund’ to ensure South Africa’s climate transition addresses...
The South African rand was steady on Friday trade, as investors worried about a correction in global stock markets following strong gains. At 16:00, the rand traded at 17.34 against the dollar....
Jonathan Oppenheimer, scion of the family that built Anglo American and De Beers into global mining powerhouses, urged the South African government to “get out of the way” of entrepreneurs. While...
The virtual conference held by transport sector engagement organisation the Transport Forum on November 6 heard from a range of experts about the progress of reforms in the transport sector and the...
The Western Cape government has invited the private sector to partner with it as it targets a R1-trillion provincial economy by 2035, up from R664-billion in 2024. At the province’s first ever...
A new study that assesses the investments required to achieve electricity security in South Africa by 2050 while also meeting the country’s decarbonisation goals has reaffirmed that the least-cost...
Steelmaker ArcelorMittal South Africa (AMSA) has called for the immediate suspension and review of recently amended regulations governing the price preference system (PPS) for scrap metal, warning...
South Africa’s commodity windfall is expected to seep into the broader economy, boosting banks, retailers and property stocks as stronger prices improve the fiscal outlook and support lower...
South Africa's private sector activity contracted for the first time in seven months in October, as firms faced a renewed downturn in output and orders, S&P Global reported on Wednesday. The South...
South Africa's rand inched up early on Wednesday, attempting a recovery from an almost two-month low as investors awaited fresh signals on the global and domestic economic outlook. At 0630 GMT, the...
Sun International’s Sun City Resort, in the North West, has relaunched its Sun City Hotel, reviving its former glory and “reimagining” the iconic original hotel. Natasha Odendaal has the story.
JSE-listed steel producer ArcelorMittal South Africa (AMSA) has confirmed that production has ceased at the Newcastle Works, in KwaZulu-Natal, and that the process to place its long-steel business...
Gauteng Premier Panyaza Lesufi has declared Gauteng fully prepared to host the upcoming G20 Leaders’ Summit at the Nasrec Expo Centre, following several months of intensive coordination between the...
The Road Accident Fund (RAF) has paid out a record R5.5-billion in October, its highest monthly payout for the 2025/26 financial year, as the newly appointed board marks its first 100 days in...
The Presidential Climate Commission (PCC) has welcomed government’s recent approval and release of the Integrated Resource Plan (IRP) 2025 and the revised Nationally Determined Contribution (NDC)...
A G20 taskforce established by South African President Cyril Ramaphosa has called for the creation of an international panel to tackle inequality, warning that extreme wealth disparities disrupt...
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