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Macro & Micro

Trade conditions expected to improve – Sacci
16th July 2024 By: Schalk Burger

The broader agreement by a Government of National Unity (GNU) on the need to address economic challenges collaboratively has filtered through to the trade environment, and the May and June 2024 the... 


Forestry, Fisheries and the Environment Minister Dr Dion George
George promises wide consultation on 2025 decarbonisation pledge
16th July 2024 By: Terence Creamer

Forestry, Fisheries and the Environment Minister Dr Dion George has promised “wide consultation” on South Africa’s next nationally determined contribution (NDC) decarbonisation pledge that will be... 


SA US Flag
South Africa plans US mission to lobby against review of ties
15th July 2024 By: Bloomberg

South Africa’s newly formed government will use an upcoming forum on US preferential trade access to push back against a Senate review of ties between the two countries. The House of... 


A Bell Equipment vehicle
IAB offers to buy remaining Bell Equipment shares, plans to delist the company
15th July 2024 By: Schalk Burger

Investment holding company IAB, which is owned by representatives of the founding family and affiliates of Bell Equipment and holds 70.13% of the company's issued shares, has offered to buy the... 


The Port of Durban
Promising effect of new Cabinet consolidating – BLSA
15th July 2024 By: Schalk Burger

"The positive sentiment sparked by the Government of National Unity (GNU) is consolidating," business lobby Business Leadership South Africa (BLSA) CEO Busi Mavuso states in her latest weekly... 


Rough diamonds produced in Botswana
IMF slashes Botswana's 2024 growth forecast amid diamond market woes
15th July 2024 By: Reuters

The International Monetary Fund (IMF) has slashed Botswana’s 2024 growth forecast to 1% from an earlier April estimate of 3.6% due mainly to lower diamond production, it said in a statement. The... 


A stack of ZiG10 banknotes
Zimbabwe bankers back plan to adopt ZiG as sole currency before 2030
15th July 2024 By: Bloomberg

Zimbabwe’s banks support adopting the ZiG as the nation’s sole currency before the current target date of 2030, provided the economic stability which the bullion-backed unit has delivered is... 


William Gumede
GNU should ensure more consensus, accountability 
12th July 2024 By: Marleny Arnoldi

The formation of the national Government of National Unity (GNU) has seemingly created a positive and optimistic mood among investors and society, but the onus is on coalition parties to... 


Cape Town Mayor Geordin Hill-Lewis
South Africa storms in Western Cape cause damage to 35 000 homes
12th July 2024 By: Bloomberg

Storms that pounded South Africa’s Western Cape province have led to flood damage affecting more than 35 000 households in the city of Cape Town, Executive Mayor Geordin Hill-Lewis said. “We’ve got... 


Speakers participating in a webinar on the EU's Carbon Border Adjustment Mechanism
Establishment of carbon borders not supported by climate finance commitments
11th July 2024 By: Schalk Burger

The European Union (EU) is one of the first regions to establish a Carbon Border Adjustment Mechanism (CBAM) scheme, with the current requirement that companies report on the total carbon footprint... 


Global reserve managers upbeat on growth but worry about politics
11th July 2024 By: Reuters

An escalation in geopolitical conflicts is the biggest risk to the global economy, according to central bank reserve managers, who are generally positive about the world's economic outlook,... 


Solidarity proposes economic recovery policies based on international examples
10th July 2024 By: Schalk Burger

Trade union Solidarity has submitted an economic recovery plan, which is based on international examples of policies that have led to improved economic development, to the National Treasury. The... 


Ivory Park aerial image
Ivory Park capital development on track following oversight visit, CoJ says
8th July 2024 By: Darren Parker

City of Johannesburg (CoJ) Member of the Mayoral Committee (MMC) for Development Planning councillor Eunice Mgcina, along with Johannesburg Development Agency (JDA) CEO Themba Mathibe, conducted an... 


BLSA CEO Busi Mavuso
GNU Cabinet announcement gave business confidence a boost, says BLSA
8th July 2024 By: Darren Parker

Business organisation Business Leadership South Africa (BLSA) CEO Busi Mavuso has said that business confidence is growing on the back of the announcement of the new government of national unity... 


Image of Cyril Ramaphosa
Possibility of further loadshedding cannot be ruled out – Ramaphosa
8th July 2024 By: Thabi Shomolekae

President Cyril Ramaphosa said on Monday that while the Government of National Unity is committed to the far-reaching structural electricity reforms it started during the sixth administration, he... 


Reserve Bank Governor Lesetja Kganyago
South Africa inflation expectations dip before rate decision
5th July 2024 By: Bloomberg

South African inflation expectations for the next two years declined, signalling progress in the central bank’s efforts to rein them in before its policy meeting later this month. Average inflation... 


GNU Cabinet
Bloated Cabinet needs to agree on priorities, agenda for deepened economic reform – CDE
5th July 2024 By: Thabi Shomolekae

The Centre for Development and Enterprise said on Friday the centre of government needs to be streamlined with more effective processes feeding into Cabinet to ensure better decision-making.... 


A generic image of galvanised steel sheeting
Bottlenecks affecting company’s operations
5th July 2024 By: Lumkile Nkomfe

Local supply chain and logistics bottlenecks have significantly impacted on steel trading and distribution company Tradecore Steel’s manufacturing operations. These bottlenecks can be attributed to... 


An image of Charles Dedham
Onus on sector to optimise steel capacity – SAISI
5th July 2024 By: Lumkile Nkomfe

Amid the mounting challenges of slow economic growth and increased steel imports, steel representative organisation the South African Iron and Steel Institute (SAISI) emphasises the need to address... 


EXPANDED CAPABILITIES
Expanded warehouse capabilities at Tru-Trac’s facilities, ready to meet the growing demands of the mining and cement sector
Company upgrades KZN facilities
5th July 2024

Solid demand growth has led conveyor solutions innovator Tru-Trac to upgrade and expand its facilities at Richards Bay, in South Africa’s KwaZulu-Natal province, and Middelburg, in Mpumalanga.... 


PHUMLA MAVUNDLA
MCS’ philosophy is to foster self-sufficiency that allows the shapers to plough back into their communities
Programme empowers young agricultural entrepreneurs in KZN
5th July 2024 By: Simone Liedtke

In a move aimed at bolstering youth entrepreneurship, youth empowerment initiative Metropolitan Collective Shapers (MCS) has launched its impactful programme in KwaZulu-Natal as it continues to... 


REWARDING ACHIEVEMENT
iKhokha recently achieved the MTN Financial App of the Year Award
Fintech app surpasses R2bn in disbursements
5th July 2024

KwaZulu-Natal-based fintech company iKhokha, which recently won the MTN Financial App of the Year Award, has disbursed more than R2-billion in working capital to its small- and medium-sized... 


CEO confidence improves in the second quarter
4th July 2024 By: Schalk Burger

Financial advisory company Merchantec's CEO Confidence Index increased by six points to 51.4 in the second quarter, driven by a significant improvement in confidence in the consumer staples sector... 


Digital nomad visas could attract professionals, Endeavor South Africa says
4th July 2024 By: Schalk Burger

Entrepreneurial support organisation Endeavor South Africa says the South African remote work, or digital nomad, visa can help the local technology industry and entrepreneurs, and is a positive... 


Minister in the Presidency Khumbudzo Ntshavheni
Ramaphosa to issue Gazette notice to clarify Presidency’s role in coordination of SOEs
4th July 2024 By: Terence Creamer

Minister in the Presidency Khumbudzo Ntshavheni has reaffirmed that the coordination of State-owned enterprises (SOEs) previously falling under the Department of Public Enterprises (DPE), which is... 


CBE commits to professionalise construction sector alongside new infrastructure Minister, Deputy Minister
4th July 2024 By: Schalk Burger

Regulatory body the Council for the Built Environment (CBE) has welcomed the appointments of Public Works and Infrastructure Minister Dean Macpherson and Deputy Minister Sihle Zikalala, and says it... 


Citrus being sorted for export
A rare South African export success is threatened by crumbling ports
4th July 2024 By: Bloomberg

At a packhouse at Blydevallei Boerdery, near South Africa’s eastern border with Mozambique, workers pluck unripe grapefruit off a conveyor belt. It’s the best chance of getting them to export... 


Milken Institute launches Africa Leaders Business Council
3rd July 2024 By: Schalk Burger

Development think tank the Milken Institute has launched the Africa Leaders Business Council, which brings together experts across business, technology, finance and investment, sustainability and... 


The Johannesburg skyline
South Africa business activity falls in June, S&P PMI shows
3rd July 2024 By: Reuters

South African private sector activity fell in June as output and new orders slipped on uncertainty over the outcome of an election held in May, a survey showed on Wednesday. The S&P Global South... 


Solar assembly
Decision to impose duties on PV modules met with mixture of surprise and support
3rd July 2024 By: Terence Creamer

The South African Photovoltaic Industry Association (SAPVIA) has expressed surprise at government’s decision to introduce a 10% import duty and rebate on “photovoltaic cells assembled in modules or... 


South African flag
Treasury says South Africa is making progress with measures to exit greylisting
2nd July 2024 By: Marleny Arnoldi

The National Treasury says it is satisfied with the outcomes of intergovernmental body the Financial Action Task Force’s (FATF’s) plenary meeting outcomes, despite South Africa not being likely to... 


Reserve Bank governor Lesetja Kganyago
Kganyago welcomes Godongwana's reappointment as Finance Minister
2nd July 2024 By: Bloomberg

South African central bank Governor Lesetja Kganyago welcomed the reappointment of Finance Minister Enoch Godongwana in the new coalition cabinet unveiled by the president this week. “We still have... 


Trade, Industry and Competition Minister Parks Tau
New trade and industry leadership expected to use industrial policy levers to support key sectors
2nd July 2024 By: Terence Creamer

With industrial policy back in fashion in many economies, business and policy specialists expect new Trade, Industry and Competition Minister Parks Tau to prioritise measures to support key... 


Cesa welcomes Macpherson's appointment as Public Works Minister
1st July 2024 By: Schalk Burger

Industry organisation Consulting Engineers South Africa (Cesa) says it looks forward to working with new Public Works and Infrastructure Minister Dean Macpherson. “We trust [he] will be more... 


Absa PMI rises, but remains below 50-point mark amid persisting challenges
1st July 2024 By: Schalk Burger

The Absa Purchasing Managers’ Index (PMI) increased by 1.9 points to 45.7 points in June, from 43.8 in May, but remained below the 50-point mark. Following a strong start to the second quarter,... 


Dr Kgosientsho Ramokgopa speaking during an Eskom power station visit while still Electricity Minister
Separation of energy portfolio and Ramokgopa’s appointment praised amid rising energy-transition complexity
1st July 2024 By: Terence Creamer

The decision to establish a separate energy portfolio with the African National Congress’s Dr Kgosientsho Ramokgopa as Minister and the Democratic Alliance’s Samantha Graham as Deputy Minister has... 


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AQS Liquid Transfer

AxFlow AQS Liquid Transfer (Pty) Ltd is an Importer and Distributor of Pumps in Southern Africa

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Hanna Instruments (Pty) Ltd

We supply customers with practical affordable solutions for their testing needs. Our products include benchtop, portable, in-line process control...

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