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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 has promised “wide consultation” on South Africa’s next nationally determined contribution (NDC) decarbonisation pledge that will be...
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...
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 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...
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...
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...
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...
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...
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...
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,...
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...
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...
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...
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...
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...
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....
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...
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...
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....
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...
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...
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...
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 has reaffirmed that the coordination of State-owned enterprises (SOEs) previously falling under the Department of Public Enterprises (DPE), which is...
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...
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...
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...
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...
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...
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...
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...
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...
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...
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,...
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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