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The National Treasury reports that additional strategies are being explored together with stakeholder departments and Eskom to address the “critical” financial situation of the top 14 Eskom...
Scaling up private-sector participation (PSP) in the delivery of infrastructure emerged as a central component of the “pro-growth agenda” outlined by Finance Minister Enoch Godongwana in his first...
Slow growth, high debt, weak investment and the risk of fragmented trade are contributing to widespread discontent affecting developed and developing nations. Multilateral action and a revised...
Based on the current policy environment, the global market for clean energy technologies is set to rise from $700-billion in 2023 to more than $2-trillion by 2035, close to the value of the current...
Economist Dr Larry Hatheway has predicted that Donald Trump will win the upcoming US presidential elections against Kamala Harris, which will probably encourage deglobalisation based on the former...
The National Energy Regulator of South Africa (Nersa) has approved four new electricity trading licences, the issuance of which had been opposed by Eskom, along with the country’s first-ever...
Trade & Industry Policy Strategies (TIPS) finds in its latest Real Economy Bulletin for the second quarter of the year that GDP increased by 0.4% year-on-year, against population growth of 1.3%...
Zimbabwe’s ruling party passed a resolution to adopt the bullion-backed ZiG currency as the country’s sole legal tender and phase out the use of US dollars. The government is ordered to “expedite...
The new South African coalition government’s resolve to control debt and expedite reforms to fire up the lackluster economy will be put to the test when it unveils its first budget on Wednesday....
In an open letter, several sugar industry associations have called on Finance Minister Enoch Godongwana to honour a commitment he made in his 2023 Budget, where he announced that consultations...
South Africa will call for the New Collective Quantified Goal (NCQG) on climate finance to be set at $1.3-trillion yearly during the upcoming COP29 climate negotiations, which will be held in Baku,...
African countries face higher costs of financing because of inflated risk perceptions from credit-ratings companies, the head of the continent’s biggest bank said. A United Nations Development...
South Africa’s improving economic prospects after years of lackluster growth will result in better fiscal metrics and may soon lead to an upgrade of its junk-rated debt, according to RMB Morgan...
The Competition Commission has recommended that the Competition Tribunal prohibit JSE-listed Sun International’s proposed acquisition of Peermont Holdings. The commission said on October 28 that it...
Pick n Pay Stores said it will list its low-cost Boxer business on the Johannesburg bourse by the end of the year and that the South African grocer will raise as much as R8-billion in the process,...
Business Leadership South Africa CEO Busi Mavuso has noted that many of the challenges faced by the South African economy are shared by other nations. “One of the striking features of the B20...
The seventh administration aims to push rail as the “backbone of transport” in the country, with President Cyril Ramaphosa urging that rail lines transport at least 250-million tonnes of freight a...
A new matchmaking platform to directly link providers of grant funding pledged to South Africa’s Just Energy Transition Investment Plan (JET-IP) with domestic beneficiaries is aiming to ensure the...
Western Cape Minister of Agriculture, Economic Development and Tourism Dr Ivan Meyer has expressed concern about the slow progress being made at the Cape Town port in respect of a terminal...
As US election jitters hung over this week's meeting of global finance chiefs in Washington, a smiling Vladimir Putin was in the Russian city of Kazan welcoming leaders of countries which together...
South Africa's rand has further room to strengthen if the government in Pretoria pushes ahead with reforms and prudent policies, the country's central bank chief Lesetja Kganyago told Reuters. The...
The removal of the licensing threshold for embedded generation has boosted the renewable-energy market by allowing private-sector companies to procure energy directly from independent power...
Despite enthusiasm for the development of a hydrogen economy from the public and private sectors, there remains a significant lack of coordination to effectively implement projects and bring the...
Although mid-tier mining and materials company Afrimat recorded a year-on-year revenue increase of 44.3%, from R2.8-billion to R4.1-billion for the six months ended August 31, its operating profit...
South African Reserve Bank Governor Lesetja Kganyago said the nation’s inflation target was overdue for review and it should be adjusted lower. “South Africa’s inflation target is out of sync with...
South Africa’s disproportionate reliance on coal for electricity generation is poised to add further upward pressure on tariffs by exposing local businesses to carbon taxes that could make up over...
If hydrogen technology developer Mitochondria Energy CEO Mashudu Ramano had known beforehand how difficult it would be to find local suppliers for hydrogen fuel cell and electrolyser parts, he...
The South African Poultry Association (SAPA) announced on Thursday that it would submit an application that certain chicken products be zero-rated in terms of value added tax (VAT) – that is, that...
As government and the private sector work to accelerate reforms and improve efficiencies in the logistics sector, experts from a range of spheres have emphasised the importance of targeted...
Despite welcome relief from loadshedding in South Africa, a total of 3.3 GW of renewable-energy projects were registered with the National Energy Regulator of South Africa (Nersa) this year, with...
Leaders of the nations in the BRICS grouping, which accounts for 37% of global economic output, predicted its influence would grow as they met in Russia on Tuesday, outlining common projects...
The families of Frik Potgieter and Peter Huxham, the two South African engineers who have been illegally imprisoned in Equatorial Guinea since February 9, 2023, say they are "deeply grateful" to...
South Africa's inflation dropped sharply in September, hitting its lowest level in more than three years and bolstering expectations for another interest rate cut by the central bank next month....
South Africa’s inflation rate is expected to fall below 4% for the first time in more than three years in September, sealing the case for borrowing costs to be lowered again next month. The median...
There is potential to catalyse rapid industrialisation in Africa by pursuing policies that actively leverage both existing demand and continental moves towards trade integration to increase the...
Skipping industrialisation and transitioning directly to the services sector is one of the key reasons for Africa’s lacklustre economic growth, Institute for Security Studies founder and former...
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