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South Africa's rand was steady on Tuesday, as investor focus turned towards this week's budget speech and a meeting between President Cyril Ramaphosa and his US counterpart Donald Trump. At 0811...
Energy and chemicals group Sasol has announced a dramatic 70% cut to the capital expenditure (capex) budget associated with its greenhouse-gas emission reduction roadmap to 2030, while still...
The Department of Small Business Development (DSBD) is collaborating with the International Trade Centre (ITC) to host the first-ever Global Small- and Medium-sized Enterprise (SME) Ministerial...
South Africa's National Treasury will likely announce wider budget deficit forecasts on Wednesday as it struggles to find alternative sources of revenue in the absence of stronger economic growth,...
President Cyril Ramaphosa has designated Minister of Mineral and Petroleum Resources Gwede Mantashe as the Acting President of South Africa from May 18 to 22. Ramaphosa and Deputy President Paul...
Central banks in key African economies are getting set to line up with other emerging-markets in coming weeks and cut interest rates where inflation pressures are seen abating, or stay on guard...
The integrated transport sector is set to face some of the most stringent broad-based black economic empowerment (BBBEE) requirements in the country, following proposals unveiled by Integrated...
South Africa’s State-owned transport and logistics company, Transnet, will run out of money for operations and debt-servicing within three months unless it gets a government bailout, according to...
Primary steel producer ArcelorMittal South Africa (AMSA) has entered into a letter of amendment with the Industrial Development Corporation (IDC) to refer to the correct deferral period for the...
The head of South Africa’s second-biggest political party said talks about the nation’s revamped budget are “are going very, very well,” a signal that the coalition government is resolving...
The market for a pioneering solar-battery solution tailored to meet the needs of informal businesses such as spaza shops, salons, tailors, mechanics and restaurants operating in South Africa’s...
Clear, actionable policy frameworks are needed to enable sustained collaboration between governments and the private sector, economic cooperation organisation the Group of 20 (G20) business body...
South Africa’s deputy finance minister said next week’s national budget is set to secure approval from lawmakers, after two previous iterations were scrapped because of disagreements within the...
The rand surged to its strongest level against the dollar in two months and government bond yields fell after South Africa’s deputy finance minister said an announcement on the country’s...
Energy trader Discovery Green and fuels and chemical group Sasol have teamed up to form a new venture that will supply wheeled renewable electricity to small and medium-sized enterprises (SMEs)...
Licensed stock exchange A2X Markets, which provides a secondary listing venue for companies, has announced that UBS South Africa aims to start trading on its platform in the second quarter of this...
The improved trade conditions in the first two months of this year were extended into March, but retreated somewhat in April, the South African Chamber of Commerce and Industry (Sacci) says....
South African President Cyril Ramaphosa will travel to the United States on a working visit next week and will meet US President Donald Trump on May 21, Ramaphosa's office said in a statement late...
South Africa’s biggest parties are at odds over the governance of the country’s largest city, putting further strain on a tenuous national coalition. The Democratic Alliance (DA) governs the...
Following another year of robust growth, global sales of electric cars are on track to surpass 20-million this year, accounting for over a quarter of cars sold globally, according to the new...
The latest Global Business Services (GBS) quarterly Job Creation Report, compiled and released by the sector’s national representative body, Business Process Enabling South Africa (BPESA), shows...
Electricity and Energy Minister Dr Kgosientsho Ramokogopa has reaffirmed that deliberations at the National Economic Development and Labour Council (Nedlac) are the “last step left” ahead of...
Four of Europe’s main development finance institutions (DFIs) are jointly committing $80-million to pan-African private credit fund BluePeak Private Capital Fund II (BPCF II). The DFIs are British...
European renewable energy infrastructure company Greencoat Renewables is seeking a secondary listing on the JSE’s Alternative Exchange, or AltX. The company is already listed on the Alternative...
Statistics South Africa (Stats SA) has reported that the official unemployment rate stood at 32.9% for the first quarter of this year, compared with 31.9% for the fourth quarter of 2024, while the...
South African real estate investment trust (Reit) Redefine Properties has reported improved profitability in its financial results for the six months ended February 28. Overall, the Reit explained...
South Africa is taking steps to unify its currently fragmented digital initiatives, and modernise public service delivery, with the launch on Monday of the Roadmap on the Digital Transformation of...
The Department of Transport (DoT) has extended, to May 30, a deadline for responses to a request for information (RFI) on potential private sector participation (PSP) projects in the rail and port...
Following the receipt of regulatory approval, on Monday afternoon JSE-listed South African industrial conglomerate Barloworld issued a statement reporting that it had agreed that the deadline for...
The Government Business Partnership has agreed to what is being described as an “intensified phase” of delivery on the priority interventions vital to economic growth and job creation following a...
The real estate investment trust (Reit) sector in South Africa outperformed the country’s equity and bond sectors in April. While the Reits gained 6.9%, equities rose by 4.3% and bonds by 0.8%....
The Presidency has signed a memorandum of understanding (MoU) with the Mpumalanga Green Cluster Agency (MGCA) to cooperate on implementing a Just Transition portfolio for the province. The...
Business Leadership South Africa (BLSA) will, in the third quarter, launch a new online tool to track progress on all Operation Vulindlela policy reform areas. This comes after the launch last...
President Cyril Ramaphosa will this week attend the Africa CEO Forum in the Ivorian capital, Abidjan, to showcase South Africa’s potential as a premier investment and trade destination. Ramaphosa...
The southern African Kingdom of Eswatini plans to start a sovereign wealth fund of around 5-billion emalangeni ($275-million) this year to help channel money into areas including manufacturing and...
Engineering News editor Terence Creamer discusses the official launch of Phase 2 of Operation Vulindlela; the new reform priorities; the new areas of emphasis with the original Operation Vulindlela...
Paper and pulp manufacturer Sappi’s operating performance for the second quarter of its 2025 financial year fell short of expectations owing to challenging market conditions and issues that arose...
Manufacturing production decreased by 0.8% in March compared with March last year, with the largest negative contributions having been made by the petroleum, chemical products, rubber and plastic...
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