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Macro & Micro

South Africa considering export taxes and quotas to revive ferroalloy smelters – Mantashe
South Africa considering export taxes and quotas to revive ferroalloy smelters – Mantashe
25th March 2025 By: Terence Creamer

Mineral and Petroleum Resources Minister Gwede Mantashe reports that discussions are under way within government and with manganese and chrome producers in an effort to halt the decline in domestic... 


Image of Dr Leon Schreiber
Schreiber touts digital transformation at launch of border anti-corruption forum
25th March 2025 By: Thabi Shomolekae

Home Affairs Minister Dr Leon Schreiber on Tuesday called technology “our greatest ally” in the fight against fraud and corruption, as he addressed the launch of the Border Management and... 


Consumer
South African consumer mood slumps on tax hike, fraying US ties
25th March 2025 By: Bloomberg

South African consumer confidence plunged to the lowest level in almost two years, as worries about higher taxes and the country’s deteriorating relations with the US weighed on sentiment. A... 


Transport Minister Barbara Creecy
Creecy moves to test private sector appetite for rail and port partnerships
23rd March 2025 By: Terence Creamer

Transport Minister Barbara Creecy has launched an online request for information (RFI) process to test market appetite for potential private sector participation (PSP) investments in selected rail... 


SARB
South African central bank keeps key rate steady
20th March 2025 By: Bloomberg

South Africa's central bank kept its main lending rate steady at 7.50% on Thursday, saying that a cautious policy approach was needed given global and domestic uncertainties. The decision was in... 


Trade, Industry and Competition Minister Parks Tau
Comment sought on proposed R100bn Transformation Fund to support black-owned firms
20th March 2025 By: Terence Creamer

Trade, Industry and Competition Minister Parks Tau has released draft details of a plan to establish a new R100-billion Transformation Fund, which will aggregate private, public and developmental... 


SARB Governor Lesetja Kganyago
South Africa set to alter course on rates until ‘dust settles’: Day Guide
20th March 2025 By: Bloomberg

The South African Reserve Bank (SARB) is set to look past a smaller-than-expected rise in prices last month and keep borrowing costs unchanged while it assesses the impact that US President Donald... 


A steel plant operated by AMSA
South Africa, facing mill closures, begins steel tariff review
20th March 2025 By: Bloomberg

South Africa, facing the prospect of ArcelorMittal South Africa (AMSA) closing two steel mills crucial to the local manufacturing industry, has begun a review of import tariffs on the metals and is... 


Shoppers
South Africa consumer inflation at 3.2% y/y in February
19th March 2025 By: Reuters

South Africa's headline consumer inflation remained at 3.2% year on year in February, unchanged from the month before, data from the statistics agency showed on Wednesday. In month-on-month terms... 


Peter Huxham and Frik Potgieter
Families call on govt to continue efforts to free Potgieter, Huxham ahead of Human Rights Day
19th March 2025 By: Creamer Media Reporter

As South Africa marks Human Rights Day on March 21, the families of Frik Potgieter and Peter Huxham are calling on the South African government to continue diplomatic efforts to secure the men’s... 


Speakers who participated in a webinar about net-zero targets
Net-zero strategies cannot succeed without breaking down silos – consultant
19th March 2025 By: Darren Parker

It is important for any company starting its journey towards net-zero or even-zero emissions to understand that, for a sustainability strategy to hold any water, the business needs to break down... 


One of AMSA's mills
AMSA, govt near funding deal for stricken mills
19th March 2025 By: Bloomberg

South Africa is nearing a deal to provide funding to ArcelorMittal South Africa (AMSA) and keep the steel mills open, which are crucial for the nation’s economy, people with knowledge of the matter... 


New Scania assembly plant to benefit local transport, logistics sectors
New Scania assembly plant to benefit local transport, logistics sectors
19th March 2025

Automotive manufacturer Scania Southern Africa has opened a new assembly plant in Aeroton, south of Johannesburg – which will produce between 3 200 and 3 600 units a year. Trent Roebeck has the story. 


Public Works and Infrastructure Minister Dean Macpherson
Cesa, Macpherson reflect on public works progress and imperatives
18th March 2025 By: Marleny Arnoldi

In the spirit of “engineering the future we want” Consulting Engineers South Africa (Cesa) president David Leukes opened this year’s Cesa Infrastructure Indaba by emphasising the importance of... 


Midtier sub-Saharan Africa markets could see slight growth uptick in 2025
18th March 2025 By: Schalk Burger

Most midtier markets in sub-Saharan Africa are expected to see a slight uptick in their growth rates this year, economic and financial research company BMI sub-Saharan Africa country risk senior... 


AMSA steel production plant
Commentators warn AMSA bailout will fail without industrial policy overhaul
18th March 2025 By: Darren Parker

Steel producer ArcelorMittal South Africa’s (AMSA’s) purported petition to government for R3.1-billion to bail out its struggling long-steel operations would be a waste of money, unless accompanied... 


Finance Minister Enoch Godongwana
Moody's expects South Africa's coalition government to reach budget compromise
18th March 2025 By: Reuters

Ratings agency Moody's expects South Africa's coalition government to reach a compromise that allows the country's deadlocked budget to pass with its focus on fiscal consolidation intact. "Our... 


A rendering of the Du Plessis Dam Solar PV2 facility
75 MW Northern Cape solar project to be built on back of innovative ‘aggregator model’
18th March 2025 By: Terence Creamer

A 75 MW solar PV project being developed near De Aar in the Northern Cape to supply an energy aggregator has advanced to financial close. The Du Plessis Dam Solar PV2 facility is being built by... 


A view of the Pretoria skyline
South Africa’s biggest political parties seek Budget compromise by April
18th March 2025 By: Bloomberg

South Africa’s two biggest political parties are holding a series of talks to resolve an impasse over the national budget that poses the biggest threat yet to the stability of the country’s ruling... 


South African rand notes
BER survey respondents expect headline consumer inflation of 4.3% this year
17th March 2025 By: Marleny Arnoldi

Research company Bureau for Economic Research (BER) finds in its latest Inflation Expectations Survey for the first quarter of the year that respondents expect headline consumer inflation this year... 


Eskom’s aggregated tariffs increased by 190% since 2014
Electricity demand fell again last year amid rapid growth of solar installations
17th March 2025 By: Terence Creamer

Demand for electricity in South Africa continued to trend down in 2024, a new Council for Scientific and Industrial Research (CSIR) report confirms. It shows that peak demand was a per cent lower... 


Spier wine farm
Index reflects positive sentiment amid La Niña rains, better macroeconomics
17th March 2025 By: Marleny Arnoldi

The Agribusiness Confidence Index (ACI) increased by 11 points from the fourth quarter last year to 70 in the first quarter of this year. The index, which is compiled by Agricultural Business... 


Image of Cyril Ramaphosa
SA, EU summit reaffirms unwavering commitment to multilateralism – Ramaphosa
17th March 2025 By: Thabi Shomolekae

President Cyril Ramaphosa noted on Monday that while South Africa and the EU are expanding their traditional areas of cooperation, they are now focused on working together to develop the industries... 


A map showing upcoming repo rate decisions in various countries
Trump’s trade salvos test nerves of central bankers
17th March 2025 By: Bloomberg

An anxious sense of wait-and-see may emerge from central banks in the coming week, in their first collective assessment of how President Donald Trump’s trade policies are impacting the world... 


US Secretary of State Marco Rubio
US expels South Africa's ambassador, calling him 'race-baiting' Trump hater
17th March 2025 By: Reuters

The US is expelling South Africa's ambassador, Secretary of State Marco Rubio said, calling the envoy a "race-baiting politician" who hates President Donald Trump. Ties have slumped since Trump cut... 


Ambassador of South Africa to the US Ebrahim Rasool
South Africa attempting to take nuanced line in navigating US relations
14th March 2025 By: Schalk Burger

There has been a deluge of more than 100 executive decisions taken by US President Donald Trump following his re-election in November, including the imposition of import tariffs on traditionally... 


Shipping containers
Sacci finds trade conditions improved in Feb but not enough to create more jobs
14th March 2025 By: Marleny Arnoldi

The South African Chamber of Commerce and Industry (Sacci) finds in its latest Trade Conditions Survey for February that respondents are positive following the “best conditions since the middle of... 


Finance Minister Enoch Godongwana
Fitch thinks S Africa will struggle to stabilise debt as projected in budget
14th March 2025 By: Reuters

Fitch ratings agency said on Friday that it thought South Africa's government would struggle to stabilise debt as projected in this week's revised budget. "South Africa's 2025 budget, unveiled on... 


An image of Lucinde Rhoodie
Firm addresses legal, export risks attributed to bud rot spread
14th March 2025 By: Lumkile Nkomfe

The potential spread of phytophtora palmovira (bud rot) from infested areas through host material to other areas may negatively affect South Africa’s domestic and international trade, says law firm... 


President Cyril Ramaphosa and European Commission President Ursula von der Leyen
EU announces €4.7bn investment package for South Africa
13th March 2025 By: Reuters

EU leaders announced a €4.7-billion investment package during a visit to South Africa on Thursday, at a time when both are on worse terms with the United States than they have been for decades. The... 


Deputy President Paul Mashatile
Mashatile assures business of govt commitment to land reform, US relations, GNU
13th March 2025 By: Sashnee Moodley

Deputy President Paul Mashatile on Thursday addressed the BizNews Conference, in the Western Cape, where he gave government assurance on investment-linked policies to business leaders in... 


Tabled Budget still facing some opposition
Tabled Budget still facing some opposition
13th March 2025 By: Creamer Media Reporter

Engineering News editor Terence Creamer discusses Finance Minister Enoch Godongwana's tabling of his much-anticipated Budget after the unprecedented postponement on February 19; how the March 12... 


NUM member wearing t-shirt
NUM worried about ‘possible bloodbath of job losses’ on multiple fronts
12th March 2025 By: Darren Parker

The National Union of Mineworkers (NUM) is worried about a “possible bloodbath of job losses” across multiple sectors, including steel, transportation, ferrochrome and mining, on the back of... 


Finance Minister Enoch Godongwana
Lower VAT hikes in delayed Budget not enough to secure full GNU backing
12th March 2025 By: Terence Creamer

Finance Minister Enoch Godongwana tabled his delayed Budget on Wednesday that included lower, yet still controversial, increases to the value-added tax (VAT) rate, as he sought to hold the... 


Enoch godongwana with GNU logo and money
Budget needs to reduce policy, economic uncertainty, Busa says
12th March 2025 By: Darren Parker

After its unexpected postponement owing to disagreements between the partners in the Government of National Unity (GNU) last month, the 2025 Budget needs to reduce the policy and economic... 


Blast furnace steel production
A global steel war heats up with Trump’s latest tariff offensive
12th March 2025 By: Bloomberg

President Donald Trump is unleashing sweeping import tariffs that he says will reverse the decline of America’s steel towns. But the US isn’t the only nation rushing to protect its factory... 


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