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Macro & Micro

Sappi's Ngodwana Mill
Sappi delivers improved quarterly performance across all segments
5th February 2025 By: Darren Parker

Although global macroeconomic conditions were unfavourable during the first quarter of paper manufacturer Sappi’s 2025 financial year, the company reported improved year-on-year profitability... 


Rand currency
South Africa business activity contracts again in January, PMI shows
5th February 2025 By: Reuters

South African private sector activity contracted sharply in January as output fell due to lower sales, a survey showed on Wednesday. The S&P Global South Africa Purchasing Managers' Index fell to... 


President Cyril Ramaphosa
CDE calls on Ramaphosa to show how GNU is enacting much-needed reforms
4th February 2025 By: Darren Parker

The Centre for Development and Enterprise (CDE) has urged President Cyril Ramaphosa to use the upcoming State of the Nation Address (SoNA) on February 6 to show how the Government of National Unity... 


Cape Herb & Spice grinders
Recalls announced on three Volvo models, Cape Herb & Spice products
4th February 2025 By: Marleny Arnoldi

The National Consumer Commission (NCC) has confirmed automaker Volvo Car South Africa is recalling the XC90 models made for sale on January 20, 2023, and October 29, 2024, as well as the XC40... 


Money being exchanged
Agri SA appreciates balanced approach to latest minimum wage increase of 4.4%
4th February 2025 By: Marleny Arnoldi

Industry body Agri SA has stated its appreciation for the National Minimum Wage Commission having strived to take a balanced approach in the latest national minimum wage increase of 4.4%, effective... 


Fuel station
Petrol price to increase by 82c, diesel by up to 105c
4th February 2025 By: Marleny Arnoldi

Mineral and Petroleum Resources Minister Gwede Mantashe has announced the adjustment of fuel prices, based on current local and international factors, effective February 5. Petrol 93 and 95... 


solar and wind energy
World Bank lifts South Africa GDP forecast on energy, logistics
4th February 2025 By: Bloomberg

The World Bank raised its economic-growth forecast for South Africa because of a sustained recovery in its energy and logistics sectors, while warning that the nation will struggle to achieve a... 


Port of Durban
South Africa’s energy and transport reforms could create 500 000 jobs – World Bank
4th February 2025 By: Terence Creamer

South Africa could increase its GDP growth by 1% in the short term and up to 3% in the medium term by addressing persistent energy and freight logistics constraints, the World Bank’s latest ‘South... 


Wine and grapes
South Africa Wine says ‘excessive’ new excise tax on alcohol will devastate wine value chain
3rd February 2025 By: Marleny Arnoldi

Industry body South Africa Wine has expressed serious concerns about the potential impact on the wine industry’s sustainability and competitiveness, in response to National Treasury’s proposed... 


SoNA can reinforce cooperation and reforms to achieve 3% growth – BLSA
3rd February 2025 By: Schalk Burger

President Cyril Ramaphosa can use his State of the Nation Address (SoNA), set to be delivered on February 6, to reinforce the fundamental commitment by different parties to find workable solutions... 


US President Donald Trump
Ramaphosa responds to Trump’s land-confiscation claims, says he looks forward to bilateral engagement
3rd February 2025 By: Terence Creamer

South Africa’s President Cyril Ramaphosa has issued a swift response to US President Donald Trump’s threat that aid from that country could be withdrawn, owing to his view that South Africa’s... 


US President Donald Trump
Trump to cut off funding for South Africa over expropriation act
3rd February 2025 By: Reuters

US President Donald Trump said on Sunday, without citing evidence, that "certain classes of people" in South Africa were being treated "very badly" and that he would cut off funding for the country... 


The Jwaneng diamond mine
Diamond-dependent Botswana needs economic reset, new leader says
3rd February 2025 By: Bloomberg

Botswana’s government will develop new industries, dismantle the State power utility to foster private investment and increase concessional borrowing as part of a plan to diversify the... 


EV charging station concept
African Dawn Investments forms partnership to roll out EV chargers, BESSs across South Africa
31st January 2025 By: Darren Parker

Finance company African Dawn Investments has entered into a strategic collaboration with Singapore company WaterCloud International and Chinese original-equipment manufacturer Beny New Energy to... 


The IMF logo
IMF projects South Africa’s GDP growth will reach 1.5% this year
31st January 2025 By: Darren Parker

The International Monetary Fund (IMF) expects South Africa’s yearly economic growth rate to reach 1.8% by 2030, supported in large part by ongoing electricity and logistics reforms. In the outcome... 


A generic image of a shpping cargo vessel
Port of Durban’s tugs berth world’s largest car carrier
31st January 2025

State-owned port and rail operator Transnet National Ports Authority (TNPA) has achieved a major milestone in its journey to recovery with the on-time and seamless berthing of the world’s largest... 


A generic image of lifting and rigging equipment
Firm highlights solutions for offshore projects
31st January 2025

Offshore projects are a key segment for engineering products and services provider BMG’s dedicated Tools & Equipment: Lifting and Rigging division, demanding specialist solutions for safe and... 


A general image of a shipping vessel and a harbour port
PPPs integral to reducing port inefficiencies
31st January 2025 By: Lumkile Nkomfe

Public–private partnerships (PPPs) are vital to reduce inefficiencies at South Africa’s port terminals and drive down operating costs so that businesses and consumers can benefit, highlights law... 


South African Reserve Bank
South Africa's key rate cut by 25 basis points as expected
30th January 2025 By: Reuters

South Africa's central bank cut its main lending rate by another 25 basis points to 7.50% as expected on Thursday, saying that while inflation appeared well-contained the medium-term outlook was... 


Lime tree
South Africa producer inflation at 0.7% y/y in December
30th January 2025 By: Reuters

South Africa's producer inflation was at 0.7% year on year in December versus -0.1% in November, statistics agency data showed on Thursday. The Producer Price Index was at 0.2% in month-on-month... 


Finance Minister Enoch Godongwana
Godongwana rebuffs Transnet debt-relief demand
30th January 2025 By: Bloomberg

Finance Minister Enoch Godongwana vowed to keep showing “tough love” toward the nation’s ailing State-owned enterprises, rebuffing calls for a bailout of Transnet. The African National Congress... 


Suiso and Wuhuan Engineering discussing plans
Suiso’s R31.5bn coal-to-fertiliser, methanol project passes BFS stage
30th January 2025 By: Darren Parker

The bankable feasibility study (BFS) for blue ammonia producer Suiso’s R31.5-billion coal-to-fertiliser and methanol project in Kriel, Mpumalanga, was completed earlier this month. The study was... 


Energy Webinar Speakers
South Africa moving in the right direction in transmission infrastructure rollout, but challenges remain
30th January 2025 By: Tasneem Bulbulia

South Africa’s grid transmission infrastructure is constrained, and it is critical that this be dealt with to support the country’s goal of increasing its energy supply and diversifying its energy... 


WBS head and director Professor Maurice Radebe and Services Seta acting CEO Andile Sipengane
Wits Business School partners with Services Seta
29th January 2025 By: Darren Parker

Wits Business School (WBS) has formalised its partnership with the Services Sector Education & Training Authority (Services Seta) at a special signing ceremony on January 28, furthering... 


Farming nursery in Musina
Better prospects ahead for South Africa’s agriculture sector, but risks remain
28th January 2025 By: Marleny Arnoldi

Following an estimated 4.8% output contraction in the agriculture sector in 2024, Bureau for Food and Agriculture Policy executive director and commodity markets manager Tracy Davids expects a... 


Consumer
Stats SA updates consumer inflation basket
28th January 2025 By: Reuters

South Africa's statistics agency has updated its consumer inflation basket for the first time since 2022, including items like rosé wine, air fryers and streaming services to reflect changes in... 


JUWI Renewable Energies MD Richard Doyle
JUWI building 340 MW of solar PV to supply South African corporates
28th January 2025 By: Terence Creamer

Leading global builder and operator of renewable-energy projects JUWI Renewable Energies has announced that it is building three utility scale solar PV projects in South Africa with a combined... 


Electricity lightbulb
Faith-based eco-justice organisation calls for reforms to SA’s electricity pricing
28th January 2025 By: Sashnee Moodley

As Eskom seeks approval from the National Energy Regulator of South Africa for a 36% electricity tariff increase, faith-based eco-justice organisation, the Southern African Faith Communities’... 


Defence and Military Veterans Minister Angie Motshekga
AfriForum asks Motshekga to investigate deaths of soldiers in DRC, share findings
28th January 2025 By: Creamer Media Reporter

Following the deaths of nine South African National Defence Force members in the eastern Democratic Republic of Congo, non-governmental organisation AfriForum wants Defence and Military Veterans... 


Discovery Green head Andre Nepgen
Discovery Green concludes five wheeling deals across the resources, property and hospitality sectors
28th January 2025 By: Terence Creamer

South African electricity trader Discovery Green has confirmed that it has signed supply agreements for wheeled electricity with five companies in the mining, property and hospitality sectors,... 


World Bank president Ajay Banga
World Bank’s Banga seeks $85bn to leverage Africa’s youth
28th January 2025 By: Bloomberg

World Bank president Ajay Banga said boosting access to electricity is the key to unlocking the demographic dividend in the world’s youngest continent. Banga, who spoke in an interview at the... 


Rwandan security officers escort members of the Armed Forces of the Democratic Republic of the Congo (FARDC), who surrendered in Goma, in the DRC
Congo rebels face some resistance in Goma, more peacekeepers killed
28th January 2025 By: Reuters

Gunfire rippled across east Congo's largest city Goma where Rwandan-backed M23 rebels still faced pockets of resistance from army and pro-government militias on Tuesday, while another four South... 


Prescient multi-asset portfolio head Rupert Hare
Prescient launches new domestic fund with R200m seed capital
27th January 2025 By: Darren Parker

Investment management company Prescient Investment Management has launched the Prescient Domestic Balanced Fund, seeded with an initial investment of R200-million. The fund has a number of unique... 


palladium
Underperforming BEV sales in Europe may benefit palladium demand
27th January 2025 By: Darren Parker

According to technology group Heraeus, last year saw modest growth in car sales within the EU, while the market share of battery electric vehicles (BEVs) declined. Heraeus reported on January 27... 


Impala Refineries in Springs on Gauteng's East Rand
Implats signs deal with Discovery Green for supply of wheeled electricity to Springs refinery
27th January 2025 By: Terence Creamer

JSE-listed Impala Platinum (Implats) has signed a five-year power purchase agreement (PPA) with Discovery Green for the supply of wheeled renewable electricity to its refinery operations in... 


Minister of Trade, Industry and Competition Parks Tau
Parks Tau says no new tax planned for black-owned firms fund
27th January 2025 By: Bloomberg

South Africa is still discussing whether to set up a new fund to promote Black-owned businesses, and suggestions that new taxes will be imposed to capitalise it are unfounded, the nation’s trade... 


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