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Macro & Micro

property in Cape Town
South African Reit sector shows recovery in February
11th March 2025 By: Darren Parker

South Africa's real estate investment trust (Reit) sector showed a recovery in February, rebounding by 1.2% after price declines seen in January. This positive return outpaced the broader equity... 


President Cyril Ramaphosa
Ramaphosa insists South Africa will send envoys to ‘transactional’ US once offer is crafted
11th March 2025 By: Terence Creamer

President Cyril Ramaphosa insists that his government intends following through on sending envoys to the US as announced during his State of the Nation Address but that it will do so once it has... 


IMF logo
IMF suggests continued reform, public wage adjustments can accelerate GDP growth
11th March 2025 By: Marleny Arnoldi

If South Africa continues to implement structural reforms in the electricity and logistics sectors, as well as in respect of business enablement, the economy could reach a 3% GDP growth rate, says... 


Agricultural exports were stagnant in the fourth quarter, but remained important
11th March 2025 By: Rebecca Campbell

Agriculture accounted for nearly 20% of South Africa’s exports during the fourth quarter of last year, the Bureau for Food and Agricultural Policy (BFAP) thinktank has highlighted, in its latest... 


waterfall city
Attacq delivers strong half-year results on the back of Waterfall City success
11th March 2025 By: Darren Parker

JSE-listed real estate investment trust (Reit) Attacq, a strategic development partner of Waterfall City in Midrand, Gauteng, has announced a strong set of financial results for the six months... 


The Pretoria skyline
JPMorgan downgrades South African equities on economic slowdown concerns
11th March 2025 By: Reuters

JP Morgan on Tuesday downgraded South African equities to "neutral" from "overweight," citing concerns over an economic slowdown and the effectiveness of the country's policy reforms. "While South... 


PCC deputy chairperson Dr Crispian Olver
Presidential Climate Commission calls for recommitment to global efforts on climate action
10th March 2025 By: Darren Parker

The Presidential Climate Commission (PCC) has called for a recommitment to global efforts on climate action at its seventeenth ordinary quarterly meeting on March 7. The meeting was convened to... 


National Treasury logo
Treasury opens first window of applications for public sector megaproject financing
10th March 2025 By: Marleny Arnoldi

National Treasury has invited national, provincial and municipal spheres of government, as well as public entities, to apply for funding under the Budget Facility for Infrastructure (BFI) that was... 


Leon Schreiber
Schreiber wants full digital ID system by 2029 elections
10th March 2025 By: Thabi Shomolekae

Home Affairs Minister Leon Schreiber has said that digital transformation requires more than just technology, noting that by the time of the next national and provincial elections in 2029, the... 


CAT-branded equipment
Saudi’s Zahid to reopen talks with Barloworld’s shareholders
10th March 2025 By: Bloomberg

Saudi Arabia’s Zahid Group will start fresh negotiations with the shareholders of South Africa’s Barloworld, after an initial acquisition offer was rejected. The consortium led by Zahid will seek... 


BLSA CEO Busisiwe Mavuso
Upcoming Budget speech has to grapple with rapidly changing geopolitical context, Mavuso says
10th March 2025 By: Darren Parker

Rapid changes in global geopolitics mean that this week’s Budget speech will takes place in an entirely different context, Business Leadership South Africa CEO Busisiwe Mavuso said in her weekly... 


AFC CEO Samaila Zubairu
AFC chief pushes to unlock billions from African pension funds
10th March 2025 By: Reuters

The Africa Finance Corporation (AFC) said it is accelerating efforts to mobilise the continent's money for investments and tapping investors in the Middle East and Asia, as developing nations... 


Person putting on a face mask
Five years on, the economic impact of Covid-19 lingers
9th March 2025 By: Reuters

Five years after the World Health Organization first described the Covid-19 coronavirus outbreak as a pandemic, its effects are still being felt on the global economy. Covid-19 and efforts to... 


The Koeberg nuclear power station
Eskom implements Stage 3 loadshedding after losing Koeberg unit again
7th March 2025 By: Terence Creamer

Eskom again resorted to Stage 3 loadshedding on Friday, after a loss of 2 700 MW in 14 hours, including Koeberg Unit 2, which was taken offline on March 2 and was meant to have been returned to... 


US Treasury Secretary Scott Bessent
US Treasury's Bessent outlines plans to reshape global trade, ease bank regulations
6th March 2025 By: Reuters

US Treasury Secretary Scott Bessent on Thursday laid out the Trump administration's ambitions to reshape international trade relations withtariffs, roll back financial regulations on American... 


President Cyril Ramaphosa
Microsoft announces a further R5.4bn investment in South Africa
6th March 2025 By: Schalk Burger

Information technology and software company Microsoft has announced that it will invest a further R5.4-billion to build out more data centre infrastructure in South Africa. This is in addition to... 


Glass fibre reinforced polymer rebar
We do not want to compete with steel, we want to replace it, GFRP Tech CEO says at facility launch
6th March 2025 By: Darren Parker

Structural reinforcement materials manufacturer GFRP Tech has opened a new research and development (R&D) and manufacturing facility in Linbro Park, Sandton. The facility – the result of... 


Food inflation now has a heavier weighting in the calculation of South African CPI inflation
6th March 2025 By: Rebecca Campbell

In January, Statistics South Africa (Stats SA) increased the weight of food and non-alcoholic beverage (NAB) prices in the calculation of the country’s Consumer Price Index (CPI) inflation, the... 


UK funds Energy Council of South Africa study into wholesale electricity market reform
UK funds Energy Council of South Africa study into wholesale electricity market reform
6th March 2025 By: Terence Creamer

The UK has approved £330 000 in funding to facilitate a study by the Energy Council of South Africa into the reforms still needed to implement a wholesale electricity market in South Africa. The... 


A cup of sugar
South African food inflation slowed in January
6th March 2025 By: Rebecca Campbell

South African food and non-alcoholic beverage (NAB) inflation (hereafter to be referred to simply as food inflation, for short) in January remained, for the eleventh consecutive month, below the... 


Shipping containers at port
South Africa's current account deficit shrinks more than expected
6th March 2025 By: Bloomberg

South Africa’s current account deficit shrank by more than expected in the fourth quarter, aided by an improvement in the trade surplus. The gap on the current account – the broadest measure of... 


President Cyril Ramaphosa
Ramaphosa notes Gauteng’s pivotal role, as he undertakes service delivery oversight engagement
6th March 2025 By: Sashnee Moodley

Following oversight visits to Mpumalanga, KwaZulu-Natal and Limpopo, President Cyril Ramaphosa on Thursday met with the Johannesburg Metro Council, as part of the seventh administration’s priority... 


South Africa confirms US withdrawal of $1.5bn Just Energy Transition Partnership pledge
South Africa confirms US withdrawal of $1.5bn Just Energy Transition Partnership pledge
6th March 2025 By: Terence Creamer

The Presidency has confirmed that it has been formally informed that the US has withdrawn from the Just Energy Transition Partnership (JETP), to which it had initially pledged more than... 


Public Works and Infrastructure Minister Dean Macpherson
DPWI making progress despite challenges, Macpherson says
5th March 2025 By: Darren Parker

Although the Department of Public Works and Infrastructure (DPWI) continues to face numerous challenges, Public Works and Infrastructure Minister Dean Macpherson has noted that there are visible... 


Cape Town moves to open electricity grid to traders after pilot
Cape Town moves to open electricity grid to traders after pilot
5th March 2025 By: Terence Creamer

After the conclusion of a year-long electricity ‘wheeling’ pilot project, the City of Cape Town is opening its electricity grid to private electricity sales and trading. During the pilot phase, 562... 


R40bn Eastern Cape green energy cluster expected to reach financial close in 2027
R40bn Eastern Cape green energy cluster expected to reach financial close in 2027
5th March 2025 By: Terence Creamer

Emerging electricity retail brand Earth & Wire is aiming to achieve financial close on a R40-billion renewables and storage cluster in the Eastern Cape by the third quarter of 2027 and begin... 


IMF MD Kristalina Georgieva
Trade no longer driving growth as in past, IMF’s Georgieva says
5th March 2025 By: Bloomberg

Trade is no longer driving global economic growth to the same extent as in the past and policy changes from the new US administration are triggering responses from other nations, according to... 


The Johannesburg CBD
South Africa's business downturn eases in February, S&P PMI shows
5th March 2025 By: Reuters

Business activity in South Africa continued to weaken in February, but the pace of contraction slowed compared with the start of the year, a survey showed on Wednesday. The S&P Global South Africa... 


Solar panels
International upheavals will affect Africa’s energy development and needs a joint response
4th March 2025 By: Rebecca Campbell

The world, including Africa, is facing a major international political event of “seismic proportions”, South African Electricity and Energy Minister Dr Kgosientsho Ramokgopa highlighted in his... 


Construction Sector Charter Council executive member Gregory Mofokeng
We want more investment but we will not relax BBBEE, Construction Sector Charter Council says
4th March 2025 By: Darren Parker

In response to the World Bank’s recent recommendation that South Africa relax its increasingly stringent and highly prescriptive broad-based black economic empowerment (BBBEE) laws to attract... 


Two-rand coin with South African flag
GDP recovering slowly and unevenly, but ‘it is a start’
4th March 2025 By: Marleny Arnoldi

Statistics South Africa has reported that GDP increased by 0.6% in the fourth quarter of last year, following a contraction of 0.1% in the third quarter. GDP for the full 2024 also grew by 0.6%.... 


A farm in the Eastern Cape
South Africa's GDP grew by 0.6% in the fourth quarter
4th March 2025 By: Creamer Media Reporter

South Africa’s GDP increased by 0.6% in the fourth quarter of 2024, following a decrease of 0.1% in the third quarter of the year. The agriculture, forestry and fishing industry increased by 17.2%,... 


Springs Mall
Consumer boost likely saved South African economy from recession
4th March 2025 By: Bloomberg

South Africa probably avoided a recession last year, saved by strong consumer demand in the fourth quarter as the key mining and manufacturing sectors continued to struggle. “Industry is basically... 


President Cyril Ramaphosa at a previous South Africa Investment Conference
Ramaphosa to make address at Microsoft’s AI investment announcement
3rd March 2025 By: Terence Creamer

President Cyril Ramaphosa will deliver the keynote address at the Microsoft South Africa investment announcement in Johannesburg on March 6. The Presidency said the investment would enhance South... 


ANC economic transformation committee head Zuko Godlimpi
ANC appoints new economic policy chief
3rd March 2025 By: Bloomberg

The African National Congress has appointed Zuko Godlimpi as head of its economic transformation committee in an overhaul of its internal structures. The youngest member of the ANC’s top... 


BLSA CEO Busisiwe Mavuso
Dichotomy between G20 diplomacy opportunities and strained geopolitical relations
3rd March 2025 By: Darren Parker

Business Leadership South Africa (BLSA) CEO Busisiwe Mavuso has noted the dichotomy between the prestige that comes with South Africa hosting the Group of 20 (G20) summit in 2025 and the... 


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