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Macro & Micro

AfCFTA Secretariat secretary-general Wamkele Mene
If South Africa is expelled from Agoa, it should look to Chinese, African markets, Mene says
28th February 2025 By: Darren Parker

South Africa’s expected expulsion from the African Growth and Opportunity Act (Agoa) need not be a death sentence to the country’s export prospects, African Continental Free Trade Area (AfCFTA)... 


World Bank senior MD Axel van Trotsenburg
New World Bank report proposes four priorities for accelerating South Africa’s growth
28th February 2025 By: Terence Creamer

A new World Bank report argues that South Africa can raise growth and employment by pursuing four priorities aimed primarily at stimulating market competition and bolstering the efficiency of... 


AMSA to proceed with closure of longs unit after talks with govt fail to yield solution
AMSA to proceed with closure of longs unit after talks with govt fail to yield solution
28th February 2025 By: Terence Creamer

Steel group ArcelorMittal South Africa (AMSA) has confirmed that it will proceed with the wind down of its longs business after talks with government failed to yield the “timely solutions required”... 


Delegate walking in front of G20 signage
G20 finance meeting ends without consensus or communique
28th February 2025 By: Reuters

South Africa voiced dismay on Thursday that Group of 20 talks it hosted on global economic issues ended without consensus, after top officials from several countries skipped it and delegates... 


Metals and engineering industry taking strain
Metals and engineering industry taking strain
28th February 2025 By: Creamer Media Reporter

Engineering News editor Terence Creamer discusses the challenges facing the South African metals and engineering sector, as highlighted in a new report by the Steel and Engineering Industries... 


An image of Johann Viljoen
Equipment selection key to project efficiency
28th February 2025

Selecting the correct excavator hammers can enhance operational efficiency within demolition, construction and mining projects, says construction equipment distributor Develon SA, adding that its... 


KfW approves R2.8bn Just Energy Transition Partnership concessional loan for Cape Town
KfW approves R2.8bn Just Energy Transition Partnership concessional loan for Cape Town
27th February 2025 By: Terence Creamer

German development bank KfW has approved a R2.8-billion concessional loan for the City of Cape Town, which will use the funding to strengthen its electricity infrastructure and integrate... 


Seifsa COO Tafadzwa Chibanguza
Frail cyclical metals and engineering trends may ‘turn structural’ unless domestic demand revives
27th February 2025 By: Terence Creamer

The Steel and Engineering Industries Federation of Southern Africa (Seifsa) is warning that absent a sustained recovery in domestic demand there is a risk that South Africa’s persistently weak... 


Proposed rapid rail extensions
Gauteng invites public comment on proposed rapid rail extensions that feature Soweto, Cosmo City
27th February 2025 By: Darren Parker

Members of the public have been invited to review and submit written comments on proposed route extensions detailed in the ‘Draft Route Determination Report for the Soweto Extension and Cosmo City... 


President Cyril Ramaphosa
South Africa seeks ‘meaningful deal’ with US amid strained ties
27th February 2025 By: Bloomberg

South Africa wants to reach a broad-ranging agreement with the US on diplomacy and trade amid strained ties between the two nations, President Cyril Ramaphosa said. A dispute over Pretoria’s land... 


James Mackay
Opinion: If reforms and investment are not accelerated, South Africa risks a renewed electricity crisis by 2028
26th February 2025

In this opinion article, Energy Council of South Africa CEO James Mackay argues that the recent shock return of Stage 6 loadshedding does not signal a return to the dark days of 2023. However, he... 


Solar PV plant
Investment value of private projects registered with Nersa climbs to above R200bn
26th February 2025 By: Terence Creamer

The National Energy Regulator of South Africa (Nersa) reports that it registered a further 143 renewables generation facilities with a combined capacity of 1 107 MW and an investment value of more... 


G20 signage and country flags at the CTICC
Absences and disputes mar G20 finance chiefs' talks
26th February 2025 By: Reuters

A number of finance ministers skipped a gathering of the Group of 20 top economies in South Africa on Wednesday, and other top officials curtailed trips to a meeting marred by disputes over the... 


consumer
South Africa's inflation rises less than expected in January
26th February 2025 By: Reuters

South African inflation edged up in January in the first release since the statistics agency updated its consumer price basket, but the headline rate remains near the bottom of the central bank's... 


President Cyril Ramaphosa
Erosion of multilateralism a threat to global growth, stability – Ramaphosa
26th February 2025 By: Sashnee Moodley

“At this time of global uncertainty and escalating tension, it is now more important than ever that the members of the G20 work together.” This was the message President Cyril Ramaphosa had on... 


Electricity and Energy Minister Dr Kgosientsho Ramokgopa
G20 energy work group set to meet amid divergence over just energy transition
25th February 2025 By: Terence Creamer

The G20 Energy Transition Work Group will have its inaugural meeting this week to discuss the energy priorities that South Africa is seeking to place on the international agenda during its G20... 


Reserve Bank Governor Lesetja Kganyago
Reserve Bank governor says trade and tax policies pose inflation risks
25th February 2025 By: Reuters

Global trade tensions and a potential value-added tax hike in South Africa could derail two years of slowing inflation, the country's central bank governor said on Tuesday. Speaking on the... 


Finance Minister Enoch Godongwana
South Africa moots wealth tax in Budget discussions – Reports
25th February 2025 By: Bloomberg

South African cabinet considered a proposal to introduce a wealth tax when it discussed amendments to last week’s postponed budget, Business Day reported, citing officials it didn’t identify. The... 


The Secunda complex
Sasol cuts emissions-reduction capex as it confirms rejigged plan
24th February 2025 By: Terence Creamer

JSE-listed Sasol has confirmed significant changes to its emission reduction roadmap (ERR), while also announcing material reductions to its capital expenditure requirements for implementing the... 


Chickens
SAPA warns against looming outbreaks of bird flu as vaccination still lags
24th February 2025 By: Marleny Arnoldi

The South African Poultry Association (SAPA) has expressed concern over another potential widespread Highly Pathogenic Avian Influenza (HPAI) outbreak in South Africa, since the virus typically... 


Sasol CEO Simon Baloyi
Repurposed Twistdraai destoning plant key to Sasol’s plan for recovering Secunda’s output
24th February 2025 By: Terence Creamer

Energy and chemicals group Sasol is repurposing its Twistdraai export coal plant as a destoning operation to improve the quality of coal being used in its Secunda gasifiers, in Mpumalanga, where it... 


G20 South Africa logo
AgriSA to discuss trade matters, sustainability support at B20
24th February 2025 By: Marleny Arnoldi

Industry body AgriSA has announced that it will partake in the Business 20 (B20) South Africa Summit on February 24 and 25, in Cape Town. The event, which will connect the business community with... 


FATF logo on display at a conference
South Africa progressing efforts to get off the FATF greylist
24th February 2025 By: Schalk Burger

Intergovernmental organisation the Financial Action Task Force (FATF), on February 21, upgraded four of the six outstanding action items South Africa must undertake to be considered for delisting... 


Nedbank chief economist Nicky Weimar
A department of govt efficiency would not be a bad idea for South Africa, Weimar suggests
21st February 2025 By: Darren Parker

Following the unprecedented Budget speech debacle that played out on February 19, Nedbank chief economist Nicky Weimar has advocated for creative and ruthless cutting of wasteful government... 


The green economy is real and offers real opportunities for Africa
21st February 2025 By: Rebecca Campbell

“You see the whole world focused on climate, and focusing on Africa,” highlighted Sanlam Investments CEO Carl Roothman in his address on the second day of Africa’s Green Economy Summit (AGES) 2025,... 


Image of Senzo Mchunu
9.8% drop in murder cases, but Saps to reassess policing in hotspots
21st February 2025 By: Thabi Shomolekae

Police Minister Senzo Mchunu announced on Friday that the South African Police Service has dedicated next week Thursday to reviewing policing in high murder zones, while he observed an overall... 


Small business selling tyres
Sacci, Absa partner on new SME index
21st February 2025 By: Marleny Arnoldi

In addition to its existing indices that provide information on South Africa’s business landscape, the South African Chamber of Commerce and Industry (Sacci) and Absa have announced a new index... 


Cabinet faced with trade-offs in new Budget
Cabinet faced with trade-offs in new Budget
21st February 2025 By: Creamer Media Reporter

Engineering News editor Terence Creamer discusses what led to Finance Minister Enoch Godongwana being unable to deliver what was meant to have been the first Budget since the formation of the... 


European Commission VP Kaja Kallas & International Relations and Cooperation Minister Ronald Lamola
EU bolsters ties with South Africa amid tensions with Trump
21st February 2025 By: Bloomberg

The European Union and South Africa are forging closer ties after previous disagreements led to a frosty relationship, the bloc’s top diplomat said. The rapprochement comes as US President Donald... 


UN Development Programme resident representative in South Africa and director of the Africa Sustainable Development Hub Maxwell Gomera
Africa could be a world leader in the green economy – if it makes the right decisions
20th February 2025 By: Rebecca Campbell

Sustainability was not just an environmental need, it was an economic necessity. So asserted UN Development Programme resident representative in South Africa and director of the Africa Sustainable... 


AfDB Climate Change and Green Growth Department director Anthony Nyong
Although global challenges exist, Africa has great opportunities in meeting climate change 
20th February 2025 By: Rebecca Campbell

Although the world is today facing critical challenges, there are great opportunities for Africa to be a leader in countering climate change. So affirmed Côte d’Ivoire-based African Development... 


Business associations, trade unions welcome budget postponement but voice concern over perceived instability
20th February 2025 By: Darren Parker

The failure of the Government of National Unity (GNU) to resolve its differences over the budget is disappointing and negative for business sentiment, but it does show that the parties of the GNU... 


aluminium ingots
Hulamin says new 25% US tariff on aluminium imports likely to improve its competitiveness
20th February 2025 By: Darren Parker

JSE-listed aluminium producer Hulamin says the 25% duty on aluminium imports into the US will have no impact on its competitive position in the US market as all its competitors will be subject to... 


woman making clothes
Govt to spend R18.4bn over next three years through various dtic incentive programmes
20th February 2025 By: Darren Parker

NTo enhance productivity, competitiveness and the green economy, government will spend R18.4-billion over the medium term to support businesses through various incentive programmes under the... 


US Secretary of State Marco Rubio
US snub to South Africa’s G20 may be a gift to Brics nations
20th February 2025 By: Bloomberg

South Africa President Cyril Ramaphosa’s priority as Group of 20 president is overhauling the global institutions he sees as skewed in favour of the West. Donald Trump might just have beaten him to... 


Transmission lines
Carbon tax electricity price neutrality extended to end 2030
20th February 2025 By: Terence Creamer

As anticipated, the 2025 Budget offered fresh guidance on South Africa’s approach to carbon taxes, including confirmation of government’s decision to extend the commitment to electricity price... 


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