South Africa’s household wealth rose in the second quarter as an increase in the market value of their assets outstripped that of their liabilities — in part due to a strong stock market rally, the... 

South Africa recorded foreign direct investment inflows of R16.6-billion in the second quarter of 2024, down from R24.4-billion rand in the first quarter, central bank data showed on Thursday. The... 

Diversified industrial company Barloworld has reported a 7.4% decline in group revenue from R40.4-billion to R37.4-billion for the 11 months ended August 31, compared with the same period last... 

Following a meeting between Public Works and Infrastructure Minister Dean Macpherson and the Auditor-General of South Africa (AGSA) on September 25, the two parties have committed to working... 

Infrastructure financier Africa Finance Corporation (AFC) has signed concession agreements with the governments of Angola and Zambia for the financing, construction, ownership and operation of the... 

The Industrial Gas Users Association of Southern Africa (IGUA-SA) has welcomed the attention that South Africa’s impending “gas cliff” is finally enjoying from government through Electricity and... 

After having slipped to 44 in the second quarter of this year, the FNB/Bureau for Economic Research (BER) Civil Confidence Index reached an eight-year high of 50 in the third quarter. According to... 

World leaders on Tuesday called for far more investment in renewable energy to tackle climate change, with developing nations saying they need financial support to make the transition. Speaking at... 

The next round of Nationally Determined Contributions (NDCs) will be a critical test for the implementation of the COP28 pledge, made by nearly 200 countries in the United Arab Emirates last year,... 

The formation of South Africa’s business-friendly coalition government has triggered a wave of investment announcements and positive sentiment not seen in years, spurring hope that Africa’s biggest... 

South Africa’s first interest-rate cut since 2020 quickly divided economists over how much further it will go after making a cautious 25 basis point start to the easing cycle, despite the Federal... 

The CEO of the South African Aerospace, Maritime and Defence Industries association, Sandile Ndlovu, has called for the use of public-private partnerships (PPPs) to help fund defence projects in... 

The South African rand softened in early trade on Friday, cooling off after strong gains in a week that saw interest rate cuts by both the US Federal Reserve and the South African Reserve Bank... 

South Africa’s National Treasury said its “pool of skilled and competent officials” is sufficient to ensure that the work of the unit responsible for economic-growth enhancing structural reforms... 

Energy technology provider Midea used its Nigeria offline dealer conference on August 23 to unveil its plans and preparations to launch its latest split-type inverter air conditioner, UNICOOL, from... 

Electronics company LG Electronics South Africa has outlined the key role of air-conditioning systems within healthcare facilities in ensuring that patient well-being extends far beyond medical... 

There has been a noticeable uptick in demand for the locally manufactured Booyco heating, ventilation and air-conditioning (HVAC) systems by South Africa’s original-equipment manufacturers (OEM),... 

Energy company Energy Partners has outlined the innovative potential of Cooling-as-a-Service (CaaS) agreements within the industrial refrigeration landscape to catalyse developments in operational... 

Contractor association the South African Refrigeration and Air Conditioning Contractors Association (Saracca) highlights the imperative of setting fair and feasible governing standards to establish... 

South Africa's central bank cut its main interest rate for the first time in more than four years on Thursday, as it said it saw inflation staying below the midpoint of its target range as far out... 

Corporate and investment bank RMB reports that it financed renewable-energy investments worth R50-billion over the past year and is expecting ongoing high levels of renewables funding this year,... 

Five months after its launch, Zimbabwe's new currency is under pressure as increased grain imports eat away at foreign reserves, putting at risk the government's plan to make it the only currency... 

The South African Reserve Bank (SARB) will likely lower interest rates by 25 basis points on Thursday, despite a larger-than-expected overnight move by the Federal Reserve as it turns the screws on... 

The rand gained Thursday morning ahead of a South African Reserve Bank interest rate decision, where the central bank is expected to deliver its first cut since July 2020. The currency strengthened... 

A new South Africa-wide survey shows that, while 62% of respondents support the shift from coal to renewable energy, a striking 65% have never heard of the term ‘Just Transition’. In addition, the... 

South Africa’s National Treasury is working on measures to encourage private investment in infrastructure projects, an initiative it hopes will silence calls from other quarters in the government... 

Business Unity South Africa on Wednesday said it is encouraged by government's “openness” to engage on its concerns around the controversial National Health Insurance Act, following a meeting with... 

South Africa's inflation rate fell more than expected last month to its lowest since April 2021, data showed on Wednesday, reinforcing expectations that the central bank will cut interest rates... 

JPMorgan Chase CEO Jamie Dimon plans to travel to Africa in mid-October in a push by the biggest U.S. lender to expand on the continent, four sources familiar with the matter told Reuters, his... 

A quarter of companies worldwide across industries have managed to reduce their carbon footprint and make meaningful financial gains that benefit them and their employees, shareholders and... 

Transport Minister Barbara Creecy says that, despite Transnet’s turnaround progress, the State-owned enterprise is not able to meet the target of increasing South Africa’s yearly rail volumes to... 

Home Affairs Minister Leon Schreiber said securing South Africa’s immigration and civics systems through automation and digital transformation will immediately boost confidence in South Africa’s... 

South Africa's consumer confidence recovered further in the third quarter to its best since 2019, helped by improved willingness to spend and hopes of an interest rate cut in September, survey data... 

Bill Gates says world leaders must step up the fight against a worsening child nutrition crisis that’s causing trillions of dollars in economic losses — and that gut bacteria investment and more... 

Central banks in two of Africa’s largest economies — South Africa and Nigeria — are set to change course on interest rates for the first time in years as inflation lets up. At least five others...