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US Treasury Secretary Scott Bessent will skip next week's meeting of finance ministers and central bank governors from the Group of 20 major economies in Cape Town, South Africa, three sources...
JSE-listed Aveng confirmed on February 19 that its contract mining subsidiary Moolmans had concluded a new 60-month contract, valued at about R10.6-billion, at the Gamsberg zinc mine, in the...
South Africa’s National Treasury will use a series of measures to offset the impact on the poor from a planned increase in value-added tax, Business Day reported, without citing anyone. The steps...
In this article, Standard Bank Group Head of South Africa Macroeconomic Research Dr Elna Moolman writes about the backdrop against which the 2025 Budget speech is being delivered and the key areas...
Financial services provider Nedbank says it expects the labour market outlook to improve modestly going forward as structural constraints ease and cyclical forces become more favourable. Commenting...
The Bureau for Food and Agricultural Policy (BFAP) has found in an independent study that the citrus industry suffered a R5.2-billion direct and indirect cost owing to inefficient logistics in the...
A fund aimed at addressing challenges linked to foodborne illnesses, particularly in township convenience stores, has been established. This was announced by Trade, Industry and Competition...
Law firm Herbert Smith Freehills (HSF) finds in its latest yearly merger and acquisition (M&A) report that activity in Africa continued on a downward trend in 2024, with a further decrease on the...
Ahead of Finance Minister Enoch Godongwana's 2025 Budget speech, a panel of economists deliberated on the potential outcomes of the Budget, including the impact of fiscal consolidation and tax...
The trading arm of private energy company NOA is gearing up to supply wheeled renewable electricity to multiple customers in South Africa following the National Energy Regulator of South Africa’s...
South Africa must take bold steps to ease a suffocating debt burden and boost economic growth, said the International Monetary Fund. “What we are recommending is a fiscal adjustment of 1% of gross...
Given the stagnation of the small business sector and a government riddled with deficiencies and inefficiencies, the time has come to hand the reins to the private sector and let markets shape the...
JSE-listed mining and materials group Afrimat has warned that losses in its cement segment and a weaker-than-expected performance from its anthracite segment will mean that its results for the 2025...
The forthcoming Budget Speech, on February 19, will be a test of the Government of National Unity’s ability to set coherent spending priorities that put the country ahead of party politics, says...
President Cyril Ramaphosa says South Africa’s infrastructure build programme will play an increasingly prominent role as government continues to advance structural reforms in the country for an...
Eskom CEO Dan Marokane assures that the State-owned utility is applying the same effort to end years of governance and accountability failings, as it did to end loadshedding. This came amid the...
Johannesburg electricity utility City Power CEO Tshifularo Mashava has assured business customers in the city that the entity is working on reviewing the yearly electricity tariffs to cushion...
Africa unveiled its own credit rating company to address concerns that evaluations by global agencies carry a costly bias against the continent. “Global credit rating agencies have not only dealt...
Western Cape provincial trade, tourism and investment promotion agency Wesgro has highlighted its latest EU Trade and Investment Breakfast, which took place on Tuesday. This was arranged in...
Engineering News editor Terence Creamer discusses this week's State of the Nation Address debate, which was heavily influenced by an executive order signed by US President Donald Trump; President...
With a rapidly expanding population and increasing urbanisation, Africa’s energy demand is projected to soar, requiring innovative solutions, sustainable practices and significant investments to...
As Africa looks to the future, the transition to sustainable energy represents both a challenge and an opportunity, highlights national industry support programme the National Cleaner Production...
Africa is well positioned to improve its energy security, owing to its high solar radiation factor, highlights renewable-energy business platform Discovery Green. The company says the continent’s...
The long-established practice of extracting fossil fuels and subsidising the industries associated with it, as well as institutional and regulatory drag, pose real threats to technological progress...
In noting the proliferation of technologies such as AI, Big Data, the Internet of Things (IoT) and digital twins in business operations across Africa, global management consulting firm Kearney says...
President Cyril Ramaphosa insists that South Africans know the pain of forced removals and will, thus, never again allow land to be confiscated – a position that he said was enshrined in the...
The latest ‘Nedbank Capital Expenditure Project Listing’ report, published on February 13, shows the sharpest increase in fixed investment plans since 2021, reflecting a myriad of projects...
Electricity and Energy Minister Dr Kgosientsho Ramokgopa says the private sector participation framework being developed for the transmission sector will be unveiled within five weeks, while...
From heavy government intervention leading up to South Africa’s first democratic elections in 1994, through two financial crises and other macroeconomic challenges, the agriculture sector has still...
The South African Chamber of Commerce and Industry (Sacci) Business Confidence Index (BCI) decreased to 120 index points in January, from 121 in December, but indicates an improved business...
Financial institution Nedbank has expanded its banking and advisory offerings to mid-corporate-sized businesses to help realise more growth in this key sector of the economy. Nedbank Commercial...
South Africa will probably wait until next year to lower its inflation target to address more pressing issues such as weak economic growth and fiscal consolidation, according to a survey of...
In this article, Telkom CEO Serame Taukobong highlights the encouraging upward trend in social cohesion and the role national pride plays in uniting South Africans despite our differences.
Democratic Alliance leader John Steenhuisen has called on the country to unite in the face of a “new threat” of possible US tariffs and even sanctions, following a rapid deterioration in relations...
Public Works and Infrastructure Minister Dean Macpherson has stated his approval of Finance Minister Enoch Godongwana’s amendments to Section 16 of the Public Finance Management Act, which will...
South Africa’s manufacturing production decreased by 1.2% year-on-year in December, according to a report by Statistics South Africa (Stats SA) released on February 11. The largest negative...
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