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The South African Local Government Association (Salga) and organised labour have concluded a third round of salary and wage negotiations, with the facilitators’ proposal of a 6% wage increase now...
Electricity and Energy Minister Dr Kgosientsho Ramokgopa has withdrawn a Ministerial determination for the procurement of 2 500 MW of new nuclear capacity, which was being contested legally, having...
Engineering News editor Terence Creamer discusses some of the key outcomes of the first meeting between Cabinet member and business leaders since the formation of the Government of National Unity.
The Presidency announced the postponement of the signing of the Second Presidential Health Compact to August 22, with Business Unity South Africa (Busa) stating its objection to the Compact. The...
South Africa’s new multi-party government has an opportunity to boost economic growth and investment, the country’s Chamber of Commerce said, as it announced a slight recovery in business...
Amid waning loadshedding, government and business have agreed to begin “repurposing” the National Energy Crisis Committee (Necom) to shift focus from interventions aimed at arresting the...
Late last year, residents of Yeoville and Bellevue — crumbling inner city areas of Johannesburg — went without power for four weeks after a 63-year-old cable broke. For several months after, power...
Trade and Industrial Policy Strategies (TIPS) senior economist Nokwanda Maseko has complained that the State is overcompensating and providing too many subsidies to make up for industrial policy's...
Deputy Finance Minister David Masondo has called on the Development Bank of Southern Africa (DBSA), which is a major lender to local government, to play a leading role in supporting the Government...
South Africa's unemployment rate worsened by 0.6 of a percentage point to 33.5% in the second quarter, from 32.9% in the first quarter. The expanded unemployment rate, which includes discouraged...
Home Affairs Minister Dr Leon Schreiber is confident that the department will be able to clear the 300 000-plus visa backlog by December, as he looks to tackle key issues facing the entity and...
Electricity and Energy Minister Dr Kgosientsho Ramokgopa reports that a new pilot project is being prepared to further “stress test” an initiative aimed at ensuring that municipalities settle their...
JSE, which operates Africa’s biggest stock and bond exchanges, is looking to expand its private placement and carbon offset platforms across the continent. The JSE Private Placements platform,...
Trade finance institution the African Export-Import Bank (Afreximbank) plans to double its financing of intra-African trade from $20-billion in 2021 to $40-billion by 2026, Afreximbank Global Trade...
South Africa must develop industrial policies that build the international competitiveness of its export industries, including by enabling small businesses that could be exporting much more,...
Construction and mining group Aveng has alerted shareholders that they can expect an earnings a share and headline earnings a share profit for the financial year ended June 30, compared with the...
JSE-listed energy company Sasol has reported that its financial results for the year ended June 30 were negatively impacted on by challenging market conditions, including continued pressure from...
South Africa's plan to expand its power grid, now the biggest bottleneck to replacing coal with renewables, has hit a snag: finding investors to lend the necessary $21-billion to a near-bankrupt...
The newly launched National Logistics Crisis Committee (NLCC) 'Pulse' report has so far shown a general year-on-year improvement in terms of the movement of heavy motor vehicles (HMVs) along the...
Cabinet has questioned the imposition by the European Union (EU) of what it describes as “stringent” restrictions on South Africa’s citrus exports, which are now the subject of a formal dispute...
South Africa needs decisive political buy-in to ensure its exit from a global dirty-money watch list by a June deadline, a top official at the nation’s financial regulator said. Finance Minister...
Local bourse the JSE reported 4.2% growth in operating income underpinned by increasingly diversified revenue streams in its half-year results to June 30. Its diversified business segments' and...
South African corporates — which have partnered with the government to revive failing transport and energy networks — are in talks with the state to deal with water availability, which the head of...
The Presidency has released new details showing that $613-million of the $821-million in grants pledged to support South Africa’s Just Energy Transition Investment Plan (JET-IP) have now been...
South Africa will need to urgently address crippling infrastructure bottlenecks or risk derailing a budding economic recovery, according to S&P Global Market Intelligence. These challenges have...
South Africa is moving ahead with implementation of the National Health Insurance bill, President Cyril Ramaphosa said, despite strong opposition from within and outside government. The NHI aims to...
Ringfencing revenue for the National Transmission Company South Africa (NTCSA) is regarded as a crucial short-term step for ensuring that the newly operationalised Eskom Holdings subsidiary is...
Persistently high youth unemployment rates and some of the highest levels of inequality globally have led financial institution Rand Merchant Bank (RMB) to rank South Africa twenty-ninth out of 31...
Johannesburg, billed as Africa’s richest city because of its concentration of businesses and millionaires, needs R221-billion to catch up on maintenance and overdue upgrades across its collapsing...
South African private sector activity remained subdued in July amid weaker sales and increased supply-side pressures, a survey showed on Monday. The S&P Global South Africa Purchasing Managers'...
South Africa's scrap metal sector is overinvested, international trade consultancy XA Global Trade Advisors director Donald Mackay says. "I think we've got a very weird situation, as scrap metal...
South Africa still has a stockpile of highly enriched uranium, Netwerk24 reported, citing Minister of Mineral and Petroleum Resources Gwede Mantashe. The nation declared its holdings of the nuclear...
As digitalisation continues to transform industries, the real estate sector has to deal with significant changes in how it manages and protects information, especially with the transition from...
The importance of export growth as an automotive industry strategy is crucial to mitigate the numerous risks associated with South Africa's low growth environment. "We see export growth as a really...
The yearly Trade & Industry Policy Strategies (TIPS) Forum featured a discussion on the most prominent barriers to entry for small, medium-sized and microenterprises (SMMEs) as small business...
The new administration intends to continue implementing structural reforms to improve productivity and competitiveness in the economy, National Treasury director-general Dr Duncan Pieterse has...
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