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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...
When Finance Minister Enoch Godongwana delivers his Budget Speech on February 19, it is expected that reported tax revenues will be about R10-billion short of initial forecasts, auditing firm PwC...
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...
Financial services firm Absa’s Purchasing Managers’ Index (PMI) declined by 0.9 points to 45.3 points in January – the third consecutive contraction and the lowest level since August 2024. This...
The International Monetary Fund (IMF) expects South Africa’s yearly economic growth rate to reach 1.8% by 2030, supported in large part by ongoing electricity and logistics reforms. In the outcome...
According to technology group Heraeus, last year saw modest growth in car sales within the EU, while the market share of battery electric vehicles (BEVs) declined. Heraeus reported on January 27...
Transport Minister Barbara Creecy has revealed that preliminary data shows a 5.3% year-on-year increase in road-related fatalities and a 4.2% year-on-year increase in road crashes that involved...
AI remains a top priority for business leaders worldwide this year, with a strong focus on reaping tangible results from their AI initiatives, consulting company Boston Consulting Group's (BCG's)...
The trade outlook in December remained well into positive territory, but present trade activity is still in negative territory, according to business organisation the South African Chamber of...
Similar to global attitudes becoming more positive about the use of AI, South Africa too demonstrates a growing embrace of AI, with adoption rates and enthusiasm on the rise, a global survey by...
The National Treasury, on December 20, published the local government revenue and expenditure report for the first quarter period from July 1 to September 30, which showed that aggregate spending...
South Africa is "still in the foothills of economic recovery" and, while external influences must still be skillfully navigated, the country's future economic performance will hinge mainly on...
A newly released report by technology and lifecycle solutions provider Wärtsilä shows that an area the size of Europe will need to be covered with renewable power to reach a clean energy future...
Based on the current policy environment, the global market for clean energy technologies is set to rise from $700-billion in 2023 to more than $2-trillion by 2035, close to the value of the current...
The World Steel Association (worldsteel) expects global steel demand to decrease by 0.9% to 1.75-billion tonnes this year. “2024 has been a difficult year for global steel demand as the global...
The seasonally adjusted Absa Purchasing Managers’ Index (PMI) increased to 52.8 points in September, putting it back in expansionary territory after having declined to 43.6 points in August. "The...
Government has welcomed the marginal employment growth of 0.4% from 10 674 000 in March to 10 716 000 in June, saying this indicated its commitment to working with social partners to stabilise the...
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...
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...
South African analysts, business people and trade unions further lowered their inflation expectations in the third quarter of this year, bringing them closer to the level targeted by the central...
South African business confidence rose in the third quarter, helped by improving optimism about the business climate after the formation of a coalition government and stable electricity supply, a...
South Africa needs to sustain a low inflation rate to justify a change in the central bank’s monetary policy stance, Governor Lesetja Kganyago said. Consumer-price growth was 4.6% in July, the...
South African Statistics Council chairperson Dr Nompumelelo Mbele on Friday welcomed any constructive criticism of the 2022 Population Census statistics and methodology, saying the council viewed...
Four employees of State-owned utility Eskom and a contractor security guard have been arrested in connection with the theft of heavy fuel oil valued at R500 000 from Camden power station, in...
South Africa's inflation dropped more than expected in July, falling to within touching distance of the central bank's target and cementing analysts' expectations that the bank will cut interest...
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...
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...
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...
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...
South Africa’s population is estimated to have increased to 63.02-million this year, with the female population accounting for 51%, or about 32.13-million, of the population, according to...
Law firm EY research has revealed that about 73% of investors say that companies largely fail to create enhanced reports encompassing environmental, social and governance (ESG) and financial...
A new online platform called MyScrapMatters has been launched, acting as a single centralised hub to provide comprehensive information about the scrap metal industry in South Africa. The aim of the...
Manufacturing production decreased by 0.6% in May, compared with May 2023. Statistics South Africa (Stats SA) reports that the basic iron and steel, nonferrous metal products and machinery and...
Nasdaq-listed Zebra Technologies has found that 61% of manufacturers expect AI to drive growth in the sector by 2029, up from 41% in 2024. These findings are part of Zebra’s ‘2024 Manufacturing...
JSE-listed self-storage real estate investment trust Stor-Age has reported robust financial results for the 2024 financial year ended March 31, showcasing significant growth in rental rates and...
South Africa’s manufacturing production increased by 5.3% year-on-year in April, Statistics South Africa (Stats SA) has reported. Stats SA Industry statistics director Nicolai Carson said on June...
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