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According to audit and assurance firm PwC’s twenty-eighth ‘Annual Global CEO Survey’, 78% of CEOs in sub-Saharan Africa initiated climate-friendly investments in the past five years, and are...
Following a decline to 48 in the fourth quarter of 2024, the FNB/BER Civil Confidence Index fell by a further three points to 45 in the first quarter of 2025. The index can vary between a maximum...
The Afrimat Construction Index (ACI) for the fourth quarter of 2024 increased by 0.6% quarter-on-quarter and 2.5% year-on-year – the third successive quarter of improvements. This is the first time...
Most midtier markets in sub-Saharan Africa are expected to see a slight uptick in their growth rates this year, economic and financial research company BMI sub-Saharan Africa country risk senior...
Global trade started this year on stable ground, but challenges are mounting and the latest Global Trade Update by United Nations Trade and Development (Unctad), which covers data through to early...
The confidence of South African consumers in the future of residential property climbed to 87% in the fourth quarter of 2024, which is the highest level recorded in a decade, with the dominance of...
South African food and non-alcoholic beverage (NAB) inflation (hereafter to be referred to simply as food inflation, for short) in January remained, for the eleventh consecutive month, below the...
The Absa Purchasing Managers’ Index (PMI) declined slightly by 0.6 points to 44.7 points in February, remaining in contractionary terrain. This is the fourth consecutive contraction, as activity...
The third edition of payment technology company Mastercard’s SME Confidence Index shows that 90% of small and medium-sized enterprises (SMEs) in South Africa have adopted digital payments. This...
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...
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