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The revenue for cement manufacturer PPC’s South Africa and Botswana divisions for the five months ended August 31 increased by 5% year-on-year, the company reported in an operating update on...
Annual consumer price inflation picked up slightly to 4.8% in August from 4.7% in July - the first increase in four months. After many months of big hikes, some food prices started to fall, but...
Intra-country trade across Africa is stuttering as businesses struggle to find the foreign currency, most notably the dollar, needed to pay for imports. This shortage has been caused by the...
The negative impact on the South African economy caused by substituting local cement production with imported cement was highlighted in a report released by cement manufacturer PPC in conjunction...
In a stark assessment of South Africa's economic performance Centre for African Management and Markets (CAMM) founding director and Gordon Institute of Business Science (GIBS) economics lecturer Dr...
Nonprofit organisation Just Share has released the results of a study assessing gender equality at board and executive level at the JSE Top 40. “While women make up 46% of South Africa’s...
Management consulting company EY Africa private capital leader and partner Graham Stokoe on September 7 discussed key findings of the Southern African Venture Capital and Private Equity...
After the successful commissioning of State-owned power utility Eskom’s third microgrid, at the Swartkop dam, in the Northern Cape, the company aims to launch its next two microgrids at Nomalengena...
Global crude steel production for the 63 countries reporting to the World Steel Association increased by 6.6% year-on-year to 158.5-million tonnes in July. Africa witnessed a surge in production to...
The South African Property Owners Association (Sapoa) and the National Business Initiative (NBI) Youth Employment Initiative, which was launched earlier this year in a bid to help unemployed...
The Department of Trade, Industry and Competition (DTIC) has embarked on provincial outreach and awareness workshops in collaboration with provincial governments, wherein it hopes to have engaged...
Statistics South Africa has reported that manufacturing production increased by 2.5% in May this year compared with May last year. The largest contributions were made by the motor vehicles, parts...
The global economy is on track for a significant slowdown compared with last year, although the deceleration is not expected to be as severe as initially anticipated, research company BMI, a Fitch...
The United States Agency for International Development (USAID) announced last month that it has committed $3-million to the African Water Facility (AWF). The funding will support the preparation of...
Africa’s already limited water infrastructure will likely face increased strain as multiple countries experience rapid urbanisation, says market research company Frost & Sullivan Africa consultant...
Global foreign direct investment (FDI) fell by 12% to $1.3-trillion in 2022, the ‘World Investment Report 2023’, released by the United Nations Conference on Trade and Development (Unctad) on July...
Advisory company Merchantec Capital’s CEO Confidence Index for the second quarter of this year has “shed light on the impact of artificial intelligence (AI) on business growth and operational...
The price of 93 unleaded petroleum (ULP) and leaded replacement petrol (LRP) will drop by 24 c/ℓ on July 5, while 95 ULP and LRP will come down by 17 c/ℓ, according to a statement issued by Mineral...
Trade growth was positive for both goods and services in the first quarter of the year, intergovernmental organisation the United Nations Conference on Trade and Development (Unctad) reports in its...
The cement and concrete industry is stagnant and the only avenue for rejuvenation is the implementation of some of the infrastructure projects for which government has allocated over R900-billion,...
Manufacturing production increased by 3.4% year-on-year in April, Statistics South Africa has reported. The largest contributions were made by the basic iron and steel, nonferrous metal products,...
South Africa’s current-account shortfall narrowed more than expected in the first quarter, as the value of gold and merchandise exports increased. The deficit in the current account, the broadest...
Global growth has slowed sharply and the risk of financial stress in emerging market and developing economies (EMDEs) is intensifying amid elevated global interest rates, the World Bank’s latest...
This year’s Big 5 Construct Southern Africa is being held with the aim of driving economic growth, recovery and transformation within Southern Africa’s construction industry. The Big 5 Construct...
The question of whether engineering, procurement and construction (EPC) or engineering, procurement and construction management (EPCM) is a preferred or advisable contracting strategy in the South...
Trade union UASA and the Bureau of Market Research (BMR) have launched the UASA/BMR Employment Index, which tracks the employment performance of the economy and will be updated quarterly. The index...
State-owned Transnet Port Terminals has said the introduction of the adjusted free import storage rule seven months ago at the Durban Container Terminal has resulted in significant improvements in...
Although the domestic automotive industry’s recovery to prepandemic levels continued in 2022, it was at a slower pace than in 2021, with many key performance indicators still remaining below the...
The World Steel Association (worldsteel) expects steel demand to rebound by 2.3% this year to reach more than 1.82-billion tonnes. In its Short Range Outlook (SRO) for steel demand for 2023 and...
After having shed 4.4 index points in January and one index point in February, the South African Chamber of Commerce and Industry (Sacci) Business Confidence Index (BCI) declined by a further 0.6...
The seasonally adjusted Absa Purchasing Managers’ Index (PMI), compiled by the Bureau for Economic Research, ticked down to 48.1 in March from 48.8 in February. The PMI shows that, after a solid...
The South African Reserve Bank's monetary policy committee hiked interest rates by 50 basis points to 7.75%. Economists were expecting an increase of 25 basis points. Three members of the monetary...
Big hikes in food prices contributed to a 7% increase in annual consumer inflation in February from 6.9% in January – the first increase in four months. The consumer price index rose by 0.7%...
In a media statement release last month industry representative The Beverage Association of South Africa (BevSA) on behalf of the industry, said it welcomes Finance Minister Enoch Godogwana 2023...
South African Fruit and Vegetables Canners Export Council (SAFVEC) GM Jill Atwood-Palm says the Gulfood Exhibition that took place in Dubai, in the United Arab Emirates (UAE), from February 20 to...
While JSE-listed diversified services, trading and distribution group Bidvest delivered a robust set of results for the six months ended December 31, 2022, CEO Mpumi Madisa believes it would have...
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