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... 

Global energy-related carbon dioxide (CO2) emissions increased by less than 1% in 2022, according to new analysis published by the International Energy Agency (IEA). The ‘CO2 Emissions in 2022’... 

Tile company Italtile has delivered underwhelming results for the six months to December 31, 2022, with the group’s trading profit 8% lower year-on-year to R1.4-billion, while operating costs... 

The South African Local Government Association (Salga) has expressed hopes that President Cyril Ramaphosa will address municipal debt recovery, local government funding and the energy crisis as... 

Ahead of President Cyril Ramaphosa’s yearly State of the Nation Address (SoNA) on February 9, Organisation Against Tax Abuse (Outa) CEO Wayne Duvenage has warned that empty promises will only... 

Global macroeconomic conditions have become increasingly uncertain with the persistence of multiple shocks that make policymaking and investment decisions very challenging, African Development Bank... 

Financial services provider Absa’s seasonally-adjusted Purchasing Managers’ Index (PMI) rose for a third month to reach 53.1 index points in December, slightly up from the 52.6 points recorded in... 

Power utility Eskom has decided to delay the start of the planned maintenance shutdown of Koeberg Unit 1 to allow time to stabilise the power system and recover some generation capacity. The unit... 

The World Economic Forum (WEF) and the National University of Singapore Business School say 67% of executives from small- and medium-sized enterprises (SMEs) cite survival and expansion as their... 

South Africa's unreliable power supply and its high level of government debt are two of the main risks to its financial stability, the country's central bank said on Tuesday. Africa's most... 

The official unemployment rate declined further to 32.9% in the third quarter of 2022, from 33.9% in the second, Statistics SA reported on Tuesday. Unemployment hit a record high of 35.3% in the...