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The World Bank is preparing a $1.5-billion funding package to support continuation of essential government services in Ukraine following Russia’s invasion, World Bank president David Malpass...
The International Energy Agency’s (IEA’s) Sustainable Recovery Tracker’s latest update shows that clean energy spending earmarked by governments in response to the Covid-19 crisis had risen by 50%...
Manufacturing production increased by 0.2% year-on-year in February, but seasonally adjusted manufacturing production decreased by 1.1% month-on-month. The largest positive contributions were made...
The South African Chamber of Commerce and Industry’s (Sacci’s) Business Confidence Index (BCI) declined by 1.3 points to 95.6 in March, with Russia’s invasion of Ukraine having contributed to...
The Altron FinTech Short-term Credit Impact Index for the third quarter of 2021 shows that short-term lending was heavily impacted by Covid-19, with the short-term lending segment of the consumer...
President Cyril Ramaphosa announced on Monday night Cabinet’s decision to terminate the National State of Disaster from April 5 since the terms of the Disaster Management Act are no longer met....
The North-West University (NWU) Business School’s Policy Uncertainty Index (PUI) rose to 59.7 during the first quarter of the year, from 53.2 in the fourth quarter of 2021, but may recede from its...
Signs of a slow recovery in manufacturing so far this year – which were in part being driven by improvements in production in Europe and Asia – may now be threatened by escalating geopolitical...
Retail-focused real estate investment trust (Reit) Hyprop said on March 17 that trading performance had reverted back to pre-Covid-19 levels, or in some cases even higher. The Reit said the...
Despite a tough operating period, JSE-listed Growthpoint Properties delivered a 17.6% increase in South African real estate investment trust (Reit) funds from operations and a 5.2% increase in...
The First National Bank (FNB)/Bureau for Economic Research (BER) Building Confidence Index (BCI) gained six points to 40 in the first quarter of this year, compared with 34 in the fourth quarter of...
Statistics South Africa (Stats SA) has reopened online Census registration and has extended the period during which the Web-based questionnaire can be completed. Household registrations increased...
Over the last two years, global telecommunications group Telecel’s Africa Startup Initiative Programme (Asip), which is powered by startup accelerator Startupbootcamp Afritech, has contributed more...
Statistics South Africa (Stats SA) has extended the closing date for the Census 2022 household registration to February 5, to allow more respondents to select their preferred mode to be counted.
In her latest weekly newsletter, published on January 31, industry association Business Leadership South Africa CEO Busi Mavuso said she was frustrated with the solutions proposed by the African...
The release of the Transparency International’s 2021 Corruption Perceptions Index (CPI) reveals that South Africa, along with many other countries in the world, has reached a virtual standstill in...
South Africa's gross domestic product contracted by 1.5% in the third quarter of the year on a quarter-on-quarter seasonally adjudged basis, according to Stats SA. The largest falls were in trade,...
South Africa’s diesel generator market is expected to grow at a compound yearly growth rate of more than 2% from 2020 to 2025, according to a report released this year by research organisation...
Health Minister Dr Joe Phaahla said citizens can be confident that in a matter of days and weeks health department’s scientists will have gotten to the bottom of the Covid-19 Omicron variant....
The Italian-South African Chamber of Trade and Industry (Italcham) aims to continue improving its presence in South Africa next year. “We intend to establish an antenna in Cape Town and, possibly,...
The Italian-South African Chamber of Trade and Industry (Italcham), in collaboration with the Italian Comites Johannesburg and the Italian Consulate General, launched the Small Medium Italian...
The South African Reserve Bank (SARB) has raised the repo rate by 25 basis points, to 3.75%. This is the first rate hike in three years.
South Africa’s inflation rate remained unchanged on the eve of a central bank interest rate announcement that’s dividing economists and traders. Consumer prices rose 5% from a year earlier in...
As government rolls out the second Vooma Vaccination Weekend this weekend, Business for South Africa is calling on people over the age of 12, and especially those over the age of 50, to take...
Financial services provider Absa reports that its seasonally adjusted purchasing managers’ index (PMI) declined further in October, falling to 53.6 from a downwardly revised 54.7 in September. As...
Improved transport infrastructure in Africa would contribute significantly to unlocking the continent’s economic potential, says diversified chemicals group Omnia Holdings group CEO Seelan...
A "catastrophic" fuel price hike is on the cards for November, the Automobile Association (AA) has warned. Based on its calculations, R20 per litre for petrol was "realistic" before the end of the...
Truck maker AB Volvo said on Wednesday it had produced a prototype of what it said would be the world's first vehicles made of fossil-free steel. Volvo and steel-maker SSAB announced in April an...
The International Monetary Fund has upwardly revised South Africa's growth outlook from 4% to 5%. The multilateral institution on Tuesday released its World Economic Outlook report for October...
The current contribution of the waste economy to South Africa’s gross domestic product (GDP) could significantly increase if the importance of implementing the waste management hierarchy is fully...
The recycling of construction and demolition materials in South Africa is behind the global curve, partly because it is generally not viewed as economically viable by the vast majority of local...
Research institute the Gauteng City-Region Observatory’s (GCRO’s) Quality of Life (QoL) Survey for 2020/21 finds that the quality of life in the province decreased considerably since the previous...
University of Cape Town vice-chancellor Professor Mamokgethi Phakeng is pleased with the institution’s latest Times Higher Education ranking, which sees it retain its top spot in Africa and come...
Unemployment has hit a record high of 34.4%, or 7.8-million jobless people. Stats SA released the Quarterly Labour Force Survey for the second quarter on Tuesday. This is the highest unemployment...
Modern civilisation was built on fossil fuels, with the invention and commercialisation of the internal combustion engine during the 1800s setting the stage for petroleum-based vehicles to be...
Reflecting on the new-vehicle-sales statistics for last month, naamsa | The Automotive Business Council said that the recovery in the new-vehicle market is gaining momentum in line with industry...
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