The South African Chamber of Commerce and Industry (Sacci) has revealed that its business confidence index (BCI) for December last year reached a notable 112.1, marking the second-highest level for... 

Steel producer ArcelorMittal South Africa (AMSA) has deferred the wind-down of its long-products business by six months amid widespread concern regarding the detrimental impact of the closure on... 

Standard Bank chief economist Goolam Ballim does not anticipate “material fiscal slippage” in the 2024 Budget, despite expenditure pressures associated with the upcoming elections, as well as calls... 

February 9 will mark one year since two South African engineers, Frederik Potgieter (54) and Peter Huxham (55) - the latter a dual South African/UK citizen - were detained in Equatorial Guinea on... 

Both 93 and 95 unleaded petrol (ULP) and lead replacement petrol (LRP) are going to cost an additional 75c/ℓ from February 7. The cost of diesel is also going to increase. For 0.05% sulphur diesel,... 

Transnet National Ports Authority (TNPA) has appointed FFS Tank Terminal as the preferred bidder to develop and operate a liquid bulk terminal specialising in bunker fuels on a brownfield site at... 

While the recently launched African Continental Free Trade Area will provide advantages for South African companies, the efficiency and competitiveness of the country’s logistics architecture needs... 

City of Cape Town Mayoral Committee Member for Energy councillor Beverley van Reenen has hosted a World Bank delegation to the city’s Steenbras hydro pumped storage scheme. The Steenbras plant is... 

According to the latest ‘2023 Global Entrepreneurship Monitor South Africa’ (GEM SA) report, released on February 1, South Africa’s early-stage entrepreneurial activity has declined to below... 

The CEO of the South African Association of Freight Forwarders (SAAFF) believes progress is being made in navigating the ‘perfect storm’ of South Africa’s current logistics crisis, which is... 

The International Trade Administration Commission of South Africa (Itac) has created a temporary rebate provision for the importation of certain cold-rolled steel and painted steel; a rebate... 

President Cyril Ramaphosa said on Wednesday that the start of preferential trade will create great opportunities for growth and development for South Africa and many other African countries.... 

With exogenous and endogenous shocks impacting on Africa countries to varying degrees over the years, and different regions showcasing different levels of macroeconomic resilience, the African... 

Global economic growth is expected to be subdued, if not stagnant this year, with global trade also expected to be sluggish, financial services provider Investec reports. According to the World... 

Financial services group Rand Merchant Bank (RMB) has partnered with the World Bank's Multilateral Investment Guarantee Agency (MIGA) to extend short-term funding support on a trade-backed facility... 

As the European Union’s (EU’s) Carbon Border Adjustment Mechanism (CBAM) became effective from October 1 last year, South Africa remains highly vulnerable and will likely pay high amounts of carbon... 

Electromechanical equipment manufacturer and ACTOM division Marthinusen & Coutts Zambia (M&C Zambia) noted, in a press release last month, that a smelter based in the Copperbelt had requested that... 

Despite not topping the table at the end of October, the Tesla Model Y proved to be the most popular battery electric vehicle (BEV) in Europe, from January through to October 2023, and may continue... 

According to a recent press release from firm specialising in developing, producing and marketing “forward-looking” machinery Ecoclean, premium car manufacturer BMW has replaced its electric water... 

In keeping with its 2024 theme, ‘Embracing the power of positive disruption: A bold new future for African mining’, the Investing in African Mining Indaba is perhaps one of the best examples of... 

The Department of Transport (DoT) is canvasing as series of interventions aimed at attracting freight back to South Africa’s struggling rail system from road, which has emerged as the country’s... 

Saudi Arabia will start importing South African beef and lamb products as part of an investment push into the continent’s most developed economy. The kingdom’s Food and Drug Administration lifted a... 

The South African downstream steel industry has urgently appealed to both steel producer ArcelorMittal South Africa (AMSA) and the government to find immediate solutions that will allow the... 

South Africa’s delegation to the World Economic Forum’s (WEF’s) yearly meeting in Davos, Switzerland, from January 15 to 19, led by Finance Minister Enoch Godongwana, has said it used the platform... 

Western Cape provincial trade, tourism and investment promotion agency Wesgro and Standard Bank South Africa have collaborated to support the conclusion of an export deal worth R300-million a year... 

The rapid pace at which South Africa is building renewable energy projects, driven by private sector investment, is viewed as positive in the global context, including at the recently held World... 

The Duke of Edinburgh Prince Edward will meet with Deputy President Paul Mashatile at the OR Tambo Official Residence, in Pretoria, as part of Prince Edward's working visit to South Africa from... 

Development finance institution African Development Bank’s (AfDB’s) board in Abidjan, Côte d’Ivoire, announced last month that it had approved loans of over R4.7-billion to Rwanda, to improve the... 

Industry organisation the South Africa Chamber of Commerce and Industry’s (Sacci’s) December 2023 survey on trade conditions indicated a slight improvement in the trading climate for November and...