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Business Leadership South Africa CEO Busi Mavuso foresees a challenging year ahead for business, given the record number of elections that lie ahead. This, coupled with an unprecedented level of...
The US has reached preliminary agreement with African nations to extend their preferential trade access by another decade, pending approval by Congress, South Africa’s trade minister said. "We...
While South Africa’s latest draft electricity plan is signalling a pullback in renewables investments for the period to 2030 relative to the prevailing policy, the rest of the world is powering...
Global growth is projected to slow for the third year in a row, reaching 2.4% in 2024 from 2.6% in 2023, significantly below the 2010s average and the slowest half-decade of gross domestic product...
The Department of Mineral Resources and Energy (DMRE) has belatedly released the background technical information that has been used to inform the assumptions included in the draft Integrated...
It’s been nearly a decade of waning foreign interest in South African stocks, with outflows exceeding $50-billion in that time. Last year was the eighth year in a row that foreign investors dumped...
Africa faces economic headwinds this year, but some of the continent’s brightest sparks are shading it in a more hopeful light. Six of the top-10 performing economies in the world are forecast to...
Global emissions, which are continuing to rise by 1.5% a year, must be cut by 7% every year until 2030 to limit global warming to 1.5 °C, as agreed by countries that signed the Paris Agreement in...
Business Unity South Africa (Busa) will approach the Department of Mineral Resources and Energy (DMRE) to secure the technoeconomic information that has been used to inform the assumptions...
The North-West University (NWU) Business School Policy Uncertainty Index (PUI) for the fourth quarter of 2023 showed a welcome easing to 65.5 from its 71.8 in third quarter. However, the presence...
Financial institution Absa’s Purchasing Managers’ Index (PMI) closed out 2023 on a somewhat stronger footing, rising by 2.7 points to 50.9 index points in December. Absa said on January 8 that...
The coming 12 months are shaping up as the year of the interest-rate cut. After racing ahead with the most aggressive tightening campaign in decades during 2022 and 2023, central banks around the...
South Africa's Rand was slightly weaker in early trade on December 19, ahead of a leading business cycle indicator release that is likely to provide clues about the economic health. At 08.18, the...
Britain will implement a new carbon import levy on some products from 2027 to help to protect businesses against cheaper imports from countries with less strict climate policies, the government...
The South African government has released three requests for proposals (RFPs) for new electricity generation and storage capacity, including 5 000 MW of new wind and solar, 2 000 MW of gas-to-power...
South Africa recorded reduced foreign direct investment inflows of R26-billion ($1.40-billion) in the third quarter of 2023, from R53.8-billion in the second quarter, central bank data showed on...
The Department of Mineral Resources and Energy (DMRE) has released the much-anticipated and delayed seventh bid window (BW7) of the Renewable Energy Independent Power Producer Procurement Programme...
South Africa’s home affairs minister signed planned changes to work permit regulations aimed at fixing a bureaucratic morass that’s frustrating the country’s biggest investors and exacerbating a...
Payments infrastructure company BankservAfrica's Economic Transactions Index (BETI) reached 130.4 in November, which is the exact same figure as November 2022, slipping from the level of 130.8...
Public Works and Infrastructure Minister Sihle Zikalala has vowed to intensify Operation Pay-on-Time and urgently put an end to the failure of government to pay service providers in the...
The Business Confidence Index (BCI) published by the South African Chamber of Commerce and Industry (Sacci) has nudged up by 2.9 index points to 111.5 in November, from 108.6 in October. The BCI...
Financial services firm Nedbank Group has entered into an agreement to acquire 100% of the issued share capital of fleet management solutions provider Eqstra Investment, subject to regulatory...
The South African government will publish a request for proposals (RFP) for 2 500 MW of new nuclear capacity by March 2024, following the National Energy Regulator of South Africa’s (Nersa’s)...
Trucks have been set alight by protesters along the N11, near Amajuba Pass in KwaZulu-Natal. Six trucks were set alight when protests erupted along the N11 near Amajuba Pass in Charlestown,...
Minister in the Presidency Khumbudzo Ntshavheni has confirmed that the draft Integrated Resource Plan (IRP) approved by Cabinet for public comment includes two time horizons as well as significant...
Business Leadership South Africa CEO Busi Mavuso has warned of the deteriorating health sector without the prospect of recovery, owing in large part to the passage last week of the National Health...
Electricity Minister Kgosientsho Ramokgopa reports that Cabinet has approved the release of an updated Integrated Resource Plan (IRP) for public comment and also confirms that the document contains...
The Steel and Engineering Industries Federation of Southern Africa (Seifsa) is calling on government to take urgent and decisive action to support the domestic steel sector following ArcelorMittal...
Multinational engineering and construction group Murray & Roberts (M&R) says it has made meaningful progress in reducing its debt with its consortium of South African banks. Following on from the...
Three International Trade Administration Commission of South Africa (Itac) commissioners Phozisa Mbiko, Wandile Sihlobo and Etienne Vlok, have been reappointed by President Cyril Ramaphosa as...
Public Enterprises Minister Pravin Gordhan has blasted law enforcement agencies, saying that they must come to the fore to address state capture and corruption at State-owned entities. Addressing...
State-owned utility Eskom is expecting to have to make “difficult trade-offs” in its pursuit of a just energy transition (JET) strategy, as it grapples with ongoing short-term operational struggles...
Africa could lose as much as $25-billion annually due to the European Union’s new carbon border tax, hurting the continent’s trade by penalizing valued-added exports such as iron and fertilizers,...
South Africa’s current account deficit shrank by much more than expected in the third quarter, buoyed by a surge in the trade balance as the volume of imports fell. The deficit on the current...
South African companies face tremendous challenges to compete on the global market, while simultaneously addressing local socioeconomic inequalities and nurturing nationwide prosperity, amid global...
Serious questions about the effectiveness and desirability of South Africa’s prevailing scrap export ban have been raise in a new report, which calls for its immediate lifting unless evidence can...
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