While ‘location agnostic’, South Africa’s inaugural 2 000 MW gas-to-power (GtP) procurement round is limiting the development of facilities in the City of uMhlathuze, where KwaZulu-Natal’s... 

The main concern South Africans face is poverty, highlighted by 68.4% of respondents to office and printing systems multinational Epson Climate Barometer survey, while rising goods and services... 

Independent Power Producer Office head Bernard Magoro reports that work is under way to identify substation sites for the upcoming third Battery Energy Storage Independent Power Producer... 

The United Nations Conference on Trade and Development's (Unctad's) 'Global Investment Trends Monitor' shows that global foreign direct investment (FDI) flows increased marginally by 3% in 2023 to... 

South Africa’s grid constraints are continuing to cast a shadow over the Renewable Energy Independent Power Producer Procurement Programme (REIPPPP), the seventh bidding round for which was... 

Payments infrastructure and services company BankservAfrica's Economic Transactions Index (BETI) improved to 133 in December, owing to less loadshedding and fuel price cuts during the month. On a... 

South African central bank governor, Lesetja Kganyago, said on Wednesday that the disinflation process had begun and that he expected inflation to average 5% this year. Speaking to the Reuters... 

The Trade in Transition study, commissioned by freight and logistics company DP World, shows that Africa’s business leaders anticipate growth this year, driven by investment in technology to... 

Management strategy consultancy Boston Consulting Group (BCG) has appointed BCG MD and partner Thomas Kingombe as its South Africa Manufacturing and Supply Chain operations lead. He joins the South... 

Global independent power company ENGIE, which is prioritising the South African electricity market for significant organic and acquisitive growth, is also open to participating in grid investments... 

Online retail platform SOLshop has integrated social interaction into its shopping experience by allowing its users to buy groceries at discounted prices by inviting friends to join in group... 

Critical infrastructure blackouts have emerged as the number one risk for businesses in South Africa for the second consecutive year, highlighting the severe impact of power outages and the failure... 

Finance Minister Enoch Godongwana played down the likelihood of a decision soon to tap a R497-billion contingency fund held on behalf of the country by the central bank. “For the moment there is... 

The Finance Ministry has been forced to re-gazette the maximum fines that can be imposed on auditors and auditing firms for misconduct after the words "per charge" were omitted for two of the... 

JSE-listed financial services company Alexforbes Investments has appointed Mpho Molopyane as chief economist, with effect from December 1, 2023. She will be responsible for formulating the... 

The Department of Mineral Resources and Energy (DMRE) and the Independent Power Producer Office (IPPO) have a busy week ahead, with three virtual bidders conferences to be hosted over Wednesday and... 

South Africa’s finance minister warned that next month’s budget will be a “difficult one” as the nation’s ability to service its growing debt remains a challenge. Enoch Godongwana will table the... 

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...