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Economy

Changing business opportunities, challenges in Zimbabwe highlighted
24th April 2024 By: Schalk Burger

Zimbabwe is undergoing change and aims to attract more companies to do business in the country, but risks and challenges remain for businesses aiming to capitalise on the opportunities in the... 


PepsiCo Bašumi Trust wins awards at employee share ownership conference
24th April 2024 By: Lisete Bigala

Beverage multinational PepsiCo South Africa's employee share ownership programme Bašumi Trust has received the best governance policies and the most innovative funding model awards at the... 


Debt transparency needed as opaque resource-backed loans hinder African development – Adesina
24th April 2024 By: Schalk Burger

African countries will pay $74-billion in debt service payments this year, which is a sharp increase from $17-billion in 2010, and the continent's economic potential is being undermined by... 


Outa demands information on Sanral, Ceta tenders
24th April 2024 By: Darren Parker

Nonprofit watchdog the Organisation Undoing Tax Abuse (Outa) has accused the South African National Roads Agency Limited (Sanral) and the Construction Education and Training Authority (Ceta) of... 


TNPA issues RfP for Cape Town port liquid bulk terminal
24th April 2024 By: Schalk Burger

State-owned Transnet National Ports Authority (TNPA) has issued a request for proposals (RfP) for the appointment of a terminal operator to acquire, operate, maintain, refurbish or build and... 


South Africa advised by World Bank on climate insurance, contingency fund options
24th April 2024 By: Bloomberg

The World Bank is advising South Africa’s National Treasury on a climate risk strategy after floods in recent years caused billions of dollars of damage. The country may take out climate insurance... 


Successes, learnings on employee share ownership plans marked
23rd April 2024 By: Tasneem Bulbulia

Employee share ownership plans (ESOPs) or worker share ownership programmes have enjoyed several successes in South Africa, especially gaining traction in the past five years, and this needs to... 


IEA expects another record year for EVs in 2024, but sales remain concentrated
23rd April 2024 By: Terence Creamer

The International Energy Agency (IEA) expects electric vehicle (EV) sales to rise to a record 17-million in 2024, representing more than one in every five passenger cars sold, but with sales likely... 


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Budget

Innovative interventions needed to turn around underperforming growth trajectory – Agbiz
22nd February 2024

Against the backdrop of a profoundly challenging macroeconomic environment where South Africa’s economy is expected to continue underperforming, averaging at 1.6% growth in the next three years,... 


Fiscal discipline in Budget, but 5% infrastructure expenditure increase ‘barely positive’ – Minerals Council
22nd February 2024

Finance Minister Enoch Godongwana maintained focus on fiscal discipline and balancing the need to address socioeconomic challenges facing the country, industry organisation Minerals Council South... 


DBSA’s new Project Vumela financing instrument to help municipalities fund bulk infrastructure investment
21st February 2024

Development finance institution Development Bank of Southern Africa (DBSA) has introduced a new financing instrument called Project Vumela, which blends municipal revenue sources with financing... 


Competition Policy

Tribunal says it confirms settlement agreement with furniture removal companies
20th March 2024

The Competition Tribunal reports that furniture removal companies Stuttafords Van Lines and Pickfords Removals SA have admitted to involvement in a furniture removal cartel and agreed to pay an... 


Competition Commission to tackle economic concentration by large companies, Ramaphosa promises
20th March 2024

Government will be setting a target for the Competition Commission to undertake market inquiries in more strategic sectors of the economy over the next few years to address high levels of economic... 


CAC decision on Sasol pricing opens way for Competition Commission to pursue prosecution
6th March 2024

The Competition Appeal Court's (CAC's) decision to dismiss chemicals and energy company Sasol's application to review the Competition Commission’s investigation into alleged excessive pricing of... 


Labour

Unions, industry prepare for ‘tough’ talks as metals, engineering negotiations set to get under way
9th April 2024

Trade unions and industry associations expect negotiations at the Metal and Engineering Industries Bargaining Council (MEIBC), which are set to start on April 10, in Boksburg, to be tough. Trade... 


CDE criticises govt’s lack of ambition in its job creation strategy
8th April 2024

South Africa faces an unemployment crisis, and the African National Congress’ (ANC’s) manifesto promise of 3.5-million work opportunities, is considerably inadequate to address this, independent... 


Old govt buildings to be converted into homes for State employees
5th April 2024

Human Settlements Minister Mmamaloko Kubayi wants to convert old and unused government buildings into residential properties for government employees. She said this was part of an effort to do away... 


Legislative Environment

Public consultation key part of law development, but often overlooked – Mavuso
15th April 2024

Following last week’s withdrawal of proposed new visa regulations that would have eased the way for skilled workers to come to South Africa, business organisation Business Leadership South Africa... 


Treasury calls for comments on draft money laundering regulation amendments
10th April 2024

Finance Minister Enoch Godongwana has invited public comments and written submissions on draft amendments to the Money Laundering and Terrorist Financing Control Regulations of the Financial... 


CoJ promulgates reviewed municipal planning by-law
9th April 2024

The City of Johannesburg’s (CoJ’s) Development Planning Department has promulgated the recently reviewed municipal planning by-law. The provisions of the reviewed by-law enable the city to simplify... 


Macro & Micro

South Africa aims to set up three JET-aligned skills development zones
24th April 2024

Three Just Energy Transition (JET) skills development zones focusing on renewables and grids, electric vehicles and green hydrogen value chains are proposed for implementation under the larger JET... 


Changing business opportunities, challenges in Zimbabwe highlighted
24th April 2024

Zimbabwe is undergoing change and aims to attract more companies to do business in the country, but risks and challenges remain for businesses aiming to capitalise on the opportunities in the... 


PepsiCo Bašumi Trust wins awards at employee share ownership conference
24th April 2024

Beverage multinational PepsiCo South Africa's employee share ownership programme Bašumi Trust has received the best governance policies and the most innovative funding model awards at the... 


State Companies

TNPA issues RfP for Cape Town port liquid bulk terminal
24th April 2024

State-owned Transnet National Ports Authority (TNPA) has issued a request for proposals (RfP) for the appointment of a terminal operator to acquire, operate, maintain, refurbish or build and... 


Nelson Mandela University-led consortium to develop green hydrogen feasibility study
22nd April 2024

A consortium led by Nelson Mandela University and boutique consultancy firm Ikigai Group has won a UK Government grant under the South Africa-UK Partnering for Accelerated Climate Transitions... 


NTCSA begins consultations on market code to govern shift towards competitive electricity industry
19th April 2024

With the National Transmission Company South Africa (NTCSA) currently scheduled to be operationalised in July and efforts under way to ensure that the Electricity Regulation Act (ERA) Amendment... 


Statistical Releases

Treasury welcomes IMF report ranking SA top 3 in fiscal transparency
16th April 2024

The International Monetary Fund’s (IMF’s) Fiscal Transparency Evaluation Report has placed South Africa in the top three countries in terms of transparent fiscal practices, which National Treasury... 


88% of global fossil fuel, cement CO2 emissions linked to 117 producers
4th April 2024

A new report, released on April 4 by InfluenceMap using the Carbon Majors database, shows that 88% of global carbon dioxide (CO2) emissions from fossil fuels and cement from 2016 through 2022 can... 


Policy uncertainty edging further into negative territory ahead of elections, report shows
3rd April 2024

The North-West University Business School Policy Uncertainty Index veered further into negative territory in the first quarter, at 65.8 index points, compared with the 65.5 index points recorded... 


Tourism

Avis partners with CemAir on new land-and-air travel offering
8th March 2024

Car rental company Avis Car Rental has entered into a partnership with airline CemAir, as part of its commitment to delivering enhanced travel experiences for customers. Central to the partnership... 


SADC Tourism Alliance disaster risk management workshop to help businesses recover faster
6th March 2024

Regional tourism organisation the Southern African Development Community (SADC) Business Council Tourism Alliance has completed a two-day train-the-trainer workshop on tourism disaster risk... 


Rhino poaching in South Africa increases in 2023
27th February 2024

South Africa recorded 499 rhinos poached in 2023, 51 more than the previous year, despite efforts to protect the animals, the government said on Tuesday. South Africa is home to nearly half of the... 


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