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Economy

Saudi, Johannesburg stock exchanges partner to advance new instruments, market access
3rd May 2024 By: Marleny Arnoldi

The JSE has signed a memorandum of understanding (MoU) with Saudi Tadawul Group (STG), aimed at enhancing financial market collaboration and bolstering economic ties between South Africa and Saudi... 


Next South African government has tough reform job, Moody’s says
3rd May 2024 By: Bloomberg

South Africa may struggle to make much more progress on resolving the country’s longstanding challenges if a coalition government emerges after elections this month, Moody’s Investors Service... 


Reigniting growth in South Africa's real economy
3rd May 2024 By: Creamer Media Reporter

Engineering News editor Terence Creamer talks about the highs and lows of South Africa's real economy in the 30 years of democracy, as well as what could be done to reignite the manufacturing... 


Biofibre project to enhance competitiveness
3rd May 2024 By: Simone Liedtke

Government economic programme Coega Development Corporation, in partnership with scientific and technology research organisation Council for Scientific and Industrial Research (CSIR) have embarked... 


Short-term insurance product extended to SMMEs
3rd May 2024 By: Simone Liedtke

The State-owned Export Credit Insurance Corporation of South Africa (ECIC) has significantly expanded its mandate to support manufacturing projects, with a notable enhancement through the... 


RAF launches campaign to deal with unfinalised claims
2nd May 2024 By: Sabrina Jardim

Amid a current backlog of around 321 000 unfinalised claims, the Road Accident Fund (RAF) has launched a campaign to reduce claims submitted before April 2021 that have yet to be finalised. The... 


City of Joburg working on 'innovative measures’ to reduce power outages, promises Mayor Gwamanda
2nd May 2024 By: Thabi Shomolekae

City of Johannesburg mayor Kabelo Gwamanda announced on Thursday that the City intends to add an additional 50 MW of power to its grid by bringing online the Durban Street Substation, in the next... 


Absa PMI rises to 54 in April on the back of improved business activity
2nd May 2024 By: Creamer Media Reporter

The seasonally adjusted Absa Purchasing Managers’ Index (PMI) improved to 54 in April, following a dip to 49.2 – below the neutral 50-point mark – in March, on the back of improved business... 


Showroom

Environmental Assurance (Pty) Ltd.
Environmental Assurance (Pty) Ltd.

ENVASS is a customer and solutions-driven environmental consultancy with established divisions, serviced by highly qualified and experienced...

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Weir Minerals Africa and Middle East
Weir Minerals Africa and Middle East

Weir Minerals Europe, Middle East and Africa is a global supplier of excellent minerals solutions, including pumps, valves, hydrocyclones,...

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Booyco Electronics
Booyco Electronics

Booyco Electronics, South African pioneer of Proximity Detection Systems, offers safety solutions for underground and surface mining, quarrying,...

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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 approves Afrimat, Lafarge merger with conditions
10th April 2024

The Competition Tribunal has conditionally approved the proposed large merger wherein Afrimat intends to acquire the entire issued share capital of Lafarge South Africa Holdings.   The tribunal’s... 


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... 


Labour

Transnet aims to defend its decision to partner with ICTSI at the DCT
29th April 2024

State-owned Transnet has defended its decision to select Phillipines-based International Container Terminal Services Inc (ICTSI) as the preferred bidder for the establishment of a partnership to... 


Some uncertainties remain around incoming visa regime changes
25th April 2024

Government is changing the way the South African visa system works and immigration law experts have lauded this positive step to enable more foreign skilled labour into the country, but they stress... 


Nehawu has called a strike at the Dube TradePort at King Shaka International Airport
18th April 2024

The Dube TradePort Corporation, an agency of the KwaZulu-Natal provincial government, has announced that 112 employees, members of the Nehawu trade union, have gone on strike. The workers work in... 


Legislative Environment

CER lauds enactment of Climate Change Bill, says related policies should also be collaborative
30th April 2024

With the National Council of Provinces having passed the Climate Change Bill and it nearing official promulgation, nonprofit organisation the Centre for Environmental Rights (CER) has stressed the... 


Mavuso encouraged by restored business, govt relations following turbulent Zuma reign
29th April 2024

Ahead of South Africa’s national elections on May 29, Business Leadership South Africa CEO Busi Mavuso says regardless of changes to government, the facts of what businesses need to thrive do not... 


Transnet aims to defend its decision to partner with ICTSI at the DCT
29th April 2024

State-owned Transnet has defended its decision to select Phillipines-based International Container Terminal Services Inc (ICTSI) as the preferred bidder for the establishment of a partnership to... 


Macro & Micro

Next South African government has tough reform job, Moody’s says
3rd May 2024

South Africa may struggle to make much more progress on resolving the country’s longstanding challenges if a coalition government emerges after elections this month, Moody’s Investors Service... 


Reigniting growth in South Africa's real economy
3rd May 2024

Engineering News editor Terence Creamer talks about the highs and lows of South Africa's real economy in the 30 years of democracy, as well as what could be done to reignite the manufacturing... 


Short-term insurance product extended to SMMEs
3rd May 2024

The State-owned Export Credit Insurance Corporation of South Africa (ECIC) has significantly expanded its mandate to support manufacturing projects, with a notable enhancement through the... 


State Companies

Biofibre project to enhance competitiveness
3rd May 2024

Government economic programme Coega Development Corporation, in partnership with scientific and technology research organisation Council for Scientific and Industrial Research (CSIR) have embarked... 


Short-term insurance product extended to SMMEs
3rd May 2024

The State-owned Export Credit Insurance Corporation of South Africa (ECIC) has significantly expanded its mandate to support manufacturing projects, with a notable enhancement through the... 


RAF launches campaign to deal with unfinalised claims
2nd May 2024

Amid a current backlog of around 321 000 unfinalised claims, the Road Accident Fund (RAF) has launched a campaign to reduce claims submitted before April 2021 that have yet to be finalised. The... 


Statistical Releases

South Africa inflation slows slightly more than expected in March
17th April 2024

South Africa's headline consumer inflation fell to 5.3% year on year in March from 5.6% in February, statistics agency data showed on Wednesday. Analysts polled by Reuters had forecast that... 


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... 


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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