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The FNB/BER Building Confidence Index dropped by 16 points to 27 in the first quarter of this year, from 43 in the fourth quarter of 2023, and four of the six sectors surveyed recorded a decline in...
While the gross domestic product (GDP) growth for the fourth quarter of 2023 was 0.1%, growth was negative in terms of GDP per capita, given that population growth is outpacing it. "We have been...
As government garners public comment on key proposed amendments to legislation governing public-private partnerships (PPPs), Infrastructure Finance Advisory Institute director Bongani Mankewu says...
President Cyril Ramaphosa noted on Monday that Eskom, under the leadership of its new Group CEO, is finalising an agreement with business to deploy additional independent skilled experts to support...
US Deputy Treasury Secretary Wally Adeyemo will visit South Africa next week, a Treasury spokesperson told Reuters, where he will seek to advance the economic relationship between the two countries...
US Department of State acting deputy assistant secretary in the Bureau of African Affairs David Gainer argued that Zimbabwe’s economic woes are not because of US sanctions, but because of the...
A swathe of Southern Africa suffered the driest February in decades that wiped out crops, precipitated power shortages and threatened to send already high food prices surging further. Last month,...
Minister of Public Enterprises, Pravin Gordhan, will retire after this year's general elections on May 29, he told Reuters on Friday. Gordhan oversees State entities including struggling power...
South Africa’s current-account deficit widened more than expected in the fourth quarter of 2023, as dividend and interest payments to foreign investors resulted in the biggest outflow since the...
Employers need to strive to provide purpose at the heart of their operations, as employees scrutinise how well their organisation is looking after the workforce and doing the right thing by society...
South Africa's current account deficit widened sharply in the fourth quarter of 2023 to 2.3% of gross domestic product (GDP) from a revised 0.5% of GDP in the third quarter, central bank data...
Following its recent success in securing new public and private power purchase agreements, Pele Green Energy (PGE) is already having to consider additional funding options beyond the pioneering...
The Rand Merchant Bank/Bureau for Economic Research (RMB/BER) Business Confidence Index (BCI) ticked down by one point to reach 30 in the first quarter, indicating that business conditions...
Government and business have set a goal of increasing South Africa’s electricity generation capacity by 10.6 GW by the end of 2025 as part of ongoing collaborative efforts to tackle growth-sapping...
The Standing Committee on Public Accounts and the Special Investigating Unit have assured that the Eskom intelligence report and the National Skills Fund matters will be flagged for consideration...
The Directorate for Priority Crime Investigation, also known as the Hawks, was given a new fleet of cars last month to improve its response time and broaden the national footprint of the...
Auditing firm PwC has released its ‘Building Public Trust through Tax Reporting’ publication, which outlines the importance of tax in the business operating environment and look at why tax is...
South Africa’s economy escaped a technical recession in the fourth quarter as fewer rotational power cuts helped energy-intensive industries including mining and manufacturing rebound. Gross...
South African private sector activity expanded in February for the first time in six months as staffing and purchasing levels increased amid stronger confidence, a survey showed on Tuesday. The S&P...
South African imports of solar panels, lithium-ion batteries and inverters climbed to a record $3.8-billion last year, or about R70-billion, while imports of wind turbines began to recover...
JSE-listed diversified services, trading and distribution company Bidvest recorded an 8.8% year-on-year increase in revenue to R62.2-billion andan 11.8% increase in trading profit to R6.5-billion...
Once again policy inaction and government’s inability to commit to large-scale investment will lead to a new blow to energy availability in the economy, with the looming natural gas cliff from...
Continental trade bloc the African Continental Free Trade Area (AfCFTA) aims to integrate regional trade blocs to unlock synergies to drive more intra-African trade and enable countries to derive...
To support the development of critical skills within the water and energy sector, the Energy and Water Sector Education and Training Authority (EWSETA) is developing and implementing specialised...
National Treasury director-general Dr Duncan Pieterse says the reforms being proposed to facilitate greater private sector investment into infrastructure could obviate the need to introduce a...
Financial services firm Absa's Purchasing Managers Index (PMI) increased to 51.7 points in February, from 43.6 in January, but business activity remains subdued. Of the five subcomponents of the...
Deputy Minister of Small Business Development Dipuo Peters has been suspended for one month, without pay, by President Cyril Ramaphosa, following a sanction from Parliament’s Joint Committee on...
Trade statistics for January, released by the South African Revenue Services on February 29, show a preliminary trade deficit of R9.4-billion, an improvement from the R24.4-billion trade deficit...
India and South Africa have filed a formal objection against an investment agreement at a World Trade Organization (WTO) meeting in Abu Dhabi, blocking its adoption in a move that observers say...
Merger and acquisition (M&A) activity in Africa experienced a sharp decline in 2023 compared with 2022, but there are signs of improvement for this year. Key factors that contributed to the...
The 11 political parties that are members of the Multi-Party Charter (MPC) for South Africa have voiced a unified plan to end loadshedding once and for all if only they could collectively oust...
Africa's public debt will stay above pre-pandemic levels in 2024 and 2025, with many countries still at risk of falling into debt distress as they continue to struggle to service international...
JSE-listed AECI, which is undergoing far-reaching restructuring to re-focus on its core mining and chemicals businesses and reduce debt, reports strong initial interest in the six noncore companies...
The South African Department of Employment and Labour announced on Wednesday that it had signed a Joint Declaration of Interest (JDI) with Germany’s Labour and Social Affairs Department. The JDI...
South Africa’s technical and vocational education and training (TVET) colleges are not in a good state, Energy and Water Sector Education and Training Authority (Ewseta) CEO Mpho Mookapele has...
The Energy and Water Sector Education and Training Authority (Ewseta) has said it cannot accurately determine critical skills needs in the sector because industry participants do not accurately...
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