South African central bank Governor Lesetja Kganyago welcomed the reappointment of Finance Minister Enoch Godongwana in the new coalition cabinet unveiled by the president this week. “We still have... 

With industrial policy back in fashion in many economies, business and policy specialists expect new Trade, Industry and Competition Minister Parks Tau to prioritise measures to support key... 

Industry organisation Consulting Engineers South Africa (Cesa) says it looks forward to working with new Public Works and Infrastructure Minister Dean Macpherson. “We trust [he] will be more... 

The Absa Purchasing Managers’ Index (PMI) increased by 1.9 points to 45.7 points in June, from 43.8 in May, but remained below the 50-point mark. Following a strong start to the second quarter,... 

The decision to establish a separate energy portfolio with the African National Congress’s Dr Kgosientsho Ramokgopa as Minister and the Democratic Alliance’s Samantha Graham as Deputy Minister has... 

Business organisations have responded to President Cyril Ramaphosa’s announcement of a final agreement for a Government of National Unity (GNU) and the new Cabinet, with consensus that an... 

South African President Cyril Ramaphosa announced his new Cabinet, allocating ministerial posts to opposition politicians while retaining close ally Enoch Godongwana as finance minister. The... 

Diversified consumer and engineering products group Hudaco has faced a challenging start to the 2024 financial year, with the reduction in loadshedding negatively impacting on some of its... 

Global mergers and acquisitions (M&A) activity grew at a sluggish pace in the second quarter, yet many dealmakers are upbeat, forecasting transactions will pick up in the second half of 2024.... 

Engineering News editor Terence Creamer discusses the issues tackled during Phase 1 of Operation Vulindlela and the successes achieved thus far; the likelihood of Operation Vulindlela continuing as... 

In May, for the third month in a row, South African food and non-alcoholic beverage (NAB) inflation, hereafter to be referred to simply as food inflation, ran at a level below that of consumer... 

South Africa achieved its first primary budget surplus in 15 years as it took a stern approach to funding State-owned companies that have drained government finances. Africa’s most-industrialised... 

South Africa recorded foreign direct investment inflows of R24.4-billion in the first quarter of 2024, up from a revised R2.5-billion in the previous quarter, central bank data showed on Thursday.... 

South Africa's consumer confidence improved slightly in the second quarter due to fewer hours of loadshedding and a drop in fuel and food prices, but uncertainty around national elections kept some... 

A clear and certain legislative framework is critical for enabling sustainability and green energy investments in South Africa going forward, especially given the changes taking place in government... 

With the expiry of the Africa Growth and Opportunity Act 15 months away, South Africa is continuing to call for an early and substantial extension of the preferential trade arrangement, which has... 

The North West University (NWU) Business School’s Policy Uncertainty Index (PUI) moved further into negative territory in the second quarter, rising to 68.3 points, compared with 65.8 in the first... 

The ‘second wave’ of government’s Operation Vulindlela initiative is poised to be widened to include additional structural reforms to those that have been pursued to date in electricity, freight... 

The City of Cape Town has secured a further R3.5-billion in financing towards its plans to spend a record amount on infrastructure investment over the three years to 2027. Mayor Geordin Hill-Lewis... 

Re-elected President Cyril Ramaphosa’s promise to build a government that is “capable and honest” will depend on new Ministers being able to put party politics aside and focus on getting the job... 

The Agricultural Business Chamber of South Africa (Agbiz) and Industrial Development Corporation’s Agribusiness Confidence Index (ACI) reached a 15-year low of 38 points in the second quarter of... 

Cement company PPC has reported a 20.6% year-on-year increase in revenue to about R10-billion for the financial year ended March 31, compared with the R8.3-billion in revenue reported for the prior... 

Nasdaq-listed Zebra Technologies has found that 61% of manufacturers expect AI to drive growth in the sector by 2029, up from 41% in 2024. These findings are part of Zebra’s ‘2024 Manufacturing... 

Ahead of President Cyril Ramaphosa’s much anticipated new Cabinet appointments, the Organisation Undoing Tax Abuse is urging him not to reappoint Minister of Mineral Resources and Energy Gwede... 

As Russian President Vladimir Putin and Chinese Premier Li Qiang wrapped up separate meetings in Southeast Asia this week, the two partners in the BRICS economic bloc encountered a region keen to... 

In February, the National Treasury asked for public comments to be submitted in respect of the newly drafted amendments to the National Treasury Regulations (NTR) 16, and key elements of municipal... 

The High Court has found in favour of Sasol Oil and TotalEnergies in relation to a long-running dispute with Transnet over pipeline tariffs from Durban to the Natref refinery and has awarded... 

The City of Tshwane is signalling its intention to proceed with plans to procure and/or revive 1 000 MW of electricity generation capacity by 2026 as part of a strategy aimed at improving security... 

“The formation of a government of national unity is a moment of profound significance. It is the beginning of a new era.” This was the statement made by Cyril Ramaphosa in his inaugural speech, at... 

South African inflation was stable in May, data showed on Wednesday, but analysts do not expect interest rate cuts any time soon as it remains above the central bank's desired level. Headline... 

Botswana's economy may fall short of the government's 4.2% growth target for this year, a senior central bank official said on Tuesday, citing global and domestic constraints. Finance minister... 

Malaysian Prime Minister Anwar Ibrahim said that the Southeast Asian nation will join the BRICS economic bloc, becoming the latest country to take part in an expanding group seen challenging the... 

South Africa's Reserve Bank is seen waiting until November before it cuts its repo rate as economists continue to roll back their expectations when policy easing kicks off in response to slowing... 

JSE-listed self-storage real estate investment trust Stor-Age has reported robust financial results for the 2024 financial year ended March 31, showcasing significant growth in rental rates and... 

S&P Global Ratings does not expect any significant policy shift as a result of South Africa's government of national unity (GNU) formed following the May 29 elections when the African National...