In a media statement release last month industry representative The Beverage Association of South Africa (BevSA) on behalf of the industry, said it welcomes Finance Minister Enoch Godogwana 2023... 

South African Fruit and Vegetables Canners Export Council (SAFVEC) GM Jill Atwood-Palm says the Gulfood Exhibition that took place in Dubai, in the United Arab Emirates (UAE), from February 20 to... 

While JSE-listed diversified services, trading and distribution group Bidvest delivered a robust set of results for the six months ended December 31, 2022, CEO Mpumi Madisa believes it would have... 

Global energy-related carbon dioxide (CO2) emissions increased by less than 1% in 2022, according to new analysis published by the International Energy Agency (IEA). The ‘CO2 Emissions in 2022’... 

Tile company Italtile has delivered underwhelming results for the six months to December 31, 2022, with the group’s trading profit 8% lower year-on-year to R1.4-billion, while operating costs... 

The South African Local Government Association (Salga) has expressed hopes that President Cyril Ramaphosa will address municipal debt recovery, local government funding and the energy crisis as... 

Ahead of President Cyril Ramaphosa’s yearly State of the Nation Address (SoNA) on February 9, Organisation Against Tax Abuse (Outa) CEO Wayne Duvenage has warned that empty promises will only... 

Global macroeconomic conditions have become increasingly uncertain with the persistence of multiple shocks that make policymaking and investment decisions very challenging, African Development Bank... 

Financial services provider Absa’s seasonally-adjusted Purchasing Managers’ Index (PMI) rose for a third month to reach 53.1 index points in December, slightly up from the 52.6 points recorded in... 

Power utility Eskom has decided to delay the start of the planned maintenance shutdown of Koeberg Unit 1 to allow time to stabilise the power system and recover some generation capacity. The unit... 

The World Economic Forum (WEF) and the National University of Singapore Business School say 67% of executives from small- and medium-sized enterprises (SMEs) cite survival and expansion as their... 

South Africa's unreliable power supply and its high level of government debt are two of the main risks to its financial stability, the country's central bank said on Tuesday. Africa's most... 

The official unemployment rate declined further to 32.9% in the third quarter of 2022, from 33.9% in the second, Statistics SA reported on Tuesday. Unemployment hit a record high of 35.3% in the... 

An index measuring South African economic transactions fell to a 10-month low in October after a strike at the State-owned port and rail operator hobbled exports, suggesting a weak start to the... 

Statistics South Africa (Stats SA) on November 15 commemorated the global population having reached eight-billion, with the eight-billionth person born in the Philippines that morning. The global... 

With South Africa’s unemployment rate having improved by 0.6 of a percentage point to 33.9% in the second quarter, Standard Bank CEO Sim Tshabalala has said the country’s economy may well have... 

Nonprofit Organisation Against Tax Abuse (Outa) has called into question the truthfulness and accuracy of the South African National Roads Agency Limited’s (Sanral’s) claim on October 26 that... 

JSE-listed real estate investment trust (Reit) Octodec Investments has reported a material reduction in vacancies in the residential and industrial sectors for the financial year ended August 31,... 

The second part of the ‘Off-Grid Solar Market Trends Report 2022’, published on October 19 at the Global Off-Grid Solar Forum and Expo in Rwanda, has projected that 624-million people will be... 

The results of the third yearly Africa CEO Trade Survey, run by the Pan-African Private Sector Trade and Investment Committee (Paftrac) and African Business magazine have shown “huge support” for... 

South Africa is returning to pre-Covid-19 levels of economic growth, according to the latest ‘KPMG Global Economic Outlook’ report. The global economic research and consulting firm said on... 

In South Africa, only about 13% of textiles are recycled at all, while less than 1% is recycled back into clothing, environmental services company Pinpoint Sustainability director Nicola Jenkin... 

Consumer inflation cooled slightly in August, to 7.6% from 7.8% in July – thanks mostly to lower fuel prices. But food prices remained red hot. The monthly change in the consumer price index was... 

State-owned Airports Company South Africa (ACSA) reported a loss of R1-billion for the 2021/22 financial year, which is an improvement on the R2.6-billion loss reported in the previous financial... 

A mere 10% increase in manufacturing investment in South Africa would result in a gross domestic product (GDP) contribution increase of 13% in South Africa, along with a 9% increase in fiscal... 

Following the economic upsets caused by the pandemic and the ensuing lockdowns since 2020, services, trading and distribution group Bidvest has reported strong results for the financial year ended... 

President Cyril Ramaphosa said on Monday that while the country’s economy takes time to recover and while the reform programme is implemented, government will continue to pursue a range of... 

Financial institution Absa’s seasonally adjusted Purchasing Managers’ Index (PMI) rose to 52.1 points in August from 47.6 in July. Following a tough start to the third quarter, an easing in the... 

Annual consumer inflation reached its highest level in 13 years, increasing to 7.8% in July from 7.4% in June. The increase was in line with economists' forecasts. The consumer price index rose by... 

State-owned development finance institution Development Bank of Southern Africa (DBSA) has reported a record R3.8-billion net profit for the financial year ended March 31, showing a profitability... 

The office sector is still under pressure, with the recovery thereof being wholly dependent on good economic growth, JSE-listed Emira Property Fund COO Ulana van Biljon said on August 17. Until... 

JSE-listed logistics company OneLogix has advised its shareholders to expect a drop of between 60% and 80% year-on-year in earnings a share to between 2.5c and 5c for the financial year ended May... 

JSE-listed paper and plastic packaging manufacturer Mpact has reported an improved trading performance for the six months ended June 30, with group revenue for the period having increased by 5.2%... 

Pulp and paper producer Sappi has reported record earnings before interest, taxes, depreciation and amortisation (Ebitda) of $371-million – excluding special items – for its third fiscal quarter... 

The repo rate has been hiked by another 75 basis points on Thursday. This brings the repo to 5.5% and the prime rate to 9%. Three members of the monetary policy committee supported the hike, while...