Afreximbank launches border market strategy to revolutionise intra-African trade ahead of IATF2025

Siphelele Dludla|Published

Afreximbank unveils a new border market strategy aimed at reducing costs and enhancing efficiency in intra-African trade, leveraging technology to modernise border ...

Cabinet vows to tackle manufacturing and logistics woes amid dwindling economic growth

Siphelele Dludla|Published

Cabinet expresses concern over South Africa's manufacturing downturn, pledging to implement structural reforms to address the logistics crisis and the looming threat ...

Steenhuisen calls for building trust in SA red meat industry through rigorous standards

Siphelele Dludla|Published

Minister of Agriculture John Steenhuisen outlines the importance of strict traceability and biosecurity measures in South Africa's red meat industry, amidst challenges ...

South Africa's mining industry faces stark declines amid global uncertainty

Siphelele Dludla|Published

South Africa's mining industry continues to struggle, with April's production figures showing a significant decline. This downturn, driven by falling output in key ...

Vaping industry calls for smarter nicotine policies as smoking rates surge in South Africa

Siphelele Dludla|Published

As South Africa faces rising tobacco smoking rates, the vaping industry calls for a shift in nicotine policy to support harm reduction and consumer access to safer ...

South Africa's rental market sees strongest growth as average rental stays above R9 100

Siphelele Dludla|Published

The South African residential rental market has kicked off 2025 with a remarkable 5. 6% growth in average national rents, signalling a recovery in the sector amidst ...

BankservAfrica Economic Transactions Index rebounds, signalling hope for South Africa

Siphelele Dludla|Published

After months of stagnation, South Africa's economy shows signs of recovery as the BankservAfrica Economic Transactions Index rebounds in May, sparking cautious optimism ...

Employer groups seek urgent interdict against Employment Equity regulations

Siphelele Dludla|Published

Neasa and Sakeliga have notified the Minister of Employment and Labour of their intent to seek an urgent interdict against new Employment Equity regulations, citing ...

Macroeconomic uncertainty drags South Africa's manufacturing sector into deep decline

Siphelele Dludla|Published

Economists warn that South Africa's manufacturing sector is struggling due to macroeconomic uncertainty, with output falling for six consecutive months. This article ...

Global growth set for slowest pace since 2008 as trade tensions rise - World Bank

Siphelele Dludla|Published

The World Bank's latest report warns of a significant economic slowdown, projecting global growth to reach its slowest pace since 2008. With rising trade tensions ...

Max Oliva steps down as SPAR South Africa CEO after 30 years at the helm

Siphelele Dludla|Published

Max Oliva announces his departure as CEO of SPAR South Africa after 30 years, paving the way for Angelo Swartz to lead the company during a period of growth

Sharp decline in building confidence index clouds South African construction outlook

Siphelele Dludla|Published

"The FNB/BER Building Confidence Index has dropped to 36, signalling serious challenges in the construction sector, particularly in the residential market. This ...

Competition Commission recommends approval of Barloworld's R23bn acquisition

Siphelele Dludla|Published

Newco on Monday said the recommended conditions principally relate to its commitment as stated in the PIC undertaking announcement to implement a 13. 5% broad-based ...

Cautious optimism in South Africa over new laws for Elon Musk's Starlink

Siphelele Dludla|Published

South Africa's Minister of Communications proposes changes to Black Economic Empowerment policies, potentially allowing Elon Musk's Starlink to operate without the ...

Sibanye-Stillwater mineworkers safely return to surface after shaft incident at Kloof 7

Siphelele Dludla|Published

Sibanye-Stillwater confirms the safe return of all 260 employees from the Kloof 7 sub-shaft after a malfunction incident, emphasising their unwavering commitment ...

SA tourism industry pushes back on safety amidst crime narrative from Trump admin

Siphelele Dludla|Published

Amidst rising concerns over crime in South Africa, the tourism industry defends the country’s safety and hospitality, highlighting the positive experiences of millions ...

Transnet gets R51 billion government guarantee boost to continue with recovery plan

Siphelele Dludla|Published

Transport Minister Barbara Creecy has approved a R51 billion guarantee facility for Transnet, aimed at supporting its capital investment programme and addressing ...

Godongwana addresses complexities of budget formulation in challenging political climate

Siphelele Dludla|Published

Finance Minister Enoch Godongwana outlines the challenges faced in formulating South Africa's 2025 Budget amidst a fragmented political landscape, highlighting the ...

Treasury slashes early retirement funding, limiting programme to 15 000 workers

Siphelele Dludla|Published

The National Treasury has significantly reduced the budget for the early retirement programme aimed at civil servants, revising it from R11 billion to R5. 5 billion. ...

Financial markets cheer as South Africa tables its National Budget after third attempt

Siphelele Dludla|Published

The National Treasury plans to cut R68 billion in government spending over the next three years, as outlined by Finance Minister Enoch Godongwana in the 2025 Budget ...

Economists caution against optimism in Treasury's 2025 Budget Review

Siphelele Dludla|Published

The National Treasury has significantly lowered South Africa's GDP growth forecast for 2025, citing a weaker global outlook and increased trade frictions.

Godongwana cuts R68bn from government spending as VAT remains at 15%

Siphelele Dludla|Published

The National Treasury plans to cut R68 billion in government spending over the next three years, as outlined by Finance Minister Enoch Godongwana in the 2025 Budget ...

Government debt projected to hit R6 trillion as South Africa borrows R1. 6 billion daily

Siphelele Dludla|Published

South Africa's public debt is set to rise dramatically, with the government borrowing R1. 6 billion daily amid increasing spending demands. This article explores ...

Treasury slashes SA's GDP forecast for 2025 by 0. 5 percentage points on global headwinds

Siphelele Dludla|Published

The National Treasury has significantly lowered South Africa's GDP growth forecast for 2025, citing a weaker global outlook and increased trade frictions.

Spending habits shift as South Africans adapt to a value-conscious market

Siphelele Dludla|Published

Discover the latest insights from the Absa Merchant Spend Analytics Report for Q1 2025, revealing a cautious consumer mindset in South Africa as card spending growth ...