Siphelele Dludla

Content Manager: Business Report

Africa urged to seize global trade upheaval to drive industrialisation, says Afreximbank

Siphelele Dludla|Published

Afreximbank's African Trade Report 2026 highlights how Africa can turn geopolitical tensions and global trade disruptions into opportunities for industrialisation ...

Mashatile courts Chinese medical technology giant Mindray to expand investment in SA

Siphelele Dludla|Published

Deputy President Paul Mashatile encourages Chinese medical technology firm Mindray to expand its operations in South Africa, focusing on local manufacturing and ...

Watch VideoUN warns global drug trade is rapidly evolving as traffickers exploit technology and instability

Siphelele Dludla|Published

Discover how organised crime groups are adapting to new technologies and geopolitical shifts in the global drug market, as highlighted in the UNODC's World Drug ...

PIC backs Bambili Energy as hydrogen investment targets 1,200 jobs and beneficiation

Siphelele Dludla|Published

The Public Investment Corporation's investment in Bambili Energy marks a significant step towards advancing South Africa's hydrogen economy, promising job creation, ...

Samancor reprieve raises hopes for ferrochrome sector as unions call for urgent action

Siphelele Dludla|Published

Trade union Solidarity praises Samancor Chrome's decision to halt retrenchments and restart smelter operations, highlighting the role of competitive electricity ...

Automotive Industry Development Centre Eastern Cape suspends CEO amid governance investigation

Siphelele Dludla|Published

The CEO of the Automotive Industry Development Centre Eastern Cape, Thabo Shenxane, has been placed on precautionary suspension as investigations into alleged misconduct ...

eThekwini bucks metro trend with unqualified audit, but AG warns of governance failures

Siphelele Dludla|Published

The eThekwini Metropolitan Municipality has achieved an unqualified audit opinion, highlighting its financial strength amidst a backdrop of declining audit outcomes ...

S&P cuts South Africa’s growth forecast as inflation and rate hike risks mount

Siphelele Dludla|Published

S&P Global Ratings has revised South Africa's economic growth forecast for 2026 down to 1.3%, citing inflation, energy costs, and interest rate hikes as key factors ...

Five municipalities fail to submit financial statements as AG warns of accountability crisis

Siphelele Dludla|Published

Despite a record 98% on-time submission rate, five municipalities in South Africa failed to submit their financial statements for audit, highlighting ongoing governance ...

Municipalities spend R1.6bn on consultants despite deepening financial distress, AG warns

Siphelele Dludla|Published

Despite spending R1.61 billion on financial reporting consultants in the 2024/25 financial year, South African municipalities face severe financial challenges, with ...

Auditor-General warns of deepening financial risks in municipalities despite audit gains

Siphelele Dludla|Published

Despite some improvements in audit outcomes, South Africa's local government faces significant challenges, including financial mismanagement and deteriorating performance ...

SA secures R230bn Afreximbank partnership to unlock industrial growth

Siphelele Dludla|Published

Minister Parks Tau's recent visit to Egypt culminates in a significant partnership with Afreximbank, unlocking $14 billion for South Africa's industrialisation and ...

Chinese carmakers tighten grip with nearly 20 percent share on South Africa’s vehicle market

Siphelele Dludla|Published

Chinese automotive brands are rapidly gaining market share in South Africa, capturing nearly 20% of new vehicle sales. This article explores their impressive growth, ...

Standard Bank mobilises R3.45bn for climate-smart agriculture

Siphelele Dludla|Published

Standard Bank Group has mobilised R3.45 billion to support climate-smart agriculture in South Africa, addressing the challenges posed by climate change while promoting ...

Auditor-General raises alarm over Joburg’s financial decline and service delivery risks

Siphelele Dludla|Published

Auditor-General Tsakani Maluleke warns that Johannesburg's financial governance is deteriorating, with significant challenges in service delivery and accountability ...

Reserve Bank says lower inflation, fiscal reform key to reducing South Africa’s borrowing costs

Siphelele Dludla|Published

Rashad Cassim, Deputy Governor of the South African Reserve Bank, highlights the importance of financial markets and the government bond yield curve in shaping monetary ...

Reserve Bank moves to regulate cross-border payment facilitators amid e-commerce growth

Siphelele Dludla|Published

The South African Reserve Bank is set to introduce a regulatory framework for cross-border payment facilitators, enhancing oversight and consumer protection in the ...

AfCFTA key to unlocking Africa’s trade and investment potential, Afreximbank report finds

Siphelele Dludla|Published

The African Export-Import Bank's latest report highlights the urgent need for Africa to diversify its economies, enhance regional integration, and invest in critical ...

Rising fuel costs, interest rates erode household finances as consumer confidence nosedives

Siphelele Dludla|Published

South African households are grappling with financial uncertainty as soaring fuel prices and economic challenges lead to a significant drop in consumer confidence, ...

Tech Credit Fund backs Accelerit fibre expansion in underserved communities

Siphelele Dludla|Published

Tech Credit Fund has announced a significant investment in Accelerit Technologies to enhance fibre and wireless broadband networks in underserved South African communities, ...

Oil price falls near 3-months low as US-Iran agreement raises hopes of supply recovery

Siphelele Dludla|Published

Brent crude oil prices have fallen below $77 a barrel, reaching their lowest point in nearly three months, as markets respond to a new agreement between the US and ...

ITAC recommends higher anti-dumping duty on Chinese plastic imports to protect local industry

Siphelele Dludla|Published

The International Trade Administration Commission of South Africa has recommended a significant increase in anti-dumping duties on polyethylene terephthalate imports ...

Envision Energy opens Cape Town office to strengthen SA’s renewable energy transition

Siphelele Dludla|Published

Envision Energy has launched its South African office in Cape Town, marking a significant step in its commitment to renewable energy development across Africa. The ...

ITAC moves to impose provisional anti-dumping duties on Mozambican steel pipe imports

Siphelele Dludla|Published

South Africa's trade authorities have initiated provisional anti-dumping duties on steel pipes imported from Mozambique, following a significant increase in imports ...

Harmony Gold employee killed in seismic fall-of-ground incident at Moab Khotsong mine

Siphelele Dludla|Published

Harmony Gold confirms the death of an employee due to a seismicity-related incident at its Moab Khotsong mine, prompting an investigation into safety protocols.