News Listing

Electricity

After President Cyril Ramaphosa announced an intention to import electricity from neighbouring countries to supplement South Africa's constrained power supply, Botswana wants South Africa to even buy more from it.

Economics

Oil headed for the longest run of monthly gains in more than a decade as European Union (EU) leaders agreed to pursue a partial ban on imports of crude from Russia to increase pressure on Moscow for its invasion of Ukraine.

Economics

2023 will mark two decades since the Broad-Based Black Economic Empowerment (BBBEE) Act was passed, but it’s clear more work still needs to be done, says president Cyril Ramaphosa.

Economics
South Africa’s unemployment rate improves modestly to 34.5% in the first quarter

The official South African unemployment rate has decreased by 0.8 of a percentage point to 34.5% in the first quarter of this year, compared with the unemployment rate of 35.3% in the fourth quarter of 2021.

Business
Ford to invest in green steel, aluminium

Ford Motor Company has announced that it will join the First Movers Coalition, a global initiative to harness purchasing power and supply chains to create early markets for innovative clean energy technologies. 

Economics
Upgraded credit rating by S&P Global boosts SA’s allure to investors

Thanks to rising commodity prices and the improved debt outlook SA has been popular among global investors.

Business

South Africa is facing a continued shortage of critical skills, says listed workforce solutions company, Adcorp – particularly in nursing and information technology fields.

Banking

‘Worst case scenario’ will see repeat of July riots in South Africa

Economics
Business Leadership South Africa CEO Busi Mavuso

A recent uptick in the frequency of meetings between foreign companies and relevant government departments was encouraging because such meetings typically preceded investment in the country, Business Leadership South Africa CEO Busi Mavuso said in her weekly newsletter on April 11.