Economy and Business

Johannesburg, South Africa's largest city and economic hub, is an increasingly attractive destination for major global conferences, having risen a remarkable 133 places in the International Congress and Convention Association rankings over the past three years.

Tax breaks for low income earners, but an increase in the fuel and road accident levies and in sin taxes. The finance minister pulled off a careful balancing act in a slow economy and an election year, tightening the reins on public spending but laying the foundation for the National Development Plan.

The World Economic Forum (WEF) on Africa celebrates 26 years of developing the continent as a global economic player. The forum has witnessed many historical moments and important policy decisions made. Here are selected highlights of the event since 1990.

Johannesburg, 30 August, 2017 - Unemployment among the youth of South Africa has reached an ‘all time high’ and young people need to step...

Many African countries appear to be on a path of faster and steadier economic growth, but more has to be done to diversify exports and create an environment conducive to increased private investment, the World Bank reports in its 2007 Africa Development Indicators.

The R49-billion agro-processing sector has the potential to make a big dent in both South Africa's trade deficit and its unemployment figures, Trade and Industry Minister Rob Davies said during a meeting with CEOs of the country's food processing industry on the weekend.

The budget will be a balancing act. Reining in spending and raising taxes will usher in a few years of pain – not very heavy pain, but unavoidable pain – and the finance minister will need to find a way to spread it among as many groups as possible without causing anger or resentment.

Cape Town's city skyline will soon feature a stunning addition. The 32-storey, R1.6-billion Portside Building - Cape Town's first new skyscraper since 1993 - represents a substantial investment in the Western Cape and a major boost for the local construction industry.

It is not enough to show the world pretty pictures of our flora and fauna; the nation needs every one of us to be an ambassador for Brand South Africa, writes Wendy Tlou, the organisation's marketing and communications director.

We all have dreams and aspirations of implementing a ground-breaking commercial idea that could turn us into the next billionaire designer but...