In a significant stride toward revitalising South Africa’s logistics landscape, Transnet has successfully cleared the backlog at Durban Port, marking a pivotal moment for the nation’s import, export and trade investment prospects. This achievement not only underscores Transnet’s commitment to operational excellence but also signal... TRANSNET CLEARS DURBAN PORT BACKLOG: A TURNING POINT FOR SOUTH AFRICA’S TRADE AND INVESTMENT FUTURE
By Lethabo Mkhize The recent South Africa–European Union (SA–EU) Summit (13 March 2025) in Cape Town marked a significant milestone in bilateral relations, with the EU unveiling a €4.7 billion investment package aimed at bolstering South Africa’s strategic sectors. This initiative, part of the EU’s Global Gateway strategy, focuse... STRENGTHENING PARTNERSHIPS AMID TARIFF TENSIONS: SA–EU SUMMIT INVESTMENT AND TRADE STRATEGIES
In a bold move that underscores both confidence and commitment to South Africa’s clean energy transition, Pele Energy Group (PEG), earlier this year, secured a R575 million investment backed by Nedbank and Norfund, the Norwegian Climate Investment Fund. More than just capital, this is a powerful endorsement of PEG’s vision to lead the country—and c... Powering Progress: Pele Energy Group’s Commitment to Scaling Renewable Impact in South Africa
Last week marked a historic week for South Africa as the nation not only launched the Business 20 (B20) forum, but also hosted the inaugural meeting of G20 Finance Ministers and Central Bank Governors in Cape Town. SOUTH AFRICA SETS A GLOBAL ECONOMIC AGENDA WITH B20 AND G20 INITIATIVES
By Nokuthula Dhlamini In a strategic move that mirrors its commitment towards boosting tourism and travel to South Africa, to stimulate economic growth, the national airline, South African Airways, is expanding its flight services to key domestic and international destinations in November 2024. This is not only about adding more passengers b... SAA’s Flight Expansion Reinforcing the African Economic Scene
Yethu is a new locally developed app that helps make community stokvel saving safer and easier. CD Anderson Yethu, a new mobile app designed to make community stokvel saving more secure and more transparent, has been created by a group of young innovators, community leaders and mobile banking experts. What are stokvels? Stokvels are invitation [&he... Safer community saving with locally designed stokvel app
The importance of women in manufacturing and their experience in a male-dominated industry were among the topics discussed at the first Women in Manufacturing, Textiles and Leather Conference held in Johannesburg. Melissa Javan The first Women in Manufacturing, Textile and Leather Conference 2016 was held in Sunninghill, Johannesburg this week. One... South Africa hosts its first women in manufacturing conference
Small business is big business, minister Jeff Radebe said on Tuesday, 6 September, at an imbizo held at Emperors Palace in Johannesburg. “A total of 47% of our country’s people are employed by the small business sector. That is 7,3-million people,” said Radebe. As Minister in the Presidency for Planning, Monitoring and Evaluation ... Minister Jeff Radebe shares details of 30 day payment plan
Doing business in South Africa is favourable for now, according to a study on economic freedom by the Heritage Foundation and The Wall Street Journal. But three Johannesburg businessmen warn that rising stock prices are reducing profit margins and can stifle trade. Small to medium-sized businesses are benefitting from South Africa’s moderatel... South Africa’s economy ‘moderately free’ despite rising prices
2 August 2016 South Africa’s digital economy has jumped to 65th out of 139 countries surveyed in the Networked Readiness Index, an gain in 10 places from 2015. This makes South Africa one of 10 most-improved countries, alongside Italy and Slovakia. The index, compiled by the Global Technology Report and published by the World Economic [&helli... South Africa’s digital economy a top global mover in Networked Readiness Index
India has age old ties to Africa. Under Narendra Modi, who visited Africa for the first time as prime minister recently, the fastest growing global economy is looking to strengthen those diplomatic and economic bonds. Indian prime minister, Narendra Modi, arriving in Africa ahead of a 4 nation diplomatic visit. (Image: India Today) When he [&helli... Is it New Delhi’s time to shine in Africa?
During the World Economic Forum on Africa, held in Kigali, Rwanda this week, the Village of the Future panel discussion offered some new insights on the role of technology in rural economies. WEF Africa 2016: The village of the future
Guiding discussions at the 2016 World Economic Forum on Africa in Kigali, Rwanda, are five high-powered co-chairs: Akinwumi Ayodeji Adesina, Graca Machel, Dominic Barton, Tarek Sultan Al Essa and Tony O Elumelu. Meet the global leaders heading WEF Africa 2016
With the World Economic Forum on Africa 2016 in Kigali just around the corner, Brand South Africa and the World Economic Forum are hosting a discussion on competitiveness in Southern Africa. Assessing SADC’s competitiveness ahead of World Economic Forum on Africa
The New Development Bank (NDB), operated by the BRICS grouping of Brazil, Russia, India, China and South Africa, has formally opened for business. According to the National Treasury, the country’s role in the bank will strengthen its position as a financial centre for the continent. BRICS Development Bank officially opens for business
With the theme “Driving South Africas Industrial Development Agenda”, South Africa is to host its first Economic Research Advisory Network conference in East London later in March to find ways to boost the country’s economy. Research conference to find ways to drive the economy
Emphasising that South Africans are “resilient, committed and resourceful”, Minister of Finance Pravin Gordhan delivered his 2016 Budget speech to the National Assembly in Parliament on Wednesday 24 February. Read the full speech, watch the video, and download key documents. Full text: South Africa’s 2016 Budget speech
Abundant resources, an advanced industrial sector, robust financial systems, a progressive legal framework – and the gateway to other African markets. South Africa: economy overview
Brand South Africa notes the statement by the South African Chamber of Commerce and Industry that the country’s Business Confidence Index has fallen to its lowest level since 1993. South African economy well positioned to recover from current slowdown
The final day of the World Economic Forum (WEF) Africa 2015 has started with the notion that a future characterised by growth, development and prosperity will be critical to a reimagined Africa. World Economic Forum on Africa
