As electricity tariffs continue to rise, squeezing household and small business budgets, a new solar company has entered the market with stokvel and crowdfunding models aimed at making renewable energy more affordable and accessible. Ipeleng Power Solutions (IPS), founded by entrepreneur Ipeleng Mhlanga, 32, launched in Johannesburg this week, offering solar system design, installation, maintenance […]
Ramaphosa has raised South Africa’s investment target to R3 trillion after nearly R890 billion in pledges at this year’s investment conference, with Sasol’s R60 billion commitment emerging as one of the biggest – and a sign of business confidence tied to policy certainty
After securing R1.5 trillion in investment commitments, President Cyril Ramaphosa said the new target is to attract an additional R2 trillion in investment
SA launches a R8bn guarantee fund to unlock up to R160bn in private investment for energy, water and transport infrastructure
As South Africa prepares to host the sixth SA Investment Conference, government leaders and economists say global instability, including tension in the Middle East, unexpectedly boost the country’s appeal as a stable investment destination
Mantashe says South Africa must move faster on oil and gas exploration to reduce import dependence and protect energy security
China is boosting its ties to Africa, with zero-tariff trade and a year-long people-to-people exchange initiative, aiming to expand investment and infrastructure development across the continent
African Bank has appointed veteran banker Zweli Manyathi as its next chief executive as the lender enters what its board describes as a consolidation phase following several years of expansion and acquisitions. The bank announced that current group chief executive Kennedy Bungane will step down after five years in the role, during which he led […]
Among those opposing liquidation is the Industrial Development Corporation , which has warned that the move would lead to the winding-up, business interruption and possible cessation of operations
The government says the ailing company is a crucial player in South Africa’s sugar value chain and its demise would have ‘far-reaching and devastating consequences’ for the sector
Before the hearing of the provisional liquidation of Tongaat Hullet Limited starts in the Durban High Court, there are a few things that interested parties can still do to save the centennial company and 250 000 jobs
Tau’s timely intervention aims to save THL from liquidation and save many jobs and small sugarcane growers’ biggest market
The projected economic growth trajectory remains insufficient to address structural unemployment
The growth outlook is insufficient to alter unemployment dynamics, some argued
Finance Minister Enoch Godongwana has signalled increased spending on peace and security in his budget speech from R268.2 billion in 2025/26 to R291.2 billion in 2028/29. The allocation follows President Cyril Ramaphosa’s announcement in his State of the Nation address (Sona) that the defence force will be deployed alongside the police to combat illegal mining […]
Finance Minister Enoch Godongwana has confirmed increases to social grants, including old-age, disability and child support, supporting 26.5 million South Africans amid high unemployment.
National treasury officials said the costing for the deployment of soldiers in crime-affected areas — as announced by President Cyril Ramaphosa, his Sona, had not yet been done
Over the next three years, growth is projected to average 1.8% and reach 2% by 2028
Labour federations Cosatu and the South African Federation of Trade Unions have led calls for a budget that addresses massive unemployment and weak growth
The global lender said controlling the public sector wage bill would be critical and commended the government’s plans to address inefficiencies and provide incentives for early retirement
