South Africa’s construction sector is undergoing a transformative shift, as highlighted at the 2025 ERWIC Awards held on 14 August at the Houghton Hotel. Minister of Public Works and Infrastructure Dean Macpherson announced that over 54,000 jobs were created in…
South Africa’s labour market experienced a sharp contraction in the second quarter of 2025, shedding approximately 153,000 jobs, according to the Quarterly Labour Force Survey (QLFS) P0211. The official unemployment rate rose to 33.2%, up from 32.9% in Q1, while…
The Southern African Development Community (SADC), in partnership with the European Union (EU), the United Nations Industrial Development Organization (UNIDO), and the International Trade Centre (ITC), officially launched the $27 million Africa Trade Competitiveness and Market Access (ATCMA) – SADC…
South Africa has secured a transformative €500 million loan from the German Cooperation via KFW Development Bank to accelerate its Just Energy Transition (JET) plan marking a pivotal moment in the nation’s climate and economic strategy. This funding, announced by…
Sibanye-Stillwater (JSE: SSW, NYSE: SBSW) has signed a transformative purchase agreement to acquire Metallix Refining for a cash consideration of US$82 million, representing a total enterprise value of US$105 million. Metallix, a seasoned player in the recycled precious metals space,…
Despite decades of growing bilateral ties and increased trade volume, South Africa’s Deputy President Paul Mashatile has raised concerns over a sharp and persistent trade deficit with China one that ballooned from under US$1 billion between 1988 and 2000 to…
A newly released FNB Retirement Insights Survey delivers a sobering wake-up call to South Africans: while many envision retirement as a time of freedom and financial ease, the reality is vastly different for most. Despite 60% of adults under 60…
South Africa’s Minister of International Relations and Cooperation, Ronald Lamola, brought clarity and conviction to the global stage this week at the 4th International Conference on Financing for Development. Speaking at a high-level roundtable on “Revitalising International Development Cooperation,” Lamola…
In a game-changing step toward inclusive development, South Africa has signed a US$1.5 billion Development Policy Loan agreement with the World Bank to modernize infrastructure, boost energy reliability, and enhance freight transport. The 16-year loan featuring a 3-year grace period…
South Africa has made significant strides in strengthening its financial integrity, with the Financial Action Task Force (FATF) announcing that the country has substantially completed all 22 action items required to exit the greylist. The decision, confirmed at the FATF…
Africa took a decisive leap toward energy sovereignty and industrial resurgence this week as South African President Cyril Ramaphosa urged African nations to seize green hydrogen as a transformative engine for sustainable development. Speaking at the inaugural Africa Green Hydrogen…
In a significant breakthrough for the global copper industry, Ivanhoe Mines (TSX: IVN; OTCQX: IVPAF) has successfully resumed underground mining operations on the western side of the Kakula Mine as of June 7, 2025. Following seismic activity reported on May…
