Gordhan’s last political act was to call for a ‘reset’ and a return to progressive politics
The state-owned company cannot continue relying on debt for operating cash and was at risk of not meeting repayments at the present rate
State-owned companies will have to disclose data on their highest and lowest paid employees in an effort to solve wage disparities and be more transparent
This investment, used as a facilitator of local production, can also help develop regional value chains and access upstream global value chains
His business has been recognised for its role helping Transnet fix its equipment woes to clear port backlogs
People in the Ekurhuleni area that is named after the MK party’s leader believe it will bring positive change
ArcelorMittal SA expects to make a final decision by August on the closure of its long steel operation, which puts 3 500 jobs at risk
The state-owned entity’s board chair assured the public that a recent court challenge won’t send its privatisation efforts off track
Despite what some say about the Takatso deal’s collapse, the private sector has made strong inroads at public enterprises
The trade and industry minister said the country’s logistics and energy problems are standing in the way of new entrepreneurs
Plans are underway to develop new container terminals at the ports of Richards Bay and Durban, and to relocate the SA Navy Base from Salisbury Island
South Africa’s debt-to-GDP ratio must drop below 60%, meaning some conditions have to be met – and ensuring state-owned enterprises are effective is a priority
Setting out the concrete facts in the Amazon-linked development in Cape Town in which Transnet sold land for a song
The 2024 budget is Duncan Pieterse’s first as director general. And he says the fiscal framework does not constitute a negotiating position
The budget points to state-owned entity bailouts as a key driver of South Africa’s increasingly constrained fiscal position
The national chairperson has called on EFF delegates to nominate hard workers for party posts at the December elective conference
The leading coal exporter is not giving up, even as local logistics constraints and falling prices bear down on sales
There is a tendency to think of the president as ineffective. But his first term has seen a marked hastening of structural reforms, which could change the economy forever
The industry has struggled in the face of energy and logistics constraints, but signs of progress have stirred cautious optimism
The African Continental Free Trade Area agreement creates the world’s largest free trade area by number of countries
The International Monetary Fund has slashed South Africa’s 2024 growth forecast as the country’s economy grapples with logistics constraints
Investors will struggle to look beyond the country’s energy and logistics crises
Key players collaborate to build precinct, boost technical equipment for adverse weather, improve import/export truck flow, and more
State capture is often cited as the the reason for the department’s ongoing failures, but its problems run far deeper
The GDP decline comes despite an improvement in energy generation during the quarter, suggesting logistical constraints and interest rates are choking the economy
R22.8 billion will be used to tackle urgent liquidity matters, such as settling maturity debt
Recently, there were 63 vessels at anchorage, of which 20 were awaiting a berth at the container terminal
The National Prosecuting Authority lives to fight another day after losing face in the first state capture trial
Finance Minister Enoch Godongwana has emphasised the need to address supply-side constraints, such as the country’s energy and logistics crises
Finance Minister Enoch Godongwana said he would resist the temptation to respond to the entity’s call for a cash injection through the media
The treasury is looking to enforce strict conditions on the power utility, which is viewed as a major risk to the country’s economic outlook
The state-owned logistics entity, plagued by R130 billion in debt and neglected infrastructure, has presented a turnaround plan to claw its way back to profitability