Black economic empowerment has been transformative but it needs to be revisited to broaden its pool of beneficiaries
Without urgent, effective action by the government, manufacturers, investors and unions, the industry will fail, leaving thousands jobless and damaging the economy
The Institute for Security Studies launched its Prospects 2043 report on Tuesday, with strong leadership seen as key to long-term stability in the country
The SADC offers potential for growth across various sectors by leveraging South Africa’s strengths in agriculture, energy, manufacturing and digital services
Mining has a key role to play in helping to ease youth unemployment
Despite the economy recovering to its pre-pandemic level, South Africa’s jobless rate is still higher than it was at the beginning of 2020
Concerns about local manufacturers and engineers being left out of the projects have increased
Factory output also went up by 3.6% year-on-year in April
The report shows the production of food and beverages was the biggest contributor to the decrease in factory output
Other factors are inflation and interest rate hikes while load-shedding has affected key sectors
Stats SA report shows 1.1% drop in factory output, with automotive sector the sole exception with a 13.4% increase
Implementing the country’s many masterplans demands capacity and focus from a department that has been pulled in different directions
Covid-19 and downturn in new car sales over the past two years make sourcing used cars a challenge
The private sector, experts say, cannot alone be entrusted with the important task of stopping South Africa’s unemployment tailspin
Cold-chain and refrigeration capacity are among the priorities of the programmes supported by the African Centres of Excellence, the University of Birmingham and the United Nations
Theo Baloyi, motivated by his love for sneakers and his goal of reducing unemployment, founded Bathu in 2015. He shares his transition from corporate employee to entrepreneur
The largest drops in the third quarter were in the agriculture sector, trade and manufacturing.
Europe would have been a marginal player in world history without the continent’s natural resources and centuries of cheap African labour
Untreated effluent from textile factories in in Lesotho, Ethiopia, Kenya, Mauritius and Madagascar pours into rivers, contaminating the water
Speaking at a book launch on Tuesday, the finance minister said a focus on manufacturing is critical to stem the country’s deepening unemployment crisis
The economy grew for the fourth consecutive quarter, but the country is playing catch-up to its peers
In mid-July, supply chains and industrial output were disrupted when parts of the country were rocked by looting, triggered by protests against Zuma’s incarceration
GDP rose 1.2% in the second quarter, but future growth indicators will likely be hit by July’s looting and unrest, as well as a dip in commodity prices
Statistics South Africa has overhauled its GDP data, which now show that the economy was 11% larger in 2020 than previously estimated
GDP growth may be encouraging but it doesn’t mean much for SA’s millions of unemployed
South Africa is behind others on e-mobility policy. But it’s not too late
Covid-19 has devastated the economy, but it has also opened a window of opportunity for businesses
In mere months, Moderna transformed an old Polaroid factory in America into a state-of-the-art vaccine-production centre. Why can’t we do the same?
But 27% of the chief executives canvassed report being ‘not concerned at all’ or ‘not very concerned’ about climate change
But the country’s GDP growth in the fourth quarter of last year shows positive signs of recovery, at 6.3%
The president’s focus is on fixing the economy — infrastructure build and local manufacturing are two priority areas
StatsSa has dubbed Q2 of 2020 the “pandemic quarter” as a result of hard Covid-19 lockdown that saw most sectors of the economy plummeting