Black economic empowerment has been transformative but it needs to be revisited to broaden its pool of beneficiaries
Developing infrastructure, expanding investment and giving professionals crucial skills will boost the sector, to the benefit of all South Africans
The struggle stalwart debunks narratives about racial discord in South Africa
In its budget review, the treasury flagged Transnet’s high debt levels, saying it needs to make faster progress on its plan to improve operations and finances
The new rubber-tyred gantry cranes and straddle carriers will boost efficiency at the port, Transnet chief executive Michelle Phillips said
The industry has the potential to grow if there is more investment in exploration projects
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Instead, Finance Minister Enoch Godongwana promised steps to ease the requirements for public-private partnerships
But Transnet says the dust falls below legal limits
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