PMI declines again to 44.3 . The seasonally adjusted Absa Purchasing Managers’ Index (PMI) declined for a fourth consecutive month in February, lowering to 44.3.

This had been the lowest level since the second half of 2009 when ...

Natural gas has potential to change energy sector dynamics . The South African Gas Development Company, also known as iGas, says the dynamics for liquefied natural gas (LNG) are in South Africa’s favour, with LNG prices at their lowest point in real terms since ...

Bosal launches emission control systems manufacturing plant in Pretoria . Automotive component supplier Bosal Afrika on Thursday officially opened its new emissions control systems (ECS) manufacturing plant, in Pretoria.

Bosal invested about R25-million to relocate the ECS...

Position paper to chart way forward for electric vehicle market in South Africa . South Africa has a tiny electric vehicle (EV) market, compared with the rest of the world.

Just more than 400 – 407, to be precise – hybrids, plug-in hybrids and battery electric vehicles (BEVs) were...

BMW tests electric iNext in Southern Africa ahead of 2021 production start . Testing of the battery-electric BMW iNext sports-utility vehicle (SUV) has moved from the polar circle to the heat of Southern Africa.

The all-weather tests are being conducted ahead of series produc...

South African budget highlights scale of fiscal deterioration – Fitch . South Africa's 2020 budget review highlights the severe deterioration underway in public finances and the long-term policy challenge of stabilising government debt, ratings agency Fitch said.

Fitch, ...

Mboweni’s Budget speech raises many questions . There were a number of positives to take away from Finance Minister Tito Mboweni’s 2020 Budget speech, but there were also many questions, a panel of speakers agreed during an analysis session held at ...

The night Van der Merwe and Ledwaba took gold in London . After twenty years of first finding ways to kickstart the Gautrain project, then building and running the urban rapid-rail system, Gautrain Management Agency CEO Jack van der Merwe has retired.

His s...

Private electricity generation identified as most urgent structural reform for reigniting growth . With a weak economic outlook characterised by a real gross domestic product (GDP) that is expected to grow at 0.9% in 2020, 1.3% in 2021 and 1.6% in 2022, South Africa is in dire need of far-reaching s...

R16.4bn allocated to cover SAA’s debt and debt costs . Finance Minister Tito Mboweni announced on Wednesday that R16.4-billion would be allocated to South African Airways (SAA) over the medium term to “repay the airline’s guaranteed debt and to cover debt-...