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Sunday, June 8, 2025

Latest News & Developments

economic development

How the ocean economy sustains livelihoods and ecosystems

Discover how the ocean economy, celebrated on World Oceans Day 2025, plays a crucial role in sustaining livelihoods and ecosystems while facing significant challenges.

Weekend Argus Opinion
Opinion|Published

How informal recycling provides a lifeline for South Africa's waste pickers

Explore how high unemployment drives South Africans like Thabiso Leburu into informal recycling, highlighting their struggles and contributions to waste management.

News South Africa
Manyane Manyane|Published

Agricultural sector boosts South Africa's GDP growth amidst economic uncertainty

Despite a modest GDP growth of 0. 1% in the first quarter of 2024, economists express cautious optimism, highlighting a strong agricultural performance against a backdrop of economic uncertainty.

Business
Nicola Mawson|Published

The urgent need for STEM education in South Africa's economy

South Africa faces an urgent need to align its educational system with the demands of a rapidly evolving economy. This article explores the importance of prioritising STEM education and the challenges posed by current educational practices

Daily News Opinion
Sheetal Bhoola|Published

SEDFA and DSBD face performance scrutiny amid merger challenges

The Department of Small Business Development and the newly merged Small Enterprise Development and Finance Agency reveal their fourth-quarter performance, showcasing both significant achievements and ongoing challenges that could impact the future of small businesses in South Africa

Sunday Independent News
Sizwe Dlamini|Published

Africa Month highlights tourism potential as South Africa welcomes record visitors

South Africa is set to harness the potential of its tourism sector, with the government unveiling ambitious plans aimed at driving growth, creating jobs, and placing the continent at the forefront of global tourism development.

Travel South Africa
ZamaNdosi Cele|Published

Durban set to flex its tourism muscles as current Africa’s Travel Indaba contract reaches a conclusion

With the current contract to host the Indaba concluding this year, the city is keen to demonstrate its value as a dynamic investment hub ready for business.

Travel South Africa
ZamaNdosi Cele|Published

Africa's Travel Indaba another bumper revenue generator for Durban and KZN

Africa's Travel Indaba is a highly anticipated Durban event once again, especially since it adds appreciably to the city's and province's coffers

Daily News News
Daily News Reporter|Published

KZN's informal economy masterplan aims to empower township businesses

The KZN Informal Economy Masterplan aims to formalise and support township businesses, as MEC Musa Zondi reveals new initiatives to boost local economies and enhance competitiveness.

Mercury
Thami Magubane|Published

Kashmir terror attack sparks concerns for tourism

The Hindu Dharma Association of SA expresses concerns about the impact of the recent Kashmir terror attack on tourism, highlighting the need for stronger measures against terrorism to protect the region’s economy.

News Crime and Courts
Thobeka Ngema|Published

Freedom Front Plus questions Tshwane's ambitious economic growth target

Freedom Front Plus raises concerns over Tshwane's projected 3,9% economic growth rate by 2029, questioning the feasibility of the Mayor's plans amid high unemployment and service delivery issues.

News
Rapula Moatshe|Published

Trump remains defiant on tariffs amid escalating trade tensions

US President Donald Trump remains resolute in his tariff plans, claiming there is no inflation, despite significant market downturns triggered by China's retaliatory measures.

News Politics
Simon Majadibodu|Published

US man's backlash against Donald Trump’s tariffs reveals flawed logic in trade deficit explanation

Clarkson Lawson criticises President Donald Trump’s new tariffs, arguing that the administration misrepresents trade deficits as actual tariff rates, warning of significant economic consequences.

News Politics
Simon Majadibodu|Published

OPINION | How Trump's trade war affects South Africa's economy

As President Trump's tariffs loom large, South Africa faces a daunting challenge with a 30% tariff on its goods entering the US, putting its economy at risk. What are the implications for key sectors and the future of trade relations?

Weekend Argus Opinion
Opinion|Published

Exploring economic opportunities: Cape Town and India's growing partnership

Cape Town is positioning itself as a key player in the burgeoning economic partnership between South Africa and India, unlocking opportunities in trade, tourism, and technology.

Weekend Argus News
Tracy-Lynn Ruiters|Published

Tshwane approves Rosslyn automotive hub plan set to create 150 000 jobs

The newly approved 7 157-hectare automotive manufacturing hub in Rosslyn aims to become Africa's largest industrial park, with BMW, Nissan, Tata, and Iveco already established in the area. The 40-50 year development project promises billions in investment and comprehensive infrastructure development.

The Star News
Rapula Moatshe|Published

Tshwane approves Rosslyn automotive hub plan set to create 150 000 jobs

The newly approved 7 157-hectare automotive manufacturing hub in Rosslyn aims to become Africa's largest industrial park, with BMW, Nissan, Tata, and Iveco already established in the area. The 40-50 year development project promises billions in investment and comprehensive infrastructure development.

News
Rapula Moatshe|Published

Youth and the economy: Reflecting on 30 years of challenges and opportunities

At the forefront of the "Youth and the Economy" event, participants and officials grapple with the lingering issues of youth unemployment and shattered expectations.

News South Africa
Koketso Phasha|Published

Retailability strikes deal with Pepkor to boost market presence in adult wear

In a bold move set to reshape Southern Africa's retail market, Retailability's new partnership with Pepkor could signal exciting changes in adult wear offerings.

Business Economy
IOL Reporter|Published

Plans unveiled for economic growth at St Helena Bay and Saldanha Bay

Minister Macpherson and Mayor Truter have pledged to revitalise the neglected St Helena Bay and Saldanha Bay harbours, aiming to transform them into economic hubs that will create jobs and attract investment.

News Politics
Robin-Lee Francke|Published

Why South Africa's job gains remain insufficient amid slow economic growth

In the previous quarter, the second biggest decline in jobs was in business services, followed by manufacturing, transport, and then mining. However, trade and construction reported gains, albeit small.

Business Jobs
Nicola Mawson|Published

SA-DRC launch ambitious R3bn trade corridor to revolutionise African commerce

South Africa and the Democratic Republic of Congo embark on an ambitious industrial corridor project spanning 3 100km, with plans for 12 special economic zones set to transform trade relations between the two nations. More than 60 DRC representatives visited key South African industrial sites this week to advance this landmark initiative.

The Star News
Siyabonga Sithole|Published

SA-DRC launch ambitious R3bn trade corridor to revolutionise African commerce

South Africa and the Democratic Republic of Congo embark on an ambitious industrial corridor project spanning 3 100km, with plans for 12 special economic zones set to transform trade relations between the two nations. More than 60 DRC representatives visited key South African industrial sites this week to advance this landmark initiative.

News South Africa
Siyabonga Sithole|Published

BRICS+ Series: BRICS+ vs. G20: A New Era of Global Influence

Explore how the G20 and BRICS+ are reshaping global economics and politics in a rapidly changing world.

Business Report BRICS
Chloe Maluleke and Dr Iqbal Survé|Published