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South African citizens voting in a previous election Next South African government has tough reform job, Moody’s says
Published: 03 May 24
South Africa may struggle to make much more progress on resolving the country’s longstanding challenges if a coalition government emerges after elections this month, Moody’s Investors Service cautioned. “These include stimulating years of sluggish economic growth, curbing chronic power shortages and reducing very high unemployment,” said Aurelien Mali, vice president - senior credit officer at Moody’s. “The current government has made incremental progress on these issues.”
Photo of Terence Creamer Reigniting growth in South Africa's real economy Has Video
Published: 03 May 24
Engineering News editor Terence Creamer talks about the highs and lows of South Africa's real economy in the 30 years of democracy, as well as what could be done to reignite the manufacturing sector in particular.
Image of construction site Bankenveld District City development, South Africa
Published: 03 May 24
The project aims to develop housing units alongside significant commercial, retail and industrial spaces in Gauteng.
Image of runway approach ACSA infrastructure investment plan, South Africa
Published: 03 May 24
ACSA has allocated R21.7-billion towards airport infrastructure developments focused on refurbishments, improvements and statutory compliance over the next five years.
Image of water desalination plant Port of East London seawater desalination plant, South Africa
Published: 03 May 24
The plant will be the first ever to be built across Transnet National Port Authorities' eight commercial ports.
Image of battery energy storage system BESIPPPP – Bid Window 3, South Africa
Published: 03 May 24
The Department of Mineral Resources and Energy released the request for proposals for the Battery Energy Storage Independent Power Producer Procurement Programme on March 28, 2024.
Battery energy storage unit Red Sands battery energy storage solutions project, South Africa
Published: 03 May 24
Red Sands will be the biggest standalone battery energy storage solutions project in Africa. 
Magazine cover image SA’s largest boat builder eyes growing share of global ocean-cruising catamaran market
Published: 03 May 24
It’s easy to overlook the sheer magnitude of Robertson and Caine’s (R&C’s) operations in Cape Town. The company’s ten boat-building factories and assembly lines are dotted across the city – from Woodstock to Paarden Island to Montagu Gardens, with the latter also housing a substantial warehouse. Other numbers, however, make it easier to appreciate the scale of the catamaran builder, including the fact that the 33-year-old company employs more than 2 400 people, with one boat rolling off an assembly line somewhere in the city almost every weekday of the year.
NTOMBIFUTHI MDLULI
These projects collectively contribute to employment Short-term insurance product extended to SMMEs
Published: 03 May 24
The State-owned Export Credit Insurance Corporation of South Africa (ECIC) has significantly expanded its mandate to support manufacturing projects, with a notable enhancement through the establishment of the Export Passport Insurance Facility. This initiative underscores the ECIC’s commitment to fostering growth in the manufacturing sector and extending its support to small, medium-sized and microenterprises (SMMEs), says ECIC short-term insurance senior underwriter Ntombifuthi Mdluli.
PRODUCT & SERVICE ENHANCEMENTS
Frankwen Forge is taking proactive steps to adapt and enhance its service offerings Company proactively enhancing offering
Published: 03 May 24
While diversified manufacturing company Frankwen Forge is taking proactive steps to adapt and enhance its service offerings, broader structural changes are necessary to safeguard and advance the manufacturing sector in South Africa, the company says. It therefore advocates for several key changes to revitalise the manufacturing sector, with the company suggesting that South Africa needs to reduce imports to protect local manufacturing capacity, while simultaneously creating a more favourable investment and employment climate.
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