Siphelele Dludla

Content Manager: Business Report

Kganyago signals possible rate hikes as oil shock risks spill into broader inflation

Siphelele Dludla|Published

Lesetja Kganyago, Governor of the South African Reserve Bank, signals potential interest rate hikes due to rising global inflation pressures from oil and fertiliser ...

Eskom rejects Numsa claims over wage budget, defends 7% deal

Siphelele Dludla|Published

Eskom clarifies its wage budget and executive remuneration in response to Numsa's claims, following a breakdown in wage negotiations. The power utility emphasises ...

Ramaphosa pushes trade diversification as South Africa seeks deeper Spain partnership

Siphelele Dludla|Published

President Cyril Ramaphosa emphasises the need for trade diversification with Spain during the South Africa–Spain Business Forum, highlighting opportunities in green ...

Heraeus, Sibanye partner to cut glass fibre costs with platinum-palladium innovation

Siphelele Dludla|Published

A new partnership between Heraeus Precious Metals and Sibanye-Stillwater aims to revolutionise glass fibre manufacturing by reducing costs and increasing demand ...

IMF flags mounting risks as Africa’s ‘hard-won gains’ come under pressure

Siphelele Dludla|Published

The IMF's April 2026 report highlights the economic challenges facing sub-Saharan Africa, including rising debt and declining external support, urging a shift towards ...

Vaal region set for industrial revival, economic boost with proposed Special Economic Zone

Siphelele Dludla|Published

The government has announced a transformative plan to establish a Special Economic Zone in the Vaal region, aiming to revitalise its industrial economy, create thousands ...

Ramaphosa calls for urgent overhaul of local economies as LED Summit sets reform agenda

Siphelele Dludla|Published

President Cyril Ramaphosa emphasises the need for municipalities to transform into economic drivers at the 2026 National LED Summit, focusing on small businesses ...

Mining surge masks structural weaknesses as PGMs, China demand lift output, warns industry

Siphelele Dludla|Published

South Africa's mining sector begins 2026 with a significant production increase, driven by platinum group metals and external demand, but faces challenges from geopolitical ...

IMF reaffirms strong commitment to Africa as growth risks mount

Siphelele Dludla|Published

The International Monetary Fund has pledged its unwavering support for African economies as they face rising debt pressures and global uncertainties. This commitment ...

IMF praises South Africa’s resilience despite growth downgrade amid rising global risk

Siphelele Dludla|Published

The International Monetary Fund commends South Africa's economic management while downgrading its growth forecast, highlighting the nation's resilience amid global ...

IFC and Citi launch R1.6bn facility to boost local currency financing in South Africa

Siphelele Dludla|Published

The International Finance Corporation and Citigroup have partnered to establish a R1.6 billion borrowing facility, enhancing local currency financing in South Africa ...

IMF cuts South Africa growth outlook as Middle East war fuels global risks

Siphelele Dludla|Published

The IMF has revised South Africa's economic growth forecasts for 2026 and 2027, citing the impact of escalating conflict in the Middle East and rising inflation. ...

Numsa declares deadlock in Eskom wage talks, warns of rising tensions

Siphelele Dludla|Published

Numsa has declared a deadlock in wage negotiations with Eskom, rejecting a 7% annual increase and warning of escalating tensions if the impasse is not resolved. ...

IMF cuts 2026 global growth forecast to 3.1% as war clouds outlook

Siphelele Dludla|Published

he International Monetary Fund has revised its global growth forecast for 2026 down to 3.1% due to escalating conflicts in the Middle East, which threaten energy ...

PIC pushes for public-private partnership investment strategy to transform TVET sector

Siphelele Dludla|Published

South Africa's Technical and Vocational Education and Training (TVET) sector is undergoing a transformative reform aimed at addressing youth unemployment through ...

Oil surges past $100 as Trump’s Hormuz blockade raises global economic risks

Siphelele Dludla and Yogashen Pillay|Published

Global markets are shaken as Donald Trump announces a US-led blockade of the Strait of Hormuz, causing oil prices to surge and raising concerns about inflation and ...

World Bank urges smarter industrial policy for jobs as Africa’s growth outlook weakens

Siphelele Dludla|Published

The report, coming on the eve of the International Monetary Fund/World Bank Annual Meetings this week, highlights a combination of geopolitical tensions, rising ...

Supreme Court hands victory to Glencore-ARM Joint Venture in landmark diesel refund case

Siphelele Dludla|Published

The ruling is thought to have far-reaching implications for the mining sector, particularly for joint ventures structured to meet Black Economic Empowerment requirements. ...

Uncertainty over Strait of Hormuz as shipping crisis deepens after US-Iran talks collapse

Siphelele Dludla|Published

US Vice President JD Vance's recent comments following stalled negotiations with Iran raise concerns over the Strait of Hormuz's stability, a critical oil transit ...

Unions rally behind Eskom smelter tariff deal as lifeline for jobs and industrial revival

Siphelele Dludla|Published

South Africa's major trade unions support Eskom's proposed 62c/kWh electricity tariff, viewing it as a vital step for job preservation and industrial growth amidst ...

IMF warns global growth will slow as energy shock ripples across economies

Siphelele Dludla|Published

The IMF's Kristalina Georgieva warns that the global economy is facing significant challenges due to the recent Middle East conflict, with rising energy prices and ...

Private capital key to fixing rail and fuel lifelines, says Transnet CEO

Siphelele Dludla|Published

Transnet Group CEO Michelle Phillips emphasises the need for private sector investment to bolster South Africa's infrastructure, highlighting key projects and the ...

Manufacturing slump deepens to 10-month low as output falls sharply in February

Siphelele Dludla|Published

South Africa's manufacturing sector continues to struggle, with a 2.8% year-on-year decline in February, marking the fourth consecutive month of contraction. This ...

South Africa's zero-tariff access to China: A new era for trade?

Siphelele Dludla|Published

South Africa is set to gain zero-tariff access to China’s consumer market by May 2026, marking a significant trade milestone. However, experts warn that the real ...

Transnet to finally open rail network to private operators in historic reform push

Siphelele Dludla|Published

Transnet Group CEO Michelle Phillips reveals a groundbreaking shift in South Africa's freight rail strategy, allowing private train operators onto the national network ...