Proposed Budget 2025: R1. 8bn lifeline for SA Post Office as Treasury intervenes

Helmo Preuss|Published

The South African Treasury, alongside the Department of Communications and Digital Technologies, is implementing a crucial rescue plan for the struggling Post Office. ...

Proposed Budget 2025: Eskom's R470bn revenue target tied to strict debt relief conditions

Helmo Preuss|Published

Treasury's 2025 Budget reveals Eskom's growing dependency on government support, with municipal debt soaring to R94. 8 billion while the power utility struggles ...

China’s green economy will boost growth in 2024 and 2025

Helmo Preuss|Published

In 2023 the clean energy sector emerged as a key driver of gross domestic product growth, as government policy pivoted to making China the global powerhouse for ...

Battery energy storage will provide grid stability, says Ramokgopa

Helmo Preuss|Published

Minister announces significant advancements in Battery Energy Storage projects aimed at enhancing grid stability and integrating renewable energy in South Africa. ...

Transnet to release priority project list in 2025/26, says finance minister

Helmo Preuss|Published

In its MTBPS document, the Treasury outlined measures needed to optimise Transnet’s capital structure and restore profitability.

MTBPS: Treasury to expand Islamic Bond Programme following R20bn success

Helmo Preuss|Published

Treasury is planning to build on its successful R20. 4 billion Islamic bond launch with additional Sukuk issuances, marking a strategic move to diversify its funding ...

Ramokgopa hails Eskom leadership for achieving more than 200 days of no load shedding

Helmo Preuss|Published

Despite the triumph, the Minister cautioned that the work was far from complete.

China has lifted more than a billion people out of poverty

Helmo Preuss|Published

China’s progress over the past 75 years was not limited to material goods. Great strides were also made in educating the nation, so that China is now at the forefront ...

Private hospital sector stands ready to work with government: HASA

Helmo Preuss|Published

The proposed NHI is geared to create a universal healthcare system to ensure that all South Africans have access to affordable, quality healthcare services regardless ...

New Development Bank approves $2. 3bn in loans for renewable energy projects

Helmo Preuss|Published

Overall, the NDB’s approach to financing green projects aligns closely with South Africa’s national sustainability goals in several ways.

We are working hard to resolve municipal debt problem, says Ramokgopa

Helmo Preuss|Published

‘We, together with Salga, will target two municipalities per province for an innovative solution to address this problem. This will stress test the solution, so ...

We are working hard to resolve municipal debt problem, says Ramokgopa

Helmo Preuss|Published

‘We, together with Salga, will target two municipalities per province for an innovative solution to address this problem. This will stress test the solution, so ...

Eskom ends its capacity hoodoo

Helmo Preuss|Published

The electricity grid has been running more than 123 days without load shedding, as the last day of load shedding was on March 26 this year, for five hours.

Ramokgopa says attention must shift to distribution network as generation capacity improves

Helmo Preuss|Published

This comes as a number of municipalities have been under severe strain and have begun implementing outages to avoid overloading the distribution system.

Ramokgopa: ‘concerted effort’ reinstates 7 000MW capacity

Helmo Preuss|Published

This comes as load shedding remains suspended due to the continued sustained improvement in generation performance, with 4 400MW reduction in unplanned outages. ...

Load shedding hiatus due to ‘maintenance plan’

Helmo Preuss|Published

Ramokgopa said electricity supply was currently higher than demand, adding that planned maintenance allowed for the accelerated sourcing of spares.

China’s economy beats consensus forecasts in first two months of 2024

Helmo Preuss|Published

The Chinese government has a good track record of reaching the annual growth targets which gives comfort to the rest of the world as China has consistently contributed ...

Budget 2024: Two-pot retirement will be implemented from September 1

Helmo Preuss|Published

The two-pot retirement reform allows pre-retirement access to a portion of one’s retirement assets in times of personal stress such as medical bills or unemployment. ...

China unwavering in its support for Africa

Helmo Preuss|Published

THE new Chinese Foreign Minister Qin Gang, who was previously the Chinese Ambassador to the United States and was made Foreign Minister on December 30 ...

Booming Chinese economy sucks in South African exports

Helmo Preuss|Published

OPINION: China’s imports from Africa grew faster than its exports to Africa, but unlike South Africa, the balance was a surplus in China’s favour, writes Helmo Preuss. ...

SA petrol prices are generally higher than neighbouring countries

Helmo Preuss|Published

South African petrol prices are generally higher than its African neighbours with the exception of Zimbabwe.

Recession headlines will squeeze consumer pockets

Helmo Preuss|Published

If the government does not cap fuel prices like in September, the October petrol price could jump by a similar amount to push the price above R17.

OPINION: Well-recognised global brand able to implement resolutions

Helmo Preuss|Published

The BRICS brand is a well-recognised global brand that shows a very high degree of follow-through in implementing resolutions, writes Helmo Preuss.

The impact of downgrading China

Helmo Preuss|Published

On May 24 Moody?s Investor Services downgraded China?s debt for the first time since 1989 to A1 from Aa3.

Slowing US economy a cause of concern

Helmo Preuss|Published

Blackrock's Larry Fink recently warned ?that US growth is slowing on concern whether the Trump administration?s agenda will get through Congress?.