Economy

Can power ships ease SA's energy woes?

Floating power stations – ships that are either anchored offshore or moored at quayside and transmit power through undersea cables – are proving to be a quick-fix to electricity supply problems around the world.


Eastern Cape hooks into SA's ocean economy

South Africa estimates its "blue gold" could contribute as much as R177- million to the economy by 2033. With two major port cities and its established industrial development zones, the Eastern Cape is set to become the hub of this maritime economic activity.


Work begins on South Africa's R84bn smart city

Work has reportedly begun on the Chinese-financed R84-billion super city in Modderfontein, east of Johannesburg. Shanghai Zendai plans to turn the 1 600- hectare property into 'Africa's New York', developing a financial hub with 35 000 houses, an educational centre, medical centre and a sports stadium.


SA makes 'intensive investment' in infrastructure

As the country battles with an erratic power supply, recent financial data from Statistics South Africa indicates increased investment by players in the electricity, gas and water supply industry, with capital expenditure rising by almost 92% to R24,3- billion in the third quarter 2014.

More stories from this section...

Business update

South African finance and economy news.

Infrastructure

Modern transport, expanding energy, sophisticated telecommunications.

Key sectors

Economic sectors with particularly high growth and investment potential.

Policies

Macroeconomic policies, regulatory institutions, financial controls and more.

Development

Jobs, skills, urban and rural regeneration, government-business partnerships.

Economy overview

South Africa has the most advanced, broad-based industrial sector on the continent.

Global ratings

Recent international reports support South Africa's strengths as an investment destination.

Success stories

SA companies and products making their mark globally.