Finance News Update | 15 Dec 2025
- Phophi

- Dec 15, 2025
- 2 min read
Updated: Dec 16, 2025

General
Major step towards the end of Eskom's monopoly
Energy analyst Chris Yelland reports that Eskom has quietly progressed its virtual wheeling programme by awarding a contract to Johannesburg-based Enerweb. The company will develop a digital platform to automate Eskom’s new wheeling framework, enabling electricity generated by independent power producers (IPPs) to be supplied to smaller customers via Eskom’s distribution network and participating municipalities. The move is seen as a significant step toward increased competition in South Africa’s electricity market. (Moneyweb)
Government Moves to Deregister Three Private Higher Education Institutions
Higher Education Minister Buti Manamela has issued a notice of intention to cancel the registration of Damelin, City Varsity and ICESA City Campus due to continued non-compliance with the Higher Education Act. The Department of Higher Education and Training confirmed that the minister considered submissions from the affected institutions before reaching the decision. Although often referred to as “universities”, only state-run institutions are legally recognised as universities in South Africa. (Business Day)
Lower Inflation Expectations Strengthen Case for Interest Rate Cuts
The Bureau of Economic Research reports a sharp decline in average inflation expectations across its latest survey, with forecasts reduced by 0.5 percentage points for 2026, 2027 and the five-year outlook. Respondents now expect headline inflation of 3.8% in 2026 and 3.7% thereafter—record lows. The revision follows Finance Minister Enoch Godongwana’s decision to lower the inflation target to 3% from the previous midpoint of 4.5%, as outlined in the Medium-Term Budget Policy Statement. (Newsday)
Investments
Infrastructure Bond Issuances Attract Robust Investor Demand
Recent infrastructure-focused bond auctions highlight strong local investor appetite for project-linked debt. National Treasury raised R11.8 billion through its inaugural infrastructure and development finance bond auction, while Transnet secured R42.2 billion in bids for government-guaranteed notes earlier in November. The transactions reflect growing confidence in reformed infrastructure funding models and a shift in how investors evaluate infrastructure-related issuance. (Citywire)
Property
R1 Billion Durban Beachfront Theme Park Planned for 2027 Opening
The eThekwini municipality has announced plans to develop a R1 billion land-based theme park on Durban’s South Beach, with completion targeted for 2027. The project is being undertaken in partnership with Masithu Consulting and Project Managers and will offer ocean-facing attractions, distinguishing it from the city’s existing water-based entertainment options. The municipality is also collaborating with leading Italian amusement engineering firms involved in major global projects such as Ferrari World, Universal Studios and Disneyland. (Newsday)



