The Council for Scientific and Industrial Research CSIR has released its Annual Report for the 2024/25 financial year, showcasing strong performance, financial growth, and continued impact across key sectors. Marking 80 years of scientific excellence, the CSIR reaffirmed its commitment to driving innovation, supporting industrialisation, and contributing to South Africa's development priorities.
According to the report, the organisation recorded an 11 increase in total operating income, rising from R3.17 billion in 2023/24 to R3.54 billion in 2024/25. Private sector income grew by 7, while international income increased by 10, reflecting the CSIR's growing partnerships both locally and globally. The report also revealed that the organisation achieved or exceeded 29 of its 31 key performance indicators 94, highlighting its consistent delivery against strategic objectives.
Among the year's notable achievements were an 11 increase in localised technologies, a 17 rise in joint technology development agreements with industry, and a 22 growth in projects implemented for government and state-owned entities. The CSIR also recorded a 31 increase in the number of chief researchers and achieved a net profit of R40.62 million, surpassing a projected loss of R67.6 million.
