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Electricity and Energy Minister Kgosientsho Ramokgopa (centre) at the signing ceremony with (left to right) DMRE DG Jacob Mbele, EDF Africa VP Laurent Clement, Scatec business development VP Alberto Gambacorta, NTCSA interim CEO Segomoco Scheppers and IPPO head Tshifhiwa Bernard Magoro
Electricity and Energy Minister Kgosientsho Ramokgopa (centre) at the signing ceremony with (left to right) DMRE DG Jacob Mbele, EDF Africa VP Laurent Clement, Scatec business development VP Alberto Gambacorta, NTCSA interim CEO Segomoco Scheppers and IPPO head Tshifhiwa Bernard Magoro
First two private utility-scale battery projects reach commercial close
17th October 2024 By: Terence Creamer

Two projects selected as preferred bidders under South Africa’s inaugural Battery Energy Storage Independent Power Producer Procurement Programme (BESIPPPP) bidding round have advanced to commercial close and will now enter construction. The... 


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ACSA seeks greater air connectivity between the BRICS countries
17th October 2024 By: Rebecca Campbell

The Airports Company South Africa (ACSA) is going to use its participation in the 2024 BRICS Business Summit to push for greater air connectivity between the BRICS countries. BRICS is the Brazil,... 


International group releases document on accessibility to air travel for disabled people
17th October 2024 By: Rebecca Campbell

Canada-based international non-governmental organisation, the International Partners for Aviation Development (iPADIS), has released a Model Policy and Guidance on Accessibility (MPGA) for the... 


The Katse dam in Lesotho
OECD-backed group calls for global pact to solve water crisis
17th October 2024 By: Reuters

Countries need a new international pact to fix a mounting water crisis that could cut economic growth by at least 8% and put half the world's food supplies at risk by 2050, an OECD-backed... 


Magazine round up | 18 October 2024
Magazine round up | 18 October 2024
Updated 11 minutes ago

A video round up of this week’s magazine, highlighting our cover story, features and Business Leader.  


Reserve Bank Governor Lesetja Kganyago
South Africa could lower inflation target at little cost, central bank governor says
17th October 2024 By: Reuters

South Africa's central bank governor, Lesetja Kganyago, said on Thursday that the country could move to a lower inflation target at little cost. Kganyago is a strong advocate for a lower target... 


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Terra Firma to build R1.3bn solar PV programme
16th October 2024 By: Marleny Arnoldi

Renewable-energy company Terra Firma has announced a new large-scale solar energy build programme that will see customers gain access to wheeled energy from August 2026. The R1.3-billion programme... 


Forum discusses public transport challenges, opportunities
16th October 2024 By: Sabrina Jardim

Though South African public transport has historically been underfunded and infrastructure under-maintained, the democratic government has learned valuable lessons that can guide future planning... 


Global economic freedom declines again, S Africa's gains inconsequential
16th October 2024 By: Tasneem Bulbulia

Global economic freedom declined for the third year in a row, the yearly ‘Economic Freedom of the World’ report published by Canadian-headquartered Fraser Institute shows. “After decades of slow... 


Insurance M&A dealmaking up in early 2024 – PwC
16th October 2024 By: Darren Parker

Auditing firm PwC says the first half of this year saw a measured uptick in dealmaking across the insurance industry, both globally and in South Africa However, despite the emergence of a turning... 


South Africa's Lion ferrochrome operation.
South Africa remains attractive mining investment destination, China hears
16th October 2024 By: Martin Creamer

The  South African mining industry is diversifying from the gold mining era to an industry with a diverse range of mineral resources that include platinum group metals (PGMs), chrome, manganese,... 


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AMSA's Vanderbijlpark plant
AMSA reports R1bn third-quarter loss amid ‘particularly difficult period’
16th October 2024 By: Darren Parker

Steel producer ArcelorMittal South Africa (AMSA) has reported a headline loss of a little more than R1-billion for the third quarter. “The global and local steel market deteriorated further since... 


Handshake next to French flag
Businesses increasingly confident of investing in South Africa as reforms take shape
16th October 2024 By: Marleny Arnoldi

Pharmaceuticals group Aspen strategic trade development executive Stavros Nicolaou has confirmed that the Government of National Unity’s (GNU’s) efforts to accelerate economic growth in South... 


New finance series launched to assist female-led SMMEs
16th October 2024 By: Sabrina Jardim

The African Development Bank (AfDB), the African Guarantee Fund (AGF) and the Banking Association South Africa (Basa) launched the Affirmative Action for Women in Africa (Afawa) Finance Series... 


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Government must look after current investors and not only seek new ones – Naamsa president
16th October 2024 By: Irma Venter

It is important for government to not only pursue new investors, but to also look after current investors already doing business in South Africa, says Naamsa | The Automotive Business Council... 


Nissan Africa expanding, upgrading Navara range
Nissan Africa expanding, upgrading Navara range
16th October 2024

Automotive manufacturer Nissan Africa has announced expansions and upgrades to its Navara range, aligned to business and customer demands, as the company looks to use this to grow its footprint in... 


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Magazine round up | 18 October 2024
Magazine round up | 18 October 2024

A video round up of this week’s magazine, highlighting our cover story, features and Business Leader.  

HAND OVER: The National Transmission Company South Africa (NTCSA), which began trading on July 1, was officially launched on October 7. The entity is currently a subsidiary of Eskom Holdings, but will become a fully independent transmission system operator in the coming years. To symbolise the hand-over of grid responsibilities from Eskom to the NTCSA a statue of a handshake was commissioned and unveiled at a ceremony attended by (from left to right) Electricity and Energy Minister Dr Kgosientsho Ramokgopa, NTCSA chair Priscillah Mabelane, interim NTCSA CEO Segomoco Scheppers and Eskom Group CEO Dan Marokane.
HAND OVER

The National Transmission Company South Africa (NTCSA), which began trading on July 1, was officially launched on October 7. The entity is currently a subsidiary of Eskom Holdings, but will become... 

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Recycle like there’s no tomorrow with mining obliged to rework legacy dumps

Recycle like there’s no tomorrow, were the words emblazoned across the screen at last week’s Oppenheimer Research Conference, where 450 scientists were putting their heads together to solve the... 

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Whole greater than sum of parts

The official launch of the National Transmission Company South Africa as an independent subsidiary of Eskom Holdings did indeed represent an important milestone in the restructuring of South... 

Business Leader

Reon Barnard, CEO of Tabono, chairperson of the Sekta Group, director and shareholder of Jabali Mining Services, co-founder of BCR Holdings and director of Barrock
Reon Barnard

This week we profile Reon Barnard, CEO of Tabono, chairperson of the Sekta Group, director and shareholder of Jabali Mining Services, co-founder of BCR Holdings and director of Barrock 

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NEW TARGET

There is scepticism about the current close relationship between government and organised business, but there is also broadbased acceptance that their collaborative efforts in the areas of Covid... 

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John Ratcliffe
John Ratcliffe

At John Ratcliffe, we are aftermarket specialists for heavy-duty on and off-road vehicles. We engineer and retrofit advanced safety systems, engine...

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Avlock International
Avlock International

Avlock International is a leading manufacturer and distributor of Specialized Fastening Systems.

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Universal Storage Systems (SA)
Universal Storage Systems (SA)

South African leader in Steel -Racking, -Shelving, and -Mezzanine flooring. Universal has innovated an approach which encompasses conceptualising,...

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SAIMC (Society for Automation, Instrumentation, Mechatronics and Control)
SAIMC (Society for Automation, Instrumentation, Mechatronics and Control)

Education: Consulting with member companies to obtain the optimal benefits from their B-BBEE spending, skills resources as well as B-BBEE points

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