In a briefing to the National Assembly’s Standing Committee on Public Accounts (Scopa) on September 17, State-owned entity (SOE) the Passenger Rail Agency of South Africa (PRASA) revealed that 11 employees are undergoing disciplinary processes for...
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South African inflation unexpectedly slowed in August thanks to softer fuel and food prices, with some analysts saying the central bank might now decide to cut interest rates on Thursday. Headline...
South African development finance institution, the Development Bank of South Africa (DBSA), announced on Wednesday that all due diligence and final agreements have been completed, and all...
The Organisation Undoing Tax Abuse (Outa) has filed legal action against the South African National Roads Agency Limited (Sanral) and three Ministers, asking the High Court to declare that Sanral...
Services and risk solutions company Fidelity Services Group has acquired a majority shareholding in security, facilities management and cleaning services company SSG Holdings, which will accelerate...
The board of directors of the V&A Waterfront has, following an extensive local and international search, appointed former Sun International hospitality COO Graham Wood as CEO designate to replace...
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Africa’s solar surge is gaining momentum. The number of countries importing solar panels from China has climbed over the past year, according to a new Ember report, appropriately titled The first...
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Transnet Engineering (TE) earlier this month signed a three-year contract with Eswatini Railways (ESR) for the supply and delivery of 26 rolling stock wheelsets for wagons, as well as for D-shed...
Cybersecurity firm Kaspersky reports that a significant rise in the number of spyware, banking trojans and infostealer cyberattacks was detected in the first quarter of this year, compared with the...
Cybersecurity firm Kaspersky has launched a set of extended detection and response (XDR) tools, as well as a managed XDR service, designed to protect small and medium-sized enterprises (SMEs), said...
Zimbabwe has agreed a $455 million, 15-year concession deal with the Africa-focused unit of India's Jindal Steel for the refurbishment of a 920 MW coal-fired power plant, the energy minister said....
Orion Minerals’ Prieska copper/zinc mine, in South Africa’s well-endowed Northern Cape, has received a prospective financing and offtake uplift through the signing of a non-binding term sheet with...
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South Africa needs both a competitive mining sector and a strong manufacturing base but supporting one sector by undermining another is an unsustainable strategy, Chrome SA has cautioned in a...
The South African rand was little changed in early trade on Wednesday ahead of an expected US Federal Reserve interest rate cut and domestic consumer price index and retail sales numbers. At 0701...
State-owned Transnet Engineering has launched its South African National Accreditation System-accredited material testing laboratory at its Koedoespoort plant, in Johannesburg. Sabrina Jardim tells...
The International Trade Administration Commission of South Africa (Itac) has recommended that a temporary rebate provision be created for the importation of stainless steel tubing used in the...
Food company Libstar delivered its strongest first-half performance since 2022 in the six months ended June 30, supported by volume growth, cost optimisation and improved operational efficiencies....
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A video round up of this week’s magazine, highlighting our cover story, features and Business Leader.
ArcelorMittal South Africa announced earlier this month that it had placed the Newcastle blast furnace into temporary care and maintenance and had initiated retrenchment processes. While...
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The countries of Africa have a beckoning opportunity to collectively leverage its critical minerals endowments, which require energy to turn to account. To get best advantage, the countries of...
The extreme pace of the 2025 news cycle has made it difficult to remember even the most important developments. For instance, it is difficult to recall the immediate concern raised in January over...
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This week we profile Basani Maluleke, group executive of personal banking at Capitec
When the latest round of electricity tariffs were announced earlier this year, Eskom immediately raised questions about whether the methodology had been applied correctly. Once the reasons were...
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