Glencore will meet with the South African government this week to seek ways to prevent smelters that make a key stainless steel ingredient from shedding thousands of jobs as they grapple with surging power prices. Japie Fullard, CEO of Glencore...
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South African affordable sustainable residential property development company TUHF announced on Monday that it had partnered with the International Finance Corporation (IFC), part of the World Bank...
The Gautrain Management Agency (GMA) reports that it has achieved its thirteenth consecutive clean audit for the 2024/25 financial year. “This achievement reflects the GMA’s consistent and...
A mega-scale solar and battery storage hub is under construction on a 560 ha site in the grid-ready Free State province – a development that comprises two solar PV farms with a combined capacity of...
A fire that broke out on the woodchips route of the Richards Bay Bulk Terminal has damaged 80 m of two conveyor belts at the facility, Transnet Port Terminals (TPT) has confirmed. The sprinkler...
State-owned Transnet National Ports Authority (TNPA) reports that the upgrade of Newark road, which serves as one of the Port of Richards Bay’s most important access routes, is 75% complete. Since...
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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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State-owned power utility Eskom says the Energy Availability Factor (EAF) of its generation plants fluctuated consistently between 69% and 73% between September 5 and 11, with the month-to-date...
landmark agreement to curb billions of dollars in subsidies contributing to overfishing came into force on Monday, the World Trade Organization said – a move activists hailed as a step towards...
South Africa's longer-term inflation expectations fell to their lowest level on record, a quarterly survey showed on Monday, after the central bank said it would aim for a lower inflation level....
The National Treasury has reported back on the first round of consultative stakeholder workshops on its Fiscal Anchors discussion document, which was published on March 12. The workshops marked the...
The new code of practice on dismissals, under the Labour Relations Act, which makes it easier for small businesses to dismiss underperforming employees is welcome news, but the withdrawal of credit...
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The Afrimat Construction Index (ACI) recorded a solid recovery in the second quarter, with several key indicators having made a strong rebound since the first quarter of the year. The index,...
South African financial markets have outperformed expectations, with the Johannesburg Stock Exchange reaching record highs and the rand/dollar exchange rate rising despite a threat to exports from...
The South African Reserve Bank’s new goal of anchoring inflation at 3% faces a big test this week, with two key data points and its first policy meeting since announcing the move. A closely watched...
Borrowing costs for governments and businesses in South Africa, Nigeria and Kenya have risen in the last five years due to policy weaknesses, unfavourable market conditions and inflation, according...
A long-delayed R53-billion project that South Africa’s commercial hub is banking on to end a growing water crisis has hit fresh opposition. Communities comprising 1 600 people have filed a formal...
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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...
Business Leader
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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