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Group executive for generation Bheki Nxumalo
Group executive for generation Bheki Nxumalo
Eskom finalising PPP framework for 5 GW just energy transition pipeline
16th July 2025 By: Terence Creamer

Eskom reports that repowering projects with a combined capacity of 5 GW are currently under development across six coal power station sites and that it is aiming to implement 2 GW by 2026, mostly through public-private partnerships (PPPs). In a... 


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Pikitup adds 41 new caged trucks to fleet for recyclable waste collection
16th July 2025 By: Schalk Burger

Waste management agency Pikitup has added 41 new caged trucks to its fleet to enhance the collection of recyclable waste in the areas where its separation at source (SAS) programme is in effect... 


Mobile phones help to boost formal savings in low- and middle-income countries
16th July 2025 By: Schalk Burger

More adults than ever in low- and middle-income countries have bank or other financial accounts, leading to a rise in formal saving, says the World Bank Group in its 'Global Findex 2025' report.... 


Japanese ratings agency gives the Africa Finance Corporation an A+ rating
16th July 2025 By: Rebecca Campbell

African infrastructure and industrial development finance institution, Africa Finance Corporation (AFC), has been given a long-term issuer credit rating of A+ by the Japan Credit Rating Agency... 


BII, Napsa and Swedfund launch entity to support SME financing in Zambia
16th July 2025 By: Schalk Burger

UK development finance institution British International Investment (BII), Zambia’s National Pension Scheme Authority (Napsa) and Swedish development finance institution Swedfund have launched the... 


Reserve Bank governor Lesetja Kganyago
Trump's tariffs put 100 000 jobs at risk in South Africa, Kganyago says
16th July 2025 By: Reuters

US President Donald Trump's tariffs on South Africa could cause around 100 000 job losses, with the agriculture and automotive sectors hardest-hit, central bank governor Lesetja Kganyago said on... 


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SA imports most of its fuel from Nigeria, Saudi Arabia
11th July 2025

South Africa imports most of its petroleum and crude oil from Nigeria and Saudi Arabia. In 2023, it imported $2.28-billion (46.1%) from Nigeria and $1.62-billion (32.7%) from Saudi Arabia,... 


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Lanseria to get several major upgrades
Lanseria to get several major upgrades
16th July 2025

At the recent 2025 Aero South Africa trade show held at Lanseria International Airport, in Gauteng, a series of planned upgrades to the facility were revealed.  


Weibin Deng, WPIC Regional Head of Asia Pacific; Craig Miller, Valterra Platinum CEO; Trevor Raymond, WPIC CEO.
Platinum's 1.4% tariff knock to be eclipsed by strong investment, jewellery demand
16th July 2025 By: Martin Creamer

The direct impact of tariffs on forecast platinum demand in 2025 is estimated to total only 112 000 oz, or 1.4% of total demand. While the indirect risks through slower GDP growth over the next few... 


Trevor Manuel
Issues on the agenda at the G20 finance meeting in South Africa
16th July 2025 By: Reuters

Group of 20 finance officials meet in South Africa from Thursday amid trade tensions, a global economic slowdown and Washington's threat to withdraw from multilateral organisations. President Cyril... 


Gwede Mantashe
Mantashe appointed acting Police Minister
16th July 2025 By: Creamer Media Reporter

President Cyril Ramaphosa has appointed Mineral and Petroleum Resources Minister Gwede Mantashe acting Police Minister until Professor Firoz Cachalia assumes the role of acting Police Minister at... 


From left: University of the Witwatersrand physicist Professor Andrew Forbes; OMT chairperson Rebecca Oppenheimer; and University of Cape Town paediatric neurosurgeon Professor Anthony Figaji
South African quantum computing, paediatric brain injury research get a leg up
15th July 2025 By: Sabrina Jardim

The Oppenheimer Memorial Trust (OMT) has awarded the Oppenheimer Fellowship Award to University of the Witwatersrand physicist Professor Andrew Forbes and University of Cape Town paediatric... 


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Monde Bala
Monde Bala appointed NTCSA interim CEO while search for permanent head continues
15th July 2025 By: Creamer Media Reporter

The National Transmission Company South Africa (NTCSA) has announced that Monde Bala, who has hitherto been group executive at Eskom Distribution, will be seconded to the role of interim CEO from... 


B20 South Africa to place spotlight on manufacturing, supply chains, global trade reform
15th July 2025 By: Darren Parker

This year’s B20 has given manufacturing a special prominence that previous B20s had not done, B20 South Africa head of secretariat Anthony Costa said at the Manufacturing Indaba, in Sandton, on... 


Gaia Renewables 1 acquires stakes in two AIIM projects
15th July 2025 By: Schalk Burger

Cape Town Stock Exchange-listed renewable energy investment fund Gaia Renewables 1 has acquired stakes in two renewable-energy plants after receiving project lender approval and after Competition... 


Gauteng Department of Economic Development MEC Lebogang Maile
Manufacturing the key to Africa’s economic future amid global instability, Maile says
15th July 2025 By: Darren Parker

Given the current global geopolitical instability, Gauteng Department of Economic Development MEC Lebogang Maile says it is becoming increasingly evident that the future of Africa lies in its... 


South Africa's Rand Refinery gold.
Gold remains well-positioned in current macro landscape, World Gold Council reports
15th July 2025 By: Martin Creamer

Gold enters the second half of 2025 coming off an exceptionally strong start to the year – up 26% – shaped by a weaker US dollar, persistent geopolitical risk, robust investor demand, and continued... 


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Magazine round up | 11 July 2025

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

CAPEX UPLIFT: Transport Minister Barbara Creecy reported in her Budget Vote that R21.7-billion had been allocated to the Airports Company South Africa for much-needed infrastructure development. The expenditure will be geared to meeting a target of moving 42-million passengers yearly through the State-owned enterprise’s airports by 2030, alongside 1.2-million tons of air-freight. A new freight terminal is planned for OR Tambo International Airport (pictured). Photograph: Creamer Media
CAPEX UPLIFT

Transport Minister Barbara Creecy reported in her Budget Vote that R21.7-billion had been allocated to the Airports Company South Africa for much-needed infrastructure development. The expenditure... 

Photo of Martin Creamer
South Africa must implement inward and outward economic models quickly, smartly

Change is the word that sums up today’s world. Disruptive geopolitical change, global attitudinal change and concerning climate change are demanding internal and external advances and retreats. In... 

Photo of Terence Creamer
Transparency needed

South Africa’s recent trade policy interventions have been nowhere near as attention grabbing as President Donald Trump’s April 2 Rose Garden performance that included a giant cardboard chart... 

Business Leader

Gianni Anić, MD and CEO of Wetback Contracts
Gianni Anić

This week we profile Gianni Anić, MD and CEO of Wetback Contracts, which is involved in project management and project execution in the structural, mechanical, electrical, instrumentation,... 

WORRYING SIGNS: A recent Human Sciences Research Council survey showed that most adults are concerned that political parties are being influenced by donations from wealthy elites. This, despite low levels of support for laws such as the Political Funding Act. The apparent contradiction most likely stems from growing dissatisfaction with the political and democratic status quo, which the survey also confirmed.
WORRYING SIGNS

A recent Human Sciences Research Council survey showed that most adults are concerned that political parties are being influenced by donations from wealthy elites. This, despite low levels of... 

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