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Image of the Crestcare Malmesbury hospital
The Crestcare Malmesbury hospital
Crestcare group opens R238m private hospital in Malmesbury
19th July 2024 By: Irma Venter

The Crestcare Hospital Group has cut the ribbon on its newest development, the R238-million acute hospital in the Western Cape town of Malmesbury. Crestcare’s majority shareholder is black-owned and managed private equity firm Summit Africa. 


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An aerial view of the Dube TradePort and adjacent land
Dube TradePort to rehabilitate 200 ha of land near its developments
19th July 2024 By: Schalk Burger

Special economic zone the Dube TradePort has acquired more than 200 ha of land over the past five years with the specific purpose of conserving environmentally sensitive land near its development... 


Embraer reports increased aircraft deliveries and order backlogs during the second quarter
19th July 2024 By: Rebecca Campbell

Brazil-based global major aerospace group Embraer has reported that, during the second quarter of this year, it delivered 170% more commercial jets (airliners) than it had done during the first... 


Economic growth a top priority for GNU
Economic growth a top priority for GNU
19th July 2024 By: Creamer Media Reporter

Engineering News editor Terence Creamer discusses the key themes of interest to business raised during President Cyril Ramaphosa's Opening of Parliament speech; the ongoing and new reforms that... 


South Africa to lay out carbon market regulation proposals
19th July 2024 By: Bloomberg

South Africa’s National Treasury plans to lay out its proposals for how to regulate carbon markets in the country in the next few months. The government department said it plans to publish a... 


Magazine round up | 19 July 2024
Magazine round up | 19 July 2024
19th July 2024

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


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President Cyril Ramaphosa delivering his opening of Parliament address
Vulindlela 2.0, green industrialisation, infrastructure at centre of GNU’s growth vision
18th July 2024 By: Terence Creamer

A second round of economic reforms under Operation Vulindlela, together with green industrialisation and scaled-up infrastructure development have been placed at the centre of the Government of... 


Standard Bank assesses the impact of elections on capital markets globally
Standard Bank assesses the impact of elections on capital markets globally
18th July 2024 By: Marleny Arnoldi

With 49% of the world’s population having voted in elections this year, experts gathered by Standard Bank have unpacked whether this has an effect on capital markets and investor sentiment... 


Duncan Wanblad shaking hands with Wits University vice-chancellor Professor Zeblon Vilakazi at the hand over of Anglo’s 47 Main street, Johannesburg building, to Wits Business School (WBS), with Anglo chairperson Nolitha Fakude (left) and  WBS head Prof Maurice Radebe (right).
We’ve delivered strong second-quarter production – Anglo CE
18th July 2024 By: Martin Creamer

Diversified mining company Anglo American on Thursday emphasised its embedding of operational resourcefulness across its asset base and highlighted its second-quarter performance as being strong.... 


Growth in cleaner steel project pipeline puts industry’s net-zero goal in sight
18th July 2024 By: Sabrina Jardim

The global iron and steel industry made major strides towards achieving its net-zero goals in the past year, with more lower-emission steelmaking electric arc furnaces (EAFs) coming online and... 


Powerlines
Eskom makes shock objection to issuance of trading licences
18th July 2024 By: Terence Creamer

Eskom has lodged a surprise objection to the issuance of licences to private traders in areas where its distribution entity currently holds a licence, arguing that the current rules of the National... 


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Student teams take top prize in 2024 Xylem Global Student Innovation Challenge
18th July 2024 By: Creamer Media Reporter

More than 4 400 student innovators from 150 countries have proposed new solutions to water and sustainability threats in this year’s Xylem Global Student Innovation Challenge. Teams from the... 


Reserve Bank Governor Lesetja Kganyago
Reserve Bank keeps main interest rate unchanged at 8.25%
18th July 2024 By: Reuters

South Africa's central bank kept its main interest rate unchanged at 8.25% in a decision announced on Thursday. Eighteen of 20 economists polled by Reuters predicted there would be no change in the... 


350Africa! calls for urgent renewable-energy investment and policy support
350Africa! calls for urgent renewable-energy investment and policy support
18th July 2024 By: Thabi Shomolekae

International environmental movement 350Africa! said on Thursday that for Africa to realise a just transition to renewable energy, significant investment from financial institutions and developed... 


Transnet locomotives on a railway line
AfDB approves R18.85bn loan for Transnet's business recovery plan
18th July 2024 By: Creamer Media Reporter

The African Development Bank Group (AfDB) has approved an R18.85-billion, or $1-billion, corporate loan to South Africa's State-owned freight transport and logistics group Transnet for its recovery... 


Anglo American Platinum CE Craig Miller
Anglo Platinum anticipating 15% to 25% lower half-year earnings
18th July 2024 By: Martin Creamer

The basic earnings and earnings per share of platinum group metals (PGM) mining company Anglo American Platinum for the first six months of this year are anticipated to be between 15% and 25% lower... 


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Magazine round up | 19 July 2024
Magazine round up | 19 July 2024

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

PLANTATION AUTOMATION: This drone monitoring the oil palm fruits as they ripen is one of several technological solutions being deployed across Malaysian plantations that are seeking alternatives for some of the most difficult jobs, amid worker shortages and falling production. Bloomberg reports that self-driving trucks are also rumbling over the vast plantations, laying fertiliser and picking up the densely packed harvested bunches. Photograph: Bloomberg
PLANTATION AUTOMATION

This drone monitoring the oil palm fruits as they ripen is one of several technological solutions being deployed across Malaysian plantations that are seeking alternatives for some of the most... 

Pallinghurst Co-Chief Executive and Co-Founder Arne Frandsen.
Investors very positive on South Africa’s unity govt, says Pallinghurst’s Arne Frandsen

Amongst all our investors, there’s a very broad support for South Africa’s government of national unity initiative, says Pallinghurst Co-Chief Executive and Co-Founder Arne Frandsen. “I think it’s... 

Pallinghurst Co-Chief Executive and Co-Founder Arne Frandsen.
Investors very positive on South Africa’s unity govt, says Pallinghurst’s Arne Frandsen

Amongst all our investors, there’s a very broad support for South Africa’s government of national unity initiative, says Pallinghurst Co-Chief Executive and Co-Founder Arne Frandsen. “I think it’s... 

Business Leader

Pallinghurst Co-Chief Executive and Co-Founder Arne Frandsen.
Investors very positive on South Africa’s unity govt, says Pallinghurst’s Arne Frandsen

Amongst all our investors, there’s a very broad support for South Africa’s government of national unity initiative, says Pallinghurst Co-Chief Executive and Co-Founder Arne Frandsen. “I think it’s... 

GROWTH LEVER: There are indications that the Presidency and the National Treasury would like the next phase of Operation Vulindlela to move beyond a focus on binding constraints, such as loadshedding and a collapsing freight logistics network, to growth. The details of how this will be pursued are not yet clear, but it is also possible this ambition could be overwhelmed by emerging binding constraints in areas such as water supply and failing municipal services.
GROWTH LEVER

There are indications that the Presidency and the National Treasury would like the next phase of Operation Vulindlela to move beyond a focus on binding constraints, such as loadshedding and a... 

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