South Africa’s eight metropolitan municipalities are now able to tap into a new National Treasury grant, backed by World Bank funding of $925-million (about R16-billion), if they are able to show tangible service-delivery progress in the areas of...
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Power utility Eskom on November 9 celebrated the 40-year anniversary of Unit 2 at the Koeberg nuclear power station. Koeberg Unit 2 entered commercial operation on November 9, 1985, with Eskom...
JSE-listed real estate investment trust Growthpoint Properties will provide verified renewable energy certificates (RECs) to 26 branches of financial services firm Nedbank that use the power...
The National Union of Metalworkers of South Africa (Numsa) has concluded a three-year wage agreement in the tyre manufacturing sector, effective from July 31 this year to June 30, 2028. In a media...
With State-owned freight logistics group Transnet having turned to the market to invest in rail and port infrastructure, and the Department of Transport (DoT) having introduced various reforms to...
Jonathan Oppenheimer, scion of the family that built Anglo American and De Beers into global mining powerhouses, urged the South African government to “get out of the way” of entrepreneurs. While...
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Two-and-a-half years ago, the government put out a call to independent power producers (IPPs) to bid to build battery energy storage facilities connected to the national electricity grid. The aim...
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JSE-listed building and construction materials company Sephaku Holdings grew its revenue for the six months to September 30 to R665.1-million, up from R613.8-million in the six months to end...
Transport costs are starting to decrease, and the benefits of this will eventually benefit consumers, Road Freight Association (RFA) CEO Gavin Kelly indicates. On November 5, the cost of diesel for...
Development finance institution the International Finance Corporation (IFC) has said it will provide a $36-million local-currency-linked loan facility to Illovo Sugar Malawi to finance upgrades to...
Australian national flag carrier Qantas has highlighted that the airframe for it first Airbus A350-1000ULR airliner has been completed, at Airbus’ Final Assembly Line, in Toulouse, France. The...
European nations have backed a $2.5-billion plan to save the Congo rainforest, France's presidency told a UN climate summit, launching a conservation scheme that may steal some thunder from the...
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Engineering News editor Terence Creamer joins me to discuss what amendments the International Trade Administration Commission of South Africa (Itac) has made to the contentious price preference...
Construction work has started on The Granger, a R2-billion mixed-use development adjacent to the DHL Stadium in Green Point, Cape Town. Situated between the city’s central business district (CBD)...
A strong renewed thrust is under way for the creation of a platinum group metals (PGM) commodities exchange in South Africa to take advantage of South Africa's massive PGMs endowment at a time when...
The South African rand was steady on Friday trade, as investors worried about a correction in global stock markets following strong gains. At 16:00, the rand traded at 17.34 against the dollar....
A video round up of this week’s magazine, highlighting our cover story, features and Business Leader.
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A video round up of this week’s magazine, highlighting our cover story, features and Business Leader.
A total of 57 runners from 18 countries, including South Africa, completed the world’s deepest marathon last month. Held 1 120 m below sea level in Boliden’s Garpenberg zinc mine in Sweden, runners...
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South Africa is taking steps to build infrastructure projects that have the potential to grow our economy, provided their implementation is accompanied by integrity, accountability, and strategy....
Given the many moving parts in play currently within the electricity industry, there is a real risk of becoming distracted from what is truly important. Developments over the past few months alone...
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This week we profile Wojciech Kulma, MD of BASF South Africa, which manufactures and sells chemical products
The world economy is on a roller-coaster ride that includes sharp and unpredictable tariff twists, gut-dropping geopolitical dips and violent turns. Yet the stock markets have floated above the...
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