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Recycling bodies strongly reject amendments to scrap price preference system
Recycling bodies strongly reject amendments to scrap price preference system
4th November 2025

Three recycling organisations have strongly rejected the International Trade Administration Commission of South Africa’s (Itac’s) amendments to the price preference system (PPS) for scrap metal, which were Gazetted on October 31. In a response... 


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Optasia CEO Salvador Anglada
Optasia successfully lists on the JSE
4th November 2025 By: Marleny Arnoldi

Financial technology (fintech) company Optasia has successfully listed on the main board of the JSE, with its initial public offering (IPO) having been priced at R19 apiece. The listing marks a... 


crashed car with emergency triangle in front
RAF reports record R5.5bn in October claim payouts after 100 days in turnaround
4th November 2025 By: Darren Parker

The Road Accident Fund (RAF) has paid out a record R5.5-billion in October, its highest monthly payout for the 2025/26 financial year, as the newly appointed board marks its first 100 days in... 


raw sugar
Sugar import surge has led to local industry loss of R760m already this year
4th November 2025 By: Marleny Arnoldi

Industry body SA Canegrowers says an unprecedented surge in imported sugar is leading to drastically lower sales of locally produced sugar. The organisation believes not enough is being done to... 


Professor Raymond Parsons
UWC appoints Raymond Parsons as Extraordinary Professor
4th November 2025 By: Sabrina Jardim

Professor Raymond Parsons has been appointed as an extraordinary professor in the Faculty of Economic and Management Sciences at the University of the Western Cape (UWC). In a media release, UWC... 


SAFVCEC GM Jill Atwood-Palm
South African export councils bullish about increasing trade with China
4th November 2025 By: Tasneem Bulbulia

Two South African export councils say their participation in the China International Import Expo (CIIE) will contribute in strengthening South Africa’s presence in the Chinese market, increase the... 


Real Economy Graphics

Over half of SA's township businesses have an annual turnover above R500 000
Over half of SA's township businesses have a yearly turnover above R500 000
31st October 2025

Townships are where roughly a third of South Africans live and trade, and township trade is not just a ‘side-hustle’. It is estimated to be worth anywhere between R200-billion and R900-billion... 


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Milkor UAVs
Milkor puts spotlight on its 380 UAV
4th November 2025 By: Rebecca Campbell

South African defence and aerospace company Milkor has, with the upcoming G20 Summit in Johannesburg now only a few weeks away, highlighted the capabilities of its Milkor 380 medium-altitude... 


South Deep gold mine in South Africa’s Gauteng province.
South Africa’s South Deep gold mine sells 20% more gold in latest quarter
Updated 2 hours 18 minutes ago By: Martin Creamer

The South Deep gold mine in South Africa’s Gauteng province sold 20% more gold in the September quarter and 22% more gold than in the corresponding period of last year. The 86 300 oz of gold sold... 


Rand currency
South Africa's rand pauses slide as investors await next catalyst
Updated 2 hours 56 minutes ago By: Reuters

South Africa's rand inched up early on Wednesday, attempting a recovery from an almost two-month low as investors awaited fresh signals on the global and domestic economic outlook. At 0630 GMT, the... 


Sun City Hotel gets major revamp
Sun City Hotel gets major revamp
Updated 3 hours ago

Sun International’s Sun City Resort, in the North West, has relaunched its Sun City Hotel, reviving its former glory and “reimagining” the iconic original hotel. Natasha Odendaal has the story. 


 Engineering inspection of concrete test cubes.
As Joburg's gold begins to re-show, Pilgrim’s Rest gold plant project accelerates
4th November 2025 By: Martin Creamer

Johannesburg and Pilgrim’s Rest, two locations steeped in South African gold mining history, are both making it clear that their gold resources are far from done. Mining Weekly chalked up reads... 


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Energy Drive COO Dr Nick Moelders
Energy Drive appoints veteran clean solutions expert Moelders COO
4th November 2025 By: Marleny Arnoldi

UK-based motor efficiency company Energy Drive has appointed Dr Nick Moelders COO. Based in the US, his appointment marks a significant step in the company’s global expansion and enhancing its... 


G20
G20 taskforce calls for global panel to tackle 'inequality emergency'
4th November 2025 By: Reuters

A G20 taskforce established by South African President Cyril Ramaphosa has called for the creation of an international panel to tackle inequality, warning that extreme wealth disparities disrupt... 


Cheslyn Jacobs
TymeBank appoints new CEO
3rd November 2025 By: Darren Parker

Digital bank TymeBank has received approval from the South African Reserve Bank’s Prudential Authority to appoint Cheslyn Jacobs as its new CEO, effective January 1, 2026. Jacobs will succeed Karl... 


Itac confirms modest reduction in ferrous scrap discount in newly Gazetted guidelines
Itac confirms modest reduction in ferrous scrap discount in newly Gazetted guidelines
3rd November 2025 By: Terence Creamer

The International Trade Administration Commission of South Africa (Itac) has Gazetted only modest changes to the contentious price preference system (PPS) for scrap metal, reducing the discount for... 


Cybersecurity industry urged to deploy, leverage AI-based systems
3rd November 2025 By: Schalk Burger

AI-based systems used to enhance cyberattacks, mainly by rapidly processing data of companies before and once inside an organisation's digital perimeter, are reducing the time cyberattackers need... 


Sector News

Magazine

Magazine round up | 31 October 2025
Magazine round up | 31 October 2025

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

ON THE MEND: Earlier this month, Transnet Port Terminals (TPT) reported several recovery milestones in its handling of containers and automotives. TPT CEO Jabu Mdaki announced that the State-owned entity had broken 14 performance records in the last six months. “Some of the milestones were last seen ten years ago, including exceeding the 100 000 twenty-foot equivalent units mark in a single week – which TPT has already achieved three times in the current financial year.”
ON THE MEND

Earlier this month, Transnet Port Terminals (TPT) reported several recovery milestones in its handling of containers and automotives. TPT CEO Jabu Mdaki announced that the State-owned entity had... 

Photo of Martin Creamer
The limited investor eagerness that’s popping up must be wholeheartedly supported

Demand upcycles don’t last forever and opening the way for investment during economic upturns benefits everyone. But despite this, certain keen private-sector investors are having to mark time... 

Photo of Terence Creamer
Shocked, not surprised

The latest edition of the Integrated Resource Plan for electricity, dubbed IRP 2025, has been Gazetted and its contents have not really come as any surprise. But that does not suggest it does not... 

Business Leader

Victor Nemukula, MD of Shumani Industrial Equipment
Victor Nemukula

This week we profile Victor Nemukula, MD of Shumani Industrial Equipment, a supplier of industrial equipment, including forklifts and construction equipment 



RED CARPET TREATMENT: There are definite signs across Johannesburg that the struggling city aims to put its best foot forward when hosting the G20 Leaders’ Summit, and related meetings, during November. Most of the spring cleaning is linked to the city’s main corridors, with some serious road maintenance under way. The picture will quickly change, however, should any world leader stray from those carefully manicured routes and into Joburg’s potholed, waterless and traffic-light-defective suburbs and townships.
RED CARPET TREATMENT

There are definite signs across Johannesburg that the struggling city aims to put its best foot forward when hosting the G20 Leaders’ Summit, and related meetings, during November. Most of the... 

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Bell Equipment
Bell Equipment

As one of South Africa's leading manufacturers, Bell Equipment distributes and exports its wide range of heavy equipment globally to mining,...

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Hanna Instruments (Pty) Ltd
Hanna Instruments (Pty) Ltd

We supply customers with practical affordable solutions for their testing needs. Our products include benchtop, portable, in-line process control...

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Rittal
Rittal

Rittal is a world leading provider of top-quality integrated systems for enclosures, power distribution, climate control, IT infrastructure and...

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