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AECI CEO Holger Riemensperger
AECI CEO Holger Riemensperger
AECI mulling future of historic Modderfontein site after difficult few months
Updated 6 hours ago By: Terence Creamer

Explosives and chemicals group AECI is expecting an operational recovery at its iconic Modderfontein plant in the second half of 2025, following a difficult first few months to the year when output was affected by a disruption to the supply of... 


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Fruit and vegetables at a market
South African food inflation accelerated again in May
30th June 2025 By: Rebecca Campbell

Year-on-year food and non-alcoholic beverage (NAB) inflation (hereafter to be referred to simply as food inflation) accelerated in May, for the second consecutive month, the Bureau for Food and... 


African penguin
DFFE will soon publish second draft of ship-to-ship regulations for public comment
30th June 2025 By: Marleny Arnoldi

Forestry, Fisheries and the Environment Minister Dr Dion George has issued a government notice to publish the second draft of regulations for the Environmental Management of Offshore Ship-to-Ship... 


Liquid board carton, PET plastic recycling in South Africa rising – Petco
Updated 6 hours ago By: Schalk Burger

Producer responsibility organisation Petco said its member companies have met the legislated targets for 99% of the tonnage of identified products placed on the market by members in 2024. The... 


MetPac-SA CEO Dr Kishan Singh
PRO Alliance restructured into five strategic pillars
Updated 6 hours ago By: Darren Parker

The Producer Responsibility Organisation (PRO) Alliance – of which metal packaging PRO MetPac-SA is an active member – has been restructured into five strategic pillars: waste picker integration;... 


Caren Sutherns
Johannesburg Chamber of Commerce welcomes new president
Updated 6 hours ago By: Sabrina Jardim

The Johannesburg Chamber of Commerce (JCCI) has appointed Caren Sutherns as its new president, following a successful AGM held on June 25. Sutherns takes over the leadership from Connie Mashaba,... 


Real Economy Graphics

Pay scale: What does a city manager earn in SA?
Pay scale: What does a city manager earn in SA?
27th June 2025

The highest-paid city manager in 2023/24 was in Ekurhuleni, with a remuneration package of R4.57-million. Cape Town’s city manager followed closely at R4.49-million, while eThekwini and... 


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IIW opens WeldArt World Championship to spotlight the creative side of welding
Updated 6 hours ago By: Schalk Burger

International organisation the International Institute of Welding (IIW) has launched the first-ever WeldArt World Championship, placing a spotlight on the creative side of welding aimed at... 


SpaceX falcon 9 rocket carrying Starlink satellites
Musk’s Starlink eyes R2bn South Africa investment
30th June 2025 By: Bloomberg

Billionaire Elon Musk’s Starlink, in a potential workaround of South Africa’s Black-empowerment rules to gain an operating license, may invest about R2-billion in the country, Business Day reported... 


World Bank Group president Ajay Banga
World Bank, IAEA formalise partnership to collaborate on nuclear energy for development
26th June 2025 By: Sabrina Jardim

The World Bank Group and the International Atomic Energy Agency (IAEA) have agreed to collaborate on supporting the safe, secure and responsible use of nuclear energy in developing countries. The... 


President Cyril Ramaphosa
Rand strengthens as South Africa’s coalition avoids collapse
30th June 2025 By: Bloomberg

South Africa’s currency gained after the nation’s fractious ruling coalition weathered its latest storm when a key partner opted to remain in the government. President Cyril Ramaphosa fired the... 


UK trade envoy for Southern Africa Calvin Bailey, MP.
UK committed to fresh value-adding mining approach, says Southern African envoy
27th June 2025 By: Martin Creamer

The UK government is promising Africa a fresh in-Africa value-adding approach to the mining and minerals development it will be going all out to partner and promote. This promise was spelt out... 


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South African stocks poised to extend golden first-half rally
South African stocks poised to extend golden first-half rally
27th June 2025 By: Bloomberg

South African stocks are heading for their best first-half performance in almost two decades, and precious-metal prices could pave the way for further gains. The FTSE/JSE Africa All Share Index is... 


mozambique riots
World Bank warns of deepening poverty in conflict-hit economies
27th June 2025 By: Darren Parker

Conflict and instability are taking a toll on 39 affected economies, driving extreme poverty faster than anywhere else, worsening acute hunger, and pushing key development goals farther out of... 


TNPA issues RFP for Port of Ngqura terminal operator
27th June 2025 By: Darren Parker

State-owned Transnet National Ports Authority (TNPA) has issued a request for proposals (RFP) for the appointment of a terminal operator to fund, design, develop, construct, operate, maintain and... 


At the signing ceremony from left to right: Khanyiso Zihlangu (Project Officer, IPP Office), Antony Phillipson (British High Commissioner to South Africa), Lena Mangondo (Head of Legal Department, IPP Office), Jonathan Hoffman (CEO, Globeleq), Minister Kgosientsho Ramokgopa (Minister of Electricity & Energy), Segomoco Scheppers (Interim CEO, NTCSA) and Ambassador Gjermund Sæther (Norwegian Embassy in SA)
Big 153 MW/612 MWh Red Sands battery storage project achieves commercial close
27th June 2025 By: Terence Creamer

The 153 MW/ 612 MWh Red Sands battery energy storage system (BESS) project in the Northern Cape has advanced to commercial close, following the signing of project agreements with the Department of... 


Image of Cape Town Mayor Geordin Hill-Lewis
Cape Town revises by-law to boost selected backyard housing developments
27th June 2025 By: Irma Venter

Cape Town’s City Council has approved a number of changes to the Municipal Planning By-law (MPBL) in a move it believes will make it easier to develop and build affordable housing, especially in... 


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Magazine

Magazine round up | 27 June 2025
Magazine round up | 27 June 2025

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

MORE SUPPORT: Struggling State-owned freight logistics group Transnet has been granted an additional R51-billion guarantee facility, having been granted a R47-billion guarantee in 2023. “Given Transnet’s debt redemptions over its five-year corporate plan period of R99.6-billion, the government has initiated a process to allocate additional guarantees to Transnet, to at least cover the entire redemptions over the corporate plan period,” Transport Minister Barbara Creecy said, indicating that details would be finalised by July 25.
MORE SUPPORT

Struggling State-owned freight logistics group Transnet has been granted an additional R51-billion guarantee facility, having been granted a R47-billion guarantee in 2023. “Given Transnet’s debt... 

Photo of Martin Creamer
South Africa has all the credentials to develop its own green hydrogen economy

South Africa has all the credentials to develop its own green hydrogen economy in South Africa for South Africa. That is being increasingly acknowledged at business and government level. Green... 

Photo of Terence Creamer
Deadline looms

Memories of that ‘dim-the-lights’ Oval Office ambush have been enveloped in a fog of billionaire-bro brawls, immigrant raids and protests, the militarisation of law enforcement, vaccine-committee... 

Business Leader

Sitho Mdlalose, CEO of telecommunications company Vodacom South Africa
Sitho Mdlalose

This week we profile Sitho Mdlalose, CEO of telecommunications company Vodacom South Africa CEO since 2022  

FACTS & STATS: While it is not certain whether the renowned American writer Mark Twain really said: “There are three kinds of lies: lies, damned lies, and statistics”, the following quote is also often attributed to him: “Facts are stubborn things, but statistics are pliable.” The pliability of South Africa’s own unemployment statistics is now under the spotlight after Capitec CEO Gerrie Fourie questioned Statistics South Africa’s figures, despite these being based on a methodology that is far more orthodox than Fourie’s.
FACTS & STATS

While it is not certain whether the renowned American writer Mark Twain really said: “There are three kinds of lies: lies, damned lies, and statistics”, the following quote is also often attributed... 

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