Significant amendments to the request for proposal (RFP) documentation for South Africa’s much-delayed procurement of 2 000 MW of gas-to-power capacity have been unpacked, including an updated fuel pricing formula and an increase in the minimum...
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The United Nations Development Programme (UNDP) in South Africa has launched the Digital Innovation for Modernising the Independent Economy (DIME) initiative to transform township economies through...
Every $1-billion invested globally in AI-dedicated data centres requires about $125-million in related energy-sector investment, with two-thirds of this amount needed for grid upgrades and...
Infrastructure and industrial development institution Africa Finance Corporation (AFC) has obtained a $75-million loan facility from the Arab Bank for Economic Development in Africa (BADEA). The...
Physically settled platinum and palladium futures contracts and futures options will commence trading on November 27 on China’s Guangzhou Futures Exchange, which is cracking a world first by taking...
Japan is in talks with South Africa over potentially helping the country finance the reorganisation of its energy sector. The funding, if implemented, would add to the as much as $150-million lent...
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Most of us live in a world where going to work means an office with a desk and a computer. But there are millions of South Africans – ‘deskless’ workers – who live in another world.
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Developed and built in South Africa specifically for African operating conditions, pumps and valves product manufacturer, KSB Pumps and Valves (KSB) has launched a new self-priming wastewater pump,...
South African food inflation declined for the third consecutive month, in October, the Bureau for Food and Agricultural Policy (BFAP) has highlighted in its latest “Food Inflation Brief”. (The BFAP...
E-commerce retailer and service provider Takealot increased its revenue by 23% year-on-year for the six months to September 30, and narrowed its loss before interest and taxes by 68% to...
Impact investment management company Summit Africa has secured about R900-million in investment commitments toward its second private equity fund Summit Private Equity Fund II’s (SPEF II’s) target...
JSE-listed real estate investment trust Octodec Investments’ distributable income per share increased by 8.2% for the financial year ended August 31, on the back of a resilient portfolio...
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Even though there is consensus that gold has probably already hit its 2025 high point and is unlikely to go beyond the all-time-record it set in October when it breached the $4 300/oz mark, a Santa...
State-owned utility Eskom has welcomed S&P Global Ratings’ decision to upgrade the company’s foreign and local currency long-term credit ratings from B to B+, with a stable outlook. The upgrade...
The Department of Trade, Industry and Competition (dtic) has again confirmed that it is continuing with its negotiations with the US in a bid to reduce the 30% reciprocal tariffs that have been...
Pretoria-based defence engineering company Centauri Technologies has announced that the counter uncrewed aerial system (C-UAS), more popularly known as an anti-drone system, that it has developed,...
Three years after listing on the JSE, integrated mobility group Zeda says it plans to scale up by expanding its reach into the rest of Africa. Announcing the company’s financial results for the...
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A video round up of this week’s magazine, highlighting our cover story, features and Business Leader.
The Simandou iron-ore project in Guinea is regarded as Africa’s largest greenfield development. Besides the mine, the integrated project includes a 600-km multi-use rail line, barge and...
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Every possible G20 opportunity must be seized and South Africa’s full positive potential brightly showcased to attract ongoing attention post G20. From now on, South Africa must put its best foot...
There are signs that the long-promised change to the composition of government spending – from consumption to capital investment – is at last taking shape. In his Medium-Term Budget Policy...
Business Leader
This week we profile Deon Verster, country manager at PayJoy South Africa, a financial technology company that enables customers to buy smartphones through affordable installment plans, using its...
The fight over South Africa’s scrap metal policy is set to continue. Following a review, the International Trade Administration of South Africa, or Itac, made only modest changes, lowering the...
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