Shoprite, four global retailers form $125m venture fund aimed at innovation

Five grocery retailers, including South Africa’s Shoprite group, have established a venture fund called W23 Global. W23 Global brings together Ahold Delhaize (US, Europe, Indonesia), Tesco (UK,... 

Reforms to cut red tape starting to bear fruit – Ramaphosa

President Cyril Ramaphosa believes that government’s efforts to cut the red tape holding back infrastructure development are beginning to bearing fruit. Delivering the keynote address at... 

Govt turns to private sector to fix public facilities

Given the current economic downturn, government does not have the resources to look after all its assets, says Department of Public Works and Infrastructure (DPWI) property management trading... 

Infrastructure SA names 12 projects it will unlock in 2024/25

Infrastructure South Africa (ISA) unveiled 12 “infrastructure projects for preparation” for the 2024/25 financial year at the Sustainable Infrastructure Development Symposium South Africa 2024... 

Infrastructure SA gets R600m boost from Treasury for project preparation

The National Treasury has allocated Infrastructure South Africa (ISA) a budget of R600-million over three years to “prepare projects”, says ISA head Mameetse Masemola. Addressing a media conference... 

DP World wins big as bpSA outsources its secondary transport ops

DP World will take over bp Southern Africa’s (bpSA’s) Cape Town, Johannesburg, Pretoria and Rustenburg logistics operations as the energy group has opted to outsource its secondary transport. In... 

PRASA restores five more rail corridors partially

The Passenger Rail Agency of South Africa (PRASA) says it has restored another five Metrorail corridors across Gauteng, KwaZulu-Natal and the Western Cape. These rail services were interrupted by... 

New-vehicle sales plummet 11.7% in March

New-vehicle sales plummeted by 11.7% in March, to 44 235 units, compared with the same month last year. Sales for the first quarter of the year are now 5.3% below the same period last year. 

New online portal launched to aid Cape Town’s solar PV boom

The City of Cape Town has launched a new online application portal for solar photovoltaic (PV) installations. More than 5 000 solar PV systems have been authorised to date, totalling 126 MVA, with... 

Varsity, private firm in partnership to develop protocol for production of radiopharmaceuticals

Stellenbosch University (SU) and high-tech company Enlightened Isotopes, a subsidiary of ASP Isotopes, have entered into an R8.5-million research partnership to develop a protocol for the... 

Toyota launches expanded accessories programme in SA

Toyota South Africa Motors (TSAM) has launched a new programme called Associated Accessory Products (AAP). The local arm of the Japanese carmaker says this one-stop-shop offering will complement... 

Ctrack transport, freight index shows deterioration in all but one of six sectors tracked

After increasing somewhat in December, the Ctrack Transport and Freight Index (TFI) declined notably in January to a level of 119.3 – a drop of 2.1%, compared with December’s 121.9. The extent of... 

Cape Town tables R76.4bn budget; infrastructure spending at R12.1bn

Cape Town Mayor Geordin Hill-Lewis has tabled a R76.4-billion draft budget for the city for the 2024/25 financial year. The budget proposes record infrastructure investment of R12.1-billion for the... 

Metair to tackle high debt, gauge Mutlu’s future  

Metair is still very much open for business and the group is able to accommodate new clients should they need automotive components or energy solutions, says new CEO Paul O’Flaherty. O’Flaherty,... 

China’s LDV launches in the local bakkie, commercial vehicle market

LDV is the latest automotive brand from China to enter South Africa, with the Asian country seemingly intensifying its efforts to become the world’s new automotive powerhouse. LDV forms part of... 

GAC Motor joins inflow from China; Ramsoomar appointed as MD

China’s GAC Motor has appointed Salvador Caetano Auto as the distributor and retailer of GAC vehicles, spare parts and related services in South Africa (SA). GAC Motor is a subsidiary of the... 

Toyota adds Hilux, Fortuner hybrids to its local production line-up

Toyota South Africa Motors (TSAM) has added the Hilux double-cab and Fortuner 48 V mild hybrids to its local production line-up at its Durban plant in KwaZulu-Natal. The addition of the new models... 

BW8 last under IRP 2019, nuclear ambitions not a pipe dream – Mantashe

Bid Window 8 of government’s Renewable Independent Power Producer Procurement Programme will be the last bid window under the Integrated Resource Plan (IRP) 2019, says Mineral Resources and Energy... 

Grindrod to spend big at Maputo’s Matola drybulk terminal to grow capacity

Ports and logistics group Grindrod is set to invest big in its Matola drybulk terminal in Mozambique. Announcing Grindrod’s financial results for the year ended December 31 earlier this month, CEO... 

‘It’s not all doom and gloom in our space’ – WBHO boss

With a total pipeline of work of R240-billion, up from R211-billion in June, Wilson Bayly Holmes-Ovcon’s (WBHO’s) short- to medium-term future “should be okay”, says CEO Wolfgang Neff. “It’s not... 

Cape Town completes R2bn Zandvliet Waste Water Treatment Works upgrade

The upgraded Zandvliet Waste Water Treatment Works has been handed over by the contractor to Cape Town Mayor Geordin Hill-Lewis. Contractors in the city are not named to protect them from extortion... 

Cape Town’s MyCiTi Spine Road depot construction 65% complete

The City of Cape Town (CoCT) says construction work on two new MyCiTi depots, located on the corner of Spine Road and Mew Way between Khayelitsha and Mitchells Plain, is now 65% complete. City... 

Red tape reforms starting to bear fruit ­– Ramaphosa

President Cyril Ramaphosa believes that government’s efforts to cut the red tape holding back infrastructure development are beginning to bearing fruit. Delivering the keynote address at... 

Infrastructure SA names 12 projects it will aim to unblock this financial year

Infrastructure South Africa (ISA) has unveiled 12 “infrastructure projects for preparation” for the 2024/25 financial year at the Sustainable Infrastructure Development Symposium South Africa 2024... 

Govt turns to private sector to fix public sector facilities

Given the current economic downturn, government does not have the resources to look after all of its assets, says Department of Public Works and Infrastructure (DPWI) property management trading... 

As govt skills falter, Infrastructure SA gets R600m boost from Treasury for projects to reach financial close

National Treasury has allocated Infrastructure South Africa (ISA) a budget of R600-million over three years to “prepare projects”, says ISA head Mameetse Masemola. Addressing a media conference at... 

Toyota, Ford and VW come out tops in 2023 AutoTrader report

In 2023, Toyota took top position as South Africa’s most sold used-car brand with 60 296 units changing hands, while the Ford Ranger reigned supreme as the country's most sold used model, at 20 156... 

Cape Town businesses, households get R25.8m for excess electricity fed back into grid

The City of Cape Town says businesses and households have earned more than R25.8-million under the city’s Cash for Power programme since the start of the 2022/23 financial year. This comes after... 

Cape Town aims to invest R43bn in infrastructure over next three years – mayor

Cape Town mayor Geordin Hill-Lewis says the city will invest R43-billion in infrastructure over the next three years. The ten-year project pipeline is valued at R120-billion. 

2024 Car of the Year finalists announced

The South African Guild of Mobility Journalists (SAGMJ) has announced the 18 finalists of the Old Mutual Insure 2024 Car of the Year (COTY) competition. “We eagerly await the upcoming competition... 

Standard Bank partners with mobility startup Planet42

Standard Bank has partnered with Planet42 in a R300-million deal it believes will enable the mobility startup “to shake up the passenger car market by broadening access to personal vehicles and... 

Mazda Southern Africa discontinues BT-50 bakkie sales

Mazda Southern Africa has announced that the Mazda BT-50 double-cab bakkie has reached the end of the line in the local market. Since it debuted in 2008, replacing Mazda’s B-series of... 

Toyota launches expanded accessories programme in South Africa

Toyota South Africa Motors (TSAM) has launched a new programme called Associated Accessory Products (AAP). The local arm of the Japanese car maker says this one-stop-shop offering will complement... 

Stellenbosch laser physicists to develop protocol for production of high-tech radiopharmaceuticals

Stellenbosch University (SU) and high-tech company Enlightened Isotopes, a subsidiary of ASP Isotopes, have entered into an R8.5-million research partnership to develop a protocol for the... 

New online portal launched to aid Cape Town’s solar PV boom

The City of Cape Town has launched a new online application portal for solar photovoltaic (PV) installations. More than 5 000 solar PV systems have been authorised to date, totalling 126 MVA, with... 

Broad-based weakness evident in the logistics sector – Ctrack index

After increasing somewhat in December, the Ctrack Transport and Freight Index (TFI) declined notably in January to a level of 119.3 – a drop of 2.1% compared with December’s 121.9. The extent of... 

WBHO’s head office goes green in R20m project

Construction group Wilson Bayly Holmes-Ovcon (WBHO) is installing large-scale solar panel arrays on the rooftops of three buildings of its headquarters in Johannesburg. The first of the three... 

Ctrack index points to another year of ‘fairly subdued’ transport-sector growth

The Ctrack Transport and Freight Index (Ctrack TFI) forecasts “another year of fairly subdued growth for the transport sector”. This is based on the assumption of mediocre economic growth in South... 

'Asian brothers' coming to SA 'with a force', says Motus boss

Motus’ stable of imported vehicle brands – Hyundai, Kia, Renault and Mitsubishi – all experienced a tough six months towards the end of last year. Speaking at the company’s financial results... 

VWSA could announce third production model this year, expects uptick in 2024 car market

Volkswagen Group South Africa (VWSA) will hopefully this year receive the final confirmation on the production of a third model at the Kariega plant, says MD Martina Biene. This third model will...