NEV summit aimed at contributing to a sustainable automotive sector

The New Energy Vehicle (NEV) summit, which will take place on October 22 and 23, is aimed at supporting the transition of South Africa's automotive sector to an environment-friendly and sustainable... 

Global steel demand to be flat in 2025 while 2026 set for growth – worldsteel

Industry association the World Steel Association (worldsteel) projects global steel demand to be flat at about 1.75-million tonnes this year, compared with 2024. Demand is, however, expected to... 

KFC Africa hosts hackathon, to co-develop pilot projects with winning teams

Fast-food franchise KFC Africa hosted a week-long hackathon that saw 60 participants developing new ideas to tackle child hunger. It will co-develop pilot programmes from the winning ideas with the... 

Calgro M3 posts lower interim earnings

JSE-listed property investment company Calgro M3 recorded a 17.72% year-on-year decrease in its earnings per share (EPS) to 83c for the six months ended August 31. Headline earnings a share (HEPS)... 

DFFE achieves unqualified audit for 2024/25 financial year

The Department of Forestry, Fisheries and the Environment (DFFE) has achieved an unqualified audit opinion from the Auditor-General for the 2024/25 financial year ended March 31, which reflects... 

BRICS Astronomy Meeting 2025 to be held in Brazil from Oct 13 to 17

Intergovernmental organisation BRICS Plus will hold the BRICS Astronomy Meeting 2025 in São José dos Campos, Brazil, from October 13 to 17. The conference, under the theme ‘Multi-messenger and... 

Ten startups using AI selected for Google Startups for 2025 Accelerator programme

Ten South African startups tackling challenges in fields ranging from healthcare to law and agritech have been selected for the Google for Startups Accelerator (GFSA) 2025 programme, and have begun... 

Seifsa joins Busa in opposing new Employment Equity Sector Targets

Industry employer organisation the Steel and Engineering Industries Federation of Southern Africa (Seifsa), which is a member of industry organisation Business Unity South Africa (Busa), has... 

Paramount delivers 12 Marshall riot vehicles to SAPS

Aerospace and defence group Paramount South Africa has handed over the first batch of 12 new Marshall internal security vehicles to the South African Police Service (SAPS). The armoured vehicles... 

AI-powered fintech company seeks to raise R1.3bn in IPO, list on the JSE

AI-powered financial technology (fintech) company Optasia plans to undertake an initial public offering (IPO) to raise about R1.3-billion, while also listing on the JSE. The company aims to drive... 

TNPA awards concession for Cape Town liquid bulk terminal to FFS Tank Terminals

State-owned Transnet National Ports Authority (TNPA) has signed a terminal operator agreement with FFS Tank Terminals to operate and maintain a liquid bulk terminal at the Port of Cape Town for a... 

Growthpoint Healthcare acquires Auria, enters senior living market

Real estate investment trust Growthpoint Properties subsidiary Growthpoint Healthcare Property will acquire the properties and operations of senior living communities developer and operator Auria... 

Installed renewable capacity set to double by 2030 – IEA

Global renewable power capacity is predicted to increase by 4 600 GW, or more than double, by 2030, led by the rapid rise of solar PV, says intergovernmental organisation the International Energy... 

Afrimat flags improved performance, higher interim EPS and HEPS

JSE-listed construction materials and industrial minerals company Afrimat expects to report a 74% to 79% year-on-year increase in earnings per share (EPS) to between 101.4c and 104.3c for the six... 

ACTOM acquires SGB-SMIT Power Matla

Power transformers and electrical infrastructure company ACTOM has acquired primary transformer manufacturing company SGB-SMIT Power Matla (SSPM), which will enhance ACTOM's transformer... 

Tribunal finds Cape Gate was part of scrap metal buyers’ cartel

The Competition Tribunal has found that certain large buyers of scrap, including steel and wire products company Cape Gate, had entered into an agreement to fix the purchase price of scrap metal.... 

AfDB, JGC Corp to explore development of sustainable aviation fuel in Africa

Development finance institution the African Development Bank (AfDB) and Japanese engineering company JGC Corporation have signed an agreement to cooperate in the development of sustainable aviation... 

AGOA expiry must prompt South Africa to pursue alternative trade relations – Mavuso

The expiry of the US preferential trade framework the African Growth and Opportunity Act (AGOA) on September 30 means that South Africa must aggressively pursue alternative trade partnerships... 

Employers not paying retirement contributions and withdrawal benefits make up majority of 2025 complaints – PFA

Statutory body the Office of the Pension Funds Adjudicator (PFA) recorded a 13% increase in the number of new complaints during the 2024/5 financial year to 10 331, with 10 100 resolved.... 

Orion ups capital raise to almost R100m on strong investor backing

Diversified miner Orion Minerals has again increased the size of its capital raising, now targeting A$8.6-million, or about R99-million, after receiving further firm commitments from investors. The... 

Tau warns SA must embrace new energy vehicles to remain competitive

Trade, Industry and Competition Minister Parks Tau says South Africa’s future competitiveness in the automotive sector hinges on rapidly embracing new energy vehicles (NEVs), as the global auto... 

Agentic AI systems account for 17% of total AI value this year – BCG

Agentic AI systems account for 17% of total AI value this year. This is expected to increase to 29% by 2028, says management consulting firm Boston Consulting Group (BCG) in its 'The Widening AI... 

Airlink receives first three new Embraer E195-E2 jetliners

Airline Airlink has accepted the first three of ten new Embraer E195-E2 jetliners under its lease agreement with aircraft leasing company Azorra. The newly built aircraft will bolster Airlink's... 

DFFE reports progress in revitalising 12 Western Cape fishing harbours

The Department of Forestry, Fisheries and the Environment (DFFE), in an update on the revitalisation of the Western Cape’s 12 proclaimed fishing harbours, reports steady improvements in... 

PPC Zimbabwe, Zim land buyer agree to extend closing date to Feb 27

JSE-listed cement and related products company PPC's subsidiary PPC Zimbabwe and Zimbabwean property development company Transvaal Africa, which will buy PPC Zimbabwe's vacant Arlington property,... 

African agricultural, light manufacturing product exports face shrinking market after end of Agoa

African exporters of agricultural and light manufacturing products could face shrinking market access to the US, while the expiry of the US preferential trade framework the African Growth and... 

JCCI to launch digital platform to provide fast and more services to business members

The Johannesburg Chamber of Commerce and Industry (JCCI) will, on October 6, launch its digital platform for its member businesses, and all its services, including business training courses,... 

Sungrow to build 233 MW solar PV plant in DRC for CrossBoundary Energy

Renewable energy project developer Sungrow will build a 233 MW solar PV plant in the Democratic Republic of Congo (DRC) for commercial and industry energy investment company CrossBoundary Energy,... 

South Africa, Switzerland form research and innovation partnership programme

South Africa and Switzerland have formed the Swiss–South Africa Innovation Partnership Programme – a multiyear initiative designed to accelerate research-based innovation, inbound technology... 

Connecting 300m people in Africa to electricity could boost GDP by $500bn by 2040 – BCG

In Africa, 600-million people lack access to electricity, despite global energy poverty having decreased by about 80% since 2010. By providing electricity access to 300-million of those Africans... 

BII invests $20m in hardest-to-reach Africa energy access expansion initiative

UK development finance institution British International Investment (BII) has committed $20-million to impact investment organisation Acumen’s Hardest-to-Reach (H2R) Initiative to help expand... 

Energy dept, SAREM committee pledge to accelerate country's renewable energy plan

The executive oversight committee (EOC) of the South African Renewable Energy Masterplan (SAREM) and Electricity and Energy Deputy Minister Samantha Graham-Maré have signed a pledge in which they... 

Vukile reports strong operational performance for the first five months of its financial year

JSE-listed retail-focused real estate investment trust Vukile Property delivered strong operational results across its portfolio during the five-month period ended August 31, and is on track to... 

Port of Cape Town registers modest improvement in efficiency, private sector management needed - Hill-Lewis

City of Cape Town Mayor Geordin Hill-Lewis has reiterated his call for private sector management of the Port of Cape Town to consolidate improvements at the port, after it registered a modest... 

CHARGE hosts naamsa's NEV road trip at its solar-powered charging station

Renewable energy offgrid charging infrastructure company Zero Carbon Charge (CHARGE) hosted the industry organisation naamsa | The Automotive Business Council's New Energy Vehicle (NEV) Road Trip... 

Nampak appoints Riaan Heyl CEO from Feb 2026

JSE-listed packaging manufacturer Nampak has appointed Riaan Heyl CEO, with effect from February 1, 2026. The board of Nampak is confident Heyl will advance the current business transformation... 

Seifsa to go on roadshow in Nov to hear from industry members

Industry employer organisation the Steel and Engineering Industries Federation of Southern Africa (Seifsa) will undertake a roadshow in November to hear about members’ concerns and expectations and... 

OLX to acquire French firm to boost its motoring classifieds

Online classifieds multinational OLX, which is wholly-owned by JSE-listed consumer Internet investment group Prosus, has entered into an agreement to acquire French automotive classifieds platform... 

TNPA hosts Port Open Days for Grade 9, 10 learners to spur interest in maritime careers

State-owned ports operator Transnet National Ports Authority (TNPA) recently hosted Port Open Days to spark interest among Grade 9 and 10 learners of coastal communities in maritime careers. More... 

Milken-Motsepe Prize in AI and Manufacturing names ten semifinalists

Nonprofit think tank The Milken Institute and philanthropy organisation the Motsepe Foundation have announced the ten semifinalist teams of the Milken-Motsepe Prize in AI and Manufacturing. The...