ADQ, Orion Resource Partners establish metals, mining JV

Abu Dhabi sovereign investment company ADQ and metals and materials investment firm Orion Resource Partners have entered into an agreement to establish a new Abu Dhabi-based joint venture (JV) that... 

Joburg secures award, $10 000 from C40 to implement landfills biogas project

The City of Johannesburg Environment & Infrastructure Services Department (EISD), through its Waste Management & Regulation Unit, secured first prize for its biogas project, as well as $10 000 and... 

Seifsa lauds dtic's Industrialisation Think Tank, but questions lack of steel representation

Industry organisation the Steel and Engineering Industries Federation of Southern Africa (Seifsa) applauds the establishment of an Industrialisation Think Tank housed within the Department of... 

African renewable-energy investment platform launched

Renewable energy company PowerGen Renewable Energy (PowerGen) has partnered with international investors to establish a scalable, distributed renewable energy platform targeting the deployment of... 

Businesses prioritising AI to drive productivity, BCG survey shows

AI remains a top priority for business leaders worldwide this year, with a strong focus on reaping tangible results from their AI initiatives, consulting company Boston Consulting Group's (BCG's)... 

Stocks & Strauss close to R400m second University Technology Fund to drive innovation

Investment holding company Stocks & Strauss Fund Manager said all agreements for its innovation commercialisation University Technology Fund II (UTF II) have been concluded and a substantial... 

Petco looking ahead at further successes as Telly Chauke takes the reins

Telly Chauke has taken over the role of CEO of producer responsibility and recycling organisation Petco, with effect from January 1. Chauke, who is an experienced sustainability specialist, joined... 

Otis playing its role in driving sustainable urbanisation worldwide

Elevator, lift, escalator and moving walkway manufacturer Otis is providing equipment, advice and training to provide the vertical mobility that is needed to support the global trend of... 

CHIETA proposes digital badges to recognise artisan skills development

The Chemical Industries Education and Training Authority (CHIETA) is proposing the use of digital badges as a way of recognising and verifying artisans' achievements, skills and competencies. The... 

CSIR researchers developing foundation-phase home language literacy app

Researchers at the Council for Scientific and Industrial Research (CSIR) are in the research phase of developing an app that helps foundation-phase children to develop literacy skills in their home... 

Decentral Energy to build hybrid energy systems for three retirement residences

Renewable energy and battery company Decentral Energy has entered into a partnership with KwaZulu-Natal Midlands-based retirement accommodation and care company Mowana Communities, which will... 

South Africa can use G20 chairing to drive international policy issues

The South African business and government delegation that attended the World Economic Forum annual meeting, in Davos, Switzerland, last week, encountered a transformed outlook for South Africa.... 

Global steel production increased 5.6% in December

Global crude steel production for the 71 countries reporting to industry organisation World Steel Association (worldsteel) was 144.5-million tonnes in December, which is a 5.6% increase compared... 

South Africa must focus on local factors to strengthen economy – Citadel

South Africa must focus on fundamental local factors it can control to strengthen the economy and the Government of National Unity must act on the systemic issues in the economy, says investment... 

WEF Centre for Industry and Technology South Africa to be hosted at UP

Global economic organisation the World Economic Forum (WEF) will launch four new Centres for the Fourth Industrial Revolution (C4IR), including C4IR South Africa, which will be hosted at the... 

PIC invests in Divercity Urban Property to develop affordable housing

Public investment organisation the Public Investment Corporation (PIC) has made a strategic investment in affordable rental housing company Divercity Urban Property Group to enable further growth... 

Battery minerals demand expected to outpace supply – McKinsey

Demand for battery raw materials will outpace base-case supply for certain materials, requiring additional investment and leading to fear of shortages and price volatility, among other challenges,... 

Network Statement a major step in rail reform – B4SA

Industry organisation Business for South Africa (B4SA) welcomes the release of the Network Statement as an exciting and significant milestone in the journey towards meaningful rail sector reform in... 

GNU must drive service delivery, meaningful change, says CESA CEO

While the post-election period brought its share of challenges, and with South Africa navigating the complexities of the Government of National Unity (GNU), it also sparked a renewed focus on... 

Microsoft demonstrates AI language models, emphasises benefits of its use in Africa

IT software firm Microsoft Developer Community VP Scott Hanselman demonstrated the use of an AI language model on a cellphone and on a laptop at the Microsoft AI Tour, in Sandton, on January 23.... 

Southern African countries urged to collaborate to improve environmental action

Forestry, Fisheries and the Environment Deputy Minister Narend Singh has noted the critical need for collaboration among countries in the Southern African region to address pressing environmental... 

M&R expects business rescue plan for distressed subsidiary by March, other divisions holding firm

JSE-listed mining and construction engineering and contracting company Murray & Roberts (M&R) expects a business rescue plan for its South African subsidiary Murray & Roberts Limited to be... 

Business-govt partnership commits to 3% growth, more jobs for the youth

The second phase of the partnership between government and business aims to deliver economic growth of 3% by the end of the year, which business partners and President Cyril Ramaphosa and a senior... 

Nordex appoints Robert Timmers as MD for South Africa

Onshore wind energy company Nordex Group has appointed Robert Timmers as the new MD for Nordex Energy South Africa (NESA). He returns to South Africa after successfully leading Nordex Australia as... 

Michelin appoints Vitor Silva president for Africa, India and Middle East

Tyre manufacturer Michelin has appointed Vitor Silva as president of the Africa, India and Middle East (AIM) region. He will be based out of Pune, India. He has held several key leadership roles in... 

New Western Soutpansberg Nature Reserve declared

The Western Soutpansberg Nature Reserve (WSNR), covering 14 properties with eight landowners, and spanning over 11 607 ha of critical biodiversity, was officially declared on January 17.... 

Prosper Africa, Afreximbank partner to boost Africa-US trade

US Agency for International Development private sector programme Prosper Africa and trade financing company African Export-Import Bank (Afreximbank) have signed a new memorandum of understanding... 

Government-business partnership recommits to growing economy

President Cyril Ramaphosa, on January 16, met with Ministers and senior business leaders to reaffirm the government-business partnership’s commitment to achieving the shared ambition of... 

Main non-tariff barrier in Africa is infrastructure, potential lies in non-traditional markets

A significant non-tariff barrier (NTB) that business in Africa faces is infrastructure deficiencies, which is hampering growth, specifically for the 16 landlocked countries in Africa that are... 

Schneider Electric sets goal of reducing suppliers’ emissions by 50% by 2025

Electricity and automation company Schneider Electric has set a goal of reducing the carbon intensity of its top 1 000 suppliers by 50% by 2025, Schneider Electric strategy and sustainability... 

B20 South Africa delegation to emphasise collaboration to tackle global challenges at WEF meeting

A delegation from B20 South Africa will attend the upcoming World Economic Forum (WEF) annual meeting, in Davos, Switzerland, led by B20 South Africa Sherpa Cas Coovadia, along with co-chairpersons... 

PowerGen launches African renewable energy investment platform

Renewable energy company PowerGen Renewable Energy (PowerGen) has partnered with international investors to establish a scalable, distributed renewable energy platform targeting the deployment of... 

OPEC Fund commits $30m to 1.1 GW Gulf of Suez wind farms in Egypt

Development finance institution the OPEC Fund for International Development is cofinancing Africa’s largest onshore wind power project by contributing $30-million to the construction of two 550 MW... 

Businesses prioritising AI to drive productivity, BCG survey shows

AI remains a top priority for business leaders worldwide this year, with a strong focus on reaping tangible results from their AI initiatives, consulting company Boston Consulting Group's (BCG's)... 

Trade expectations outpace trade activity in December – Sacci

The trade outlook in December remained well into positive territory, but present trade activity is still in negative territory, according to business organisation the South African Chamber of... 

SA Tourism expects to generate R616m from 53 planned events

Tourism promotion agency South African Tourism (SA Tourism) has secured fifty-three bids for international events in the 2024/25 financial year to March 31, 2025, which are expected to generate... 

South African online population expresses optimism about AI - survey

Similar to global attitudes becoming more positive about the use of AI, South Africa too demonstrates a growing embrace of AI, with adoption rates and enthusiasm on the rise, a global survey by... 

South Africa needs strong steel policies or risks losing more manufacturing, Memsa warns

Localisation policies and incentives for manufacturers must be restored and expanded to shield the South African economy from further de-industrialisation, with the closure of steel producer... 

Photon Energy to build 250 MW solar, thermal storage plant in KZN

European renewable-energy company Photon Energy has successfully secured 1 200 ha of land for a 250 MW concentrated solar PV plant with 150 MW (1.8 GWh or 12 hours) of thermal hydro storage to be... 

ACHASM appoints Tibor Szana as its sixth director

Industry organisation the Association of Construction Health and Safety Management (ACHASM) has appointed Tibor Szana as director, effective December 16, 2024. Szana, a retired Department of...