Kenya, Somali security exchanges sign partnership for cross-border investment and financial integration

The Nairobi Securities Exchange (NSE) of Kenya and the National Securities Exchange of Somalia (NSES) have signed an agreement to deepen cooperation in East Africa’s capital-markets ecosystem and... 

African resources to drive global energy transition, but capital to develop remains expensive - RMB

Africa's natural capital of mineral and natural resources underpins the continent’s development agenda and places it at the centre of the global clean energy transition, and demand for critical... 

Oni-Tel launches fibre network to connect data centres in Gauteng

Fibreoptic cable infrastructure company Oni-Tel Fibre Networks has launched its inter-data centre fibre network. The high-speed fibre backbone connects all major data centres across Gauteng, which... 

IFC extends $58.5m loan to Candi Solar for South African, Indian solar projects

Commercial and industrial solar power company Candi Solar has secured $58.5-million in funding from development finance institution the International Finance Corporation (IFC), which is a member of... 

Tax, policy gaps stand between automotive manufacturing goals and reality

The South African Automotive Masterplan 2035 and the Automotive Production Development Programme (APDP) both aim to grow the local automotive manufacturing industry, but the country's vehicle tax... 

UNDP launches initiative advancing food safety among township enterprises using digital tools

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... 

For each $1bn invested in data centres, $125m of investments needed in energy infrastructure – Coface

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... 

Next six months critical for Takealot as it aims for full-year profit

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... 

Summit Africa raises R900m with second private equity fund

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... 

Sars launches Large Business Forum to boost relationships and compliance

The South African Revenue Service (Sars) has launched the Large Business Forum to foster voluntary compliance and strengthen the relationship with South Africa’s largest corporate taxpayers. “The... 

Wits launches honours, master's cybersecurity postgraduate degrees

The University of the Witwatersrand (Wits) will launch two new postgraduate degrees in cybersecurity aimed at developing highly skilled professionals to safeguard Africa’s digital future. People... 

PPC grows interim revenue, earnings, Ebitda as turnaround gains momentum

JSE-listed cement and building materials manufacturer PPC has reported a 6.2% year-on-year increase in revenue and a 23.5% year-on-year increase in earnings before interest, taxes, depreciation and... 

Naspers, Prosus provide $100 000 grant funding to five female founder winners of Africa Tech Challenge

JSE-listed technology investment management companies Naspers and its Europe-listed subsidiary Prosus will provide equity-free grant funding totalling $100 000 to the five winning female founders... 

EIB Global extends €350m loan to Transnet for modernisation, green hydrogen efforts

Multilateral finance institution the European Investment Bank’s (EIB’s) development finance arm EIB Global has extended a €350-million loan to State-owned transport and logistics company Transnet.... 

Seifsa awards celebrate grit of metals, engineering sector companies

Industry employer organisation the Steel and Engineering Industries Federation of Southern Africa (Seifsa) hosted its tenth yearly Awards for Excellence, which recognised the breadth of talent in... 

Finance industry on the right track to fast, secure payments, says Capitec

South Africa's finance industry is on the right track to enable real-time payments, with initiatives such as low-cost money transfer scheme PayShap moving the country towards the unified, real-time... 

AI data centre expansion exposes strains in construction supply chains

The complex requirements of new data centres that are capable of supporting AI workloads may be outpacing supply chain preparedness, says professional services company Turner & Townsend in its... 

Sharp rise in identity, AI-driven cyberattacks in Africa, as AI shifts attacker tactics - Check Point

Cybersecurity company Check Point’s 'African Perspectives on Cyber Security Report 2025' shows a sharp rise in cyberattacks across the continent and a major shift in the tactics of attackers that... 

Bidvest International Logistics opens new pharmaceutical warehouse at OR Tambo airport

Transport and logistics company Bidvest International Logistics (BIL) has opened a new pharmaceutical warehouse in OR Tambo International Airport, in Ekurhuleni, east of Johannesburg, to meet the... 

First Walmart store in South Africa to open in Clearwater Mall on Nov 22

US-based retail multinational Walmart will open its first branded store in South Africa on November 22, at Clearwater Mall in Roodepoort, Johannesburg, marking its official entry into the country.... 

Anti-fraud professionals warn of continuing rise in AI-powered fraud techniques

A cross-industry survey of anti-fraud professionals found that 77% of respondents reported an acceleration in deepfake social engineering over the past 24 months; and that 28% of respondents expect... 

Volkswagen builds two-millionth Polo at Plant Kariega, destined for Australia

Automotive manufacturer Volkswagen Group Africa (VWGA) completed the production of its two-millionth VW Polo – a smoky grey Polo destined for Australia that rolled off the production line at its... 

Trade conditions remain in negative territory – Sacci

Trade conditions remained in negative territory in October, with the South African Chamber of Commerce and Industry (Sacci) Trade Conditions Survey at 46, below the neutral level of 50. The average... 

Puma Energy appoints industry veteran Amanda Lopez as South Africa GM

Fuel retail company Puma Energy has appointed Amanda Lopez as South Africa GM to lead its operations in the country, as it aims to expand its presence and customer offering. “Amanda’s deep... 

EPCs necessary to improve energy efficiency of South Africa’s buildings

The new regulations requiring buildings to display their energy performance certificates (EPCs), which rate their energy-use efficiency, at entrances come into force on December 7. While... 

Awareness of mining low among new engineers, but energy transition can prompt them to join industry – report

Engineering group Sandvik's 'The future of mining talent: What STEM graduates really think' report says that, while awareness of mining remains low among young engineers, many are open to joining... 

Digital Parks Africa, Master Power Technologies get European energy efficiency certifications

Data centre services company Digital Parks Africa (DPA) has been certified as a participant in the European Commission’s Code of Conduct for Energy Efficiency in Data Centres, while industrial... 

Nersa notes Sasol Gas's max price adjustment down by 6% for Jan to March 2026

JSE-listed chemicals and energy company Sasol’s gas subsidiary Sasol Gas had submitted information to the National Energy Regulator of South Africa (Nersa) in support of its maximum gas price... 

Mukona Group acquires Mega Pile, to provide geotechnical services across Southern Africa

Geotechnical engineering firm Mukona Group has acquired South African geotechnical investigations, piling and lateral support company Mega Pile to create a comprehensive geotechnical services... 

Springbok solar project reaches commercial operation ahead of schedule

Renewable energy company the SOLA Group's 195 MW Springbok solar power project, in Virginia, in the Free State, has achieved an early commercial operation date. The multi-buyer, flexible energy... 

South Africa moves to create system for tracking clean-energy attributes

South Africa's public and private sectors involved in environmental regulations and electricity are working to develop an energy attribute certificate (EAC) system that would enable the... 

SAPVIA welcomes R2bn electricity transmission expansion facility

Industry organisation the South African Photovoltaic Industry Association (SAPVIA) says the announcement of a R2-billion Credit Guarantee Vehicle specifically for the expansion of South Africa’s... 

Commentators praise MTBPS fiscal discipline, moving expenditure to investment

Various business organisations and economists have praised the 2025 Medium-Term Budget Policy Statement (MTBPS), delivered by Finance Minister Enoch Godongwana on November 12, for maintaining... 

High electricity prices to continue putting pressure on mining, smelting, says Minerals Council

The improvement in the performance of State-owned Eskom’s ability to supply electricity and the uptick in Transnet’s operational performance bode well for mining, but the sector faces the threat of... 

Dipula posts 5% growth in full-year distributable earnings

JSE-listed real estate investment trust Dipula Properties says its performance for the second half of its financial year to end August 31 outpaced that of the first half, driving a full-year... 

Cassava Technologies launches AI multi-model exchange for African network operators

Digital services and infrastructure company Cassava Technologies has launched its Cassava AI Multi-Model Exchange (CAIMEx) platform, which is designed to make AI tools and large language models... 

Teraco to expand Cape Town CT1 data centre

Data centre infrastructure company Teraco will expand its 2 500 m², 3 MW CT1 data centre by a further 1 000 m² of data hall space and 2 MW of critical information technology load. The facility... 

Barloworld showcases R68m investments in its Rebuild Centre

Industrial equipment and services company Barloworld on November 11 took media on a tour of its Rebuild Centre, which completes an average of 2 000 rebuilds a year of components and engines for... 

Insimbi Ridge Precinct to build new inland staging, intermodal capacity for N3 corridor

Privately funded freight-corridor hub the Insimbi Ridge Precinct, which will introduce new inland staging and intermodal capacity, in Cato Ridge, KwaZulu-Natal, that will directly relieve pressure... 

SARB takes 50% shareholding in PayInc, establishing it as a national payments utility

Automated clearing house and payments infrastructure company PayInc, previously known as BankservAfrica, says the South African Reserve Bank (SARB) has subscribed to a 50% equity shareholding in...