NOA Group to supply Old Mutual Real Estate portfolio with wheeled renewable power

Property fund Old Mutual Real Estate Holding Company (OMREHC) has entered into an energy supply agreement with commercial and industrial renewable energy company NOA Group Trading to provide... 

Kaspersky, AFRIPOL sign partnership agreement to prevent and fight cybercrime

Cybersecurity company Kaspersky and African Union policing institution AFRIPOL have signed a cooperation agreement aimed at preventing and fighting cybercrime. Covering a period of five years, the... 

Fintech, partners offer WhatsApp solution to improve access to banking services

A bank card that enables cardholders to manage their account and money through a WhatsApp solution has been launched by fintech Mama Money in collaboration with financial services firm Access Bank... 

Eskom once again urges prepaid metered customers to recode their meters before Nov 24

State-owned power utility Eskom is once again urging all prepaid electricity customers to update their meters immediately to avoid an unexpected loss of electricity after the deadline of November... 

PPC moving into second phase of its recovery plan

JSE-listed cement and construction materials company PPC has started working on the second phase of its turnaround strategy, with the benefits of its first phase evident in its results for the six... 

Renewable-energy minigrids can empower informal sector in Africa

About 70% of Africa's population are employed in the informal sector, and renewable energy-based, small-scale microgrids or minigrids present an opportunity to provide decentralised electricity to... 

SAPVIA calls for incentives for SSEG market

Industry organisation the South African Photovoltaic Industry Association (SAPVIA) has made a presentation to Parliament's Portfolio Committee on Electricity and Energy in which it called for solar... 

Provinces increase their expenditure by nearly 5% in the second quarter

National Treasury has revealed that South Africa's provinces spent 50.6%, or R384.9-billion, of the allocated main budget of R760.1-billion in the second quarter of the 2024/25 financial year,... 

TotalEnergies, bp, Equinor and Shell to invest $500m to improve energy access in Africa, Asia

Oil, gas and energy multinational companies TotalEnergies, bp, Equinor and Shell have made a $500-million joint investment commitment to create positive energy access impact for people in key... 

Ramokgopa to recommend lifting PBMR from care and maintenance

The Department of Electricity and Energy is preparing a report to Cabinet to recommend the approval of lifting the pebble bed modular reactor (PBMR) from care and maintenance to allow South Africa... 

Umbogintwini bridge to be upgraded with modern construction engineering technology – Sanral

The Umbogintwini River Bridge, on the N2 in KwaZulu-Natal, is part of the R50-billion upgrade programme of the N2 and N3 freeways in the province, and advanced engineering technology will in future... 

SA mulling new ways to unlock much-needed rail infrastructure investment

Amid existing initiatives to achieve the correct rail access pricing to make it economically viable for private rail operators to invest, provide services and help State-owned transport agency... 

SA mulling new ways to unlock much-needed rail infrastructure investment

Amid existing initiatives to achieve the correct rail access pricing to make it economically viable for private rail operators to invest, provide services and help State-owned transport agency... 

MTN earns higher revenue from data, fintech growth in the third quarter

Mobile network operator MTN achieved a 12.9% increase in group revenue in constant currency terms, with data revenue having increased by 21.3% and financial technology (fintech) revenue by 28.9%... 

MTN SA, Huawei complete first 5.5G mobile network trial in South Africa

Mobile network firm MTN South Africa and information technology multinational Hauwei have, in a strategic partnership, completed the first 5.5G network trial in South Africa at the MTN Head Office,... 

Sustained investment in transport infrastructure to drive growth and competitiveness – SAICE

Given South Africa's significant infrastructure challenges, sustained investment in transport infrastructure is critical to drive economic growth and improve the quality of life for citizens, says... 

Teraco to build 40 MW JB7 data centre at Isando Campus

Data centre and information and communication technology (ICT) infrastructure company Teraco has started building a new 40 MW hyperscale data centre at its Isando Campus in Ekurhuleni, Gauteng. The... 

Economic transactions see modest rebound in October after weak September

Financial infrastructure services company BankservAfrica's Economic Transactions Index (BETI) showed a steady recovery in October, up 0.3% to 136.5, following September’s weaker performance of... 

Bidcorp increases trading profit by 10% in low food inflation environment

JSE-listed foodservice group Bidcorp, in an update to capital markets on November 12, said it had increased its trading profit by 10% for the four months ended October 31, on the back of a low food... 

DFFE team monitoring possible HPAI virus on Marion Island

The Department of Forestry, Fisheries and the Environment (DFFE) has said the Highly Pathogenic Avian Influenza (HPAI) virus is suspected to have reached Marion Island and is possibly responsible... 

Sanari invests R87.5m in power generation systems company Energenic

Private equity firm Sanari Capital has made an R87.5-million investment in power generation systems company Energenic to enable it to scale-up its business in Africa and South Africa. Energenic's... 

340 ha, mixed-use The Bridge urban development opened in Stellenbosch

The 340 ha mixed-use urban development precinct The Bridge was opened in Stellenbosch, in the Western Cape, on November 7. The Bridge represents a commitment to community-focused growth,... 

Teraco starts building 120 MW solar power plant to wheel power to its data centres

Information and communications technology infrastructure company Teraco has started construction of its 120 MW utility-scale solar PV power plant in the Free State, which is expected to come online... 

Raubex grows interim revenue and profit, declares dividend

JSE-listed construction materials and mining company Raubex has increased its revenue by 29.7% to R10.95-billion for the half-year period to end August, up from R8.45-billion in the comparable... 

BankservAfrica seeks transition to payments utility through SARB collaboration

Settlements and payments services platform BankservAfrica intends to transition into a national payments utility through a significant industry collaboration with the South African Reserve Bank... 

'Clear vision' for logistics reform encouraging – Mavuso

“The clarity of vision” provided by Transport Minister Barbara Creecy on what success in terms of logistics reforms looks like and what needs to be done to make progress in dealing with the... 

MSC Euribia arrives at Port of Durban, kicking off the port's cruise season

Cruise company MSC Cruises vessel the MSC Euribia arrived at the Port of Durban's Nelson Mandela Cruise Terminal on November 8, starting the port's cruise season, port agency Transnet National... 

Sephaku grows revenue, net profit in half-year to end September

JSE-listed building and construction materials company Sephaku Holdings (SepHold) has reported an increase in group consolidated revenue to R613.8-million for the six months to September 30, up... 

TNPA welcomes SH Diana, kicking off Port of Richards Bay cruise season

State-owned ports management agency Transnet National Ports Authority (TNPA) welcomed the British cruise line Swan Hellenic (SH) Diana passenger vessel to its shores through a strategic partnership... 

Partial collapse of Umbongintwini River bridge highlights need for infrastructure maintenance – CESA

The partial collapse of the Umbongintwini River bridge on the N2 southbound, in KwaZulu-Natal, highlights the urgent need for comprehensive infrastructure maintenance across South Africa, industry... 

Statue of King Shaka erected at airport

Airport management agency the Airports Company South Africa (ACSA) has welcomed the unveiling of a statue of King Shaka Zulu at the King Shaka International Airport, in KwaZulu-Natal, on November... 

Bolt commits €100m over three years to improve safety

Mobility and ride-sharing company Bolt will invest €100-million over three years to improve safety, develop new safety products and scale-up preventive measures. The company will also continue to... 

Humanoid robot serving as research platform launched at Stellenbosch University

The Stellenbosch University (SU) Department of Electrical and Electronic Engineering has launched a humanoid robotics research platform to showcase advanced robotics technology. The humanoid robot... 

FNB's 5-Star Green rated Portside building hosts Earthshot Awards 2024

Financial services firm FNB's 5-Star Green rated Portside building, which is the tallest building in Cape Town, hosted sustainability awards the Earthshot Prize Awards 2024 from November 4 to 7.... 

Fintech transforms African financial services, but funding costs are obstacle - EIB

Financial technology (fintech) companies in Africa have nearly tripled in number since 2020, improving access to finance for people and businesses across the continent, says development finance... 

dtic to engage on sugar tax, but industry must diversify and boost competitiveness

The Department Trade, Industry and Competition (dtic) will engage various government departments on the economic impact of the Health Promotion Levy (HPL) on Sugary Beverages, or sugar tax, said... 

dtic to support tooling, die and mouldmaking sector

Trade, Industry and Competition Deputy Minister Andrew Whitfield has said government will support the tooling, die and mouldmaking (TDM) sector as “the engine room of manufacturing”. He was... 

Growthpoint starts construction on second development phase at Cape Town industrial estate

Real estate investment trust Growthpoint has started construction on the second development phase of its Arterial Industrial Estate, in Blackheath, Cape Town. Arterial Industrial Estate is on a 71... 

Resolution Circle secures NSF grant for 700 students to attend its Work Integrated Learning Programmes

Skills development firm Resolution Circle has secured a grant from the National Skills Fund for 700 tertiary students to attend its Work Integrated Learning (WIL) programmes. Students from... 

Sandton City aims to procure wheeled renewable energy from IEP platform

Shopping centre Sandton City, in Gauteng, has announced its interest in procuring renewable energy over the Independent Energy Pool (IEP) platform through the development and deployment of wheeled...