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... 

Barloworld flags more than 20% drop in full-year earnings

JSE-listed industrial equipment and services company Barloworld, in a trading statement, says it expects its basic earnings per share (EPS) for the financial year ended September 30 to have... 

IFC extends loan to Ilovo Sugar Malawi to upgrade irrigation at Nchalo Sugar Estate

Development finance institution the International Finance Corporation (IFC) has said it will provide a $36-million local-currency-linked loan facility to Illovo Sugar Malawi to finance upgrades to... 

Growthpoint to provide renewable-energy certificates for 26 Nedbank branches that are using its renewable energy

JSE-listed real estate investment trust Growthpoint Properties will provide verified renewable energy certificates (RECs) to 26 branches of financial services firm Nedbank that use the power... 

Sephaku grows interim revenue, profits and earnings

JSE-listed building and construction materials company Sephaku Holdings grew its revenue for the six months to September 30 to R665.1-million, up from R613.8-million in the six months to end... 

Fatalities, safety incidents down, but security dominates in Rail Safety Regulator report

The Railway Safety Regulator (RSR) recorded 9 200 safety-related occurrences, which is a 7.2% decrease from the previous year, while fatalities fell to 81, which is the lowest in five years, the... 

Transport Forum discusses embedding crucial reforms by demonstrating their impact

The virtual conference held by transport sector engagement organisation the Transport Forum on November 6 heard from a range of experts about the progress of reforms in the transport sector and the... 

Itac imposes provisional duties on vehicle windscreens from China

The International Trade Administration Commission of South Africa (Itac) has made a preliminary finding that circumvention of the antidumping duties on windscreens for vehicles is taking place and... 

Amid move to AI data centres, construction supply chain risks emerge

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... 

High Court judgment requires Nersa to give more time for public comment on municipal tariff applications

The National Energy Regulator of South Africa (Nersa) is assessing the full impact of a High Court of South Africa (Gauteng division) judgment, which found its municipal tariff applications process... 

New Act seeks to ensure recovery to 250Mt/y of rail freight by 2030 is achieved safely

The Rail Safety Act of 2024, which came into effect on August 1, this year, is aimed at supporting the reform of the rail industry and enabling South Africa to safely achieve the targets of... 

Cybersecurity industry urged to deploy, leverage AI-based systems

AI-based systems used to enhance cyberattacks, mainly by rapidly processing data of companies before and once inside an organisation's digital perimeter, are reducing the time cyberattackers need... 

SATI reports good start to 2025/26 table grape season

The 2025/26 South African table grape season is off to a promising start, with conditions across all five production regions indicating a normal season, says industry organisation the South African... 

Release signs new solar, battery lease agreements in Liberia and Sierra Leone

Solar and battery leasing company Release, which is majority-owned by renewable energy company Scatec, has signed new lease agreements totalling 64 MW of solar power and 10 MWh of battery storage...