78% of businesses in Africa made climate-friendly investments in past 5 years – survey

According to audit and assurance firm PwC’s twenty-eighth ‘Annual Global CEO Survey’, 78% of CEOs in sub-Saharan Africa initiated climate-friendly investments in the past five years, and are... 

Ascendis Health increases interim NAV from organic growth

Health and wellness investment holding company Ascendis Health increased its net asset value (NAV) by 12% year-on-year to R660-million for the six months ended December 31. The higher NAV was... 

Gauteng govt, partners open digital learning courses for citizens

The Gauteng Department of e-Government has formed a partnership to provide a digital learning platform, Mzansi Digital Learning, on which Gauteng residents can access free courses. The Gauteng... 

Transnet, Satawu sign three-year wage deal

State-owned Transnet and labour union the South African Transport and Allied Workers’ Union (Satawu) have signed a three-year wage agreement for increases of 6% in the first two years and a 5.5%... 

Sentech, chamber partner to grow SMMEs in ICT

State-owned digital infrastructure services provider Sentech and small, medium-sized and microenterprises (SMMEs) organisation the Information and Communications Technology SMME Chamber (ICT SMME... 

Record 585 GW of renewables added in 2024

The ‘Renewable Capacity Statistics 2025’ report released by global organisation the International Renewable Energy Agency (Irena) shows a 585 GW increase in renewable power capacity during 2024,... 

City of Cape Town, SACPCMP sign professional construction skills partnership

The City of Cape Town (CoCT) has signed a partnership agreement with industry regulator the South African Council for the Project and Construction Management Professions (SACPCMP) to... 

Mann + Hummel opens Gauteng factory – its first in Africa

Filtration solutions manufacturer Mann + Hummel has opened its first factory in Africa, in Kempton Park, Gauteng. “This is a new chapter for Mann + Hummel South Africa, which started here in a... 

Progress made in 2024 in waste reduction in glass packaging industry, says TGRC

Nonprofit producer responsibility organisation The Glass Recycling Company (TGRC) says 2024 saw substantial progress in sustainability and waste reduction within the glass packaging industry. The... 

AfCFTA is key to Africa's economic resilience – UN ECA report

The African Continental Free Trade Area (AfCFTA) agreement could play a crucial role in addressing key sustainable development challenges in Africa, the UN Economic Commission for Africa (ECA) 2025... 

Afrimat Construction Index records third successive quarter of increases

The Afrimat Construction Index (ACI) for the fourth quarter of 2024 increased by 0.6% quarter-on-quarter and 2.5% year-on-year – the third successive quarter of improvements. This is the first time... 

Mulilo appoints Freddie Meyer CFO

Renewable energy independent power producer Mulilo has appointed Freddie Meyer as its CFO, effective from April 1, succeeding Russell Bedford who is retiring after 13 years at the company. Meyer... 

Citrus exports showing stable and balanced growth

Industry organisation the Citrus Growers' Association of Southern Africa (CGA) says all available data project that exports are in line with the five-year average, which means there will be... 

dtic calls for public comment on proposed designation of Fetakgomo-Tubatse SEZ

Trade, Industry and Competition Minister Parks Tau has published the intention to designate the Fetakgomo-Tubatse as a special economic zone (SEZ) for public comment. The proposed SEZ will be... 

TIA names 2025 Cleantech Innovation Programme – South Africa winner

Government incubation organisation the Technology Innovation Agency (TIA) has selected AB Farms, led by entrepreneur Mogale Maleka, as the winner of the 2025 Global Cleantech Innovation Programme –... 

Final 800 MW Kusile Unit 6 added to electricity grid

State-owned power utility Eskom added the Kusile power station’s final unit – Unit 6 – to the national grid on Sunday afternoon, a key milestone in Eskom’s strategic objective of adding 2 500 MW of... 

Meta opens applications for Llama Impact Grant for startups, researchers in sub-Saharan Africa

Social media and technology company Meta has announced the Llama Impact Grant for startups and researchers based in sub-Saharan Africa, which will support innovative projects that harness Meta's... 

Altron Digital Business and DigiCloud Africa to provide Google Cloud to help businesses innovate

Enterprise IT services provider Altron Digital Business and cloud reseller DigiCloud have joined Google Cloud and will leverage it to help businesses in South Africa to innovate. Features that are... 

ICMM publishes new biodiversity protection, restoration guidance for mining, metals sector

Mining and metals advocacy group ICMM has published new guidance to help mining and metals companies achieve and maintain no net loss of biodiversity at their operations, as well as to strive for... 

First phase of Scatec's Mmadinare Solar Cluster in Botswana achieves commercial operation

Renewable-energy company Scatec has achieved the successful commercial operation of the first 50 MW phase of the 100 MW Mmadinare Solar Cluster in Botswana, which was developed in partnership with... 

Google launches first cloud region in Africa, to support AI-powered cloud use

Internet and connectivity services company Google Cloud has launched its first cloud region for countries in sub-Saharan Africa, which will provide low-latency access for businesses of all sizes to... 

ARC Investments reports improved INAV; flags proposed delisting

JSE-listed investment holding company African Rainbow Capital (ARC) Investments said it has experienced steady portfolio growth for the six months to December 31, 2024, with its intrinsic net asset... 

Midtier sub-Saharan Africa markets could see slight growth uptick in 2025

Most midtier markets in sub-Saharan Africa are expected to see a slight uptick in their growth rates this year, economic and financial research company BMI sub-Saharan Africa country risk senior... 

Parktown reclaimer hub partnership provides secure work space for informal reclaimers

The Parktown Reclaimer Sorting and Solar Baling Hub was launched in May 2024 and provides a secure, structured work space that has transformed waste management, while uplifting the reclaimers who... 

Climate Change Act implementation starts

The Climate Change Act has been published in the Government Gazette and is aimed at enabling the development of an effective climate change response, as well as a long-term, just transition to a... 

Trade landscape shifting, new risks loom – Unctad

Global trade started this year on stable ground, but challenges are mounting and the latest Global Trade Update by United Nations Trade and Development (Unctad), which covers data through to early... 

Budget debates must be focused on infrastructure investment to drive growth – BLSA

To create growth, South Africa needs to invest in infrastructure and infrastructure must be front and centre in the debate over the Budget, says business formation Business Leadership South Africa... 

South Africa attempting to take nuanced line in navigating US relations

There has been a deluge of more than 100 executive decisions taken by US President Donald Trump following his re-election in November, including the imposition of import tariffs on traditionally... 

Complexity of South Africa's economic environment led to tough Budget balancing

While national tax policy is based on the premise that a revenue service can continue to collect more revenue on the basis of growth in an economy, growth has been elusive for South Africa's... 

Welding Institute restructures to boost skills training for industry

Industry technical organisation the Southern African Institute of Welding (SAIW) is implementing its strategic renewal plan, which is aimed at elevating the quality of skills training, expanding... 

Standard Bank secures $250m loan from IFC to boost green financing initiatives

Financial services firm Standard Bank has successfully closed a $250-million, seven-year unsecured loan from the International Finance Corporation (IFC), which will significantly bolster the bank's... 

Sirius to acquire Southampton business park for £40.5m

JSE-listed Sirius Real Estate, which owns industrial parks in Germany and the UK, has agreed to acquire Chalcroft Business Park, in Southampton, in the UK, for £36.5-million, representing a net... 

Penguin protection deal preserves biodiversity and fishing sustainability

The Department of Forestry, Fisheries and the Environment (DFFE) has expressed its support for a historic settlement agreement reached in principle between the fishing industry and conservation... 

YOA launches larger optical fibre cable factory at Dube TradePort

Fibre-optic cable manufacturer Yangtze Optics Africa (YOA) Cable officially opened its new 14 000 m2 optical fibre factory in the Dube TradePort, in La Mercy, KwaZulu-Natal, on March 11. The... 

Mpact optimistic about its exposure to growth sectors

JSE-listed paper and plastics packaging and recycling company Mpact has reported a 4% year-on-year increase in revenue to R13.3-billion for the year ended December 31, 2024, despite a challenging... 

Google Hustle Academy applications for SMEs in Kenya, Nigeria and South Africa open

Internet services company Google has opened applications for the 2025 edition of its Hustle Academy programme, which will emphasise AI-powered business training to small and medium-sized... 

Real estate consumer confidence highest in 10 years, index shows

The confidence of South African consumers in the future of residential property climbed to 87% in the fourth quarter of 2024, which is the highest level recorded in a decade, with the dominance of... 

Rainbow Chicken posts higher interim earnings, but warns of bird flu risk

JSE-listed food and animal feed producer Rainbow Chicken reported a 1 348.8% year-on-year increase in headline earnings per share (HEPS) to 35.64c for the six months ended December 29. Earnings per... 

Microsoft announces a further R5.4bn investment in South Africa

Information technology and software company Microsoft has announced that it will invest a further R5.4-billion to build out more data centre infrastructure in South Africa. This is in addition to... 

Lesaka Technologies finalises R507m acquisition of Recharger

JSE- and Nasdaq-listed financial technology company Lesaka Technologies has completed the acquisition of South African prepaid electricity submetering and payment business Recharger for...