The Merafong City local municipality, in Gauteng, has become the third municipality in South Africa to sign a distribution agency agreement (DAA) with State-owned utility Eskom, marking a major... 

The International Air Transport Association (IATA) has lowered its forecast for global sustainable aviation fuel (SAF) production for this year, stating that government mandates in the EU and the... 

The National Treasury has successfully raised nearly R11.8-billion through South Africa’s inaugural Infrastructure and Development Finance Bond, marking a major step in financing priority public... 

Professional services company Turner & Townsend will acquire Johannesburg-headquartered specialist real estate project management and construction solutions consulting firm Profica. This strategic... 

JSE-listed packaging company Nampak increased its revenue for the financial year ended September 30, by 8% year-on-year, while trading profit increased by 26% and trading margin improved to 12.3%... 

Venture capital fund Five35 Ventures has secured an anchor investment from economic development organisation the Mennonite Economic Development Associates (MEDA) Mauritius Foundation, which also... 

Following thorough investigations of a range of options for the separation of New Zealand-based infrastructure construction company McConnell Dowell, JSE-listed construction and engineering company... 

Collaboration, not only among financial institutions, but also among sectors that provide digital services, is the most effective means of combating the growth of financial scamming taking place in... 

Developing countries paid out $741-billion more in principal and interest on their external debt than they received in new financing between 2022 and 2024 – the largest gap in at least 50 years,... 

PwC has appointed PwC South Africa governing board and PwC Africa governance board chairperson Anastacia Tshesane as the new PwC South Africa CEO, with effect from July 1, 2026. Tshesane has served... 

The South African Reserve Bank (SARB) says the Johannesburg Interbank Average Rate (Jibar) will be permanently discontinued immediately after its final publication on December 31, 2026. All Jibar... 

The African Development Bank Group (AfDB) says Norway has reaffirmed its long-standing commitment to Africa’s low-income countries with a NKr3.1-billion pledge to the African Development Fund’s... 

A new report by the National Planning Commission (NPC) shows that there is a significant build-up of capital in the economy that is not being reinvested in gross fixed capital formation (GFCF), but... 

The Development Bank of Southern Africa (DBSA) has reported a 9.3% year-on-year increase in its net interest income to R4.4-billion and a 55.9% increase in operating income to R5.6-billion for the... 

National Treasury has published the 2025/26 Medium Term Revenue and Expenditure Framework (MTREF) operating and capital budgets of municipalities, which shows that the aggregated budgeted revenue... 

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... 

The Central Energy Fund (CEF) has conveyed its regret at the sudden passing of director Unati Figlan, who also served as the chairperson of legacy entities PetroSA, Strategic Fuel Fund and iGas.... 

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... 

The African Development Bank (AfDB) and the European Investment Bank (EIB) signed a financing package worth $275-million to help Mauritania upgrade its main railway corridor. Under the agreement,... 

South African alternative stock exchange A2X Markets has retained 40 of the 43 companies listed through its 2023 opt-out admission process following the conclusion of its 90-day enforceable... 

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... 

State-owned freight utility Transnet confirms that it has reached a commercial settlement agreement with financial services provider Nedbank in a protracted legal dispute between the parties.... 

The National Treasury has launched a new infrastructure and development finance bond, which will be issued to the market under government’s domestic borrowing programme. This is part of a suite of... 

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... 

Infrastructure and industrial development institution Africa Finance Corporation (AFC) has obtained a $75-million loan facility from the Arab Bank for Economic Development in Africa (BADEA). The... 

State-owned utility Eskom has confirmed the successful resolution of a long-standing commercial dispute that began in 2022, with the Stefanutti Stocks Basil Read (SSBR) joint venture (JV) relating... 

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... 

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... 

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... 

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... 

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... 

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.... 

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... 

A new regulatory initiative aimed at unlocking global capital flows for local startups was unveiled during a panel discussion at the recent South African Venture Capital and Private Equity... 

International development organisation the World Bank Group has appointed Paschal Donohoe as MD and chief knowledge officer, effective November 24. Donohoe has served as Ireland's Minister for... 

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... 

As South Africa hosts the G20 leadership summit this week, President Cyril Ramaphosa has positioned the moment as evidence of national progress. Yet the broader economic picture remains mixed, with... 

South African pension funds should be used more aggressively to finance local construction, Oceans Umhlanga Development chairperson and developer Vivian Reddy has said, arguing that current...