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Industry organisation naamsa | The Automotive Business Council says the current logistical challenges at South Africa's ports and across the entire freight rail network in the country are impacting...
The global economy is expected to remain weak in 2024, but inflation is likely to gradually decrease, and rate cuts may be on the cards in the second half of the year economic forecasting and...
Eskom has confirmed that it has delivered a curtailment framework, as well as its proposed Gated Generator Connection Process (GGCP) to the National Energy Regulator of South Africa (Nersa) for...
Air Products South Africa has announced that Charles Dos Santos will succeed Rob Richardson as MD with effect from February 1, 2024. Richardson has led the company since 2016 but has announced his...
Transnet National Ports Authority (TNPA) is assisting terminal operators with implementing the container recovery plan more easily at the Port of Durban by providing a 24-hour helicopter services...
The growth of investment in fresh new greenfield mining projects is lagging badly and the contribution of the South African mining industry to the national economy has more than halved in the last...
A financial adviser has been appointed to assist Sasol in a search for potential coinvestors into a green hydrogen and ammonia export hub at Boegoebaai, in the Northern Cape, following the...
In this opinion article, Steel and Engineering Industries Federation of Southern Africa (Seifsa) president Elias Monage writes about the importance of the steel industry and the challenges the...
JSE-listed food and packaged goods company Tiger Brands increased revenue by 10% to R37.4-billion, driven by price inflation of 11%, favourable foreign exchange gains of 1% and marginal overall...
South African poultry producer Quantum Foods on Friday reported a R35-million rand loss in the year to end-September, after the country's worst bird flu outbreak decimated its chicken flock and...
Factory managers in South Africa are the most pessimistic they’ve been about the outlook for business conditions since the strictest months of a Covid-19 lockdown three years ago, amid continuing...
Global energy company TotalEnergies will sell its 36.36% interest in the Natref refinery in Sasolburg, in South Africa's Free State province, to fellow energy company Prax Group. South African...
Investment management company Momentum Investments has established the Momentum Investments Research Chair for research into machine learning (ML) in finance in conjunction with Stellenbosch...
With the high-demand Christmas season about to start, the Airports Company South Africa (ACSA) has called on airline passengers to adhere to the regulations regarding hand baggage (the bags that...
Creamer Media editor Terence Creamer discusses ArcelorMittal South Africa's announcement that it may cut about 3 500 jobs as it plans to wind down its long-products business; the reasons for it...
One of the architects of South Africa’s groundbreaking deal with rich nations to move more quickly away from coal sounded a note of caution to other countries considering similar agreements....
A R47-billion guarantee facility, effective immediately, has been extended to struggling State-owned freight logistics group Transnet in support of its recovery plan and to meet its immediate debt...
A video round up of this week’s magazine, highlighting our cover story, features and Business Leader.
Like many other State-owned entities, the Passenger Rail Agency of South Africa (PRASA) has had its share of scandals. Its board chairperson was fired following an investigation into abuse of PRASA...
The business rescue practitioners (BRPs) of sugar company Tongaat Hulett have published updated business rescue plans for the company and its subsidiaries, Voermol Feeds and Tongaat Hulett Sugar...
The Broad-based Black Economic Empowerment (BBBEE) Act, now in its twentieth year, has achieved several successes, but challenges abound, and transformation is not at the requisite level, and the...
Mineral Resources and Energy Minister Gwede Mantashe confirmed that an update of the Integrated Resource Plan, which he has previously dubbed ‘IRP2023’, had served before Cabinet on November 29,...
JSE-listed Hudaco will acquire the trading assets and liabilities of specialist plastic equipment importer Plasti-Weld Business from December 1 for a maximum of R56-million, which will be funded...
The South African government has selected preferred bidders for the development of four utility-scale battery energy storage system (BESS) projects in the Northern Cape, with a combined investment...
UK-based renewable energy group Octopus Energy has announced that it has entered a partnership to develop the first ever wind farm in the West African country of Sierra Leone. Its partner in the...
While the third meeting of the Intergovernmental Negotiating Committee, held in November, could not reach a consensus on the zero-draft text for a legally binding instrument to coordinate global...
Specialist investment manager Stanlib has launched the Khanyisa Energy Transition Fund (KETF) to spark investment in energy transition assets. Khanyisa, meaning “to illuminate”, is a range of...
The Durban Container Terminal (DCT) Pier 2 has increased the ship working hours at some of its berths over the last few days to clear the backlog of vessels at anchor, Durban Terminals has...
Logistics company DP World has set up an industry-wide coalition to explore the feasibility of changing the temperature that frozen food is transported and stored at from -18 °C to -15 °C, named...
South Africa needs to more than double climate financing to achieve its emissions reduction targets, according to a study by the Presidential Climate Commission. Current annual average funding of...
South Africa has addressed most of the technical compliance deficiencies that led to it being greylisted by the Financial Action Task Force (FATF) in February 2023, though much work still needs to...
The recovery of battery metals and platinum group metals (PGMs) is being looked at by DRDGOLD, the Johannesburg- and New York-listed company, which is being globally acknowledged for its mastery of...
One of the challenges standing in the way of South Africa becoming a world-class green hydrogen producer is that South Africa is a water-scarce country, and that enormous volumes of water are...
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