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Petrol prices will drop by 4c/ℓ from September 3, Mineral and Petroleum Resources Minister Gwede Mantashe has announced. The reduction applies to both unleaded (ULP) and lead replacement petrol...
JSE-listed diversified services, trading and distribution company Bidvest reported that revenue grew by 4.9% to R126.6-billion for the year ended June 30, up from R120.7-billion in the prior...
JSE-listed food manufacturer RCL Foods has delivered solid financial results for the financial year ended June 30, with most segments having successfully managed through subdued market conditions...
Trade union Solidarity has noted that steel producer ArcelorMittal South Africa (AMSA) has informed its employees that the company is preparing to close its long steel plants and to start mass...
August new-vehicle sales, at 51 880 units, were up 18.7% compared with the same month last year, driven by ongoing affordable model imports, improving consumer confidence, favourable credit...
Cape Town welcomed 2.4-million overnight visitors last year, this according to the latest ‘Economic Value of Tourism Report’, said City of Cape Town Economic Growth MMC James Vos as he launched...
There is no greater sign of the urgent need for reform of the electricity sector than the way State-owned utility Eskom’s electricity tariffs are set, Business Leadership South Africa CEO Busisiwe...
The Agribusiness Confidence Index (ACI) decreased by two points to a headline level of 63 in the third quarter, with respondents having cited foot-and-mouth disease (FMD) outbreaks and trade...
Airline industry body the International Air Transport Association (IATA) has appointed Thomas Reynaert senior VP of external affairs, from September 1. He will be responsible for coordinating...
A public hearing into the National Transmission Company South Africa’s (NTCSA’s) application for a market operator licence will be hosted by the National Energy Regulator of South Africa (Nersa) on...
Nonprofit organisations Sakeliga and the National Employer’s Association of South Africa (NEASA) have announced that they will appeal directly to the Constitutional Court to set aside what they...
After facing low catch rates and peak fuel prices in the last three years, JSE-listed fishing company Sea Harvest Group has delivered a 58% increase in earnings before interest and taxes (Ebit) to...
The National Treasury and the South African Reserve Bank (SARB) have issued a rare joint statement to provide an update regarding the progress being made in ongoing deliberations over the future of...
The seasonally adjusted Absa Purchasing Managers’ Index (PMI) declined by 1.4 points to 49.5 points in August and returned to contractionary territory. This partially reversed the 2.3-point...
The International Air Transport Association (IATA), which is the global representative body for the airline industry, has reported that global total air cargo demand grew strongly, by 5.5%,...
Global total air passenger traffic showed good year-on-year growth in July, the International Air Transport Association (IATA) has reported. IATA is the global representative body for the airline...
South Africa has delivered what is described as “an exceptionally pure rare earth product”, which has been optimised in a Johannesburg laboratory. The breakthrough is part of the rare earths...
JSE-listed Blue Label Telecoms (BLT), subsidiaries The Prepaid Company (TPC) and Comm Equipment Company (CEC), along with Cell C, SPV4 and SPV5, have entered into an implementation agreement,...
The South African rand was stable in early trade on Monday, before the release of a purchasing managers' index (PMI) survey for the local manufacturing sector and vehicle sales data. At 0539 GMT...
The National Energy Regulator of South Africa (Nersa) says it has, for the quarter ended June 30 – the first quarter of the 2025/26 financial year – registered 111 generation facilities, with a...
Harmony Gold Mining Company, South Africa’s biggest gold mining company, is proving itself to be a great South African asset and it’s booming at the moment, not only because the gold price is so...
President Cyril Ramaphosa has undertaken a trip to Zimbabwe to attend the official opening of the neighbouring country’s Agricultural Show, in its 130th year, as a guest of honour. The Presidency...
Cape Town Air Access says Cape Town International Airport (CTIA) international terminal two-way passenger traffic grew by 9% year-on-year in July, with more than 219 500 two-way passengers moving...
Lobby group AfriForum said on Friday that it will consult with its legal team about the constitutionality of the National Energy Regulator of South Africa’s (Nersa’s) behind-closed-doors settlement...
The City of Tshwane (which includes Pretoria) has approved a strategic precinct plan for the Tshwane Fresh Product Market and its surrounding neighbourhoods. The precinct was defined as the area...
Chemicals and mining explosives company AECI has confirmed to shareholders that the disposal of Schirm USA for $40-million was completed on August 28. The proceeds from the sale will be used in...
Power utility Eskom welcomes the sentencing handed down by the Middelburg Specialised Commercial Crimes Court, in Mpumalanga, earlier this month relating to a case of fraud and corruption at the...
A new report launched by the World Economic Forum (WEF) highlights the urgent need to unlock investment in Southern Africa’s critical minerals to meet surging global demand for clean energy and...
South African President Cyril Ramaphosa on Thursday launched a G20 experts taskforce to examine global wealth inequality and its impact on growth, poverty and multilateralism – the first initiative...
Engineering News editor Terence Creamer discusses some of the hot-button issues in the steel sector, including the preliminary determination of steel tariffs; questions about the future of...
A video round up of this week’s magazine, highlighting our cover story, features and Business Leader.
The continued progress of structural reforms in South Africa – including at State-owned enterprises (SOEs) such as Transnet – is contributing to improved investor sentiment and growth in the...
“Reliable and affordable connectivity is a basic requirement for full economic participation,” said Communications and Digital Technologies Minister Solly Malatsi on August 28. “Connectivity is not...
The Ford Motor Company of Southern Africa (FMCSA) has announced that it will cut jobs at its Struandale Engine Plant, in Gqeberha, and at its Silverton Assembly Plant in Pretoria. The local arm of...
Stellenbosch University (SU) has announced that South Africa’s first ever robotic surgery for the removal of a donor kidney has been successfully conducted at Tygerberg Hospital in Cape Town. The...
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