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Trade, Industry and Competition Minister Parks Tau
EU’s Carbon Border Adjustment Mechanism needs to be challenged, Tau says
20th November 2024 By: Darren Parker

Trade, Industry and Competition Minister Parks Tau has said that measures such as the Carbon Border Adjustment Mechanism introduced by the EU need to be challenged by developing economies at the... 


Tiger Brands to sell Baby Wellbeing business, excluding Purity
20th November 2024 By: Reuters

South Africa's biggest food producer Tiger Brands said on Wednesday it will sell its Baby Wellbeing business for R605-million, but will exclude its Purity brand, which it described as a core asset.... 


The Bombardier Global 7500 aircraft
VistaJet unveils 18th Global 7500 ultralong-range jet in fleet
20th November 2024 By: Schalk Burger

Private aviation services provider VistaJet has unveiled the eighteenth Bombardier Global 7500 ultralong-range business jet added to its fleet of 240 aircraft. The aircraft can do 17 hours of... 


Electricity and Energy Minister Dr Kgosientsho Ramokgopa
Ramokgopa again moots policy interventions to provide relief from Eskom hike
20th November 2024 By: Terence Creamer

Electricity and Energy Minister Dr Kgosientsho Ramokgopa, who is Eskom’s shareholder Minister, has reiterated his opposition to the utility receiving a 36.15% tariff hike next year, while also... 


Dynapac launches new 15 t compaction machine in South Africa
Dynapac launches new 15 t compaction machine in South Africa
20th November 2024

Original-equipment manufacturer Dynapac recently launched a new soil compaction machine in South Africa to coincide with the company’s 90-year anniversary. Darren Parker tells us more. 


CDE executive director Ann Bernstein
Protectionism not the answer to South Africa’s economic problems, CDE says
20th November 2024 By: Darren Parker

Think tank the Centre for Development and Enterprise (CDE) has called for an overhaul of industrial policy to move it away from protectionism and towards a focus on maximising exports. The... 


SANSA CEO Humbulani Mudau
Govt progresses consultation on National Communication Satellite Strategy
20th November 2024 By: Marleny Arnoldi

The departments of Communications and Digital Technologies (DCDT) and Science, Technology and Innovation (DSTI), together with their entities, signal distribution company Sentech and the South... 


Image of the car park installation at the VWA plant
VW Africa expands solar array at Kariega plant to more than 12 000 panels
20th November 2024 By: Irma Venter

Volkswagen Group Africa (VWA) has added an additional 3 MW solar power to its local grid, bringing the total output of renewable energy to 5.9 MW. This is enough energy to power at least 2 000... 


SANEDI CEO Dr Titus Mathe
Remodelled draft IRP to be unveiled next week for limited public consultation
20th November 2024 By: Terence Creamer

A remodelled Integrated Resource Plan (IRP) for electricity will be released to the public next week and is expected to deviate materially from the heavily criticised draft IRP2023, which was... 


South African business mood brightens to best level since March 2022
20th November 2024 By: Bloomberg

South African business sentiment rose its highest level since the first quarter of 2022, as constant electricity supply and political stability supported better business conditions. A quarterly... 


A truck carrying coal with a coal-fired power station in the background
Group of nations make COP29 pledge on no new unabated coal power
20th November 2024 By: Bloomberg

A total of 25 countries and the EU are pledging to commit to no new unabated coal power in their next round of national climate plans, the latest global pledge aimed at curbing use of the fuel.... 


Scopa views the Defence Department as being in a 'crisis of accountability and funding'
20th November 2024 By: Rebecca Campbell

Parliament’s Standing Committee on Public Accounts (Scopa) has expressed concern about the record of the Department of Defence (DoD) and the Department of Military Veterans, regarding their... 


major road interchange
Namibia has best roads in sub-Saharan Africa, with South Africa scoring on par with Rwanda, Mauritius
20th November 2024 By: Darren Parker

According to the ‘Global Competitiveness Index’ compiled by the World Economic Forum and hosted on the World Bank's Prosperity Data360 platform, Namibia ranks highest in sub-Saharan Africa for road... 


Consumers
South African inflation drops to lowest since June 2020
20th November 2024 By: Reuters

South Africa's annual inflation rate slowed sharply to 2.8% in October, data showed on Wednesday, setting the stage for another interest rate cut by the central bank this week. Statistics South... 


Communications and Digital Technologies Minister Solly Malatsi
Uncertainty emerges over looming deadline for analogue switch off
20th November 2024 By: Natasha Odendaal

As the gazetted date of December 31 draws closer for the years-delayed switch-off of the analogue broadcasting signals, the Department of Communications and Digital Technologies (DCDT) warns of the... 


Solar panels
Zimbabwe power tariff hike sparks 3 000 MW of energy investments
20th November 2024 By: Bloomberg

Zimbabwe’s decision to adopt tariffs that reflect costs has sparked a wave of investments in the energy sector that will help ease its power crisis. Since the switch in December last year, energy... 


Solar panels and wind turbines
Namibia aims to raise $450m to boost power generation
20th November 2024 By: Bloomberg

Namibia’s state-owned electricity utility plans to raise $450-million by selling bonds in the country and raising development bank loans to help the southwest African nation boost power generation.... 


Water dripping from a tap
Treasury to suspend municipal funds over water debt
20th November 2024 By: Bloomberg

South Africa’s Treasury plans to withhold funds from five municipalities next month over their unpaid water bills, part of an effort to compel local governments to pay for basic services. The... 


President Cyril Ramaphosa
South Africa will focus G20 presidency on inclusive growth, food security
20th November 2024 By: Reuters

South Africa will use its G20 presidency to focus on advancing inclusive economic growth, food security and artificial intelligence, President Cyril Ramaphosa said on Tuesday at a summit of the... 


Wind turbines and solar panels
Summit underscores importance of just energy transition, C&I industry
19th November 2024 By: Tasneem Bulbulia

It is imperative that South Africa and industry decarbonises and, with the transition towards more sustainable forms of energy already occurring, stakeholders should focus on how the transition is... 


Winners of the 2024 South African Small Business Awards
Small Business Awards celebrate entrepreneurs
19th November 2024 By: Sabrina Jardim

The sixteenth 2024 South African Small Business Awards celebrated South Africa's top entrepreneurs and small businesses at a gala breakfast hosted by the National Small Business Chamber (NSBC), in... 


Tecoma stans, or yellow bell, invasive plant
ARC to release invasive-plant controlling beetles in Umkhomazi
19th November 2024 By: Marleny Arnoldi

The Agricultural Research Council’s (ARC’s) plant health and protection unit will, on November 25, release a leaf-feeding lady beetle called Mada Polluta in Umkhomazi, KwaZulu-Natal, to act as a... 


Image of Public Works and Infrastructure Minister Dean Macpherson
Frank discussion needed about 30% local procurement rule – Macpherson
19th November 2024 By: Irma Venter

The country must have a frank discussion about the 30% local procurement rule, which has been abused by the so-called construction mafia, says Public Works and Infrastructure Minister Dean... 


One of OMREHC's retail properties
NOA Group to supply Old Mutual Real Estate portfolio with wheeled renewable power
19th November 2024 By: Schalk Burger

Property fund Old Mutual Real Estate Holding Company (OMREHC) has entered into an energy supply agreement with commercial and industrial renewable energy company NOA Group Trading to provide... 


Kaspersky founder and CEO Eugene Kaspersky and AFRIPOL acting executive director Jalel Chelba
Kaspersky, AFRIPOL sign partnership agreement to prevent and fight cybercrime
19th November 2024 By: Schalk Burger

Cybersecurity company Kaspersky and African Union policing institution AFRIPOL have signed a cooperation agreement aimed at preventing and fighting cybercrime. Covering a period of five years, the... 


Sustainability essential for global aviation, and creates great opportunity for Africa
19th November 2024 By: Rebecca Campbell

The biggest challenge facing the commercial aviation sector, globally, is sustainability, asserted International Air Transport Association (IATA) director-general Willie Walsh, in his address to... 


Fintech, partners offer WhatsApp solution to improve access to banking services
19th November 2024 By: Schalk Burger

A bank card that enables cardholders to manage their account and money through a WhatsApp solution has been launched by fintech Mama Money in collaboration with financial services firm Access Bank... 


GFRP Tech
GFRP Tech launches first of its kind manufacturing facility in South Africa
19th November 2024 By: Sabrina Jardim

Glass fiber reinforced polymer (GFRP) products supplier and manufacturer GFRP Tech has launched the first manufacturing facility of its kind in South Africa, in Linbro Park, Gauteng, for the... 


A group photo taken at the signing ceremony attended by Electricity and Energy Minister Dr Kgosientsho Ramokgopa, seated at centre
Two more battery projects achieve financial close, next set of bidders to be announced within weeks
19th November 2024 By: Terence Creamer

Two more battery storage projects selected as preferred bids under South Africa’s first public procurement bid window (BW1) for the technology have achieved commercial close. The projects have a... 


Prepaid meters
Eskom once again urges prepaid metered customers to recode their meters before Nov 24
19th November 2024 By: Schalk Burger

State-owned power utility Eskom is once again urging all prepaid electricity customers to update their meters immediately to avoid an unexpected loss of electricity after the deadline of November... 


An office block with the Sars logo
South African pension withdrawals since reform up to R35.1bn
19th November 2024 By: Reuters

South Africa's tax service said on Tuesday that pension withdrawals in the 11 weeks since a reform took effect allowing people to make partial withdrawals before retirement had risen to... 


The Kariba dam
Zambia, Zimbabwe face wake-up call after Kariba dam water levels plunge, Minister says
19th November 2024 By: Bloomberg

A plunge in water levels at the world’s largest man-made reservoir, which has left Zambia and Zimbabwe without power for hours, shows why they need to diversify their energy sources, according to a... 


South Africa Reserve Bank logo
Africa Central Banks seen cutting while they can after Trump win
19th November 2024 By: Bloomberg

Most African central banks weighing interest rates over the next three weeks are set to lower them, wary that the window to ease further may narrow after Donald Trump becomes US president. Of the... 


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Magazine round up | 15 November 2024
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