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ARC Investments increases INAV a share by 8.5% on new investments, fair value gains
Updated 4 hours ago By: Schalk Burger

JSE-listed investment holding company African Rainbow Capital (ARC) Investments increased its intrinsic net asset value (INAV) per share by 8.5% to R12.38 a share during its financial year to the... 


SME confidence holds firm in the second quarter
Updated 5 hours ago By: Schalk Burger

Small and medium-sized enterprises (SMEs) have maintained their confidence in the future, despite persistent challenges and uncertainty, the SME Confidence Index for the second quarter shows. SMEs... 


Momentum Group Foundation calls for increased collaboration to bolster efforts to tackle youth unemployment
Updated 5 hours ago By: Tasneem Bulbulia

With South Africa’s youth unemployment having reached unsustainably high levels, Momentum Group Foundation has called for increased collaboration to tackle this and to augment the strides it has... 


Closing dump sites requires working with the local communities
Updated 5 hours ago By: Rebecca Campbell

Dump sites, which were totally open, and landfills, contributed to climate change, by generating significant amounts of methane, which is a greenhouse gas. So pointed out Suez Recycling and... 


beer in glass mug with foam
SAB reiterates calls for revised approach to excessive beer excise tax increases
Updated 5 hours ago By: Darren Parker

Government is disproportionately reliant on the beer-making industry for excise duties, which accounted for 34.7% of total excise revenues in the 2023/24 financial year, JSE-listed beer maker South... 


Eskom's Duvha power station
Eskom completes first phase of host community housing renovations
Updated 6 hours ago By: Marleny Arnoldi

State-owned power utility Eskom has completed the Masibambisane Air Quality Offset (AQO) project at low-income households in the Ezamokuhle community, in Amersfoort, Mpumalanga. The project has... 


JSE banner
JSE continues driving growth for SMEs
Updated 6 hours ago By: Marleny Arnoldi

Reflecting on the success of its Small and Medium Enterprise (SME) Rise initiatives, the JSE says the SME sector remains the backbone of South Africa’s economy. The stock exchange hosted an event... 


Waste materials are actually valuable raw materials
Updated 6 hours ago By: Rebecca Campbell

Waste materials are actually raw materials with economic and other value. So highlighted Mota-Engil Environment (part of the Portugal-based multinational Mota-Engil group) chairperson and CEO... 


Image of the BMW plant in Rosslyn
Protest action outside Rosslyn plant linked to fraud investigation, says BMW
Updated 6 hours ago By: Irma Venter

BMW Group South Africa (BMW SA) on Monday confirmed protest action outside its plant in Rosslyn, Pretoria, where the X3 model is produced for the local and export markets. The local arm of the... 


Platinum Group President and CEO Frank Hallam.
Stronger-than-ever feasibility thumbs up for R18bn platinum group metals project in Limpopo
Updated 7 hours ago By: Martin Creamer

The latest independent definitive feasibility study (DFS) for the Waterberg platinum group metals (PGM) project in Limpopo is even more emphatic on the economic viability and wealth creation... 


Image of a trench dug next to the M5 by cable thieves
Cape Town’s Metal Theft Unit recovers 1.8 t of metal, 54 km of cable
Updated 7 hours ago By: Irma Venter

The City of Cape Town (CoCT) says its dedicated Metal Theft Unit (MTU) in the past year (ending June 30) recovered more than 1.8 t of metal and 54 km of stolen cable. “The scary thing is that for... 


Image of a Caterpillar dump truck
Barloworld probes possible Russian export control violations
Updated 7 hours ago By: Irma Venter

Barloworld says it has submitted a notification of “voluntary self-disclosure” to the US Department of Commerce’s Bureau of Industry and Security (BIS) on September 5 regarding “potential export... 


Architects on site
Sacap engages with Ekurhuleni executives to improve human settlement projects
16th September 2024 By: Marleny Arnoldi

Architectural profession regulator the South African Council for the Architectural Profession (Sacap) has expressed dedication to work closely with the Ekurhuleni Mayor’s office and the Department... 


Transnet, SAPS sign MoU to combat logistics network theft and vandalism
16th September 2024 By: Schalk Burger

State-owned Transnet and the South African Police Service (SAPS) have signed a memorandum of understanding (MoU) to strengthen collaborative efforts between them in the fight against theft and... 


Home Affairs Minister Leon Schreiber
South Africa’s work visa reform plans slowed by tax issues
16th September 2024 By: Bloomberg

South Africa’s plan to attract more professionals to its skills-starved economy through the introduction of a so-called nomad visa for remote workers has been slowed by the need to amend tax... 


sunflower farm
Agribusiness Confidence Index recovers to 48 in the third quarter
16th September 2024 By: Marleny Arnoldi

The Agribusiness Confidence Index (ACI) has recovered by ten points to a level of 48 in the third quarter of the year after dropping to a 15-year low in the second quarter. While the second... 


BLSA CEO Busi Mavuso
Review of dtic entities can boost business environment, says BLSA
16th September 2024 By: Schalk Burger

Business Leadership South Africa (BLSA) is encouraged by the quick steps taken by new Trade, Industry and Competition Minister Parks Tau to engage with business to ensure open channels of... 


A truck transporting containers
Manufacturing confidence holds steady amid persisting headwinds – Absa
16th September 2024 By: Schalk Burger

Confidence levels among local manufacturers held steady at 28 points during the third quarter, driven mainly by their optimism regarding policy direction after a peaceful election and the formation... 


Precision farming
ARC to host several continent-focused sessions at Science Summit
16th September 2024 By: Marleny Arnoldi

Agriculture science body the Agricultural Research Council will be representing Africa’s scientific community at this year’s Science Summit during the UN General Assembly. The Science Summit will... 


Powerlines
Bezos-backed group to prepare South African grids for investment
16th September 2024 By: Bloomberg

A global organisation backed by Amazon Founder Jeff Bezos’ climate and biodiversity fund said it’s setting up a programme to attract investment into South African municipal power grids, which need... 


New Sasol chairperson Muriel Dube
Sasol appoints Dube as new chair as sustainability pressures rise
16th September 2024 By: Terence Creamer

JSE-listed chemicals and energy group Sasol has appointed Muriel Dube, a former government climate negotiator, as its new chairperson following the resignation of Sipho Nkosi from the position in... 


BRICS Business Council working groups offer updates on work in the year-to-date
13th September 2024 By: Darren Parker

The BRICS Business Council has provided an update on its work thus far this year, reflecting on progress made and the challenges posed by the inclusion of Egypt, Ethiopia, Iran and the United Arab... 


South Africa says reform agenda in progress after Fitch affirms ratings
13th September 2024 By: Reuters

South Africa's National Treasury said on Friday its plan to reduce expenditure and raise revenue, while implementing critical reforms, was in progress after credit rating agency Fitch affirmed its... 


CHIETA has signed its first ever international agreement, regarding green hydrogen
13th September 2024 By: Rebecca Campbell

South Africa’s Chemical Industries Education and Training Authority (CHIETA) and New Zealand’s University of Canterbury have signed an agreement to collaborate in the sphere of green hydrogen... 


7 Parks Boulevard in Rosebank
7 Parks Boulevard earns Green Star 6 star rating
13th September 2024 By: Schalk Burger

Office development 7 Parks Boulevard, built by construction company Concor, has earned a Green Star 6 star rating in terms of the Green Building Council of South Africa’s Green Star-rating system.... 


South African businesses remain resilient despite challenges
13th September 2024 By: Sabrina Jardim

Despite economic challenges, South African businesses have remained resilient and innovative, panellists said during this year’s Inn8 Invest Summit, held on September 12. Noting an improved sense... 


Valves company opens new facility in Cape Town
13th September 2024 By: Rebecca Campbell

South African valve solutions provider ENERGYValves has announced that it has established a new facility in greater Cape Town, allowing the expansion of its operations in Cape Town and adjacent... 


Sanedi renewable energy project manager Dr Karen Surridge
Green hydrogen potential hinges on collaboration, more standards – SANEDI
13th September 2024 By: Marleny Arnoldi

South African National Energy Development Institute (SANEDI) renewable energy project manager Dr Karen Surridge says South Africa has a unique opportunity to participate in the global shift towards... 


Image of CoCT's study areas for its LSDF
Cape Town proposes new CBD spatial plan; expects up to 50 000 new inner-city residents by 2040
13th September 2024 By: Irma Venter

The City of Cape Town (CoCT) has invited the public to comment on its 2040 local spatial development framework (LSDF) for the central business district (CBD). The LSDF will guide decisions about... 


ClearVue building render
Transparent solar glass for generating power from building facades launched in South Africa
13th September 2024 By: Darren Parker

Through a collaboration between Australian glass solar technology developer ClearVue and local technology distributor Concept Business Solutions, a novel transparent glass solar panel technology... 


SANEA to host inaugural leadership conference in November
SANEA to host inaugural leadership conference in November
13th September 2024

The South African National Energy Agency (SANEA) will host its inaugural leadership conference at the Gallagher Convention Centre, in Midrand, in November as the organisation marks its centenary.... 


South Africa told by Germany its energy transition too slow
13th September 2024 By: Bloomberg

South Africa has been told that the pace of its energy transition is too slow by a key funder, Germany, Environment Minister, Dion George, said. Germany is one of the partners in the so-called Just... 


A mine in Zambia owned by First Quantum Minerals
Zambian copper mines desperate for power find an unlikely saviour
13th September 2024 By: Bloomberg

Zambia’s biggest mines are turning to a surprising power source as the copper-producing nation battles an unprecedented energy crisis: South African electricity company Eskom Holdings, which until... 


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