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South Africa producer inflation unchanged at 0.5% y/y in April
Updated 2 hours 2 minutes ago By: Reuters

South Africa's producer inflation was at 0.5% year on year in April, unchanged from March, statistics agency data showed on Thursday. The Producer Price Index increased 0.5% month on month in... 


Afreximbank appointed sole financial adviser for South African coal-to-fertiliser project
Updated 2 hours 55 minutes ago By: Tasneem Bulbulia

Multilateral financial institution the African Export-Import Bank’s (Afreximbank’s) Advisory and Capital Markets (ACMA) department has been appointed and mandated as the exclusive financial adviser... 


An image of  Emira Property Fund CFO Greg Booyens
Emira delivers strong full-year results
Updated 3 hours ago By: Tasneem Bulbulia

JSE-listed Emira Property Fund reported a strong set of results for the full-year ended March 31, with consistent strategic execution, accretive diversification and disciplined capital management.... 


Sunflower farm
South Africa’s agriculture sector geared to respond to global risks
Updated 3 hours ago By: Marleny Arnoldi

South Africa’s agriculture sector is no novice when it comes to global risk mitigation and adapting export procedures according to market standards, Agricultural Business Chamber of South Africa... 


G20 Logo
Soweto’s Nasrec Expo Centre named as venue for G20 Leaders Summit
Updated 3 hours ago By: Terence Creamer

Cabinet has endorsed the selection of the Nasrec Expo Centre, in Soweto, as the venue for the G20 Leaders Summit, which will be hosted in November. Located alongside the iconic Soccer City stadium,... 


A Sea Harvest branded truck
Higher catch rates, prices to boost Sea Harvest's interim earnings
Updated 5 hours ago By: Creamer Media Reporter

JSE-listed Sea Harvest expects to report higher year-on-year earnings per share (EPS) and headline earnings per share (HEPS) for the six months to June 30, on the back of improved catch rates,... 


SARB logo
South Africa poised for rate cut to bolster economy
Updated 6 hours ago By: Bloomberg

The South African Reserve Bank looks set to ease borrowing costs on Thursday to support a faltering economy, before pausing to assess any further fallout from US President Donald Trump’s trade war.... 


The Koeberg nuclear power station
Koeberg emergency siren inadvertently activated during routine maintenance
28th May 2025 By: Creamer Media Reporter

Power utility Eskom on May 28 confirmed that an emergency siren was inadvertently activated during routine maintenance and assured the public that there was no emergency. "At approximately 14:00... 


Rand Currency
South African rand stable as traders wait for interest rate decision
28th May 2025 By: Reuters

The South African rand was steady on Wednesday, a day ahead of the central bank's interest rate decision. At 1329 GMT, the rand traded at 17.9375 against the dollar, little changed from Tuesday's... 


Powerlines
Lawmakers updated on plans to procure first independent transmission projects
28th May 2025 By: Terence Creamer

The Independent Power Producer (IPP) Office has confirmed that a request for qualification will be issued in July in preparation for the first phase of the procurement of independent transmission... 


Image of Collins Letsoalo
RAF CEO placed on special leave, widespread welcome for 'overdue' development
28th May 2025 By: Thabi Shomolekae

RISE Mzansi is calling for urgency in a Special Investigating Unit (SIU) investigation into Road Accident Fund (RAF) CEO Collins Letsoalo, who has been placed on special leave, with immediate... 


Image of the MAN plant in Pinetown
Paruk group signs letter of intent to buy 100 made-in-SA electric MAN buses
28th May 2025 By: Irma Venter

The Paruk group of companies has signed a letter of intent to buy 100 made-in-South Africa MAN Lion’s Explorer E electric buses. The Paruk group is linked to Stabus and Gauteng Coaches. 


A photo inviting entries
Schneider Electric launches 2025 Go Green competition
28th May 2025 By: Creamer Media Reporter

Energy management and automation company Schneider Electric is inviting students and young entrepreneurs to present innovative, affordable and sustainable energy solutions for its 2025 Go Green... 


Icasa Chairperson Mothibi Ramusi
Icasa probes illegal use of Starlink service in South Africa
28th May 2025 By: Bloomberg

A South African regulator started a probe into allegations that Elon Musk-led SpaceX’s Starlink internet-satellite service was operating in the country illegally. The Independent Communications... 


Ingram's production line
Tiger Brands declares higher interim and special dividend after notable cash growth
28th May 2025 By: Marleny Arnoldi

JSE-listed fast-moving consumer goods producer Tiger Brands has declared a 19% higher interim dividend of R4.15 apiece for the six months ended March 31. It also declared an additional special... 


Aviation’s IT group launches satellite communications service for airports
28th May 2025 By: Rebecca Campbell

Global aviation industry specialist ICT company SITA has launched a new service – SITA Managed Satellites. Making use of low Earth orbit satellites, it provides airports with communications that... 


New Copper 360 CEO Graham Briggs.
Battle-tested seasoned campaigner Graham Briggs is back – as CEO of Copper 360
28th May 2025 By: Martin Creamer

The Northern Cape copper mining company Copper 360 has announced a leadership transition as it embarks on a new phase of accelerated hard-rock mining growth. The Johannesburg Stock Exchange... 


Image of Ann Bernstein
CDE warns Transformation Fund is flawed, calls for its scrapping
28th May 2025 By: Thabi Shomolekae

The Centre for Development and Enterprise on Wednesday called for the proposed R100-billion Transformation Fund to be scrapped, saying it is “riddled with gaps, flawed assumptions, and implausible... 


Vukile launches revamped Bedworth Centre
Vukile launches revamped Bedworth Centre
28th May 2025

JSE-listed Vukile Property Fund has launched its revamped Bedworth Centre, in Vereeniging, following a redevelopment project that started last year.  


The Johannesburg skyline
South Africa GDP growth outlook gets biggest cut since early 2023; SARB to trim rates
28th May 2025 By: Reuters

Economists have cut their consensus forecast for South African economic growth this year by 0.3 percentage points in May, in the biggest single monthly downgrade since early 2023, a Reuters poll... 


Rand Currency
South African rand stable as traders wait for interest rate decision
28th May 2025 By: Reuters

The South African rand was flat in early trade, as traders held off from big bets before the central bank's interest rate decision on Thursday. At 0645 GMT, the rand traded at 17.9725 against the... 


MPAMOT Group CEO and founder Malani Padayachee-Saman
Local company recognised as top 50 fastest-growing women-owned/led company globally
28th May 2025 By: Sabrina Jardim

Recognised by JP Morgan Chase and the Women Presidents Organization (WPO) as one of the top 50 fastest-growing women-owned/led companies globally, South African engineering and development company... 


A Nissan vehicle
Nissan plans $7bn funding with backing from UK government
28th May 2025 By: Reuters

Nissan Motor Co, facing a huge loan repayment wall next year, is seeking to raise more than ¥1-trillion ($7-billion) from debt and asset sales to keep operations on track, according to documents... 


President Cyril Ramaphosa
Ramaphosa insists relations with the US have been ‘reset’ despite tense Oval Office meeting
27th May 2025 By: Terence Creamer

President Cyril Ramaphosa insisted on Tuesday that South Africa’s deteriorating relationship with the US had been “reset” following recent meetings with President Donald Trump, notwithstanding an... 


Zeda improves margins, declares dividend despite 1.6% decline in revenue for half year
27th May 2025 By: Schalk Burger

JSE-listed mobility and vehicle leasing company Zeda, for the half year to March 31, reported 1.6% lower revenue of R5.18-billion compared with R5.27-billion for the half-year period to end March... 


Minerals Council South Africa CEO Mzila Mthenjane.
Key public-private direction missing in new draft Minerals Bill, Junior Indaba hears
27th May 2025 By: Martin Creamer

South Africa needs to see far more harnessing of the capital of the private sector and needs to make sure that government and private sector work together to grow the economy and create jobs,... 


VWGA employees within Kariega plant
Volkswagen Group Africa starts commissioning equipment for third model production
27th May 2025 By: Marleny Arnoldi

Automaker Volkswagen Group Africa (VWGA) has entered the commissioning phase for production of a third model, called Tera, at its Kariega plant, in the Eastern Cape. The company advises that... 


President Cyril Ramaphosa
Ramaphosa seeks trillions from private sector as he acknowledges past infrastructure failures
27th May 2025 By: Irma Venter

As government prepares to spend more than R1-trillion on infrastructure over the next three years, President Cyril Ramaphosa wants the private sector to quadruple that to R4-trillion. “I want... 


Communications and Digital Technologies Minister Solly Malatsi
Malatsi insists transformation ‘sacrosanct’ as he comes under fire from lawmakers over equity equivalent directive
27th May 2025 By: Terence Creamer

Communications and Digital Technologies Minister Solly Malatsi faced fierce push back from lawmakers on Tuesday to his proposed policy direction opening the way for multinational broadband service... 


Image of Water and Sanitation Deputy Minister David Mahlobo
Polihali contractor back at work after suspension, LHWP project cost escalations, delays in spotlight
27th May 2025 By: Natasha Odendaal

As the contractor responsible for the Polihali transfer tunnel construction resumes work on Tuesday following the acceptance of its proposed remedial measures over pollution, the delays, escalating... 


Stefanutti CEO Russell Crawford
Stefanutti reports more than R100m y/y improvement in operating profit
27th May 2025 By: Darren Parker

JSE-listed construction group Stefanutti Stocks has reported a significant year-on-year improvement in operating profit, from R210-million for the 2024 financial year to R333-million for the 12... 


Bidcorp CEO Bernard Berson
Bidcorp may surpass another headline earnings record despite tough market conditions
27th May 2025 By: Marleny Arnoldi

In a market update on its global trading environment in the year-to-date, JSE-listed foodservice group Bidcorp reports a trading profit growth of 10% year-on-year so far, supported by an almost... 


Infrastructure SA unveils its seven priority projects for 2025/26
Infrastructure SA unveils its seven priority projects for 2025/26
27th May 2025 By: Irma Venter

Infrastructure South Africa (ISA) has unveiled the seven projects it has selected under Bid Window 1 for priority project preparation. The list was announced at the Sustainable Infrastructure... 


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