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Long steel production
AMSA defers longs business closure as it receives R1.68bn in IDC support
31st March 2025 By: Creamer Media Reporter

Steel producer ArcelorMittal South Africa (AMSA) has announced that the wind down of its long steel business will be deferred for an initial period of at least six months, to August 31, after... 


Sephaku Cement increases profit despite drop in volumes, revenue
31st March 2025 By: Schalk Burger

Building and construction materials company Sephaku Cement achieved an after-tax profit of R42.6-million for the financial year ended December 31, 2024, compared with R41.9-million in 2023. Sales... 


L2D CE José Snyders
L2D reports resilient full-year performance for 2024
31st March 2025 By: Sabrina Jardim

Property investment company Liberty Two Degrees (L2D) has reported that it has delivered a robust performance for the 2024 financial year, demonstrating resilience amid persistent macroeconomic... 


Global air cargo demand registered, in February, its first, although slight, decline since 2023
31st March 2025 By: Rebecca Campbell

The global representative body for the airline industry, the International Air Transport Association (IATA), has reported that global air cargo demand declined, year-on-year (y-o-y) in February,... 


Inspired Evolution announces final close of Evolution III Fund at $238m
31st March 2025 By: Sabrina Jardim

Pan-African private equity firm Inspired Evolution has announced the final close of its Evolution III Fund, securing total commitments of $238-million. The company says this milestone marks the... 


South Africa records R20.9bn trade balance surplus in February – Sars
31st March 2025 By: Schalk Burger

South Africa recorded a preliminary trade balance surplus of R20.9-billion in February, attributable to exports of R164-billion and imports of R143.1-billion, inclusive of trade with Botswana,... 


Vukile CEO Laurence Rapp
Vukile reports transformative year, on track to meet full year guidance
31st March 2025 By: Sabrina Jardim

JSE-listed real estate investment trust (Reit) Vukile Property Fund has reported that it has achieved a strong performance for the financial year ended March 31, underscoring its dealmaking... 


The Maserati MC20 coupé during its record-breaking run
Look Ma, no hands – Maserati MC20 sets new autonomous world speed record
31st March 2025 By: Irma Venter

The Indy Autonomous Challenge (IAC) has set a new autonomous – in other words, there is no human in the car – driving world record at the Space Florida Launch and Landing Facility (LLF) at the... 


Analogue switch-off date suspended pending application review
31st March 2025 By: Creamer Media Reporter

The High Court Gauteng Division has suspended the March 31 switch off of South Africa’s analogue frequencies pending a review of the shutdown date. This followed a two-part application brought by... 


AECI to dispose of ImproChem Public Water division, finalises Much Asphalt sale
31st March 2025 By: Schalk Burger

JSE-listed chemicals group AECI will dispose of its wholly-owned water and process solutions subsidiary ImproChem Public Water business to a South African majority black-owned special purpose... 


Awsisa calls for urgent action, decisive leadership on Water Indaba resolutions
31st March 2025 By: Natasha Odendaal

Decisive leadership and swift, boots-on-the-ground implementation – along with “quick wins” – are essential to ensure the success of the resolutions of the Water and Sanitation Indaba, held last... 


The Vaal dam
Water Indaba delivers resolutions to resolve water challenges
31st March 2025 By: Natasha Odendaal

Following the Water and Sanitation Indaba held last week, clear resolutions have emerged to reverse the significant decline seen in South Africa’s water sector in the past few years. From... 


An artist’s impression of the ExoMars lander touching down on Mars
Airbus to build lander to carry European Space Agency’s rover to the Martian surface
31st March 2025 By: Rebecca Campbell

Airbus Defence and Space has been chosen by the European Space Agency (ESA) and mission prime industrial contractor Thales Alenia Space (TAS – a JV between Thales and Leonardo) to design and build... 


Globeleq CEO Jonathan Hoffman
Globeleq appoints Jonathan Hoffman as fulltime CEO
31st March 2025 By: Schalk Burger

Independent power producer Globeleq has appointed interim CEO Jonathan Hoffman as its permanent Group CEO following a thorough and extensive search process that evaluated internal and external... 


Voice-activated Valor panic app aimed at enhancing safety
31st March 2025 By: Schalk Burger

Voice-activated panic app Valor enhances safety because a user can alert armed response and medical emergency teams as soon as she or he becomes aware of a threat or danger, thereby minimising the... 


Forestry, Fisheries and the Environment Minister Dr Dion George
George insists new air-pollution exemptions for eight Eskom coal stations not a ‘blanket reprieve’
31st March 2025 By: Terence Creamer

Forestry, Fisheries and the Environment Minister Dr Dion George has granted Eskom air-pollution exemptions for eight power stations that would otherwise have been forced to close on April 1. He... 


Inside the OR Tambo International airport
ACSA to have reports of procurement irregularities independently investigated
31st March 2025 By: Rebecca Campbell

The Airports Company South Africa (ACSA) has announced that it is launching an enquiry into reported procurement irregularities. More specifically, the board of the State-owned company has stated... 


Image of BMW X3s leaving the Rosslyn plant for the export market
Trade agreements crucial for continued manufacturing in South Africa – BMW SA
31st March 2025 By: Irma Venter

BMW Group South Africa (SA) says it cannot over-emphasise the importance of policies such as the African Growth and Opportunity Act (Agoa) for the continued success of the German car maker’s... 


South Africa should work to broaden trade relations
31st March 2025 By: Schalk Burger

South Africa must build trade relationships more widely owing to the risks to the economy from the tariffs imposed by the US administration under President Donald Trump, says business lobby... 


Image of President Cyril Ramaphosa and Water and Sanitation Minister Pemmy Majodina at the Water and Sanitation Indaba on March 27, 2025
New path charted for water sector, says Ramaphosa
31st March 2025 By: Natasha Odendaal

A new course will be charted for South Africa’s water sector following the landmark Water and Sanitation Indaba held last week, President Cyril Ramaphosa said on Monday. In his weekly ‘From the... 


Pan African CEO Cobus Loots.
Pan African investors benefitting from high gold price and low-cost production growth
31st March 2025 By: Martin Creamer

Investors in the Pan African Resources gold mining company are not only exposed to what is an exceptionally high gold price but also to low-cost, low-risk, near-term production growth of... 


Policy Uncertainty Index rises further into negative territory
31st March 2025 By: Schalk Burger

The North-West University (NWU) Business School’s Policy Uncertainty Index (PUI) for the first quarter of this year rose much further into negative territory to 78.6 from 65.7 in the fourth quarter... 


Electricity and Energy Minister Dr Kgosientsho Ramokgopa
Ramakgopa, SAWEA welcome Cabinet’s approval of SAREM
28th March 2025 By: Sabrina Jardim

Electricity and Energy Minister Dr Kgosientsho Ramokgopa and the South African Wind Energy Association (SAWEA) have welcomed Cabinet’s decision this week to approve the South African Renewable... 


DPWI reports progress in tackling construction ‘mafia’ stoppages
28th March 2025 By: Schalk Burger

Public Works and Infrastructure Minister Dean Macpherson has reported significant progress in reducing construction stoppages by criminal syndicates through intensified intelligence gathering, data... 


Architectural council launches amnesty for non-payment of fees
28th March 2025 By: Rebecca Campbell

The South African Council for the Architectural Profession (SACAP), which is the statutory oversight authority for the architectural profession in the country, has announced that it will launch its... 


Actis partner David Cooke
Actis-led consortium completes acquisition of Swiftnet
28th March 2025 By: Sabrina Jardim

A consortium led by global sustainable infrastructure investor Actis has completed the acquisition of a 100% stake in South African telecom tower portfolio Swiftnet.   


Three bids received in government’s efforts to host F1 race in South Africa
Three bids received in government’s efforts to host F1 race in South Africa
28th March 2025 By: Irma Venter

The Department of Sports, Arts and Culture’s (DSAC’s) F1 Bid Steering Committee says it has received three bids from parties interested in hosting a Formula One race in South Africa. “As a... 


US President Donald Trump
Targeted by Trump, South Africa seeks to reset trade relations
28th March 2025 By: Bloomberg

South Africa is working to reset US relations that have been under assault by Donald Trump since his return to the White House. Pretoria is preparing a bilateral trade agreement as a backstop in... 


Steel firms run ‘collateral damage’ risk if they fail to respond to big Itac tariff review
Steel firms run ‘collateral damage’ risk if they fail to respond to big Itac tariff review
28th March 2025 By: Terence Creamer

A leading trade adviser is urging companies and individuals with interests in South Africa’s steel value chain to respond to the International Trade Administration Commission’s (Itac’s) call for... 


Digby Wells’ empowerment trusts repay loans ahead of schedule
28th March 2025 By: Rebecca Campbell

Environmental, social and sustainability consultancy Digby Wells Environmental, which focuses on the resources, infrastructure, energy and agricultural sectors, has announced that its two internal... 


FASA chairperson Ayabulela Njingolo
Franchising sector resilient and key employer, but new markets need exploring
28th March 2025 By: Sabrina Jardim

The Franchise Association of South Africa (FASA) recently held its fourty-sixth AGM as the representative association that has overseen the growth of franchising over more than four decades.... 


BWA drilling division technical adviser Albertus Lombaard
Association advocates for responsible, legal use of borehole water
28th March 2025 By: Sabrina Jardim

Following the recent media coverage of damage to the Gautrain tunnel as a result of the drilling of a borehole, the Borehole Water Association of Southern Africa (BWA) has emphasised that borehole... 


Auto sector working to determine if new US tariffs impact Agoa members – Naamsa
Auto sector working to determine if new US tariffs impact Agoa members – Naamsa
28th March 2025 By: Irma Venter

naamsa | The Automotive Business Council says it is “actively assessing” the potential impact of the 25% tariff imposed on vehicles and certain vehicle parts imported into the US announced by... 


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