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Deputy Finance Minister David Masondo
Deputy Finance Minister sees Budget 3.0 as done deal
15th May 2025 By: Bloomberg

South Africa’s deputy finance minister said next week’s national budget is set to secure approval from lawmakers, after two previous iterations were scrapped because of disagreements within the... 


Deputy Finance Minister David Masondo
Rand surges after South Africa flags inflation-target change
15th May 2025 By: Bloomberg

The rand surged to its strongest level against the dollar in two months and government bond yields fell after South Africa’s deputy finance minister said an announcement on the country’s... 


Auto industry wants to continue exporting to the US; 2024 data show balanced trade – naamsa
Auto industry wants to continue exporting to the US; 2024 data show balanced trade – naamsa
15th May 2025 By: Irma Venter

When President Cyril Ramaphosa and his delegation travels to the US next week to meet with the Trump administration, they will do so with some guidance in hand from the local automotive industry.... 


Petra hands over to Tanzania's Pink Diamonds Investments.
Tanzania’s Williamson Diamonds goes totally Pink
15th May 2025 By: Martin Creamer

London-listed and South Africa-active Petra Diamonds has sold its entire shareholding in Williamson Diamonds of Tanzania, plus all shareholder loans owed to it, to Pink Diamonds Investments, also... 


Electricity and Energy Minister Dr Kgosientsho Ramokgopa (centre) at the launch of Ampli Energy, flanked by (from left to right) Sarushen Pillay, Adrian Gore, Simon Baloyi and Andre Nepgen
Discovery Green, Sasol team up to offer wheeled green electricity to SMEs
15th May 2025 By: Terence Creamer

Energy trader Discovery Green and fuels and chemical group Sasol have teamed up to form a new venture that will supply wheeled renewable electricity to small and medium-sized enterprises (SMEs)... 


Equites CEO Andrea Taverna-Turisan
Equites turns investment focus to South African portfolio, expects further distribution growth
15th May 2025 By: Marleny Arnoldi

JSE-listed logistics real estate investment trust Equites Property Fund has reported a distribution per share (DPS) of 133.92c – at the upper end of guidance – for the financial year ended February... 


A2X CEO Kevin Brady
A2X announces UBS as first international broker to trade
15th May 2025 By: Creamer Media Reporter

Licensed stock exchange A2X Markets, which provides a secondary listing venue for companies, has announced that UBS South Africa aims to start trading on its platform in the second quarter of this... 


Patrick Dlamini will take over as CEO of the PIC in June
PIC welcomes Cabinet's confirmation of Patrick Dlamini as the asset manager's new CEO
15th May 2025 By: Creamer Media Reporter

The Public Investment Corporation's (PIC's) board has welcomed the confirmation, by Cabinet, of the appointment of Patrick Dlamini as the State-owned asset manager's new CEO. His appointment... 


Steady trade conditions dip slightly in April – Sacci
15th May 2025 By: Schalk Burger

The improved trade conditions in the first two months of this year were extended into March, but retreated somewhat in April, the South African Chamber of Commerce and Industry (Sacci) says.... 


Peter Venison
SOL: My friend and adversary, Sol Kerzner – Peter Venison
15th May 2025

Sol Kerzner, the controversial and charismatic business tycoon, once dominated the Southern African tourism landscape. He left an indelible mark by developing dream destinations like Sun City, The... 


Afrimat CEO Andries van Heerden
Afrimat reports lower operating profit but expects improvement going forward
15th May 2025 By: Darren Parker

Midtier mining and materials company Afrimat has reported a significant decline in operating profit for the 12 months ended February 28. Group revenue increased by 36.7% from R6.1-billion in the... 


Nersa approves changes to pipeline licences for Sasol Oil, TotalEnergies
15th May 2025 By: Schalk Burger

The National Energy Regulator of South Africa (Nersa) has approved amendments to the licensing conditions for petroleum facilities operated by energy and oil companies Sasol Oil and TotalEnergies... 


A refinery
IEA forecasts global oil demand growth to slow to 650 000 bl/d for remainder of 2025
15th May 2025 By: Reuters

The International Energy Agency (IEA) on Thursday said that economic headwinds, combined with record sales of electric vehicles (EV), will reduce global oil demand growth to 650 000 bl/d for the... 


100 MW Chisamba solar PV project in Zambia reaches financial close
15th May 2025 By: Schalk Burger

The grid-connected 100 MW Chisamba solar PV project, in Zambia, has secured $71.5-million from financial services firm Stanbic Bank Zambia, with financing anchored by a 13-year power purchase... 


A farm in South Africa
South Africa’s Land Bank in talks to raise as much as $1bn
15th May 2025 By: Bloomberg

A State-owned South African bank that finances farmers is in talks with funders to raise as much as $1-billion as it recovers from a default five years ago. The Land & Agricultural Development Bank... 


PPC expects to report up to 116% increase in full-year HEPS as turnaround pays off
15th May 2025 By: Schalk Burger

JSE-listed cement and related products company PPC expects headline earnings per share (HEPS) from continuing operations for the year ended March 31, to be between 96% and 116% higher than the... 


President Cyril Ramaphosa
Ramaphosa to visit US next week to meet Trump
15th May 2025 By: Reuters

South African President Cyril Ramaphosa will travel to the United States on a working visit next week and will meet US President Donald Trump on May 21, Ramaphosa's office said in a statement late... 


Johannesburg
Johannesburg’s ‘decay’ strains South Africa’s ruling coalition
15th May 2025 By: Bloomberg

South Africa’s biggest parties are at odds over the governance of the country’s largest city, putting further strain on a tenuous national coalition. The Democratic Alliance (DA) governs the... 


Ford South Africa unpacks new procedures to produce battery packs
Ford South Africa unpacks new procedures to produce battery packs
15th May 2025

Ford South Africa in April shipped its first batch of locally produced plug-in hybrid electric vehicle (PHEV) Rangers for the European, New Zealand and Australian markets. Marleny Arnoldi visited... 


EV charging hand
EVs to make up about 25% of global car sales in 2025 – IEA report
14th May 2025 By: Darren Parker

Following another year of robust growth, global sales of electric cars are on track to surpass 20-million this year, accounting for over a quarter of cars sold globally, according to the new... 


Platinum cathode needed in PEM fuel cells.
Platinum uplift likely as particularly China, California gear for green hydrogen mobility
14th May 2025 By: Martin Creamer

While South Africa’s latest green hydrogen development is a request for information (RFI) involving the East London Industrial Development Zone becoming the site for a greenfield green hydrogen... 


EV charging station
Colloquium participants discuss future of fleet management amid new technologies
14th May 2025 By: Sabrina Jardim

Amid technological transformation and evolving business, fleet management is a more complex and, consequently, critical sector to prioritise. This was the topic of discussion at the inaugural... 


Mineworkers sitting lined up
TIPS launches Just Transition Labour Centre to research, voice the needs of the working class
14th May 2025 By: Marleny Arnoldi

Independent, nonprofit economic research institution Trade & Industrial Policy Strategies (TIPS) has launched a Just Transition Labour Centre to help develop the technical expertise required as a... 


New National Petroleum Company aims to boost energy, fuel supply security synergies
14th May 2025 By: Schalk Burger

The State-owned Central Energy Fund (CEF) has transferred assets and funds to the South African National Petroleum Company (SANPC), with the view to unlocking R1.5-billion to R3-billion worth of... 


Inaugural Water Sector Anti-Corruption Forum meeting an anti-corruption milestone
14th May 2025 By: Natasha Odendaal

The inaugural meeting of the Water Sector Anti-Corruption Forum (WSACF) marks a critical step in fighting corruption. The WSACF is a strategic intervention aimed at developing tailored solutions to... 


South African Global Business Services is creating thousands of jobs 
14th May 2025 By: Rebecca Campbell

The latest Global Business Services (GBS) quarterly Job Creation Report, compiled and released by the sector’s national representative body, Business Process Enabling South Africa (BPESA), shows... 


Wind power company installs South Africa’s first ever automated bird protection system
14th May 2025 By: Rebecca Campbell

Cape Town-based South African renewable energy company Red Rocket has announced that it has installed bird (avian) protection systems at its two operational wind farms and will install them at its... 


Electricity and Energy Minister Dr Kgosientsho Ramokogopa
Ramokgopa reaffirms Nedlac deliberations on IRP to be ‘last step’ before Cabinet approval
14th May 2025 By: Terence Creamer

Electricity and Energy Minister Dr Kgosientsho Ramokogopa has reaffirmed that deliberations at the National Economic Development and Labour Council (Nedlac) are the “last step left” ahead of... 


jeep wrangler
Jeep, Citroën, Mercedes-Benz, Audi, Volkswagen and Volvo recall various vehicle models
14th May 2025 By: Darren Parker

The National Consumer Commission (NCC) has announced that various Jeep, Citroën, Mercedes-Benz, Audi, Volkswagen (VW) and Volvo vehicle models have been recalled. Stellantis South Africa informed... 


Eskom CEO Dan Marokane
Outage slippages blamed for sixth bout of loadshedding of 2025
14th May 2025 By: Terence Creamer

Electricity and Energy Minister Dr Kgosientsho Ramokgopa has fingered cumulative outage slippages of 3 100 MW as the reason behind South Africa’s latest bout of loadshedding – the sixth this year.... 


Ethiopia agrees minerals, energy deals worth $1.7bn, chiefly with Chinese firms
14th May 2025 By: Reuters

Ethiopia has signed investment deals for its minerals and energy sectors worth more than $1.7-billion, mostly with Chinese firms, its finance ministry said. The East African nation, which struck a... 


Soldiers training
NATO is sketching out plan to meet Trump call for 5% of GDP on defence
14th May 2025 By: Bloomberg

NATO allies have started cobbling together an agreement to significantly boost defense spending in a way that may assuage US President Donald Trump’s demand to spend 5% of economic output on the... 


TotalEnergies' head office in France
TotalEnergies, BWEnergy set to decide on Namibia projects late next year, govt official says
14th May 2025 By: Reuters

Namibia expects a final investment decision (FID) by TotalEnergies on its Venus discovery by late next year, a senior government official said on Tuesday, even as the company pushes for incentives... 


Port of Durban
Transnet, union in talks to avoid strike
14th May 2025 By: Bloomberg

The biggest labour union at South Africa’s State-owned port and rail company are starting final talks with a third-party arbitrator to resolve a wage dispute and stave off a potential strike by... 


Four European DFIs invest in a pan-African private credit fund aimed at mid-size enterprises
13th May 2025 By: Rebecca Campbell

Four of Europe’s main development finance institutions (DFIs) are jointly committing $80-million to pan-African private credit fund BluePeak Private Capital Fund II (BPCF II). The DFIs are British... 


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Sector News

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BOVA Safety Wear
BOVA Safety Wear

BOVA cemented their reputation in Africa by delivering high quality engineering through their range of safety footwear. 21 years after producing...

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ESAB showroom image
ESAB South Africa

ESAB South Arica, the leading supplier of high-end welding and cutting products to the Southern African industrial market is based in...

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SAJ Electrics
SAJ Electrics

Smart energy storage solutions for efficient, safe, and profitable power.

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Immersive Technologies
Immersive Technologies

Immersive Technologies is the world's largest, proven and tested supplier of simulator training solutions to the global resources industry.

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Aqs image
AQS Liquid Transfer

AxFlow AQS Liquid Transfer (Pty) Ltd is an Importer and Distributor of Pumps in Southern Africa

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Weir
Weir

Weir is a global leader in mining technology. We recognise that our planet’s future depends on the transition to renewable energy, and that...

VISIT SHOWROOM 

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