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