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South Africa’s GDP increased by 0.4% in the second quarter, with the manufacturing industry having increased by 1.1%, contributing 0.1 of a percentage point to the GDP growth. Six of the ten...
JSE-listed real estate investment trust Hyprop Investments and ticketless parking solutions company admyt have partnered to improve parking services at Hyprop’s largest retail centres. admyt will...
Energy and chemicals group Sasol has reiterated that its target to reduce its greenhouse-gas (GHG) emissions by 30% by 2030 remains in place, but has also confirmed that it is refining its...
A top South Africa regulator is planning to require financial institutions to unveil their plans for boosting spending on customer education as it seeks to improve the lives of consumers in a...
JSE-listed food manufacturer RCL Foods has delivered solid results in the financial year ended June 30 despite softer consumer demand, with earnings before interest, taxes, depreciation and...
Condolences have streamed in for the late Sifiso Dabengwa, who previously served as a nonexecutive director for State-owned power utility Eskom and CEO of telecommunications company MTN. The...
Germany’s climate envoy said her country is seeking clarity on South Africa’s plans to slow down the closure of its coal-fired power plants and alter the terms of a landmark climate-finance pact....
Pertamina New and Renewable Energy (Pertamina NRE), a unit of Indonesian state energy firm Pertamina, has signed a joint study agreement with Guma Africa Group to cooperate on a natural gas and...
Drive technology manufacturer SEW-EURODRIVE has announced an estimated R380-million investment into a new service and repair centre to be built adjacent to its current facilities in Aeroton,...
In recent years, the global energy landscape has been rapidly evolving, with hydrogen emerging as a key player in transitioning to sustainable energy sources. Hydrogen stands out as a promising...
Global air transport IT group SITA (not to be confused with South Africa’s State IT Agency) has announced the appointment of a new president for its Middle East and Africa region. He is Selim...
The Council for Geoscience (CGS) on Monday announced that the country’s first carbon capture, utilisation and storage (CCUS) research site had been officially inaugurated. This marked the...
Financial services firm Nedbank Corporate and Investment Banking (CIB) and industry organisation the South African Real Estate Investment Trust Association (SA REIT) have formed a strategic...
South Africa has a robust framework to manage air quality, as well as regulations and standards that serve as a yardstick for measuring and monitoring harmful emissions. The country also follows...
Automotive company Toyota South Africa’s Toyota South Africa Educational Trust last month commemorated its new, expanded Toyota Wessels Institute for Manufacturing Studies (TWIMS) and Toyota Teach...
Transnet CEO Michelle Phillips has acknowledged criticism over the pace at which it plans to recover rail volumes and has reported that an internal “stretch target” of 193-million tons has been set...
Power train solutions company SEW-EURODRIVE has announced that it is rolling out a wider selection of planetary drives as part of its ‘close the loop’ strategy, geared at servicing more industry...
The board of directors of the New Development Bank (NDB) has approved a loan of up to $1-billion for the development of water and sanitation infrastructure in South Africa under government’s...
South Africa needs to sustain a low inflation rate to justify a change in the central bank’s monetary policy stance, Governor Lesetja Kganyago said. Consumer-price growth was 4.6% in July, the...
The South African National Roads Agency Limited (Sanral) says it is currently evaluating 96 tenders worth R35-billion, while 86 contracts worth R15-billion have already been awarded since the start...
MTN Group on Monday sent condolences to the family of Sifiso Dabengwa, who has passed away. Dabengwa served as the group president and CEO from 2011 to 2015 and was a key figure in MTN’s 30-year...
Business Leadership South Africa (BLSA) CEO Busi Mavuso has expressed concern about a press conference held by Human Settlements Minister Mmamoloko Kubayi last month, saying the Minister...
The Department of Mineral Resources and Energy, which is being split into the Department of Mineral and Petroleum Resources and the Department of Electricity and Energy, has confirmed that petrol...
Ahead of the ninth Forum on China-Africa Cooperation Summit, on Thursday, President Cyril Ramaphosa met with Chinese President Xi Jinping, in Beijing, on Monday, where Ramaphosa reaffirmed South...
Absa has reported a month-on-month drop of 8.8 points in the seasonally adjusted Purchasing Managers’ Index (PMI) for August to a level of 43.6, which reflects a shift back to contractionary...
Enormous investments are being made in ports, rail and transport logistics in Southern Africa, as well as more broadly in Africa, including by international companies and consortia. "Global...
The future outlook for South32, the mining and metals company spun out of BHP in 2015, has probably never looked brighter, says South32 CEO Graham Kerr. “It's a decade in for the company, and time...
While progressive reforms have been made to South Africa’s personal income tax (PIT) system since the advent of democracy, the potential to bolster this further with the aim of increasing revenue...
With about 80% of road crashes in South Africa caused by human error, fleet camera provider Optix, aims to facilitate, monitor and maintain positive human behaviour shifts geared towards safer...
Platinum group metals (PGMs) and chrome producer Northam has entered into a power purchase agreement with an independent power producer for an 180 MW solar farm at its Zondereinde PGM mine on the...
JSE-listed Murray & Roberts (M&R) has reached an agreement with a consortium of South African banks to repay R409-million in debt. The debt, which peaked at about R2-billion in April 2023, has been...
The New Development Bank (NDB) on Friday signed a R5-billion loan agreement with State-owned freight transport and logistics group Transnet. The agreement was signed during the NDB’s ninth yearly...
Enacting the just transition in emerging markets and developing countries (EMDCs) requires “a huge amount of resources and long-term financing”, says New Development Bank (NDB) president Dilma...
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