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An image of the Gautrain
BCC-led consortium bids for Gautrain Concession project
10th December 2024 By: Tasneem Bulbulia

The Jubane Consortium, led by the Bombela Concession Company (BCC), operator of the Gautrain since its inception, is bidding to “revolutionise” Gauteng’s transport system. Drawing on global... 


Antonio Bruni with the MellowVans three-wheeler
Picup to start rolling out electric vehicles in 2025
10th December 2024 By: Irma Venter

Picup Technologies will next year start to provide electric mobility solutions to its driver network, all of whom are independent contractors, for deliveries within a five-kilometre radius in... 


Eskom Generation GM Eric Shunmagum
Eskom provides update on coal plants where decommissioning has been delayed to 2030
10th December 2024 By: Terence Creamer

State-owned electricity utility Eskom has provided some additional detail regarding the decision to continue operating 17 coal units across five power stations beyond their original decommissioning... 


renewable energy and city at night
Renewables covering area the size of Europe needed for clean energy future, report shows
10th December 2024 By: Darren Parker

A newly released report by technology and lifecycle solutions provider Wärtsilä shows that an area the size of Europe will need to be covered with renewable power to reach a clean energy future... 


Macpherson to launch independent investigation into IDT tender award
10th December 2024 By: Schalk Burger

Public Works and Infrastructure Minister Dean Macpherson will launch a full independent investigation into the Independent Development Trust (IDT) and its corporate governance problems to prevent... 


African countries again prominent on the list of those States blocking airline funds
10th December 2024 By: Rebecca Campbell

Almost 60% of airline funds, blocked from repatriation by governments around the world, were being held back by African countries, the International Air Transport Association (IATA) has reported.... 


A business person working
Sacci BCI improves by 3.4 points month-on-month in November
10th December 2024 By: Schalk Burger

Despite five subindices that turned slightly negative in November, the South African Chamber of Commerce and Industry (Sacci) Business Confidence Index (BCI) still improved by 3.4 points... 


An image showing transmission towers
Minerals Council upbeat on South Africa’s electricity supply situation amid improved EAF
10th December 2024 By: Tasneem Bulbulia

State-owned utility Eskom’s average energy availability factor (EAF) exceeded 60% for the seventh consecutive month in November. This milestone coincided with over 250 days without loadshedding and... 


A road in Eswatini
AfDB approves $140m loan for Eswatini regional road infrastructure projects
10th December 2024 By: Schalk Burger

Development finance institution (DFI) the African Development Bank Group (AfDB) has approved a loan of $140.6-million to Eswatini for the first stage of a programme to improve road links and... 


Mozal Aluminium
Civil unrest preventing delivery of raw materials to South32’s Mozal Aluminium
10th December 2024 By: Darren Parker

The transportation of raw materials to diversified miner South32’s Mozal Aluminium operation is being negatively impacted on by road blockages related to escalating civil unrest in Mozambique.... 


Airport employee preparing to refuel an aircraft
ACSA apologises for latest fuel failure at OR Tambo International, but airlines want action
10th December 2024 By: Rebecca Campbell

The Airports Company South Africa (ACSA) has reported that the aircraft refuelling system at OR Tambo International Airport, the country’s number one airport, located east of Johannesburg, has been... 


The Kariba dam
Zimbabwe power users raise $250m for solar plan
10th December 2024 By: Bloomberg

Zimbabwe’s industrial power users have secured $250-million from the African Export-Import Bank to build floating solar panels at the world’s largest man-made lake. The Intensive Energy User Group,... 


BLSA CEO Busi Mavuso
Fixing logistics, water sectors still long way off in South Africa - BLSA
9th December 2024 By: Schalk Burger

While South Africa is starting to see the fruits of energy sector reforms, it still has a long way to go to fix the water, and transport and logistics sectors despite recent progress, says business... 


Transnet's logo
AfDB disburses first tranche of $1bn loan to Transnet for recovery
9th December 2024 By: Schalk Burger

Development finance institution (DFI) the African Development Bank (AfDB) has released the first tranche of four of its $1-billion loan to State-owned Transnet as part of a financing arrangement to... 


An image showing the MoA signing between the NEF and the B-BBBEE Commission
NEF, BBBEE Commission sign MoA to strengthen economic transformation
9th December 2024 By: Tasneem Bulbulia

The National Empowerment Fund (NEF) and the Broad-Based Black Economic Empowerment (BBBEE) Commission have formalised a partnership with the signing of a memorandum of agreement (MoA) at the NEF’s... 


Sturdee Energy solar farm
Swedish, Danish funders invest in Southern African IPP
9th December 2024 By: Marleny Arnoldi

Sweden-based development financier SwedFund has partnered with Danish Investment Fund for Developing Countries (IFU) to accelerate renewable energy development in Southern Africa. As a starting... 


Man with laptop at night
PwC survey finds sub-Saharan CEOs are equally, if not more, focused on transformation
9th December 2024 By: Marleny Arnoldi

Consultancy PwC finds in its latest yearly global CEO survey that 81% of CEO’s in Africa took at least one action that greatly impacted on their company’s’ business model in 2023, compared with 76%... 


An image of the signing ceremony between Sturdee Energy and Frans Indongo Group, held in collaboration with RMB
Sturdee Energy, Frans Indongo Group, RMB Namibia collaborate on solar projects
9th December 2024 By: Tasneem Bulbulia

South African independent power producer (IPP) Sturdee Energy has partnered with Namibian-owned entity Frans Indongo Group, to raise a project finance facility of N$500-million from RMB Namibia as... 


OR Tambo International Airport
OR Tambo International faces flight delays over refuel issues
9th December 2024 By: Bloomberg

Airlines at South Africa’s busiest airport are unable to refuel their aircraft, raising the possibility of renewed delays just two days after pilots at the state-owned carrier ended a strike. The... 


Uber launches bakkie courier service in the South African market
Uber launches bakkie courier service in the South African market
9th December 2024 By: Irma Venter

Uber has launched a courier bakkie product offering to drivers and users of the Uber app in South Africa. This offering will see the ‘Uber Package’ service being rebranded as ‘Courier’, to align... 


Chery SA records best-ever sales in November
Chery SA records best-ever sales in November
9th December 2024 By: Irma Venter

Chery South Africa (Chery SA) has celebrated its best-ever month in the domestic market, with sales for November exceeding the 2 000-unit mark. Last month, 2 006 Chery vehicles were sold in South... 


Pan African CEO Cobus Loots speaking at Mogale
Pan African’s 2024 gold activity uplifted by year-end share issue
9th December 2024 By: Martin Creamer

Midtier gold mining company Pan African Resources, which has been top of the pops as a South African gold share for the most part of this year, on Monday uplifted its 2024 activity further with a... 


A soldier using the Fusion Cell system
Paramount launches solution to improve border security in Africa
9th December 2024 By: Rebecca Campbell

Aerospace and defence technology group Paramount, which was founded in South Africa but is now based in the United Arab Emirates, has launched its latest offering, intended to strengthen border... 


Agbiz CEO Theo Boshoff
Agri trade poised to benefit from South Africa’s global positioning next year, but BRICS needs work
9th December 2024 By: Marleny Arnoldi

With the 2024/25 season expected to benefit from La Niña rains, solid exports having been reported in the year-to-date, food price inflation having come down to 2.8% in October and the Agribusiness... 


Image of Cyril Ramaphosa
Ramaphosa reflects on government progress, notes slow pace of economic growth
9th December 2024 By: Thabi Shomolekae

President Cyril Ramaphosa pointed out on Monday that strengthening local government is the Government of National Unity’s key priority, noting disruptions in the supply of electricity and clean... 


Untrans truck travelling on national road
Unitrans positive about govt, private-sector intervention amid transport crises
9th December 2024 By: Tracy Hancock

Despite the deterioration of South Africa’s aging transport infrastructure and a challenging operating environment, end-to-end logistics and supply chain solutions provider Unitrans CEO Edwin... 


Agbiz/IDC Agribusiness Confidence Index increases further in the fourth quarter
6th December 2024 By: Sabrina Jardim

The Agricultural Business Chamber (Agbiz)/Industrial Development Corporation (IDC) Agribusiness Confidence Index (ACI) increased by ten points quarter-on-quarter to 58 in the fourth quarter of this... 


Seifsa CEO Lucio Trentini
Repair and rebuild of infrastructure can drive aggressive industrialisation programme, says Seifsa
6th December 2024 By: Schalk Burger

Industry organisation the Steel and Engineering Industries Federation of Southern Africa (Seifsa) says an aggressive industrialisation programme can be driven through the repair and rebuild of... 


Buco retail store in Strijdom Park
Buco opens new store as part of larger effort to grow its Gauteng presence
6th December 2024 By: Darren Parker

Building materials and hardware supplier Buco has opened a new convenience store in Strijdom Park, Randburg. The store, which had a soft opening about two months ago, was officially  declared open... 


Business must organise to leverage G20 opportunities, Sacci urges
6th December 2024 By: Schalk Burger

South African business must organise in a fully inclusive manner to take advantage of the opportunities of South Africa's chairing of the intergovernmental platform Group of 20 (G20) for the... 


McKinsey & co
McKinsey, Busa join for G20 event after scandal
6th December 2024 By: Bloomberg

McKinsey & Co. is partnering with South African business-lobby group Business Unity South Africa (Busa) to prepare for an event aimed at connecting global policymakers, civil-society organisations... 


From left: DBSA CEO Boitumelo Mosako.; IAF CEO Vincent le Guennou and Axian CEO Hassanein Hiridjee
Africa50 fund secures new investment pledge from the DBSA
6th December 2024 By: Sabrina Jardim

The Africa50 Infrastructure Acceleration Fund (IAF) has reached a new milestone, with the Development Bank of Southern Africa (DBSA) and pan-African group Axian having agreed to invest in the IAF.... 


Tech Mahindra’s global head of automotive consulting and solutions Sachin Kulkarni (left) and Jendamark India CEO Himanshu Jadhav (right)
Tech Mahindra to become a global partner for Jendamark’s Odin Manufacturing technologies
6th December 2024 By: Schalk Burger

Assembly line design and manufacturing company Jendamark Automation has signed an agreement with technology consulting and systems integrator Tech Mahindra to become a global partner for... 


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Magazine round up | 13 December 2024
Magazine round up | 13 December 2024
13th December 2024

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