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An aerial view of the Lake Charles Chemicals Complex
Sasol plans reviving chemical unit and explore potential IPO
17th January 2025 By: Bloomberg

Sasol is looking to revive its international chemical business, including a sprawling US complex, to boost earnings and open up an option to potentially list it, according to the company’s chief... 


From left: KBC COO Sian Thurtell; PMC manager in training development and contractor management Mabore Macheru; KBC corporate accounts partner Ruan Janse van Rensburg
KBC launches safety escape room for hands-on HSE training
17th January 2025 By: Sabrina Jardim

Health and safety solutions provider KBC Health and Safety has introduced South Africa's first safety escape room, an innovative approach to health, safety and environment (HSE) training. Recently... 


The Jeffreys Bay wind farm
World Bank sets terms for Africa to win $40bn in power finance
17th January 2025 By: Bloomberg

The World Bank and African Development Bank (AfDB) laid out the terms African nations will need to meet to win $40-billion in finance to tackle the continent’s electricity crisis. The two... 


Photo of Terence Creamer
Can the Network Statement facilitate entry of new private train operators?
17th January 2025 By: Creamer Media Reporter

Engineering News editor Terence Creamer discusses the Transnet Rail Infrastructure Manager's (TRIM's) release of the much-anticipated Network Statement and whether it will be enough to facilitate... 


An Amazon branded banner and boxes
Amazon opens Cape Town walk-in centre as it strives for market-share
17th January 2025 By: Reuters

US e-commerce giant Amazon.com opened on Thursday a walk-in centre in South Africa that it says will help its independent sellers attract more customers and expand their businesses, while it also... 


Gerhard Moolman aboard the Osiyeza at sea
Innovative engineering sees Gerhard Moolman row solo across the Atlantic in record time
17th January 2025 By: Darren Parker

Engineer Gerhard ‘Moolies’ Moolman arrived back safely in South Africa on January 10 after successfully completing a 4 050 km trip across the Atlantic ocean on a uniquely engineered rowing boat... 


Magazine round up | 17 January 2025
Magazine round up | 17 January 2025
17th January 2025

A video round up of this week’s magazine, highlighting our cover story, features and Business Leader.  


B20 co-chairperson Nonkululeko Nyembezi
B20 South Africa delegation to emphasise collaboration to tackle global challenges at WEF meeting
16th January 2025 By: Schalk Burger

A delegation from B20 South Africa will attend the upcoming World Economic Forum (WEF) annual meeting, in Davos, Switzerland, led by B20 South Africa Sherpa Cas Coovadia, along with co-chairpersons... 


PowerGen launches African renewable energy investment platform
16th January 2025 By: Schalk Burger

Renewable energy company PowerGen Renewable Energy (PowerGen) has partnered with international investors to establish a scalable, distributed renewable energy platform targeting the deployment of... 


Solar panels, wind turbines and transmission infrastructure
Opinion: The Just Energy Transition is just taking too long
16th January 2025

In this article, financial services provider DG Capital's Imraan Mukadam and Shaun Nel write that the need to gear all levers across government, especially through dedicated incentives towards the... 


A FlySafair-branded aircraft
Creecy says FlySafair request for exemption from ownership regulations ‘premature’
16th January 2025 By: Marleny Arnoldi

Transport Minister Barbara Creecy has called airline FlySafair's request for an urgent Ministerial exemption from a disputed legal provision of the Air Service Licensing Act "premature". She has,... 


Lifetime extensions, as are being pursued at Koeberg's two units, are under way in several countries
IEA report points to revival in nuclear interest
16th January 2025 By: Terence Creamer

A new International Energy Agency (IEA) report argues that nuclear capacity could double to 870 GW by 2050 in light of renewed interest in the building of new nuclear plants, including small... 


Trade Minister Parks Tau
South Africa sees talks averting ArcelorMittal plant closures
16th January 2025 By: Bloomberg

South African officials are working to prevent the closure of some steel mills operated by the local unit of ArcelorMittal SA this month, Trade Minister Parks Tau said, adding he is hopeful about... 


OPEC Fund commits $30m to 1.1 GW Gulf of Suez wind farms in Egypt
16th January 2025 By: Schalk Burger

Development finance institution the OPEC Fund for International Development is cofinancing Africa’s largest onshore wind power project by contributing $30-million to the construction of two 550 MW... 


US flag
US will likely be star performer amid world economic woes
16th January 2025 By: Marleny Arnoldi

The World Economic Forum (WEF) finds in its latest ‘Chief Economists Outlook’ report that only 17% of economists foresee an improvement in the global economy this year, with 56% of respondents... 


Businesses prioritising AI to drive productivity, BCG survey shows
16th January 2025 By: Schalk Burger

AI remains a top priority for business leaders worldwide this year, with a strong focus on reaping tangible results from their AI initiatives, consulting company Boston Consulting Group's (BCG's)... 


Image of Sinoma Overseas chairperson Linhe Zhu and PPC CEO Matias Cardarelli
PPC, Sinoma sign MoA for R3bn low-carbon replacement plant
16th January 2025 By: Irma Venter

Cement group PPC has signed a memorandum of agreement (MoA) with cement equipment and engineering company Sinoma Overseas Development Company for the construction of a new R3-billion low-carbon... 


Grindrod’s NovaMarine acquires AllSurvey Industrial
Grindrod’s NovaMarine acquires AllSurvey Industrial
16th January 2025 By: Irma Venter

Marine safety and survival equipment service provider NovaMarine has acquired marine and industrial engineering company AllSurvey Industrial (ASI). Established in 1986, ASI’s principal activity is... 


Finance Minister Enoch Godongwana
Godongwana notes importance of collaboration as South Africa seeks international support at WEF
16th January 2025 By: Marleny Arnoldi

Finance Minister Enoch Godongwana has emphasised the importance of collaboration between business and government as South Africa has an opportunity to highlight its strengths on the global stage.... 


African development finance institution successfully issues its first perpetual hybrid bond
16th January 2025 By: Rebecca Campbell

African development finance institution, the Africa Finance Corporation (AFC), has announced that it has successfully priced its first ever perpetual hybrid bond issue. This issue has a value of... 


Trade expectations outpace trade activity in December – Sacci
16th January 2025 By: Schalk Burger

The trade outlook in December remained well into positive territory, but present trade activity is still in negative territory, according to business organisation the South African Chamber of... 


NAACAM CEO Renai Moothilal
Opinion: AMSA closure – where to for automotive manufacturing in South Africa?
16th January 2025

In this article, National Association of Automotive Component and Allied Manufacturers (NAACAM) CEO Renai Moothilal writes that ArcelorMittal South Africa's (AMSA's) decision to halt long steel... 


South Africa can play a significant role in global technology, sustainability
16th January 2025 By: Natasha Odendaal

The 2025 World Economic Forum, set to be held in Davos from January 20 to 24, provides an unparalleled platform for South Africa to assert itself as a global leader in technology and... 


Tongaat Hulett Zimbabwe to lay off 1 000 workers amid currency crisis
16th January 2025 By: Reuters

Sugar producer Tongaat Hulett Zimbabwe plans to lay off 1 000 employees by August this year, a company official said, as it seeks to cut costs and survive the country's currency turmoil and... 


President Cyril Ramaphosa
Investors go all in on Ramaphosa pledge to rebuild South Africa
16th January 2025 By: Bloomberg

On South Africa’s busiest freight corridor, men and a handful of women decked out in blue overalls, hard hats and reflector jackets transform the landscape. As workers dodge cement mixers and... 


The top global threats for 2025
Increasingly fragile global landscape demands resilience, sustainable solutions - WEF
15th January 2025 By: Marleny Arnoldi

The World Economic Forum (WEF) finds in its latest ‘Global Risks’ report that the global landscape has become increasingly fractured, with escalating geopolitical, environmental, societal and... 


Afrimat CFO Pieter de Wit
Pieter de Wit resumes his role as Afrimat CFO
15th January 2025 By: Darren Parker

Mid-tier mining and materials company Afrimat has announced that Pieter de Wit has concluded his role as integration officer overseeing Afrimat’s acquisition of cement company Lafarge and has been... 


Steel pipes
Much at stake as Itac moves on ‘flagship’ review of steel tariffs
15th January 2025 By: Terence Creamer

The review of South Africa’s steel tariff structure set to be undertaken by the International Trade Administration Commission of South Africa (Itac) has been described as the largest ever and is,... 


AWEaP president and founder Bertha Dlamini
Women entrepreneurs to get fully funded training for South Africa's JET
15th January 2025 By: Sabrina Jardim

The African Women in Energy and Power (AWEaP) – in partnership with the US Department of State Bureau of Energy Resources and Winrock International, through the Accelerating Women’s Empowerment in... 


Global M&A likely to surge this year – report
15th January 2025 By: Sabrina Jardim

While dealmakers waited for an improvement in conditions in inflation, interest rates and debt financing and to see the effect of those macroeconomics on target performance over a substantial... 


Man with computer screens
Cybercrime again leads Allianz Risk Barometer this year
15th January 2025 By: Marleny Arnoldi

Cyber incidents, business disruption and natural catastrophes have emerged as the top three areas of concern for companies globally this year, according to the latest Allianz Risk Barometer. The... 


A view of Granger Bay, with the V&A in the background
V&A Waterfront hopes to break ground on R20bn project later this year
15th January 2025 By: Irma Venter

The V&A Waterfront hopes to break ground later this year on a proposed R20-billion development to be rolled out in phases over the next 15 to 20 years. The new development and its funding have... 


Rainfall boosts South Africa’s, Vaal dam’s water storage levels
15th January 2025 By: Natasha Odendaal

Recent rainfall has boosted the water levels of the Vaal dam significantly, with plans to fill the dam with water from Sterkfontein dam no longer necessary. Over the past few months, as the Lesotho... 


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Magazine round up | 24 January 2025
Magazine round up | 24 January 2025
24th January 2025

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