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Former Vodacom Group executive Romeo Kumalo’s investment firm plans to raise a $200-million fund to back AI-focused companies across Africa, as it bets on a wave of innovation following its...
South Africa's private sector activity contracted for the first time in seven months in October, as firms faced a renewed downturn in output and orders, S&P Global reported on Wednesday. The South...
South Africa's rand inched up early on Wednesday, attempting a recovery from an almost two-month low as investors awaited fresh signals on the global and domestic economic outlook. At 0630 GMT, the...
Sun International’s Sun City Resort, in the North West, has relaunched its Sun City Hotel, reviving its former glory and “reimagining” the iconic original hotel. Natasha Odendaal has the story.
South African defence and aerospace company Milkor has, with the upcoming G20 Summit in Johannesburg now only a few weeks away, highlighted the capabilities of its Milkor 380 medium-altitude...
Industry body SA Canegrowers says an unprecedented surge in imported sugar is leading to drastically lower sales of locally produced sugar. The organisation believes not enough is being done to...
Professor Raymond Parsons has been appointed as an extraordinary professor in the Faculty of Economic and Management Sciences at the University of the Western Cape (UWC). In a media release, UWC...
Financial technology (fintech) company Optasia has successfully listed on the main board of the JSE, with its initial public offering (IPO) having been priced at R19 apiece. The listing marks a...
JSE-listed steel producer ArcelorMittal South Africa (AMSA) has confirmed that production has ceased at the Newcastle Works, in KwaZulu-Natal, and that the process to place its long-steel business...
Johannesburg and Pilgrim’s Rest, two locations steeped in South African gold mining history, are both making it clear that their gold resources are far from done. Mining Weekly chalked up reads...
Gauteng Premier Panyaza Lesufi has declared Gauteng fully prepared to host the upcoming G20 Leaders’ Summit at the Nasrec Expo Centre, following several months of intensive coordination between the...
Electric vehicles (EVs) do not only differ from internal combustion engine (ICE) vehicles in the way they are powered and serviced, but also in the way they are viewed by insurance companies. PPS...
A Cape Town-based startup that is developing an algae-based replacement for fossil fuels has beaten 40 countries to claim the €10 000 top prize at ClimateLaunchpad's green business idea competition...
Two South African export councils say their participation in the China International Import Expo (CIIE) will contribute in strengthening South Africa’s presence in the Chinese market, increase the...
The Road Accident Fund (RAF) has paid out a record R5.5-billion in October, its highest monthly payout for the 2025/26 financial year, as the newly appointed board marks its first 100 days in...
The Presidential Climate Commission (PCC) has welcomed government’s recent approval and release of the Integrated Resource Plan (IRP) 2025 and the revised Nationally Determined Contribution (NDC)...
The Competition Tribunal has dismissed a complaint of alleged market division brought by the Competition Commission against the Automatic Sprinkler Inspection Bureau (ASIB) and six other firms in...
UK-based motor efficiency company Energy Drive has appointed Dr Nick Moelders COO. Based in the US, his appointment marks a significant step in the company’s global expansion and enhancing its...
The National Energy Regulator of South Africa (Nersa) has approved maximum prices of gas for three natural gas suppliers Spring Lights Gas, Natural Gas Vehicles and Virtual Gas Network. Spring...
Three recycling organisations have strongly rejected the International Trade Administration Commission of South Africa’s (Itac’s) amendments to the price preference system (PPS) for scrap metal,...
A G20 taskforce established by South African President Cyril Ramaphosa has called for the creation of an international panel to tackle inequality, warning that extreme wealth disparities disrupt...
Digital bank TymeBank has received approval from the South African Reserve Bank’s Prudential Authority to appoint Cheslyn Jacobs as its new CEO, effective January 1, 2026. Jacobs will succeed Karl...
The International Trade Administration Commission of South Africa (Itac) has Gazetted only modest changes to the contentious price preference system (PPS) for scrap metal, reducing the discount for...
AI-based systems used to enhance cyberattacks, mainly by rapidly processing data of companies before and once inside an organisation's digital perimeter, are reducing the time cyberattackers need...
JSE-listed Redefine Properties has delivered a 7.8% year-on-year increase in its distributable income to R3.6-billion for the financial year ended August 31, compared with distributable income of...
Fuel prices across the board will decrease on November 5, Mineral and Petroleum Resources Minister Gwede Mantashe has announced. The price of petrol is set to fall by 51 c/ℓ for both 93 and 95...
The Industrial Development Corporation (IDC) and the Public Investment Corporation (PIC) have signed a new memorandum of understanding under which the two State institutions will explore...
Financial company Standard Bank has closed a bespoke R1.92-billion equity financing solution for black-owned infrastructure investment and development company H1 Holdings. The funding solution,...
South Africa’s new car and truck market notched up another stellar month in October as it recorded the highest monthly sales – 55 956 units – since March, 2015. Naamsa | The Automotive Business...
Having made adjustments worth R4.2-billion to its Rosslyn-based production plant to accommodate for plug-in hybrid electric vehicle (PHEV) manufacturing since October last year, automotive...
South Africa’s manufacturing sector slipped back into contractionary territory in October, with the seasonally adjusted Absa Purchasing Managers’ Index (PMI), published on November 3, falling to...
Mining Weekly has just visited West Wits Mining, where Johannesburg’s former golden glow is beginning to re-show – and at a cracking pace. The gold project is a close 15 km west of Johannesburg’s...
In this article, EE Business Intelligence MD Chris Yelland writes that Eskom's 'Medium-Term System Adequacy Outlook 2026–2030' report portrays a power system entering a delicate transition and that...
The University of Cape Town (UCT) and Solarise Africa, together with partners ACES Africa and WEG South Africa, have launched the UCT Faculty of Health Sciences backup power project at the Health...
The launch of Operation Vulindlela’s Phase II second-quarter report last week showed that, while it has delivered important results, critical work still remains, business organisation Business...
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