Namibia, one of the world’s largest uranium producers, is seeking investment from China in nuclear power to boost its role in the global push to clean energy. “We want to add value to our uranium... 

The failure of a task team established to chart a survival strategy for ArcelorMittal South Africa’s (AMSA’s) Newcastle Works, in KwaZulu-Natal, culminated in the JSE-listed steel group notifying... 

Renewable energy provider Scatec has reached financial close for the second 60 MW of the 120 MW Mmadinare solar complex in Botswana, setting the stage for construction to begin. Scatec signed a... 

Legislation signed into law by President Cyril Ramaphosa in late December introduces a 150% investment allowance for any capital investment made to enable the production of electric and hydrogen... 

US space company SpaceX has announced major upgrades to the latest prototype of its spacecraft, the Starship, which is expected to conduct a test flight soon, possibly as early as Friday. This will... 

New York- and Toronto-listed Barrick Gold remains restricted from shipping gold from its Loulo-Gounkoto mining complex in Mali, West Africa. In addition, an interim attachment order has now been... 

The Ministry of Electricity and Energy has unveiled the preferred bidders for Bid Window 7 (BW 7) of the Renewable Energy Independent Power Producer Procurement Programme (REIPPPP), naming eight... 

The National Energy Regulator of South Africa (Nersa) has said that its evaluation of  State-owned utility Eskom’s sixth multi-year price determination (MYPD6) revenue application is in progress,... 

Old Mutual Investment Group Namibia (OMIGNAM), Namibia's largest asset manager, has partnered with renewable energy company Sturdee Energy Namibia and Namibian financial services company IJG to... 

Steel producer ArcelorMittal South Africa (AMSA) has announced that it will close its long-products business in a move that will affect 3 500 direct and indirect jobs and which is likely to have... 

Zimbabwe’s power-transmission company has invited bids for companies to install energy-storage units as part of measures to ease crippling energy shortages. Zimbabwe Electricity Transmission &... 

The Department of Trade, Industry and Competition (dtic) has welcomed the proclamation of two Companies Amendment Acts of 2024 by President Cyril Ramaphosa, describing it as a “significant... 

Green hydrogen has been touted by politicians and business leaders alike as a key fuel for a carbon-free future. But it will remain far more expensive than previously thought for decades to come,... 

South African state-owned logistics group Transnet has reported a wider loss of R2.2-billion in the six months to September 30 on higher costs and operational challenges. Transnet made a loss of... 

China's top diplomat began his annual New Year tour of Africa on Sunday, maintaining a 35-year-long tradition, to quietly advance Beijing's already sizeable influence across the resource-rich... 

South Africa will retain its preferential access to the US markets for its goods in 2025 despite strained relations between the countries. After undertaking an annual review of which nations are... 

The National Treasury, on December 20, published the local government revenue and expenditure report for the first quarter period from July 1 to September 30, which showed that aggregate spending... 

About one-million small businesses in Côte d’Ivoire and Uganda have digitised their operations, increased the use of digital financial services and accessed digital marketplaces through the MoMo... 

A family trust linked to Koos Bekker — one of South Africa’s richest people — sold about €156-million of shares in Internet investing giant Prosus to fund building operations at hotels in South... 

Eskom Holdings’s risk premium is dwindling as a turnaround at South Africa’s State-owned electricity company gathers momentum. The extra yield investors demand to take on the risk of holding the... 

Industry organisation Business for South Africa (B4SA) welcomes the release of the Network Statement as an exciting and significant milestone in the journey towards meaningful rail sector reform in... 

While the post-election period brought its share of challenges, and with South Africa navigating the complexities of the Government of National Unity (GNU), it also sparked a renewed focus on... 

South Africa's total solar PV capacity surged to 8.97 GW this year, which includes 2.8 GW from public procurement and 6.1 GW from private-sector contributions, 11.9% higher than in 2023. A further... 

The Recycling and Economic Development Initiative of South Africa (Redisa) reports that the Product Testing Institute (PTI), near Gqeberha, in the Eastern Cape, is now the only independent facility... 

The biggest vessel-ordering program since the eve of the global financial crisis is putting a squeeze on the shipbuilding industry’s capacity to construct new vessels. Owners plowed more than... 

JSE-listed logistics company Grindrod, in a December 19 pre-closing trading update, said its focus going forward would be to drive growth in bulk handling, container handling, logistics capability... 

President Cyril Ramaphosa on Thursday assented to the National Nuclear Regulator Amendment Bill, which provides for nuclear safety oversight, ranging from the decontamination of defence facilities... 

State-owned power utility Eskom has reported a R25.5-billion loss before tax for the financial year ending March 31, 2024, following a year marked by operational setbacks, financial strain and... 

Trade and development finance institution the African Export-Import Bank (Afreximbank) has signed a project preparation facility financing agreement for an up to 200 MW private-sector,... 

South Africa is "still in the foothills of economic recovery" and, while external influences must still be skillfully navigated, the country's future economic performance will hinge mainly on... 

The National Minimum Wage (NMW) Commission has published a recommendation in the Government Gazette that the national minimum wage be adjusted by the rate of consumer price inflation (CPI) plus... 

Telecommunications group MTN Group has announced leadership changes as part of its succession plans and advancing its Ambition 2025 strategy. Mitwa Ng’ambi, CEO of MTN Cameroon, will move to the...