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Eskom Group CEO Dan Marokane has outlined an “aspirational” and largely unfunded new generation project pipeline to progressively replace its aged and polluting coal fleet. Having previously...
GuarantCo – part of the Private Infrastructure Development Group (PIDG) – and UK development finance institution British International Investment (BII) expect to unlock $500-million of new...
Dr Nombasa Tsengwa, the CEO of Johannesburg Stock Exchange-listed Exxaro Resources, has been placed on precautionary suspension with immediate effect, pending the outcome of an independent...
Supply chain management and logistics company Super Group’s 53.58%-owned subsidiary SG Fleet has entered into a scheme implementation deed with Westmann Bidco, an entity owned and controlled by...
Real estate investment company Fortress Real Estate Investments has revised its distributable earnings forecast for financial year 2025 to R1.78-billion, representing 147.80c a share, a 16.9%...
In a newly released study, climate and energy strategy advisory firm Meridian Economics has determined that optimally sized batteries offer immediate opportunities for many commercial and...
The South African Nuclear Energy Corporation (Necsa) generated better financial results and audit outcomes during the 2023/24 financial year, the State-owned entity has reported. It credited this...
AfriForum’s independent blue drop and green drop reports have found a regression in South Africa’s water systems, particularly wastewater treatment works. The organisation’s yearly blue drop...
A bi-lateral country project by the Electric Mission in South Africa and the Norwegian Electric Vehicle Association has engaged the South African government, including National Treasury and the...
The University of the Witwatersrand, in partnership with diversified mining company Anglo American, have relaunched the old Johannesburg Planetarium as the Wits Anglo American Digital Dome, after...
South Africa’s already-renowned MeerKAT radio telescope array, located in the Karoo region in the Northern Cape province, has been the key means of making yet another major scientific breakthrough....
Independent power producer Mulilo has reached financial close on the Ukuqala Solar Project, in the Northern Cape. This is the sixth project that Mulilo has closed this year, adding 75 MW to...
South Africa’s High Court upheld a legal challenge to the government’s plan to procure 1 500 megawatts of new coal-fired power, ruling that it was unlawful because of the potential impact on public...
Following the successful production of the fourth-generation X3 30E plug-in hybrid vehicle since October this year, BMW South Africa will embark on manufacturing the 20D derivative at its plant in...
National Treasury has noted Moody’s decision to affirm the country’s long-term foreign and local currency debt ratings at Ba2 – otherwise known as non-investment grade or junk status – and maintain...
The National Transmission Company South Africa (NTCSA) has told lawmakers that a “step change” will be needed in the delivery of new grid infrastructure if 14 500 km of new powerlines and 133 000...
A R1.5-billion green loan facility secured in 2022 is the significant funding underpin of three solar PV renewable-energy plants being constructed by Harmony Gold at its large Moab Khotsong gold...
Food group Tiger Brands TBSJ.J expects to sell off more brands including Ace maize meal and King Korn sorghum, and is pursuing short- to medium-term volume growth of up to 3%, its CEO said after...
South African private sector activity increased for a fourth consecutive month in November as firms took on more workers and grew more confident about the economic outlook, a survey showed on...
South Africa's consumer confidence slipped one point in the fourth quarter, although retail sales during the festive season are still expected to be at levels last seen in 2019, a survey showed on...
The annual growth in air cargo demand in October continued to be strong, the International Air Transport Association (IATA) has announced. (IATA is the representative body for the global airline...
Power utility Eskom has appointed Alfred Seema as group executive for strategic delivery. He joins the utility from Sasol, where he most recently held the role of VP for gas sourcing and business...
President Cyril Ramaphosa moved Justice and Constitutional Development Minister Thembi Nkadimeng-Simelane to a new department, amid an investigation into her conduct before she joined the Cabinet....
Germany has committed further funding of €276.5-million (about R5.2-billion) to South Africa for the period to 2026 to support several initiatives, including skills development and South Africa’s...
Pretoria-based telematics company Ctrack has acquired Inseego's international telematics business in a $52-million deal. The move will expand CTrack’s presence across the UK, Belgium, France,...
New-vehicle sales in November continued the positive momentum seen in October increasing by 8.1%, to 48 585 units, compared with the same month last year. naamsa | The Automotive Business Council...
National Treasury has extended the deadline for public comments on its ‘Taxation of alcoholic beverages’ discussion paper. The paper was published for public comment on November 13, alongside two...
Global investor sentiment towards South Africa improved significantly in 2024, Exxaro FD Riaan Koppeschaar reported on Tuesday, December 3. In a pre-close message for the financial year ending...
The South African Bureau of Standards (SABS) has suffered a major ransomware cyber-attack, resulting in critical IT systems going down, Engineering News has learned. This is not the first time the...
Dr Beyers Naude local municipality (DBNLM) in the Eastern Cape has, to date, achieved all of the goals of the municipality’s electricity programme. This was noted during a visit by Electricity and...
President Cyril Ramaphosa on Tuesday expressed confidence in South Africa’s ability to present “the most impressive G20”, stating that under the country’s leadership, the intergovernmental forum...
South Africa’s GDP decreased by 0.3% in the third quarter, following an increase of 0.3% in the second quarter. The agriculture, forestry and fishing industry decreased by 28.8%, contributing -0.7...
As the water level of the Vaal dam nears the critical 18% mark, preparations are under way to release water from the back-up Sterkfontein dam to augment water supply for Gauteng and surrounding...
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