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South Africa business activity contracts again in January, PMI shows
5th February 2025 By: Reuters

South African private sector activity contracted sharply in January as output fell due to lower sales, a survey showed on Wednesday. The S&P Global South Africa Purchasing Managers' Index fell to... 


Metso launches new screening FATP facility in Gauteng
Metso launches new screening FATP facility in Gauteng
5th February 2025

Minerals and aggregates process solution company Metso, in partnership with specialist fabrication company Efficient Engineering, has launched its screening fabrication, assembly, testing and... 


Joanne Bate
Bate still expects to play role in green transition following IDC departure
5th February 2025 By: Terence Creamer

Former Industrial Development Corporation (IDC) COO Joanne Bate, who departed the development financier at the end of January, expects to continue to play some role in South Africa’s green energy... 


Solar panels
Africa50 to set up off-grid power, green infrastructure funds
5th February 2025 By: Bloomberg

Africa50, a pan-continental infrastructure investor, is setting up the first region-wide investment vehicle dedicated to off-grid power companies and plans a $500-million fund to invest in... 


Coal being transported on rail
Transnet sees rail volumes falling short of target this year
5th February 2025 By: Reuters

South African logistics group Transnet's rail freight volumes could reach 160-million to 165-million tons in the year to end March, its CEO said on Tuesday, ahead of last year but short of a... 


Africa Energy Bank targets mid-year launch with South Africa indicating interest
5th February 2025 By: Reuters

The proposed Africa Energy Bank, which aims to fund oil and gas projects across the continent, is set to start operations by mid-year this year, with South Africa also indicating interest to join,... 


President Cyril Ramaphosa
CDE calls on Ramaphosa to show how GNU is enacting much-needed reforms
4th February 2025 By: Darren Parker

The Centre for Development and Enterprise (CDE) has urged President Cyril Ramaphosa to use the upcoming State of the Nation Address (SoNA) on February 6 to show how the Government of National Unity... 


Cape Herb & Spice grinders
Recalls announced on three Volvo models, Cape Herb & Spice products
4th February 2025 By: Marleny Arnoldi

The National Consumer Commission (NCC) has confirmed automaker Volvo Car South Africa is recalling the XC90 models made for sale on January 20, 2023, and October 29, 2024, as well as the XC40... 


CESA calls on Ramaphosa to announce concrete action on infrastructure projects
4th February 2025 By: Schalk Burger

South Africa “does not need more statements of intent, it needs evidence of action,” says industry organisation Consulting Engineers South Africa (CESA) CEO Chris Campbell, urging President Cyril... 


An image showing The Mall of Africa
Attacq, Nedbank CIB welcome Mall of Africa’s EDGE certification
4th February 2025 By: Tasneem Bulbulia

JSE-listed real estate investment trust Attacq, the strategic development partner of Waterfall City, announces that its flagship retail asset, Mall of Africa, has achieved the Excellence in Design... 


Money being exchanged
Agri SA appreciates balanced approach to latest minimum wage increase of 4.4%
4th February 2025 By: Marleny Arnoldi

Industry body Agri SA has stated its appreciation for the National Minimum Wage Commission having strived to take a balanced approach in the latest national minimum wage increase of 4.4%, effective... 


An image of Pegasys CEO Dr Constantin von der Heyden and RSK group CEO Alan Ryder
Pegasys joins RSK Group
4th February 2025 By: Tasneem Bulbulia

Africa-headquartered strategy and management consultancy Pegasys is now part of sustainable solutions provider the RSK Group. This follows the finalisation of a strategic partnership, strengthening... 


Fuel station
Petrol price to increase by 82c, diesel by up to 105c
4th February 2025 By: Marleny Arnoldi

Mineral and Petroleum Resources Minister Gwede Mantashe has announced the adjustment of fuel prices, based on current local and international factors, effective February 5. Petrol 93 and 95... 


Redefine claims ESG excellence ranking in top 50 companies surveyed by Sustainalytics
4th February 2025 By: Schalk Burger

JSE-listed real estate investment trust Redefine Properties has achieved an environmental, social and governance (ESG) risk rating of 6.5 from ESG research and data company Sustainalytics,... 


Insurance tycoon and property developer douw Steyn dies at 72
4th February 2025 By: Bloomberg

Douw Steyn, a South African insurance tycoon and luxury property-estate developer, died at 72. The founder of local insurer Auto & General and the UK’s BGL Group also set up Steyn City, a private... 


solar and wind energy
World Bank lifts South Africa GDP forecast on energy, logistics
4th February 2025 By: Bloomberg

The World Bank raised its economic-growth forecast for South Africa because of a sustained recovery in its energy and logistics sectors, while warning that the nation will struggle to achieve a... 


wind turbines being transported by truck
Wind turbines on their way to Ummbila Emoyeni facility
4th February 2025 By: Darren Parker

Nine turbines, including 27 blades and other components, are being transported on the N2, from Richards Bay to Seriti Green’s Ummbila Emoyeni wind energy facility in Bethal, Mpumalanga. The... 


Wood secures engineering contract at Cameroon mining project
4th February 2025 By: Tasneem Bulbulia

Consulting and engineering company Wood has been awarded an engineering scope for the Ngovayang iron-ore project, in southern Cameroon. The award by Cameroon Mining Action (Camina), a subsidiary of... 


From left De Beers sustainability head Tefo Molosiwa, Anglo Group projects director Alison Atkinson, Sasol executive VP Sarushen Pillay, and Sasol corporate affairs manager Christopher Kabosha.
Promising renewable diesel pilot production plan announced by powerful partnership
4th February 2025 By: Martin Creamer

The launch of a pilot initiative to produce feedstock for renewable diesel in South Africa was announced on day two of the Investing in African Mining Indaba taking place in Cape Town. The launch,... 


An image of Public Works and Infrastructure Minister Dean Macpherson
Public Works Minister reassures prospective investors about South Africa’s Expropriation Act
4th February 2025 By: Tasneem Bulbulia

Public Works and Infrastructure Minister Dean Macpherson has stressed the importance of clearing up any misconceptions surrounding the Expropriation Act, to ensure investors of policy certainty. He... 


An image of Public Works and Infrastructure Minister Dean Macpherson
Public Works Minister appoints two new Independent Development Trust members
4th February 2025 By: Tasneem Bulbulia

Public Works and Infrastructure Minister Dean Macpherson has appointed attorney Matodzi Ratshimbilani and public law expert Derek Naidoo to the board of the Independent Development Trust (IDT), in... 


Positive new-vehicle sales momentum continued in January – naamsa
4th February 2025 By: Schalk Burger

Industry body naamsa | the Automotive Business Council has expressed optimism that the positive new-vehicle sales momentum of the fourth quarter of 2024 has continued into the first month of this... 


Selati sugar on production line
SA Canegrowers calls sugar tax increase activism misguided, uninformed
4th February 2025 By: Marleny Arnoldi

While there has been renewed activism from health organisations for Finance Minister Enoch Godongwana to increase the Health Promotion Levy (HPL), or sugar tax, in this year’s Budget, industry body... 


Port of Durban
South Africa’s energy and transport reforms could create 500 000 jobs – World Bank
4th February 2025 By: Terence Creamer

South Africa could increase its GDP growth by 1% in the short term and up to 3% in the medium term by addressing persistent energy and freight logistics constraints, the World Bank’s latest ‘South... 


Eskom lead independent director Leslie Mkhabela
Leslie Mkhabela appointed Eskom lead independent director
4th February 2025 By: Schalk Burger

State-owned power utility Eskom has appointed Leslie Mkhabela as lead independent director, with effect from January 31. “The board appointed Mr Mkhabela as a lead independent director to... 


the MV MPUNGU
Lake Victoria’s first scheduled RoRo freight vessel sets sail
3rd February 2025 By: Sabrina Jardim

East Africa Marine Transport (EAMT) has commissioned Lake Victoria’s first scheduled roll-on/roll-off (RoRo) freight vessel, the MV MPUNGU. Offering faster and safer crossings and reduced carbon... 


Traxtion CEO James Holley.
Traxtion expands operations into Angola with new contract
3rd February 2025 By: Sabrina Jardim

Private freight rail company Traxtion has expanded its operational footprint into Angola after signing a contract with a concessionaire on the Lobito Rail Corridor. While Traxtion has previous... 


Alexforbes launches National CIPC Sustainability Reporting Market Sentiment Survey
3rd February 2025 By: Sabrina Jardim

JSE-listed financial services company Alexforbes has launched a National Companies and Intellectual Property Commission (CIPC) Sustainability Reporting Market Sentiment Survey to assess market... 


An image of construction workers
RIB survey reveals optimism in construction sector, despite challenges
3rd February 2025 By: Tasneem Bulbulia

Software company RIB Software’s ‘2025 Industry Outlook Survey’ reveals a wave of optimism in the construction sector, with 97.6% of respondents anticipating revenue growth and a robust project... 


Wine and grapes
South Africa Wine says ‘excessive’ new excise tax on alcohol will devastate wine value chain
3rd February 2025 By: Marleny Arnoldi

Industry body South Africa Wine has expressed serious concerns about the potential impact on the wine industry’s sustainability and competitiveness, in response to National Treasury’s proposed... 


Zero Carbon Charge calls for Ramaphosa to announce comprehensive EV strategy during SoNA
3rd February 2025 By: Schalk Burger

While the signing of the 150% tax incentive for electric vehicle (EV) manufacturers from 2026 is a step forward, South Africa needs a comprehensive strategy to build a thriving EV ecosystem that... 


DWS confident that Lesotho tunnel maintenance will be completed on schedule
3rd February 2025 By: Natasha Odendaal

Following an oversight site visit to the Ash River Outfall in Clarens, in the Free State, over the weekend, Water and Sanitation Minister Pemmy Majodina is confident that the Lesotho Highlands... 


Beneficiation of African metals and minerals in Africa is being demanded as an absolute must.
Adding value to metals and minerals in Africa emphasised as a must at Mining Indaba
3rd February 2025 By: Martin Creamer

Investing in African Mining Indaba presenters on Monday spoke repeatedly of the need for Africa to add value to its metals and minerals on the continent itself rather than allowing this to take... 


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