The final forensic report on the controversial Telkom Towers project will be delivered by the end of April, Public Works and Infrastructure Minister Dean Macpherson has revealed. In August last... 

A new sun-tracking system, which could uplift the performance of South Africa’s concentrated solar power (CSP) plants, is attracting attention. CSPs, which use mirrors to convert sunlight into... 

Mineral and Petroleum Resources Minister Gwede Mantashe has announced a decrease in fuel prices across the board from April 2, based on current local and international factors. The price of Petrol... 

The Department of Public Works and Infrastructure (DPWI) has launched an infrastructure audit programme to better ensure compliance and optimal resource use. Speaking at the inaugural Public Works... 

Public Works and Infrastructure Minister Dean Macpherson is ramping up the pace at which underperforming or corruption-accused contractors are being blacklisted, with more than 40 on the shortlist... 

Agricultural Business Chamber (Agbiz) has appointed Dr Charl van der Merwe as the new manager of the organisation’s grain desk, succeeding Wessel Lemmer. Van der Merwe has 27 years of experience... 

The World Platinum Investment Council (WPIC) finds in its latest Platinum Essentials publication that the US’s 25% tariff on vehicle imports from April 3 and parts from May 3 will have a 70 000 oz... 

Steel group ArcelorMittal South Africa (AMSA) has confirmed that the Industrial Development Corporation (IDC) is considering taking a larger equity stake in the JSE-listed group and will conduct a... 

March new-vehicle sales jumped by 12.5%, to 49 493 units, compared with the same month last year. The new passenger car market led the charge, soaring by 25.3%, to 33 447 units, driven by robust... 

The Department of Water and Sanitation (DWS) on Tuesday opened a third sluice gate at the Vaal dam to increase water outflows and manage inflows. The Vaal dam water level is currently at 107.30%,... 

Volvo Car South Africa (VCSA) is rolling out a five-year programme to “Restart” the Swedish premium brand in South Africa. Part of this process is to whittle down its 19 Volvo Car dealerships... 

The seasonally adjusted Absa Purchasing Managers’ Index (PMI) increased by four points to 48.7 in March. While the headline PMI remained in contractionary territory for a fifth consecutive month,... 

South Africa intends launching a pilot programme for the procurement of 1 164 km of 400-kV powerlines, involving seven corridors in three provinces, in November as part of an initiative to mobilise... 

Total global air passenger traffic rose by 2.6%, year-on-year (y-o-y), in February, the International Air Transport Association (IATA – the global representative body for the airline industry) has... 

Financial services provider Standard Bank has updated its group sustainable finance targets and aims to mobilise more than R450-billion by 2028 for energy and infrastructure development on the... 

JSE-listed packaging and paper producer Mondi has completed the acquisition of the Western Europe packaging assets of Schumacher Packaging. The deal effectively expands Mondi’s footprint and... 

Tourism promotion agency South African Tourism (SA Tourism), on March 31, launched its latest global brand campaign titled ‘South Africa Awaits – Come Find Your Joy!’ The agency describes the... 

Government officials from Botswana will meet with South Africa’s electricity ministry this week after power-import costs more than doubled, worsening a supply crisis. Breakdowns at Botswana’s main... 

Mozambique has started a process to review and modernise the southeast African nation’s legal framework for mining, oil and gas, the Ministry of Mineral Resources and Energy said Monday. The... 

Phildon Roux will step down as CEO of JSE-listed packaging producer Nampak with effect from September 30 and will be succeeded by Andrew Hood. To support a structured handover, Hood will take up... 

Weeks after the administration of US President Donald Trump gutted the country’s aid programs, cancelling billions of dollars of funding used to fight HIV in Africa, mining companies and South... 

JSE-listed Altron, celebrating 60 years of innovation, is calling for the rebuild of Johannesburg and reaffirming its commitment to the city’s future. The technology company, which is showcasing... 

Steel producer ArcelorMittal South Africa (AMSA) has announced that the wind down of its long steel business will be deferred for an initial period of at least six months, to August 31, after... 

Building and construction materials company Sephaku Cement achieved an after-tax profit of R42.6-million for the financial year ended December 31, 2024, compared with R41.9-million in 2023. Sales... 

Property investment company Liberty Two Degrees (L2D) has reported that it has delivered a robust performance for the 2024 financial year, demonstrating resilience amid persistent macroeconomic... 

The global representative body for the airline industry, the International Air Transport Association (IATA), has reported that global air cargo demand declined, year-on-year (y-o-y) in February,... 

Pan-African private equity firm Inspired Evolution has announced the final close of its Evolution III Fund, securing total commitments of $238-million. The company says this milestone marks the... 

South Africa recorded a preliminary trade balance surplus of R20.9-billion in February, attributable to exports of R164-billion and imports of R143.1-billion, inclusive of trade with Botswana,... 

JSE-listed real estate investment trust (Reit) Vukile Property Fund has reported that it has achieved a strong performance for the financial year ended March 31, underscoring its dealmaking... 

The Indy Autonomous Challenge (IAC) has set a new autonomous – in other words, there is no human in the car – driving world record at the Space Florida Launch and Landing Facility (LLF) at the... 

The High Court Gauteng Division has suspended the March 31 switch off of South Africa’s analogue frequencies pending a review of the shutdown date. This followed a two-part application brought by... 

JSE-listed chemicals group AECI will dispose of its wholly-owned water and process solutions subsidiary ImproChem Public Water business to a South African majority black-owned special purpose...