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Pan-African infrastructure investor and multi-vehicle asset manager Africa50, on October 1 announced the appointment of Sérgio Pimenta as CEO of the Africa50 Infrastructure Acceleration Fund (IAF)....
The Johannesburg Chamber of Commerce and Industry (JCCI) will, on October 6, launch its digital platform for its member businesses, and all its services, including business training courses,...
While African financial institutions play an important role in driving sustainable development amid global challenges such as climate change, pollution and biodiversity loss, tackling climate and...
In a fitting start to transport month on October 1, event organiser Vuka Group mobility group director Ben Pullen opened the Smarter Mobility Africa conference by emphasising the importance of...
Having finally announced the completion at the end of September of its generation build programme, which included two mega coal projects that ran years behind schedule and tens of billions over...
Vukani Mngxati has been appointed CEO of Microsoft South Africa, effective October 1. His appointment builds on Microsoft’s more than three decades of partnership and investment in South Africa,...
The UK government has announced new projects to support the responsible development and use of AI across Africa, following the G20 ‘AI for Africa Initiative’, held in Cape Town. These initiatives,...
Cape Town’s Pura Beverage Company has secured a R260-million boost from a global investment firm to accelerate its growth ambitions in the $1.4-trillion global non-alcoholic beverage market. The...
Wojciech Kulma has been announced as chemical company BASF’s new MD in South Africa with immediate effect. The multinational company said on October 1 that this strategic leadership transition was...
The position of CEO of Sibanye-Stillwater is now officially taken up by Dr Richard Stewart, effective from Wednesday October 1, when former Public Investment Corporation (PIC) head of listed...
Angola’s competition authority has approved Newco’s proposed acquisition of Barloworld, fulfilling one of the key regulatory requirements for the transaction. Initially, the only remaining approval...
The seasonally adjusted Absa Purchasing Managers’ Index (PMI) increased by 2.7 points to 52.2 points in September, returning to expansionary territory for the second time this year. Absa also...
South Africa's tax authority is lagging behind projections required to secure an additional R35-billion in revenue, data from the National Treasury revealed, though it is on track to meet its...
The lapse of a flagship US trade initiative with Africa that expired overnight is putting scores of businesses on the continent and hundreds of thousands of jobs at risk, raising fears that even a...
Eskom CFO Calib Cassim warns that municipal arrear debt owing to Eskom could exceed R300-billion by 2030, while once again highlighting the failure of the current National Treasury initiative to...
JSE-listed real estate investment trust Redefine Properties has been awarded three new Net Zero Carbon Level 2: Building and Occupant Emissions (Measured) certifications by nonprofit the Green...
Eskom has announced a stay in its legal action to have the regulator’s decision to licence five electricity traders in 2024 reviewed and set aside. In July, Eskom launched its long-threatened legal...
The South African National Petroleum Company (SANPC) believes that the country has to develop its hydrocarbon resources, while not destroying the environment. So averred SANPC CEO Godfrey Moagi,...
Eskom CEO Dan Marokane reports that the State-owned company is being geared towards receiving no more than single-digit tariff increases in future in recognition of the affordability pressures...
Private sector initiative the Port of Gauteng has released a White Paper to mark the start of Transport Month, setting out a plan aimed at addressing the inefficiencies in South Africa’s freight...
Renewable energy project developer Sungrow will build a 233 MW solar PV plant in the Democratic Republic of Congo (DRC) for commercial and industry energy investment company CrossBoundary Energy,...
The Civil Confidence Index compiled by FNB and the Bureau for Economic Research has increased to a level of 43 in the third quarter of the year from 41 in the second quarter and 45 in the first...
JSE-listed Emira Property Fund is on track to achieve its objectives for the full 2026 financial year, the company highlights in a pre-close operational update for the four months ended July 31...
The Bureau for Food and Agricultural Policy (BFAP) finds in its latest trade brief that South Africa’s agricultural exports increased by 8% in the second quarter, compared with the second quarter...
Discovery’s renewable-energy business Discovery Green has signed a 20-year power purchase agreement (PPA) with independent power producer Red Rocket for the Tournee solar park, a 300 MW solar farm...
JSE-listed lumber and agriculture company York Timber’s revenue for the year ended June 30 increased by 14% year-on-year to R1 995-million. Adjusted earnings before interest, taxes, depreciation...
South Africa's trade minister Parks Tau said he was optimistic that the United States' flagship trade initiative with Africa, which expires later on Tuesday, would be renewed. Tau's office said in...
JSE-listed ASP Isotopes has announced that, effective October 1, Paul Mann, the founder, chairperson and CEO of ASP Isotopes, will become executive chairperson of ASP Isotopes and will be taking a...
South Africa and Switzerland have formed the Swiss–South Africa Innovation Partnership Programme – a multiyear initiative designed to accelerate research-based innovation, inbound technology...
Sustainable Power Solutions (SPS), in partnership with B2Gold Namibia, the Oelofse family and Fortitude, have commissioned Namibia’s first solar wheeling project under NamPower’s Modified Single...
Western Cape Premier Alan Winde has returned from a visit to the US, where he held talks with government and private sector stakeholders in Washington DC, Atlanta and New York City. The US has been...
State-owned power utility Eskom reported its first full‑year profit in eight years on Tuesday, helped by government debt relief, higher tariffs and a sharp reduction in power cuts. The company's...
In Africa, 600-million people lack access to electricity, despite global energy poverty having decreased by about 80% since 2010. By providing electricity access to 300-million of those Africans...
UK development finance institution British International Investment (BII) has committed $20-million to impact investment organisation Acumen’s Hardest-to-Reach (H2R) Initiative to help expand...
Eskom chairperson Mteto Nyati says the next mission of the board is to drive electricity affordability in a way that ensures that future electricity tariff increases do not exceed the rate of...
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