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Standard Bank has announced the close of a R567-million deal to fund Eswatini’s 13.5 MW Lower Maguduza hydropower project. The project was sponsored and developed by African Clean Energy...
President Cyril Ramaphosa can use his State of the Nation Address (SoNA), set to be delivered on February 6, to reinforce the fundamental commitment by different parties to find workable solutions...
JSE-listed fast-moving consumer goods producer Tiger Brands has reached an agreement with law firms Richard Spoor Incorporated (RSI) and LHL Attorneys for advance payments to be made to some...
Financial services firm Absa’s Purchasing Managers’ Index (PMI) declined by 0.9 points to 45.3 points in January – the third consecutive contraction and the lowest level since August 2024. This...
South Africa’s President Cyril Ramaphosa has issued a swift response to US President Donald Trump’s threat that aid from that country could be withdrawn, owing to his view that South Africa’s...
Telecommunications group Vodacom on Monday reported a stronger third quarter, with Group CEO Shameel Joosub saying that the results support the confidence of an overall stronger second half...
US President Donald Trump said on Sunday, without citing evidence, that "certain classes of people" in South Africa were being treated "very badly" and that he would cut off funding for the country...
Botswana’s government will develop new industries, dismantle the State power utility to foster private investment and increase concessional borrowing as part of a plan to diversify the...
After having operated South Africa’s electricity system without resorting to rotational power cuts for 310 days, Eskom declared Stage 3 loadshedding at 17:00 on January 31, after the loss of 3 600...
Eskom has confirmed that it is forecasting to make a full-year profit of more that R10-billion for 2024/25, having reported a R17-billion profit for the interim period, up from the R1.6-billion...
Networking and security company Cisco has announced that its Webex Calling and Webex Contact Centre cloud-based services have been made generally available in South Africa, and that it has launched...
Last year set a new record in air passenger demand, the International Air Transport Association (IATA) has reported. (IATA was the global representative body for the airline industry.) Total global...
Twelve African countries signed energy compacts during the Mission 300 Africa Energy Summit, held in Tanzania this week, signalling their intent to accelerate the pace of access to electricity and...
Finance company African Dawn Investments has entered into a strategic collaboration with Singapore company WaterCloud International and Chinese original-equipment manufacturer Beny New Energy to...
Clean chemistry company Mattiq has entered into a strategic partnership with precious metals company Heraeus Precious Metals to develop and commercialise advanced electrocatalyst materials for...
Eskom has announced that it will implement Stage 3 loadshedding from 17:00 on January 31, after warning earlier in the day that there was a high risk of loadshedding. “This is a potentially...
Since the opening of the 2024/25 filing season, 543 252 provisional taxpayers had filed their annual income tax returns for the 2024 tax year – a 4.76% increase from the 517 356 returns for the...
Food inflation has improved from 7.2% in January 2024 to 2.5% in December, compared with consumer price inflation that improved from 5.3% in January 2024 to 3% in December. Although food...
South African private higher education institution the Independent Institute of Education (IIE) has received full accreditation from the Engineering Council of South Africa (ECSA). The institute,...
Asset finance provider WesBank has called for greater adoption of mechanised farming as the sector grapples with multifaceted challenges including production costs, land and water scarcity,...
South Africa’s fast-growing global business services (GBS) sector created over 14 000 new jobs between January and September 2024, with 12 564 of those taken up by the country’s youth, Business...
Abu Dhabi sovereign investment company ADQ and metals and materials investment firm Orion Resource Partners have entered into an agreement to establish a new Abu Dhabi-based joint venture (JV) that...
The City of Johannesburg Environment & Infrastructure Services Department (EISD), through its Waste Management & Regulation Unit, secured first prize for its biogas project, as well as $10 000 and...
Day two of the twentieth annual McCloskey Southern African Coal Conference opened here on Friday with carbon emission reduction being highlighted as one of the coal industry’s key challenges....
The International Monetary Fund (IMF) expects South Africa’s yearly economic growth rate to reach 1.8% by 2030, supported in large part by ongoing electricity and logistics reforms. In the outcome...
The African Climate Foundation (ACF) and the Nelson Mandela School of Public Governance at the University of Cape Town, have established the Green Industrial Development Expert Panel (GIDEP). The...
Industry organisation the Steel and Engineering Industries Federation of Southern Africa (Seifsa) applauds the establishment of an Industrialisation Think Tank housed within the Department of...
Engineering News editor Terence Creamer discusses the background to power utility Eskom's MYPD6 tariff application to the National Energy Regulator of South Africa (Nersa); Nersa's decision; and...
JSE-listed packaging producer Nampak has completed the disposal of its Bevcan Nigeria business to Singapore-incorporated private company Alucan Investment after six months of due process and...
A video round up of this week’s magazine, highlighting our cover story, features and Business Leader.
When the Department of Transport (DoT) launched the Vala Zonke pothole reporting and repair programme nationwide in August 2022, it was widely seen as a positive sign of government’s taking...
The Airlines Association of Southern Africa (AASA) has again expressed frustration and concern about repeated failures in South Africa’s aviation infrastructure. It has pointed out that Airports...
The International Air Transport Association (IATA), which is the global representative body for the airline industry, has reported that 2024 was a record year for air cargo, beating the previous...
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