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The Steel and Engineering Industries Federation of Southern Africa (SEIFSA) has expressed grave concern over ArcelorMittal South Africa’s (AMSA’s) decision to mothball its long-steel operations,...
Sub-Saharan Africa’s economic growth is expected to improve to an average 4.2% this year from an estimated 3.8% in 2024, boosted by investments in energy and infrastructure and an expanded services...
The Competition Tribunal has dismissed an interim relief application sought by Sekunjalo Investment Holdings and twenty-seven of its entities seeking an order to compel Nedbank to reinstate their...
The Department of Trade, Industry and Competition (dtic) says it intends to continue its engagements with ArcelorMittal South Africa (AMSA) “until a workable resolution to the problems faced by...
The Presidential Climate Commission (PCC) has appointed Blessing Manale acting executive director effective January 1 to February 24, following which Dorah Modise will continue in a permanent...
The International trade Administration of South Africa (Itac) has confirmed that it is undertaking a review of the steel tariff structure alongside surveillance of the upstream, midstream and...
South Africa must invest R200-billion to revive its frayed railways, half that amount again to upgrade water infrastructure, and tackle bottlenecks in both electricity and governance to achieve an...
In this opinion article, Alboricah Rathupetsane of Stellenbosch University's Centre for Sustainability Transitions argues that South Africa’s Transmission Development Plan presents an...
Following Transport Minister Barbara Creecy’s approval of the publishing of the Transnet network statement, which facilities open access to South Africa’s rail network by third-party operators, the...
The failure of a task team established to chart a survival strategy for ArcelorMittal South Africa’s (AMSA’s) Newcastle Works, in KwaZulu-Natal, culminated in the JSE-listed steel group notifying...
Steel producer ArcelorMittal South Africa (AMSA) has announced that it will close its long-products business in a move that will affect 3 500 direct and indirect jobs and which is likely to have...
Eskom Holdings’s risk premium is dwindling as a turnaround at South Africa’s State-owned electricity company gathers momentum. The extra yield investors demand to take on the risk of holding the...
President Cyril Ramaphosa on Thursday assented to the National Nuclear Regulator Amendment Bill, which provides for nuclear safety oversight, ranging from the decontamination of defence facilities...
South Africa is "still in the foothills of economic recovery" and, while external influences must still be skillfully navigated, the country's future economic performance will hinge mainly on...
Government has extended the deadline for registration of all spaza shops and other food-handling facilities to February 28, urging municipalities to still reserve capacity to assist those who will...
Mozambique's 2024 economic growth is likely to be revised down from a previous forecast of 4.3% due to post-election civil unrest and the impact of Cyclone Chido, a senior International Monetary...
Digital financial services group Nubank has invested $150-million in Singapore-based financial services firm Tyme's oversubscribed $250-million Series D capital raise, with Catalyst subscribing for...
Growth in South Africa cannot occur without underlying structural reforms and, to accelerate the implementation of structural reforms, effective collaboration between business, labour and...
South Africa's biggest e-commerce retailer, Takealot, has hired thousands of personal shoppers to help it penetrate townships and rural areas and fend off increased competition from global rivals,...
Industry trade association the Hot Dip Galvanizers Association Southern Africa (HDGASA) has called on government to start releasing gazetted infrastructure builds, streamlining independent power...
The South African Bureau of Standards (SABS) has denied a series of allegations of longstanding and ongoing corruption and mismanagement. In an open letter sent to Trade, Industry and Competition...
South Africa recorded foreign direct investment outflows of 3.2-billion rand ($179.87-million) in the third quarter, compared to inflows of 16.6-billion in the second quarter, central bank data...
Southern African Venture Capital and Private Equity Association (Savca) says South Africa’s private capital market has demonstrated remarkable resilience despite global economic challenges. The...
Development finance institution the African Development Bank Group and Italy’s national promotional institution Cassa Depositi e Prestiti (CDP) have signed a partnership framework agreement to set...
The George municipality, having received a Budget Facility for Infrastructure Funding (BFI) grant to the value of R1.1-billion from the National Treasury in the 2021/22 financial year, noted on its...
Sustainable waste management solutions company Interwaste contends that environmental stewardship and resource recovery remain integral in supporting South Africa’s water conservation requirements...
With the registration deadline looming for small businesses, spaza shops and other food-handling convenience stores, government warned owners that if they missed the registration window their...
South African food producer Premier Group has 1.1-billion rand ($60.91-million) available for acquisitions, it said on Tuesday, after reporting a 32.4% rise in interim profit. Already, the group,...
A South African court denied a bid by International Container Terminal Services Inc (ICTSI) to appeal a decision that temporarily stops the nation’s state-owned logistics firm from going ahead with...
HSBC and the World Bank's International Finance Corporation (IFC) will jointly provide funding to trade transactions valued at up to $1-billion, in a move to help fill a gap in financing for...
The selection of Pele Green Energy (PGE) to supply renewable energy to the South African ferrochrome smelters operated by the Glencore Merafe Venture represents an important milestone in the steady...
Payments technology company ACI Worldwide says in its 'Real-Time Payments: Economic Impact and Financial Inclusion' report that the contribution of real-time payments to South Africa's GDP is...
The families of two South Africans, Frik Potgieter and Peter Huxham, have again pleaded with the Equatorial Guinea government to release the men, who have been detained in the country for 670 days,...
JSE-listed African Rainbow Capital (ARC) Investments made some significant investments in its ARC Fund in the first quarter of its 2025 financial year, which ended on September 30. The company’s...
Electricity and Energy Minister Dr Kgosientsho Ramokgopa is in Japan this week in a bid to secure financial backing for flagship South African green-hydrogen projects in the Eastern and Northern...
A newly released report by technology and lifecycle solutions provider Wärtsilä shows that an area the size of Europe will need to be covered with renewable power to reach a clean energy future...
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