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South African independent power producer (IPP) Mulilo has emerged as a leading battery storage project sponsor following three public procurement bidding rounds. It is participating in 12 of the 18...
The South African rand was steady in early trade on Monday, as markets awaited pivotal US-China trade talks set to take place later in the day that could ease tensions between the two nations. At...
The South African government has provided an update on the timelines for the launch of the inaugural procurement of independent transmission projects (ITPs), as well as additional insight into the...
South Africa’s Independent Power Producer Office (IPPO) has confirmed that it is undertaking a comprehensive review of the country’s public procurement framework for independent power producers...
The main contribution from the steel value chain to South Africa’s GDP comes from machinery and automotive production, along with the construction industry. From this standpoint, maximising the...
An inability to properly manage boilers, especially neglecting water treatment can lead to extensive operational issues, including decreased efficiency, increased energy consumption, safety hazards...
Steam generation and high-pressure piping solutions company Steinmüller Africa is leading the boiler erection initiative called Project Vuselela at multinational packaging and paper group Mondi’s...
Multinational dairy company Fonterra officially opened its first electrode boiler at its site in Edendale, New Zealand, last month, and further plans to progress decarbonisation at its...
Industrial equipment supplier BMG’s power transmission division recently launched a new generation of Fenner scraper chain – now manufactured in more durable, advanced materials to ensure the...
Agriculture Minister John Steenhuisen has outlined a new vision for the Department of Agriculture (DoA) since its split from other portfolios, which created a single dedicated department. In an...
In celebration of youth month, Johannesburg Mayor Dada Morero on Thursday launched the Joburg Bomb Squad (JBS), the City’s specialised unit that aims to tackle crime and enhance service delivery....
Global energy investment is set to increase to a record $3.3-trillion this year, despite headwinds from elevated geopolitical tensions and economic uncertainty, according to the International...
The South African rand was weaker in early trade on Thursday, ahead of local first-quarter current account data. At 0551 GMT the rand traded at 17.8425 against the dollar, about 0.2% weaker than...
The Department of Transport (DoT) reports that it received 162 formal responses to a request for information (RFI) launched by Minister Barbara Creecy in March to test the market appetite for...
Absa macro and fixed-income research head Jeff Gable thinks it is “ridiculous” that discussions are abounding about whether or not the US will boycott the 2025 G20 Summit later this year or not,...
The Rand Merchant Bank (RMB)/Bureau for Economic Research Business Confidence index (BCI) decreased by five points to 40 in the second quarter of the year, after the recovery that started in the...
UN Trade and Development (Unctad) has warned that the global ocean economy is under increasing pressure from environmental and international political shocks. This is of concern because of the...
Frontier economies, mostly located in Africa, would need to spend one-third of their GDP by 2030 to achieve renewable power generation goals under the Sustainable Development Goal (SDG) scenario,...
Finance Minister Enoch Godongwana said he is waiting for a report on the country’s inflation-targeting dispensation and he hasn’t decided whether it should be adjusted. “I do not have any views at...
South Africa needs faster economic growth and credible fiscal consolidation to secure its first credit rating upgrade in two decades, a senior S&P Global Ratings official said on Wednesday. At its...
South African business confidence fell in the second quarter of 2025, pressured by trade uncertainties due to US President Donald Trump's "Liberation Day" tariffs and local logistical constraints,...
South African business activity grew at its fastest pace in four years in May, driven by a robust increase in private sector output and improved customer confidence, a survey showed on Wednesday....
African countries should focus on developing liquid local debt markets in their home currencies to protect them from global volatility and fickle foreign investors, said Moody's global head of...
While defending the controversial launch of a R100-billion Transformation Fund, Trade, Industry and Competition Deputy Minister Zuko Godlimpi has also urged lawmakers not to view the proposed...
Excessively high beer taxation levels are driving consumers to support the illicit alcohol industry, a situation that needs to be rectified by lowering beer excise taxes as soon as possible, Beer...
A lower South African inflation target coupled with a revised borrowing strategy could save the government as much as R870-billion in debt-service costs, according to a research document published...
South Africa's GDP increased by 0.1% in the first quarter, following an increase of 0.4% in the fourth quarter of 2024. The agriculture, forestry and fishing industry increased by 15.8%,...
About 10 427 new jobs have been created in the business process outsourcing (BPO) sector during the past financial year, from April 2024 to March 2025, City of Cape Town Mayoral Committee Member...
The South African rand gained some ground against a weaker dollar in early trade on Monday, ahead of a purchasing managers' index (PMI) survey for the domestic manufacturing sector and vehicle...
The International Congress and Convention Association (ICCA) has ranked Cape Town as the world’s thirty-fifth most popular convention location for international associations, in its latest annual...
South Africa’s central bank chief has given the country’s local-currency bonds another reason to add to their market-leading returns. Investors are piling into the debt after South African Reserve...
Electricity trader Discovery Green has signed a power purchase agreement with Red Rocket that unlocks the second phase of the independent power producer’s (IPP’s) 150 MW Overberg Wind Farm, located...
Independent power producers (IPPs) Mulilo and Scatec have been named as preferred bidders to develop 616 MW/2 464 MWh of new battery storage capacity at a cost of R9.5-billion across five...
The South African rand held most of the previous day's gains in early trade on Friday, after the central bank stressed its strong preference for a lower inflation target at a monetary policy...
The ‘South African MSME Access to Finance 2025’ report has showed that there is insufficient, and insufficiently granular, data on lending to small businesses, and South Africa should align with...
Ahead of the South African government and the International Trade Centre hosting the first-ever Global Small and Medium-sized Enterprises (SME) Ministerial Meeting in July, Small Business...
South Africa's central bank cut its main interest rate by 25 basis points to 7.25% on Thursday, after inflation came in below its target range for a second consecutive month. The decision by the...
Independent political and economic advisory firm Private Clients director Dr Frans Cronje argued on Thursday that for South Africa to see a lift in the fixed investment rate, it should refine coal,...
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