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Infrastructure financier the Africa Finance Corporation (AFC) and sustainable mobility company Alstom have signed a memorandum of understanding to propel the development of the Kinshasa MetroKin...
Investment organisation the European Investment Bank (EIB) Global has invested €25-million into pan-African fund Amethis Fund III, which aims to provide private equity growth capital to...
The yearly $1.9-trillion being invested currently on clean energy would have to more than double and be more evenly distributed to place the world on track to meet net-zero emissions by 2050, a new...
South Africa’s central bank is set to leave interest rates unchanged, staying the course in the inflation fight amid political uncertainty one day after the country’s tightest election in 30 years....
The South African rand strengthened a day before a national election on Wednesday which could see the ruling party lose its majority for the first time in 30 years. At 1605 GMT, the rand traded at...
The South African rand was stable in early trading on Tuesday, against a weaker dollar and ahead of a national election on Wednesday which could see the ruling party lose its majority for the first...
China's flagship economic cooperation program is bouncing back after a lull during the global pandemic, with Africa a primary focus, according to a Reuters analysis of lending, investment and trade...
The Presidential Climate Commission (PCC) is currently assessing the impact of South Africa’s decision to delay the decommissioning of the Hendrina, Grootvlei and Camden coal-fired power stations...
S&P Global Ratings said it is closely monitoring the outcome of South Africa’s elections next week and subsequent government policies to address issues from crime to energy supply that have...
The National Energy Regulator of South Africa (Nersa) reports that it registered a further 105 generation facilities during the period from January to March 2024, raising to 1 415 the number of...
Trade, Industry and Competition Minister Ebrahim Patel has announced that he will conclude his service in Cabinet after next week's election. “I wish to thank the President [Cyril Ramaphosa] and...
The Southern African - German Chamber of Commerce and Industry (SAGCC) highlights that the development of many countries in Southern Africa is linked to the mining sector. The organisation asserts...
With the trusted legacy of more than 150 years of Siemens engineering expertise, Innomotics is the backbone of reliable motion for industries and infrastructure worldwide. Amid the increased...
JSE-listed multidisciplinary construction group Stefanutti Stocks has reported an improvement in contract revenue to R7.1-billion for the 12 months ended February 29, up from R6.1-billion in the...
The Department of Mineral Resources and Energy (DMRE) had been running a five-year Energy Sector Women Empowerment Strategy since 2021, pointed out DMRE deputy director-general Hilda Mhlongo on...
Gas has an important role to play in South Africa’s energy transition journey, Kearney partner Prashaen Reddy says amid calls for public comments on a draft Gas Master Plan, which was released for...
South Africa is considering lodging a formal complaint at the World Trade Organization against the European Union's "protectionist" carbon border levy, Trade Minister Ebrahim Patel said on...
The Presidency does not anticipate that Eskom’s move to reserve scarce grid capacity for independent power producers (IPPs) participating in public procurement bidding rounds will disrupt the more...
Africa has major opportunities for green economic development and could become a world-leader in it, UN Development Programme (UNDP) Regional Service Centre for Africa director Dr Matthias Naab...
South Africa’s Department of Home Affairs refiled long-awaited changes to its work-permit regime to allow for the creation of a so-called nomad visa for remote workers. The May 20 gazetting of the...
Small, medium-sized and microenterprises (SMMEs) in the country are grappling with various challenges, including a lack of coordination between the public and private sectors, insufficient...
The Eswatini government has, through Absa Bank, recently issued a R4-billion bond programme on the JSE's debt board. This new issuance is the latest bond to list under the Protea Bonds segment,...
A majority of African economies, or 83%, are highly commodity-dependent and are vulnerable to external shocks, experiencing good growth when commodity prices are high, but seeing growth reversal...
Zimbabwe has asked gold miners across the country to ramp up output to support the ZiG currency launched last month, according to Mines and Mining Development Minister Winston Chitando. “This new...
The Gauteng provincial government (GPG) has reported a “substantial impact” on criminal activities across the province has been achieved 100 days into the rollout of its surveillance project, which...
Branded food services franchisor Famous Brands has reported an 8% increase in revenue to R8-billion for the financial year ended February 29, although a 6% decrease in profit to R812-million and a...
Newly formed electricity trader Apollo Africa reports that it is experiencing strong demand from potential customers for the renewable electricity that will be produced from the grid-ready 210 MW...
The National Council of Provinces (NCOP) has approved the Electricity Regulation Amendment (ERA) Bill, which has far-reaching implications for the future structure and operation of an electricity...
Civil society organisations and political parties are threatening legal action following Wednesday’s controversial signing of the National Health Insurance Bill. President Cyril Ramaphosa, who...
Prescient Investment Management has approved R324-million in equity finance to support black-owned investment company Reatile acquire a 31.5% stake in a 240 MW Free State solar PV project. The...
President Cyril Ramaphosa acknowledged the fear that his signing of the National Health Insurance (NHI) Bill into law had generated in and address during a signing ceremony held at the Union...
Nonprofit monitoring organisation Corruption Watch (CW) has confirmed in its latest report that there are significant concerns about the impact of corruption in the country, particularly a marked...
Mounting price pressures from the resurgence of the dollar, foreign-currency crunches and adverse weather conditions are set to lead to delayed and shallower interest-rate cuts for African central...
Real estate investment trust Equites Property Fund has reported sustained growth in its rental portfolio over the past few years and expects this trend to continue. In its results presentation for...
Business Leadership South Africa (BLSA) has again expressed concern about the National Health Insurance (NHI) Bill on the eve of its planned promulgation by President Cyril Ramaphosa’s. Signing the...
The head of energy at the South African Local Government Association (Salga) has called for a review of both the size of the free basic electricity (FBE) allocation as well as the way the grant is...
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