Eskom has appealed to the National Energy Regulator of South Africa (Nersa) not to again postpone the implementation of a new retail tariff plan (RTP), warning that any delay would further entrench prevailing incorrect price signals to consumers. However, this appeal came amid warnings that the...
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While original-equipment manufacturers such as Toyota South Africa Motors (TSAM) welcome more competition in the automotive market, CEO Andrew Kirby says the influx of Chinese-brand vehicle imports in the country is creating an unequal playing field in the market.
In his keynote address during...
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With power utility Eskom breaching 300 days without loadshedding, the national energy debate is likely to shift from availability to affordability, says Cape Town mayor Geordin Hill-Lewis. Addressing the Cape Town Press Club this week, he said “every, single MW” the city was buying from sources...
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City of Cape Town Mayor Geordin Hill-Lewis says his gut tells him that the Government of National Unity (GNU) will survive at least the next two years. Addressing the Cape Town Press Club this week, he said he was, however, unwilling to make any firm predictions on the future of the GNU beyond...
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The Independent Communications Authority of South Africa (Icasa) has approved transfer of control of Cell C’s relevant telecommunications licences to Blue Label subsidiary The Prepaid Company. This is a significant milestone for JSE-listed Blue Label and a crucial step in advancing its strategy...
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Over the past few months, South African bearings manufacturer Vesconite Bearings has experienced significant activity in the forklift parts market. With sales of about 4 500 parts in the last six months, the company has established itself as a reliable provider in the industry.
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Join Creamer Media Webinars on February 13 at 15:00 and start the year off strong with the first webinar in the ESG Africa Conference & Expo series for 2025 to discuss the challenges and opportunities of integrating sustainability reporting into the value chain.
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Promotion - Research Reports
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Creamer Media's ‘Construction 2024/25: Adapting to new realities’ report explores key aspects of the South African construction sector, offering a comprehensive overview of its challenges and opportunities.
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While South African natural gas and helium producer Renergen has faced a series of challenges that have impacted on its operations and financial standing in recent months, CEO Stefano Marani and COO Nick Mitchell have reiterated the company’s commitment to delivering on its promises to...
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In response to President Cyril Ramaphosa’s promulgation of the Expropriation Bill on January 23, industry body AgriSA maintains that the Bill poses a risk to private property rights, which is the primary basis on which domestic agriculture is structured.
The Bill facilitates the expropriation...
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Public Works and Infrastructure Deputy Minister Sihle Zikalala has welcomed the signing into law of the Expropriation Bill by President Cyril Ramaphosa. The legislation, signed into law on January 23, affirms the role of the State in appropriating land for socioeconomic development and for...
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Mining industry deliberates role in shaping climate and community resilience
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Sirius Real Estate, the owner and operator of business parks, offices and mixed-use workspaces in Germany and the UK, is celebrating a decade of successful listing on the JSE, and is eyeing further growth and acquisitions. At a commemoration of Sirius’ decade on the JSE, held at the exchange’s...
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Public investment organisation the Public Investment Corporation (PIC) has made a strategic investment in affordable rental housing company Divercity Urban Property Group to enable further growth in affordable housing by supporting Divercity's ambitions to develop an additional 2 500 rental...
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The Johannesburg Development Agency (JDA) has started with the Rivonia-Katherine Corridor road strengthening project, in Sandton. The project forms a vital component of the city’s Rea Vaya Phase 1C infrastructure rollout.
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South Africa must focus on fundamental local factors it can control to strengthen the economy and the Government of National Unity must act on the systemic issues in the economy, says investment firm Citadel portfolio manager Mike van der Westhuizen. “South Africa’s economic growth is expected to...
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Stellenbosch University’s (SU’s) Stellenbosch Business School has announced the appointment of its new senior director. He is Professor Chris van der Hoven and his appointment took effect on January 1. He has previously headed the executive development arm of the school, Stellenbosch Business...
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An expedition composed of 124 women from 24 countries, including South Africa, will depart from Ushuaia, Argentina, next Tuesday (January 28), to gain first-hand experience of the Antarctic. The women are all drawn from science, technology, engineering, mathematics and medical (STEMM)...
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Global economic organisation the World Economic Forum (WEF) will launch four new Centres for the Fourth Industrial Revolution (C4IR), including C4IR South Africa, which will be hosted at the University of Pretoria (UP). The centre will focus on the twin challenges of inclusive cross-industry...
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Global crude steel production for the 71 countries reporting to industry organisation World Steel Association (worldsteel) was 144.5-million tonnes in December, which is a 5.6% increase compared with December 2023. Africa produced 1.9-million tonnes in December, down 1% compared with December...
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Engineering News editor Terence Creamer discusses the announcement by ArcelorMittal South Africa that it will shut its longs division; the options available to government to salvage the business; and Itac's review of the scrap metal benefit and the overall steel tariff structure.
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R/$ = 18.4034 
Au 2770.14 $/oz 
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