Seifsa, unions commit to addressing access to housing for sector employees

The Metal and Engineering Industries Bargaining Council (MEIBC) negotiations have concluded with a 7% wage increase over the next year for entry-level workers in the metals and engineering industry... 

Tshwane Automotive SEZ celebrates training of first cohort of youth

The Tshwane Automotive Special Economic Zone (TASEZ) on May 14 celebrated the first cohort of 526 local youths trained in safety, health, environment and quality to participate in different parts... 

Calgro M3 issues maiden dividend, posts robust results

Residential-focused property developer Calgro M3 has issued a maiden dividend of 9.49c a share after posting a record gross profit margin of 27.25% for the financial year ended February 29, and... 

Poultry association calls for vaccination to prevent H7N6 avian influenza outbreak

The South African poultry industry is calling for immediate intervention to avert an outbreak of the H7N6 strain of highly pathogenic avian influenza (HPAI) that it is grappling with, following a... 

Traxtion refurbishes, adds 5 Transnet class 39 locomotives to fleet of 60 in eight African countries

Private rail operator and services company Traxtion has refurbished five class 39 locomotives it bought from State-owned Transnet at its workshop in Rosslyn, Gauteng. This is part of its fleet... 

Logistics, NEVs in focus for next phase of automotive industry growth

Efficient logistics to move vehicles and automotive components up and down the value chain and adapting the local industry to new energy vehicles (NEVs) is crucial to shape the trajectory of the... 

South Africa to host twelfth Africa Aerospace and Defence exhibition in Sept

The Africa Aerospace and Defence (AAD) trade exhibition and air show will be held from September 18 to 22 at Air Force Base Waterkloof, under the theme of ‘Exploring new paths, sharing solutions,... 

61% of organisations report cloud security incidents, up from 24% a year ago

Cybersecurity firm Check Point Software Technologies' ‘2024 Cloud Security Report’ shows a critical surge in cloud security incidents, with 61% of organisations reporting significant disruptions,... 

Despite challenges, Zim business environment offers investment opportunities

Zimbabwe is undergoing change and aims to attract more companies to do business in the country, but risks and challenges remain for businesses aiming to capitalise on the opportunities in the... 

TNPA issues RfP for Cape Town port liquid bulk terminal

State-owned Transnet National Ports Authority (TNPA) has issued a request for proposals (RfP) for the appointment of a terminal operator to acquire, operate, maintain, refurbish or build and... 

Unlocking social and environmental benefits through tailings retreatment

The retreatment, or remining, of mine tailings can provide usable land, provide profits for companies and clean the environment by moving the reprocessed tailings to more advanced and well-managed... 

Unlocking social and environmental benefits through tailings retreatment

The retreatment, or remining, of mine tailings can provide usable land, provide profits for companies and clean the environment by moving the reprocessed tailings to more advanced and well-managed... 

April transactions index increase welcome, but investors wait and see

Financial infrastructure services company BankservAfrica's Economic Transactions Index (BETI) increased by 0.6% month-on-month in April to reach an index level of 134.2, which is the highest level... 

Absa launches non-banking subsidiary in China

Financial services firm Absa has launched a non-banking subsidiary in China to fortify the economic links between Africa and the Asian country. The office will operate under a wholly foreign owned... 

Engineering organisations, labour dept urge patience as cause of George building collapse awaits determination

Civil engineering and construction industry organisations the South African Institution of Civil Engineering (Saice), Consulting Engineers South Africa (CESA) and Master Builders South Africa... 

Zimbabwe aims to use FDI to develop a competitive economy by 2030

Zimbabwe held an investment conference on May 2 and 3 in South Africa during which its officials explained that the country of 16-million people wants to use local and international investments... 

New rail-focused logistics organisation launched

A new logistics industry body the Multimodal Inland Port Association (MIPA), formed by organisations in the transportation sector, has been launched to enhance logistics performance, reduce costs... 

Denel displays guided weapons, landward defence systems at Defence Service Asia

State-owned defence technology company Denel is displaying its guided weapons and landward defence systems at the Defence Service Asia (DSA) exhibition this week. Its Umkhonto surface-to-air... 

Ransomware payments increase 500% in past year, attack rate falls slightly

The average payment for ransomware attacks has increased by 500% in the past year to $2-million, up from $400 000 in 2023, cybersecurity firm Sophos reports in its 'State of Ransomware 2024'... 

Woolworths launches regenerative farming practices campaign

Retail company Woolworths has launched a Farming for the Future campaign, with the aim of encouraging farmers to implement regenerative farming practices. By partnering with farmers who adopt... 

Clean energy critical minerals can transform sub-Saharan Africa – IMF

Sub-Saharan Africa holds an estimated 30% of the world’s volume of proven critical mineral reserves and managing their use properly as part of the global transition to clean energy has the... 

Sacci, Sakeliga pay tribute to Dr Sam Motsuenyane

Business organisation the South African Chamber of Commerce and Industry (Sacci) has noted with sadness the passing of Dr Sam Motsuenyane, who “was a business leader par excellence”. "Motsuenyane... 

South African PGM miners overcoming challenges to build new mines

South African platinum group metal (PGM) miners are overcoming challenges and building new mines locally, albeit in phases, to derisk some of these promising tier-one projects. PGM mining industry... 

Reunert to merge two of its subsidiaries

JSE-listed electrical and electronic engineering group Reunert Group plans to merge its technology management and consulting firm IQbusiness and digital services firm +OneX subsidiaries into a... 

Changing business opportunities, challenges in Zimbabwe highlighted

Zimbabwe is undergoing change and aims to attract more companies to do business in the country, but risks and challenges remain for businesses aiming to capitalise on the opportunities in the... 

Debt transparency needed as opaque resource-backed loans hinder African development – Adesina

African countries will pay $74-billion in debt service payments this year, which is a sharp increase from $17-billion in 2010, and the continent's economic potential is being undermined by... 

Flanagan & Gerard, Vukile acquire Mthatha shopping centre for R800m

Retail property specialist company Flanagan & Gerard Property Group and JSE-listed real estate investment trust Vukile Property Fund have jointly acquired the BT Ngebs City regional shopping... 

TNPA issues RfP for Cape Town port liquid bulk terminal

State-owned Transnet National Ports Authority (TNPA) has issued a request for proposals (RfP) for the appointment of a terminal operator to acquire, operate, maintain, refurbish or build and... 

Cisco launches AI-powered Hypershield service to protect modern data centres

Networking and security multinational Cisco has launched its Hypershield service, which is a cloud-native, artificial intelligence- (AI-) powered approach to highly distributed security for... 

Africa needs to build more oil infrastructure

Africa's mid- and downstream oil products supply infrastructure is ageing and suffers from a lack of investment, outdated policy frameworks and insufficiencies in regional, national and urban... 

Balwin adds padel courts to Mall of Africa offering

JSE-listed real estate investment trusts Balwin and Attacq will open six new rooftop padel courts at the Mall of Africa in Waterfall City as demand for the lifestyle sport gains momentum. Four of... 

Gates Foundation, EIB launch capital for women entrepreneurs pilot in Kenya

Philanthropy organisation the Bill and Melinda Gates Foundation and development finance institution the European Investment Bank (EIB) have launched a €30-million microfinance programme for women... 

Elections highlighted as a concern for SME owners, but also promise change

Almost half, or 49%, of small and medium-sized enterprise (SME) business owners who responded to the Fourth Quarter 2023 SME Confidence Index by specialist SME financier Business Partners said they... 

South Africa seeks to secure global plastics pollution treaty by balancing competing interests – Creecy

South Africa will seek to secure a legally binding global plastics pollution and marine litter treaty in negotiations at upcoming global meetings by balancing competing demands, Forestry, Fisheries... 

Woolworths launches regenerative farming practices campaign

Retail company Woolworths has launched a Farming for the Future campaign, with the aim of encouraging farmers to implement regenerative farming practices. By partnering with farmers who adopt... 

Attacq’s Nexus 1 building achieves EDGE, Green Star certification

Real estate investment trust Attacq's Nexus 1 building, in Waterfall City, which also serves as its headquarters, has received Excellence in Design for Greater Efficiencies (EDGE) certification.... 

Companies unveil Kelvin power station carbon capture pilot project

The 600 MW coal-fired Kelvin power station, in Isando, Ekurhuleni, has installed a 300 m3/h flue gas emissions capturing pilot project, which removes carbon dioxide (CO₂), nitrogen oxides and... 

Uber launches service for 13- to 17-year-olds in South Africa

Digital mobility services company Uber has launched Uber Teen accounts in South Africa, which will enable youths aged 13 to 17 to hail rides, while their trips can be monitored and tracked with a... 

PGM miners overcoming challenges to build new mines

South African platinum group metal (PGM) miners are overcoming challenges and building new mines locally, albeit in phases, to derisk some of these promising tier-one projects. PGM mining industry... 

Reunert to merge IQbusiness, +OneX subsidiaries

JSE-listed electrical and electronic engineering group Reunert Group plans to merge its technology management and consulting firm IQbusiness and digital services firm +OneX subsidiaries into a...