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Africa’s biggest freight rail market is on the cusp of being transformed by private operators, the head of the operator of the continent’s largest rolling-stock fleet said. The South African...
South Africa’s start-up ecosystem is a thriving hub of innovative and talented entrepreneurs with a desire to scale, and in support of this, telecommunications group Telkom is providing five small,...
JSE- and A2X-listed real estate investment trust (Reit) Attacq has posted a higher distributable income per share (DIPS) of 36.9c for the six months ended December 31, 2023, compared with the DIPS...
After increasing somewhat in December, the Ctrack Transport and Freight Index (TFI) declined notably in January to a level of 119.3 – a drop of 2.1% compared with December’s 121.9. The extent of...
Real estate company Fortress Real Estate Investments says it successfully simplified its capital structure through the implementation of a single class of share, as well as achieved other...
While the gross domestic product (GDP) growth for the fourth quarter of 2023 was 0.1%, growth was negative in terms of GDP per capita, given that population growth is outpacing it. "We have been...
SMS group's digital package to be seamlessly integrated onto third-party systems Fully automatized order execution, tracking, handling and quality evaluation on pass level Fully configurable...
Process and optimisation technology company Metso has launched the first of its Concorde Cell high-intensity pneumatic flotation units in Africa through local manufacturing partner Betterect, which...
African Rainbow Minerals (ARM) executive chairperson Dr Patrice Motsepe said during Friday’s presentation of dividend-yielding results that his diversified mining company is committed to...
Business Unity South Africa president Mxolisi Mgojo reports that the collaboration between business and government to turn around the performance of Transnet could result in the struggling...
Minister of Public Enterprises, Pravin Gordhan, will retire after this year's general elections on May 29, he told Reuters on Friday. Gordhan oversees State entities including struggling power...
Engineering News editor Terence Creamer discusses the latest meeting held between senior business leaders and President Cyril Ramaphosa and his Cabinet; the feedback provided on efforts to tackle...
Following a takeover of Rely Precision Castings by a new group of shareholders, the company is undergoing a renewed market expansion drive with investment into technology, and development of a...
Global growth is expected to be subdued, if not stagnant, in 2024, and amid this slow growth and some challenging market conditions, global trade is also expected to be sluggish, says financial...
South Africa’s rail sector is faced with unprecedented challenges that threaten its operational viability and economic contribution, says law firm Webber Wentzel partner Scott Edmundson, who says...
The decline of South Africa’s mining industry must be vigorously arrested by giving the flagging sector a new ticket to ride. Bureaucratic hoops must be reduced to a minimum and critical minerals...
The Ctrack Transport and Freight Index (Ctrack TFI) forecasts “another year of fairly subdued growth for the transport sector”. This is based on the assumption of mediocre economic growth in South...
RSA.Aero aims to construct Cape Town’s second, big commercial airport.
Northam Platinum has implemented several capital preservation initiatives at the project.
The planned solar plant commissioning has been negatively impacted on by severe port and logistics constraints.
Infrastructure Fund chief investment officer Mohale Rakgate has reported that various strategic projects identified through government, and in previous Sustainable Infrastructure Development...
Ports and logistics group Grindrod is set to invest big in its Matola drybulk terminal in Mozambique. Announcing Grindrod’s financial results for the year ended December 31 on Thursday, CEO Xolani...
South Africa's current account deficit widened sharply in the fourth quarter of 2023 to 2.3% of gross domestic product (GDP) from a revised 0.5% of GDP in the third quarter, central bank data...
BMG hosted 30 SAPICS members at the end of last year, for a walkthrough of the BMG World distribution facility in Johannesburg. “BMG World - our 16 000 m² distribution facility - serves as a...
Government and business have set a goal of increasing South Africa’s electricity generation capacity by 10.6 GW by the end of 2025 as part of ongoing collaborative efforts to tackle growth-sapping...
Business organisation Business Unity South Africa’s (Busa’s) board of directors has appointed Khulekani Mathe to take over as Busa CEO in January 2025 when Cas Coovadia retires. Mathe was appointed...
The ongoing recall of peanut butter products has put the spotlight on reverse logistics, an often-neglected aspect of supply chain management, according to SAPICS (The Professional Body for Supply...
Australia’s Macro Metals on Wednesday announced the appointment of an experienced board with a dedicated focus of developing its Pilbara iron-ore portfolio, sending the company’s stock surging on...
South Africa’s food security is in the spotlight, with current weather conditions posing enough of a threat to farmers to cause a potential yield loss of their crops, following the heatwaves and...
South Africa’s consistently advancing mining investment company Menar has signed a memorandum of agreement with the government of Gabon. “We think that Gabon is one of the promising countries when...
Clean technology company Rock Tech has selected the former Norampac paper mill site in Red Rock as the location to develop Ontario’s first lithium refinery. Rock Tech, which is listed on the...
South African private sector activity expanded in February for the first time in six months as staffing and purchasing levels increased amid stronger confidence, a survey showed on Tuesday. The S&P...
By Carol Koech, Strategy Director, Sustainability & Thought Leadership – Schneider Electric International Operations The rapid expansion of data centres has created a high demand for skilled...
Trade credit insurance company Allianz Trade has released its latest ‘Global Insolvency Report’, unveiling updated forecasts for 2024 and 2025. According to Allianz, global insolvencies are set to...
JSE-listed diversified services, trading and distribution company Bidvest recorded an 8.8% year-on-year increase in revenue to R62.2-billion andan 11.8% increase in trading profit to R6.5-billion...
JSE-listed consumer goods group RCL Foods has posted a 48% year-on-year increase in earnings before interest, taxes, depreciation and amortisation (Ebitda) to R1.5-billion for the six months ended...
Once again policy inaction and government’s inability to commit to large-scale investment will lead to a new blow to energy availability in the economy, with the looming natural gas cliff from...
Logistics service provider Rhenus South Africa is expanding its warehousing capacities in South Africa. The company’s integrated warehousing services will be particularly focused on providing...
Air Liquide Large Industries South Africa (ALLISA) has appointed investment holding company Community Investment Holdings (CIH) as its local broad-based black economic empowerment (BBBEE) partner,...
National Treasury director-general Dr Duncan Pieterse says the reforms being proposed to facilitate greater private sector investment into infrastructure could obviate the need to introduce a...
Ivanhoe chairperson Robert Friedland has commented that Kamoa-Kakula continues to exceed expectations in terms of overall performance.
The South African steel sector is facing significant challenges, primarily because of oversupply, in addition to very little demand, coupled with economic constraints. Resolving these issues...
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