Eskom and Sasol have signed a memorandum of understanding (MoU) to jointly explore the potential to introduce liquified natural gas (LNG) to replace natural gas imports from southern Mozambique, which are currently set to decline sharply from...
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South Africa’s first interest-rate cut since 2020 quickly divided economists over how much further it will go after making a cautious 25 basis point start to the easing cycle, despite the Federal...
South Africa’s National Treasury said its “pool of skilled and competent officials” is sufficient to ensure that the work of the unit responsible for economic-growth enhancing structural reforms...
A plan to bring electricity to 300-million Africans by 2030, backed by an initial pledge of $30-billion from the World Bank and the African Development Bank, has begun to be implemented with an...
South Africa’s National Research Foundation (NRF), the AXA Research Fund (AXA), and the Future Earth Africa Hub have jointly announced the launch of a new scientific award for African researchers –...
The South African rand softened in early trade on Friday, cooling off after strong gains in a week that saw interest rate cuts by both the US Federal Reserve and the South African Reserve Bank...
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A video round up of this week’s magazine, highlighting our cover story, features and Business Leader.
Electricity and Energy Minister Dr Kgosientsho Ramokgopa has labelled a mooted increase in Eskom’s electricity tariff of 36% “untenable” and “unaffordable” and has promised to work on an outcome...
Civil rights organisation AfriForum says the National Energy Regulator of South Africa (Nersa) has applied to the Supreme Court of Appeal in the case related to its implementation of tariff hikes...
As the South African National Accreditation System (Sanas) hosts general assembly meetings of the African Accreditation Corporation (Afrac) this week, the organisations have reiterated their...
Of the R51.8-billion budget allocated to the Department of Defence and Military Veterans (DDMV) for the current financial year, R1.4-billion has been allocated to the Armaments Corporation of South...
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South Africa's central bank cut its main interest rate for the first time in more than four years on Thursday, as it said it saw inflation staying below the midpoint of its target range as far out...
Brazil-based global major aerospace and defence group Embraer has brought its biggest aircraft, the C-390 Millenium multirole airlifter, to Africa Aerospace and Defence (AAD) 2024. AAD 2024 is...
After moving upwards for three consecutive months, the newest Ctrack Transport and Freight Index (TFI) declined in June and July to reach a level of 119.8 in July – the lowest level since February....
The University of the Witwatersrand (Wits) says all proceeds from the sale of the Frankenwald Estate, in Gauteng, and the future sale of residential and commercial sites will be placed into a...
Information technology company IBM has developed two new interactive models for the United Nations Development Programme (UNDP) GeoHub, namely the artificial intelligence (AI) model Electricity...
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A video round up of this week’s magazine, highlighting our cover story, features and Business Leader.
China plans to impose carbon-trading compliance obligations on steel, aluminium, and cement producers next year as the country extends its carbon market beyond power utilities. About 1 500...
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Representatives of development finance institutions, private sector banks, mining companies, automotive manufacturers, and energy development organisations are increasingly urging South Africa Inc...
The current scepticism surrounding the prospects for green hydrogen in South Africa and globally is only natural. A gap was inevitably going to arise between what many have termed “hydrogen hype”...
Business Leader
This week we profile Cornelius Coetzee, country manager at Verto South Africa, whose mission is to simplify cross-border payments for companies doing business in Africa through access to its local...
A combination of external shocks and internal own goals has left South Africa in a low-growth trap. With the Government of National Unity now prioritising inclusive growth, organised business...
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