PPC rehabilitates boreholes for Madibeng villages

Construction materials company PPC has rehabilitated nine boreholes in Madibeng, in the North West, and handed them over to the Madibeng municipality. This project forms part of the cement maker’s... 

Sibanye supports ICMM Water Stewardship Maturity Framework

Diversified mining company Sibanye-Stillwater has welcomed and expressed its support for global leadership body the ICMM’s Water Stewardship Maturity Framework, which is a practical tool for all... 

16.82 MW rooftop solar project to be built on IWC mega-warehouse in Ghana

Ghanaian conglomerate company LMI Holdings, through its subsidiary Helios Solar Company, is building a 16.82 MW solar rooftop power system on its logistics subsidiary IWC's mega-warehouse, which is... 

CGCSA registered as producer responsibility organisation

Industry association the Consumer Goods Council of South Africa (CGCSA) has been registered as a producer responsibility organisation (PRO), which will enable it to coordinate efforts by its... 

Increase in reporting of environmental crimes, DFFE reports

The 2022/23 financial year saw a 52% rise in the number of complaints reported through various channels to the national, provincial and municipal departments, as well as to State-owned entities,... 

Schneider Electric completes EcoAct acquisition

Electrical automation and equipment company Schneider Electric has finalised the acquisition of climate consulting and solutions company EcoAct, which is headquartered in Paris, France. The... 

DBSA, UCLG Africa establish African cities special purpose financing vehicle

Development finance institution the Development Bank of Southern Africa (DBSA) and African local government organisation United Cities and Local Governments of Africa (UCLG Africa) have committed... 

Economic transactions index continued its decline in November

Payments infrastructure company BankservAfrica's Economic Transactions Index (BETI) reached 130.4 in November, which is the exact same figure as November 2022, slipping from the level of 130.8... 

Consortium appointed to develop Mozambique hydropower project

A consortium comprising of energy companies EDF, TotalEnergies and Sumitomo Corporation, has been selected as the strategic partner by the government of Mozambique and has entered into a joint... 

Cape Town Container Terminal receives seven additional gantry cranes

The Cape Town Container Terminal (CTCT) took delivery of seven pre-used rubber-tyred gantry cranes (RTGs) on December 11. The acquisition of the RTGs is part of State-owned Transnet Port Terminals’... 

Growthpoint lets first two of six Arterial Industrial Estate units in Phase 1

JSE-listed real estate investment trust Growthpoint Properties has let the first two of six units in Phase 1 of its Arterial Industrial Estate development, in Cape Town, to paints and coatings... 

Schneider appoints Anglophone Africa Industry and Segment VP

Electricity management and equipment company Schneider Electric has appointed Christophe Begat as Anglophone Africa Industry and Segment VP. Begat has been at the helm of the company’s operations... 

Nedbank acquires Eqstra to boost fleet management

Financial services firm Nedbank Group has entered into an agreement to acquire 100% of the issued share capital of fleet management solutions provider Eqstra Investment, subject to regulatory... 

Transnet issues South Dunes liquid bulk and green fuels terminal RFP

The State-owned Transnet National Ports Authority (TNPA) has issued a request for proposals (RFP) for the appointment of suitable terminal operator to fund, design, develop, operate, maintain and... 

Scatec's Kenhardt project starts producing electricity for the national grid

Renewable energy company Scatec's Kenhardt hybrid solar and battery storage project has officially started producing and supplying electricity to the national grid from its three plants in the... 

Itac recommends maintaining duties on clear float glass unframed glass mirrors from Indonesia

The International Trade Administration Commission of South Africa (Itac) has recommended maintaining the anti-dumping duties on clear float glass and unframed glass mirrors originating in or... 

Global trade to contract 5% this year

The United Nations Conference on Trade and Development (Unctad), in its December 2023 ‘Global Trade Update’, says global trade in goods will decline by about $2-trillion this year, but trade in... 

SITA appoints acting MD as Mabaso steps down

The South Africa State Information Technology Agency (SITA) MD Dr Bongani Mabaso has asked to be released early from his five-year contract to pursue his interests elsewhere. The SITA board has... 

Second iteration of just transition project framework completed

Nonprofit economic research institution Trade and Industrial Policy Strategies (TIPS) has developed the second iteration of its framework to identify and measure just transition projects in South... 

16 innovators shortlisted for 2024 Africa Prize for Engineering Innovation

The UK Royal Academy of Engineering has announced the 16 shortlisted innovators from eight countries for the tenth Africa Prize for Engineering Innovation. Some of the shortlisted innovations for... 

Airbus, BMW Group open submissions for transport quantum computing challenge

Aerospace company Airbus and automotive manufacturer BMW Group have launched the global Quantum Computing Challenge, seeking candidates to develop a solution to mobility challenges, such as... 

Three Itac commissioners reappointed until 2028

Three International Trade Administration Commission of South Africa (Itac) commissioners Phozisa Mbiko, Wandile Sihlobo and Etienne Vlok, have been reappointed by President Cyril Ramaphosa as... 

Hydrogen electrolyser capacity seen increasing by 143% over next two years

Global hydrogen electrolyser supply capacity is expected to increase by 143% over the next two years, after having increased by 103% from 2022 to 2023, the ‘Hydrogen Electrolyser Supplier’ report,... 

New Absa Chair in Future Energy at Wits will host energy modelling lab

Financial services firm Absa, in collaboration with the University of the Witwatersrand (Wits) Business School (WBS), has sponsored the newly formed Absa Chair in Future Energy. It will house a... 

AI can help humanity, but data and computing needed to enable its use

A specially trained neural network artificial intelligence (AI) system can use the signal from an electroencephalogram to detect epilepsy symptoms with a 90% accuracy, can work constantly and its... 

BankservAfrica to handle UnionPay International's local card processing, service channels

Card payments company UnionPay International has appointed automated clearing house BankservAfrica as the domestic processor for all of UnionPay's card issuing and acquiring services across its... 

Dutoit Group family business celebrates 130 years of fresh produce

Agricultural investment company Dutoit Group is celebrating its 130th anniversary. The group was started in 1893 by Gysbertus du Toit planting the first fruit trees on Kromfontein Farm, in the... 

South African companies face challenges to compete globally, digital innovation index shows

South African companies face tremendous challenges to compete on the global market, while simultaneously addressing local socioeconomic inequalities and nurturing nationwide prosperity, amid global... 

CESA elects David Leukes as president

Industry association Consulting Engineers South Africa (CESA) has elected David Leukes as its new president, and Knight Piésold Africa regional manager Vishal Haripersad as VP. Leukes has served as... 

Metair CEO resigns, Ford Project component volumes meet expectations

JSE-listed energy storage and automotive components manufacturer Metair has announced that Sjoerd Douwenga has decided to resign as CEO and executive director with effect from January 31. Douwenga... 

NRF appoints Dr Thandi Mgwebi as business advancement group executive

The National Research Foundation (NRF) has appointed Dr Thandi Mgwebi as its business advancement group executive, with effect from February 1, 2024. She re-joins the NRF to assume the role. Over... 

Boeing appoints Henok Teferra Shawl as MD for Africa

Aerospace company Boeing has appointed Henok Teferra Shawl as MD for Boeing Africa to strengthen the company's operations and relationships across the African continent. In his new role, Teferra... 

Civil Confidence Index declines to 41 points, despite increase in construction activity

The FNB/Bureau of Economic Research Civil Confidence Index declined to 41 in the fourth quarter, despite activity, profitability and tender competition data being more positive, and confidence is... 

RCL Foods, SASA launch court bid to defer Tongaat business rescue plan vote

JSE-listed food manufacturer RCL Foods and sugar industry organisation the South African Sugar Association (SASA) on December 5 launched urgent applications at the Durban High Court to prevent the... 

Environmental leaders call for withdrawal of National Petroleum Company Bill

Five leaders of environmental organisations have, in an open letter to President Cyril Ramaphosa, called on government to immediately withdraw the National Petroleum Company Bill in addition to... 

Nashua Kopano launches non-line-of-sight fixed wireless solution

Workspace solutions company Nashua Kopano has launched its fixed wireless technology solution called Hypersync that is designed for organisations located on sites without a clear line of sight to... 

Court rules Tongaat, Gledhow must pay R1.5bn in sugar industry agreement fees

Durban High Court judge Rashid Vahed on December 4 ruled that the Sugar Industry Agreement creates statutory, not contractual, obligations that are not overridden by the business rescue process... 

Nampak making progress on R2.7bn disposals; records billions in forex, impairment losses

JSE-listed packaging company Nampak recorded a 2% year-on-year decrease in revenue to R16.6-billion for the financial year ended September 30, while trading profit increased by 2% to R1.6-billion.... 

Global economic growth for 2024 to be muted

The global economy is expected to remain weak in 2024, but inflation is likely to gradually decrease, and rate cuts may be on the cards in the second half of the year economic forecasting and... 

Tiger Brands increases revenue, exports volume growth offset by domestic volume decline

JSE-listed food and packaged goods company Tiger Brands increased revenue by 10% to R37.4-billion, driven by price inflation of 11%, favourable foreign exchange gains of 1% and marginal overall...