Township Retail Investment Summit 2024 held to highlight township retail potential

The Township Retail Investment Summit (TRIS) 2024 event, held at Alex Mall, in Gauteng, highlighted the rising importance of township retail as a key driver for the country’s economic future.... 

Massive increase in exploration funding needed in South Africa

The R400-million fund for exploration in South Africa established by the Industrial Development Corporation and the Department of Mineral Resources and Energy (which is being split into the... 

South Africa must grow its manganese processing capabilities to capitalise on resources

South Africa mines less than 2% of global manganese and the mineral is abundant, but processed and beneficiated manganese products are critical and in demand, especially as most of the world's... 

Miners worry about South Africa’s lagging transition, looming electricity cost increases

South Africa is far behind in its work to transition to a carbon-neutral energy system by 2050, and the significant proposed electricity tariff increases being sought by State-owned Eskom could... 

Kwikot launches smart geyser system that is powered by solar PV and grid electricity

Commercial and industrial geyser and boiler manufacturer Kwikot on September 18 launched its new Elon Smart Water heating system – a smart geyser system that uses solar PV-generated electricity... 

South African electricity sector’s migration to multimarket structure under way

South Africa's energy market was liberalising and evolving, with State efforts to establish a stable and effective framework and moving at pace on energy transition matters, along with... 

South African electricity sector’s migration to multimarket structure under way

South Africa's energy market was liberalising and evolving, with State efforts to establish a stable and effective framework and moving at pace on energy transition matters, along with... 

Mainstream Renewable reaches financial close on 50 MW solar PV plant

Wind and solar energy company Mainstream Renewable Power has reached financial close on its 50 MW Ilikwa solar PV plant. Construction of the plant, located in the Free State, has already started... 

South Africa nominates Bajabulile Tshabalala for AfDB president

South Africa’s Cabinet formally endorsed development finance institution the African Development Bank (AfDB) senior VP Bajabulile Swazi Tshabalala as its nominee for the role of president of the... 

Sugarcane farmers appeal for sugar tax repeal or moratorium on increases until 2030

Two South African sugarcane farming associations, the South African Cane Growers Association (SA Canegrowers) and the South African Farmers Development Association (Safda), have said they are... 

Gauteng province planning to convert six hostels into 2 000 family units – Kubayi

The Gauteng Department of Human Settlements is undertaking detailed planning for the eradication and conversion of six hostels owned by the provincial department to 2 000 family units, Human... 

Sanral's management of some provincial roads ensures lower costs for users – Creecy

Road users are benefiting from lower fuel and vehicle maintenance costs, as well as lower costs for the repair or replacement of vehicle parts and cargo damaged while driving on provincial roads... 

Transnet Academy forms railway education partnership with UCT, UP

The State-owned Transnet Academy has concluded a five-year partnership agreement with the University of Cape Town (UCT) and the University of Pretoria (UP), which will help it to enhance technical... 

South African delegates hear of Thailand's consistently adapted automotive support policy

Thailand has a national automotive industry policy committee, which includes private-sector and government representatives, that deliberates and then puts in place fixed-term incentives to drive... 

Nedbank, Standard Bank to be Land Bank AEF technical partners

State-owned agricultural development finance institution Land Bank has partnered with financial firms Avo Solar from Nedbank and Standard Bank Power Pulse as technical partners to support its Agro... 

Hybrid solar PV, battery system to halve Penflex' reliance on grid power

South African stationery and plastic products manufacturer Penflex will install a hybrid solar PV and battery energy storage system (BESS), which will halve its demand for electricity generated by... 

Woolworths launches in-store denim recycling initiative

Food and clothing retailer Woolworths has launched a Denim Drop-Off programme, which will result in donated denim being collected at designated clothing bins located at Woolworths fashion shop till... 

Schneider Electric, Harmony to upgrade Moab Khotsong Centre instrumentation workshop

Energy management and automation company Schneider Electric and gold mining company Harmony Gold have formed a strategic partnership to upgrade the instrumentation workshop of the Harmony Moab... 

Large-scale infrastructure concessions needed to drive logistics competitiveness

State-owned logistics agency Transnet has taken tentative steps towards limited engagement with the private sector, but there should be large-scale concessions of port and rail capacity to drive... 

Petrol, diesel prices to decrease by more than R1 a litre

Fuel prices are set to decrease on October 2, with the 93 octane petrol price to decrease by R1.06/ℓ and 95 octane petrol by R1.14/ℓ. Diesel with a sulphur content of 0.05% will decrease by R1.14/ℓ... 

Renergen plant resumes LNG production after completing scheduled maintenance

Liquefied natural gas (LNG) and helium company Renergen says its LNG Virginia plant, in the Free State, has resumed LNG production after yearly maintenance of the entire plant and the notified... 

CME calls for rapid energy infrastructure expansion to ensure reliable, cost-effective grid decarbonisation

The Chamber of Minerals and Energy of Western Australia (CME) says the rapid roll-out of transmission lines, wind generation and gas peaking plants will be key to the effective transition of the... 

Trigg acquires Spartan and Taylors Arm antimony projects in NSW

ASX-listed gold and base metals exploration and development company Trigg has signed a binding purchase agreement to acquire 100% of the ultra-high grade Spartan and Taylors Arm antimony projects... 

GIC raises R616m for public infrastructure development

Social infrastructure developer Gap Infrastructure Corporation (GIC) has successfully raised R616-million in private investment to accelerate the country’s social and public infrastructure... 

Wits to use Frankenwald sale proceeds for special endowment fund

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... 

IBM develops two new models for energy sector forecasting

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... 

Kwikot launches smart geyser powered by solar PV and grid power

Commercial and industrial geyser and boiler manufacturer Kwikot on September 18 launched its new Elon Smart Water heating system – a smart geyser system that uses solar PV-generated electricity... 

Phelan Green Energy signs agreement with Enercap for 1.5 GWh energy storage system

South African solar energy company Phelan Green Energy has signed an agreement with United Arab Emirates-based energy storage technology company Enercap for the deployment of a 1.5 GWh Supercap... 

Companies are reaping financial benefits from addressing carbon emissions

A quarter of companies worldwide across industries have managed to reduce their carbon footprint and make meaningful financial gains that benefit them and their employees, shareholders and... 

ARC Investments increases INAV a share by 8.5% on new investments, fair value gains

JSE-listed investment holding company African Rainbow Capital (ARC) Investments increased its intrinsic net asset value (INAV) per share by 8.5% to R12.38 a share during its financial year to the... 

SME confidence holds firm in the second quarter

Small and medium-sized enterprises (SMEs) have maintained their confidence in the future, despite persistent challenges and uncertainty, the SME Confidence Index for the second quarter shows. SMEs... 

Transnet, SAPS sign MoU to combat logistics network theft and vandalism

State-owned Transnet and the South African Police Service (SAPS) have signed a memorandum of understanding (MoU) to strengthen collaborative efforts between them in the fight against theft and... 

Review of dtic entities can boost business environment, says BLSA

Business Leadership South Africa (BLSA) is encouraged by the quick steps taken by new Trade, Industry and Competition Minister Parks Tau to engage with business to ensure open channels of... 

Manufacturing confidence holds steady amid persisting headwinds – Absa

Confidence levels among local manufacturers held steady at 28 points during the third quarter, driven mainly by their optimism regarding policy direction after a peaceful election and the formation... 

7 Parks Boulevard earns Green Star 6 star rating

Office development 7 Parks Boulevard, built by construction company Concor, has earned a Green Star 6 star rating in terms of the Green Building Council of South Africa’s Green Star-rating system.... 

South Africa set for massive changes as energy market pivots, renewable energy grows

South Africa will need about 150 GW of renewable-energy generation and associated transmission infrastructure by 2050, meaning it needs to build about 6 GW of renewable-energy capacity each year.... 

JDA appoints new board members

The Johannesburg Development Agency (JDA) has appointed a new chairperson Julias Maputla, new non-executive directors and new members of its independent audit committee. The new board members bring... 

Increase in chicken prices expected to ease in 2024, Absa's AgriTrends report shows

A stronger rand and robust growth in production by key global suppliers, such as Brazil, could see the average price of chicken products increase by just over 1% this year in some instances,... 

Notable surge in trade expectations in August – Sacci

The political broadening of governance has led to the encouragement of expectations in the trade environment, the South African Chamber of Commerce and Industry (Sacci) says. Although there remain... 

Major UIF service points to extend operating hours, open on Saturdays in Sept

Some Unemployment Insurance Fund (UIF) service points will be open on Saturdays and from 07:30 to 16:00 on weekdays to render services to clients and employers during September to cater for an...