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Trade, Industry and Competition Minister Ebrahim Patel
South African auto sector to produce first EVs in 2026, says Patel at launch of key White Paper
4th December 2023 By: Tasneem Bulbulia

The Department of Trade, Industry and Competition (dtic) on December 4 released the Electric Vehicles (EV) White Paper, as well as the Green Hydrogen Commercialisation Strategy final report.... 


The Durban Container Terminal
TNPA seeks bidders for big berth expansion at congested Durban terminal
4th December 2023 By: Terence Creamer

The Transnet National Ports Authority (TNPA) has issued a tender for the reconstruction, deepening and lengthening of three berths at the Pier 2 North Quay of the currently congested Durban... 


Nampak making progress on R2.7bn disposals; records billions in forex, impairment losses
4th December 2023 By: Schalk Burger

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.... 


Image of MTN South Africa CEO Charles Molapisi
MTN South Africa takes new AI step as it launches chatbot
4th December 2023 By: Natasha Odendaal

Telecommunications group MTN South Africa has unveiled its internally-launched employee Artificial Intelligence- (AI-) driven chatbot, which will ultimately redefine customer engagement and set new... 


Mastercard Southern Africa country manager Gabriel Swanepoel, Bidvest Financial Services CEO Hannah Sadiki and Bidvest Bank CFO Tendani Sikhwivhilu
Bidvest Bank, Mastercard team up to provide international remittance service
4th December 2023 By: Darren Parker

Global payment technology company Mastercard has partnered with financial services provider Bidvest Bank to provide a solution called Bidvest Bank BidSend that allows customers to send... 


Global nuclear energy summit announced for early next year
4th December 2023 By: Rebecca Campbell

The intergovernmental International Atomic Energy Agency’s (IAEA’s) director-general, Rafael Mariano Grossi, French President Emmanuel Macron, and Belgian Prime Minister Alexander De Croo have... 


The Koeberg nuclear power station
Both Koeberg units to be offline from July unless NNR approves Eskom’s licence decoupling request in Jan
4th December 2023 By: Terence Creamer

The National Nuclear Regulator (NNR) will decide in January whether to grant Eskom’s request for the Koeberg Unit 1 and Unit 2 licences to be separated to reflect a later commercial operation date... 


Sappi's Saiccor Mill
Sappi gains verification for high social, labour initiatives at Saiccor Mill
4th December 2023 By: Marleny Arnoldi

JSE-listed paper and packaging manufacturer Sappi has completed a verification of the Higg Facility Social and Labour Module (FSLM) at its Saiccor Mill in South Africa, achieving a final score of... 


Omnia CEO Seelan Gobalsamy
Omnia's Gobalsamy joins the International Fertilizer Association board
4th December 2023 By: Creamer Media Reporter

Global complementary chemical services company Omnia Group's CEO Seelan Gobalsamy has been appointed to the board of the International Fertilizer Association (IFA). The IFA has over 450 members... 


EIB, Bank of Kigali to develop €100m fund for climate fund adaptation for farmers
4th December 2023 By: Tasneem Bulbulia

The European Investment Bank (EIB) and the Bank of Kigali on December 2 confirmed that they are developing a new targeted sustainable agriculture financing initiative, the first climate resilience... 


MMC in Mpumalanga.
Mpumalanga battery manganese aspirant hoping for IDC co-investment
4th December 2023 By: Martin Creamer

Canada-headquartered Giyani Metals, which operates in Botswana, has secured $16-million in financing from South Africa’s Industrial Development Corporation (IDC) to advance a battery-grade... 


Airlink has upgraded its Johannesburg – Richards Bay service
4th December 2023 By: Rebecca Campbell

South African regional and domestic airline Airlink has announced that it has significantly upgraded its service on its Johannesburg-Richards Bay route, with effect from Monday. Previously operated... 


Wesgro CEO and CTAA official spokesperson Wrenelle Stander
Campaign launched to promote tourism to George, the Garden Route and Klein Karoo
4th December 2023 By: Rebecca Campbell

Inter-agency and public private partnership Cape Town and Western Cape air connectivity initiative Cape Town Air Access (CTAA) has announced it is partnering with Cape Town-based and leading... 


scientists researching natural hydrogen
UP scientists lead study of natural hydrogen find in Mpumalanga
4th December 2023 By: Darren Parker

Scientists at the University of Pretoria (UP) are leading a study of natural hydrogen gas discovered beneath the Earth’s surface in Mpumalanga.   The gas could be a source of renewable energy that... 


SAAFF CEO Dr Juanita Maree
SAAFF welcomes R47bn facility guarantee for Transnet's recovery
4th December 2023 By: Darren Parker

The South African Association of Freight Forwarders (SAAFF) says the R47-billion facility guarantee extended to Transnet, as announced by the government on December 1, is welcome as it may indeed... 


Image of President Cyril Ramaphosa
Ramaphosa concerned developed countries not meeting climate funding obligations
4th December 2023 By: Sane Dhlamini

President Cyril Ramaphosa has expressed concern that the developed economies are still not meeting their obligations to support developing countries with the finance, technology and capacity... 


BLSA says SOE audits remain cause for concern this year
4th December 2023 By: Marleny Arnoldi

While national and provincial government has made strides in improving financial management, there is also a concerning increase in entities that simply do not complete audits, says Business... 


naamsa warns port, rail challenges will negatively impact on South Africa's automotive sector
1st December 2023 By: Creamer Media Reporter

Industry organisation naamsa | The Automotive Business Council says the current logistical challenges at South Africa's ports and across the entire freight rail network in the country are impacting... 


Global economic growth for 2024 to be muted
1st December 2023 By: Schalk Burger

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... 


Curtailment framework submitted to Nersa as new deadline is set for restart of IPP procurement
Curtailment framework submitted to Nersa as new deadline is set for restart of IPP procurement
1st December 2023 By: Terence Creamer

Eskom has confirmed that it has delivered a curtailment framework, as well as its proposed Gated Generator Connection Process (GGCP) to the National Energy Regulator of South Africa (Nersa) for... 


Charles Dos Santos to succeed Rob Richardson as Air Products South Africa MD
1st December 2023 By: Tasneem Bulbulia

Air Products South Africa has announced that Charles Dos Santos will succeed Rob Richardson as MD with effect from February 1, 2024. Richardson has led the company since 2016 but has announced his... 


An image showing the Port of Durban
TNPA bolsters interventions at Port of Durban to expedite recovery
1st December 2023 By: Tasneem Bulbulia

Transnet National Ports Authority (TNPA) is assisting terminal operators with implementing the container recovery plan more easily at the Port of Durban by providing a 24-hour helicopter services... 


Mining's net fixed capital formation, shown in blue, must be boosted.
Greenfield investment lagging badly, mining’s contribution to economy halved
1st December 2023 By: Martin Creamer

The growth of investment in fresh new greenfield mining projects is lagging badly and the contribution of the South African mining industry to the national economy has more than halved in the last... 


Boegoebaai greenfield site
Sasol appoints adviser to search for Boegoebaai hydrogen export hub coinvestors
1st December 2023 By: Terence Creamer

A financial adviser has been appointed to assist Sasol in a search for potential coinvestors into a green hydrogen and ammonia export hub at Boegoebaai, in the Northern Cape, following the... 


Seifsa president Elias Monage
Opinion: The collapse of the Steel Master Plan and disintegration of industry
1st December 2023

In this opinion article, Steel and Engineering Industries Federation of Southern Africa (Seifsa) president Elias Monage writes about the importance of the steel industry and the challenges the... 


Inside a Tiger Brands factory
Tiger Brands increases revenue, exports volume growth offset by domestic volume decline
1st December 2023 By: Schalk Burger

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... 


Quantum Foods swings to loss on bird flu, power cuts
1st December 2023 By: Reuters

South African poultry producer Quantum Foods on Friday reported a R35-million rand loss in the year to end-September, after the country's worst bird flu outbreak decimated its chicken flock and... 


Factory manager outlook worst since Covid lockdown
1st December 2023 By: Bloomberg

Factory managers in South Africa are the most pessimistic they’ve been about the outlook for business conditions since the strictest months of a Covid-19 lockdown three years ago, amid continuing... 


The Natref refinery
TotalEnergies to sell stake in Natref refinery to Prax Group
1st December 2023 By: Creamer Media Reporter

Global energy company TotalEnergies will sell its 36.36% interest in the Natref refinery in Sasolburg, in South Africa's Free State province, to fellow energy company Prax Group. South African... 


Momentum Investments Research Hive research strategist Professor Evan Gilbert
Momentum sponsors machine learning in finance research chair with Stellenbosch University
1st December 2023 By: Schalk Burger

Investment management company Momentum Investments has established the Momentum Investments Research Chair for research into machine learning (ML) in finance in conjunction with Stellenbosch... 


A passenger carrying a bag next to a carousel with luggage
ACSA urges airline passengers to adhere to hand baggage regulations
1st December 2023 By: Rebecca Campbell

With the high-demand Christmas season about to start, the Airports Company South Africa (ACSA) has called on airline passengers to adhere to the regulations regarding hand baggage (the bags that... 


Photo of Terence Creamer
ArcelorMittal longs business closure to impact on jobs, industrial capacity
1st December 2023 By: Creamer Media Reporter

Creamer Media editor Terence Creamer discusses ArcelorMittal South Africa's announcement that it may cut about 3 500 jobs as it plans to wind down its long-products business; the reasons for it... 


Image of Barbara Creecy
South Africa warns others not to go from electricity to darkness
1st December 2023 By: Bloomberg

One of the architects of South Africa’s groundbreaking deal with rich nations to move more quickly away from coal sounded a note of caution to other countries considering similar agreements.... 


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For over 60 years, VEGA has provided industry-leading products for the measurement of level, density, weight and pressure. As the inventor of the...

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