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Deputy Finance Minister David Masondo
Partnerships with the private sector, communities key to building climate-resilient infrastructure
Updated 15 minutes ago By: Marleny Arnoldi

The African continent needs an estimated $190-billion a year to meet its climate change mitigation needs and energy transition, but 57% of countries are in debt and unable to support the amount of... 


Rand Water’s Eikenhof station hit again
Updated 2 hours 5 minutes ago By: Natasha Odendaal

The City Power substation that powers Rand Water’s Eikenhof pump station with electricity was tripped after being struck by lightning on Monday night, the water utility reported. Accordingly, a... 


A map of Africa indicating which countries' interest rates will remain higher for longer
Africa’s biggest economies set to hold interest rates as inflation risks linger
Updated 2 hours 6 minutes ago By: Bloomberg

Central banks in Africa’s biggest economies are set to diverge from their emerging-market peers in Latin America and Europe over the next two weeks, as they maintain tight monetary policies to... 


Govt turns to private sector to fix public sector facilities
Govt turns to private sector to fix public sector facilities
Updated 2 hours 53 minutes ago By: Irma Venter

Given the current economic downturn, government does not have the resources to look after all of its assets, says Department of Public Works and Infrastructure (DPWI) property management trading... 


As govt skills falter, Infrastructure SA gets R600m boost from Treasury for projects to reach financial close
As govt skills falter, Infrastructure SA gets R600m boost from Treasury for projects to reach financial close
Updated 2 hours 55 minutes ago By: Irma Venter

National Treasury has allocated Infrastructure South Africa (ISA) a budget of R600-million over three years to “prepare projects”, says ISA head Mameetse Masemola. Addressing a media conference at... 


Rand Water purification station
South African economic hub’s water system on verge of collapse
Updated 2 hours 55 minutes ago By: Bloomberg

South Africa is facing the prospect of a breakdown in the water supply to its industrial heartland and most-populated region, adding to the woes of an economy battered by power outages, congested... 


Taxis parked at a taxi rank in Johannesburg
Draft public transport policy to provide guidance for existing, new subsidies
18th March 2024 By: Schalk Burger

The draft National Public Transport Subsidy Policy, which has been gazetted, is aimed at introducing outcomes-based planning for integrated public transport. There are currently no guidelines for... 


IATA reports major progress in sustainable aviation fuels, globally
18th March 2024 By: Rebecca Campbell

In its latest 'Fly Net Zero Media Update' report, the global representative body for the airline industry, the International Air Transport Association (IATA), has highlighted developments around... 


An image depicting the Cape Town MPT
Cape Town MPT records 43% volume increase in agri-bulk
18th March 2024 By: Sabrina Jardim

The Cape Town Multi-Purpose Terminal (MPT) has increased volume throughput in the agricultural bulk sector by 43% in the year-to-date. In January, the terminal handled 25 704 t of agricultural bulk... 


Energy Regulator approvals mark another step towards NTCSA’s operationalisation
Energy Regulator approvals mark another step towards NTCSA’s operationalisation
18th March 2024 By: Terence Creamer

South Africa’s Energy Regulator has taken another set of decisions opening the way for the operationalisation of a separate grid company in South Africa ahead of the far-reaching legislative... 


An image of Maltento CEO Dean Smorenburg, Cape Town mayor Geordin Hill-Lewis and Cape Town premier Alan Winde
Maltento aiming to bolster sustainability efforts
18th March 2024 By: Tasneem Bulbulia

Maltento CEO Dean Smorenburg and commercial director Dominic Malan were joined by Western Cape Premier Alan Winde and Cape Town mayor Geordin Hill-Lewis on a tour of the fly-farm’s facilities in... 


Recycling initiative prioritises sustainability, promotes economic growth
18th March 2024 By: Sabrina Jardim

Manufacturer Ardagh Glass Packaging’s money4glass initiative – launched in July 2023 – has yielded positive results. From August 2023 to January this year, the company’s glass recycling depot at... 


Merafe CEO Zanele Matlala and FD Ditabe Chocho.
Ferrochrome producer Merafe cites green energy solutions as 2024 opportunity
18th March 2024 By: Martin Creamer

The Glencore-Merafe Chrome Venture is exploring renewable energy projects to mitigate power shortages and power costs, Merafe Resources CEO Zanele Matlala said on Monday, when the Johannesburg... 


Trade, Industry and Competition Minister Ebrahim Patel
64 companies to pledge to procure from black industrialists, says Patel
18th March 2024 By: Darren Parker

During the second Black Industrialists and Exporters Conference to be held later this week, up to 64 large companies are expected to make pledges to procure goods and services from black... 


An image showing the JSE building in Johannesburg
JSE declares full year dividend on the back of strong financial performance
18th March 2024 By: Tasneem Bulbulia

The JSE produced “strong” results for the year ended December 31, 2023, with growth of 12.2% in headline earnings per share (HEPS) and return on equity of 19.4% in line with long-term targets, CEO... 


IATA reports important progress in the development of aviation electrofuels
18th March 2024 By: Rebecca Campbell

The first two months of this year saw significant developments regarding the category of sustainable aviation fuels (SAF) known as electrofuels, the International Air Transport Association (IATA)... 


SAWEA CEO Niveshen Govender
SAWEA wants IRP overhaul as it questions massively diminished role for wind in current draft
18th March 2024 By: Terence Creamer

The South African Wind Energy Association’s (SAWEA’s) formal response to the draft Integrated Resource Plan 2023 (IRP 2023) questions both the modelling and assumptions used to determine the vastly... 


Thirty-one countries to start trading under AfCFTA Agreement this year
18th March 2024 By: Sabrina Jardim

Amid the increasing importance of intra-African trade, 31 countries are expected to start trading under the African Continental FreeTrade Area (AfCFTA) Agreement by the end of the year, South... 


SA-US flag
US Treasury’s Adeyemo says he’s more bullish on South Africa
18th March 2024 By: Bloomberg

Cooperation between the government and business is boosting South Africa’s prospects, despite the myriad challenges the economy faces, US Deputy Treasury Secretary Wally Adeyemo said. Adeyemo, who... 


Tap with water
Skills development central to fixing water quality issues, says Mavuso
18th March 2024 By: Marleny Arnoldi

In her latest weekly newsletter, published on March 18, Business Leadership South Africa (BLSA) CEO Busi Mavuso addresses the major challenge of local government’s mismanagement of water... 


Rand South African flag
Rand slips ahead of CPI, central bank meetings
18th March 2024 By: Reuters

South Africa's rand weakened in early trade on Monday, at the start of a week that will include South African inflation figures and several major central bank rate decisions. At 0705 GMT, the rand... 


Merafe CEO Zanele Matlala.
Merafe declares cash dividend on record profit, elevated chrome
18th March 2024 By: Martin Creamer

Ferrochrome and chrome company Merafe achieved a record profit of R1 753-million despite what it describes as a challenging economic environment in the 12 months to December 31. The board of... 


Energy Regulator approves 10.13% pipeline tariff hike on Durban-to-Alrode route
Energy Regulator approves 10.13% pipeline tariff hike on Durban-to-Alrode route
15th March 2024 By: Terence Creamer

The Energy Regulator has approved a 5.98% increase, from R6.8-billion in 2023/24 to R7.2-billion in 2024/25, in Transnet’s allowable revenue from petroleum pipelines system tariffs. “This... 


Sungrow's new three-phase inverters
Sungrow launches new three-phase battery/inverter system in South Africa
15th March 2024 By: Darren Parker

Solar power solutions company Sungrow has unveiled its three-phase inverter and battery energy solution in South Africa, featuring several new inverter models and battery options suited for both... 


Libstar Lancewood yoghurt
Libstar’s earnings dragged down by weak consumer demand
15th March 2024 By: Marleny Arnoldi

Consumer packaged goods group Libstar has reported year-on-year declines in its normalised earnings, headline earnings and operating profit for the year ended December 31. Normalised headline... 


OR Tambo SEZ poised to deliver economic development, employment opportunities
15th March 2024 By: Sabrina Jardim

The OR Tambo Special Economic Zone (SEZ) aims to promote economic development, job creation and growth through the government’s SEZ programme and is a flagship programme for developments in... 


Dr Mampho Modise appointed deputy governor of the Reserve Bank
15th March 2024 By: Tasneem Bulbulia

Finance Minister Enoch Godongwana and the South African Reserve Bank (SARB) have welcomed President Cyril Ramaphosa’s appointment of Dr Mampho Modise as deputy governor of the SARB, following the... 


Saice former president Louis de Waal
Saice pays tribute to former president Louis de Waal
15th March 2024 By: Schalk Burger

Industry organisation the South African Institution of Civil Engineering (Saice) has announced that former president Louis de Waal passed away on March 10. “Louis was a distinguished figure within... 


LNG infrastructure
Energy investor Reatile gears up for LNG importation as gas shortage looms
15th March 2024 By: Marleny Arnoldi

In light of the looming natural gas supply constraints from mid-2026, investment company Reatile Group is actively engaging Sasol on mitigating the gap between 2026 and the eventual arrival of... 


UFS agronomy researcher Dr Jerry Dlamini
Rain-fed agriculture emissions research shows climate-smart interventions can help
15th March 2024 By: Schalk Burger

Preliminary findings of a two-year study from the University of the Free State (UFS) Kenilworth Experimental Farm indicate that climate-smart agriculture interventions, such as legume rotation and... 


Platinum cathode required in PEM fuel cells to convert hydrogen to electricity. Heraeus infographic.
Major new gigafactory fuel cell thrust enlivening demand outlook for platinum
15th March 2024 By: Martin Creamer

A major new fuel cell thrust in North America is enlivening the outlook for platinum and helping the world advance further along the road to net zero. Emphasising that the advancement of the... 


An image of Mitsubishi’s new-generation Grendia forklift
Masslift Africa launches Mitsubishi Forklift’s new Grendia series in South Africa
15th March 2024 By: Tasneem Bulbulia

Forklift products and services provider Masslift Africa, in partnership with Mitsubishi Forklift Trucks, this week launched Mitsubishi’s new-generation Grendia forklift series for the Southern... 


Electricity pylons
South Africa takes next step toward opening up electricity trade
15th March 2024 By: Bloomberg

South Africa moved a step closer toward creating a competitive electricity market after legislation that establishes the framework cleared another hurdle. The Electricity Regulation Act Amendment... 


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