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Telecommunications giant MTN Group unpacked a resilient set of 2023 financial results, despite elevated inflation in several key markets averaging a blended 16.7%, forex volatility and ongoing...
Development lender British International Investment said on Monday it had agreed a $100-million finance facility with the Eastern and Southern African Trade and Development Bank (TDB) to boost...
Logistics and supply chain company Unitrans has launched its upgraded centre of excellence (COE) to drive improvements in operating cost efficiencies and safety for drivers and vehicles, which are...
Pan-African industry association the African Private Capital Association (Avca) has reported, amid the release of its latest 'Venture Capital in Africa Report', that 2023 was a year of significant...
The 600 MW coal-fired Kelvin power station, in Isando, Ekurhuleni, has installed a 300 m3/h flue gas emissions capturing pilot project, which removes carbon dioxide (CO₂), nitrogen oxides and...
Mining explosives and chemicals company AECI, which turned 100 this week, will be unveiling a digital strategy for the mining market during the course of this year. It is also looking to become...
After declines over several quarters, international trade is poised for a rebound this year, the United Nations Conference on Trade and Development's (Unctad's) latest 'Global Trade Update' states....
Solar tracking development company TrinaTracker showcased and launched its Vanguard 1P solution in South Africa at the 2024 Solar and Storage Live Africa event. The Vanguard 1P is based on the...
The United Nations Development Programme (UNDP) on March 21 launched its Weather Kids campaign globally, which sees child weather anchors emulate current weather reports but report on disruptive...
Automotive manufacturer Nissan has appointed Jordi Vila as Nissan Africa president. He currently serves as Nissan Europe sales and marketing divisional VP. Vila will succeed Nissan Africa president...
The Independent Communications Authority of South Africa (Icasa) on Friday published the draft amendments to the Call Termination Regulations of 2014 and 2018. Following a review in 2021, and the...
Toyota South Africa Motors (TSAM) has added the Hilux double-cab and Fortuner 48 V mild hybrids to its local production line-up at its Durban plant in KwaZulu-Natal. The addition of the new models...
JSE-listed steel producer ArcelorMittal South Africa has appointed Gavin Griffiths CFO and executive director from April 1. Griffiths is currently the company's chief strategy officer but has been...
Namibia’s first gigawatt scale green hydrogen project – the $10-billion Hyphen development scheme – this week received a major boost from Germany. The boost came in the form of the German...
UK-based engineering tech startup Salinity Solutions has secured a $1.27-million initial investment from battery-grade lithium chemicals producer Sociedad Quimica y Minera de Chile’s (SQM’s)...
Information and communication technology group Telkom has sold its masts and towers infrastructure subsidiary Swiftnet for R6.75-billion to consortium Towerco Bidco. The newly incorporated entity...
A video round up of this week’s magazine, highlighting our cover story, features and Business Leader.
The Competition Tribunal reports that furniture removal companies Stuttafords Van Lines and Pickfords Removals SA have admitted to involvement in a furniture removal cartel and agreed to pay an...
State-owned Transnet National Port Authority’s (TNPA’s) Port of Richards Bay is set to become a key hub for energy trade through the provision of bulk infrastructure to two sites located at the...
Government will be setting a target for the Competition Commission to undertake market inquiries in more strategic sectors of the economy over the next few years to address high levels of economic...
Retailer Pepkor Holdings has been approved for a secondary listing on A2X Markets, with its shares to be available for trade on the exchange from April 2. Pepkor Holdings is listed on the JSE and...
The Portfolio Committee on Public Enterprises has decided to refer the matter of the Takatso Consortium’s now-cancelled plans to buy a 51% stake in South African Airways (SAA) to the Special...
Transnet CEO Michelle Phillips has acknowledged the initial negative reaction to a proposed tariff methodology published for comment by the interim Infrastructure Manager (IM) alongside the...
The upgraded Zandvliet Waste Water Treatment Works has been handed over by the contractor to Cape Town Mayor Geordin Hill-Lewis. Contractors in the city are not named to protect them from extortion...
City of Cape Town Economic Growth MMC Alderman James Vos has congratulated the State-owned Airports Company South Africa (ACSA) for its investment programme for Cape Town International Airport...
Broad-Based Black Economic Empowerment Commissioner Tshediso Matona has said it is necessary to “dispel the myth” that black industrialist multimillionaires or billionaires should not exist because...
Financial services firm Standard Bank has provided an $11-million facility to financial technology (fintech) startup company Float which will use the funds for the ongoing rollout of its...
The City of Cape Town (CoCT) says construction work on two new MyCiTi depots, located on the corner of Spine Road and Mew Way between Khayelitsha and Mitchells Plain, is now 65% complete. City...
The South African Independent Power Producer Association (SAIPPA) has added its voice to a growing chorus of opposition to the draft Integrated Resource Plan 2023 (IRP 2023), the comment deadline...
The river flows at Chavuma gauging station, the first gauging station located in the North-Western province of Zambia and which measures river flows as the Zambezi river enters Zambia from Angola,...
Labour union the National Union of Mineworkers (NUM) has expressed its opposition to the changes in the Electricity Regulation Act (ERA). “This is a way to destroy Eskom and hand it over to the...
South Africa is beginning to fall behind other African countries, when it comes to being a centre for air cargo, Swissport South Africa CEO Khangi Khoza has warned. She was delivering a keynote...
South Africa's consumer inflation ticked up for the second month in a row in February, moving closer to the central bank's upper target, which economists say could mean a longer wait for rate cuts...
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