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UK-based global major power and propulsion systems group Rolls-Royce announced on Wednesday that it had started flight tests of its latest aero engine, the Pearl 10X. This has been developed...
Delays to the planned closures of coal-fired power plants proposed by South Africa’s energy department could result in thousands of deaths from air pollution and lead to billions of dollars of...
The inaugural board of the South African National Petroleum Company (SANPC) has been announced by Mineral Resources and Energy Minister Gwede Mantashe, who also confirmed Godfrey Moagi as the...
South African policymakers are in discussions on lowering the central bank's inflation target, its governor said on Wednesday, adding that a lower target would make the country more competitive and...
Financial services firm Standard Bank has reduced the carbon emissions from its facilities across Africa by 4.6% year-on-year in 2023, putting the group ahead of its 2040 net-zerio target, says...
JSE-listed energy and chemicals company Sasol has streamlined the portfolios of the members of its group executive committee, with effect from April 1. This involves changes to important functions...
Diversified mining company African Rainbow Minerals (ARM) has entered into a subscription agreement for a private placement financing with Surge Copper, a Canadian company that is advancing an...
The North-West University Business School Policy Uncertainty Index veered further into negative territory in the first quarter, at 65.8 index points, compared with the 65.5 index points recorded...
Forklift products and services provider Masslift Africa, in partnership with Mitsubishi Forklift Trucks, in March launched Mitsubishi’s new-generation Grendia forklift series for the Southern...
The South African Revenue Service (Sars) collected a record gross amount of R2.16-trillion by the end of March. It paid out refunds of R414-billion to taxpayers, which is the highest ever in...
Sub-Saharan African private sustainable infrastructure project developer InfraCo Africa has made a $12-million equity investment in climate-smart agriculture equipment company SunCulture to scale...
Greener food production methods and the avoidance of food waste are required to future-proof Africa’s food supply and to meet the expected future demand for nutrition in a sustainable way, says...
Confidence in the construction industry has been erratic since 2020, compelling several industry players to close, and those who remain are exposed to risk, vigilante action and skills shortages;...
Cast and machined components supplier Autocast South Africa is the first of more than 30 of Nelson Mandela Bay’s largest electricity users to benefit from a renewable power supply deal with...
JSE-listed real estate investment trust (Reit) Emira and its wholly owned subsidiaries have agreed to dispose of 13 predominantly industrial and office properties situated in the Western Cape to...
Wind and solar resource assessment consultancy Eoltech has released findings of a new study that aims to assess the variations of the global wind resource over the last 15 years, with the data...
Platinum group metals (PGM) prices, where they are now, do not reflect the medium to long-term supply demand fundamentals. Instead, they are driven by short-term distortions, which imply that a...
Financial services firm Standard Bank said digital transaction volumes increased by 23% between 2022 and 2023, and transaction volumes on its banking application increased by more than 35% during...
Business Leadership South Africa (BLSA), whose members include the largest domestic and foreign companies operating in South Africa, has added its voice to a growing chorus of opposition to the...
South African clean energy infrastructure development and operation company Blue Energy Africa has highlighted its implementation of hybrid solar and battery energy systems for a major Western Cape...
As the citrus export season starts this month, the Citrus Growers’ Association of Southern Africa (CGA) is confident that 37.9-million 15 kg cartons of lemons will be exported to key markets, which...
A joint venture between JSE-listed property investment company Calgro M3 and property development company Eris has acquired a strategic land parcel for the Bankenveld District City development, in...
The Absa Purchasing Managers’ Index (PMI) slipped back to below 50 points in March, decreasing to 49.2 index points, from 51.7 in February. Following robust improvements in February, both the...
The brand-new platinum-catalysed hydrogen fuel cell system that has just been released for passenger cars reveals that fuel cells can be as cheap to manufacture as internal combustion engines...
The Department of Mineral Resources and Energy (DMRE) has launched South Africa’s third public procurement round for utility-scale batteries, while also extending the bid submission deadline for...
China has a unique opportunity to drive forward an energy revolution in Africa, but it must first reverse nearly two decades of neglect of green power investments there, research from Boston...
A video round up of this week’s magazine, highlighting our cover story, features and Business Leader.
The Gautrain Management Agency (GMA) is re-engineering the company for full commercialisation while undertaking extension plans and pursuing enhancements for the Gautrain system, with many of these...
Power utility Eskom has confirmed that it will implement electricity price increases, as approved by the National Energy Regulator of South Africa (Nersa), from April 1. The utility in October 2023...
Prices for 93-octane petrol will increase by 65c/ℓ and 95-octane petrol by 67c/ℓ, while 0.05% sulphur diesel will increase by 3c/ℓ and 0.005% sulphur diesel by less than 2c/ℓ from April 3, the...
The government has made progress on its Medium-Term Strategic Framework targets and, as it wraps up this administration, believes these numbers will continue to increase, Human Settlements Minister...
JSE-listed heavy machinery manufacturer Bell Equipment has posted a 66% increase in profit for the year ended December 31, 2023, to R793-million. Following unprecedented global demand for equipment...
A team of international astronomers have discovered 49 new gas-rich galaxies using the MeerKAT radio telescope in South Africa from observations under three hours long. The research was aimed at...
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