A consortium, led by infrastructure-focused private equity fund manager African Infrastructure Investment Managers (AIIM), has signed an agreement to acquire fibre network operator Octotel. The... 

Law firm DLA Piper has appointed Kalidou Gadio as co-chairperson of the US-Africa Practice based out of its Washington DC office. He brings deep knowledge of the sub-Saharan Africa, Middle East and... 

The Agricultural Business Chamber (Agbiz) and Industrial Development Corporation’s Agribusiness Confidence Index (ACI) has remained unchanged in the first quarter of the year at a level of 40.... 

Electricity Minister Kgosientsho Ramokgopa reports that Eskom’s eight “lender groups” have given their consent to the establishment of the National Transmission Company South Africa (NTCSA) as a... 

Kenyan air cargo carrier Astral Aviation (Astral) and Abu Dhabi-based United Arab Emirates operator Etihad Cargo, the logistics and cargo business of Etihad Airways, have announced the functional... 

Industry body the Citrus Growers’ Association of Southern Africa (CGA) has appointed Gerrit van der Merwe chairperson for the next two-year term. Outgoing chairperson Hannes de Waal will now become... 

As government considers the public comments made on the draft Integrated Resource Plan (IRP) 2023 up to March 23, shareholder activism organisation Just Share has called for a remodel of the... 

Public-private partnerships (PPPs) are an important mechanism to bring together the strengths of government and business, including the technical and management capabilities of the private sector... 

Zambia and Zimbabwe are retendering a $5-billion project to build a hydropower plant they previously awarded to General Electric Co. and Power Construction Corp. of China, and expect to select new... 

The European benchmark ferrochrome price for the second quarter of this year has been settled at $1.52/lb, 5.6% up on the first three months of 2024, Merafe Resources informed shareholders on... 

South Africa's first-quarter consumer confidence improved on the back of an uptick in the confidence levels of high-income households, suggesting retail sales volumes could gradually start to... 

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...