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LDV is the latest automotive brand from China to enter South Africa, with the Asian country seemingly intensifying its efforts to become the world’s new automotive powerhouse. LDV forms part of...
While South Africa’s maize production will be about 2.1-million tons lower this year, there is still enough to meet local consumption and supply neighbouring countries that are having difficult...
Embattled US aerospace giant Boeing has announced major management changes at the highest level. The group has been hit by major quality control issues in particularly (but not exclusively) its...
The Statistician-General of South Africa Risenga Maluleke on Tuesday reported a decrease in the total number of employees in the formal non-agricultural sector by 194 000 in the fourth quarter of...
Finance institution Standard Bank has successfully closed a $300-million sustainable Tier 2 capital loan. The facility, concluded with the International Finance Corporation (IFC), marks another...
African infrastructure funding specialist, the Africa Finance Corporation (AFC), announced on Tuesday that it had successfully closed its largest ever debt facility. This is a $1.16-billion...
Transnet Freight Rail’s (TFR’s) North Corridor accomplished the delivery of 1.41-million tonnes last week, marking the most substantial weekly performance in terms of volume for the current...
The Richards Bay Multipurpose Terminal (MPT) has taken delivery of new cargo handling equipment, aiding the loading of export coal, magnetite, chrome and pig iron aboard calling Cape-sized vessels....
ASX-listed Kinetiko Energy, which is conducting onshore gas exploration in Mpumalanga, South Africa, has completed its deepest core hole to date. “Following our previous announcement indicating...
The New Development Bank (NDB), set up by the Brics group of emerging economies, aims to make about $5-billion in loans this year, its vice president, Zhou Qiangwu, said on Tuesday. "During the...
The copper mining project that Johannesburg Stock Exchange-listed Harmony Gold is developing in Australia has been granted special ‘prescribed project’ status in recognition of its social and...
Amid increasing emphasis on sustainability, this year’s inaugural Biodiversity Economy and Investment Indaba emphasises the importance of growing the South African biodiversity economy under the...
During industry organisation Consulting Engineers South Africa's (Cesa's) recent Infrastructure Indaba, procurement of goods and services emerged as a critical theme of discussion, underscoring the...
Investment into climate mitigating strategies, as outlined in the City of Johannesburg’s Climate Action Plan (CAP), could create as many as 340 000 jobs, while investment into climate adaptation...
President Cyril Ramaphosa averred on Monday that the suggestion that South Africa’s position on the Israeli-Palestinian conflict could lead to a deterioration of its relations with the US is...
North-West University (NWU) Professor Louis du Preez and his team of researchers have discovered a new species of African bullfrog, Pyxicephalus beytelli, which is the fourth species of bullfrog...
China’s GAC Motor has appointed Salvador Caetano Auto as the distributor and retailer of GAC vehicles, spare parts and related services in South Africa (SA). GAC Motor is a subsidiary of the...
Independent think tank, the Bureau for Food and Agricultural Policy (BFAP), believes that the year-on-year (y-o-y) decline in the country’s agricultural sector gross domestic product (GDP) last...
Electricity Minister Kgosientsho Ramokgopa reports that the Eskom board is considering lifting the current 1 000 MW allocation set aside for its Standard Offer Programme to 4 000 MW and extending...
Real estate investment trust Attacq's Nexus 1 building, in Waterfall City, which also serves as its headquarters, has received Excellence in Design for Greater Efficiencies (EDGE) certification....
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...
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