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South Africa's current account deficit widened sharply in the fourth quarter of 2023 to 2.3% of gross domestic product (GDP) from a revised 0.5% of GDP in the third quarter, central bank data...
BMG hosted 30 SAPICS members at the end of last year, for a walkthrough of the BMG World distribution facility in Johannesburg. “BMG World - our 16 000 m² distribution facility - serves as a...
Government and business have set a goal of increasing South Africa’s electricity generation capacity by 10.6 GW by the end of 2025 as part of ongoing collaborative efforts to tackle growth-sapping...
Business organisation Business Unity South Africa’s (Busa’s) board of directors has appointed Khulekani Mathe to take over as Busa CEO in January 2025 when Cas Coovadia retires. Mathe was appointed...
The ongoing recall of peanut butter products has put the spotlight on reverse logistics, an often-neglected aspect of supply chain management, according to SAPICS (The Professional Body for Supply...
Australia’s Macro Metals on Wednesday announced the appointment of an experienced board with a dedicated focus of developing its Pilbara iron-ore portfolio, sending the company’s stock surging on...
South Africa’s food security is in the spotlight, with current weather conditions posing enough of a threat to farmers to cause a potential yield loss of their crops, following the heatwaves and...
South Africa’s consistently advancing mining investment company Menar has signed a memorandum of agreement with the government of Gabon. “We think that Gabon is one of the promising countries when...
Clean technology company Rock Tech has selected the former Norampac paper mill site in Red Rock as the location to develop Ontario’s first lithium refinery. Rock Tech, which is listed on the...
South African private sector activity expanded in February for the first time in six months as staffing and purchasing levels increased amid stronger confidence, a survey showed on Tuesday. The S&P...
By Carol Koech, Strategy Director, Sustainability & Thought Leadership – Schneider Electric International Operations The rapid expansion of data centres has created a high demand for skilled...
Trade credit insurance company Allianz Trade has released its latest ‘Global Insolvency Report’, unveiling updated forecasts for 2024 and 2025. According to Allianz, global insolvencies are set to...
JSE-listed diversified services, trading and distribution company Bidvest recorded an 8.8% year-on-year increase in revenue to R62.2-billion andan 11.8% increase in trading profit to R6.5-billion...
JSE-listed consumer goods group RCL Foods has posted a 48% year-on-year increase in earnings before interest, taxes, depreciation and amortisation (Ebitda) to R1.5-billion for the six months ended...
Once again policy inaction and government’s inability to commit to large-scale investment will lead to a new blow to energy availability in the economy, with the looming natural gas cliff from...
Logistics service provider Rhenus South Africa is expanding its warehousing capacities in South Africa. The company’s integrated warehousing services will be particularly focused on providing...
Air Liquide Large Industries South Africa (ALLISA) has appointed investment holding company Community Investment Holdings (CIH) as its local broad-based black economic empowerment (BBBEE) partner,...
National Treasury director-general Dr Duncan Pieterse says the reforms being proposed to facilitate greater private sector investment into infrastructure could obviate the need to introduce a...
Ivanhoe chairperson Robert Friedland has commented that Kamoa-Kakula continues to exceed expectations in terms of overall performance.
The South African steel sector is facing significant challenges, primarily because of oversupply, in addition to very little demand, coupled with economic constraints. Resolving these issues...
The concept of small, usually unconventional, aircraft, carrying small numbers of passengers, weaving their way through towering skyscrapers and speeding over suburbs, has been a staple of...
As connectivity in rural regions across Africa lag that of the more populous urban areas, technology company Nokia aims to provide support to accelerate the pace of connectivity in these harder to...
Bid submission for Bid Window 7 of the Renewable Energy Independent Power Producer Procurement Programme is scheduled for April 30, 2024.
The concept of small, usually unconventional, aircraft, carrying small numbers of passengers, weaving their way through towering skyscrapers and speeding over suburbs, has been a staple of...
Both Cabinet and organised business have lauded the five-year public-private partnership agreement between Sasol and Transnet Freight Rail (TFR), under which the energy and chemicals group will...
Organised business says the appointment of a permanent executive team at Transnet – led by CEO Michelle Phillips, who has been acting in the role since September and who has been with the utility...
SIDSSA 2024 will bring new energy projects to the market for investment and infrastructure-led socioeconomic growth. South African President Cyril Ramaphosa will open the Sustainable Infrastructure...
The Road Freight Association (RFA) is gearing up for its annual conference, which this year takes place in the picturesque town of Hermanus in the Western Cape. The three-day event, held from May...
The world's biggest listed miner BHP said on Thursday it was disbanding some global teams and transferring those roles covering functions including planning, environment and heritage protection to...
South African fashion retailers are ramping up local production and using alternative sea ports and air freight to mitigate the impact of congestion at traditional ports that has caused massive...
A subsidiary of South African conglomerate Bidvest Group is selling a 27.5% stake in a logistics business to black women-owned financial firm Akhona Strategic Investments. Akhona, headed by former...
JSE-listed retailer Spar Group is undertaking several initiatives to curb the environmental impact of plastic packaging materials. This commitment aligns with the group’s dedication to phasing out...
With the 2024/25 national Budget not having provided much relief to taxpayers, and the economy having a high debt to gross domestic product (GDP) ratio and slow growth rates, South Africans need to...
Arise Integrated Industrial Platforms (ARISE IIP) has signed a development agreement with the government of Malawi for the construction of a R3-billion special economic zone (SEZ) and dry port in...
With commodity prices declining and mining companies being unable to get output to their markets owing to issues with the rail and port services that State-owned utility Transnet provides, business...
Although Finance Minister Enoch Godongwana’s Budget, delivered on February 21, seemed somewhat prudent, Econometrix director and chief economist Dr Azar Jammine said there was not much in it to...
Plastics SA Executive Director Anton Hanekom has voiced his disappointment in the Budget Speech delivered by Finance Minister Enoch Godongwana on 21 February 2024. Hanekom emphasised that the...
The South African new-car market has been shifting steadily over the last few years as consumers continue to battle persistent economic headwinds. Times are tough. Interest rates, living costs,...
Antofagasta and Marubeni Corporation have reported that the project will have a 36-year mine life, based on Centinela’s substantial ore reserve of two-billion tonnes.
The South African new-car market has been shifting steadily over the last few years as consumers continue to battle persistent economic headwinds. Times are tough. Interest rates, living costs,...
Private rail operator Traxtion expects the first investment into private freight train capacity to be announced later this year and to be focused on the bulk freight sectors. This is excellent for...
The Mpungu freight vessel has made its debut on Lake Victoria, in East Africa. The Mpungu will be Lake Victoria’s first scheduled roll-on/roll-off freight vessel, addressing the need for a reliable...
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