With G20, B20 presidencies, South Africa to amplify Africa's role in global business affairs

South Africa has assumed the presidency of intergovernmental forum Group of 20 (G20) and its private sector engagement group Business 20 (B20). B20 South Africa will focus on unifying efforts... 

Malben Engineering wins environmental stewardship award for green steel trial

Stampings and welding components manufacturer Malben Engineering won industry organisation the Steel and Engineering Industries Federation of Southern Africa's (Seifsa's) environmental award for... 

Tshwane to strengthen service delivery, revenue collection after reaching agreement with Eskom

The City of Tshwane says the agreement with State-owned Eskom to settle the R6.67-billion historical debt it owes to the utility signals a turning point, ending years of costly litigation and... 

Auditor-General says culture of accountability must be built in public sector – Mavuso

In Auditor-General (AG) Tsakani Maluleke's report on the performance of national government entities and an assessment of the underlying performance of the public sector released during the final... 

Domestic steel industry must improve cost structures, logistics costs to survive

For the South African steel industry to survive, the cost structures must improve across the value chain to position South African primary steelmaking in the lowest quartile of the global steel... 

Energy transition is accelerating, but fossil fuel emissions to overshoot targets by 50%

While the new climate finance goal of $300-billion a year from developed nations to support developing nations' energy transition by 2035, and the aim to mobilise an additional $1.3-trillion a year... 

New proposed legal amendments modernise monitoring, administration of building regulations, standards

The Department of Trade, Industry and Competition (dtic) said proposed amendments to the National Building Regulations and Building Standards Act are aimed at modernising the Act, resolving... 

FirstRand's first social bond proceeds to support FNB lending to SMMEs, housing customers

The proceeds of financial services provider FirstRand Bank's inaugural social bond will be allocated to fund financial services firm FNB’s lending to small, medium-sized and microenterprises... 

Teraco to build 40 MW data centre at Isando Campus

Data centre and information and communication technology (ICT) infrastructure company Teraco has started building a new 40 MW hyperscale data centre at its Isando Campus in Ekurhuleni, Gauteng. The... 

Nampak to report turnaround in headline earnings a share

JSE-listed packaging manufacturer Nampak expects to report headline earnings a share from continuing operations of R31 to R35 for the financial year ended September 30, compared with the headline... 

Hisense opens television museum in Cape Town

Electronics manufacturer Hisense has opened a museum of television, the Tevolution Museum, in Cape Town. In partnership with the Western Cape Department of Cultural Affairs and Sport and the South... 

Outlook for South Africa's trade, investment in 2025 mixed – PwC

South Africa’s largest sources of foreign investment, including the US, the UK and Germany, are entering 2025 with mixed fortunes. With great uncertainty about the US economy in 2025, the economic... 

Confidence among manufacturers at highest level in more than two years – Absa

The Absa Manufacturing Survey for the fourth quarter of this year showed that production, domestic and export sales, and new orders have improved and recorded better levels than initially expected.... 

Eskom welcomes S&P rating upgrade to positive from stable

State-owned power utility Eskom has welcomed the decision by international ratings agency S&P Global Ratings to upgrade Eskom's 'B' long-term global-scale foreign and local currency ratings to... 

Vodacom, Maziv to appeal the prohibition of their fibre deal

Mobile network operator Vodacom and connectivity and telecommunications infrastructure company Maziv have decided to lodge a notice of appeal with the Competition Appeal Court after the Competition... 

Frasers acquires Holdsport from Old Mutual Private Equity

UK-based retail and sports equipment company Frasers Group has concluded a deal to acquire South African sporting, outdoor and recreation goods company Holdsport Group from private equity... 

Challenges, but also opportunities, abound to grow sustainable township businesses

A better understanding of the scale, challenges and business models of businesses in township economies can help to create better financing and policy support that will help township businesses to... 

BankServ's PayShap Request service to launch on December 2

Real-time payment request service PayShap Request, to be launched on December 2, will enable users to initiate payment requests instantly through their bank channels, thereby accelerating payment... 

DFFE welcomes COP29 as step in right direction, 350.org says it fell short

Forestry, Fisheries and the Environment Minister Dr Dion George has welcomed the outcomes of the UN Framework Convention on Climate Change's (UNFCCC's) twenty-ninth Conference of the Parties... 

Cisco to roll out eighth EDGE Centre in Johannesburg to empower SMMEs

Networking and security technology company Cisco, in collaboration with business incubation hub Forge X, will launch a new Cisco EDGE Centre in Johannesburg to stimulate innovation and support... 

BLSA welcomes Rasool as ambassador to US, says relations in need of repair

Business organisation Business Leadership South Africa (BLSA) CEO Busi Mavuso says the appointment of Ebrahim Rasool as the next ambassador of South Africa to the US is good news because South... 

Seifsa awards recognise dedicated efforts of companies in the steel sector

Industry organisation the Steel and Engineering Industries Federation of Southern Africa's (Seifsa's) 2024 Awards for Excellence highlighted the diverse work of companies in the metals and... 

ACSA expands King Shaka airport flight network, regional flights frequency

State-owned Airports Company South Africa (ACSA) has expanded the flight network at King Shaka International Airport (KSIA) with flights to Gaborone, Harare and Lusaka. The newly introduced... 

Civil society organisations launch legal challenge seeking judicial review of seismic surveying authorisations

Civil society organisations The Green Connection, Aukotowa Fisheries Primary Co-Operative and Natural Justice have launched a judicial review of decisions to grant authorisation to seismic and... 

Midvaal says all electricity prepaid meters in its areas of supply have been upgraded

The Midvaal local municipality says it has fully implemented the Token Identifier (TID) Rollover for prepaid electricity meters and that residents will not experience any disruptions or... 

Phase 2 of Growthpoint’s Cape Town industrial estate under way

Real estate investment trust Growthpoint has started construction on the second development phase of its Arterial Industrial Estate, in Blackheath, Cape Town. Arterial Industrial Estate is on a 71... 

South African companies increasingly aware of cybersecurity, mitigating against risks

Assurance, advisory and tax services company PwC’s 'Global Digital Trust Insights Survey 2025: South Africa' report shows that 66% of South African organisations prioritise mitigating cyber-risks,... 

Wits MIND to collaborate with industry on fundamental AI research

The University of the Witwatersrand (Wits) opened a new AI research hub called the Wits Machine Intelligence and Neural Discovery (MIND) Institute on November 19. The institute will focus on... 

VistaJet unveils 18th Global 7500 ultralong-range jet in fleet

Private aviation services provider VistaJet has unveiled the eighteenth Bombardier Global 7500 ultralong-range business jet added to its fleet of 240 aircraft. The aircraft can do 17 hours of... 

NOA Group to supply Old Mutual Real Estate portfolio with wheeled renewable power

Property fund Old Mutual Real Estate Holding Company (OMREHC) has entered into an energy supply agreement with commercial and industrial renewable energy company NOA Group Trading to provide... 

Kaspersky, AFRIPOL sign partnership agreement to prevent and fight cybercrime

Cybersecurity company Kaspersky and African Union policing institution AFRIPOL have signed a cooperation agreement aimed at preventing and fighting cybercrime. Covering a period of five years, the... 

Fintech, partners offer WhatsApp solution to improve access to banking services

A bank card that enables cardholders to manage their account and money through a WhatsApp solution has been launched by fintech Mama Money in collaboration with financial services firm Access Bank... 

Eskom once again urges prepaid metered customers to recode their meters before Nov 24

State-owned power utility Eskom is once again urging all prepaid electricity customers to update their meters immediately to avoid an unexpected loss of electricity after the deadline of November... 

PPC moving into second phase of its recovery plan

JSE-listed cement and construction materials company PPC has started working on the second phase of its turnaround strategy, with the benefits of its first phase evident in its results for the six... 

Renewable-energy minigrids can empower informal sector in Africa

About 70% of Africa's population are employed in the informal sector, and renewable energy-based, small-scale microgrids or minigrids present an opportunity to provide decentralised electricity to... 

SAPVIA calls for incentives for SSEG market

Industry organisation the South African Photovoltaic Industry Association (SAPVIA) has made a presentation to Parliament's Portfolio Committee on Electricity and Energy in which it called for solar... 

Provinces increase their expenditure by nearly 5% in the second quarter

National Treasury has revealed that South Africa's provinces spent 50.6%, or R384.9-billion, of the allocated main budget of R760.1-billion in the second quarter of the 2024/25 financial year,... 

TotalEnergies, bp, Equinor and Shell to invest $500m to improve energy access in Africa, Asia

Oil, gas and energy multinational companies TotalEnergies, bp, Equinor and Shell have made a $500-million joint investment commitment to create positive energy access impact for people in key... 

Ramokgopa to recommend lifting PBMR from care and maintenance

The Department of Electricity and Energy is preparing a report to Cabinet to recommend the approval of lifting the pebble bed modular reactor (PBMR) from care and maintenance to allow South Africa... 

Umbogintwini bridge to be upgraded with modern construction engineering technology – Sanral

The Umbogintwini River Bridge, on the N2 in KwaZulu-Natal, is part of the R50-billion upgrade programme of the N2 and N3 freeways in the province, and advanced engineering technology will in future...