Macpherson commits to transparent DPWI, cooperation for infrastructure-led development

Public Works and Infrastructure Minister Dean Macpherson, in an address to the National Council of Provinces on July 23, committed to ensuring that his department would be transparent so as to... 

Preference Capital launches Merchant Cash Advance loan product

Specialist owner-managed businesses financial services firm Preference Capital, under its Cash Flow Capital brand, has launched the Merchant Cash Advance loan product, which offers a quick and... 

Energy Partners completes first solar facade skyscraper at Fairvest-owned property

Energy company Energy Partners has completed a project at property investment company Fairvest's Metalbox skyscraper in Auckland Park, Johannesburg. The property now features a building-integrated... 

Ramaphosa assents to National Small Enterprise Amendment Bill

President Cyril Ramaphosa has signed the National Small Enterprise Amendment Bill to establish a new entity – the Small Enterprise Development Finance Agency – which will incorporate the Small... 

Africa Impact Investment Awards recognise the power of catalytic capital

The 2024 Africa Impact Investment Awards, held in Nairobi, Kenya, celebrated the contributions made to the burgeoning impact investment sector across Africa by showcasing exemplary achievements in... 

George emphasises collective multilateral climate effort in MoCA speech

South Africa and most other African and developing countries are facing a very serious economic situation with pressing development challenges, such as high unemployment and poverty rates. Southern... 

Infrastructure resilience also about adapting current systems – Cesa

Proactive measures are needed to ensure the safety and sustainability of communities, and building resilient infrastructure is not just about new projects, but maintaining and adapting current... 

Dube TradePort to rehabilitate 200 ha of land near its developments

Special economic zone the Dube TradePort has acquired more than 200 ha of land over the past five years with the specific purpose of conserving environmentally sensitive land near its development... 

Half of turbines for Koruson 1 wind farms delivered to site

About half of the 237 turbine blades and other components required for the Koruson 1 cluster of wind farms, being built on the border of the Eastern and Northern Cape provinces, have been delivered... 

Privately owned Fireblade Aviation prepares for growth as international demand increases

Private aviation company Fireblade Aviation has positioned each of its divisions to grow as international demand for aviation resources increases, particularly private aviation over the past three... 

Yugrow pursues Asia expansion with AI-powered leadership training platform for women

South African behavioural leadership training platform for women Yugrow seeks to expand into Asia to address the region's unique societal and cultural challenges. Yugrow is a behaviour technology... 

Open Society Foundations commits $400m for green industrialisation in the Global South

Philanthropic grant organisation Open Society Foundations will commit $400-million over eight years to support the development of green industrial policies that contribute to economic growth in the... 

First Battery showcases 80 t/d lead-acid battery recycling plant

Automotive and industrial battery manufacturer First Battery on July 17 took media on a tour of its battery recycling facility in Benoni Industrial Sites, in Ekurhuleni, where it recycles 80 t of... 

RSR opens National Rail Safety Awards nominations

The Railway Safety Regulator (RSR) will host the inaugural National Rail Industry Awards on October 24, at the Houghton Hotel, in Johannesburg, and has opened nominations for the awards, which will... 

Business interruption, energy crisis, climate change top oil and gas industry concerns

Business interruption was named the top risk in the oil and gas sector by 45% of respondents to a survey conducted by insurance and risk company Allianz Risk Barometer. This was followed by the... 

Trade conditions expected to improve – Sacci

The broader agreement by a Government of National Unity (GNU) on the need to address economic challenges collaboratively has filtered through to the trade environment, and the May and June 2024 the... 

Sappi sells Lanaken mill site for €50m

After closing the Sappi Lanaken mill, in Belgium, in December, following the company's announcement to reduce production capacity for graphic paper in Europe, Sappi has concluded an agreement with... 

IAB offers to buy remaining Bell Equipment shares, plans to delist the company

Investment holding company IAB, which is owned by representatives of the founding family and affiliates of Bell Equipment and holds 70.13% of the company's issued shares, has offered to buy the... 

Promising effect of new Cabinet consolidating – BLSA

"The positive sentiment sparked by the Government of National Unity (GNU) is consolidating," business lobby Business Leadership South Africa (BLSA) CEO Busi Mavuso states in her latest weekly... 

Cesa, Aon state need for infrastructure resilience as Engineering Excellence Award finalists are announced

Industry organisations Consulting Engineers South Africa (Cesa) and professional services and management consulting firm Aon South Africa have announced the finalists for the Cesa Aon Engineering... 

Actom builds first 66 kV transformer, sets sights on further expansion in Africa

Electromechanical equipment manufacturer Actom, which has manufactured its first 66 kV transformer, says it plans to supply small high-voltage (HV) power transformers in Africa, as part of plans to... 

Establishment of carbon borders not supported by climate finance commitments

The European Union (EU) is one of the first regions to establish a Carbon Border Adjustment Mechanism (CBAM) scheme, with the current requirement that companies report on the total carbon footprint... 

Sustainable strategies for digitalisation needed, from raw materials to waste management

The nature and scale of the digital sector’s environmental footprint remains largely unassessed, and there is an urgent need for sustainable strategies throughout the life cycle of digitalisation,... 

Solidarity proposes economic recovery policies based on international examples

Trade union Solidarity has submitted an economic recovery plan, which is based on international examples of policies that have led to improved economic development, to the National Treasury. The... 

Sapia changes name to Fiasa to reflect fuels industry changes

Industry organisation the South African Petroleum Industry Association (Sapia) has changed its name to the Fuels Industry Association of South Africa (Fiasa) to reflect its commitment to a... 

Leasehold model at Dube TradePort provides consistent revenue, helps property developers

Special economic zone (SEZ) Dube TradePort says its long-term leasehold model allows investors to access land over long periods without the need to buy it outright and ensures that it has a stable... 

BankservAfrica, UnionPay International collaborate on safer e-commerce in Africa

Financial markets infrastructure provider BankservAfrica and payment services company UnionPay International (UPI) are collaborating to facilitate easier and safer e-commerce transactions for UPI... 

Local refineries still in need of capital investment to meet clean fuels requirements

Industry organisation the South African Petroleum Industry Association (Sapia) has reiterated the need for capital investment in local refineries to ensure they can meet the second clean fuels... 

Saice to work with Cabinet to address South Africa's infrastructure challenges

Industry organisation the South African Institution of Civil Engineering (Saice) says it is committed to collaborating with government to address the nation's infrastructure challenges and foster... 

Last year was pivotal for the power sector, Energy Council says

2023 was a pivotal year for South Africa’s power sector, as unprecedented loadshedding undermined the economy and society, industry organisation the Energy Council of South Africa says. “We can... 

Safda, SA Canegrowers resolve sugarcane transformation funding dispute

Industry organisations the South African Farmers Development Association (Safda) and the South African Canegrowers Association (SA Canegrowers) have resolved their disagreement about transformation... 

ProMarks, Trafigura sign MoU with Angola govt to develop PPP model for power transmission

Electrical engineering company ProMarks and industrial conglomerate Trafigura have signed a memorandum of understanding (MoU) with the government of Angola to conduct a technical and economic... 

Eskom, Minister celebrate 100 days without loadshedding milestone

State-owned power utility Eskom has achieved 100 consecutive days without loadshedding, which reflects the enhanced reliability and performance of its generation fleet. The continuous suspension of... 

World Bank highlights developing-world utilities’ challenges in meeting rising demand, transition goals

The majority of electric utilities in developing countries are ill-equipped to meet growing demand for power and add more renewable energy into the grid, thereby hindering global energy transition... 

Central banks to increase gold holdings in next 12 months, says World Gold Council

More than eight in ten, or 81%, of respondents to the 2024 Central Banks Gold Reserves survey said they expect reserve managers to continue to increase their gold holdings in the next 12 months.... 

Cluff Africa inks deal to acquire Zimbabwe lithium permits

UK-based mineral resources investment company Cluff Africa has signed a term sheet with Zimbabwe sovereign wealth fund, Mutapa Investment Fund, to acquire 45% in the Sandawana mining permits. This... 

Consistent pipeline all that is needed to resuscitate SA construction

A consistent and predictable pipeline of construction and infrastructure development projects, which must be underpinned by political support and leadership, is all that is necessary to accelerate... 

Consistent pipeline all that is needed to resuscitate SA construction

A consistent and predictable pipeline of construction and infrastructure development projects, which must be underpinned by political support and leadership, is all that is necessary to accelerate... 

CEO confidence improves in the second quarter

Financial advisory company Merchantec's CEO Confidence Index increased by six points to 51.4 in the second quarter, driven by a significant improvement in confidence in the consumer staples sector... 

Digital nomad visas could attract professionals, Endeavor South Africa says

Entrepreneurial support organisation Endeavor South Africa says the South African remote work, or digital nomad, visa can help the local technology industry and entrepreneurs, and is a positive...