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The Coega Development Corporation (Coega) says it has successfully implemented infrastructure projects to an accumulative value of about R48-billion since the inception of its development programme...
A far-reaching new drive is under way to ease iridium scarcity still further and, especially in the short term, demand for platinum group metals (PGMs) from electrochemical processes is on the way....
The International Air Transport Association (IATA), which is the global representative body for the airline industry, has reported continued strong growth global air passenger demand in February,...
Transnet Port Terminals (TPT) reports that it has recruited 200 additional cargo coordinators and has set up dedicated lanes for refrigerated containers at all KwaZulu-Natal container terminals in...
Consumer spending growth in South Africa steadied in 2023 after the previous year's post-pandemic surge, but expected interest rate cuts will encourage more purchases in 2024, executives from Visa...
DP World will take over bp Southern Africa’s (bpSA’s) Cape Town, Johannesburg, Pretoria and Rustenburg logistics operations as the energy group has opted to outsource its secondary transport. In...
The Passenger Rail Agency of South Africa (PRASA) says it has restored another five Metrorail corridors across Gauteng, KwaZulu-Natal and the Western Cape. These rail services were interrupted by...
A new report, released on April 4 by InfluenceMap using the Carbon Majors database, shows that 88% of global carbon dioxide (CO2) emissions from fossil fuels and cement from 2016 through 2022 can...
Daybreak Farms, a chicken company controlled by Africa’s biggest fund manager, plans to seek loans to stabilize operations and fix its balance sheet following years of mismanagement. The producer...
Information technology multinational Microsoft has set out principles for the responsible use of artificial intelligence (AI) and has developed the second version of its responsible AI standards...
The Public Investment Corporation (PIC) has appointed Batandwa Damoyi as its new CFO. She is a chartered accountant, with more than 16 years of experience post articles in corporate finance.
Enel Green Power South Africa has confirmed that the Nordex manufacturing facility being set up in Humansdorp, in the Eastern Cape, will produce concrete wind tower sections for the three new wind...
Global air cargo traffic, in year-on-year terms, increased by double digits for the third month in a row, in February, the International Air Transport Association (IATA) has reported. IATA is the...
Senegal will conduct an audit of the oil, gas and mining sectors, newly elected President Bassirou Diomaye Faye told the nation in a televised speech on Wednesday, while also reassuring investors...
Business advisory company Merchantec Capital’s CEO Confidence Index decreased by three percentage points in the first quarter of this year to a score of 45.4, which is below the neutral 50-point...
Satchwell – electromechanical equipment manufacturer ACTOM’s Paarl-based manufacturer and supplier of domestic and industrial products and components – has entered the solar power generation market...
Research by University of the Witwatersrand (Wits) academics finds that Africa has moved from being a net carbon sink to a net carbon source in nine years, meaning the rate at which carbon is being...
Chinese photovoltaic (PV) and energy storage systems company Trina Solar announced on Wednesday that it has entered a partnership with China Energy International Group and China Gezhouba Group to...
South Africa’s State-owned Transnet National Ports Authority (TNPA) has awarded a R60-million contract for the construction of a water desalination plant at the Port of East London, the country’s...
Heavy equipment manufacturer Bell Equipment has been growing its business organically by investing in the development and enhancement of products, increasing market share in key regions, such as...
After nearly 200 countries made major energy commitments at the COP28 climate summit in Dubai, the International Energy Agency (IEA) is taking a leading role in ensuring these promises are...
New-vehicle sales plummeted by 11.7% in March, to 44 235 units, compared with the same month last year. Sales for the first quarter of the year are now 5.3% below the same period last year.
UK-based global major power and propulsion systems group Rolls-Royce announced on Wednesday that it had started flight tests of its latest aero engine, the Pearl 10X. This has been developed...
Delays to the planned closures of coal-fired power plants proposed by South Africa’s energy department could result in thousands of deaths from air pollution and lead to billions of dollars of...
The inaugural board of the South African National Petroleum Company (SANPC) has been announced by Mineral Resources and Energy Minister Gwede Mantashe, who also confirmed Godfrey Moagi as the...
South African policymakers are in discussions on lowering the central bank's inflation target, its governor said on Wednesday, adding that a lower target would make the country more competitive and...
Financial services firm Standard Bank has reduced the carbon emissions from its facilities across Africa by 4.6% year-on-year in 2023, putting the group ahead of its 2040 net-zerio target, says...
JSE-listed energy and chemicals company Sasol has streamlined the portfolios of the members of its group executive committee, with effect from April 1. This involves changes to important functions...
Diversified mining company African Rainbow Minerals (ARM) has entered into a subscription agreement for a private placement financing with Surge Copper, a Canadian company that is advancing an...
The North-West University Business School Policy Uncertainty Index veered further into negative territory in the first quarter, at 65.8 index points, compared with the 65.5 index points recorded...
Forklift products and services provider Masslift Africa, in partnership with Mitsubishi Forklift Trucks, in March launched Mitsubishi’s new-generation Grendia forklift series for the Southern...
The South African Revenue Service (Sars) collected a record gross amount of R2.16-trillion by the end of March. It paid out refunds of R414-billion to taxpayers, which is the highest ever in...
Sub-Saharan African private sustainable infrastructure project developer InfraCo Africa has made a $12-million equity investment in climate-smart agriculture equipment company SunCulture to scale...
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