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President Cyril Ramaphosa signing the controversial NHI Bill into law at a Union Buildings ceremony
President Cyril Ramaphosa signing the controversial NHI Bill into law at a Union Buildings ceremony
Ramaphosa acknowledges fear over NHI but describes signing as ‘pivotal moment’
Updated 7 hours ago By: Terence Creamer

President Cyril Ramaphosa acknowledged the fear that his signing of the National Health Insurance (NHI) Bill into law had generated in and address during a signing ceremony held at the Union Buildings on Wednesday. However, he described the NHI as... 


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A Qatar Airways B777 aircraft
Qatar Airways to invest in an airline in Southern Africa
15th May 2024 By: Reuters

Qatar Airways will soon announce an investment in an airline in Southern Africa, its CEO said on Wednesday, part of the Gulf carrier's drive to expand its network in Africa. "We are at the final... 


Cans of Score energy drinks
Alterra-led consortium to acquire majority stake in Chill Beverages
15th May 2024 By: Darren Parker

A consortium led by private equity firm Alterra Capital Partners and including broad-based investment holding company the Mineworkers Investment Company (MIC) and independent private equity house... 


Coffee beans in a cup
Absa partnering with development finance agency to help East African coffee farmers
15th May 2024 By: Rebecca Campbell

South African banking group Absa and the International Finance Corporation (IFC – part of the World Bank group) will jointly provide a commodity trade finance facility, worth up to $60-million, to... 


CHIETA CEO Yershen Pillay
State mining training authority backing green hydrogen skills centre creation
15th May 2024 By: Martin Creamer

“We’re very excited to announce that we’ll be establishing the first centre of specialisation of green hydrogen skills,” South Africa’s Chemical Industries Education and Training Authority (CHIETA)... 


Maize crops affected by drought
Plunging currencies, El Niño to delay rate cuts in African economies
15th May 2024 By: Bloomberg

Mounting price pressures from the resurgence of the dollar, foreign-currency crunches and adverse weather conditions are set to lead to delayed and shallower interest-rate cuts for African central... 


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Rescue efforts under way at a building collapse site in George, in the Western Cape
Forensic pathologists identify 18 of the 33 deceased in George building collapse
15th May 2024 By: Creamer Media Reporter

Forensic Pathology Services have, as at 06:00 on May 15, identified 18 of the workers killed in the collapse of a partially built residential building in George. The death toll has reached 33,... 


John Deere showcases continued technology, innovation focus
John Deere showcases continued technology, innovation focus
15th May 2024

Equipment manufacturer John Deere South Africa will continue to focus on pursuing innovation on its machines and technology as it looks to strengthen its footprint in Africa. Tasneem Bulbulia tells... 


IEA executive director Fatih Biro
$2.2bn pledged to support clean-cooking access in Africa
14th May 2024 By: Terence Creamer

Pledges worth $2.2-billion to support clean-cooking access in Africa were made at a summit in France on Tuesday, convened by the International Energy Agency (IEA). It is estimated that more than... 


Equites CEO Andrea Taverna-Turisan
Equites reports sustained growth in rentals market
14th May 2024 By: Darren Parker

Real estate investment trust Equites Property Fund has reported sustained growth in its rental portfolio over the past few years and expects this trend to continue. In its results presentation for... 


Dipula Income Fund CEO Izak Peterson
Dipula reports improved metrics, hones in on solar
14th May 2024 By: Sabrina Jardim

JSE-listed real estate investment trust Dipula Income Fund has reported improved operational and financial metrics, as well as strategic gains in a period that marked the first phase of its new... 


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surgeon at work
Organisations call ‘rushed’ NHI Bill an electioneering ploy
14th May 2024 By: Marleny Arnoldi

Business Leadership South Africa (BLSA) has again expressed concern about the National Health Insurance (NHI) Bill on the eve of its planned promulgation by President Cyril Ramaphosa’s. Signing the... 


Many households in informal settlements remain unelectrified
Salga energy head calls for post-election review of free basic electricity scheme
14th May 2024 By: Terence Creamer

The head of energy at the South African Local Government Association (Salga) has called for a review of both the size of the free basic electricity (FBE) allocation as well as the way the grant is... 


Image of an LDV T60 bakkie
LDV to launch bakkie, SUV, MPV and panel van ranges in SA
14th May 2024 By: Irma Venter

Chinese car maker LDV has confirmed that its full range of passenger and commercial vehicles have been given the go-ahead for introduction in the South African market. The company is part of the... 


The Mandela Peace Prize coin placed underneath the keel
Construction of new TNPA multipurpose vessel kicks off
14th May 2024 By: Irma Venter

A keel-laying ceremony has marked the beginning of construction of a new multipurpose vessel that will increase the marine fleet availability for Transnet National Ports Authority (TNPA) in Cape... 


An image of Octodec's HealthConnect building
Octodec grows interim retail income despite challenging conditions
14th May 2024 By: Tasneem Bulbulia

JSE-listed real estate investment trust Octodec Investments achieved income growth of 3.1% for the six months ended February 29, largely driven by higher rentals in its residential portfolio.... 


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Magazine

Magazine round up | 10 May 2024
Magazine round up | 10 May 2024

A video round up of this week’s magazine, highlighting our cover story, features and Business Leader. 

COPPER IN FOCUS: There is a long way to go and there is much uncertainty, but the $39-billion bid by BHP for Anglo American certainly underlines the growing importance of copper not only to the mining majors but also a world economy undergoing an energy transition. If successful, the deal, which would exclude Anglo’s South African iron-ore and platinum assets, would create the world's biggest miner of copper, seen being produced here at Anglo’s Quellaveco mine in Peru. Photograph: Reuters
COPPER IN FOCUS

There is a long way to go and there is much uncertainty, but the $39-billion bid by BHP for Anglo American certainly underlines the growing importance of copper not only to the mining majors but... 

Photo of Martin Creamer
South Africa simply must get mineral exploration going again at pace

South Africa’s Exploration Plan, released in 2022, set an ambitious target of raising South Africa’s share of global exploration dollars  from below the 1% where it is now to 5% in as many years.... 

Photo of Terence Creamer
Coalitions and reform

With the 2024 election days away, attention is turning to the governance arrangements that will prevail nationally and in key battleground provinces following the poll and what these outcomes will... 

Business Leader

Denzil Steyn, MD of Intellisec South Africa
Denzil Steyn

This week we profile Denzil Steyn, MD of Intellisec South Africa, which installs smart site management systems to reduce costs, increase security and manage production and site facilities on a... 

HEAT IS ON
HEAT IS ON

Reaction to BHP’s bid price for Anglo American may be cool, but it has definitely ignited renewed interest in mega mining mergers. It has also brought to the fore the importance of copper to the... 

Showroom

Weir Minerals Africa and Middle East
Weir Minerals Africa and Middle East

Weir Minerals Europe, Middle East and Africa is a global supplier of excellent minerals solutions, including pumps, valves, hydrocyclones,...

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Weir Minerals Africa and Middle East
Weir Minerals Africa and Middle East

Weir Minerals Europe, Middle East and Africa is a global supplier of excellent minerals solutions, including pumps, valves, hydrocyclones,...

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VEGA Controls SA (Pty) Ltd
VEGA Controls SA (Pty) Ltd

For over 60 years, VEGA has provided industry-leading products for the measurement of level, density, weight and pressure. As the inventor of the...

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Booyco Electronics
Booyco Electronics

Booyco Electronics, South African pioneer of Proximity Detection Systems, offers safety solutions for underground and surface mining, quarrying,...

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