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Financing African hydrocarbon projects needs a segmented approach
Updated 1 hour 51 minutes ago By: Rebecca Campbell

In an era in which raising finance for major hydrocarbons projects was increasingly challenging, the developers of such projects in Africa should consider segmenting them and separately seeking finance for each segment. That advice was given by... 


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AfDB president Akinwumi Adesina
Debt transparency needed as opaque resource-backed loans hinder African development – Adesina
Updated 19 minutes ago By: Schalk Burger

African countries will pay $74-billion in debt service payments this year, which is a sharp increase from $17-billion in 2010, and the continent's economic potential is being undermined by... 


Flanagan & Gerard MD Paul Gerard
Flanagan & Gerard, Vukile acquire Mthatha shopping centre for R800m
Updated 22 minutes ago By: Schalk Burger

Retail property specialist company Flanagan & Gerard Property Group and JSE-listed real estate investment trust Vukile Property Fund have jointly acquired the BT Ngebs City regional shopping... 


Sanral road (hopefield interchange)
Outa demands information on Sanral, Ceta tenders
Updated 36 minutes ago By: Darren Parker

Nonprofit watchdog the Organisation Undoing Tax Abuse (Outa) has accused the South African National Roads Agency Limited (Sanral) and the Construction Education and Training Authority (Ceta) of... 


Defy launches solar-powered off-grid range
Defy launches solar-powered off-grid range
Updated 2 hours 33 minutes ago

Amid the compounding effects of loadshedding in South Africa and increasing concerns about climate change, appliance manufacturer Defy has launched its Solar Off-Grid fridge and freezer range to... 


Trade, Industry and Competition Minister Ebrahim Patel
Successes, learnings on employee share ownership plans marked
23rd April 2024 By: Tasneem Bulbulia

Employee share ownership plans (ESOPs) or worker share ownership programmes have enjoyed several successes in South Africa, especially gaining traction in the past five years, and this needs to... 


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TotalEnergies committed to the energy transition, assures company executive
23rd April 2024 By: Rebecca Campbell

French multinational energy group TotalEnergies was committed to the energy transition and has a strategy for this, highlighted the group’s MD and CEO marketing and services and country chair and... 


Battery and invertor at government clinic
Gauteng govt rolls out 6.3 MWh of solar power at 27 healthcare facilities
23rd April 2024 By: Darren Parker

The Gauteng Provincial Government (GPG) has installed and commissioned a combined equivalent of six independent microgrid power plants through the installation of rooftop solar photovoltaic (PV)... 


Unctad calls for innovative investment strategies as global crises fracture foreign investment
23rd April 2024 By: Sabrina Jardim

Amid the complex landscape of global foreign direct investment (FDI), the United Nations Conference on Trade and Development (Unctad) has called for innovative investment strategies to foster... 


Gas tanks
Invictus partners with Zim-focused gold miner to investigate gas supply to Eureka mine
23rd April 2024 By: Marleny Arnoldi

ASX-listed Invictus Energy has signed a memorandum of understanding (MoU) that could lead to a maiden gas offtake agreement with Dallaglio Investments, involving the supply of gas to the Eureka... 


Imameleng Mothebe appointed AMIE CEO
23rd April 2024 By: Sabrina Jardim

Imameleng Mothebe has been appointed as the new CEO of the Association of Meat Importers and Exporters of Southern Africa (AMIE) as of May 2. She will succeed outgoing CEO Paul Matthew. 


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Urgent need to develop Africa’s fuel storage, distribution networks – Puma Energy
Urgent need to develop Africa’s fuel storage, distribution networks – Puma Energy
23rd April 2024 By: Irma Venter

Puma Energy Africa head Fadi Mitri has issued a call to action to the African Refiners and Distributors Association (ARDA) to urgently develop the continent’s energy infrastructure. ARDA is the... 


Lhyfe Founder and CEO Matthieu Guesné.
New green hydrogen trading base uplifting platinum group metals demand outlook
23rd April 2024 By: Martin Creamer

The green hydrogen sector now has a digital platform on which users can buy and sell green hydrogen by the click of a button, it was announced on Tuesday.  Euronext-listed Lhyfe, the French group... 


Globeleq acquires 48.3% interest in Egypt solar plant
23rd April 2024 By: Sabrina Jardim

Independent power company Globeleq has completed the acquisition of a 48.3% equity stake in the 25 MW Winnergy solar photovoltaic (PV) plant in Egypt from Enerray, Enerray Global Solar... 


Cisco launches AI-powered Hypershield service to protect modern data centres
23rd April 2024 By: Schalk Burger

Networking and security multinational Cisco has launched its Hypershield service, which is a cloud-native, artificial intelligence- (AI-) powered approach to highly distributed security for... 


Sasol petrol station
Macroeconomic factors dampen Sasol’s year-to-date performance
23rd April 2024 By: Marleny Arnoldi

NYSE- and JSE-listed petrochemicals company Sasol says its energy business benefitted from higher basic fuel prices, as well as improved refining margins towards the end of the nine months ended... 


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Magazine round up | 19 April 2024
Magazine round up | 19 April 2024

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

REMEMBERING: Rwandan President Paul Kagame and First Lady Jeanette Kagame, preparing to light the Rwandan genocide flame of hope, known as the ‘Kwibuka’ (Remembering), to commemorate the 1994 Genocide at the Kigali Genocide Memorial Centre in Kigali, Rwanda, on April 7. Thirty years ago more than one-million people were systematically massacred over 100 days by extremists, led by the Rwandan army and a militia known as the Interahamwe. Photograph: Reuters
REMEMBERING

Rwandan President Paul Kagame and First Lady Jeanette Kagame, preparing to light the Rwandan genocide flame of hope, known as the ‘Kwibuka’ (Remembering), to commemorate the 1994 Genocide at the... 

Photo of Martin Creamer
South Africa must take full advantage of its prematurely halted mining R&D

The disbanded South African mining industry’s research and development (R&D) arm Comro handed South Africa’s State-owned Council for Scientific and Industrial Research (CSIR) the mining R&D it had... 

Photo of Terence Creamer
Mixed outlook

The recent period of decreased loadshedding has been met with tremendous scepticism by a South African public who have been burnt more times over the past 15-plus years than a lump of wet coal.... 

Business Leader

Rhian Capostagno, a partner at Partners in Performance
Rhian Capostagno

This we profile Rhian Capostagno, a partner at Partners in Performance, a firm of management consultants 

The storms that lashed the Cape earlier this month caused devastating damage, with many still picking up the pieces. One can only hope that the coming election storm is far more benign, but some of the pre-election rhetoric is cause for concern, while some pre-election coalition pacts seem to be facing real headwinds.
STORM WARNING:

The storms that lashed the Cape earlier this month caused devastating damage, with many still picking up the pieces. One can only hope that the coming election storm is far more benign, but some of... 

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Goodwin Submersible Pumps Africa (Pty) Ltd
Goodwin Submersible Pumps Africa (Pty) Ltd

Goodwin Submersible Pumps Africa is sole distributors for Goodwin electrically driven, submersible, abrasion resistance slurry pumps.

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Rittal
Rittal

Rittal is a world leading provider of top-quality integrated systems for enclosures, power distribution, climate control, IT infrastructure and...

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Rio-Carb
Rio-Carb

Our Easy Access Chute concept was developed to reduce the risks related to liner maintenance. Currently, replacing wear liners require that...

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Werner South Africa Pumps & Equipment (PTY) LTD
Werner South Africa Pumps & Equipment (PTY) LTD

For over 30 years, Werner South Africa Pumps & Equipment (PTY) LTD has been designing, manufacturing, supplying and maintaining specialist...

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