The Zululand Energy Terminal (ZET), which is aiming to build South Africa’s first liquefied natural gas (LNG) import terminal at the Port of Richards Bay in KwaZulu-Natal, has signed heads of agreement with an ExxonMobil affiliate – a move that it...
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JSE-listed Vukile Property Fund achieved 9.3% year-on-year increase in funds from operations (FFO) and dividends a share for the financial year ended March 31. The specialist retail real estate...
New Development Bank is lending South Africa $1-billion for the State to upgrade infrastructure in its eight biggest cities, Business Day reported. The so-called metropolitan municipalities will...
Seacom has launched new high-capacity terrestrial network route between Nairobi and Kampala, upgrading a long-established corridor into a modern, high-capacity backbone designed to support growing...
The Nedbank Kusini Accelerator Programme is showing how practical enterprise development can help turn an essential service into a source of local economic opportunity. As access to safe,...
Mobile technologies and services contributed $240-billion to Africa’s economy in 2025, equivalent to 7.8% of GDP, supporting about 13-million jobs and generating $45-billion in public revenues....
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Egypt generated more electricity than South Africa in 2025. South Africa has held the number one spot on the continent since at least 2015, according to Ember’s Global Electricity Review 2026.
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The World Bank Group and the African Development Bank (AfDB) have announced that their joint initiative Mission 300 has connected over 50-million people to electricity across 40 countries – a major...
State-owned asset management firm Public Investment Corporation (PIC) chairperson Dr David Masondo says PIC board member Thabi Nkosi serves on the board because of her qualifications, experience...
Research from consultancy Wood Mackenzie (WoodMac) finds that the base metals required to power the global data centre boom extend far beyond the servers, cooling units and enclosures inside these...
The oil market will move into a significant supply surplus in 2027 after recovering from the closure of the Strait of Hormuz, the International Energy Agency (IEA) said in its monthly oil market...
South African inflation rose by less than expected in May, which analysts said reduced the likelihood of another central bank interest rate hike next month. Headline consumer inflation quickened to...
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DA leader Geordin Hill-Lewis has officially requested that President Cyril Ramaphosa remove John Steenhuisen as Minister of Agriculture, in a reshuffling of the party's Government of National Unity...
Daimler Trucks and Buses Southern Africa’s used truck business TruckStore has opened its new facility in Krugersdorp, Gauteng. The new facility aims to strengthen TruckStore’s national footprint...
The Companies and Intellectual Property Commission (CIPC) has highlighted the importance to the country of its Beneficial Ownership (BO) register. From April 1, 2023, when the register was...
Civil society organisation the Johannesburg Crisis Alliance (JCA) says the City of Johannesburg (CoJ) has not provided information to residents and businesses about State-owned Eskom’s threatened...
Oil prices slipped to a three-month low on Monday after US President Donald Trump and Iran's deputy foreign minister said they had reached an initial deal to end the war and to resume traffic...
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A video round up of this week’s magazine, highlighting our cover story, features and Business Leader.
This month, the Maydon Wharf Agribulk Terminal, in Durban, handled its first maize vessel since December 2023, loading 40 000 t of export maize aboard MV Chang Hang Hong Hai destined for Vietnam....
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An important step towards stabilising the operations of important value-adding South African companies, preserving the jobs that go with them, and promoting a more sustainable future for them, has...
During a recent joint meeting of the portfolio committees on electricity and energy and cooperative governance and traditional affairs it became clear there is some sympathy for Eskom when it comes...
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This week we profile Japie du Plessis, MD of Cementation Africa, an underground contract mining company
International Energy Agency executive director Fatih Birol has used the “vase is broken” analogy to describe the new global energy context following shipping disruptions in the Strait of Hormuz....
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