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Schalk Burger is Creamer Media Senior Deputy Editor for Engineering News and Mining Weekly.
S&P estimates that its group of rated African economies will borrow $155bn this year
Credit markets analysis company S&P Global Ratings estimates that commercial long-term borrowing by the 27 African countries rated by ratings agency S&P will reach $155-billion this year, up from...
Digby Wells Environmental appoints Richard McDonald as CEO
Following an extensive internal succession process, environmental consulting firm Digby Wells Environmental has appointed Richard McDonald CEO, with effect from June 1. McDonald has been serving as...
iOCO reports half-year revenue growth, first organic growth in several years
JSE-listed technology services provider iOCO has reported a 3.5% year-on-year increase in revenue to R2.83-billion and a 46% year-on-year increase in net profit to R180-million for the six months...
Vukile acquires 50% stake in Barcelona shopping centre
JSE-listed real estate investment trust (Reit) Vukile Property Fund will, through its subsidiary Castellana Properties, acquire a 50% stake in the Splau Shopping Centre, in Barcelona, Spain, to...
Africa must professionalise infrastructure delivery – Project Management Institute
As governments in Africa accelerate infrastructure investment, including under the Programme for Infrastructure Development in Africa (PIDA), the region faces a 57% talent gap in construction...
Optasia grows revenue and Ebitda, delivers above-guidance results
JSE-listed AI-powered financial technology platform company Optasia increased its revenue by 76% year-on-year to $265.4-million for the year ended December 31, 2025, while its earnings before...
SA Plastics Pact reports significant progress to 2030 recycling targets
Industry recycling initiative the South African Plastics Pact member companies have made significant strides towards 2025 circular economy targets for plastic packaging in the country, having...
Global Wind Energy Council launches action plan to boost energy resilience
Industry organisation the Global Wind Energy Council (GWEC) has launched its Wind Action Plan to accelerate wind energy deployment and strengthen energy resilience. GWEC calls for governments to...
Global installed renewable energy capacity to double to 8.4 TW by 2031 – GlobalData
The worldwide renewable energy installed capacity is forecast to more than double to 8.4 TW by 2031, from 4.1 TW in 2025, and register a compound annual growth rate of 13% over the next five years,...
S&P Global Energy forecasts oil prices of $70/bbl to $100/bbl for the remainder of this year
Energy market intelligence company S&P Global Energy says the 17-million-barrel-a-day reduction in crude oil and refined product supply available to the market from March 1 to 11 represents the...
Nersa publishes new municipal tariff application deadlines
The National Energy Regulator of South Africa (Nersa) has published new timelines for the submission and approval of municipal electricity tariff applications for the 2026/27 financial year. For...
ASP Isotopes subsidiary partners with Necsa to produce HALEU nuclear fuel
Nasdaq- and JSE-listed advanced materials company ASP Isotopes’ (ASPI’s) nuclear fuel processing subsidiary Quantum Leap Energy (QLE) and the South African Nuclear Energy Corporation (Necsa) have...
After strong 2025 growth, global trade set to grow until 2029, index shows
Global trade flows of goods, capital, information and people rose at a faster rate in 2025 than in any other year since 2011, excluding 2017 and the post-Covid-19 rebound, and is set to grow at the...
Impumelelo Lab barometer shows progress on economic reforms remains uneven
Economic research institution the Impumelelo Economic Growth Lab, at the Bureau for Economic Research (BER), launched a new barometer on March 11 that assesses whether structural reforms are...
FlySafair introduces temporary fuel surcharge
After Jet A1 fuel prices at South African coastal airports increased by about 70% in one week, airline FlySafair has introduced a temporary fuel surcharge for flights from March 12 to May 12....
Growthpoint grows revenue, declares interim dividend
JSE-listed real estate investment trust Growthpoint Properties Group posted revenue of R6.6-billion for the six months ended December 31, 2025, a 2.4% increase from the R6.5-billion revenue...
DMPR assures public of no immediate risk of fuel shortages
The Department of Mineral and Petroleum Resources (DMPR) says there is no immediate risk of fuel shortages in South Africa. The DMPR says it is in continuous contact with oil companies operating in...
Access to smart ID cards boosted through digital applications at bank branches
The Department of Home Affairs' (DHA's) Digital Partnership Model with South Africa’s banking sector has officially been launched and citizens can apply for smart identity document cards at nine...
Attacq reports R2.1bn development pipeline as it grows revenue; declares interim dividend
JSE-listed real estate investment trust Attacq, for the six months ended December 31, 2025, reported gross revenue of R1.6-billion, up 8.9% year-on-year; rental income of R1.5-billion, up 4.9%...
Modern grid needed as more renewable energy comes online – SAPVIA
South Africa has an installed solar PV capacity of 10.2 GW, 72 GW of renewable-energy projects at an advanced stage of development and a pipeline of 220 GW of renewable-energy projects. However,...
Cesa says management development training course fully subscribed
Industry organisation Consulting Engineers South Africa (Cesa) says the 30 places available for its 2026 Business of Consulting Engineering Management Development Programme (BCE MDP) were fully...
Building confidence index remains stable – FNB/BER
The Building Confidence Index, published by financial services firm FNB and research organisation the Bureau for Economic Research (BER), remained relatively stable in the first quarter of the...
Necsa, Rosatom sign agreement to cooperate on skills development
The State-owned South African Nuclear Energy Corporation (Necsa) and Russian State Atomic Energy Corporation (Rosatom) signed an agreement on the sidelines of the Africa Energy Indaba, held in Cape...
ASPI's QLE signs agreement with US company for domestic enriched-uranium fuels supply chain
JSE- and Nasdaq-listed isotope enrichment and advanced materials company ASP Isotopes' (ASPI's) nuclear fuels subsidiary Quantum Leap Energy (QLE) has entered into a nonbinding agreement with a...
Samancor Chrome may retrench the majority of its 2 403 smelter, corporate employees
Ferrochrome producer Samancor Chrome has issued a retrenchment notice in terms of Section 189 of the Labour Relations Act (LRA). It envisages that about 2 400 employees may be retrenched at its...
dtic invites comments on proposed designation of promising Vaal SEZ
Trade, Industry and Competition Minister Parks Tau has invited stakeholders and the public to submit written comments on the proposed designation of the Vaal Special Economic Zone (SEZ). The...
Africa Trade Barometer points to ease-of-trade improvements leading to investment
The latest ‘Africa Trade Barometer’, which has been published yearly by financial services firm Standard Bank since 2022 and which tracks businesses' perceptions of the ease of trade in Africa,...
South Africa part of broader shift in acceleration of domestic solar panel production
Countries around the world are accelerating investment in domestic solar panel production capacity to strengthen energy security and industrial resilience, and South Africa is part of that broader...
Business confidence rises to 47, six points above long-term average – RMB/BER
The Business Confidence Index (BCI) by financial services firm RMB and economic research organisation the Bureau for Economic Research rose by three points to 47 in the first quarter, building on...
JRA to temporarily close M1 Smit street offramps for road testing, investigations
The north- and south-bound Smit street interchange on- and offramps on the M1 will be closed from 09:00 to 15:00 on March 7, 8 and 9 to allow the Johannesburg Roads Agency (JRA) to undertake...
FNB launches upgraded payments, business support system
Financial services firm FNB has launched the latest version of its payments platform that provides businesses with real-time insight into their cash flow and stock levels across different sales...
Departments to investigate Ormonde warehouse collapse, the third in three months
In the wake of the collapse of an under-construction warehouse in Ormonde, Johannesburg, in which nine workers died and three others were injured, the Department of Public Works and Infrastructure...
Transnet exceeds automotive export targets for 2025/26 financial year
State-owned terminal operator Transnet Port Terminals (TPT) handled 792 574 fully-built units (FBU) between April 1, 2025, and February 15, this year, which includes new imports, exports and...
Fuel prices to rise on March 4; further increases likely amid Middle East tension
On March 4, the price of 93- and 95-octane petrol will increase by 20c/ℓ, diesel with a sulphur content of 0.05% will increase by 62c/ℓ, diesel with a sulphur content of 0.005% will increase by...
R635m investment allows SolarAfrica Energy to own 100% of Commercial Energy South Africa
Mezzanine debt fund manager Vantage Capital and investment management firm Greenpoint Capital have made a R635-million investment in commercial and industrial solar and battery energy asset holding...
Allocations for reform of services in metros linked to performance targets – Ramaphosa
In his newsletter on March 2, commenting on the Budget delivered the week before, President Cyril Ramaphosa said that R19.2-billion will be reallocated over the medium term to the reform of...
South Africa can expect fuel price increases amid Middle East conflict
The biggest immediate impact of the US-Israeli attack on Iran on countries like South Africa will be the elevated uncertainty about global oil prices and the prospect of higher fuel costs in the...
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