BCG reports most employees use AI tools

In a survey of 11 749 workers across 14 markets and a range of industries, 72% of respondents, including white-collar frontline and managerial employees, said AI has already considerably changed... 

Fairvest reports progress in repositioning to retail, declares interim dividend

JSE-listed real estate investment trust Fairvest CEO Darren Wilder says the company is making consistent progress in repositioning itself as a retail-focused portfolio through the disposal of... 

Parliamentary Committee warns on Tongaat; proposes enabling biofuels framework

South Africa's Parliamentary Portfolio Committee on Trade, Industry and Competition has warned that the future of Tongaat Hulett remains a major threat to the sugar industry’s recovery, and that... 

AMSA notes some progress on customs duties, trade remedies as talks with IDC continue

JSE-listed steel producer ArcelorMittal South Africa (AMSA) has reiterated that it, the ArcelorMittal Group and the Industrial Development Corporation of South Africa (IDC) continue to engage about... 

South Africa meeting fiscal, structural reform targets, Treasury DG Pieterse assures

South Africa has demonstrated that it can deliver on its fiscal targets and its structural reform agenda, and the benefits of latent improving fiscal credibility are already evident in the form of... 

Tech-enabled businesses that scale are attracting investments – Endeavor South Africa

Venture capital firm Endeavor South Africa says five local companies show that innovation-led growth can be environment-agnostic for businesses with strong execution capability, scalable technology... 

ECSA will host International Engineering Alliance meetings in Cape Town in June

Regulator the Engineering Council of South Africa (ECSA) will host the 2026 meetings of international organisation the International Engineering Alliance from June 7 to 12, in Cape Town, South... 

Greencoat Renewables moves from AltX to JSE main board

Renewable infrastructure company Greencoat Renewables will move onto the main board of the JSE, having been listed on the JSE's AltX since June 2025. The company has also been listed on the... 

South African, global coal sectors need to define mineral’s role in the energy mix

South Africa's coal sector, and nonprofit research organisation CoalTech Research Association, which is funded by coal industry organisations, must focus on defining the role of coal in the... 

Study indicates commercial potential for biofuels but South Africa needs base price to drive development

The South African Sorghum Bioethanol Study, produced by market research and strategy company BluePrint and commissioned by the Localisation Support Fund, shows that there are viable commercial... 

ASPI to make first enriched Si-28 shipments to the US in the third quarter

JSE- and Nasdaq-listed advanced materials company ASP Isotopes (ASPI) has successfully restarted the first 18 stages, comprising segments one and two, of its Silicon-28 (Si-28) enrichment facility,... 

Inflation impact likely in emerging markets owing to US-Iran war – BMI

Financial market research company BMI expects oil prices to average $90/bbl this year, and to remain higher for longer, which will, in turn, feed into rising inflation. This will lead to pressure... 

920 Jeeps sold between 2021 and 2023 recalled for repairs – NCC

Automotive manufacturer Stellantis South Africa has issued a safety recall for 920 Jeep Grand Cherokee WL vehicles distributed in South Africa between 2021 and 2023, says the National Consumer... 

Kgodiso fund to grow presence as innovative farmer funding, support model boosts sector

Agriculture and farmer development fund the Kgodiso Development Fund (KDF), which was established by food and beverage multinational PepsiCo in 2022 as a condition of its acquisition of Pioneer... 

Stagnating formal employment, but growing informal work requires structural changes in responses – UASA

Labour union UASA has said that the meagre growth of 1.1% in employment underpinned by employment contracts over the past 15 years, compared with the 108% growth in the number of people working... 

ATNS, Botswana counterpart form air traffic training, tech partnership

South African State-owned Air Traffic and Navigation Services (ATNS) and the Civil Aviation Authority of Botswana (CAAB) have signed an agreement to expand joint training, deepen technological... 

Fitch maintains Eskom's rating at B with a stable outlook

Credit ratings agency Fitch has maintained State-owned power utility Eskom's long-term local-currency issuer default rating at ‘B’ with a stable outlook. Fitch maintained Eskom’s senior unsecured... 

Nampak flags higher normalised HEPS, but lower total operations HEPS, EPS

JSE-listed packaging producer Nampak expects its normalised headline earnings per share (HEPS) for the six-month period to March 31 to increase by between 2% and 13% to R39 and R43, compared with... 

AMEA Power's 120 MW solar plant achieves commercial operation

Dubai-based renewable-energy company AMEA Power has successfully commissioned its 120 MW Doornhoek solar PV plant in South Africa – the first project under Bid Window 6 of the Renewable Energy... 

Warning over value loss without localisation strategy in solar boom

There are gaps in South Africa's ability to effectively localise manufacturing and fully capture the economic benefits of the energy transition that is being driven by rapid solar PV expansion,... 

FlySafair says it acted in good faith after NCC refers it to the consumer tribunal

The National Consumer Commission (NCC) has referred airline FlySafair to the National Consumer Tribunal for alleged contraventions of the Consumer Protection Act (CPA) linked to the alleged... 

Afrimat posts solid results; sets focus on growing cash generation, reducing debt

Although it remains profitable, is able to service its debt and posted good results for the financial year ended February 28, JSE-listed construction materials and industrial minerals mining... 

Tribunal approves Cape Forests merger

The Competition Tribunal has approved the merger that will see Cape Forests Products acquire MTO Forestry and PG Bison Southern Cape (PGBSC), and has cleared the transaction with enhanced... 

Prolonged uncertainty could trigger fragile period, shortages and wider financial stress – Unctad

The global economy is moving from an initial phase of supply disruptions and inflation into a more fragile period, where prolonged uncertainty could trigger shortages and wider financial stress,... 

Proposed Gauteng green-methanol-from-wastewater plant gets $4m funding support

Emerging market blended finance investment manager Climate Investor Three has, through its affiliate SA-H2 Fund Managers, signed a $4-million development funding agreement with project developer... 

Fortress acquires Balfour mall, to open redeveloped property in 2027

JSE-listed property company Fortress Real Estate Investments has acquired the 37 000 m2 Balfour Mall, in Highlands North, Johannesburg, and will, in partnership with venture capital company Forever... 

Global AI use increases in first quarter – Microsoft

During the first quarter of this year, worldwide AI use increased by 1.5 percentage points to 17.8% of the world’s working age population, up from 16.3% in the second half of 2025, information... 

Calgro M3 maintains dividend, increases NAV, but HEPS declines

JSE-listed property investment company Calgro M3 has reported a 10.77% year-on-year increase in net asset value (NAV) to R16.46 for the financial year ended February 28. The company declared a... 

Sugarcane milling season off to positive start, despite continuing pressure on industry – SA Canegrowers

South Africa’s 2026/27 sugarcane milling season has started strongly, with early deliveries tracking ahead of previous years, says industry organisation South African Canegrowers' Association (SA... 

Delay in wheat tariff response to changing global trade placing local grain producers under pressure

Agriculture industry organisation Grain SA says South Africa’s slow response to rapidly changing global trade conditions is placing local grain producers under growing financial pressure. The... 

cidb adds Academics category to ERWIC awards

Regulator the Construction Industry Development Board (cidb) has added an Academic Excellence in the Construction and Built Environment Sector category to the 2026 Empowerment and Recognition of... 

Eskom to start disciplinary proceedings as forensic firm confirms diesel procurement noncompliance

State-owned power utility Eskom says an interim report by an independent forensic firm has identified instances of non-adherence to Eskom processes in the procurement of the services and the... 

Kagem donates gemstone processing equipment to Zambian training centre

Emerald mining company Kagem Mining, which is a subsidiary of Johannesburg- and London-listed Gemfields, has donated cutting and polishing equipment to the Gemstone Processing and Lapidary Training... 

World Bank warns largest energy price surge in four years will drive inflation

Energy prices are projected to surge by 24% this year to their highest level since Russia’s invasion of Ukraine in 2022, as the war in the Middle East sends a severe shock through global commodity... 

Commission gives its approval for Sactwu’s proposed acquisition of various companies

The Competition Commission has approved the proposed transaction whereby the Southern African Clothing and Textile Workers Union (Sactwu) intends to acquire Squirewood, Gallagher Estate Holdings... 

Charles Shilowa appointed acting ACSA CEO as Mpofu completes tenure

State-owned management agency Airports Company South Africa (ACSA) has appointed Charles Shilowa as acting CEO, effective July 1, while the board undertakes a formal process to recruit and appoint... 

Competition Commission welcomes increase in merger thresholds

The Competition Commission welcomes the amended Merger Threshold Determination and Merger Filing Fees that were gazetted on May 8. Its research indicates that the revised thresholds can materially... 

Equites expects to make bumper investments in South Africa in 2027 and 2028

JSE-listed logistics specialist real estate investment trust Equites CEO Andrea Taverna-Turisan says that, although the company's investments slowed during the financial year to February 28,... 

JSE to appeal High Court order to review penalties imposed on former Tongaat CFO

The JSE has applied for leave to appeal the North Gauteng High Court's order, issued on April 20, that the stock exchange review its decision to impose a public censure and penalties against Murray... 

S&P expects sub-Saharan Africa’s growth to remain stable despite global headwinds

While global growth is expected to slow to 2.4% for the year, down from the previously projected 2.9%, growth in sub-Saharan Africa is still expected to reach 4.1% this year and 3.8% in 2027,...