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Image of National Automobile Dealers' Association (NADA) chairperson Brandon Cohen
AARTO demerit system set for mid-2025 launch, dealers urged to up admin game – NADA
19th June 2024 By: Irma Venter

Government aims for the system that will see road users accrue demerit points for road traffic offences to kick off in the middle of next year, says National Automobile Dealers' Association (NADA)... 


Rhinos
South Africa sets target for resuming global rhino-horn trade
19th June 2024 By: Bloomberg

South Africa, where 79% of the world’s rhinos live, said it aims to come up with a plan by the end of 2030 to dismantle an almost half-century ban on trading the endangered animals’ horns. The... 


President Cyril Ramaphosa
Ramaphosa pledges to be a President for all South Africans in inaugural speech, as he warns against dissent
19th June 2024 By: Sashnee Moodley

“The formation of a government of national unity is a moment of profound significance. It is the beginning of a new era.” This was the statement made by Cyril Ramaphosa in his inaugural speech, at... 


South African aircraft maintenance company to set new record this year for heavy checks
19th June 2024 By: Rebecca Campbell

South African aircraft maintenance, repair and overhaul (MRO) concern, ExecuJet MRO Services South Africa, announced on Wednesday that it was on course to establish a new company record for... 


Richards Bay Minerals GM for Growth Strategy Bradley Reddy.
Fast-greening Richards Bay Minerals now eyeing on-site renewables, storage, aggregation
19th June 2024 By: Martin Creamer

Energy-intensive Richards Bay Minerals (RBM), which consumes an average of 1.8 terawatts of power a year, was able to secure its latest 140 MW wind energy power purchase agreement (PPA) in six... 


Solar panels and wind turbines
Only 40% of developing-country utilities are financially sustainable, World Bank warns
19th June 2024 By: Schalk Burger

The majority of electric utilities in developing countries are ill-equipped to meet growing demand for power and add more renewable energy into the grid, thereby hindering global energy transition... 


Corobrik sets out plans for its Rietvlei operations
Corobrik sets out plans for its Rietvlei operations
19th June 2024

Brickmaker Corobrik has outlined its plans for accessing prime clay at its Rietvlei operations, assuring that while it needs to remove coal deposits, it has no intention of becoming a coal... 


A solar park in South Africa
WEF Energy Transition Index at its highest ever, but global progress slowing
19th June 2024 By: Schalk Burger

The global energy transition to a more equitable, secure and sustainable energy system is still progressing, but has lost momentum in the face of increasing uncertainty worldwide, international... 


Rand currency
South African inflation stable but still above central bank objective
19th June 2024 By: Reuters

South African inflation was stable in May, data showed on Wednesday, but analysts do not expect interest rate cuts any time soon as it remains above the central bank's desired level. Headline... 


Fruit and vegetables being sold at market
South Africa finds high prices, lack of competition in its fresh produce market
19th June 2024 By: Reuters

South Africa's competition watchdog has uncovered barriers to entry, distorted competition and price mark-ups in its fresh produce market, according to a provisional report released on Tuesday... 


An image of CESA CEO Chris Campbell
Latest Cesa survey highlights urgency of joint public, private effort on infrastructure
18th June 2024 By: Tasneem Bulbulia

Consulting Engineers South Africa (Cesa) on Tuesday released its Bi-Annual Economic and Capacity Survey (BECS) findings, revealing a stark 22% decline from July to December of 23, marking the... 


Stock surge hints at sentiment turn after election
18th June 2024 By: Bloomberg

South Africa’s stock benchmark rallied the most this year, suggesting investors are turning positive on the nation’s equities after the longest daily streak of outflows in three years. The rand and... 


Biotech startup closes latest funding round, bringing total to R24.5m
18th June 2024 By: Schalk Burger

Stellenbosch-based biotechnology start-up Immobazyme has successfully closed its latest funding round, bringing its total investment to R24.5-million. The new injection of capital will enable the... 


Flashback to the listing of Southern Palladium on the Johannesburg Stock Exchange two years ago.
Southern Palladium remains committed to advancing Bengwenyama project
18th June 2024 By: Martin Creamer

The completed prefeasibility study (PFS) drilling campaign for the Bengwenyama platinum group metal (PGM) project, on the eastern limb of South Africa’s distinctively endowed Bushveld Complex, is... 


Image of Telkom signage on building
Telkom achieves stronger 2024 financial results
18th June 2024 By: Natasha Odendaal

JSE-listed Telkom on Tuesday posted an improvement in its financial results for the year ended March 31, 2024, supported by its next-generation offerings and cost-optimisation efforts. The group... 


Botswana may fall short of 4.2% growth target
18th June 2024 By: Reuters

Botswana's economy may fall short of the government's 4.2% growth target for this year, a senior central bank official said on Tuesday, citing global and domestic constraints. Finance minister... 


Malaysia is planning to join BRICS, PM says
Malaysia is planning to join BRICS, PM says
18th June 2024 By: Bloomberg

Malaysian Prime Minister Anwar Ibrahim said that the Southeast Asian nation will join the BRICS economic bloc, becoming the latest country to take part in an expanding group seen challenging the... 


Reserve Bank to first cut repo rate in November - Reuters poll
Reserve Bank to first cut repo rate in November - Reuters poll
18th June 2024 By: Reuters

South Africa's Reserve Bank is seen waiting until November before it cuts its repo rate as economists continue to roll back their expectations when policy easing kicks off in response to slowing... 


Rolls-Royce unveils hybrid electric powerpack for armoured vehicles
18th June 2024 By: Rebecca Campbell

UK-based global major power and propulsion systems group Rolls-Royce has announced that its Germany-based Power Systems division had launched a hybrid diesel and battery-electric powerpack concept... 


stor-age facility
Stor-Age reports strong financial performance
18th June 2024 By: Darren Parker

JSE-listed self-storage real estate investment trust Stor-Age has reported robust financial results for the 2024 financial year ended March 31, showcasing significant growth in rental rates and... 


TNPA's head office at the Port of Ngqura
TNPA moves to integrate desalination, renewables at Port Elizabeth and Ngqura ports
18th June 2024 By: Terence Creamer

South Africa’s Transnet National Ports Authority (TNPA) has issued requests for proposal (RFPs) for the construction of two solar-powered seawater desalination plants and a hybrid... 


Thungela Resources active in Mpumalanga.
Thungela poised to spend R3.9bn capital in South Africa
18th June 2024 By: Martin Creamer

Johannesburg Stock Exchange-listed Thungela Resources is poised to spend R3.9-billion worth of capital in South Africa going forward. An estimated R1.3-billion of this capital expenditure (capex)... 


Image of Southern African Association of Freight Forwarders (SAAFF) CEO Dr Juanita Maree
Yes, there are problems at SA ports, but World Bank report not entirely accurate – SAAFF
18th June 2024 By: Irma Venter

The newest World Bank Container Port Performance Index (CPPI) report, which places a number of South African ports at the bottom of the list, covers the crisis-ridden 2023 period, and does not take... 


New government partners poised for Cabinet battle
18th June 2024 By: Bloomberg

South African political parties that last week agreed to form a governing alliance are limbering up for a tussle over cabinet positions, as President Cyril Ramaphosa prepares to be sworn in for a... 


Paul Mashatile and Cyril Ramaphosa at the first sitting of the seventh democratic Parliament on June 14 where Ramaphosa was re-elected President by the National Assembly
S&P does not foresee any significant policy shift under GNU
18th June 2024 By: Creamer Media Reporter

S&P Global Ratings does not expect any significant policy shift as a result of South Africa's government of national unity (GNU) formed following the May 29 elections when the African National... 


V&A executive manager: operations André Theys
V&A Waterfront signs deal to raise green-electricity contribution to 70% by 2026
18th June 2024 By: Terence Creamer

Cape Town’s V&A Waterfront has signed a ten-year power purchase agreement (PPA) with Etana Energy for 43 GWh of renewable energy yearly, which will result in wind and solar supplying 70% of the... 


Parliament must play central role in GNU – business
Parliament must play central role in GNU – business
18th June 2024 By: Thabi Shomolekae

Business Leadership South Africa (BLSA) noted on Tuesday that in addition to ensuring accountability and being effective in the law-making process, Parliament must be careful not to frustrate... 


Eskom targets JETP funds and partnerships for 2 GW clean-energy pipeline
Eskom targets JETP funds and partnerships for 2 GW clean-energy pipeline
14th June 2024 By: Terence Creamer

Having recently confirmed a decoupling of its just energy transition strategy from the decommissioning of its coal-fired power stations, Eskom is aiming to finalise business cases for a pipeline of... 


Industry body calls for new govt to re-set the country’s maritime agenda
14th June 2024 By: Rebecca Campbell

South African non-profit advocacy company, the Maritime Business Chamber (MBC), has called on the incoming seventh administration of democratic South Africa to re-set the country’s maritime agenda.... 


Gemdax co-founder and partner Anish Aggarwal.
Probably more diamond industry uncertainty now than at any other point – Gemdax
14th June 2024 By: Martin Creamer

While the diamond sector probably has more uncertainty now than at any other point, participants also probably have a bigger opportunity than ever to shape what the future will look like. “One... 


Eskom CEO Dan Marokane
NTCSA on track to begin trading on July 1, Marokane says
14th June 2024 By: Terence Creamer

Eskom CEO Dan Marokane has confirmed that the National Transmission Company South Africa (NTCSA) is on track to begin trading on July 1 and that the new entity was being set up to operate as a... 


HRMP Logistics CEO Musa Makunga
HRMP unveils R17.5m warehouse expansion at Dube TradePort
14th June 2024 By: Sabrina Jardim

Logistics company HRMP has inaugurated a R17.5-million warehouse expansion at Dube TradePort (DTP) TradeZone 2, in KwaZulu-Natal. For the past six years HRMP, which specialises in the transport of... 


Cyril Ramaphosa
Unity government parties back rapid economic growth
14th June 2024 By: Bloomberg

South Africa’s African National Congress and the Democratic Alliance committed to “rapid, inclusive and sustainable” economic growth in an agreement on forming a so-called government of national... 


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The Southern African Institute of Mining and Metallurgy
The Southern African Institute of Mining and Metallurgy

The SAIMM started as a learned society in 1894 after the invention of the cyanide process that saved the South African gold mining industry of the...

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ESAB South Africa

ESAB South Arica, the leading supplier of high-end welding and cutting products to the Southern African industrial market is based in...

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Supplier & Distributor of the Widest Range of Accurate & Easy-to-Use Alcohol Breathalysers

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AQS Liquid Transfer

AxFlow AQS Liquid Transfer (Pty) Ltd is an Importer and Distributor of Pumps in Southern Africa

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