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Global major aerospace group Airbus has highlighted the relevance of its C295 aircraft to the South African market, with the company also looking to bolster uptake of the aircraft in the rest of Africa. The aircraft already has an established footprint across some countries on the continent and…
The latest 'Chief Economists’ Outlook' report of the World Economic Forum (WEF), published on Tuesday, shows that 56% of the chief economists surveyed believe that the global economy is stabilising or improving. This represents a dramatic turnaround from the previous Outlook, published in May, in…
Licensed electricity trader Discovery Green has launched a proprietary renewable-energy operating system that combines AI with the larger group’s actuarial expertise to offer its business clients a tailored way of deploying renewables to further reduce their emissions and lower electricity costs…
The Energy Council of South Africa, a public-private partnership at CEO level, has announced the opening of nominations for the country’s inaugural National Energy Awards, which are endorsed by the Department of Electricity and Energy (DEE). The purpose of the awards is to highlight and celebrate…
The Tshwane University of Technology’s (TUT’s) SunChaser 4 has won top honours in the 2026 Sasol Solar Challenge. The local team crossed the finish line first in the eight-day race from Sasolburg to Franschhoek this month, ahead of overseas competitors Solar Energy Racers from Switzerland and Team…
The City of Cape Town’s (CoCT’s) pilot pooled wheeling programme has reached a new milestone, with around 3.1 GWh of electricity now wheeled between participating private generators and customers using the city’s electricity network. This city says the programme is ready to shift into a higher…
Development finance institution the African Development Bank Group (AfDB) has selected green hydrogen development company Hyphen Hydrogen Energy for a prospective $5.93-million reimbursable grant under the Sustainable Energy Fund for Africa (SEFA) Green Hydrogen Programme. The grant will…
Financial services and investment firm ASI Financial Services has acquired a majority stake in Johannesburg-based managed information and communications technology (ICT) provider Conekt Group, which will now trade as ASI Connect. The partnership combines Conekt's more than 30 years of enterprise…
Botswana now expects a much smaller budget deficit this fiscal year thanks to higher-than-expected revenue from the central bank and measures to contain spending, Finance Minister Ndaba Gaolathe said on Tuesday. Gaolathe told an investment conference that the projected deficit for the 12 months to…
The world can close the gap to meet the globally agreed 2030 renewable energy goal, but must almost double the record 693 GW of new renewables capacity added in 2025 to about 1.2 TW a year between 2026 and 2030, says the International Renewable Energy Agency (Irena). The worldwide total installed…
Automotive company Nissan has launched the new Nissan Tekton for the South African market during the company’s Nissan Auto Festival, held at the Gallagher Convention Centre, in Midrand, on September 21. Nissan Africa and Europe president Jordi Villa said South Africa is the first African market to…
JSE-listed fishing company Oceana says its revenue for the 11 months to August 31 was in line with that of the 11 months to August 31, 2025, while operating profit increased, driven by improved performances from Lucky Star foods, fishmeal and fish oil (US) and Wild caught seafood, and partly…
Steel producer ArcelorMittal South Africa (AMSA), environmental services company Veolia and Norwegian developing country investment fund Norfund have entered into a development agreement to advance a portfolio of practical, investable energy, water and resource-efficiency projects across AMSA’s…
JSE-listed Aveng has reported that David Simpson will be stepping down from his role as interim CEO to make way for CEO designate Fraser Wyllie, who is set to begin his tenure on October 1. The announcement comes amid Aveng’s efforts to continue bolstering its operational performance and remain…
The second-quarter Afrimat Construction Index (ACI) has recorded a 5% quarter-on-quarter increase, outperforming the country’s GDP by a considerable margin. Economist Dr Roelof Botha, who compiles the quarterly index on behalf of Afrimat, says even though the index’s year-on-year increase of 0.7%…
Industry body SA Canegrowers says retailers are not honouring their commitment to purchase South African-produced sugar, which puts rural livelihoods at risk. South Africa’s retailers and food and beverage manufacturers previously made a promise: to buy sugar produced in South Africa. However, SA…
Only 40% of the 135 South African organisations that experienced ransomware incidents in the past year recovered from their ransomware attack within one week, down from 47% in the year before. Further, 13% of organisations took one to six months to recover, down from 19% in the prior year.
The International Trade Administration Commission of South Africa (Itac) has released preliminary determinations arising from the second phase of its wide-ranging steel tariff review, which has so far attracted significant public interest. The preliminary determinations were published on September…
The professionalisation of the civil service is a key area of concern for organised business in South Africa's effort to support improved service delivery and some steps have been taken by the government to improve performance, including the signing into law of the Public Service Commission (PSC)…
African central banks from South Africa to Egypt are poised to keep their interest rates high for longer, seeking to shield their economies from shocks such as surging energy prices caused by the Iran war and to support their currencies. Of the 11 central banks due to deliver their interest-rate…
An updated version of the network statement that will govern access to the South Africa’s railways system for the two financial years of 2026/27 and 2027/28 has been Gazetted by the Department of Transport and published by the Transnet Rail Infrastructure Manager (TRIM). Known as Network Statement…
JSE-listed solid wood processor York Timber says its board has resolved to restructure and optimise the York group and will proceed with the separation and unbundling of the business operations conducted through Stadsrivier Vallei and Mbulwa Estate. In a trading statement, the company says it…
State-owned aerospace and military technology company Denel systems engineer Dr Makhabane Molapo has outlined his view of what the struggling entity should pursue to revitalise this strategic asset for defence sovereignty and industrial growth on the continent. Speaking during the conference…
