All sectors and companies need software skills as AI's impact grows – BCG

AI is having an impact across all sectors and companies are realising that they need software capabilities to manage AI deployments, as these are not available in every company or business... 

Joburg's City Power needs capable people, control of its revenue and the private sector – CDE

Johannesburg’s troubled electricity utility City Power’s infrastructure is deteriorating, its finances are precarious, much of the bulk electricity it buys never becomes revenue and it has been... 

114 MW SunCentral 1 reaches commercial operation

Renewable energy company SolarAfrica's 114 MW SunCentral 1 plant, in the Northern Cape, has reached commercial operation. This is an important step for the company's move to delivery and operation... 

Schneider Electric celebrates 55 years in South Africa

Electricity technology and automation company Schneider Electric celebrates 55 years of operation in South Africa and commits to supporting the country as it expands and modernises its energy and... 

BII commits $65m for Zambia sustainability bond, Zim agricultural trade finance

UK development finance institution British International Investment (BII) has committed $65-million to support financing initiatives in Zambia and Zimbabwe. In Zambia, BII is anchoring the Zambia... 

Four 2026 Africa Prize for Engineering Innovation finalists selected

Four innovations – a urine-to-fertiliser system; a mobile dialysis machine; a portable electrocardiogram machine; and a medical monitoring system – developed by African entrepreneurs have been... 

Itac recommends maintaining antidumping duties on ropes, cables from Germany and the UK

The International Trade Administration Commission of South Africa (Itac) has recommended that the current antidumping duties on ropes and cables from Germany and the UK be maintained. It... 

PPC reports earnings growth as Zim operations deliver ‘outstanding’ performance

JSE-listed cement and construction materials company PPC notes in a trading update for the five-month period to August 31, that group earnings before interest, taxes, depreciation and amortisation... 

Draft electricity pricing policy published, SAWEM start needs to be set – BLSA

While the recently published draft Electricity Pricing Policy, which is due to be finalised by March 2027, will support a competitive electricity market, the launch of the South African Wholesale... 

Hyphen’s ambitious Namibia green hydrogen project to receive $5.93m grant from AfDB

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... 

ASI acquires majority stake in Conekt Group

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,... 

World urged to invest more in electrification, renewables capacity to meet decarbonisation goals

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... 

Standard Bank, Stellenbosch University form ethical AI in business partnership

Financial services firm Standard Bank and the Stellenbosch University School for Data Science and Computational Thinking have formed a partnership to explore and develop a framework for responsible... 

Oceana reports steady revenue, increased operating profit

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... 

Veolia, Norfund to help AMSA develop resource efficiency projects

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... 

Ransomware incident recovery times improve, but remain lengthy in South Africa

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.... 

Vital that new professional civil service legislation be implemented – BLSA

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... 

York Timber will restructure, unbundle Stadsrivier and Mbulwa assets

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... 

Mpact disposes of Versapak Paarl property for R185m

JSE-listed paper and plastics packaging and recycling company Mpact has disposed of its Versapak Paarl property to joint venture (JV) Inofort for R185-million. The 29 541 m2 property is on the... 

Africa's cities adopting AI, can deploy AI micro-services as part of first phase – BCG

While most cities in Africa currently deploy only a limited number of AI systems, African urban centres can partner with local innovation ecosystems to deploy targeted, incremental AI services that... 

Afreximbank, DBSA contribute to fund to advance bankable projects in Southern Africa

Multilateral trade finance institution the African Export-Import Bank (Afreximbank) and development finance institution (DFI) the Development Bank of Southern Africa (DBSA) will each contribute... 

IDC-supported Club Med Tinley resort opens in KwaZulu-Natal

The Club Med South Africa Beach and Safari resort at Tinley Manor Beach, on the KwaZulu-Natal north coast, is one of the largest tourism and hospitality investments undertaken in the province and... 

Tau requests Itac to review pulp and paper industry tariff structure

Trade, Industry and Competition Minister Parks Tau has requested the International Trade Administration Commission of South Africa (Itac) to undertake a sector-wide review of the paper and paper... 

Flourishing Saab Grintek nurturing in-house, incoming electronic warfare talent

Local electronic warfare (EW) and avionics technology manufacturer Saab Grintek Defence is leveraging its international links to military and defence manufacturer Saab to develop its talent in... 

DCD launches new light tactical vehicle – the Bushbuck

Industrial and defence engineering company DCD Group, which has rebranded as DCD Defence, has launched its new light tactical vehicle the Bushbuck, which is designed to be light and efficient to... 

Trade conditions firmed further in August – Sacci

The South African Chamber of Commerce and Industry’s (Sacci’s) Trade Conditions Survey for August shows that trade conditions improved marginally in July and August and appear to have stabilised,... 

25 t of end-of-life fishing net recycled in first year of harbour-based pilot project

South Africa's first harbour-based fishing net recycling project recycled nearly 25 t of end-of-life fishing net collected from local fishing companies in the first year of the pilot project. The... 

Benus acquires Forever Resorts South Africa

Investment company Benus Trade and Invest, a subsidiary of diversified investment company Community Investment Holdings (CIH), has acquired hospitality and leisure group Forever Resorts South... 

Venture capital sector maturing, says Savca

While the deployment of venture capital (VC) in South Africa in 2025 moderated from the record levels achieved in 2024, investment activity for the year remained well above historical norms and... 

YW's IronOak takes over 65% of three Pepkor distribution centres

Financial services and investment firm YW Capital and corporate and investment bank RMB have completed a R2.25-billion transaction that will see YW Capital's industrial and logistics real estate... 

Absa manufacturing confidence index down to 27 points in the third quarter

Business confidence in the manufacturing sector deteriorated by four index points quarter-on-quarter to 27 in the third quarter of the year, as weak domestic demand, deteriorating export activity... 

South Africa secures $1bn loan from NDB for reform of metro trading services – Treasury

South Africa has signed a $1-billion loan agreement with development finance institution the New Development Bank to upgrade metropolitan municipal services infrastructure as part of the Metro... 

Attacq grows distributable income by 15.5%, final dividend by 17.2%

JSE- and A2X-listed real estate investment trust Attacq has reported normalised distributable income per share (DIPS) growth of 15.5% to 125.1c for the financial year ended June 30. It also... 

Salga, Emfuleni pilot digital cemetery management platform

The South African Local Government Association (Salga) and the Emfuleni local municipality have launched a digital Cemetery Management Platform to modernise and digitise cemetery management and... 

UK-South Africa township, rural connectivity partnership launched

The R7-million UK-backed Advancing Sustainable Connectivity and Community-Led Digital Economies in South Africa initiative is aimed at expanding affordable digital connectivity, strengthening... 

Ten-year sentence handed down for fuel theft, pipeline tampering

State-owned Transnet Pipelines (TPL) has welcomed the ten years’ imprisonment sentence handed down to a person last week for tampering with critical pipeline infrastructure and the theft of about... 

Omnia receives R21.8bn buyout bid from India-headquartered group

JSE- and A2X-listed Omnia has announced that Solar SA Investments has made an offer to acquire all of Omnia’s issued ordinary shares in an all-cash transaction valued at R21.8-billion, after which... 

Precautionary limit placed on sardine catches, despite no further mortality reports

The Department of Forestry, Fisheries and the Environment (DFFE) has received no further reports of dead or dying sardines since September 3, and no strandings have been reported along the... 

RFA, Safla says Durban Gateway Terminal implementing short- and long-term solutions

Industry organisations the South African Freight and Logistics Association (Safla) and the Road Freight Association (RFA) reports that short- and long-term plans to solve the inefficiencies at the... 

Ramaphosa calls for BRICS members to invest in productive capacity

President Cyril Ramaphosa, during an address to the BRICS Business Forum Leaders' Dialogue, held in India this week, called for the bloc to direct investment towards manufacturing and...