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,... 

Nersa asks court to extend deadline for final 14 municipal tariff applications

The National Energy Regulator of South Africa (Nersa), on May 13, said it would approach the High Court to seek an extension of the May 11 deadline imposed by the court on February 20 to finalise... 

$150m loan from OPEC Fund to support critical structural reforms – Treasury

Intergovernmental development finance institution, the Opec Fund for International Development has provided a $150-million development policy loan to South Africa, which is aimed at supporting... 

Alvarez & Marsal opens first African office in Cape Town

Global professional services firm Alvarez & Marsal (A&M) has launched its first African office in Cape Town to meet rising demand for support to address complex operational and financial... 

Kwikot expands into HVAC systems manufacturing

Water heating systems manufacturer Kwikot will expand its products range into heating, ventilation and air conditioning (HVAC), as it moves to become a smart energy systems provider. Heating,... 

Nersa approves free basic electricity rate for 2026/27

The National Energy Regulator of South Africa (Nersa) has approved the national Free Basic Electricity (FBE) rate of R2.38/kWh for the 2026/27 municipal financial year, effective from July 1, this... 

Nedbank arranges $700m for Phase 2 of Ivanhoe’s Platreef mine

Financial services firm Nedbank Corporate and Investment Banking (Nedbank CIB) has provided $700-million debt financing for Phase 2 of TSX-listed diversified mining company Ivanhoe Mines' Platreef... 

Geopolitics, energy prices, climate risks reshaping agriculture outlook – Coface

A convergence of geopolitical tensions, higher energy prices and climate risks is reshaping the outlook for agricultural producers, exporters and agribusinesses, thereby creating conditions that... 

Redefine lifts full-year guidance after increasing first-half distributable income by 7.4%

JSE-listed real estate investment trust Redefine Properties reported a 7.4% year-on-year increase in distributable income for the six months ended February 28. This prompted it to increase the... 

Rail safety awards to take place in Oct as part of transport month – RSR

The Railway Safety Regulator (RSR) has announced that the Rail Industry Awards 2026 will take place on October 28 as part of South Africa’s Transport Month programme. Nominations for the awards... 

GoSolr wins award for its brand effectiveness

Solar company GoSolr has been awarded top prizes for the effectiveness of its brand from UK organisation the Design Business Association (DBA). The company won the gold and overall Grand Prix... 

Joburg reviewing transport best practices, current system to design integrated system

The City of Johannesburg's (CoJ's) Johannesburg Development Agency (JDA) is starting with the next phase of the Joburg Comprehensive Integrated Transport Plan (CITP) that will help define what a... 

Lack of transparency on nontariff barriers adding to export costs – Unctad

While tariffs rose sharply in 2025, the biggest costs are from non-tariff measures such as technical regulations, health and safety requirements and certification procedures. These measures... 

Perseus Mining appoints Wade Bickley as incoming COO

ASX- and TSX-listed gold mining company Perseus Mining has appointed Wade Bickley as COO with effect from June 1. Bickley, who will be based out of Perseus’s Dubai office, has more than 25 years of... 

Local govt White Paper aims to create new social contract in municipalities – Hlabisa

Municipalities and the services they provide are foundational for the functioning of society and businesses, and creating effective, efficient and sustainable municipalities is a focus that has... 

Tribunal approves Cape Forests acquisition of merged MTO Forestry, PG Bison Southern Cape

The Competition Tribunal has approved a merger that will see new forestry company Cape Forests Products acquire sole control of the merged entity of softwood forestry company MTO Forestry and... 

Kariba Dam rehabilitation 94% complete, on track for year-end conclusion

Zambia and Zimbabwe bilateral organisation the Zambezi River Authority says the Kariba Dam Rehabilitation Project (KDRP) is about 94% complete and remains on course for completion by the end of the... 

Datatec expects to report higher full-year EPS, HEPS

JSE-listed information and communications technology company Datatec expects to report headline earnings per share (HEPS) of between $0.38 and $0.40 for the financial year ended February 28. That... 

Lower prices, stronger rand contribute to a widened second-quarter loss for Sappi

JSE-listed woodfibre-based products company Sappi posted earnings before interest, taxes, depreciation and amortisation (Ebitda) of $52-million for the quarter ended March 31 – the second quarter... 

Solar and wind solutions paired with battery storage cost-competitive – Irena

Solar and wind energy paired with battery storage are reliable and deliver cost-effective, round-the-clock electricity, says intergovernmental agency the International Renewable Energy Agency... 

Global body partners with four African green building councils on the creation of climate action roadmaps

Global organisation the World Green Building Council (WorldGBC) will support Ethiopia, Kenya, Nigeria and South Africa to develop or advance national climate action roadmaps for their building... 

Eskom reports progress in dialogue with some municipalities struggling to settle debt

State-owned power utility Eskom says notable progress has been achieved as a result of the ongoing dialogue since March with 14 municipalities that have not settled their accounts for bulk... 

UCT researchers release South African languages AI model

Researchers at the University of Cape Town (UCT) have developed a curated multilingual dataset, MzansiText, covering the 11 official written languages, as well as a language model, called MzansiLM,... 

Itac recommends increase in customs duties for some polymer-based pipes, hoses

The International Trade Administration Commission of South Africa (Itac) has recommended an increase in the customs duty on specific polymer-based pipes and hoses. Customs duty on seamless,...