Discovery Green inks 10yr PPA to supply Afrox’s Kuilsrivier ASU with renewable energy

Industrial gases and welding products company Afrox has signed a ten-year power purchase agreement (PPA) with renewable energy trading company Discovery Green to supply renewable energy to Afrox's... 

Sustained Middle East conflict could push global insolvencies up by 10% this year

Global business insolvencies are set to rise by 6% this year, on the back of a 6% rise in 2025, which would result in the fifth consecutive year of growing insolvencies, before plateauing at a high... 

AI biggest driver of change in cybersecurity, boosting response and resilience – WEF

Organisations deploying AI strategically are achieving significant advantages, and 77% of organisations already use AI in their cyber operations, global organisation the World Economic Forum’s... 

UJ brings ancient structures at heritage site to life through augmented reality reconstruction

The University of Johannesburg (UJ) has launched an augmented reality platform for visitors to the Melville Koppies Nature Reserve and heritage site to use their smartphones to view digital... 

Two miners die in incident at Sibanye-Stillwater’s Kloof 8 shaft

JSE- and NYSE-listed metals mining company has announced that two employees have died in an incident at its Kloof 8 shaft on May 3. During preparations for a routine, scheduled shaft inspection, an... 

Nampak appoints Thiruvashani Naicker as CFO

JSE-listed packaging producer Nampak has appointed Thiruvashani Naicker as CFO and executive director, with effect from August 1. Her appointment follows the resignation of Glenn Fullerton, with... 

Estimates for late mandarin exports are stable – CGA

Industry organisation the Citrus Growers’ Association of Southern Africa (CGA) says its late mandarin export estimate for the 2026 season confirms that there is stability in production, although... 

Metair refinances remaining South African subsidiaries' debt package

JSE-listed automotive components manufacturer Metair has refinanced the R3.3-billion debt package of its remaining South African subsidiaries to extend the term of the debt package to five years.... 

Municipal engineers raise red flags over local govt White Paper overhaul

Industry organisation the Institute of Municipal Engineering of Southern Africa (Imesa) says the draft White Paper on Local Government has critical gaps, despite the latest rounds of consultation... 

Utilities, fuel prices impact more on households than food inflation – BFAP

State-owned Eskom’s 8.76% hike in electricity tariffs for the 2026/27 financial year, combined with higher fuel prices, are compromising the food security of South African households by eroding... 

Amazon, WomHub launch sustainable women-led incubator programme

Online retailer and cloud computing provider Amazon and enterprise advisory firm WomHub have launched the Amazon Sustainable Sellers Incubator – a nine-month programme designed to empower 35 South... 

Wine industry welcomes zero-tariff access to China market

South African wine industry organisations South Africa Wine and Wines of South Africa (WoSA) have welcomed the zero-tariff regime on South African wine exports to China, which is expected to come... 

AgriSA, Agbiz welcome fuel relief extension, but warn that risks remain

Agricultural organisations AgriSA and the Agricultural Business Chamber of South Africa (Agbiz) have welcomed the extension of the temporary fuel levy relief measures through May and June, saying... 

Tribunal approves Fairfield Dairy’s acquisition of Ladismith Cheese

The Competition Tribunal has approved, with conditions, the merger in which Fairfield Dairy will acquire the entire issued share capital of Ladismith Cheese, after which it will be solely... 

Combination of data, people and ecosystems to provide competitive advantages – WEF

The next wave of competitive advantage will come not from individual breakthrough technologies, but from the ability to combine and scale multiple technologies across entire operating systems, says... 

KfW Development Bank becomes institutional shareholder in ATIDI

The German development bank KfW has become the latest shareholder in development insurer the African Trade and Investment Development Insurance (ATIDI), thereby further strengthening its capital... 

Gaia concludes refinancing of empowerment agreements for the De Aar 1 and 2 wind farms

Cape Town Stock Exchange-listed renewable energy investment fund Gaia Renewables 1 has concluded agreements to refinance empowerment stakes in the 100.5 MW De Aar 1 and 144 MW De Aar 2 wind farms,... 

Fuel levy relief welcomed, but price shock still to impact farmers – SA Canegrowers

Industry organisation the South African Canegrowers Association (SA Canegrowers) has welcomed the extension of the reduced fuel levy for another two months. National Treasury and the Department of... 

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... 

CrossBoundary Energy secures $40m from Inspired Evolution to boost renewable energy deployment

Climate investment firm Inspired Evolution has made a $40-million investment in distributed renewable energy company CrossBoundary Energy to accelerate the deployment of commercial and industrial... 

NEC XON to distribute Pace Digitek's battery solutions in Southern Africa

India-based infrastructure and energy solutions company Pace Digitek has partnered with technology systems integration company NEC XON South Africa to distribute and deploy its product portfolio,... 

BLSA Reform Tracker shows progress, but some institutional reforms are lagging

The Reform Tracker of business organisation Business Leadership South Africa (BLSA) shows that central government reforms are generally progressing, albeit some more slowly, and are broadly moving... 

PPC rehabilitates duo-cell silo at Hercules plant

JSE-listed construction materials company PPC has completed the R26-million major structural rehabilitation of one of the reinforced concrete duo-cell silos at its Hercules plant, in Tshwane,... 

AASA urges Southern African airline industry to be transparent about jet fuel supply plans

Industry organisation the Airlines Association of Southern Africa (AASA) calls on fuel suppliers, depots, airports and governments in the region to urgently share their contingency fuel allocation... 

Hulamin to dispose of its extrusions business

JSE-listed rolled aluminium products manufacturer Hulamin will sell its aluminium extrusions business Hulamin Extrusions to Norsaf ERS for R10-million. The proceeds from the proposed transaction... 

Itac recommends import duties on top-loader washing machines from China, Thailand

The International Trade Administration Commission of South Africa (Itac) has requested the Commissioner of the South African Revenue Service (Sars) to impose definitive antidumping duties on... 

Mondi reports challenging trading conditions, rising material costs

In a trading update for the three months to March 31, JSE-listed packaging and paper company Mondi reports earnings before interest, taxes, depreciation and amortisation (Ebitda) of €212-million,... 

AGC delivering South African-made raise bore machine to a customer in India

Specialised mining equipment manufacturer Atlantis Group of Companies (AGC) has shipped its latest raise bore machine to industrial and mining services company Laxyo, in India. This marks the... 

SAF planned at Saldanha Bay

Energy company Phelan Green, through its clean fuels subsidiary Phelan eFuels, has selected industrial technology manufacturer Honeywell’s renewable fuel process technology for its planned electro-... 

Investec to use $200m IFC loan to support sustainable building in South Africa

Financial services firm Investec Bank has secured a $200-million loan from development finance institution the International Finance Corporation (IFC) to support the expansion across South Africa... 

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... 

Four diverging pathways for global economy show potential split by 2050 – BCG

The global economy could follow markedly different paths over the next 25 years, with four scenarios modelled by think tank Boston Consulting Group Henderson Institute (BHI) indicating that global... 

South Africans adjusting behaviour owing to inflation of everyday goods prices – TransUnion

South African consumers are adjusting their financial behaviour in response to rising cost pressures, with credit bureau TransUnion's 'First Quarter 2026 Consumer Pulse Study' showing meaningful... 

Despite month-on-month decline, business confidence still higher than a year ago

Business organisation the South African Chamber of Commerce and Industry’s (Sacci’s) Business Confidence Index (BCI) declined by 3.3 index points month-on-month to 131.3 points in March. The BCI... 

Procurement shown to be strategic business function, amid supply chain disruptions – CIPS

Global disruptions, including geopolitical conflicts and logistics bottlenecks, have transformed procurement into one of the most strategically important capabilities within modern organisations,... 

Global energy demand up 1.3% in 2025, electricity demand up by 3% – IEA

Global energy demand growth slowed to 1.3% in 2025, which is slightly below the preceding decade’s average of 1.4% and significantly lower than in 2024, while global electricity demand increased by... 

To tap into tourism potential, South Africa must address airport, visa bottlenecks – Mavuso

To seize the opportunity for boosting growth and development presented by tourism, South Africa must address airport capacity constraints, particularly at the OR Tambo International Airport, in... 

Tribunal approves WBHO’s acquisition of Zamori

The Competition Tribunal has approved, without conditions, construction company WBHO Construction's acquisition of all shares of solar project specialist company Zamori. WBHO is part of a broader... 

Oil persists, coal declines, renewables increase by 2040, but global warming to rise through to 2100, says Bain&Co

Even under the low-carbon scenario, modelled by consulting firm Bain & Co in its 'Global Energy and Materials Outlook 2026' report, fossil fuel supply constitutes 52% of global primary energy... 

Infrastructure, services are the cornerstone of economic recovery – Cesa

The delivery of infrastructure and essential services is a basic human right and a cornerstone for economic recovery, and South Africa must move to actionable outcomes that improve lives and...