BMI lower 2026 steel price forecast, owing to weaker demand

Market research and analysis company BMI has lowered its 2026 forecast for the global steel price slightly to $620/t, down from $625/t in its previous forecast, owing to weaker expected steel... 

ECA urges Southern Africa to strengthen economic resilience to better withstand external shocks

The UN Economic Commission for Africa (ECA) Subregional Office for Southern Africa (SRO-SA) has called on countries in the region to accelerate regional integration, strengthen economic resilience... 

Stage Zero forms solar, backup power funding platform with FirstRand securitisation

Renewable energy company Stage Zero has concluded a securitisation transaction with FirstRand Bank to create a funding platform to support the continued rollout of its managed solar and backup... 

District Energy Council in Upington the first in national pilot programme

The Department of Electricity and Energy (DEE) has launched a District Energy Council (DEC) in Upington, in the Northern Cape, that includes representatives from the DEE, State-owned utility Eskom,... 

June 30 protest not protected under Labour Relations Act, Seifsa warns workers

The June 30 national shutdown protest action being planned by anti-illegal-immigration group March & March is not a protected action in terms of the Labour Relations Act and employees participating... 

Amendment Bill must balance rights of occupiers with safeguarding public housing assets – Nasho

The proposed Amendment Bill for the Prevention of Illegal Eviction from and Unlawful Occupation of Land (PIE) Act must strike an appropriate balance between protecting the rights of occupiers and... 

Stocks & Strauss closes R400m University Technology Fund II

Early-stage companies investment firm Stocks & Strauss has reached final close of the R400-million University Technology Fund (UTF) II. The close raises the total capital across its... 

Hyprop on track to deliver 10% to 12% growth in full-year distributable income

JSE-listed retail-focused real estate investment trust (Reit) Hyprop Investments says it remains on track to deliver growth in distributable income per share (DIPS) of 10% to 12% for the financial... 

Africa adds 4.2 GW new hydropower in 2025, only 10% of hydropower resources being tapped

Africa added more than 4.2 GW of new hydropower capacity in 2025, which is the second successive year new hydropower capacity added exceeded 4 GW, says the International Hydropower Association... 

Schreiber calls on citizens to upgrade to smart IDs as more bank branches join digital partnership

Home Affairs Minister Dr Leon Schreiber calls on citizens who still have the green identity document (ID) to switch to a smart ID through the 203 bank branches that are now part of the department's... 

dtic’s partnership with Afreximbank to provide access to trade, industrial finance

Trade, Industry and Competition Minister Parks Tau has signed an agreement with multilateral financial institution the African Export-Import Bank (Afreximbank) for South African businesses,... 

IEA holds second energy strategies dialogue for COP31

International organisation the International Energy Agency (IEA) hosted the second in a series of High-Level Energy Transition Dialogues on June 23, ahead of the COP31 summit to be held in Antalya,... 

Multilateral development banks remain relevant, more progress on reforms needed

Multilateral development banks (MDBs) remain highly relevant to their clients, and their relevance has increased over the past five years, although there is a need for further progress on reform of... 

New tech holds promises for energy, medicine – WEF report

Ten new technologies, identified in international organisation the World Economic Forum's (WEF's) 'Top 10 Emerging Technologies Report 2026', are approaching a critical inflection point where... 

Sustainability viewed as competitive, as risk of disorderly climate transition grows

As concerns grow about the risks of a disorderly climate transition, business leaders worldwide view sustainability as a driver of competitiveness and resilience, says business organisation the... 

Master Power Technologies opens Midrand customer experience centre

Data centre and critical infrastructure power systems manufacturer Master Power Technologies (MPT) has opened a customer experience centre at its offices in Midrand, Gauteng, where customers can... 

Rexroth takes customers on tour of production facilities to celebrate sixtieth anniversary

Hydraulics, pneumatics and automation group Bosch Rexroth South Africa took customers on a tour of its production facility in Witfontein, Gauteng, on June 19, as it celebrated its sixtieth... 

Demand for electricity to outpace economic growth and reshape investment

Global electricity demand is set to outpace economic growth as part of a broader trend up to 2030, with electricity consumption projected to grow at least two-and-a-half times as fast as overall... 

Demand for electricity to outpace economic growth and reshape investment

Global electricity demand is set to outpace economic growth as part of a broader trend up to 2030, with electricity consumption projected to grow at least two-and-a-half times as fast as overall... 

Necsa, Siemens Energy form energy technology partnership

The South African Nuclear Energy Corporation (Necsa) and energy technology company Siemens Energy have signed a nonbinding agreement to strengthen collaboration in energy, technology and... 

Paramount, Kalyani launch Simha 4x4 light armoured multipurpose vehicle

Aerospace and defence technology group Paramount and defence company Kalyani Strategic Systems Limited (KSSL) have launched the Simha 4x4 light armoured multipurpose vehicle. The Simha was... 

dtic to host second International Special Economic Zones conference in July

The Department of Trade, Industry and Competition (dtic) will host the second International Special Economic Zones Infrastructure and Investment conference at the Durban International Convention... 

Tau, parliamentary committee welcome Tongaat agreement, liquidation withdrawal

Trade, Industry and Competition Minister Parks Tau has welcomed the withdrawal of the liquidation proceedings of sugar milling company Tongaat Hulett and praises stakeholders who worked to secure a... 

Scatec starts building 120 MW Sidi Bouzid II solar plant in Tunisia

Renewable energy company Scatec has reached financial close and started construction on the 120 MW Sidi Bouzid II solar plant, in Tunisia. The €96-million project is expected to reach commercial... 

Cape Town calls on Transnet to improve port efficiencies

The City of Cape Town again calls for State-owned Transnet to accelerate initiatives to improve efficiencies at the Port of Cape Town. South Africa cannot afford a port that underperforms, and all... 

PIC chair Masondo defends board member Thabi Nkosi

State-owned asset management firm Public Investment Corporation (PIC) chairperson Dr David Masondo says PIC board member Thabi Nkosi serves on the board because of her qualifications, experience... 

IDC to become Vision shareholder as agreement reached to rescue Tongaat

The business rescue practitioners (BRPs) of Tongaat Hulett have reached an agreement with the Industrial Development Corporation of South Africa (IDC) and the Vision Group of companies to preserve... 

Phelan Green selects Johnson Matthey technology for Saldanha eSAF plant

Renewable energy company Phelan Green Hydrogen says it has licensed technologies from advanced metals chemistry company Johnson Matthey Catalyst Technologies for its planned electro‑sustainable... 

City of Joburg not sharing how it will deal with Eskom interruption threat - JCA

Civil society organisation the Johannesburg Crisis Alliance (JCA) says the City of Johannesburg (CoJ) has not provided information to residents and businesses about State-owned Eskom’s threatened... 

Itac recommends increase in import duties for thin gauge, corrosion resistant steel coil

The International Trade Administration Commission of South Africa (Itac) has recommended the imposition of safeguard measures on imports of corrosion resistant steel coil products for a period of... 

DFFE launches e‑waste collection and recycling pilot project in Cape Town

The Department of Forestry, Fisheries and the Environment (DFFE) has launched the 'E‑Waste Collection and Recycling Pilot Project' in Cape Town, which marks the eleventh e-waste drop-off and... 

SAPVIA calls for fair access to limited grid as new renewable utility Eskom Green powers up

Industry organisation the South African Photovoltaic Industry Association (SAPVIA) welcomes the establishment of State-owned renewable-energy utility Eskom Green, but calls for assurance that... 

Fitch upgrades Eskom to B+, in line with South Africa's credit rating

Credit rating agency Fitch Ratings has upgraded State-owned Eskom's credit rating to B+ with a stable outlook, up from a B rating, in line with the recent improvement in South Africa’s sovereign... 

TIA, Coega form industrialisation innovation partnership

The Coega Development Corporation (Coega) and the Technology Innovation Agency (TIA) have formed a partnership to advance South Africa’s innovation and industrialisation agenda. The strategic... 

Samsung launches innovation campus programme at Durban University of Technology

Electronics manufacturer Samsung has launched its Samsung Innovation Campus (SIC) programme at the Durban University of Technology (DUT) to establish a strategic partnership that will help equip... 

Critical minerals are reshaping global trade as demand surges – Unctad

As the global economy shifts towards cleaner energy systems, electrification and digital technologies, more countries are competing for access to critical minerals. Clean technologies will account... 

Researchers highlight road design, maintenance and behaviour as contributors to road incidents

The effectiveness of the designs of roads for their actual use, the maintenance of road infrastructure to ensure its effective functioning as road users expect and the behaviour of road users all... 

Study shows there is potential for biofuels but SA needs base price to drive development

The South African Sorghum Bioethanol Study, produced by market research and strategy company BluePrint and commissioned by the Localisation Support Fund, shows that there are viable commercial... 

Treasury achieves budgeted foreign currency funding requirement for 2026/27

The National Treasury has successfully achieved its budgeted foreign currency funding requirement for the 2026/27 fiscal year. The $3.2-billion foreign funding programme has been fully funded... 

Airlink to open twice weekly flights from Cape Town to Mauritius

Airline Airlink will start twice-weekly direct Cape Town to Mauritius flights from October 2, with bookings now open for flights on this route. The new route will be Airlink’s first to the Indian...