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Trade, Industry and Competition Minister Parks Tau has launched the upgraded beneficial ownership register, through which accredited users from law enforcement agencies can get beneficial ownership...
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...
KPMG South Africa, which is composed of audit services entity KPMG Incorporated and advisory and tax services entity KPMG Services (Proprietary) Limited, has announced that it will relocate its...
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...
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...
The Unemployment Insurance Fund (UIF) and the National Empowerment Fund (NEF) on September 25 launched a R1-billion partnership, which aims to stimulate enterprise growth and create upwards of 30...
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...
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,...
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...
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...
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...
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...
The World Bank Group has announced that, during fiscal year (FY) 2026, it mobilised a greater amount of private capital than it had done in any year since it was set up in 1944. The private capital...
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...
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...
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...
Airnergize Capital, the clean technology investment platform of New GX Capital, has confirmed the final close of Fund I at R3.89-billion, with the Development Bank of Southern Africa (DBSA)...
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...
Financial services firm Absa Corporate and Investment Banking has increased the financing facilities for logistics and industrial infrastructure developer Newlyn Group to R5.1-billion. Newlyn...
JSE-listed real estate investment trust Growthpoint Properties reported a 4.3% year-on-year increase in distributable income per share (DIPS) to 152.6c and a 3.8% increase in net asset value to...
Financial services firm Standard Bank and corporate finance advisory firm Java Capital have formed a partnership to create an integrated advisory, capital-raising and financing services and...
The Competition Commission has recommended that the Competition Tribunal approve, with conditions, the proposed acquisition by Netherlands solar power systems company EMIF II of renewable energy...
Diversified financial services group Capitec has been approved for a secondary listing on licensed stock exchange A2X Markets, with its shares to be available for trade on the A2X from September 7....
JSE-listed commercial property company Growthpoint Properties has completed phase one of the R75-million redevelopment of the Walmer Park Shopping Centre, in Gqeberha, in the Eastern Cape, with the...
African infrastructure and industrial development financing group, the Africa Finance Corporation (AFC), has, in order to strengthen its risk management capabilities, created a new subsidiary...
JSE-listed services and trading group Bidvest has reported a 2.9% year-on-year increase in revenue to R130.3-billion for the financial year ended June, while trading profit increased by 8.4%...
JSE-listed poultry and animal feed producer Rainbow Chicken recorded a 7.7% year-on-year increase in revenue to R17.1-billion for the financial year ended June 28, while earnings before interest,...
Engineering News editor Terence Creamer discusses the Industrial Development Corporation’s recent loss and some of the big policy choices that could affect its role and outlook.
JSE-listed construction materials company PPC has extended the contract of its CEO Matias Cardarelli to March 31, 2030. Cardarelli has served as CEO since December 2023 and, in the past two and...
The biggest private-sector employment initiative for the youth in South Africa, the Youth Employment Service (YES), has announced that it has entered a strategic partnership with automotive...
JSE-listed food services multinational Bidcorp increased its revenue for the financial year ended June 30 by 2.8% year-on-year to R242.2-billion, while its trading profit increased by 6.5% to...
JSE-listed platinum group metals (PGMs) miner Northam Platinum says it will initiate a strategic, competitive process to proactively solicit proposals from interested parties for one or more...
State-owned freight operator Transnet has invited requests for proposals (RFPs) for 15 noncore properties, including the Carlton Centre, in Johannesburg; the Bloemfontein Golf Course, in the Free...
JSE-listed tile manufacturer Italtile has reported a 0.6% year-on-year increase in revenue to R11.3-billion for the financial year ended June 30, while trading profit decreased by 10.4%...
JSE-listed paper and plastics packaging company Mpact increased its revenue for the six months to June 30 by 1.1% year-on-year to R5.96-billion, and declared an interim dividend of 15c a share,...
Financial services firm Absa has been appointed master custodian to the Government Employees Pension Fund (GEPF) – Africa’s largest pension fund, with more than R3.5-trillion worth of assets under...
Asset management company Westbrooke has invested more than R750-million in three South African founder-led and family-owned entrepreneurial businesses. The first investment was to form a...
President Cyril Ramaphosa has appointed Nhlanhla Nene as chairperson of the Financial and Fiscal Commission (FFC) and Malijeng Ngqaleni as its deputy chairperson. Additionally, Bulelwa Nqadolo, Neo...
Two advisers on Dangote Petroleum Refinery's Initial Public Offering (IPO) on Tuesday announced a $1-billion underwriting programme for the offering, which could become Africa's largest. Marob...
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SABAT Batteries is a renowned brand in the battery industry, manufacturing a wide range of batteries at its state-of-the-art production facility in...
VISIT SHOWROOMFor over 30 years, Werner South Africa Pumps & Equipment (PTY) LTD has been designing, manufacturing, supplying and maintaining specialist...
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