Pityana appointed to WEF’s Africa Regional Stewardship Board . Business Unity South Africa president Sipho Pityana has been appointed co-chair of the World Economic Forum’s new Africa Regional Stewardship Board (RSB).

The RSB is a multi-stakeholder group that wi...

‘Significantly enhanced shareholder scrutiny’ to be expected, Eskom’s De Ruyter says . Eskom’s new CEO is not overly troubled by the prospect of shareholder intrusion in the State-owned electricity utility, saying that a high level of shareholder scrutiny is to be expected given the curr...

Local radioisotope company reports strong recovery . South African State-owned nuclear technology company NTP Radioisotopes (NTP) announced on Tuesday that it had regained 80% of its market share for the medical radioisotope Molybdenum-99 (Mo-99). NTP is...

South African transport operators 'under pressure'; UD Trucks to face year of change . South African transport operators are “under severe pressure” as they face a “tough and erratic economic climate”, says UD Trucks Southern Africa marketing director Rory Schulz.

This said, the South ...

Public Enterprises seeks to assure country about SAA’s future . The Ministry of Public Enterprises on Sunday assured the country that it was in discussions with National Treasury regarding the provision, to State-owned company South African Airways (SAA), of R2-bil...

South Africa consolidates FDI recovery with inflows of $5bn in 2019 . A new United Nations Conference on Trade and Development (Unctad) report estimates that foreign direct Investment (FDI) flows to Africa rose by 3% to $49-billion ($47-billion) in 2019, with South Afric...

Local lithium-ion battery plant to open its doors this year . The Megamillion Energy Company intends to be Africa’s first large-scale producer of lithium-ion batteries, with a mandate to make batteries “in Africa, for Africa’s benefit first”.

Megamillion aims t...

Government to renew efforts on war-on-leaks programme . The departments of Cooperative Governance and Traditional Affairs (Cogta) and Human Settlements, Water and Sanitation have teamed up to breathe life back into government’s war-on-leaks programme.

Hum...

Despite IRP gaps, the outlook for solar in SA has strengthened . One of the first questions posed to Mineral Resources and Energy Minister Gwede Mantashe after Cabinet finally approved the 2019 edition of the Integrated Resource Plan (IRP 2019) in October related to...

Grindrod breaks ground at R105m AutoPort project . Freight logistics group Grindrod has started construction on a new, R105-million AutoPort, just off the N3 in Camperdown, KwaZulu-Natal.

The 270 000 m2 property is located between Pinetown and Pieterm...