Intellidex market research forecasts ANC will win with 57% of votes. Markets believe there is only a one-third chance of growth-boosting reform after the elections and that there is a 75% probability of President Cyril Ramaphosa remaining in his seat until 2022, at leas...

Ekurhuleni Aerotropolis core to Albertina Sisulu Corridor development plans. The Albertina Sisulu Corridor – which links the Johannesburg central business district (CBD), OR Tambo International Airport and Pretoria – is benefiting from the establishment of public–private partne...

MTN appoints Jonas chairperson designate, establishes international advisory board. JSE-listed telecommunications giant MTN Group has established an international advisory board (IAB), led by political and business heavyweights. The group also plans on effecting an “evolution of th...

Seifsa welcomes PMI increase to 47.2 in April. The Steel and Engineering Industries Federation of Southern Africa (Seifsa) has welcomed the increase in the seasonally-adjusted Absa Purchasing Managers’ Index (PMI) for April. Chief economist Dr M...

April new-vehicle sales rise by 0.7%, exports by nearly 54% – Naamsa. The National Association of Automobile Manufacturers of South Africa (Naamsa) on Thursday reported that the latest new-vehicle sales reflected a “welcome surprise” on the upside, with export sales cont...

Nedbank reports ‘overwhelmingly positive’ response to pioneering renewable-energy bond. Financial services group Nedbank reported an “overwhelmingly positive” market response on Tuesday to its pioneering listing of a renewable-energy bond on the Green Bond Segment of the JSE. Nedbank b...

NUM calls for reskilling of Eskom workers to equip them for clean-energy jobs. The National Union of Mineworkers (NUM) has called for greater attention to be given to the reskilling of Eskom workers “so that they can be absorbed” into clean-energy technology work opportunities. ...

SAA agrees debt rollover deal in principle – CEO. State-owned South African Airways (SAA) has reached an agreement in principle with lenders to roll over $642-million of debt, its CEO said on Tuesday, giving him room to execute a turnaround aimed at w...

Zambia sets sights on yet more solar as another 34 MW is connected to grid. The 34 MW Ngonye solar photovoltaic (PV) plant, in Zambia, has been connected to the country’s grid and has started operations. Once fully up and running, the facility is expected to produce about 7...

Sugar industry advised to diversify product offering, enter niche product markets. Trade and Industry Minister Dr Rob Davies and the South African Cane Growers Association (Sacga) have agreed that increases in sugar imports in South Africa have an unavoidable impact on the competitiv...