Tau says hostile geopolitics won’t thwart investment event that could attract 65-plus in new …
Trade, Industry and Competition Minister Parks Tau has expressed confidence that the upcoming South Africa Investment Conference (SAIC) will not be undermined by hostile geopolitical developments, reporting that delegates from more than 31 countries are registered to attend. The sixth edition of the SAIC is scheduled to take place at the Sandton Convention Centre in [...]
Fairvest reports strong interim performance, to achieve upper end of full-year guidance
JSE-listed real estate investment trust Fairvest reports good operational performance and confirms it expects to achieve the upper end of its earnings guidance of a 9% to 11% increase in distributable earnings a share during its financial year to September 30, said Fairvest CEO Darren Wilder on March 23. The company owns 130 assets that [...]
South Africa’s Thungela prioritises safety, well-being of endangered Dubai employees
As a result of the ongoing conflict in the Middle East, South Africa’s coal company Thungela is prioritising the safety and well-being of its 16 employees in Dubai, where the Johannesburg Stock Exchange-listed coal mining and marketing company has its international marketing base. The ongoing conflict in the Middle East is “a matter of profound concern”, [...]
Middle East shock gives Nigeria’s Dangote leverage as cheap imports dry up
Nigeria's Dangote Petroleum Refinery has stepped up gasoline exports across Africa as disruptions to energy flows due to the Iran conflict squeeze traditional fuel supply routes, curbing the cheap imports that long dominated West African markets. Data from tanker-tracking firm Kpler show Nigeria's exports of clean petroleum products - which include gasoline, diesel, kerosene and [...]
Business entities outline risks Middle East conflict poses for South Africa
The war in the Middle East is likely to harm the global economy and South Africa’s government needs to support local businesses in the work to contain the impact, business organisation Business Leadership South Africa CEO Busi Mavuso emphasises in her latest weekly newsletter. She highlights concerns about the impact on the fuel price, with [...]
Dipula Properties joins key FTSE, JSE property indices
Real estate investment trust (Reit) Dipula Properties says it will be included in the FTSE/JSE All Property Index (ALPI) and the SA REIT Index, effective from March 23, following the latest index review by the JSE. The company, in a media release, expresses that this inclusion marks a significant milestone for Dipula, positioning it more [...]
Energy price volatility may push commodity prices higher, manganese producer warns
Volatility in global oil markets could have far-reaching consequences for South Africa’s mineral export sector and push up commodity prices. Warning this in a media release to Mining Weekly, United Manganese of Kalahari (UMK) chief executive Malcolm Curror points out that long-tail effects on shipping and energy pricing have already raised concerns across several commodity-dependent sectors where [...]
Govt, industry insist there is no risk to fuel supply amid ‘panic buying’ fears
The Department of Mineral and Petroleum Resources and the Fuels Industry Association have issued a joint statement urging South Africans not to engage in any “panic-buying” of fuel, insisting that supplies to the country remain stable for the immediate future. The joint statement comes amid concerns of possible supply disruptions as well as the prospect of [...]
World Bank report highlights potential of smarter water use
Rebalancing water use across the global food system is key to meeting future food demand sustainably and could generate 245-million long-term jobs, largely in sub-Saharan Africa, a new World Bank Group report posits. The report, ‘Nourish and Flourish: Water Solutions to Feed 10 Billion People on a Liveable Planet’, indicates that current agricultural water management [...]
Alliance for Water Stewardship launches new, more pragmatic standard
Water is fast becoming a greater risk in company supply chains, with one in five companies now reporting significant water-related supply chain risks and tens of billions of dollars in value at stake. To this end, global responsible use organisation the Alliance for Water Stewardship (AWS) has launched a new version of its global water [...]
EY warns Iran conflict threatens stagflation risk to South Africa’s fragile post-Budget recovery
While South Africa’s fiscal outlook has shown signs of stabilisation following a credible National Budget, intensifying geopolitical conflict in the Middle East – specifically involving Iran – now poses a significant "stagflationary" threat to the domestic economy, according to consultancy EY Africa chief economist Angelika Goliger. In EY’s March 2026 South African Macroeconomic Outlook, Goliger [...]
Cesa Infrastructure Indaba calls for South Africa-first mindset
Speakers at Consulting Engineers South Africa’s (Cesa’s) Infrastructure Indaba, in KwaZulu-Natal, having recognised how infrastructure remains the backbone of economic growth, social development and environmental sustainability in South Africa, said it also exposes challenges and inequalities that demand urgent attention. For one, the country has a R30-billion maintenance backlog that affects more than 56 000 State-owned properties, while [...]