French multinational miner Eramet’s subsidiary Eramet Grande Côte and renewable energy company JUWI Renewable Energies South Africa have closed a €30-million, or R600-million, deal to build a solar PV and battery storage solution for Eramet’s mine in Diogo, Senegal. The planned 20 MW solar and 11 MWh battery project will meet 20% of the mine’s [...]

With the growing adoption and further development of AI, the technology is continuing to reshape the data centre industry – a reality reflected in the projected 2025 data centre trends determined by critical digital infrastructure and continuity solutions provider Vertiv, which it reported at its Powering the AI Era conference, on November 20, in Bologna, [...]

South Africa’s National Disaster Management Centre has declared foodborne illnesses a national disaster, in response to countrywide sicknesses and deaths, particularly of children, in recent weeks. The declaration was made under the Disaster Management Act, No. 57 of 2002.

The departments of Communications and Digital Technologies (DCDT) and Science, Technology and Innovation (DSTI), together with their entities, signal distribution company Sentech and the South African National Space Agency (SANSA), have provided an update on the National Communication Satellite Strategy (SatCom), which is aimed at narrowing the digital divide in the country. The parties estimate [...]

The sixteenth 2024 South African Small Business Awards celebrated South Africa's top entrepreneurs and small businesses at a gala breakfast hosted by the National Small Business Chamber (NSBC), in Johannesburg, earlier this month. The awards honoured 20 small businesses and entrepreneurs, alongside special award winners and main category award winners, in a ceremony attended by [...]

Two more battery storage projects selected as preferred bids under South Africa’s first public procurement bid window (BW1) for the technology have achieved commercial close. The projects have a combined investment value of R4.7-billion and increase to 360 MW/1 440 MWh the amount of utility-scale storage capacity to have reached the milestone after two other [...]

South Africa's tax service said on Tuesday that pension withdrawals in the 11 weeks since a reform took effect allowing people to make partial withdrawals before retirement had risen to R49.6-billion. The South African Revenue Service said on October 11 that R21.4-billion had been paid out since the September 1 reform.

JSE-listed cement and construction materials company PPC has started working on the second phase of its turnaround strategy, with the benefits of its first phase evident in its results for the six months to September 30. Despite revenue declining by 4.2% to R5.06-billion, from R5.28-billion in the comparable half-year period in its prior financial year, the company [...]

The issues of electricity affordability and Eskom’s inefficiencies emerged as recurring themes as the National Energy Regulator of South Africa (Nersa) kicked off nationwide public hearings in Cape Town on Monday into the utility’s latest revenue application. Through its sixth multiyear price determination (MYPD6) submission, Eskom is requesting an increase in its allowable revenue to [...]

Afrirent Holdings has secured the winning bid to develop a prime site located next to the Cape Town International Convention Centre (CTICC). The right to construct a mixed-use development, valued roughly at R1.2-billion, follows a public lease auction, with Afrirent Holdings submitting the winning bid.

Telkom South Africa on Monday reported a 18.3% in adjusted earnings before interest, tax, depreciation and amortisation (Ebitda) from continuing operations to R5.61-billion during the six months ended September 30, 2024. This excludes a restructuring cost of R160-million and the Telkom Retirement Fund derecognition loss of R618-million.

President Cyril Ramaphosa described the Stilfontein mine as a “crime scene”, on Monday, as he called for a peaceful resolution to the standoff at the disused mine shaft, where illegal miners are holed up. The South African Police Service (Saps) and government departments have been trying, for over a month, to surface the illegal miners [...]