CEOs from over 115 leading corporations operating in South Africa and which collectively employ 1.2-million people and have a combined market value R11-trillion, have formally pledged to help the country overcome the problems currently undermine inclusive economic growth. The companies operate across all sectors of the South African economy, which is currently characterised by low [...]

Diversified chemicals group AECI delivered record growth in revenue; earnings before interest, taxes, depreciation and amortisation (Ebitda); and headline earnings per share (HEPS) for the six months ended June 30. The group’s revenue increased by 19% year-on-year to R18.4-billion, while Ebitda increased by 18% year-on-year to R1.83-billion.

City of Johannesburg (CoJ) manager Floyd Brink said on Wednesday that the municipality has mandated its Disaster Management Centre to finalise a report to declare the recent gas explosion in the CBD a local state of disaster. The report will be submitted to the Provincial Disaster Management Centre (PDMC) in the next seven days.

South African private sector airline Airlink has acknowledged the decision of the Johannesburg High Court, regarding the carrier’s application against the State-owned South African Airways (SAA). Airlink was seeking to recover about R890-million from SAA, but the Court dismissed its application. “Airlink respects the Court’s decision, it is after all the duty of the company’s [...]

Universal clean cooking access could be reached worldwide by 2030 with yearly investment of $8-billion, and clean cooking is a cornerstone of global efforts to improve energy access, gender equity, economic development and human dignity, says global body the International Energy Agency (IEA) executive director Dr Fatih Birol. Nearly one-in-three people around the world cook [...]

The heads of the Ghana Nuclear Regulatory Authority (NRA) and the US Nuclear Regulatory Commission (NRC) have reaffirmed their commitment to cooperate closely on nuclear safety and regulation. This reaffirmation, jointly by NRA director-general Nii Kwashie Allotey and NRC Chair Christopher T Hanson, was made at the end of last week when the latter was [...]

The official sod-turning ceremony for the Mogale Tailings Retreatment project on Gauteng's West Rand took place on Tuesday, July 25. The R2.5-billion project, near Krugersdorp and Kagiso, received a eyes-on-the-prize send off from the London- and Johannesburg-listed Africa-focused mid-tier gold producer.

South Africa’s State-owned Transnet National Ports Authority (TNPA) has shortlisted three consortia to participate in an upcoming bidding process to design, fund and construct a greenfield deep-water port at Boegoebaai in the Northern Cape, as well as rail infrastructure linking the port to mines in the province. Located some 20 km south of Alexander Bay, [...]

South Africa’s electricity minister attacked the country’s groundbreaking $8.5-billion climate finance pact with some of the world’s richest nations whereby it will close some coal-fired power plants and re-purpose them to produce renewable energy. Kgosientsho Ramokgopa told a meeting organized by Standard Bank Group that the closure of Eskom Holdings’s Komati Power Station, the first [...]

Around 83% of people stopping at a service station for fuel also shop at the forecourt retail offering, says Trade Intelligence business development and advisory lead Andrea Ellens. Only 4% of customers fill up with fuel only, with 13% there for forecourt shopping only, such as the Spar Express or the Woolworths Foodstop.

The Namibian government and green energy supplier Hyphen Hydrogen Energy on July 24 launched the socioeconomic development SED framework for Namibia’s landmark $10-billion green hydrogen project. The framework is an integral part of the feasibility and implementation agreement (FIA) which demonstrates the government’s commitment to incorporating SED targets for green hydrogen developers in the implementation [...]

Platinum group metals (PGMs) mining and marketing company Anglo American Platinum (Amplats) is finalising the permitting process for the future opencast Middelaagte mine, one of three areas of the company’s Amandelbult complex. Located in Limpopo, within the municipality of Thabazimbi, the Amandelbult mine will consist of three main areas. Firstly, the modernisation of the existing mining [...]