Business

Namibia’s demand for extra dam ‘a tall order’

A transboundary water expert has warned that construction of a possible additional storage dam on the Orange River, to allow for the continuation of...

Government is under no obligation to rehabilitate old mines – Mantashe

Gwede Mantashe, the Minister of Mineral and Petroleum Resources, has drawn a firm line on the government’s role in the rehabilitation of disused or...

Tourism industry unveils green lung programme

South Africa’s tourism and travel sector has launched a new sustainability initiative aimed at shifting sustainability from reporting frameworks to visible, on-the-ground outcomes. To read...

China’s state council discusses draft government work report, 15th Five-Year Plan

China’s State Council on Friday convened a plenary meeting to discuss the draft government work report and a draft outline of the 15th Five-Year...

Discovery buys Sandton head office building from Growthpoint for R4bn

Financial services firm Discovery has moved to acquire part of its Sandton head office at R4-billion, while cancelling the lease of the second phase. The...

Uber Eats partnership unlocks R1bn for township businesses in Gauteng

A public private partnership between Uber Eats and the Gauteng Department of Economic Development has surpassed its original targets, unlocking more than R1-billion in...

Angola is becoming a magnet for independent oil investors

Angola is consistently recasting itself as the place global energy investors, especially in oil and gas, turn to for long-term, lower-risk bets. TotalEnergies reinforced this...

Phakamile Hlubi-Majola moves to MISA after Numsa exit amid death threats

Unionist Phakamile Hlubi-Majola has found a new home at the Motor Industry Staff Association (MISA) after a recent departure from the National Union of...

Steel producer ArcelorMittal SA suffers multibillion-rand losses

Despite ArcelorMittal SA’s (Amsa) annual results showing that the steel producer once again suffered multibillion-rand losses, Eskom’s special tariff for ferrochrome firms provided a...

Debt crisis overwhelms high-earners, older people the most affected

South Africa’s higher earners group is facing severe financial strain as debt servicing has reached unsustainable levels. These findings are contained in DebtBusters’ Q4 2025...