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African Energy Bank launches R16bn oil and gas funding
The newly formed African Energy Bank (AEB) has announced the rollout of $10-billion (R160-billion) in first-phase funding, targeting major oil and gas projects in...
Financial advice should be seen as a basic necessity, not a...
Building financial security does not depend on being wealthy but on making steady, informed decisions about money and planning ahead, according to Momentum.
Nontokozo Madonsela,...
Reserve Bank starts public consultation over discontinuing prime lending rate
The South African Reserve Bank (SARB) has started a consultation process aimed at discontinuing the prime lending rate—a rate at which banks lend to...
Telkom veteran Hasnain Motlekar appointed to lead BCX recovery
Hasnain Motlekar, the chief financial officer of Telkom's consumer business unit, has been named CEO of BCX in an attempt to stabilise the company...
A Gen-Z duo leading a recycling movement in Tanzania
Three years ago, two young men began walking the streets of Mwanza, Tanzania’s second-largest city, sacks in hand, collecting discarded plastics. With no machines,...
SA now second most cost-effective poultry producer
South Africa’s poultry industry is the second most cost-effective producer in the world, only trailing behind Brazil and outperforming the traditional heavyweights, USA and...
Engie secures 240 MW solar project in the Free State
South Africa’s Renewable Energy Independent Power Producer Procurement Programme Bid Window 7 has named Engie as a preferred bidder for a 240-megawatt solar photovoltaic...
‘Closure of Tongaat Hulett would be disastrous’
After years in business rescue, the provisional liquidation of Tongaat Hulett Limited has thrown South Africa’s sugar industry into uncertainty, with cane growers warning...
BBC talked to Ramaphosa about ‘Zondo commission regulations’ before Sona
The Black Business Council (BBC) says it directly complained to President Cyril Ramaphosa before he announced that the Public Procurement Act regulations would be...
Indaba pushes for beneficiation and African unity for critical minerals
Critical minerals, industrialisation and geopolitical leverage took centre stage at the Invest in African Mining Indaba this past week as African governments warned against...
