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First hot-rolled coil produced at Scaw’s new R5bn Germiston mill
The first hot-rolled coil (HRC) has been produced at Scaw Metals’ Union Junction complex in Ekurhuleni, heralding the reintroduction of competition into South Africa’s flat-steel market. The ...
Association welcomes vertical separation of Transnet’s rail entity …
Oct 11, 2024 · The African Rail Industry Association (ARIA) has welcomed the announcement of the vertical separation of Transnet Freight Rail into two distinct operating divisions – Transnet Infrastructure ...
AfDB approves R18.85bn loan for Transnet's business recovery plan
Jul 18, 2024 · The African Development Bank Group (AfDB) has approved an R18.85-billion, or $1-billion, corporate loan to South Africa's State-owned freight transport and logistics group Transnet for its ...
Aveng demerger signals possible exit from South African market
Aug 20, 2024 · Construction, engineering and contract mining group Aveng has outlined plans to split its Australian and South African operations into two separate and independent entities. This demerger, which ...
NEF invests R31m in Milkway Transport for truck fleet expansion
Oct 11, 2024 · The NEF investment will create 20 new jobs and help maintain 14 existing positions within Milkway Transport. This will contribute positively to the local economy while ensuring that more black ...
Sterkfontein set to replenish Vaal dam water levels
Dec 3, 2024 · As the water levels of the Vaal dam nears the critical 18% mark, preparations are under way to release water from the back-up Sterkfontein dam to augment water supply for Gauteng and surrounding ...
New solar rental solution launched in South Africa
Nov 22, 2024 · ReCharge Rental Solutions (RRS) has officially launched its energy rental solution, supported by international bank and wealth manager Investec, in South Africa. RRS rents and maintains bespoke ...
Nubank invests $150m in Tyme's Series D capital raise
Dec 17, 2024 · Digital financial services group Nubank has invested $150-million in Singapore-based financial services firm Tyme's oversubscribed $250-million Series D capital raise, with Catalyst subscribing ...
Cape Town to see construction of R900m film set
Dec 2, 2024 · The City of Cape Town has announced the approval of a lease agreement for part of a city-owned property in Paardevlei, Somerset West, which will see the construction of a R900-million film set by ...