360 Abu Dhabi National Oil Company (ADNOC) is reportedly in advanced negotiations to acquire Shell’s retail fuel station network in South Africa, in a deal that could reshape the country’s fuel retail…
Category: Business
Isuzu Production Record Set at Gqeberha Plant
371 Isuzu production record South Africa: the Gqeberha plant built 27,400 D-Max bakkies and 3,800 trucks in a strong year for local vehicle sales. Isuzu Motors South Africa has posted its highest…
Tongaat Hulett Gets Lifeline as Liquidation Proceedings Halted
298 Struggling sugar producer Tongaat Hulett has secured a critical reprieve after liquidation proceedings against the company were halted, following an extension and increase in funding. The Industrial Development Corporation (IDC) has…
Update: Eskom Executive Pay Hike Claim Sparks Wage Deadlock
272 Eskom rejects 100% executive pay hike claim Update: Eskom says NUMSA’s claim that executives got 100% salary hikes across the board is false. The power utility says only three executive roles…
Another African nation licenses Starlink
283 A Starlink satellite terminal Uganda has become the latest African country to clear the way for Elon Musk’s Starlink, signing an operational licence agreement with the satellite broadband provider even as…
Watergate Centre Acquisition Boosts Spear REIT
312 Spear REIT has announced the Watergate Centre acquisition in Mitchells Plain for R442 million, adding a fully let convenience retail asset to its Western Cape portfolio. The company said the transaction…
Elon Musk’s war on OpenAI ends in crushing defeat
243 OpenAI CEO Sam Altman and Elon Musk during the trial. Manuel Orbegozo/Reuters A US jury on Monday ruled against Elon Musk in his lawsuit against OpenAI, finding the AI company not…
South Africa’s Growth Outlook Takes Another Hit
337 South Africa’s economic growth outlook has taken a slight knock. Economists in the Bureau of Market Research and Unisa Economist of the Year competition cut their consensus forecast for 2026 growth…
Netstar brings coding and robotics to inner-city Joburg
283 From left, Collin Govender, Altron Group chief operating officer; Leona Pienaar, MES CEO; Marisa Jansen van Vuuren, Altron Group chief marketing officer; Innocent Mabusela, Jozi My Jozi CEO; and Warren Mande,…
Ramaphosa Warns Democracy Faces Global Pressure
273 President Cyril Ramaphosa has used his latest weekly newsletter to warn that democracy is under strain across the world as South Africa prepares to mark Freedom Day on 27 April. He…