The Business Weekly

Business

Sibanye-Stillwater Retains Spot in Prestigious FTSE4Good Index, Reinforcing ESG Focus

JOHANNESBURG — Precious metals producer Sibanye-Stillwater (JSE: SSW, NYSE: SBSW) has confirmed its continued inclusion in the FTSE4Good Index Series,…

Telkom Pledges R100 Million to Launch AI Institute, Bridging South Africa’s Capabilities Gap

South African telecommunications giant Telkom has committed R100 million ($6.1 million USD) to establish the Telkom AI Institute, a dedicated…

South African E-Commerce Pioneer Takealot Group Achieves Historic Full-Year Profitability

JOHANNESBURG — In a milestone 15 years in the making, Takealot Group, South Africa’s premier e-commerce ecosystem, has officially crossed…

Shell to Exit South African Downstream Business in Major Deal with UAE’s ADNOC

JOHANNESBURG — Energy giant Shell plc is set to divest its equity interest in Shell Downstream South Africa (Pty) Ltd…

Joburg Settles R1.44bn JSE Bond, Signalling Financial Recovery

JOHANNESBURG – In a significant boost to its fiscal credibility, the City of Johannesburg has successfully wiped the slate clean…

Centlec Reappoints Dr. Sekoboto as CEO Following Municipal Endorsement

BLOEMFONTEIN — The Board of Directors of Centlec (SOC) Ltd, the electricity utility serving the Mangaung Metropolitan Municipality, has officially…

BUSA Withdraws from UIF Structures at Nedlac, Calls for Immediate Administration

JOHANNESBURG — In a major escalation of tensions between organized business and state labour agencies, Business Unity South Africa (BUSA)…

Shoprite Defies Consumer Strain with Aggressive, Target-Smashing Store Expansion

JOHANNESBURG — In a powerful demonstration of market dominance and operational resilience, the Shoprite Group has comfortably surpassed its 2026…

South Africa Looks to Scale Local Battery Manufacturing and Boost Global Exports

CAPE TOWN — In a strategic move to bolster South Africa’s advanced manufacturing sector, the Deputy Minister of Trade, Industry…

Sasol Signals Specialty Pivot with €60 Million German Plant Expansion

BRUNSBÜTTEL, Germany — In a move that underscores a strategic pivot toward high-margin, specialized chemical sectors, Sasol International Chemicals has…