Business

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…

Bridging the Compliance Gap: Inside South Africa’s R500 Million Spaza Shop Support Fund

PRETORIA — South Africa’s informal retail sector is undergoing a massive regulatory and financial transformation, but systemic municipal bottlenecks are…

Sibongiseni Ngoma Appointed as South Africa’s Deputy Auditor-General

PRETORIA — In a historic move reinforcing institutional continuity and gender transformation, Auditor-General Tsakani Maluleke has formally appointed Ms Sibongiseni…

Eskom Green Breaks Ground on R1.2B Solar Plant at Lethabo in Historic Shift for Coal Fleet

SASOLBURG — In a milestone shift for South Africa’s energy landscape, Eskom Green has officially commenced construction on a R1.2…