IDC under scrutiny as entrepreneurs detail liquidation fallout

Despite asset growth to R3.7 trillion, questions persist over distressed loans and legacy investment scandals

Transnet and Prasa face financial, operational and governance challenges despite recovery efforts

As electricity tariffs continue to rise, squeezing household and small business budgets, a new solar company has entered the market with stokvel and crowdfunding models aimed at making renewable energy more affordable and accessible. Ipeleng Power Solutions (IPS), founded by entrepreneur Ipeleng Mhlanga, 32, launched in Johannesburg this week, offering solar system design, installation, maintenance […]

Ramaphosa has raised South Africa’s investment target to R3 trillion after nearly R890 billion in pledges at this year’s investment conference, with Sasol’s R60 billion commitment emerging as one of the biggest – and a sign of business confidence tied to policy certainty

After securing R1.5 trillion in investment commitments, President Cyril Ramaphosa said the new target is to attract an additional R2 trillion in investment

SA launches a R8bn guarantee fund to unlock up to R160bn in private investment for energy, water and transport infrastructure

As South Africa prepares to host the sixth SA Investment Conference, government leaders and economists say global instability, including tension in the Middle East, unexpectedly boost the country’s appeal as a stable investment destination

Mantashe says South Africa must move faster on oil and gas exploration to reduce import dependence and protect energy security

China is boosting its ties to Africa, with zero-tariff trade and a year-long people-to-people exchange initiative, aiming to expand investment and infrastructure development across the continent

African Bank has appointed veteran banker Zweli Manyathi as its next chief executive as the lender enters what its board describes as a consolidation phase following several years of expansion and acquisitions. The bank announced that current group chief executive Kennedy Bungane will step down after five years in the role, during which he led […]

Among those opposing liquidation is the Industrial Development Corporation , which has warned that the move would lead to the winding-up, business interruption and possible cessation of operations

The government says the ailing company is a crucial player in South Africa’s sugar value chain and its demise would have ‘far-reaching and devastating consequences’ for the sector