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SANRAL appoints new CEO in the multi-skilled Reginald Demana
The board of the South African National Roads Agency Limited (SANRAL) has appointed Reginald Lavhelesani Demana as the entity’s new CEO. Reginald Demana’s appointment at SANRAL is subject to standard clearance and verification procedures and this comes as Sanral has been without a permanent CEO since November last year. According to media reports, Demana is
MTN CEO Ralph Mupita reassures staff of growth despite failed Telkom deal
Following the widely reported fall-out on talks between MTN and Telkom, the mobile telecoms operator’s Group CEO, Ralph Mupita has reassured staff that the company will grow. The MTN CEO, Mupita, has thanked all of his staff members who were involved in the negotiations with Telkom. Mupita said MTN still has the potential to attract
Wits University bags R54m funding to put South Africa on quantum map
Based in Johannesburg, Wits University, has received a substantial amount to the tune of R54 million from the Department of Science and Innovation (DSI). The funding to Wits University is meant to kick-start the South African Quantum Technologies Initiative (SA QuTI). A media release suggests that this funding follows a written proposal by a national
Petro giant Sasol is yet to quantify impact due to Transnet's industrial action
South African petrochemical company, Sasol, is yet to determine the costs or the impact of the recent strike by Transnet workers. Sasol reacted to this question just after Transnet workers affiliated to United National Transport Union (UNTU) and the South African Transport and Allied Workers Union (Satawu), returned to work this week, explaining it is
West Wits reaches toll agreement with SA’s Ezulwini Mining Company
South African miner, Ezulwini Mining Company, has reached an agreement with Junior West Wits for toll-treating ore from the Witwatersrand Basin project. Information gathered by BusinessTech Africa suggests that under the terms of the agreement, West Wits will supply Ezulwini, which is a subsidiary of Sibanye-Stillwater, with 15 000 t a month of gold-bearing material.
SA sneaker brand Bathu denies claims they are selling to US-based Nike for R1.4 billion 
A much-publicised takeover by American sports manufacturer Nike of South African shoe and sneaker brand, Bathu, has caused on social media but the local company has rubbished it. Bathu SA says there is no agreement between or offer from Nike despite a social media post, suggesting the American company has forked out R1.3 billion to
Phillip Morris South Africa appoints ex-Standard Bank IT guru Mary Mahuma
Former Standard Bank information technology head senior lead Mary Mahuma has landed a top role at Phillip Morris South Africa. Mahuma has been appointed as the new Head of Information Technology at Philip Morris South Africa (PMSA), a leading international tobacco company. Mary Mahuma joins the company, Phillip Morris in South Africa to spearhead the
Relief in SA as SATAWU appeals to Transnet members to return to work
There is a sigh of relief in the entire South African business sector following the expected return of Transnet workers affiliated with the South African Transport and Allied Workers Union, SATAWU. The union, SATAWU, announced that it has appealed with its members to return to work at their Transnet workstations. SATAWU spokeswoman Amanda Tshemese has
Dimanond miner De Beers appoints Malebogo Mpugwa to its ExCo
Diamond mining giant De Beers has made major appointments in its executive following the introduction of Malebogo Mpugwa, Riaan Burger, Rasila Vaghjani, and Ryan Perry to its executive committee. The quartet including, Mpugwa, are some of the internal appointments made by De Beers as the diamond miner looks to yield positive results in the foreseeable
Emerging farmers see cattle dying from drinking contaminated water
A farming community in the eastern Free State is hit by cattle deaths as a result of drinking sewer-contaminated waters. Livestock from Commonage farm in Fouriesburg, a small town in eastern Free State, has seen cattle allegedly dying like flies due to drinking sewer water from the nearby inoperative sewer treatment plant. An emerging farmer,
African airline operators slightly recover from the raging Covid-19 pandemic
Inspite of challenges, African airline operators are on the road to recovery as they are noticing signs of recovery from the devastating Covid-19 pandemic. Across Africa as a whole, the commercial aviation sector had largely, but not entirely, recovered from the effects of the Covid-19 pandemic. This sentiment was shared by African Airlines Association secretary-general
Black citrus farmers to benefit from a R40 million investment by CGA
BusinessTech Africa has gathered that Black farmers are set to benefit from a R40 million investment by the Citrus Growers’ Association Growth Development Company (CGA-GDC). The staggering amount has been set aside by citrus growers, CGA-GDC, to support emerging black citrus growers. Citrus Growers Association CEO Justin Chadwick, said the Enterprise Development Grant Fund (EDGF)
MTN calls off takeover talks with Telkom citing lack of exclusivity
South African mobile telecommunications operator, MTN, said on Wednesday it is no longer going ahead with the Telkom takeover talks. Telkom is the country’s third-largest mobile operator and also confirmed that MTN has called off takeover talks due to a lack of exclusivity. MTN previously announced the discussions about a potential acquisition in July, while
Struggling SAA in talks to buy new Airbus aircraft for its new long haul route
South African Airways (SAA) has announced plans to buy new aircraft from Airbus and that is according to interim chairman John Lamola. Lamola who also serves as the Chief Executive Officer of SAA said they will be announcing a new route in December as they look to revive the airline. The state-owned SAA has experienced
Sasol joins forces with ArcelorMittal to explore carbon capture technology
South African petrochemical company, Sasol, announced a partnership with ArcelorMittal South Africa to explore carbon capture technology. BusinessTech Africa has gathered that Sasol and steelmaker ArcelorMittal South Africa will also explore steel production using green hydrogen – Sasol announced on Tuesday. Green hydrogen, produced from splitting water into hydrogen and oxygen using renewable energy sources
Zambian government to limit mining licences to five per company
As the second largest copper producer in Africa, Zambia has announced changes to its mining and also said a company can only be allowed to hold five licences. Zambia announced the new changes on Monday that the number of mining licences that a company can hold at a time will be restricted to five to
Transnet strike costs the South African berry industry R134 million weekly
As the strike involving Transnet and its workers affiliated with African Transport and Allied Workers (Satawu) continues, it costs South Africa’s berry industry as much as R134 million weekly. Since the strike by Transnet workers began almost two weeks ago, as many as 80 containers of berries that were headed for the country’s European markets
Concerns as ongoing Transnet impasse costs mining businesses R815m a day
With the ongoing impasse between Transnet and its employees, the mining and business sector has expressed concerns as they lose millions a day. Business Unity South Africa says it is losing millions to the tune of R815 million a day as the Transnet strike continues to keep the country on its knees. Workers affiliated with
TymeBank launches technology partnership with local business owners
One of South Africa’s ever-growing banks, TymeBank has introduced measures to enter the township market with a partnership with local spaza shops. The partnership with Khona La Local Stores, the digital-only bank TymeBank, is broadening its reach, taking financial technology to township businesses. Launched on Friday, the joint venture will see spaza shops in Daveyton,
Botswana traders unhappy with vegetable import ban from South Africa
Following their move to ban fresh produce from South Africa, Botswana traders are now seeking a u-turn due to vegetable shortages. The short supply of fresh produce in Botswana has left traders pleading with their government to allow them to get produce from neighbouring South Africa. At the same time, the traders in Botswana want