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Sasol restarts Nasref Refinery after Shutdown last month
Sasol has restated its Nasref refinery after it had to shutdown sue to a delay in oil delivery last month. This turmoil prompted Sasol to declare force majeure on petroleum products, which is still in force. The shutdown also meant the entire South African refinery fleet was out of action as many other plants ceased
Toyota SA resumes operations in KwaZulu-Natal, opens a new warehouse in Boksburg
Following the devastating floods that engulfed the provinces of KwaZulu-Natal and Eastern Cape earlier this year, Toyota South Africa has resumed their operations. Trading as Toyota South Africa Motors, the company posted this big update on its social media channels. The automobile manufacturing company has commenced production of virtually all its models at its Prospecton
Rare 170-carat pink diamond found in Angola, the largest in over 300 years
A rare diamond has been discovered in the African continent, Angola, and it is found after 300 years as it becomes the most unique stone. The 170-carat rare pink diamond weighs 34 grams and it is thought to be the largest discovered in the last 300 years as per the press release by the mining
Eskom signs agreement with Dutch Embassy & lands support from Botswana
South African power generator Eskom has signed an agreement with the Netherlands Embassy to come up with energy initiatives. The embattled power supplier released a statement that it has signed a letter of intent with an aim to collaborate on two Just Energy Transition initiatives at Grootvlei Power station based in Mpumalanga. Backed by the
Load shedding solution? Scatec SA announces R30 billion solar energy project
As South Africans still battle and try to find their way through the raging load shedding schedule implemented by Eskom, there seems to be an option to ease the devastation. A Norwegian company, Scatec SA, has announced the construction of a solar and battery-powered project in the Northern Cape. The project, valued at R30 billion will definitely
Grindrod Logistics rope in Xolani Mbambo as CEO to succeed Andrew Waller
Grindrod Logistics has announced a new appointment on their board as they rope in an experienced Xolani Mbambo as the new CEO. The Johannesburg Stock Exchange listed company says Mbambo will start his new duties on 1 January 2023 as he will take over from current CEO Andrew Waller. The current CEO has been in
Rheinmetall turns to e-cars in South Africa, aims to cut down carbon emissions
In their quest to cut down on carbon dioxide emissions, Rheinmetall, has quickly moved to introduce electric vehicles and e-scooters in South Africa. The German-based automotive and arms manufacturer is a subsidiary of Rheinmetall Denel Munition and has also unveiled e-bikes. In a statement published on the company website, CEO of RDM Jan Patrick Helmsen,
EU citrus regulations could hit South Africa with 140 000 jobs 
In the wake of a move by the European Union to regulate the citrus industry, the Western Cape MEC for Agriculture Ivan Meyer has called for government intervention. Meyer has written a letter to Land Reform and Rural Development Minister Thoko Didiza urging her to swiftly intervene and save the industry. The regulations might put
Nokia still regards Africa as the best market for feature mobile phones
One of the biggest cell phone manufacturers in the world, Nokia, has reaffirmed their stance on the African amrket, as they are set to unveil new products. Nokia’s CEO of HMD Global, Florian Seiche, spoke during a recent webinar saying the African continent has always been their primary focus to market their latest goods. The
Ford SA announces the new stamping plant for new Ranger almost ready
After announcing in 2021 that they planned to invest in a multi-billion rand plant where the new Ford Ranger will be produced, Ford South Africa has delivered. This development is taking shape in Tshwane where the completion of a high technology stamping plant will produce the top of the range car. According to ITWeb, the
SA’s Labour Minister to Oppose Privatization of Eskom
South Africa's labour minister has said he would oppose any attempt to privatize power company Eskom, as it struggles to generate electricity, prevent blackouts and repay debts of 396 billion USD. Corporate privatization will hurt the poor, Employment and Labour Minister Thulas Nxesi said in an interview. While the government of President Cyril Ramaphosa has
Apple to Launch new devices with M2 chip
Apple is set to release several new devices, starting with the iPhone 14 series, new iPads, three watches, refreshed AirPods Pro, new HomePod, some upgraded Macs, plus a revamped AR/MR headset powered by its flagship M2 processor. In fact, the M2 chip will power most new Apple products, including the M2 Mac mini, M2 Pro
South Africa to announce new driving rules
The Western Cape Provincial Government has proposed changes to driving laws in South Africa to better protect workers and those transported on the backs of vans. This follows another accident in the province last week that left 35 agricultural workers seriously injured and hospitalized. Andricus van der Westhuizen, a spokesman for the DA's Western Cape
SA air passengers told to expect a massive increase inflight ticket prices
The latest information reaching Businesstech Africa is that airline passengers are set to dig deeper in their pockets due to an expected rise in prices. Media reports suggest that the cost of passenger air travel has risen in South Africa at least to the tune of 50% over the past year. This is credited to
MTN sells its towers in South Africa
MTN has announced that its South African division has finalised a transaction to sell and leaseback 5,709 of its towers—comprising around 4,000 greenfield and 1,700 rooftop sites—to IHS Towers for about R6.4 billion. Proceeds will be reinvested into strategic growth initiatives, such as securing high demand spectrum frequencies, and providing MTN with additional balance sheet
SA finance chief assures investors that safety & security will improve in the country
South Africa’s finance minister urged investors not to be deterred by what he termed “isolated” incidents of criminality, and assured them that improving safety and security is one of the government’s top priorities. “I would argue that people must invest in South Africa,” Enoch Godongwana said in an online panel discussion on Sunday. “We cannot
All there is to know about the vaccine
The Vaccine has brought so many doubts and uncertainty around people all over the world, with many thinking that it is a way to control the population and to eliminate but that is not true. Vaccinating is an important step to protect yourself and those around you from falling seriously ill from the virus. However,
Keep your business organized with these seven free apps
Fortunately, there are resources available to assist you. Small companies may benefit from company organisation applications that keep them organised and profitable. HOW DO APPLICATIONS BENEFIT YOUR BUSINESS? If you operate at home without the luxury of a workplace, commute for work, or manage various duties, running a business requires managing several activities on the
Sanlam Kenya banks on IT to drive post-COVID-19 growth
Sanlam Kenya with interests in Life and General Insurance business, managed to bounce back to full-year profitability, posting a net profit of US$ 1 million in 2019
Egypt’s government readies to launch an applied technology communication school
The El-Shaheed Amr Moustafa Industrial Secondary School for girls in Egypt’s Nasr City, will be developed and renamed the WE Joint School of Applied Technology for Communication and Information Technology. The school's development was put into effect recently by a joint co-operation protocol signed by the Ministry of Education, Ministry of Communication and Information Technology,