Yekani unveils new R1 billion electronics factory in East London that will create 1,000...
ICT group Yekani Manufacturing on Tuesday unveiled its R1 billion factory in East London Industrial Development Zone (IDZ) that it says will create 1,000...
KPMG expects 400 people to leave as auditor reshapes business
KPMG expects some 400 people to leave the firm as it shuts several regional offices.
The beleaguered audit firm announced on Monday that...
#LandExpropriation: Western Cape could be testing ground, says Skwatsha
Deputy Minister of Rural Development and Land Reform Mcebisi Skwatsha says the government is considering expropriating land without compensation to assist more than 20 000...
Apple co-founder Steve Wozniak says only Bitcoin is ‘pure digital gold’
Apple co-founder Steve Wozniak spoke to CNBC about the future of Bitcoin, saying he hopes it will become the single global currency.
Wozniak...
Microsoft $7.5bn all-stock deal to buy GitHub
Microsoft said yesterday that it would buy privately held coding website GitHub for $7.5billion (R95.01bn) in an all-stock deal to beef-up its cloud computing...
Fuel hike puts further pressure on consumers and agriculture sector
The South African consumer faces another hefty hike in fuel costs effective Wednesday June 6 according to the recent announcement by the Department of Energy. Petrol...
FinTech Could Fuel Africa’s next Big Growth & Jobs Explosion
The African continent is poised to experience its next big growth phase. While previous growth phases on the continent – which helped birth the...
New renewable energy round may rake in R50bn in investment
The renewable energy industry on Friday got a shot in the arm when Energy Minister Jeff Radebe announced a new bid round of the...
KPMG South Africa announces mass retrenchments
Under-fire financial services company KPMG South Africa has announced a reshaping of its business – including a number of retrenchments, along with further support...
Taxi services to strike on Wednesday
Taxi services will halt services on Wednesday to protest over lucrative taxi routes.
Congress for Democratic Taxi Associations (Codeta) and the Cape Amalgamated...
Industry News
Cape Business News (CBN) delivers comprehensive industry news, offering insights into key sectors driving South Africa’s economy. This category highlights significant developments, from emerging market trends and technological innovations to regulatory changes shaping business operations. CBN’s industry news covers manufacturing, mining, energy, agriculture, and more, providing professionals with critical updates to navigate challenges and seize opportunities. With a focus on sustainability, digital transformation, and global competitiveness, CBN keeps industry leaders and stakeholders informed, ensuring they stay ahead in a dynamic business environment.
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Wheat farming in South Africa crisis threatens sector sustainability
Wheat farming in South Africa crisis threatens sector sustainability
By Larry Claasen
THE country consumes more than 3,5 million tons of wheat a year, yet domestic...