Ramaphosa set to deliver Presidency Budget Vote
President Cyril Ramaphosa will today present the Presidency Budget Vote speech in Parliament at 2pm.
The Presidency is the nerve centre of government, overseeing...
South Africa’s municipal electricity tariffs are hurting the economy
South Africa’s machinery and equipment industries have recently come under huge pressure. Falling demand after the 2008 financial crisis and rising energy costs have...
Carmakers in battle over government support plan
South Africa is proposing automakers including Toyota, Ford and BMW AG more than double production in return for tax breaks so generous that the...
Texton buys R205m property portfolio
Listed property fund Texton has acquired a portfolio of logistics properties in Cape Town from listed Equites Property Fund for a total of R205.3million.
...
Food industry shows growth in SA
South Africans are spending more money on fast-food and coffee this year than they were in 2017, according to a survey carried out by...
Cape Town weather: Delight for locals as rain set to stay until Thursday
The Cape Town weather forecast just keeps getting better and better. Predictions last week said that the rain would last until Tuesday in the...
Cape Town gets first desalinated water as dam levels drop again
A Strandfontein desalination plant produced 1.5 million litres on May 15, and has been supplying Cape Town’s water system every second day.
Desalination...
SA’s first ATM for Bitcoin and other cryptocurrencies in action
South Africa's first cryptocurrency ATM has been installed at a Spar in Johannesburg.
The ATM allows users to buy Bitcoin, Ethereum and Litecoin with cash.
But...
Going off the electricity grid still too costly in SA
Smart alternative grids are great for areas with no electricity but at the moment they are very costly, which communities probably can’t afford.
...
Glencore said to be near R12.78bn deal for Chevron’s Cape Town refinery, other assets
Glencore is close to a $1bn deal to buy Chevron’s southern African assets, potentially scuppering an earlier agreement with China Petroleum & Chemical Corporation,...
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.
MUST READ
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...