Atlas Copco to acquire South African exploration manufacturing business
Leading provider of sustainable productivity solutions, Atlas Copco, has agreed to acquire the assets of Renegade Drilling Supplies Proprietary Ltd, a South African manufacturer...
South Africa’s GDP is on the road to recovery
The country’s gross domestic product (GDP) yesterday showed signs that the could be on a recovery path - expanding 2% in the third quarter...
Steinhoff shares fall 61% on opening after CEO resigns amid ‘irregularities’
Shares in Steinhoff International Holdings NV fell as much 61% at opening on the JSE on Wednesday following the resignation of the company’s CEO...
Africa’s plan to deal with bogus medicines
Last July, Ugandan officials seized fake versions of the cancer drug Avastin on sale in Kampala, revealing only the tip of an iceberg of...
Cape Town to get new number plates – here’s why they are changing
The Western Cape Department of Transport and Public Works has called for public comment on a number of proposed changes to be made to...
The evolution of IoT and the disruptive opportunities that lie ahead
The world is changing at warp speed – we live in an age of intelligent machines that are in constant communication with the world...
Get ready to pay extra ‘drought charge’
Households will soon be paying between R45 and R60 extra every month as part of a drought levy, if mayor Patricia de Lille has...
Barclays announces final sale of stake in Barclays Africa
Barclays (BARC.L) will sell a 7 percent stake in Johannesburg-based Barclays Africa Group on December 5, the British bank said on Friday, the latest...
South African firm closes first equity deal using Bitcoin
A Cape Town-based technology firm has has conducted an equity deal entirely in Bitcoin, at a time when financial experts have been debating the...
Transnet makes final wage offer
The United National Transport Union (Untu) is considering a final wage offer by parastatal Transnet, but has not excluded industrial action should its members...
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.