Netcare to restructure UK business as profit falls
South African private healthcare operator Netcare will restructure its operations in Britain, its chief executive said, after the group reported a drop in annual...
25 000 job losses at Eskom’s account and counting
Power utility giant, Eskom’s proposed 19.9% electricity hike will severely cut jobs in the steel and engineering sector, says an economist for the Steel...
Chinese national liquor Moutai sets foot in Africa
China's national liquor Kweichow Moutai has launched a promotion drive in Cape Town in a bid to enter the African market.
The operation...
Why Black Friday will be a dark day for South Africa
While South African consumers are expected to make the 24th of November one of the biggest sale days on the calendar, the burst of...
To save Eskom from ruin, SA should ditch nuclear plan and cut coal power
Eskom should cut down on its coal power network – including curtailing work at Kusile – and should not embark on any new nuclear,...
Uber gives the green light to Softbank deal
Uber has allegedly agreed to give SoftBank Group the green light for a much anticipated investment, reveals a leading technology house.
Statement by...
ELGi’s high pressure diesel power screw compressors reach new depths
ELGi has been providing reliable compressed air solutions to the water well segment for more than forty years. For DTH drilling, the compressors meet...
Cape Town redirects R2bn to fund water projects
The City of Cape Town has redirected R2 billion from its budget to fund seven additional water projects.
“We have looked at ways...
SA gambling revenue forecast to hit R35bn in 2021
South Africa’s gross gambling revenues (GGRs) are forecast to increase from last year’s R27 billion to R35bn in 2021 or a 5.1 percent compound...
SA trade conditions remain constrained
Tough trade conditions in September and October suggest a decline in the value added by the wholesale and retail trade, hotels and restaurants as...
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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Memorandum of Understanding Signing Between the Atlantis Special Economic Zone and...
Memorandum of Understanding Signing Between the Atlantis Special Economic Zone and West Coast TVET College
The Atlantis Special Economic Zone (SEZ) signed an agreement with...