Thursday, July 16, 2026

Business

Shares Slide as Maersk Signals Gradual Suez Comeback

Maersk and Hapag-Lloyd are inching back toward the Suez Canal and freight markets are already reacting, shares in both shipping groups fell on Monday as the companies confirmed plans...

South Africa Accelerates Private Investment Push for Strategic Port Terminal

The Development Bank of Southern Africa (DBSA) is accelerating efforts to secure a private investor for the Richards...

Africa’s Biggest Battery Reaches Financial Close in South Africa

Globeleq has reached commercial and financial close on its 153 MW/612 MWh Red Sands battery energy storage system...

South Africa’s Record Maize Harvest Reopens Asian Export Channels

South Africa’s agricultural sector is poised to reshape global grain flows as a projected record maize harvest brings...

SA Agricultural Trade Surplus Hits Record $1.55 Billion on Tumble in Import Costs

South Africa’s agricultural trade surplus surged to a record $1.55 billion in the first three months of the...
DHL

South Africa remains Germany’s main supply of Southern Hemisphere citrus

"Lemons have been great, there's been really strong demand," says Safresco head of sourcing in Southern Africa Jacques Morgan. "With emptier markets, South Africa...

South Africa and Kenya push to turn African integration into industrial growth

While presidents Cyril Ramaphosa and William Ruto spoke of industrialisation, investment and African integration, business leaders at the South Africa-Kenya Business Forum repeatedly returned...

SKF Cooper sealed split spherical roller bearings

SKF Cooper sealed split spherical roller bearings offer what standard bearings cannot, a powerful combination of an innovative split design coupled with premium quality...

South Africa Resumes Maize Exports from Key Hub Amid Record Crop Forecasts

South Africa’s state-owned logistics firm Transnet SOC Ltd. has resumed maize exports from its Maydon Wharf Agribulk Terminal in Durban for the first time...

AfDB sign €450m industrial transition credit guarantee

… to support investment in plant nutrition solutions and phosphate-based fertilisers The African Development Bank Group and OCP Group signed an agreement for a partial...

AfDB launch tracker to monitor Africa’s electricity access drive

The African Development Bank Group launched a Mission 300 Progress Tracker, at the African Development Bank Group’s 2026 Annual Meetings in Brazzaville, Congo. According to...