News
2 775 stories from 13 South African publishers, refreshed through the day. Every story is the publisher’s own — read it on their site, talk about it here.
Showing stories from News24 Business. Clear
News24 BusinessA R10 billion fuel relief buffer awarded to the Department of Mineral and Petroleum Resources remains untouched and has earned almost R342 million in interest while officials weigh how to deploy it.
News24 BusinessEight months into the war, the buffers that helped absorb the initial energy shock – most notably onshore crude oil stockpiles – are wearing dangerously thin, says Ron Busso.
News24 BusinessSouth Africa’s state power utility is looking to develop new revenue streams as it prepares to unbundle and relinquish its dominance in electricity generation and transmission.
News24 BusinessSouth Africa’s state power utility is looking to develop new revenue streams as it prepares to unbundle and relinquish its dominance in electricity generation and transmission.
News24 BusinessA legal dispute over the running of Assmang pits two of South Africa’s wealthiest mining tycoons against each other.
News24 BusinessUS President Donald Trump says “massive oil, gas and mineral exploration” is set to begin in Greenland, even though the territory has banned new drilling since 2021.
News24 BusinessEskom has proposed an 8.83% average power price hike, but certain consumers could pay more under a new tariff structure.
News24 BusinessThe US president can still move energy markets with his words, but that power has weakened as geopolitical conflicts have grown more complex. Reuters columnist Ron Bousso says energy investors, traders and producers need trust in Washington’s willingness and ability to find a durable solution.
News24 BusinessSouth Africa’s manufacturing sector has been in decline for more than three decades. Now, a deluge of cheap Chinese goods, intensified by US President Donald Trump’s tariff war, is putting what remains of its industrial base under renewed pressure.
News24 BusinessVestas says increasing tariffs for renewable energy components will not foster local manufacturing without sufficient government-driven demand for wind energy projects.
News24 BusinessImproved production and higher ruby grades will be critical to restoring the fortunes of Gemfields’ troubled Montepuez Ruby Mining.
News24 BusinessGold Fields is considering a sweetened takeover bid for Northern Star Resources, according to people familiar with the matter, as the South African miner seeks to overcome resistance to a deal that would create the world’s second-largest gold producer.