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SOUTH32 awards ZAR158 million Coal Contract to black-owned mining company
South32 has awarded a core mining contract to Broad...
Emira honoured by Investment Analysts Society for accurate financial reporting
Emira Property Fund is the winner of the Investment...
South African Auditor-General report indicates poor leadership practices
The local government audit outcomes report for the 2015-16...
Billions held in impact investments in Africa
The 2016 African Investing for Impact Barometer shows that...
How to re-define the future of Real Estate in Africa
Researchers predict that in 2030, Lagos, Cairo and Kinshasa...
Mercer – Cape Town ranks amongst 15 cheapest cities to live in globally
In a rapidly changing world, mobility has become a...
Mastercard Foundation appoints three new Board of Directors members
The MasterCard Foundation today, 21 June 2017, announced the...
Ansys revenue grew by 70% to ZAR806 million
Ansys Limited has today, 21 June 2017, announced its...
Atterbury joins forces with IULIUS
Atterbury Europe has entered into a 50/50 joint venture...
Standard Bank to tackle South Africa’s affordable housing backlog
Standard Bank believes that South Africa has an opportunity...
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BizNis Africa is an independent online trade and investment news website

BizNis Africa focuses on Africa’s 3 major business economic sectors – ICT (Information and Communications Technology), Mining and Energy.
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Digital technology is reshaping the banking and insurance sectors at an unprecedented rate. Basic...

  • South32 has awarded a core mining contract to Broad Based Black Economic Empowerment company, Modi Mining. The three-year, ZAR158 million contract will see Modi Mining engaged at South32’s Wolvekrans Middleburg Complex. Modi Mining will work closely with the Wolvekrans mining and planning teams to plan and deliver various sub-processes, including top soiling and stripping overburden. […]

  • Emira Property Fund is the winner of the Investment Analysts Society (IAS) of South Africa’s Best Reporting and Communications Award for the Best Presentation to the society by companies with a market capitalisation of between ZAR5 billion and ZAR30 billion for the 2016 financial year. The annual awards were announced yesterday night (Wednesday, 21 June) […]

  • The local government audit outcomes report for the 2015-16 financial year was released by the South African Auditor-General (AG), Kimi Makwetu on 21 June 2017, revealing that only 49 of the 263 municipalities received a clean audit. Responding to the report, Danny Naidoo, Partner at Mazars comments that it is disappointing to note that overall, […]

  • The 2016 African Investing for Impact Barometer shows that investments that seek to combine financial returns with positive social, environmental and governance outcomes are flourishing on the African continent. The study identified that more than $350 billion is committed to investing for impact strategies across nine countries. Impact investing has become a key focus for […]

  • Researchers predict that in 2030, Lagos, Cairo and Kinshasa will each have to cater for over 20 million people, while Luanda, Dar es Salaam and Johannesburg will have crossed the 10 million mark. By 2035, close to 30 million people could live in Lagos alone, turning Nigeria’s commercial hub into the largest megacity on the […]

  • In a rapidly changing world, mobility has become a core component of multinational organizations global talent strategy. To support the growing number of international assignees working in an increased number of locations, organizations are focusing on evaluating assignments from a cultural perspective, preparing for regional and lateral moves and modifying compensation approaches to stay competitive. […]

  • The MasterCard Foundation today, 21 June 2017, announced the appointment of three new members to its Board of Directors. They include Zein Abdalla, former President of PepsiCo, Baroness Valerie Amos, Director of the School of Oriental and African Studies at the University of London and former under secretary General for Humanitarian Affairs and Emergency Relief […]

  • Ansys Limited has today, 21 June 2017, announced its results for the year ended 31 March 2017. Revenue grew by 70% to ZAR806 million whilst EBITDA improved to ZAR113.1 million from ZAR42.8 million in 2016. Net profit was up 239.2% to ZAR67.8 million, contributing to the 203% improvement in HEPS from 4.86 cents in 2016 […]

  • Atterbury Europe has entered into a 50/50 joint venture with IULIUS the joint venture to accelerate the development strategy of IULIUS * a rapid development pace of Openville Timisoara, as well as future projects * strengthening of the IULIUS MALL network on a regional level Atterbury Europe and IULIUS have established a joint financial fund, […]

  • Standard Bank believes that South Africa has an opportunity to re-invigorate its affordable residential build sector through the establishment of listed residential funds. Listed funds attract capital based on their ability to deliver returns through rental income. Developers of residential real estate targeting the ZAR3500 to ZAR7500 per month rental market that partner with listed […]

Energy News ››

  • South African Auditor-General report indicates poor leadership practices

    The local government audit outcomes report for the 2015-16 financial year was released by the South African Auditor-General (AG), Kimi Makwetu on 21 June 2017, revealing that only 49 of the 263 municipalities received a clean audit. Responding to the report, Danny Naidoo, Partner at Mazars comments that it is disappointing to note that overall,

    South African Auditor-General report indicates poor leadership practices
  • Billions held in impact investments in Africa

    The 2016 African Investing for Impact Barometer shows that investments that seek to combine financial returns with positive social, environmental and governance outcomes are flourishing on the African continent. The study identified that more than $350 billion is committed to investing for impact strategies across nine countries. Impact investing has become a key focus for

    Billions held in impact investments in Africa
  • Ansys revenue grew by 70% to ZAR806 million

    Ansys Limited has today, 21 June 2017, announced its results for the year ended 31 March 2017. Revenue grew by 70% to ZAR806 million whilst EBITDA improved to ZAR113.1 million from ZAR42.8 million in 2016. Net profit was up 239.2% to ZAR67.8 million, contributing to the 203% improvement in HEPS from 4.86 cents in 2016

    Ansys revenue grew by 70% to ZAR806 million
  • South African Council of Shopping Centres appoints new President

    Malcolm Horne, Broll Property Group Group CEO, has been appointment President of the South African Council of Shopping Centres (SACSC) at a recent Annual General Meeting.   No stranger to the SACSC, having served on the SACSC Board of Directors from 2013 to 2015 and elected in June 2016 as Vice President, Horne joined Broll in

    South African Council of Shopping Centres appoints new President
  • Innovation is the key to keep Africa moving forward

    In the wake of Africa month it’s easy to be proud of all that we are achieving as a continent. According to the African Development Bank (AfDB), Africa is the continent with the world’s second fastest growing economy. There’s little doubt that our vibrant continent is making great strides towards a bright future, with our

    Innovation is the key to keep Africa moving forward
  • FNB, NAS partner to operate new lounge at Maputo International Airport

    First National Bank (FNB), one of South Africa’s big four, has partnered with National Aviation Services (NAS) (www.NAS.aero) to operate a new departure lounge at the Maputo International Airport for the next five years. The agreement also includes an additional five year renewal option. In 2016, FNB won a bid to manage this new lounge

    FNB, NAS partner to operate new lounge at Maputo International Airport

Recent Viewpoints ››

Marine Economy ››

  • Large shipping losses have declined by 50% over the past decade, largely driven by development of a more robust safety environment by ship-owners, according to Allianz Global Corporate and Specialty SE’s (AGCS) fifth annual Safety and Shipping Review 2017....

  • Stronger global trade is expected this year and as reported by the World Trade Organization, indicators like export orders and container shipping are on the rise at the beginning of 2017. Recognising the uncertainty on economic and policy developments,...

  • Up and down Africa’s coasts, major seaports with bunkering facilities play a key strategic role in keeping sea traffic flowing, and industries growing. It is big business and includes the storage of bunker (ship) fuels and the provision of...

  • While the road ahead may still present significant challenges, some of Africa’s most long-standing internal trade barriers are beginning to show signs of falling. The most recent progression in this regard is the increasing implementation across the continent of...

  • As one of the foremost events on the international Oil and Gas calendar, the 16th Africa Independents Forum (www.Africa-IndependentsForum.com) to take place in London over 24 and 25 May 2017,  brings together all stakeholders in Africa’s upstream oil and...

  • Fitch Ratings has affirmed both of Denel’s National Long-Term Rating and National Short-Term Rating as positive. The outlook for both ratings remains stable, with the National Long-Term Rating at AAA (zaf) while the National Short-Term Rating is at F1+...

  • Transnet National Ports Authority (TNPA) appointed Oiltanking Grindrod Calulo Holdings to plan, fund, construct, maintain and operate a new liquid bulk handling facility at the Port of Ngqura. “This milestone signals progress in our plans to free up port...

  • Already the world’s second-largest and second-most-populous continent, with 1.2 billion people as of 2016, Africa accounts for about 16% of the world’s human population and it is predicted that, by 2034, it will have a larger workforce than China...

  • Transnet has officially launched its first locomotive to serve the African continent. Speaking on 4 April 2017 in Pretoria, South Africa during the launch of the Trans Africa Locomotive, President Jacob Zuma says the completion of the locomotive is...

  • The reefer trade (refrigerated cargo solutions) sector contributes positively to the South African economy by creating employment and stimulating economic growth. This is according to Matthew Conroy, Trade Manager of Maersk Line Southern Africa, a member of Maersk Group,...

Profiles ››

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