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<a>EXCLUSIVE: Start Up Capital’s Justine Kiska reflects on her entrepreneurial journey</a>
After founding her holding company early this year, Start Up Capital together with the Kiska Group, businesswoman, Justine Kiska recently sat down with BusinessTech Africa to share her progress. Kiska exclusively tells this website that the Kiska Group has gone through massive growth and development as they have forged partnerships with various companies. Currently operating
What do truck drivers in South Africa dread the most on the roads
According to new statistics from Webfleet's Road Safety Report for the year, other road users are the primary cause of truck collisions on South African highways. Other road users, such as passenger vehicles, were responsible for 33% of collisions, according to the organisation. According to Webfleet, passenger drivers do not know how to share the
South African citrus growers see a decline in exports but are hopeful of 2023
The South African Citrus Growers Association says it exported lower than predicted volumes to global markets in 2022. CGA says despite packaging 3.2 million more cartons of fruit for export markets this year, the industry packed and exported 5.7 million cartons less (164.8 million cartons) than what was predicted at the beginning of the 2022
Gold Fields suffers blow, lose Yamana deal & CEO Chris Griffith resigns
Following a disappointing mission to buy one of Canada’s biggest gold mines, Gold Fields CEO Chris Griffith has stepped down from his role. BusinessTech Africa has discovered that, through a media release, Griffith has resigned from his position at Goldfields and the miner has expressed disappointment. Under Griffith’s leadership, Gold Fields saw its plan or
Chinese car maker Chery plans to venture into more African countries
After seeing constant progress as far as sales are concerned, Chinese carmaker Chery plans to venture into neighbouring countries. The vehicle maker has seen steady growth in South Africa and Executive Deputy General Manager, Tiny Liu says they still plan to add more dealerships in the country. This comes following a stellar year in South
Aspen to receive R523 million from Bill & Melinda Gates Foundation
Globally recognised pharmaceutical company Aspen will receive $30 million from Bill & Melinda Gates Foundation and the Coalition for Epidemic Preparedness Innovations (CEPI). The JSE-listed pharmaceutical company will receive (R523 million) from the two funders to help manufacture routine and outbreak vaccines for Africa. It is reported that the $15 million each from CEPI and
DRC freezes Vodacom Group’s bank accounts & seals part of offices
The Democratic Republic of Congo has sealed parts of Vodacom Group’s offices and has frozen the company’s bank accounts owing to a tax dispute. The disagreement comes after an audit for the year 2016 until 2019 by the general directorate of taxes that discovered that Vodacom Congo owed more than $243 million. According to a
Uganda says it will not renew Eskom’s licences when it expires in March 2023
Uganda has announced that it will not renew Eskom’s licences when it expires in March next year. The East African country said it wants to bring the electricity sector under the government and to control the reduction of costs to consumers. Eskom was contracted to Uganda to run two hydropower stations but the contracts will
Competition tribunal approves Shoprite’s proposal to buy Massmart Stores
South African retailer Shoprite has received a go-ahead as it plans to buy Massmart but it comes with a lot of terms and conditions. The grocery and household products outlet, Shoprite’s proposed plan was approved by the Competition Tribunal as it wants to acquire certain Massmart-owned supermarkets. The transaction will also include wholesalers and liquor
How much does it cost to drive to South Africa's most popular holiday destinations this December – including gas and tolls
South Africans planning to travel domestically during the December festive season should expect to pay more for transportation than they have in the past due to record-high petrol prices and increased toll costs. According to a recent InfoQuest survey, three out of every four South Africans plan to travel away from home this December, with
Stage 7 load shedding has already begun, according to economists
While power utility Eskom spent much of last week attempting to avoid the dreaded stage 7 load shedding threshold, economists at the Bureau of Economic Research (BER) said it had already been technically crossed. “At a point last week, Eskom was technically ‘shedding’ at stage 7, spread between rolling blackouts and load curtailment on heavy
South African provinces with a higher proportion of unemployed people than employed people
Despite rising interest rates and fuel prices, as well as worsening load shedding, South Africa's unemployment rate fell in the third quarter of 2022. According to Statistics South Africa's latest Quarterly Labour Force Survey (QFLS), which was released on Tuesday (29 November), official unemployment fell by one percentage point from 33.9% in the second quarter
Best crossover SUVs for under R400,000 in South Africa
Crossovers have grown in popularity among South African motorists over the years, in part because they have more clearance than standard hatchbacks, allowing their drivers to handle the challenging terrain and pothole-ridden roads that South Africa has to offer. Another advantage of crossovers is that they provide more space than a hatchback while remaining relatively
Calls for the establishment of state-owned construction companies have been renewed
Construction industry associations have expressed serious reservations about the proposed state-owned construction company's ability to address the country's infrastructure backlog. This follows a debate last week in the National Council of Provinces (NCOP) on the "Creation of provincial and municipal owned-construction companies to eradicate infrastructure backlog and abolish tenders”. Mmabatho Mokause, chief whip of the
Extortion'mafia' strikes SA's nearly R1 trillion mining sector
A threatening letter, a derailed train, closed roads, burned vehicles, and workers imprisoned Extortion, according to some of the world's largest mining companies, is a problem in South Africa. Covid sent Africa's most industrialised country — home to the world's largest deposits of metals ranging from platinum to chrome and manganese — into its deepest
Trade Unions welcome the declaration of December 27 as a public holiday
Following the announcement by the South African parliament to declare December 27 as a public holiday, trade union Fedusa has welcomed the news. This comes as a massive relief to the working class and many may call it an early Christmas present as president Cyril Ramaphosa announced. President Ramaphosa opted to declare Tuesday, December 27
Minister Senzo Mchunu in Lesotho to oversee the Highlands Water Project
South African minister of Water and Sanitation Senzo Mchunu is set to embark on a visit to the Kingdom of Lesotho to speed up the implementation of the Lesotho Highlands Water Project. Phase Two of the Highlands Water Project in Lesotho is seen by Mchunu as one of the highly prioritised projects as he will
Glencore looks to shut down 12 coal mines by the year 2035 to decarbonise
One of the biggest players in the global mining industry, Glencore, says it will shut down 12 coal mines by the year 2035. Glencore said, as the biggest natural resources business, it planned to close the mines as it released its annual results on Wednesday. The mining company, Glencore said with 12 coal mine closures
Pravin Gordhan urges Eskom to ‘urgently’ ease Stage 6 of load shedding
While South Africans are waiting to see changes as far as the load-shedding schedule implemented by Eskom is concerned, Minister of Public Enterprises Pravin Gordhan wants urgency. Gordhan has sent a strong message to the Eskom board to act with urgency in solving the issues regarding Stage 6 of load shedding. On Thursday, Gordhan said
Ethiopian Airlines partners with Boeing to ferry human aid on Boeing 737
Airplane maker Boeing has partnered with Ethiopian Airlines in a massive project to transport humanitarian aid on a Boeing 737 MAX. The delivery flights carried out by Ethiopian Airlines are from Seattle in the United States of America and it is reported that three flights delivered cargo in Ethiopia between November and this month. Simple