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Business

sasol

CLEANING HOUSE

South Africa: Sasol to revise greenhouse gas emissions target from 10% to 30% by 2030

In 2017, Sasol had a good run rate on its South African facilities resulting in high output. But that productive year came at the environmental ... cost of an elevated emission footprint. Based on that, the listed integrated chemicals company has now revised its greenhouse gas (GHG) emissions target upwards to 30%, from an initial 10%, by 2030.

Long Haul

Kenya Airways to seek more loan deferrals as it awaits nationalisation

Kenya Airways will need to ask its lenders for more deferrals of capital repayments as it waits for parliament to approve its planned nationalisation, ... CEO Allan Kilavuka tells The Africa Report.

A tale of new cities

Egypt: Major building boom breathes life into 37 new smart city projects

The Egyptian military as well as foreign and local contractors are benefiting from a major government-backed programme to build new cities and ... infrastructure.

economic freedom

Smaller African states have more economic freedom

From property rights to financial freedom, small African countries are racing ahead of the continent's largest economies in advancing economic ... freedom, as they look to build business opportunities for their citizens.

Business top stories

sasol

CLEANING HOUSE

South Africa: Sasol to revise greenhouse gas emissions target from 10% to 30% by 2030

Long Haul

Kenya Airways to seek more loan deferrals as it awaits nationalisation

A tale of new cities

Egypt: Major building boom breathes life into 37 new smart city projects

sasol

CLEANING HOUSE

South Africa: Sasol to revise greenhouse gas emissions target from 10% to 30% by 2030

Long Haul

Kenya Airways to seek more loan deferrals as it awaits nationalisation

A tale of new cities

Egypt: Major building boom breathes life into 37 new smart city projects

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HealthTech Scale

African health-tech, biotech can emerge as Covid winners, report says

Africa’s health-tech and biotech industries have the opportunity to use Covid-19 to accelerate their development, according to a new report. ...

SURPRISE RECOVERY

South Africa: Transnet & mining sector join hands to resolve bottlenecks at rail and port

Amid an unexpected surge in demand and price boom for commodities, some miners in South Africa are sitting on stockpiles and struggling to reach ... 2019 export targets because of bottlenecks on rail and capacity problems at the country’s ports.

A South African Airways (SAA) plane is towed at O.R. Tambo International Airport in Johannesburg

Steep Curve

South African Airways needs culture reset as take-off approaches

South African Airways (SAA), which takes to the skies again on 23 September, will need to develop a culture of stable management under its prospective ... new owners if it is to succeed, analysts say.

Africa Insight

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state-owned power

South Africa: Eskom CEO discusses the way forward for the company

Eskom, South Africa’s state-owned power utility, is facing a litany of challenges. The Conversation Africa asked Professor Anton Eberhard, ... director of the Power Futures Lab at the University of Cape Town’s Graduate School of Business, to pose questions to the power utility’s CEO, André de Ruyter.

Zoning In on Funding

Nigeria: Lagos Free Zone plans new bond sale early in 2022, CFO says

Lagos Free Zone Company plans to seek new financing early next year after raising 10.5bn naira ($25m) in a bond sale this month, CFO Ashish Khemka ... tells The Africa Report.

GREAT RETAIL MIGRATION

South Africa: Shoprite’s exit from rest of Africa points to cautionary ‘chasing the cycle’ strategy

Shoprite, the largest supermarket retailer on the continent, is spreading its wings in its home market while implementing a substantial pull ... back from West and East Africa. The move is in line with a recent trend among South African retailers divesting from their operations in the rest of the continent.

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