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News, Directory, Events and Other Stuff
Johannesburg, 22 August 2025 – Volkswagen is excited to return to the Festival of Motoring from 29 – 31 August 2025 at the Kyalami Grand Prix Circuit. This year’s show promises to be an unforgettable experience as the brand will introduce a range of exciting new models and offer exclusive surprises for visitors. The new …
In a press release issued on the 20 August 2025, the Financial Sector Conduct Authority (FSCA) warned the public not to deal with an entity referring or purporting to be “Octodec Invest Ltd” claiming to be associated with the Johannesburg Stock Exchange (JSE), a licensed stock exchange. The entity is using the name similar to …
South Africa stands at a fascinating crossroads. Often perceived to be lagging behind the developed world, the nation has a unique opportunity to not only catch up, but to leapfrog established markets like Europe and the USA in the long-term adoption of New Energy Vehicles (NEVs). This won’t be driven solely by the introduction of …
Stellantis is proud to support the Ndlovu Youth Choir’s Heritage Tour, a nationwide celebration of South Africa’s cultural richness, resilience, and youth potential. This partnership reflects Stellantis’ global commitment to diversity, inclusion, and community engagement — values that guide our ambition to shape mobility with purpose. Taking place during Heritage Month, the tour brings the …
Pretoria, South Africa – 21 August 2025: JLR has reached a significant milestone in the roll-out of its global renewable energy strategy with the opening of a new solar farm the size of up to 36 football pitches at its Gaydon headquarters this summer. The 26-hectare, 18MW facility will supply up to 31% of the …
Octodec is using JSE’s name (a licensed Stock Exchange) without any approval, creating an impression that it is affiliated to the JSE and that its activities are approved by JSE when this is not the case. JSE legal counsel has confirmed that Octodec is not in any way linked to the JSE. Octodec’s unauthorised use …
The organisers of the upcoming Carbon Markets Africa Summit have announced the diamond sponsorship of TASC, the award-winning and pioneering carbon finance project developer with a proven track record of innovative climate mitigating techniques and investing in local communities.
Taking place in Johannesburg from 22 to 23 October, Carbon Markets Africa Summit will gather the continent's entire carbon markets value chain, from successful early carbon market movers, climate-finance-ready projects and regulatory bodies to global institutional development organisations and investors.
High-impact carbon projects at scale
“At its core, TASC is community-driven and we believe in delivering real-world social and environmental impact rooted in rigorous carbon science,” says Shelley Estcourt, TASC's CEO for Africa.
She adds: “We focus on delivering high-integrity, high-impact carbon projects at scale.
Historically, we have been focused on cookstoves, but our GRASS* project is a testament to our ability to diversify quite significantly. Backed by a dedicated in-house R&D team, we are constantly innovating and exploring new methodologies, platforms, and country partnerships. We have a big focus on projects that deliver impact at scale, combined with sound carbon modelling and science.”
* Grassland Restoration and Stewardship in South Africa
TASC is currently active across sub-Saharan Africa and Australia, with expansion plans into other parts of Africa and the Australasian region. Their focus is on jurisdictions with advanced Article 6 carbon market frameworks, where the enabling environment allows for long-term, scalable impact.
950,000 cookstoves distributed
In 2023, TASC won the Environmental Finance Voluntary Carbon Market Award for its cookstove project. “The award and the associated finance mechanism via Standard Bank were instrumental,” says Estcourt.
“It enabled us to repay early-stage funding and significantly expand the scope of the programme. To date, we've distributed clean cookstoves to over 950,000 households across rural South Africa, with benefits for both community health and carbon reductions.”
Reversing effects of climate change
TASC's GRASS project directly tackles the consequences of climate change by restoring degraded rangelands, boosting carbon sequestration, and building long-term resilience for rural communities.
Escourt: “Climate change has significantly reduced the adaptive capacity of farmers, which sees them to increased drought vulnerability, erosion, bare soils, and more extreme weather impacts. GRASS helps reverse these effects by improving water-holding capacity, stabilising soil temperatures, reducing erosion, and increasing biodiversity across hundreds of thousands of hectares.”
GRASS is also the world's first project registered under Verra's VM0042 methodology, enabling robust monitoring and the generation of certified carbon credits.
Important opportunity
As the diamond sponsor of the inaugural Carbon Markets Africa Summit in Johannesburg from 22–23 October, TASC is excited to be part of what Estcourt describes as “an important opportunity to bring thought leaders, developers, policymakers, and buyers into one room. It's a platform to hopefully accelerate Article 6 readiness, deepen understanding of what high-impact projects look like on the ground, and promote stronger collaboration across the continent.”
She continues: “For buyers, this is your chance to meet developers face-to-face, ask the hard questions, and build real trust in the market. Come and listen to the passion.”
[Read the full interview with TASC's Shelley Estcourt here: http://apo-opa.co/4p1Hfw3]
Event dates and location:
Dates:
21 October: Pre-summit day
22–23 October: Summit
Location: Johannesburg, South Africa
Distributed by APO Group on behalf of VUKA Group.
Contact details for TASC:
Commercial Director: Dr Storm Patel
Email: storm@tasc.je
Contact details for Carbon Markets Africa Summit:
Project Lead: Emmanuelle Nicholls
Cell: +27 83 447 8410
Email: emmanuelle.nicholls@wearevuka.com
Event website: About — Carbon Markets Africa: www.CarbonMarketsAfrica.com/about
About VUKA Group:
Carbon Markets Africa Summit is organised by VUKA Group, which has more than 20 years' experience in serving the business community across Africa. The United Nations Development Programme (UNDP) is the official host organisation.
Tata Motors Passenger Vehicles (TMPV), a subsidiary of Tata Motors—India’s largest automotive manufacturer has formally re-entered the South African passenger vehicle market, marking the beginning of a new era for the company and its brands. The launch event, held at The Galleria in Sandton, Johannesburg, included the unveiling of four dynamic models: the Harrier, Curvv, …
Duplex coating – combining hot dip galvanizing with painting – is an extremely effective method of corrosion control. “Paint on hot dip galvanizing is an excellent system, but it does require that everyone in the value chain understands the requirements for best practice,” says Robin Clarke, Executive Director of the Hot Dip Galvanizers Association of …
Investing can feel like a daunting task, especially with unpredictable markets and an overwhelming number of options to choose from. Many South Africans want to grow their wealth but are also mindful of protecting what they have already built – the challenge is finding investments that offer both security and opportunity. One such investment solution …
Johannesburg, August 2025 – Audi South Africa is proud to introduce the all-new Audi A5 Sedan. With its refined design, intelligent technology and confident performance, it brings a fresh sense of dynamism to the midsize segment. “The new Audi A5 enters its third generation, proudly continuing the model’s distinctive design legacy. Elegant, dynamic and unmistakably …
PRETORIA, SOUTH AFRICA, 18 August 2025 – Ford Motor Company of Southern Africa (Manufacturing) (Pty) Ltd (FMCSA) has commenced with several product recall notices, affecting different models and production batches. Ford Ranger: Transmission Main Control Valve Body Replacement FMCSA has commenced a Safety Recall relating to certain 2025 Ford Ranger vehicles. FMCSA has identified that …
Johannesburg, 18 August 2025 – Hyundai Automotive South Africa is proud to announce its participation in the upcoming National Small Business Chamber (NSBC) The Business Show Africa 2025, taking place from 3–4 September 2025 at the Sandton Convention Centre. Most entrepreneurs and small businesses across South Africa lack access to advanced fleet management tools or …
African Energy Week (AEW) 2025: Invest in African Energies is proud to announce that the Organization of the Petroleum Exporting Countries (OPEC) has joined as an Official Partner of the continent's leading energy event, taking place in Cape Town from September 29 to October 3. This milestone marks a decisive step forward in positioning Africa not only as a supplier but as a strategic partner in global energy decision-making. With OPEC now fully engaged in AEW 2025, Africa's priorities – from oil and gas to development and energy access – will be shaped on its own terms.
OPEC's participation comes at a pivotal moment for African energy. Countries such as Nigeria, Algeria, the Republic of the Congo, Equatorial Guinea, Gabon and Libya – as well as emerging producers like Senegal and Namibia – already play central roles in OPEC's global agenda. The partnership further extends to African OPEC+ members like South Sudan and observing participants such as Egypt, forming a powerful bloc of African producers with the potential to shape upstream policy, mobilize investment and drive regional integration. Meanwhile, Saudi Arabia's deepening energy ties with Africa – from infrastructure and renewables investments like Egypt's Kom Ombo solar plant to South Africa's Project DAO hybrid facility, alongside strategic partnerships through ACWA Power – underscore a broader, long-term commitment to the continent's energy future.
A critical dimension of Africa's energy agenda is clean cooking. Nearly one billion Africans still lack access to clean cooking solutions, posing a major health, environmental and gender equity challenge. For African OPEC and OPEC+ producers, expanding access to cleaner fuels like LPG represents both a development imperative and an untapped market opportunity. As the continent ramps up gas production and infrastructure, prioritizing clean cooking access can create jobs, reduce deforestation, improve public health and drive inclusive growth.
In strategic alignment with AEW 2025, OPEC's involvement is also set to catalyze critical dialogue on unlocking upstream investment across Africa while bolstering global advocacy against bans on fossil fuel financing – policies that have long stunted the continent's development. As the African Energy Chamber has emphasized, OPEC members can play a constructive role in pressing institutions like the World Bank to reconsider restrictive financing frameworks and support equity-based development agendas across African producer states.
“Having OPEC officially partner with AEW 2025 is a game-changer – not just for the event, but for the entire continent,” said NJ Ayuk, Executive Chairman of the AEC. “At a time when global markets are navigating deep uncertainty and rising demand, this partnership sends a clear message: Africa is ready to lead, ready to produce and ready to take its rightful place at the center of global energy discussions. AEW 2025 will be the platform where Africa's energy priorities are aligned with global dynamics, and where African voices don't just participate – they lead.”
With OPEC and Saudi Arabia now deeply invested in Africa's energy trajectory – both through fossil fuel and clean energy channels – AEW 2025 presents a strategic opportunity to convert policy influence into capital, regional development, clean cooking access and energy security. From high-level ministerial participation to deal‑signing and dialogue on the sidelines, this collaboration will elevate AEW into a true continental showcase for African energy ambition.
Distributed by APO Group on behalf of African Energy Chamber.
About AEW: Invest in African Energies:
AEW: Invest in African Energies is the platform of choice for project operators, financiers, technology providers and government, and has emerged as the official place to sign deals in African energy. Visit www.AECWeek.com for more information about this exciting event.
Network International (Network) (www.Network.ae), a leading enabler of digital commerce in the Middle East and Africa, has been chosen by Absa Business Banking, one of Africa's leading business banks, as its digital payments technology partner.
Network will provide Absa Business Banking with end-to-end payment processing capabilities through a single payments platform and fully outsourced managed services model.
The uptake of Payments as a Service (PaaS) is fuelled by Africa's growing cloud adoption, which can be likened to the continent's rapid growth in smartphone ownership. According to analysts, cloud adoption in Africa is accelerating rapidly, nearing levels seen in North America and China.
“This new partnership marks a significant milestone for our company in Southern Africa and opens new avenues for growth and innovation. The growing adoption in cloud technologies has perfectly primed both fintech and traditional financial institutions to turbo-charge digital innovation. Working with managed service providers allows institutions to quickly and simply deliver new products and services to an increasingly digitally savvy customer,” comments Richard Kadiaka, Regional Managing Director, Southern Africa – Processing Services, Network International.
Modernising fleet and commercial cards
Fuel card fraud is a challenge for fleet managers which can lead to substantial financial losses over time. At the same time, connected vehicle concepts, digitisation of payment channels, and a demand for self-service management of cards requires enhanced stability and innovation in this space.
As part of its efforts to enhance its offering in the fleet and commercial card space, Absa has partnered with Network International. Through this collaboration, services will include card management for fleet cards and commercial prepaid cards, transaction switching and authorisation, integration with fleet management software, direct connectivity to Absa Bank systems, card tokenisation, digital wallets, an online self-service platform and an expense management solution.
“As the ‘Bank of the Entrepreneur,' we are committed to delivering seamless, secure and smart payment solutions to meet our clients' specific needs,” says Banie Claasen, Managing Executive for Lending Products at Absa Business Banking. “By combining our deep sector expertise with Network International's leading technology, we're empowering businesses with enhanced control and security, greater transparency and a frictionless payment experience. This collaboration underscores our commitment to innovation and customer-centricity.”
A new dawn for African payments
African financial institutions are undergoing a seismic shift, with Africa's financial services market potentially growing to about 10 percent per annum, reaching $230 billion in revenues by 2025 according to McKinsey. The growth will include many new payment products as more organisations understand the importance of offering safe omni-channel solutions.
Distributed by APO Group on behalf of Network International.
About Network International
Network International (http://www.Network.ae/en) is the Middle East and Africa's leading fintech company. Our purpose is to help businesses and economies grow by simplifying payments and commerce. We support governments, banks, fintechs, telcos, merchants, and public sector companies in 50+ countries. We have 3,000+ employees based in our markets serving 250+ financial institutions and 240,000+ merchants.
About Absa Group Limited
Absa Group Limited (‘Absa Group') is listed on the Johannesburg Stock Exchange and is one of Africa's largest diversified financial services groups.
Absa Group offers an integrated set of products and services across personal and business banking, corporate and investment banking, wealth and investment management and insurance.
Absa Group owns majority stakes in banks in Botswana, Ghana, Kenya, Mauritius, Mozambique, Seychelles, South Africa, Tanzania (Absa Bank Tanzania and National Bank of Commerce), Uganda and Zambia and has insurance operations in Botswana, Kenya, Mozambique, South Africa and Zambia. Absa also has offices in China, Namibia, Nigeria and the United States, as well as securities entities in the United Kingdom and the United States, along with technology support colleagues in the Czech Republic.
For further information about Absa Group Limited, visit www.Absa.africa.
As more South Africans turn to solar power to cut costs and outlast loadshedding, one major obstacle is becoming clear: apartments and rooftop solar don’t mix well – at least, not under current conditions. Nearly 70% of South Africans now live in urban centres where communal properties are the norm. Yet in apartments, ownership ends …
On 14 August 2025, McDonald’s South Africa hosted a powerful and inspiring panel discussion titled “Women in Conversation: The Power of Mentorship” at Hamburger University, the company’s leadership and training centre in Johannesburg. The event formed part of the McDonald’s Women in Leadership Network’s Women’s Month activities and coincided with the company’s 30-year presence in …
Many South African families are only one emergency away from financial trouble. With the rising cost of food, fuel and electricity, even a small, unexpected expense like a burst geyser or medical bill can push a household into debt. Despite this, most people still don’t have money saved for a rainy day, and without a …
Joelene Pierce to take up the reigns as CEO from 1 March 2026 Press Release – Johannesburg, South Africa, 4 August 2025; KPMG in South Africa today announced theappointment of Joelene Pierce as the new CEO of the firm in South Africa, effective 1 March 2026. Theappointment is made as a result of current CEO
The post KPMG appoints new CEO for South Africa to lead the business in 2026 and beyond first appeared on Impact Newswire.
Cape Town, South Africa – – In a city where sea air, strong winds, and winter rains can cause havoc to buildings, one company is making waves by protecting and restoring Cape Town’s properties — and doing it with a touch of artistry. Wilcote Cape Town, a specialist in waterproofing, roof repairs, and professional painting …
Tata Motors Passenger Vehicles Ltd. (TMPV), a subsidiary of Tata Motors Ltd.—India’s largest automotive company—today announced its entry into South Africa. TMPV has appointed Motus Holdings Ltd, South Africa’s leading automotive group, as the exclusive distributor of its passenger vehicle range. Tata Motors ranks among India’s most admired and rapidly expanding automotive brands. With a …
Following the South African Reserve Bank’s (SARB) recent reduction of the repo rate by 25 basis points to 7%, many consumers are asking how interest rates practically impact car loans. Leading vehicle and asset finance provider, WesBank has stepped forward to unpack this relationship and what it means for both new and existing vehicle finance …
Mahindra South Africa inaugurated its new, purpose-built Vehicle Assembly Facility yesterday at the Dube TradePort Special Economic Zone in KwaZulu-Natal, marking a major step in the brand’s journey as it enters its third decade in the country. The new plant, located close to Mahindra’s original 2018 assembly site, represents a significant scale-up in both capacity …
If you’re considering choosing a balloon payment when financing a new car, you’re not alone. South African banks report that as many as a third of car loan customers are choosing the maximum balloon payment to reduce their monthly repayments. However, it’s wise to consider the long-term impact before committing to a balloon payment. Ernest …
