diff --git a/_servicedata b/_servicedata
index 4c1b98f..79b9b09 100644
--- a/_servicedata
+++ b/_servicedata
@@ -1,4 +1,4 @@
 <servicedata>
 <service name="tar_scm">
                 <param name="url">https://github.com/openSUSE/suse-module-tools.git</param>
-              <param name="changesrevision">065d699b3b505b10a27efcb79acee44215615171</param></service></servicedata>
\ No newline at end of file
+              <param name="changesrevision">2e7447774e720050841ea03eb9f8447191eeffde</param></service></servicedata>
\ No newline at end of file
diff --git a/suse-module-tools-16.0.42.obscpio b/suse-module-tools-16.0.42.obscpio
deleted file mode 100644
index 3710453..0000000
--- a/suse-module-tools-16.0.42.obscpio
+++ /dev/null
@@ -1,3 +0,0 @@
-version https://git-lfs.github.com/spec/v1
-oid sha256:185c9f960e3cbabbf1387c397e6d85fa56b5ff8044465d1d9e6416965eaaf19c
-size 119307
diff --git a/suse-module-tools-16.0.43.obscpio b/suse-module-tools-16.0.43.obscpio
new file mode 100644
index 0000000..2c809fc
--- /dev/null
+++ b/suse-module-tools-16.0.43.obscpio
@@ -0,0 +1,3 @@
+version https://git-lfs.github.com/spec/v1
+oid sha256:a5cf75a33501c2c189d4c31715e4a445900c539ffd8c5cf5e108b38399d38820
+size 120331
diff --git a/suse-module-tools.changes b/suse-module-tools.changes
index 4023977..b0440d1 100644
--- a/suse-module-tools.changes
+++ b/suse-module-tools.changes
@@ -1,3 +1,13 @@
+-------------------------------------------------------------------
+Wed Jan 31 12:02:16 UTC 2024 - Martin Wilck <mwilck@suse.com>
+
+- Update to version 16.0.43:
+  * macros.initrd: %regenerate_initrd_post: don't fail if mkdir is unavailable
+    (boo#1217979)
+  * Don't rebuild existing initramfs imagees if the environment variable
+    SKIP_REGENERATE_ALL=1 is set (boo#1192014)
+  * README: Update blacklist description (gh#openSUSE/suse-module-tools#71)
+
 -------------------------------------------------------------------
 Wed Jan  3 09:59:35 UTC 2024 - Martin Wilck <mwilck@suse.com>
 
diff --git a/suse-module-tools.obsinfo b/suse-module-tools.obsinfo
index 01bc582..142a00a 100644
--- a/suse-module-tools.obsinfo
+++ b/suse-module-tools.obsinfo
@@ -1,4 +1,4 @@
 name: suse-module-tools
-version: 16.0.42
-mtime: 1704275933
-commit: 065d699b3b505b10a27efcb79acee44215615171
+version: 16.0.43
+mtime: 1705070353
+commit: 2e7447774e720050841ea03eb9f8447191eeffde
diff --git a/suse-module-tools.spec b/suse-module-tools.spec
index 6ecf4dc..051f826 100644
--- a/suse-module-tools.spec
+++ b/suse-module-tools.spec
@@ -36,7 +36,7 @@
 %global modprobe_conf_rpmsave %(echo "%{modprobe_conf_files}" | sed 's,\\([^ ]*\\),%{_sysconfdir}/modprobe.d/\\1.conf.rpmsave,g')
 
 Name:           suse-module-tools
-Version:        16.0.42
+Version:        16.0.43
 Release:        0
 Summary:        Configuration for module loading and SUSE-specific utilities for KMPs
 License:        GPL-2.0-or-later