R/€ = 16.28 Change: 0.03
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Au 1645.49 $/oz Change: 36.50
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Tasneem Bulbulia

Tasneem Bulbulia

Tasneem Bulbulia is a Creamer Media Senior Online Writer for Engineering News and Mining Weekly.

Tel: +2711 622 3744


Busa warns electricity tariff increases will hold industry back

21st February 2020 Business Unity South Africa (Busa) has said it broadly opposes Eskom’s regulatory clearing account (RCA) application for 2018/19 and any future RCA applications that would result in electricity price increases excessively beyond those already granted by the National Energy Regulator of South... 

Adam Boehler named executive chairperson of Prosper Africa

21st February 2020 US Development Finance Corporation (DFC) CEO Adam Boehler has been selected by US President Donald Trump to serve as executive chairperson of Prosper Africa, a US government-led initiative that aims to substantially increase two-way trade and investment between the US and Africa. He will lead... 

High gold prices underpin AngloGold’s financial performance

21st February 2020 JSE-, ASX- and NYSE-listed AngloGold Ashanti nearly doubled its free cash flow to $127-million for the financial year ended December 31, as  well as increased its dividend as a higher gold price and improved efficiencies helped ensure exceptional performances at a number of its key mines.... 

In-house renewable energy could be a boon for SA mines

21st February 2020 With their recent profitability buoyed by price improvements in certain commodities, some South African miners may consider investing part of their windfall gains to create their own renewable energy generating capacity, and according to consultancy SRK Consulting director and principal... 

Fundi launches student accommodation digital platform

20th February 2020 Education funding and solutions provider Fundi on Thursday launched its new digital student accommodation platform, a single-access source for all things student accommodation. Launching the platform at the Rand Club, in Johannesburg, Fundi CEO Tshepo Ditshego said the organisation chose to... 

Balwin to buy Umhlanga property from Tongaat for R167m

19th February 2020 JSE-listed Balwin Properties has concluded an agreement to buy, from Tongaat Hulett Development, Portion 3 & 4 of Erf 3465 Umhlanga Rocks; Portion 6 of ERF 3465 Umhlanga Rocks; the remainder of Erf 3434 Umhlanga Rocks; and the remainder of Erf 3465 and 3457 Umhlanga Rocks, measuring 64 ha in... 

Commission recommends Autopax be separated from PRASA

19th February 2020 The Competition Commission, in its Market Inquiry Into Land Based Public Passenger Transport report, has made a number of provisional recommendations to improve the functioning of public transport in South Africa. It has recommended that Autopax, a subsidiary of the Passenger rail Agency of South... 

CIG reports constrained trading conditions

19th February 2020 JSE-listed Consolidated Infrastructure Group (CIG) says it continues to trade in extremely difficult macroeconomic conditions, with pressure on all businesses. Reporting on the company’s results for the four months ended December 31, CIG on Wednesday said it had, however, initiated interventions... 

Wits DigiMine to host digital mining technology seminar in April

19th February 2020 The Wits Mining Institutes’ (WMI’s) Digital Mining Laboratory, DigiMine, will host a seminar on digital mining technology from April 7 to 9 at the University of the Witwatersrand Club. The seminar is expected to shed light on digital technology trends within the mining industry and will be... 

Openserve says South Africa’s international connectivity restored

19th February 2020 Infrastructure provider Openserve says it has received confirmation from aboard cable ship Leon Thevenin that repairs to the damaged portion of the South Atlantic 3/West Africa Submarine Cable (SAT3/WASC), offshore the Democratic Republic of Congo, have been completed. This concludes a long and... 

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