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Investment in certain minerals, notably copper and lithium, is falling short of what was required for transition to net-zero energy system
Investment in certain minerals, notably copper and lithium, is falling short of what was required for transition to net-zero energy system
Today’s well-supplied market for critical minerals ‘may not be a good guide for future’
Updated 6 hours ago By: Terence Creamer

A new International Energy Agency (IEA) report describes the sharp decline in critical mineral prices over the past year as a double-edged sword, cautioning that, while it has been a boon for clean energy deployment and affordability, it is a bane... 


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President Cyril Ramaphosa may sign ERA Bill ahead of the elections
Eyes turn to Union Buildings after NCOP approves Electricity Regulation Amendment Bill
16th May 2024 By: Terence Creamer

The National Council of Provinces (NCOP) has approved the Electricity Regulation Amendment (ERA) Bill, which has far-reaching implications for the future structure and operation of an electricity... 


An image of Afrimat CEO Andries van Heerden
Afrimat delivers strong full-year results, continuing growth
16th May 2024 By: Tasneem Bulbulia

During its financial year to February 29, midtier mining and materials company Afrimat invested considerably in projects that are expected to yield fruitful returns and further strengthen diversity... 


RMB provides bespoke $100m funding package to Powerfleet
16th May 2024 By: Tasneem Bulbulia

Financial services provider Rand Merchant Bank (RMB) acted as the sole mandated lead arranger and funder of a $100-million funding package for global telematics business Powerfleet. The entity was... 


The Msikaba bridge
Concor’s Msikaba bridge progresses to highly technical phases
16th May 2024 By: Irma Venter

Construction at the Msikaba Bridge on the N2 in the Eastern Cape is set to move up a gear this year, with a number of challenging technical activities to be tackled. According to contractor Concor,... 


Alboricah Rathupetsane
Opinion: Time to open the floodgates on infrastructure development
16th May 2024

In this article, Stellenbosch University PhD student and Centre for Sustainability Transitions junior researcher Alboricah Rathupetsane writes about the impact of extreme weather events on South... 


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Threats of legal action after Ramaphosa signs NHI into law
Threats of legal action after Ramaphosa signs NHI into law
16th May 2024 By: Thabi Shomolekae

Civil society organisations and political parties are threatening legal action following Wednesday’s controversial signing of the National Health Insurance Bill. President Cyril Ramaphosa, who... 


Higher Education & Training DDG Zukile Mvalo
PGM-boosted green hydrogen backed by resolute South African govt's commitment
16th May 2024 By: Martin Creamer

The production of green hydrogen, which is most effectively generated when catalysed by platinum group metals (PGMs), has profound economic and social implications, including job creation, skills... 


ANC leader Cyril Ramaphosa
ANC walks political tightrope over coal plant shutdowns
16th May 2024 By: Reuters

In a ward where South Africa's governing African National Congress won handily in local elections three years ago, party campaign worker Poppy Vilakazi has been getting a decidedly frosty reception... 


Prescient supports Reatile’s acquisition of stake in 240 MW solar project
16th May 2024 By: Creamer Media Reporter

Prescient Investment Management has approved R324-million in equity finance to support black-owned investment company Reatile acquire a 31.5% stake in a 240 MW Free State solar PV project. The... 


Rescue and recovery efforts continue at the site of a building collapse in George
Rescue workers searching two remaining sections at George building collapse
16th May 2024 By: Creamer Media Reporter

The George municipality says about 2 500 t of building rubble has been removed from the site of the collapsed building in the town, which has so far claimed the lives of 33 people. About 500 t of... 


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Transport Minister Sindisiwe Chikunga
UN Global Campaign for Road Safety launched in South Africa
15th May 2024 By: Sabrina Jardim

In support of national and local authorities’ road safety initiatives, the UN Secretary-General's Special Envoy for Road Safety Jean Todt, in partnership with outdoor advertising company JCDecaux,... 


President Cyril Ramaphosa signing the controversial NHI Bill into law at a Union Buildings ceremony
Ramaphosa acknowledges fear over NHI but describes signing as ‘pivotal moment’
15th May 2024 By: Terence Creamer

President Cyril Ramaphosa acknowledged the fear that his signing of the National Health Insurance (NHI) Bill into law had generated in and address during a signing ceremony held at the Union... 


Seifsa president Elias Monage
Seifsa, unions commit to addressing access to housing for sector employees
15th May 2024 By: Schalk Burger

The Metal and Engineering Industries Bargaining Council (MEIBC) negotiations have concluded with a 7% wage increase over the next year for entry-level workers in the metals and engineering industry... 


Persistent corruption concerns reflect letdowns during sixth administration – Corruption Watch
15th May 2024 By: Marleny Arnoldi

Nonprofit monitoring organisation Corruption Watch (CW) has confirmed in its latest report that there are significant concerns about the impact of corruption in the country, particularly a marked... 


Tribunal orders Emfuleni municipality to provide documents to Cape Gate in excessive pricing matter
15th May 2024 By: Creamer Media Reporter

The Competition Tribunal has ordered the Emfuleni local municipality to provide various documents to steel producer and electricity consumer Cape Gate, which alleges that the municipality... 


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Magazine round up | 10 May 2024
Magazine round up | 17 May 2024

A video round up of this week’s magazine, highlighting our cover story, features and Business Leader. 

COPPER LEVERAGE: A revamped minerals-for-infrastructure deal between the Democratic Republic of Congo (DRC) and China’s Sicomines is contingent on the price of copper. Under the new contract, DRC will get $324-million yearly for infrastructure projects from its Chinese partners through to 2040 as long as the copper price remains above $8000/t. If copper rises above $12000/t, 30% of the additional profit will go to financing more infrastructure. If it falls below $8 000, funding will diminish and stop altogether at $5,200/t. Photograph: Bloomberg
COPPER LEVERAGE

A revamped minerals-for-infrastructure deal between the Democratic Republic of Congo (DRC) and China’s Sicomines is contingent on the price of copper. Under the new contract, DRC will get... 

Harmony's Mponeng gold mine.
Miner ups full-year output and grades, lowers cost and capital guidance

Execution and preparatory work on key gold projects are on track in South Africa, and early works on the copper project in Australia are to commence, Harmony Gold reported on Tuesday. In South... 

Photo of Terence Creamer
Green stimulus

South Africa’s manufacturing sector is in dire need of stimulus. In its recently released ‘Industrial Policy & Strategy Review’, the Department of Trade, Industry and Competition (dtic) confirmed... 

Business Leader

 	Mark Wilson, CEO for Europe, Middle East and Africa as well as Asia Pacific at SYSPRO
Mark Wilson

This week we profile Mark Wilson, CEO for Europe, Middle East and Africa as well as Asia Pacific at SYSPRO, a provider of enterprise resource planning software 

THE OTHER POLL
THE OTHER POLL

There has been much discussion about South Africa’s attractiveness to investors following BHP’s bid for Anglo American’s non-South African assets and confirmation that Shell will be disinvesting... 

Showroom

Immersive Technologies
Immersive Technologies

Immersive Technologies is the world's largest, proven and tested supplier of simulator training solutions to the global resources industry.

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Booyco Electronics
Booyco Electronics

Booyco Electronics, South African pioneer of Proximity Detection Systems, offers safety solutions for underground and surface mining, quarrying,...

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VEGA Controls SA (Pty) Ltd
VEGA Controls SA (Pty) Ltd

For over 60 years, VEGA has provided industry-leading products for the measurement of level, density, weight and pressure. As the inventor of the...

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Rittal
Rittal

Rittal is a world leading provider of top-quality integrated systems for enclosures, power distribution, climate control, IT infrastructure and...

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