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ACI dips to levels last seen at start of Covid-19 as industry buckles under challenges
11th December 2023 By: Marleny Arnoldi

The Agricultural Business Chamber (Agbiz)/Industrial Development Corporation Agribusiness Confidence Index (ACI) deteriorated by ten points to 40 in the fourth quarter of the year. Notably, Agbiz... 


Hive Hydrogen South Africa chairperson Thulani Gcabashe (left) and Itochu Africa Bloc CEO Shinya Ishizuka. Use of green hydrogen to combat climate change is an objective both companies share.
Hive Hydrogen project will show how just energy transition is possible, says Gcabashe
11th December 2023 By: Martin Creamer

Through its green ammonia export project in the Eastern Cape, the leadership of Hive Hydrogen South Africa intends to show how a just energy transition is possible, Hive Hydrogen chairperson... 


generic doctor with stethoscope
Passage of NHI Bill would spell disaster for the health sector – BLSA
11th December 2023 By: Darren Parker

Business Leadership South Africa CEO Busi Mavuso has warned of the deteriorating health sector without the prospect of recovery, owing in large part to the passage last week of the National Health... 


Panama govt orders First Quantum to end mining operations, country unit says
Panama govt orders First Quantum to end mining operations, country unit says
11th December 2023 By: Reuters

Panama's trade and industry ministry has ordered Canada's First Quantum to end operations at its lucrative copper mine, the firm's unit in the country said on Friday. The ministry sent the unit,... 


Hive Hydrogen South Africa chairperson Thulani Gcabashe and Itochu Africa Bloc CEO Shinya Ishizuka signing memorandum with Japan Ambassador Ushio Shigeru (top right) and Eastern Cape Premier’s office chief of staff Baphelele Mhlaba (top left).
Hive Hydrogen, Itochu sign co-op memo on $5.8bn Coega green ammonia export project
11th December 2023 By: Martin Creamer

Hive Hydrogen South Africa and Itochu Corporation of Japan have signed a memorandum of co-operation to advance Hive’s Coega green ammonia export project in South Africa's Eastern Cape province.... 


India, De Beers seek clarity, flexibility on G7's Russian diamond ban
India, De Beers seek clarity, flexibility on G7's Russian diamond ban
8th December 2023 By: Reuters

India, home to 90% of the world's diamond cutting and polishing industry, and De Beers, the top global rough diamonds producer by value, are seeking clarity and flexibility from G7 countries in... 


A side profile image of sugarcane growing in a field
Financial support aids industry
8th December 2023 By: Trent Roebeck

To address the ongoing negative impacts and challenges posed by the Health Promotion Levy (HPL), or sugar tax, industry association SA Canegrowers, in partnership with millers from the South... 


Malawiʼs tone-deaf President
8th December 2023 By: Martin Zhuwakinyu

Last week I wrote about the latest African craze of exporting skilled citizens to other countries on the continent or abroad as a way of tackling unemployment, especially among the youth. While the... 


Photo of Terence Creamer
No love, but some sympathy
8th December 2023 By: Terence Creamer

There is not much love for ArcelorMittal South Africa (AMSA). The near-monopoly business is seen as over-protected, and under responsive by many of its customers. Many questions have been raised... 


Image of hydrogen electrolysis concept
Boegoebaai green hydrogen programme, South Africa – update
8th December 2023 By: Sheila Barradas

Financial adviser Mizuho International has been appointed to assist Sasol by facilitating an “international search for partners to co-invest and . . . complete further studies" at Boegoebaai. 


Image of graphite ore
Epanko graphite project, Tanzania – update
8th December 2023 By: Sheila Barradas

EcoGraf is advancing towards securing $105-million for project development. 


Image of iron-ore stockpiles
Simandou iron-ore project, Guinea – update
8th December 2023 By: Sheila Barradas

Rio Tinto has earmarked about $10-billion a year in capital investments from 2024 to 2026. 


Image of drill core from the Monte Muambe project
Monte Muambe rare earths project, Mozambique
8th December 2023 By: Sheila Barradas

A scoping study has proposed the openpit mining of Target 1 and Target 4 at the project. 


The Mogalakwena PGMs mine
Anglo American preps sweeping cost cuts as price rout bites – sources
7th December 2023 By: Reuters

Anglo American is preparing to freeze spending on growth and widen job cuts in South Africa, going far beyond its initial savings target and paving the way to mothballing some higher-cost platinum... 


EU carbon tax could cost Africa $25bn, AfDB chief says
7th December 2023 By: Bloomberg

Africa could lose as much as $25-billion annually due to the European Union’s new carbon border tax, hurting the continent’s trade by penalizing valued-added exports such as iron and fertilizers,... 


An image showing the signing of a joint development agreement between the IDC and ACWA
IDC, ACWA Power sign R20bn deal to boost energy security in South Africa
7th December 2023 By: Tasneem Bulbulia

South African development funder the Industrial Development Corporation (IDC) and Saudi Arabia-based electric power generation company ACWA Power Company signed a joint development agreement term... 


Ramaco CEO says Wyoming coal mine discoveries include gallium, germanium
7th December 2023 By: Reuters

Ramaco Resources said it found two more rare minerals in a Wyoming coal mine, adding to its discovery of what the company has called one of the largest deposits of rare-earth elements in the US.... 


XA Global Trade Advisors CEO Donald MacKay
Report poses serious questions about effectiveness of scrap export ban
6th December 2023 By: Terence Creamer

Serious questions about the effectiveness and desirability of South Africa’s prevailing scrap export ban have been raise in a new report, which calls for its immediate lifting unless evidence can... 


Jupiter Mines chairperson Ian Murray
South Africa’s community engagement ahead of global peers, manganese AGM hears
6th December 2023 By: Martin Creamer

The South African mining industry is years ahead of its international peers when it comes to local and community engagement, Australia-listed Jupiter Mines, which owns 49.9% of the Tshipi manganese... 


Global air cargo demand continues on an upward trend
6th December 2023 By: Rebecca Campbell

October was another month that saw increased year-on-year (y-o-y) air cargo demand, the International Air Transport Association (IATA) has reported. (IATA was the global representative body for the... 


Simandou stands out as the world’s biggest untapped high-grade iron-ore deposit, and if approved, promises to be the most extensive greenfield integrated mine and infrastructure investment across the African continent.
Rio Tinto investing $10bn/y in capex, spotlight on Simandou
6th December 2023 By: Mariaan Webb

Diversified major Rio Tinto has earmarked about $10-billion a year in capital investments from 2024 to 2026, with the cornerstone of its investment strategy over the next three years being its... 


Sugarcane fields
Court rules Tongaat, Gledhow must pay R1.5bn in sugar industry agreement fees
5th December 2023 By: Schalk Burger

Durban High Court judge Rashid Vahed on December 4 ruled that the Sugar Industry Agreement creates statutory, not contractual, obligations that are not overridden by the business rescue process... 


Zimbabwe uses platinum to pay back $400m Afreximbank debt
4th December 2023 By: Bloomberg

Zimbabwe is using the proceeds of its platinum exports to settle a $400-million loan from the African Export-Import Bank as the indebted nation turns to its mineral wealth to open lines of credit.... 


Trade, Industry and Competition Minister Ebrahim Patel
South African auto sector to produce first EVs in 2026, says Patel at launch of key White Paper
4th December 2023 By: Tasneem Bulbulia

The Department of Trade, Industry and Competition (dtic) on December 4 released the Electric Vehicles (EV) White Paper, as well as the Green Hydrogen Commercialisation Strategy final report.... 


Tug boats at the Port of Geraldton
Liontown locks in port services deal for Kathleen Valley exports
4th December 2023 By: Creamer Media Reporter

Australian lithium company Liontown Resources has put in place the final link in securing its supply chain for the export of lithium ore from its Kathleen Valley project, in Western Australia, with... 


MMC in Mpumalanga.
Mpumalanga battery manganese aspirant hoping for IDC co-investment
4th December 2023 By: Martin Creamer

Canada-headquartered Giyani Metals, which operates in Botswana, has secured $16-million in financing from South Africa’s Industrial Development Corporation (IDC) to advance a battery-grade... 


Weba Chute Systems has established itself as a leader in transfer point design and manufacture
Weba Chute Systems honoured with SACEEC award
4th December 2023

Weba Chute Systems, a South African original equipment manufacturer specialising in custom-engineered chute systems, was honoured at the Exporter of the Year Awards hosted by the South African... 


$150m in Korea EximBank funding on the cards for Nolans
4th December 2023 By: Creamer Media Reporter

Rare earths developer Arafura has announced a nonbinding letter of interest (LoI) from the Korea export-import bank (KEXIM) for the provision of up to $150-million in debt funding for the Nolans... 


naamsa warns port, rail challenges will negatively impact on South Africa's automotive sector
1st December 2023 By: Creamer Media Reporter

Industry organisation naamsa | The Automotive Business Council says the current logistical challenges at South Africa's ports and across the entire freight rail network in the country are impacting... 


Boegoebaai greenfield site
Sasol appoints adviser to search for Boegoebaai hydrogen export hub coinvestors
1st December 2023 By: Terence Creamer

A financial adviser has been appointed to assist Sasol in a search for potential coinvestors into a green hydrogen and ammonia export hub at Boegoebaai, in the Northern Cape, following the... 


Seifsa president Elias Monage
Opinion: The collapse of the Steel Master Plan and disintegration of industry
1st December 2023

In this opinion article, Steel and Engineering Industries Federation of Southern Africa (Seifsa) president Elias Monage writes about the importance of the steel industry and the challenges the... 


Geotech study by SRK for East London port rehabilitation
Geotech study by SRK for East London port rehabilitation
1st December 2023

As part of the proposed rehabilitation of the century-old Quay Wall 3 at the Port of East London, SRK Consulting has completed a geotechnical investigation to assess ground conditions at the site.... 


Finance Minister Enoch Godongwana
Treasury says equity injection can be averted as it unveils R47bn Transnet guarantee
1st December 2023 By: Terence Creamer

A R47-billion guarantee facility, effective immediately, has been extended to struggling State-owned freight logistics group Transnet in support of its recovery plan and to meet its immediate debt... 


New African export
1st December 2023 By: Martin Zhuwakinyu

I’m in mourning as I pen this piece – it’s only hours after my beloved Bafana Bafana’s 2-0 defeat by football nonentity Rwanda in a qualifier for the 2026 World Cup tournament, to be hosted by... 


Zimbabwe orders lithium miners to submit refinery plans by March 2024
30th November 2023 By: Reuters

Zimbabwe has given lithium miners up to March 2024 to submit plans for the local production of battery-grade lithium in a bid to benefit from growing demand for the clean energy mineral, Finance... 


Stanlib Khanyisa Impact Investment Fund manager Kholofelo Molewa
Stanlib launches country’s first dedicated energy transition asset investment fund
30th November 2023 By: Marleny Arnoldi

Specialist investment manager Stanlib has launched the Khanyisa Energy Transition Fund (KETF) to spark investment in energy transition assets. Khanyisa, meaning “to illuminate”, is a range of... 


Durban Container Terminal landside operations
Durban Container Terminal increases working hours to clear backlog, amongst other measures
30th November 2023 By: Darren Parker

The Durban Container Terminal (DCT) Pier 2 has increased the ship working hours at some of its berths over the last few days to clear the backlog of vessels at anchor, Durban Terminals has... 


hydrogen tank with solar and wind energy
Access to water, logistics infrastructure major hurdles to hydrogen economy
30th November 2023 By: Darren Parker

One of the challenges standing in the way of South Africa becoming a world-class green hydrogen producer is that South Africa is a water-scarce country, and that enormous volumes of water are... 


Affirma exits pure play beverage can GZI investment after ten years
30th November 2023 By: Schalk Burger

Private equity firm Affirma Capital has exited its investment in the GZI Group (GZI) to global investment business Oppenheimer Partners, following its ten-year investment in Africa’s largest... 


Exxaro widens critical metals search to greenfield assets
29th November 2023 By: Reuters

Exxaro Resources is expanding its search for critical mineral assets to greenfield projects, the miner said on Wednesday, as it pursues its strategy to diversify away from coal. Exxaro, one of... 


Exxaro's Grootegeluk operation
Exxaro expects lower full-year volumes, but stable demand
29th November 2023 By: Marleny Arnoldi

Diversified mining and renewable energy group Exxaro Resources says seaborne thermal coal prices have remained under pressure for most of the year, owing to weak demand in Europe and Northeast... 


EcoGraf on its way to securing $105m for Tanzania graphite project
EcoGraf on its way to securing $105m for Tanzania graphite project
29th November 2023 By: Mariaan Webb

Vertically integrated battery anode developer EcoGraf appears to be on its way to securing a substantial $105-million for the development of its Epanko graphite project, in Tanzania. The company,... 


A steel section being made
Finding immediate steel alternatives a concern as AMSA prepares to wind down longs unit
29th November 2023 By: Terence Creamer

ArcelorMittal South Africa (AMSA) has indicated that it will enter discussions with buyers of its noncommodity long-steel products in an effort to limit the disruption that is set to arise because... 


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