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Tharisa CEO Phoevos Pouroulis
Tharisa reports highest ever quarterly chrome output, increased PGMs production
11th January 2024 By: Darren Parker

London- and JSE-listed Tharisa has reported an 8.7% increase in mill throughput at its South African operations to more than 1.4-million tonnes, with improvements in both grade and recovery for... 


Seifsa hopes for more PPPs this year
9th January 2024 By: Marleny Arnoldi

The Steel and Engineering Industries Federation of Southern Africa (Seifsa) will continue to advocate for more private sector participation in public infrastructure this year, with CEO Lucio... 


Image of the Ashok Leyland Dost
Ashok Leyland’s Dost workhorse makes its local debut
9th January 2024 By: Irma Venter

India’s Ashok Leyland has entered the Southern African commercial vehicle market with its Dost 1.5 l turbodiesel workhorse. Headquartered in Chennai with nine manufacturing plants, Ashok Leyland is... 


Professor Raymond Parsons
Policy uncertainty lower in fourth quarter, but remains highly elevated – NWU
8th January 2024 By: Schalk Burger

The North-West University (NWU) Business School Policy Uncertainty Index (PUI) for the fourth quarter of 2023 showed a welcome easing to 65.5 from its 71.8 in third quarter. However, the presence... 


Samsung Director resigns after almost two decades of unwavering dedication
Samsung Director resigns after almost two decades of unwavering dedication
21st December 2023

Hlubi Shivanda: A True Transformation Story Worth Celebrating! After 19 years of true loyalty, passion and dedicated service at Samsung Electronics South Africa, Hlubi Shivanda: Business Operations... 


Antofagasta's Centinela mine
Antofagasta to invest $4.4bn in Centinela expansion
20th December 2023 By: Chanel de Bruyn

Chilean copper miner Antofagasta has approved the construction of its Centinela Second Concentrator project, which will add 170 000 t/y of copper-equivalent to the company's production. "The... 


Critical Metals improves logistics infrastructure for 2024 ramp up
20th December 2023 By: Donna Slater

Southern Africa- and Americas-focused developer and miner Critical Metals is progressing with the development of its Molulu copper-cobalt project, in the Democratic Republic of Congo (DRC), being... 


Coal shipments on Transnet freight-rail network have plunged to 30-year lows and iron-ore railings are at their lowest in a decade
Crumbling South African rail prompts Botswana to forge new route
19th December 2023 By: Bloomberg

Botswana has received unsolicited bids from investors to build a rail line to a Namibian port that will help avoid South Africa and its disintegrating logistics network. The 1 500 km... 


Lesetja Kganyago said the profits on the account exist on paper unless they are realised by selling the underlying assets, warning that using them could diminish the country’s reserves and potentially leave it more vulnerable to future shocks
South Africa eyes half of $27bn contingency funds to cut debt
18th December 2023 By: Bloomberg

South Africa’s National Treasury is considering withdrawing as much as half of the R497-billion of contingency reserves held by the central bank to help reduce the government’s debt load or fund... 


The Gebrüder Weiss Peak Evolution Team reached an altitude of 6 500 m in their solar and electric powered Aebi Schmidt truck
Solar-powered e-truck sets new altitude record
18th December 2023 By: Donna Slater

A team of explorers – the Gebrüder Weiss Peak Evolution Team – followed through on successfully setting a new world altitude record for electric vehicles after driving an electric truck to an... 


Tha Tharisa mine
Tharisa's full-year earnings take a knock, but chrome volumes, prices remain strong
14th December 2023 By: Kenneth Creamer

Miner, processor and marketer of chrome and platinum group metals (PGMs) Tharisa reported a 49.1% year-on-year decrease in earnings a share to $0.27 for the financial year ended September 30.... 


The rooftop of the IWC mega-warehouse in Ghana
16.82 MW rooftop solar project to be built on IWC mega-warehouse in Ghana
14th December 2023 By: Schalk Burger

Ghanaian conglomerate company LMI Holdings, through its subsidiary Helios Solar Company, is building a 16.82 MW solar rooftop power system on its logistics subsidiary IWC's mega-warehouse, which is... 


A TFR locomotive
South Africa aims to fire up economic growth with port, rail revival
13th December 2023 By: Bloomberg

South Africa’s government and the business community set a target of boosting the economic growth rate by as much as six percentage points by fixing the country’s collapsing ports and freight-rail... 


Deep Yellow confirms higher-value, lower capital cost in Tumas DFS review
12th December 2023 By: Marleny Arnoldi

After reviewing a definitive feasibility study (DFS) on the Tumas uranium project, in Namibia, ASX-listed Deep Yellow has made positive reassessments of capital expenditure and the value of the... 


Incitec Pivot names new chief executive
12th December 2023 By: Reuters

Incitec Pivot said on Tuesday Mauro Neves de Moraes will join the Australian fertilizer maker as its chief executive officer and managing director, effective January 22, 2024. He will take over... 


The Port of Richards Bay
Transnet issues South Dunes liquid bulk and green fuels terminal RFP
11th December 2023 By: Schalk Burger

The State-owned Transnet National Ports Authority (TNPA) has issued a request for proposals (RFP) for the appointment of suitable terminal operator to fund, design, develop, operate, maintain and... 


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... 


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... 


A total of 1188 screenings took place at 20 locations across seven provinces in South Africa
Engen Driver Wellness records over 1 000 successful health screenings
11th December 2023

Commercial truck drivers across South Africa recently participated in Engen's annual Driver Wellness programme, receiving over a thousand free voluntary health screenings. In collaboration with... 


An image of Anglo American CE Duncan Wanblad
Anglo reconfigures some assets as it targets lower costs, capex
8th December 2023 By: Tasneem Bulbulia

Global diversified miner Anglo American is focusing on improving its cost performance and cash generation by reconfiguring several assets to adjust the production profile to near-term constraints... 


Metalworker
Seifsa warns of dire consequences if govt fails to intervene on AMSA longs closure
8th December 2023 By: Terence Creamer

The Steel and Engineering Industries Federation of Southern Africa (Seifsa) is calling on government to take urgent and decisive action to support the domestic steel sector following ArcelorMittal... 


The Sishen mine
Logistics challenges force Kumba to cut its production guidance for 2024, 2025
8th December 2023 By: Chanel de Bruyn

Although South African iron-ore miner Kumba Iron Ore has continued to deliver improved operational stability at both its Sishen and Kolomela mines, the logistical constraints facing the country has... 


Volkswagen, Egyptian govt to undertake feasibility study on shared painting facility
8th December 2023 By: Irma Venter

Volkswagen and the government of Egypt have signed an agreement to develop a feasibility study on a shared automotive painting facility in the East Port Said Automotive Zone (EPAZ) within the East... 


Startup elevates local production, aims for rapid growth
8th December 2023 By: Nadine Ramdass

To promote renewable energy and local manufacturing, lithium battery manufacturing startup IG3N produces battery storage systems to address the intermittent nature of renewable energy while... 


Hybrid solutions gain traction amid energy challenges
8th December 2023 By: Nadine Ramdass

As loadshedding continues to impact businesses, many corporates are opting for hybrid solutions that leverage grid, generator, and renewable energy, mainly solar, to alleviate the pressure of... 


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. 


Eskom's Megawatt Park office
South Africa set to pick Dan Marokane as new Eskom CEO
7th December 2023 By: Bloomberg

Dan Marokane is expected to be appointed as the new CEO of South Africa’s state power utility Eskom Holdings after an almost year-long search for a candidate, according to people familiar with the... 


New Absa Chair in Future Energy at Wits will host energy modelling lab
7th December 2023 By: Schalk Burger

Financial services firm Absa, in collaboration with the University of the Witwatersrand (Wits) Business School (WBS), has sponsored the newly formed Absa Chair in Future Energy. It will house a... 


Electric forklifts keeping pace with e-commerce warehousing demands
Electric forklifts keeping pace with e-commerce warehousing demands
7th December 2023

Online shopping – or e-commerce – has taken the retail industry by storm, with some sources predicting that by 2040, almost 95% of all shopping will be at least in part facilitated by e-commerce.... 


An image showing a graph from the Afrimat Construction Index
Afrimat Construction Index returns to growth in the third quarter
7th December 2023 By: Tasneem Bulbulia

JSE-listed Afrimat has released the findings of its Afrimat Construction Index (ACI) for the third quarter of the year, and according to economist Dr Roelof Botha, the lethargy of the economy as a... 


Australia's Liontown in talks with US Defence Dept on tantalum supply
7th December 2023 By: Reuters

Miner Liontown Resources is speaking with the United States Department of Defense about supplying tantalum from its Australian operations if the US passes a new regulation by year end as expected,... 


Power Minerals nears offtake, funding agreement with Xiamen on Argentina project
6th December 2023 By: Marleny Arnoldi

Australia-listed Power Minerals is on the cusp of signing a binding offtake, funding and logistics agreement with Shanghai-listed Xiamen Xiangya New Energy for the Salta Lithium project, in... 


Smallholder farmers in Rwanda receiving training in their fields as part of IDH’s approach to develop horticulture value chains
Making the case for a multipronged approach in scaling Africa’s Agri-sector
6th December 2023

By Dominic Strano – Investment Director of IDH Invest From November 18 to 20, the African Agri Investment Indaba (AAII) took place in Cape Town, South Africa, a key calendar event for agrifood... 


Road Freight Association CEO Gavin Kelly
Greater govt support for multimodal efficiencies needed, experts agree
5th December 2023 By: Marleny Arnoldi

The cost of logistics in South Africa has increased significantly in the last eight years to about R800-billion a year at present and accounting for half of all products’ inherent costs. This... 


Agbiz CEO Theo Boshoff
Agbiz optimistic about market expansion with addition of new Brics members
5th December 2023 By: Marleny Arnoldi

With more countries to become members of the Brazil, Russia, India, China and South Africa (Brics) grouping, the South African agricultural industry will seek to deepen trade with these countries,... 


Does South Africa really care about the environment?
5th December 2023

By Lance Dickerson, REVOV MD and co-founder Eskom recently announced that the first rollout of its Battery Energy Storage System (BESS) was completed at the Hex substation in Worcester in the... 


SAAFF CEO Dr Juanita Maree
SAAFF welcomes R47bn facility guarantee for Transnet's recovery
4th December 2023 By: Darren Parker

The South African Association of Freight Forwarders (SAAFF) says the R47-billion facility guarantee extended to Transnet, as announced by the government on December 1, is welcome as it may indeed... 


E-House fitted with monitoring control panels specially for a renewable energy application
Modular substations and dry-type transformers pave the way for renewable energy growth in Africa
4th December 2023

The growing renewable energy generation sector in Africa is realising the value of modular substations in solar and wind projects, as well as the suitability of dry-type transformers in these... 


Mining's net fixed capital formation, shown in blue, must be boosted.
Greenfield investment lagging badly, mining’s contribution to economy halved
1st December 2023 By: Martin Creamer

The growth of investment in fresh new greenfield mining projects is lagging badly and the contribution of the South African mining industry to the national economy has more than halved in the last... 


Inside a Tiger Brands factory
Tiger Brands increases revenue, exports volume growth offset by domestic volume decline
1st December 2023 By: Schalk Burger

JSE-listed food and packaged goods company Tiger Brands increased revenue by 10% to R37.4-billion, driven by price inflation of 11%, favourable foreign exchange gains of 1% and marginal overall... 


Factory manager outlook worst since Covid lockdown
1st December 2023 By: Bloomberg

Factory managers in South Africa are the most pessimistic they’ve been about the outlook for business conditions since the strictest months of a Covid-19 lockdown three years ago, amid continuing... 


Smart mobility in the South African context
Smart mobility in the South African context
1st December 2023

By Prof Dilip Kumar Das and Prof Mohamed Mostafa Many countries across the world are actively seeking to transform their cities into smart cities, or to establish new ones. At the core of this... 


Transport Evolution West Africa: Debut Expo and Forum in Ghana Signals Regional Industry Growth
1st December 2023

The West African region presents a promising landscape for investment and partnerships aimed at advancing the transport and logistics industry. To foster more collaborations and drive further... 


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