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Bidvest sells 27.5% in logistics unit to investment firm Akhona
28th February 2024 By: Bloomberg

A subsidiary of South African conglomerate Bidvest Group is selling a 27.5% stake in a logistics business to black women-owned financial firm Akhona Strategic Investments. Akhona, headed by former... 


Naledi image
Ringrollers brings its expertise to new sectors
27th February 2024

Leading steel products manufacturer Naledi Ringrollers has, for more than 50 years, been committed to high-quality standards and is making significant strides in the railway, general engineering,... 


Deputy President Paul Mashatile
169 Zondo Commission 'recommendations' still under investigation – Mashatile
27th February 2024 By: Sashnee Moodley

The Integrated Task Force, set up by the National Prosecuting Authority and the Hawks, is coordinating the implementation of 205 'recommendations' that came out of the Zondo Commission of Inquiry... 


BLSA CEO Busisiwe Mavuso
‘Deep’ reforms, Transnet appointments key to dealing with South Africa’s logistics crisis – BLSA
26th February 2024 By: Sabrina Jardim

With commodity prices declining and mining companies being unable to get output to their markets owing to issues with the rail and port services that State-owned utility Transnet provides, business... 


Rolls-Royce highlights its African presence, and delivers record results for 2023
23rd February 2024 By: Rebecca Campbell

UK-based global major propulsion and power systems group Rolls-Royce has highlighted its presence in Africa. It did so in parallel with the release of its full-year results for 2023. The group’s... 


Magazine cover story
Premium car market outlook murky as South Africans continue to hunt for Asian bargains
23rd February 2024 By: Irma Venter

The South African new-car market has been shifting steadily over the last few years as consumers continue to battle persistent economic headwinds. Times are tough. Interest rates, living costs,... 


Imag of a drill at the TGMW mine
TGME underground project, South Africa – update
23rd February 2024 By: Sheila Barradas

Theta Gold Mines has selected a subsidiary of Power Construction Corporation, of China, for the construction of its TGME gold plant, tailings storage facility and wastewater dams. 


Magazine cover story
Premium car market outlook murky as South Africans continue to hunt for Asian bargains
23rd February 2024 By: Irma Venter

The South African new-car market has been shifting steadily over the last few years as consumers continue to battle persistent economic headwinds. Times are tough. Interest rates, living costs,... 


Private rail network investment expected to focus on bulk freight at first – Traxtion
22nd February 2024 By: Schalk Burger

Private rail operator Traxtion expects the first investment into private freight train capacity to be announced later this year and to be focused on the bulk freight sectors. This is excellent for... 


Busa CEO Cas Coovadia
Budget seen as realistic, generally positive in economic context
22nd February 2024 By: Schalk Burger

Business organisations Business Leadership South Africa (BLSA) and Business Unity South Africa (Busa) said the 2024 Budget presented by Finance Minister Enoch Godongwana on February 21, was... 


Awards will showcase African supply chain excellence
22nd February 2024

Entries are open for the 2024 Africa Supply Chain Excellence Awards. This prestigious annual event, which is now in its third year, acknowledges the vital role played by supply chain management and... 


Minas-Rio
Integration of Vale’s Serpentina resource has potential to expand Anglo’s Minas-Rio output
22nd February 2024 By: Darren Parker

Diversified miner Anglo American has agreed to acquire, from Brazilian iron-ore miner Vale, the high-quality Serra da Serpentina iron-ore resource and integrate it into its contiguous Minas-Rio... 


Minerals Council CEO Mzila Mthenjane
Fiscal discipline in Budget, but 5% infrastructure expenditure increase ‘barely positive’ – Minerals Council
22nd February 2024 By: Schalk Burger

Finance Minister Enoch Godongwana maintained focus on fiscal discipline and balancing the need to address socioeconomic challenges facing the country, industry organisation Minerals Council South... 


DBSA’s new Project Vumela financing instrument to help municipalities fund bulk infrastructure investment
21st February 2024 By: Darren Parker

Development finance institution Development Bank of Southern Africa (DBSA) has introduced a new financing instrument called Project Vumela, which blends municipal revenue sources with financing... 


R4bn may be removed from Eskom debt-relief for failure to meet EFC sale deadline
R4bn may be removed from Eskom debt-relief for failure to meet EFC sale deadline
21st February 2024 By: Terence Creamer

The South African government is proposing to reduce its planned allocations to Eskom under a previously announced R254-billion debt-relief package by R2-billion a year for the 2023/24 and 2024/25... 


Image of the MyCiti bus stop
Cape Town’s Mayco recommends extending the N2 Express MyCiTi bus service contract
21st February 2024 By: Irma Venter

Cape Town’s Mayoral Committee has recommended that the city extends the operating contract of the N2 Express bus service for another two years, until June 30, 2026.  This is to allow for the... 


A rail line in South Africa
Mozambique port critical to chrome exports gets upgraded railway link
21st February 2024 By: Bloomberg

The biggest port in Mozambique that’s become a key hub for global chrome exports will upgrade a railway link, bolstering a planned $2-billion capacity expansion. The African Development Bank is... 


An image of Kumba Iron Ore CEO Mpumi Zikalala
Kumba weathers headwinds but 490 jobs at risk as it reconfigures business
20th February 2024 By: Tasneem Bulbulia

Anglo American subsidiary Kumba Iron Ore delivered solid operational and financial results for the year ended December 31, 2023, despite macroeconomic challenges; however, about 490 jobs could be... 


Aerial view of a GFIP highway and e-toll gantries
Lesufi confident e-tolls to end by March
20th February 2024 By: Schalk Burger

Gauteng Premier Panyaza Lesufi, in his State of the Province Address (SoPA) on February 19, said the provincial government had met with the Finance and Transport Ministers on January 26, and that... 


Special Investigating Unit
SIU gets green light from Ramaphosa to investigate Home Affairs, PRASA
20th February 2024 By: Sashnee Moodley

The Special Investigating Unit is set to probe maladministration at Home Affairs and the Passenger Rail Agency of South Africa following proclamations signed by President Cyril Ramaphosa. The... 


Integrated infrastructure service offering enables Bigen’s sustainability
Integrated infrastructure service offering enables Bigen’s sustainability
20th February 2024

To remain sustainable amid the current economic climate, infrastructure development company Bigen has structured its product offering to provide its clients a one-stop service. “This has allowed... 


Finance Minister Enoch Godongwana
Reserves drawdown is wildcard in South Africa’s election budget
19th February 2024 By: Bloomberg

Enoch Godongwana needs to conjure an annual budget that balances spending pressures stemming from this year’s elections with the South African National Treasury’s commitment to stabilise its... 


President Cyril Ramaphosa
New fund to mobilise public and private funding to climate-proof existing essential infrastructure
19th February 2024 By: Terence Creamer

President Cyril Ramaphosa has provided some additional background to the Climate Change Response Fund, the formation of which he announced in his recent State of the Nation Address. Writing in his... 


Photo of Terence Creamer
Reform momentum
16th February 2024 By: Terence Creamer

From an economic perspective, the most important signal provided by President Cyril Ramaphosa in his State of the Nation Address was that the reform agenda remains in place, and that it will be... 


Initial signs energy supply is stabilising, logistics to endure for longer – Minerals Council 
16th February 2024 By: Irma Venter

The domestic mining industry is looking at 2024 as a year of stabilisation, rather than growth, says Minerals Council South Africa CEO Mzila Mthenjane. The industry continues to face persistent... 


Image o zinc bar on mold
Empire State mine, US
16th February 2024 By: Sheila Barradas

A zinc mine in the state of New York, in the US. 


An image of Cesa CEO Chris Campbell
2024 could be ‘turning point’ for infrastructure sector
16th February 2024 By: Lumkile Nkomfe

Amid an evolving political landscape and the imminent challenges of an upcoming national election, Consulting Engineers South Africa (Cesa) underscores the critical need to expedite infrastructure... 


Locomotives owned by Transnet Freight Rail
EIB in talks with South Africa over loan for ports, freight rail
15th February 2024 By: Bloomberg

The European Investment Bank (EIB) said it’s in talks to loan South Africa money to upgrade its port and freight-rail infrastructure as its first contribution to a decarbonization pact known as the... 


Budget expected to show conditions remain unsupportive of fiscal consolidation – Nedbank
15th February 2024 By: Schalk Burger

Finance Minister Enoch Godongwana's 2024 Budget Speech, to be delivered next week, is expected to show that economic conditions will remain broadly unsupportive of significant fiscal consolidation,... 


AFC chairperson Emeka Emuwa
AFC appoints Emeka Emuwa as chairperson
15th February 2024 By: Schalk Burger

Multilateral infrastructure finance institution Africa Finance Corporation (AFC) has appointed Emeka Emuwa as its chairperson to oversee and guide the AFC on its future strategy and growth... 


Mintek's GE Additive Concept Laser Mlab Cusing R machine
Mintek acquires laser bed fusion 3D printer
14th February 2024 By: Marleny Arnoldi

National mineral research council Mintek has acquired a laser powder bed fusion three-dimensional (3D) printer, which positions the organisation as a unique player in the mineral processing and... 


Subdued growth expected in transport sector; more freight going to Maputo – Ctrack index
Subdued growth expected in transport sector; more freight going to Maputo – Ctrack index
14th February 2024 By: Irma Venter

The Ctrack Transport and Freight Index (Ctrack TFI) forecasts “another year of fairly subdued growth for the transport sector”. This is based on the assumption of mediocre economic growth in South... 


Opinion: Takeways from the 2024 Mining Indaba
Opinion: Takeways from the 2024 Mining Indaba
13th February 2024

In this article, policy advisor and Associate Fellow of Chatham House Sheila Khama writes that the Investing in African Mining Indaba is progressively repositioning itself internally but also being... 


DFC announces new financing for Lobito Corridor
9th February 2024 By: Sabrina Jardim

US International Development Finance Corporation (DFC) deputy CEO Nisha Biswal has announced new financing in support of the Lobito Corridor, which extends across Angola, Zambia and the Democratic... 


Image of Illawara coal operation
Illawarra Metallurgical Coal, Australia
9th February 2024 By: Sheila Barradas

A coal mine in he southern coalfields of New South Wales, Australia. 


The Durban Container Terminal
Business stakeholders find ‘election-oriented’ SoNA wanting
9th February 2024 By: Marleny Arnoldi

Business stakeholders agree that President Cyril Ramphosa was right to emphasise economic reforms in his State of the Nation Address (SoNA) on February 8, as these are critical to turning around... 


Minerals Council CEO Mzila Mthenjane
Mining industry sustainability hinges on energy, logistics reforms, Minerals Council stresses
9th February 2024 By: Schalk Burger

The sustainability of the South African mining industry and its ability to play a meaningful and positive role in society and the economy are dependent on urgent and extensive structural reforms in... 


Transnet needs ‘the right, permanent management, quickly’ – Stellenbosch University academic
9th February 2024 By: Irma Venter

State-owned rail and port operator Transnet could, potentially, show significant improvement this year, compared with last year’s dismal performance, says transport economist and macrologistics... 


Telkom says it has made ‘significant strides’ against vandalism, cable theft
9th February 2024 By: Natasha Odendaal

Telecommunications group Telkom says it has made significant strides against cable theft and vandalism as various joint initiatives drive down infrastructure-related crime at its facilities. Joint... 


Image of Ardmore mine
Ardmore phosphate rock project, Australia – update
9th February 2024 By: Sheila Barradas

Centrex Metals is investigating road transport alternatives for phosphates concentrate from its Ardmore mine. 


Aerial viw of the Simandou project
Simandou iron-ore project, Guinea – update
9th February 2024 By: Sheila Barradas

Guinea’s National Transition Council has approved a joint venture between Rio Tinto, China-backed Winning Consortium Simandou and government. 


Pansana's Salt End REO separation facility
Longonjo neodymium/praseodymium project, Angola – update
9th February 2024 By: Sheila Barradas

Pensana’s major potential customers have approved the product qualification specifications for Longonjo’s proposed mixed rare-earth carbonate product. 


ArcelorMittal South Africa CEO Kobus Verster
AMSA sees plausible pathway for salvaging longs unit, but ready to reverse closure deferral if urgent progress is not made
8th February 2024 By: Terence Creamer

Steel producer ArcelorMittal South Africa (AMSA) has deferred the wind-down of its long-products business by six months amid widespread concern regarding the detrimental impact of the closure on... 


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