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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...
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,...
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...
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...
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...
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,...
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.
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 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...
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...
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...
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...
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...
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...
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...
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...
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...
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...
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...
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...
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...
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 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...
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...
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...
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...
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...
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,...
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...
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...
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...
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...
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...
A coal mine in he southern coalfields of New South Wales, Australia.
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...
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...
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...
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...
Centrex Metals is investigating road transport alternatives for phosphates concentrate from its Ardmore mine.
Guinea’s National Transition Council has approved a joint venture between Rio Tinto, China-backed Winning Consortium Simandou and government.
Pensana’s major potential customers have approved the product qualification specifications for Longonjo’s proposed mixed rare-earth carbonate product.
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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