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Artists impression of the Cleanergy hydrogen facility
Cleanergy hydrogen pilot plant, Namibia
26th January 2024 By: Sheila Barradas

The project will be the first green hydrogen production site of its kind in Africa. 


An image depicting TSAM president and CEO Andrew Kirby
Sales of NEVs on the rise in South Africa
25th January 2024 By: Sabrina Jardim

Amid a global emphasis on green energy and the subsequent global energy transition, total sales of new energy vehicles (NEVs) in South Africa increased by 65% year-on-year in 2023, with hybrid... 


From top left clockwise, RBCT CEO Alan Waller, RBCT chairperson Nosipho Damasane, Acting Transnet CEO Michelle Phillips and Acting Transnet Freight Rail CE Russell Baatjies.
New public-private rail corridor agreement already boding well – RBCT
25th January 2024 By: Martin Creamer

The three-month-old mutual cooperation agreement that the private-sector-owned Richards Bay Coal Terminal (RBCT) signed with State rail enterprise Transnet in November is already boding well, RBCT... 


SARB Governor Lesetja Kganyago
Interest rates on hold as Reserve Bank waits for inflation to cool further
25th January 2024 By: News24Wire

South Africa’s Monetary Policy Committee kept interest rates on hold at 8.25% in its first meeting of the year, having left the benchmark rate unchanged at a 14-year high for the past nine months.... 


A road fright truck on the N3 corridor
Dedicated freight lanes and restricted truck operating hours mooted in draft plan to shift cargo back to rail
25th January 2024 By: Terence Creamer

The Department of Transport (DoT) is canvasing as series of interventions aimed at attracting freight back to South Africa’s struggling rail system from road, which has emerged as the country’s... 


Fortescue's first-half shipments hover near record high; shares rise
Fortescue's first-half shipments hover near record high; shares rise
25th January 2024 By: Reuters

Australia's Fortescue logged a near-record iron-ore shipments for the first half and kept full-year forecast unchanged on Thursday, as the mining giant ramps up production at its flagship Iron... 


Rows of round steel bars
Downstream companies implore ArcelorMittal South Africa, govt to avoid long steel plant closures
24th January 2024 By: Darren Parker

The South African downstream steel industry has urgently appealed to both steel producer ArcelorMittal South Africa (AMSA) and the government to find immediate solutions that will allow the... 


The Maputo port
DP World’s $2bn Mozambique port expansion gets approval
24th January 2024 By: Bloomberg

Mozambique approved an extended deal for DP World, Grindrod and other operators of its biggest port, including a $2-billion expansion that will further draw cargoes away from neighboring South... 


An image of Zambian President Hakainde Hichilema
Zambia president Hakainde Hichilema to deliver keynote address at Mining Indaba
23rd January 2024 By: Tasneem Bulbulia

Zambian President Hakainde Hichilema is set to deliver a keynote address at the Investing in African Mining Indaba, which will take place from February 5 to 8 in Cape Town, South Africa. This will... 


BLSA CEO Busi Mavuso
South Africa must build renewable energy momentum, and then move on to other sectors – Mavuso
22nd January 2024 By: Schalk Burger

The rapid pace at which South Africa is building renewable energy projects, driven by private sector investment, is viewed as positive in the global context, including at the recently held World... 


Continued need for Vesconite overseas as US pumps industry demand grows
Continued need for Vesconite overseas as US pumps industry demand grows
21st January 2024 By: Tracy Hancock

The US pumps industry is showing great demand for wear components supplied by bearings manufacturer Vesconite Bearings, which was recently acknowledged at the 2023 South African Capital Equipment... 


Containers loaded onto wagons at DCT Pier 2
Steps being taken to improve turnaround at DCT Pier 2 ahead of the citrus season
19th January 2024 By: Schalk Burger

The Durban Container Terminal (DCT) Pier 2 is prioritising fluid terminal operations ahead of South Africa’s citrus season, and the terminal is providing a rail link solution for its customers’... 


Coal being transported on South Africa's railway
Transnet partially restores service on coal export line
19th January 2024 By: Reuters

South African freight rail operator Transnet said late Thursday it resumed partial service on the line connecting to the country's main coal export terminal, four days after two trains collided and... 


VERSATILE MACHINERY
Belt reelers can handle narrow to wide belts and can be handled with one unit that is adjustable for various belt widths
Electronic belt tension control system developed
19th January 2024

Equipment manufacturer Dymot Engineering Company has developed an electronic belt tension control system (BTS) for mines that use high speed, large capacity and long length conveyors as an... 


An image of delegates at COP28
Reliable electricity must be prioritised over transition
19th January 2024

The sheer urgency of addressing energy insecurity in Africa demands that a reliable grid is prioritised first and other energy concerns, such as transitioning to renewable-energy sources, second,... 


Image of Jansen potash mine headgear
Jansen potash project, Canada
19th January 2024 By: Sheila Barradas

BHP approved Jansen Stage 2 of the project in November 2023, and will transform Jansen into one of the world’s biggest potash mines, doubling production capacity to an estimated 8.5-million tonnes... 


Image of periodic table symbols for neodymium/praseodymium
Longonjo neodymium/praseodymium project, Angola – update
19th January 2024 By: Sheila Barradas

Angolan sovereign wealth fund Fundo Soberano de Angola has said that it is “delighted to see the excellent progress” being made on site. 


BHP CEO Mike Henry
BHP’s solid first half dimmed by metallurgical coal stumble
18th January 2024 By: Mariaan Webb

Diversified mining group BHP has had a “solid” operational first half, CEO Mike Henry said on Thursday, reporting higher six-month copper and energy coal production, but lower iron-ore and... 


Coal loaded for transport by rail
Transnet plans to partially reopen coal line after derailment
18th January 2024 By: Reuters

South African freight rail operator Transnet plans to reopen the first of two coal lines to the country's major coal export terminal on Thursday after it was blocked following a train collision... 


Reserve Bank governor Lesetja Kganyago
South African inflation seen averaging 5% in 2024 – Kganyago
17th January 2024 By: Reuters

South African central bank governor, Lesetja Kganyago, said on Wednesday that the disinflation process had begun and that he expected inflation to average 5% this year. Speaking to the Reuters... 


Vesconite’s pedestal liners set to transform railway efficiency
Vesconite’s pedestal liners set to transform railway efficiency
17th January 2024

An often-overlooked yet crucial component of locomotives are the pedestal or axle box liners, which significantly enhance the smooth operation of trains on tracks. South African wear parts... 


Image of the Port of Maputo
Port of Maputo reports record volume for 2023
16th January 2024 By: Irma Venter

The Maputo Port Development Company (MPDC) says the Port of Maputo has achieved a record volume of 31.2-million tons in 2023, up 16% on the previous year. MPDC is a public-private partnership... 


Train collision site near Richards Bay
Recovery efforts under way following derailment of two trains near Richards Bay
16th January 2024 By: Schalk Burger

State-owned Transnet Freight Rail (TFR) is busy with recovery efforts after a derailment in which two trains collided in the early hours of January 14 at Elubana, outside Richards Bay, in... 


Dampier Salt sells WA salt operation for A$375m – Rio Tinto
Dampier Salt sells WA salt operation for A$375m – Rio Tinto
16th January 2024 By: Creamer Media Reporter

Diversified miner Rio Tinto on Tuesday announced the sale of Dampier Salt’s MacLeod salt and gypsum operation in Carnarvon, Western Australia, to privately owned Leichhardt Industrials for... 


BLSA CEO Busi Mavuso
Mavuso warns populist politicking ahead of elections can harm reform efforts
15th January 2024 By: Marleny Arnoldi

Business Leadership South Africa CEO Busi Mavuso foresees a challenging year ahead for business, given the record number of elections that lie ahead. This, coupled with an unprecedented level of... 


The Durban Container Terminal
Rival bidders question selection of proposed partner for Durban container terminal
12th January 2024 By: Bloomberg

South Africa’s selection of Filipino billionaire Enrique Razon’s harbour firm as a partner to revive sub-Saharan Africa’s biggest container port is being questioned by losing bidders. Companies... 


China's imports of Mongolian coal set to rise as transport improves
12th January 2024 By: Reuters

China's imports of Mongolian coking coal may rise to a record in 2024, after more than doubling in 2023, on improving transport links and its lower price versus domestic and international supplies,... 


Image of Angola flag and periodics table for neodymium/praseodymium
Longonjo neodymium/praseodymium project, Angola – update
12th January 2024 By: Sheila Barradas

Pensana has made significant strides at the Longonjo mine ahead of main construction starting later this year. 


East London Terminals
TNPA to appoint panel to bridge ‘operational gaps’ at eight seaports
10th January 2024 By: Marleny Arnoldi

Transnet National Ports Authority (TNPA) is looking to appoint a panel of qualified service providers as terminal operators to step in and assist in closing “operational gaps” at its eight... 


Transnet Freight Rail highlights challenges and plans to address them
Transnet Freight Rail highlights challenges and plans to address them
10th January 2024

Transnet Freight Rail is facing a wide array of challenges undermining its ability to operate, ranging from cable theft to community-related challenges. The struggling rail operator recently took... 


Legislation
South Africa prepares Bill to form State-firm holding company
10th January 2024 By: Bloomberg

South Africa’s minister of public enterprises will soon introduce a bill in parliament to establish a government firm that will own and manage at least 13 of the country’s state-owned companies.... 


South Africa stocks lose $50bn in eight-year foreign exodus
South Africa stocks lose $50bn in eight-year foreign exodus
10th January 2024 By: Bloomberg

It’s been nearly a decade of waning foreign interest in South African stocks, with outflows exceeding $50-billion in that time. Last year was the eighth year in a row that foreign investors dumped... 


Image of the Ford factory in Pretoria
New-vehicle sales inch up 0.5% in 2023, exports at record levels 
9th January 2024 By: Irma Venter

New-vehicle sales in the domestic market inched up by 0.5% in 2023 compared with 2022, says Naamsa | The Automotive Business Council. This follows a 13.9% jump in 2022 and 22.2% growth in 2021. 


Pensana progressing activities at Angola project prior to main construction
9th January 2024 By: Tasneem Bulbulia

London-listed Pensana has made significant strides at the Longonjo mine site in Angola ahead of main construction starting later this year. The company is currently busy with civil works for the... 


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... 


The Durban Container Terminal
Absa PMI ends 2023 on stronger footing as December business activity rises
8th January 2024 By: Darren Parker

Financial institution Absa’s Purchasing Managers’ Index (PMI) closed out 2023 on a somewhat stronger footing, rising by 2.7 points to 50.9 index points in December.  Absa said on January 8 that... 


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... 


Azure's Andover deposit
SQM ties up with Hancock on $1.1bn bid for Australian lithium developer Azure
19th December 2023 By: Reuters

Chile's SQM has teamed up with Australia's richest person, Gina Rinehart, to make a sweetened A$1.7-billion ($1.14-billion) bid for Australian lithium developer Azure Minerals, the three parties... 


Greenfield project nears full-scale mining
15th December 2023 By: Lynne Davies

The development of the Gugulethu Colliery – a greenfield project located to the southeast of Hendrina and proximate to Davel – is taking place at an “opportune time” as export opportunities for... 


High drama awaits Africa in 2024
15th December 2023 By: Tara O’Connor

If all the world's a stage, and all the men and women merely players with their exits and their entrances, Africa is headed for high drama – a heart-stopping and pulse-racing 2024. The backdrop is... 


Image of rare earths
Longonjo neodymium/praseodymium project, Angolo – update
15th December 2023 By: Sheila Barradas

An announcement is expected to be made in the first quarter of 2024 regarding the financing of the upfront capital expenditure needed to develop the Longonjo project. 


ITOCHU Africa Bloc CEO Shinya Ishizuka, third from left, with Eastern Cape people at the signing of a memorandum of co-operation with Hive Hydrogen South Africa.
Huge uplift for Eastern Cape on way from South Africa’s R105bn green ammonia project
14th December 2023 By: Martin Creamer

The building of the R105-billion green ammonia project by Hive Hydrogen South Africa is poised to be a huge economic uplift for the Eastern Cape. The large project is the first phase of a... 


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