R/€ = 14.35
R/$ = 11.18
Au 1217.35 $/oz
Pt 1330.00 $/oz
Aug 05, 2011
Renewable energy developer Red Cap has received environmental approvals for three contiguous wind farm sites in the Eastern Cape and has also concluded an agreement with the Industrial Development Corporation (IDC) to facilitate material community ownership in its...
Aug 02, 2011
While rumours of consolidations in South Africa’s platinum sector continue to churn, juniors Platinum Group Metals (PTM) and Wesizwe Platinum have started a joint study to determine the benefits of their neighbouring properties being “one mine and one operation”....
Aug 02, 2011
Base metals miner Metorex is expected to delist from the JSE in early December, following the completion of a takeover by Chinese group Jinchuan. Jinchuan, which has made a R9.1-billion offer for Metorex last month, already secured irrevocable undertakings...
Jul 28, 2011
Criticism on the "drawn-out manner" in which the ruling party has dealt with the nationalisation debate is valid, its treasurer general Mathews Phosa said on Thursday. It was imperative to first understand how debates, whether on mining and energy, or the financial...
Jul 28, 2011
Criticism on the "drawn-out manner" in which the ruling party has dealt with the nationalisation debate is valid, its treasurer general Mathews Phosa said on Thursday.
Jul 28, 2011
Metals developer Finders Resources has appointed three banks to help arrange $138-million for its Wetar copper project, in Indonesia, MD Chris Farmer said on Thursday. Barclays Capital, Credit Suisse AG and Standard Bank have been tasked to arrange a $103-million...
Jul 26, 2011
Investors looking to get into the business of carbon trading should get their projects registered at the United Nations before the 2012 deadline when current arrangements in terms of the Kyoto Protocol run out, Standard Bank carbon sales and trading head Geoff...
Jul 15, 2011
Jul 08, 2011
Jul 01, 2011
A construction update on the Gautrain rapid rail link for May 2011.
Jun 28, 2011
There is no risk of acid mine water flooding the deep basements of high-rise buildings in the Johannesburg central business district, according to a geo-technical risk assessment study released on Monday. "The study has just been completed, and it was concluded that...
Jun 21, 2011
New sale in liquidation notices have been published for the troubled Orkney, Consolidated Modderfontein, Grootvlei and Nigel gold mines and associated assets, previously owned and operated by Pamodzi Gold, which was provisionally liquidated in April 2009. The...
Jun 17, 2011
Global mobility knowledge company Mobilitas will, on July 1, launch the first phase of its Green Fleet Management system, which was developed in a joint venture with automotive industry statistical information provider Response Group Trendline (RGT).
Jun 14, 2011
A $115-million financing package secured for Vodafone Ghana represented a growing appetite for commercial banks and development finance institutions to support companies focused on building infrastructure for long-term economic growth in Africa, the International...
Jun 06, 2011
Standard Bank will kick off an energy efficient lighting programme aimed at replacing the estimated 40-million inefficient lamps in office buildings across South Africa, by early 2012. The Clean Development Mechanism (CDM) project would benefit the South African...
Jun 03, 2011
South Africa's "stability and predictability" of its institutions, free press and transparent Constitution and government, gives it an advantage over many developing countries to attract investment.
May 27, 2011
The Gauteng Department of Roads and Transport has reported that it may investigate the feasibility of extending the rapid rail link across the province.
May 23, 2011
Supply chain specialist and member company of Imperial Logistics, Volition, has acquired a majority stake in procurement training and education company, Commerce Edge. Imperial Logistics says the deal will enable further international expansion for Commerce Edge,...
May 20, 2011
A construction update on the Gautrain rapid rail link for April 2011.
May 05, 2011
The Competition Commission, which established a cartels division in April, has appointed Advocate Oliver Josie as the head of the new division. Advocacy and stakeholder relations manager Oupa Bodipe told Engineering News Online that there are currently 15 people...
Apr 21, 2011
A construction update on the Gautrain rapid rail link for March 2011.
Apr 07, 2011
Angola is keen for partnerships between the public and private sector to help it spend a $43-billion budget this year, providing South Africa with significant business opportunity, an executive from the South Africa–Angola Chamber of Commerce said on Thursday....
Mar 25, 2011
Construction of the Gautrain has hit a technical snag in the tunnel section from the Rosebank station to Park station, in Johannesburg.
Mar 18, 2011
A construction update on the Gautrain rapid rail link for February 2011.
Mar 18, 2011
The Port of Maputo expansion programme is part of a 20-year port master plan to expand the port’s facilities.
Mar 11, 2011
South Africa’s joining of the BRIC group (Brazil, Russia, India and China), to create BRICS, will benefit the country provided South Africa’s approach to the group is realistic and not overoptimistic. “South Africa’s invitation to join the BRIC summit [in April] can,...
Mar 07, 2011
The European Investment Bank (EIB) will provide €150-million to build 34 000 new low-cost homes in South Africa, as part of its social and affordable housing initiative. The €150-million had been allocated to 30 different projects across the country, the financing...
Mar 02, 2011
South Africa’s joining of the BRIC group (Brazil, Russia, India and China), to create BRICS, will benefit the country provided South Africa’s approach to the group is realistic and not overoptimistic. “South Africa’s invitation to join the BRIC summit [in April]...
Feb 18, 2011
The lighting industry has seen an increase in the installation of energy-efficient intelligent lighting systems, says Illumination Engineering Society of South Africa (Iessa) president Trevor Milne. “This is as a result of multinationals being given the mandate to...
Feb 11, 2011
A construction update on the Gautrain rapid rail link for January 2011.
Feb 09, 2011
Independent power company Ipsa has agreed a short extension of the marketing agreement for the sale of its Siemens Westinghouse 701D gas turbines, to enable bidders to complete negotiations and prepare contracts. Aim-listed Ipsa on Wednesday reported that a number...
Dec 10, 2010
A construction update on the Gautrain rapid rail link for December 2010.
Dec 06, 2010
Troubled Southern African independent power company IPSA has confirmed that Sasol Gas has initiated legal action against its wholly owned subsidiary, Newcastle Cogeneration (NewCogen), in KwaZulu-Natal, to recoup about £4-million (about R42,8-million) arising from a...
Dec 03, 2010
I was in a queue at the bank the other day and it dragged on endlessly.
Nov 26, 2010
Recently, I had the great pleasure of participating in a conference organised by South Africa’s Institute for Global Dialogue and Germany’s Friedrich Ebert Stiftung, on the topic of South Africa and the BRIC countries – that is, Brazil, Russia, India and China. I was...
Nov 26, 2010
Largely unnoticed, South Africa’s corporate sector has become one of the country’s greatest assets in the rapidly changing global economy. South Africa ranks 17th in Forbes magazine’s 2010 list of large global companies, with 22 companies out of a total of 2...
Nov 16, 2010
Chinese Vice President Xi Jinping began a trip to mineral-rich South Africa on Tuesday aimed at securing resources for the Asian economic power, looking to extend its influence in the African continent. Beijing sees global mining power and regional financial...
Nov 12, 2010
Banking giant Standard Bank has partnered with the Mellon Housing Initiative and is to put up R1,3-million for the building of 20 houses.
Nov 12, 2010
A construction update on the Gautrain rapid rail link for November 2010.