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Float CEO Alex Forsyth-Thompson.
Fintech startup secures funding from Standard Bank
20th March 2024 By: Sabrina Jardim

Financial services firm Standard Bank has provided an $11-million facility to financial technology (fintech) startup company Float which will use the funds for the ongoing rollout of its... 


Sigma Lithium receives letter of arbitration from LG Energy Solution
Sigma Lithium receives letter of arbitration from LG Energy Solution
20th March 2024 By: Reuters

Sigma Lithium said on Tuesday its unit received an initiation letter of arbitration from South Korean company LG Energy Solution. In its request for arbitration, LG Energy alleges that Sigma... 


Unitrans launches Centre of Excellence to enhance African supply chain solutions
20th March 2024

Operating cost efficiencies and safety – both driver and vehicle – are primary considerations for any logistics or freight company and Unitrans, a forward-thinking company dedicated to providing... 


Lithium Argentina appoints new board members
20th March 2024 By: Creamer Media Reporter

Emerging lithium carbonate producer Lithium Americas (Argentina) has announced two new board member appointments. Monica Moretto has been appointed independent member of board of directors,... 


Bearings International fosters a segment strategy to keep customers ‘in motion’
Bearings International fosters a segment strategy to keep customers ‘in motion’
20th March 2024

Bearings International’s (BI) segment approach to the market places an intentional focus on key industries in South and Sub-Saharan Africa in a bid to optimise operations, enhance uptime and drive... 


Resources Watch
Resources Watch
20th March 2024

This week: Wind generation up, solar operational soon, Exxaro reports and, Intelligent drilling solutions advance underground capabilities 


African Refiners and Distributors Association conference to focus on infrastructure finance
20th March 2024 By: Schalk Burger

Industry organisation the African Refiners and Distributors Association (ARDA) will host a conference in Cape Town from April 22 to 26 to engage on key industry issues and identify financing... 


WBHO CEO Wolfgang Neff
Opinion: Procurement laws are a transformational tool that must be used correctly
20th March 2024

In this article, Wilson Bayly Holmes-Ovcon (WBHO)​​​​​​​ CEO Wolfgang Neff writes that the Public Procurement Bill, currently before the National Council of Provinces (NCOP), could have negative... 


South Africa Wine announces deep-dive research initiative into improving Chenin Blanc value chain
20th March 2024 By: Marleny Arnoldi

Industry body South Africa Wine has partnered with the South African Grape and Wine Research Institute, the Chenin Blanc Association of South Africa and Stellenbosch University (SU) to advance the... 


IonicRE successfully produces high-purity terbium oxide in Belfast plant
19th March 2024 By: Darren Parker

ASX-listed Ionic Rare Earths (IonicRE) has announced the successful separation and first production of high-purity terbium oxide (Tb4O7) at its wholly-owned subsidiary Belfast plant, marking a... 


An image depicting the Solar Off-Grid range
Defy launches solar-powered off-grid fridge, freezer range
19th March 2024 By: Sabrina Jardim

Amid the compounding effects of loadshedding in South Africa and increasing concerns about climate change, appliance manufacturer Defy Appliances has launched its Solar Off-Grid fridge and freezer... 


FIDIC CEO Dr Nelsono Ogunshakin and CESA CEO Chris Campbell
World falling short of needed sustainable infrastructure investment, says FIDIC
19th March 2024 By: Marleny Arnoldi

In an address delivered during the Consulting Engineers South Africa (CESA) Infrastructure Indaba, in Cape Town, on March 19, International Federation of Consulting Engineers (FIDIC) CEO Dr Nelsono... 


Care for SA’s groundwater should be growing focus for Water Week
Care for SA’s groundwater should be growing focus for Water Week
19th March 2024

As South Africa celebrates National Water Week from 20-26 March this year, it is important to recognise the country’s growing reliance on groundwater – and how we must improve our management of... 


The ROSE Foundation celebrates 30years of success in used oil recycling
The ROSE Foundation celebrates 30years of success in used oil recycling
19th March 2024

More than 1.5 billion litres of hazardous used motor oil has been kept out of the environment, thanks to the efforts of the ROSE Foundation (Recycling Oil Saves the Environment) which celebrates 30... 


Conveyor belt at Minergy mine in Botswana
Minergy’s first-half attributable loss widen, but turnaround plan in the works
19th March 2024 By: Marleny Arnoldi

After facing significant headwinds in the six months ended December 31, 2023, Botswana-based coal miner Minergy has reported an attributable loss of P72.4-million and a loss a share of 15.42 thebe.... 


DBSA
DBSA continues to create new and clean energy generation initiatives for local communities
19th March 2024

Since the announcement of the Embedded Generation Investment Programme (EGIP) in 2021, the Development Bank of Southern Africa (DBSA) is pleased to announce the approval of about R8-billion worth... 


Image of President Cyril Ramaphosa
Red tape reforms starting to bear fruit ­– Ramaphosa
19th March 2024 By: Irma Venter

President Cyril Ramaphosa believes that government’s efforts to cut the red tape holding back infrastructure development are beginning to bearing fruit. Delivering the keynote address at... 


Infrastructure SA names 12 projects it will aim to unblock this financial year
Infrastructure SA names 12 projects it will aim to unblock this financial year
19th March 2024 By: Irma Venter

Infrastructure South Africa (ISA) has unveiled 12 “infrastructure projects for preparation” for the 2024/25 financial year at the Sustainable Infrastructure Development Symposium South Africa 2024... 


An image showing a group of selected learners who are part of the City of Cape Town and the NBI's artisan skills development programme
City of Cape Town, NBI partner on artisan skills development programme
19th March 2024 By: Tasneem Bulbulia

The City of Cape Town’s Facilities Management Department has partnered with the National Business Initiative (NBI) on an artisan development programme, with the first cohort of 31 learners having... 


An image of  South African Institution of Civil Engineering VP Vishaal Lutchman
Saice highlights concerns about the Public Procurement Bill
19th March 2024 By: Tasneem Bulbulia

The current iteration of the Public Procurement Bill, if passed into law, will not address the existing dysfunction within South Africa's public procurement system, which is a key objective of the... 


Unconstrained IRP would have far more wind and solar PV, analysis shows
Conclusions in opaque IRP 2023 are ‘incorrect and economically damaging’
19th March 2024 By: Terence Creamer

In an excoriating assessment of the draft Integrated Resource Plan 2023 (IRP 2023), Meridian Economics points to serious problems with the modelling and cost assumptions used by the Department of... 


Deputy Finance Minister David Masondo
Partnerships with the private sector, communities key to building climate-resilient infrastructure
19th March 2024 By: Marleny Arnoldi

The African continent needs an estimated $190-billion a year to meet its climate change mitigation and energy needs transition, but 57% of countries are in debt and unable to support the amount of... 


Antofagasta secures $2.5bn for Centinela expansion project
Antofagasta secures $2.5bn for Centinela expansion project
19th March 2024 By: Creamer Media Reporter

Chile-based copper miner Antofagasta on Tuesday announced $2.5-billion of financing for its Centinela Second Concentrator project, which will add 144 000 t/y of copper production at the mine. The... 


eWASA signs operation clean Sweep® pledge
eWASA signs operation clean Sweep® pledge
19th March 2024

The EPR Waste Association of South Africa (eWASA) has taken a significant step forward in its commitment to environmental stewardship by signing the Operation Clean Sweep® (OCS) pledge. Operation... 


Richard Adkerson
US must improve copper mine permitting process, Freeport CEO says
19th March 2024 By: Reuters

The US must improve its mine permitting process if it hopes to boost domestic supplies of critical minerals to power the clean energy transition, the CEO of copper giant Freeport-McMoRan said on... 


Govt turns to private sector to fix public sector facilities
Govt turns to private sector to fix public sector facilities
19th March 2024 By: Irma Venter

Given the current economic downturn, government does not have the resources to look after all of its assets, says Department of Public Works and Infrastructure (DPWI) property management trading... 


As govt skills falter, Infrastructure SA gets R600m boost from Treasury for projects to reach financial close
As govt skills falter, Infrastructure SA gets R600m boost from Treasury for projects to reach financial close
19th March 2024 By: Irma Venter

National Treasury has allocated Infrastructure South Africa (ISA) a budget of R600-million over three years to “prepare projects”, says ISA head Mameetse Masemola. Addressing a media conference at... 


Sibanye-Stillwater completes acquisition of Reldan
18th March 2024 By: Tasneem Bulbulia

Diversified miner Sibanye-Stillwater's acquisition of the Reldan Group of Companies has been successfully concluded for a final cash purchase consideration of $155.9-million. Sibanye in November... 


IATA reports major progress in sustainable aviation fuels, globally
18th March 2024 By: Rebecca Campbell

In its latest 'Fly Net Zero Media Update' report, the global representative body for the airline industry, the International Air Transport Association (IATA), has highlighted developments around... 


An image of Maltento CEO Dean Smorenburg, Cape Town mayor Geordin Hill-Lewis and Cape Town premier Alan Winde
Maltento aiming to bolster sustainability efforts
18th March 2024 By: Tasneem Bulbulia

Maltento CEO Dean Smorenburg and commercial director Dominic Malan were joined by Western Cape Premier Alan Winde and Cape Town mayor Geordin Hill-Lewis on a tour of the fly-farm’s facilities in... 


Trade, Industry and Competition Minister Ebrahim Patel
64 companies to pledge to procure from black industrialists, says Patel
18th March 2024 By: Darren Parker

During the second Black Industrialists and Exporters Conference to be held later this week, up to 64 large companies are expected to make pledges to procure goods and services from black... 


IRP 2023 could reset South Africa’s social and economic woes if implemented correctly
IRP 2023 could reset South Africa’s social and economic woes if implemented correctly
18th March 2024

ACTOM recently held a webinar on the “Draft IRP2023 Impact on the Manufacturing Sector”, with the following panellists (Mervyn Naidoo, Group CEO ACTOM, Phillipa Rodseth – Executive Director,... 


IATA reports important progress in the development of aviation electrofuels
18th March 2024 By: Rebecca Campbell

The first two months of this year saw significant developments regarding the category of sustainable aviation fuels (SAF) known as electrofuels, the International Air Transport Association (IATA)... 


An image of Thungela CEO July Ndlovu
Thungela delivers strong financial performance despite rail, price headwinds
18th March 2024 By: Tasneem Bulbulia

Thermal coal exporter Thungela Resources says it delivered a resilient performance for the year ended December 31, 2023, which underpinned strong cash generation and a robust net cash position.... 


Eletrobras and SMS group explore potential supply of renewable hydrogen to industries in Brazil
18th March 2024

Strategic Partnership: Memorandum of Understanding (MoU) for the production of green hydrogen (H2) by Eletrobras and examination of the use of green hydrogen in industrial processes Renewable... 


Image of the Atlas Copco V900 mobile electronic air compressor
Electronic air compressor improves drilling efficiencies
16th March 2024

Atlas Copco recently added the V900 and V1200 electronic air compressors to its DrillAir range of large high-pressure compressors. The machines are engineered with technology for deep drilling and... 


OR Tambo SEZ poised to deliver economic development, employment opportunities
15th March 2024 By: Sabrina Jardim

The OR Tambo Special Economic Zone (SEZ) aims to promote economic development, job creation and growth through the government’s SEZ programme and is a flagship programme for developments in... 


LNG infrastructure
Energy investor Reatile gears up for LNG importation as gas shortage looms
15th March 2024 By: Marleny Arnoldi

In light of the looming natural gas supply constraints from mid-2026, investment company Reatile Group is actively engaging Sasol on mitigating the gap between 2026 and the eventual arrival of... 


UFS agronomy researcher Dr Jerry Dlamini
Rain-fed agriculture emissions research shows climate-smart interventions can help
15th March 2024 By: Schalk Burger

Preliminary findings of a two-year study from the University of the Free State (UFS) Kenilworth Experimental Farm indicate that climate-smart agriculture interventions, such as legume rotation and... 


Vehicles parked in a taxi rank in Gauteng
Taxi Relief Fund extended to enable remaining claimants to secure payment
15th March 2024 By: Schalk Burger

The Department of Transport (DoT) has obtained Cabinet approval to extend the Taxi Relief Fund (TRF) to November 30. The request to extend the TRF was made to afford as many taxi operators as... 


Zaffra CEO Jan Toschka
New sustainable aviation fuels venture established by Sasol and Topsoe
15th March 2024 By: Creamer Media Reporter

A new venture focusing on the development and delivery of sustainable aviation fuels has been officially launched jointly by Sasol and Topsoe. Known as Zaffra and headquartered in Amsterdam, in The... 


Power lines
South Africa’s next energy challenge: A R390-billion grid upgrade
15th March 2024 By: Bloomberg

South Africa is facing a monumental challenge as it seeks to end years of rolling electricity outages that have hobbled the economy: It needs to build and fund a R390-billion expansion of the... 


Albemarle plans to auction lithium with aim of ‘fair’ valuation
Albemarle plans to auction lithium with aim of ‘fair’ valuation
15th March 2024 By: Bloomberg

The world’s biggest lithium producer, Albemarle, plans to sell some of its metal in auctions, which it says will help make an opaque market more transparent. Albemarle has outlined a bidding model... 


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