Global growth is projected to slow for the third year in a row, reaching 2.4% in 2024 from 2.6% in 2023, significantly below the 2010s average and the slowest half-decade of gross domestic product... 

Luxembourg-headquartered lending institution of the European Union (EU), European Investment Bank (EIB) Global has announced a $30-million equity investment in Seedstars Africa Ventures’ Fund I,... 

The Department of Mineral Resources and Energy (DMRE) has belatedly released the background technical information that has been used to inform the assumptions included in the draft Integrated... 

Global total air cargo demand grew strongly in November, year-on-year, the International Air Transport Association (IATA – the global representative body for the airline industry) has reported.... 

Global total air passenger traffic in November last year passed 99% of the figure for November 2019, which was the last November before the onset of the Covid-19 pandemic, reports the International... 

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. 

Business Unity South Africa (Busa) will approach the Department of Mineral Resources and Energy (DMRE) to secure the technoeconomic information that has been used to inform the assumptions... 

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... 

Daimler Truck says it is ready to roll out its first hydrogen-fuel-cell trucks in customer trials, following a series of tests on the track and public roads. The German truck manufacturer says... 

South Africa's new energy generation plan lacks detail and leaves many unanswered questions, according to some energy analysts. The long-awaited draft of the Integrated Energy Plan (IRP) of 2023... 

Chilean copper miner Antofagasta has approved the construction of its Centinela Second Concentrator project, which will add 170 000 t/y of copper-equivalent to the company's production. "The... 

Southern Africa- and Americas-focused developer and miner Critical Metals is progressing with the development of its Molulu copper-cobalt project, in the Democratic Republic of Congo (DRC), being... 

The Chamber of Minerals and Energy (CME) of Western Australia (WA) says the release of the WA government’s mid-year budget review is further confirmation that the state's resources sector is the... 

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... 

The European Union (EU) has set targets to dig up, recycle and refine lithium, cobalt and other metals it needs for its green transition, but a shortage of new money, crippling energy costs and... 

The European Union (EU) has endorsed and chosen to significantly invest in Australia-headquartered green technology, energy and metals company Fortescue’s plans for a flagship green ammonia plant... 

A team of explorers – the Gebrüder Weiss Peak Evolution Team – followed through on successfully setting a new world altitude record for electric vehicles after driving an electric truck to an... 

The business of Copper 360, a company that listed on the Alternative Exchange (AltX) of the Johannesburg Stock Exchange (JSE) this year, is focused on the processing of historical mined copper rock... 

Cobre Panama is one of the largest new copper mines to open in the past decade, and the first large-scale operation to be built in Panama. 

The International Airlines Group’s (IAG’s) freight business, IAG Cargo, announced on Thursday that Cape Town had become its latest station to receive approval to handle the shipment of temperature-... 

Miner, processor and marketer of chrome and platinum group metals (PGMs) Tharisa reported a 49.1% year-on-year decrease in earnings a share to $0.27 for the financial year ended September 30.... 

Urban commuter rail service Gautrain has opened additional midibus routes from its stations in Centurion and Hatfield in partnership with the minibus taxi operators. The Gautrain Midibus Feeder and... 

State-owned ports and rail company Transnet withdrew a request for quotes for an operating lease on a freight-rail artery that connects its biggest port with its industrial hub, because changes in... 

The business of Copper 360, a company that listed on the Alternative Exchange (AltX) of the Johannesburg Stock Exchange (JSE) this year, is focused on the processing of historical mined copper rock... 

All mining and metals companies are being urged to embrace new guidance on reducing Scope 3 emissions, which was published by the International Council for Mining and Metals (ICMM) on Wednesday.... 

Global air transport industry information technology (IT) provider SITA has identified both generative artificial intelligence (AI) and Urban Air Mobility (UAM) as among the emerging megatrends in... 

Dewatering solutions are essential to remove excess water from mines or quarries to allow operations to continue while safeguarding operators and maintaining productivity. Every operation’s... 

Manufacturing production increased by 2.1% year-on-year in October, Statistics South Africa has revealed. The largest positive contributions were made by the petroleum, chemical products, rubber... 

By Steven Lumley – technical manager, WearCheck Lubrication from Stone Age to Modern Age 

The Passenger Rail Agency of South Africa (PRASA) will account to, and provide a briefing for, Parliament’s Portfolio Committee on Transport, regarding the challenges faced by the Shosholoza Meyl... 

JSE-listed real estate investment trust Growthpoint Properties has let the first two of six units in Phase 1 of its Arterial Industrial Estate development, in Cape Town, to paints and coatings... 

The United Nations Conference on Trade and Development (Unctad), in its December 2023 ‘Global Trade Update’, says global trade in goods will decline by about $2-trillion this year, but trade in... 

Online retailer Takealot has deployed ten JAC N75 EV battery electric trucks to make deliveries in Gauteng and the Western Cape. The company in November welcomed four N75 four-ton electric trucks... 

Commercial truck drivers across South Africa recently participated in Engen's annual Driver Wellness programme, receiving over a thousand free voluntary health screenings. In collaboration with... 

Platinum group metals (PGMs) producer Anglo American Platinum (Amplats) has reported that its metal-in-concentrate, refined production and costs are all expected to be within guidance for 2023,... 

It’s a persistent global conundrum: Can policymakers close coal mines and power plants without ruining local economies in the process? In August, a delegation of Vietnamese officials looking to... 

Aerospace company Airbus and automotive manufacturer BMW Group have launched the global Quantum Computing Challenge, seeking candidates to develop a solution to mobility challenges, such as... 

To promote renewable energy and local manufacturing, lithium battery manufacturing startup IG3N produces battery storage systems to address the intermittent nature of renewable energy while... 

Rio Tinto has earmarked about $10-billion a year in capital investments from 2024 to 2026. 

Financial services firm Absa, in collaboration with the University of the Witwatersrand (Wits) Business School (WBS), has sponsored the newly formed Absa Chair in Future Energy. It will house a... 

The International Air Transport Association (IATA), which is the global representative body for the airline industry, “is still very focused on Africa”, assured IATA regional VP Africa and Middle... 

The production of sustainable aviation fuels (SAF) is not receiving the priority it needs, the International Air Transport Association (IATA) has warned. SAF is essential if commercial aviation is...