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PCC executive director Dr Crispian Olver
PCC executive director Dr Crispian Olver
Delayed coal decommissioning won’t ‘collapse our climate commitments’
Updated 6 hours ago By: Terence Creamer

The Presidential Climate Commission (PCC) is currently assessing the impact of South Africa’s decision to delay the decommissioning of the Hendrina, Grootvlei and Camden coal-fired power stations on the country’s Nationally Determined Contribution... 


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BLSA CEO Busisiwe Mavuso
Mavuso reflects on government progress, says private-sector partnership key
27th May 2024 By: Sabrina Jardim

Ahead of the national elections on May 29, Business Leadership South Africa (BLSA) CEO Busisiwe Mavuso says that, despite the challenges facing South Africa, voting is a foundation for democratic... 


An image showing Re-Purpose's reverse collection model
ALPLA, Re-Purpose partner to strengthen plastics cycle in South Africa
27th May 2024 By: Tasneem Bulbulia

Plastic packaging manufacturer and recycler the ALPLA Group and waste repurposing company Re-Purpose have announced a strategic partnership that is expected to advance sustainable packaging... 


AMSA CEO Kobus Verster
Just Share unhappy that its question was not addressed at AMSA’s AGM
27th May 2024 By: Darren Parker

Nonprofit activist organisation Just Share has accused ArcelorMittal South Africa (AMSA) of sub-par AGM governance because the chairperson closed the company’s AGM on May 24 before addressing a... 


Transnet National Ports Authority Port of Ngqura harbour master Captain Thulani Dubeko
African Harbour Masters’ Committee elects Transnet harbour master as president
27th May 2024 By: Darren Parker

The African Harbour Masters’ Committee (AHMC) has elected South African State-owned Transnet National Ports Authority (TNPA) Port of Ngqura harbour master Captain Thulani Dubeko as its new... 


Hyland Europe, Middle East and Africa associate VP for sales Jean van Vuuren
Internal digital content serves as repository of truth for AI in companies – Hyland
Updated 7 hours ago By: Schalk Burger

The current focus for businesses is to automate the ingestion and use of content, and to use the advent of AI to analyse it and create business value, Hyland Europe, Middle East and Africa... 


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Standard Bank undertakes largest student housing financing endeavour in Africa
27th May 2024 By: Marleny Arnoldi

Financial services provider Standard Bank has partnered with global advisory firm MiDA Advisors and real estate developer Acorn Holdings to mobilise long-term blended finance commitments for green... 


Valuable use of ruthenium being researched.
Ruthenium highlighted again in what could be another big boost for platinum group metals
Updated 7 hours ago By: Martin Creamer

Ruthenium, one of the six platinum-group metals (PGMs), is once again being given major research attention in view of it being exceptionally suited to uplifting the efficiency and sustainability of... 


An image of the Sapref refinery
bp, Shell agree to sell Sapref land, associated assets to the CEF
27th May 2024 By: Tasneem Bulbulia

Following successful negotiations, bp Southern Africa and Shell Downstream South Africa (SDSA) have reached an agreement for the sale of their respective 50% ownership of assets located at the... 


A truck delivering coal to a power station
Uncertainty over coal jobs ahead of South Africa elections
27th May 2024 By: Reuters

Growing up surrounded by the towering smokestacks of coal-fired power stations, 22-year-old Siya Mokoena's life is inextricably linked to the coal industry that dominates his hometown of Emalahleni... 


steel in warehouse
Neasa asks Patel, Itac to stop imposing upstream steel import duties
24th May 2024 By: Marleny Arnoldi

The National Employers' Association of South Africa (Neasa) says government’s duties on imported steel only serve to support ailing primary steel producer ArcelorMittal South Africa (AMSA). Neasa... 


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AU signs new agreement on Earth observation cooperation with a European organisation
24th May 2024 By: Rebecca Campbell

The African Union Commission (AUC) and the European Organisation for the Exploitation of Meteorological Satellites (much better known by its acronym, EUMETSAT) have signed an agreement to reinforce... 


Outa to challenge Karpowership generation licences in court
24th May 2024 By: Sabrina Jardim

The Organisation Undoing Tax Abuse (Outa) is gearing up for a court application to compel the National Energy Regulator of South Africa (Nersa) to provide it with the full, unredacted record of... 


COMRO book editor Brian Protheroe (right) and Mining Weekly's Martin Creamer (left).
Massive water power possibilities in underground mining, says COMRO book editor
24th May 2024 By: Martin Creamer

When hydropower was being developed for South Africa’s gold-mining industry, the industry was going through a tough time and the research organisation of the day, the Chamber of Mines Research... 


Brikor bricks
Brikor anticipates more than 100% improvement in full-year earnings
24th May 2024 By: Marleny Arnoldi

AltX-listed construction materials provider Brikor expects to post earnings a share of between 0.9c and 1.1c for the financial year ended February 29, compared with a loss a share of 0.7c in the... 


IATA African aviation conference to be held in South Africa in July
24th May 2024 By: Rebecca Campbell

The International Air Transport Association (IATA), the global representative body for the airline industry, has announced that its second Wings of Change Focus Africa Conference (WOCFA) will take... 


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Magazine

Magazine round up | 24 May 2024
Magazine round up | 24 May 2024

A video round up of this week’s magazine, highlighting our cover story, features and Business Leader.  

SUBSIDY REINSTATED: The International Monetary Fund (IMF) estimates that the reintroduction of a gasoline subsidy in Nigeria could consume almost half of the country’s projected oil revenue this year. President Bola Tinubu halted the subsidy at in mid-2023 to help government repair its finances. However, the removal and a devaluation of the naira, led fuel prices to more than triple, fanning inflation and protests. The IMF said it expects the fuel subsidy to be phased out within two years, as a cash-transfer programme was implemented to cushion poor consumers. Photograph: Bloomberg
SUBSIDY REINSTATED

The International Monetary Fund (IMF) estimates that the reintroduction of a gasoline subsidy in Nigeria could consume almost half of the country’s projected oil revenue this year. President Bola... 

Photo of Martin Creamer
Green energy collaboration a must to reindustrialise South Africa

The industrialisation that South Arica has lost in the last few decades can be more than regained by the country collaborating fully when it comes to green electrons, green molecules and the new... 

Photo of Terence Creamer
Unintended consequences?

It is highly unlikely that South Africa would have made the progress it has in stabilising electricity supply and setting in place initiatives to halt the collapse of the country’s... 

Business Leader

 	Mike Benfield, Group CEO of Macsteel Service Centres South Africa
Mike Benfield

This week we profile Mike Benfield, Group CEO of Macsteel Service Centres South Africa, a merchandiser and distributor of steel and value-added steel products 



DEVASTATING: The deadly collapse of a building in George while under construction is simply devastating for the families of the workers who perished. It has also raised a number of questions about the state – including the state of safety – of South Africa’s building and construction industry. The industry today is almost unrecognisable from what it was before so many of the country’s listed building majors either closed due to financial distress or exited the sector.
DEVASTATING

The deadly collapse of a building in George while under construction is simply devastating for the families of the workers who perished. It has also raised a number of questions about the state –... 

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VEGA Controls SA (Pty) Ltd
VEGA Controls SA (Pty) Ltd

For over 60 years, VEGA has provided industry-leading products for the measurement of level, density, weight and pressure. As the inventor of the...

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M and J Mining
M and J Mining

M and J Mining are leading suppliers of physical support systems as used by the underground mining industry. Our selection of products are not...

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We are dedicated to business excellence and innovation.

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Weir Minerals Africa and Middle East
Weir Minerals Africa and Middle East

Weir Minerals Europe, Middle East and Africa is a global supplier of excellent minerals solutions, including pumps, valves, hydrocyclones,...

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