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Finance Minister Enoch Godongwana
Finance Minister Enoch Godongwana
Treasury to sign agreements in transport and water sectors aimed at fast-tracking private investment
17th July 2024 By: Terence Creamer

Finance Minister Enoch Godongwana reports that the National Treasury is working on signing memoranda of agreement in the transport and water sectors with the goal of fast-tracking private sector participation. Delivering his Budget Vote, the... 


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UIF to collaborate with govt organisations on employment initiative
17th July 2024 By: Sabrina Jardim

The Department of Employment and Labour is spearheading an initiative to combat unemployment in South Africa and, as part of this initiative, the Unemployment Insurance Fund (UIF) is planning to... 


Schneider Electric secure power division cooling innovation and strategy director Maurizio Frizziero
Liquid cooling crucial for power-intensive AI data centres
17th July 2024 By: Darren Parker

Liquid cooling technology is critically important for the future of data centres, technology company Schneider Electric secure power division cooling innovation and strategy director Maurizio... 


A graphic showing the uses of hydrogen
EU's green hydrogen goals not realistic, auditors say
17th July 2024 By: Reuters

The EU's goals to produce and import green hydrogen fuel are unrealistic and unlikely to be met despite billions of euros in funding, the European Court of Auditors (ECA) said on Wednesday. The... 


Necsa welcomes regulatory approval for extending the life of Koeberg’s first nuclear reactor
17th July 2024 By: Rebecca Campbell

The South African Nuclear Energy Corporation (Necsa) has welcomed the decision by the National Nuclear Regulator (NNR) to authorise the extension of the operational life of the first reactor (known... 


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South African retail sales rise 0.8% year on year in May
17th July 2024 By: Reuters

South African retail sales rose 0.8% year on year in May after rising by a revised 0.7% in April, Statistics South Africa figures showed on Wednesday. Sales fell 0.7% month on month in May after... 


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Petra Diamonds CEO Richard Duffy
Petra Diamonds focusing on refinancing $250-million loan notes
17th July 2024 By: Martin Creamer

Having reset its cost base, delivering new life-of-mine (LoM) plans with a smooth capital profile, the focus of Petra Diamonds is very much on refinancing its $250-million loan notes. “We plan to... 


Salvage team to start pumping fuel from grounded vessel on South African coast
17th July 2024 By: Reuters

A salvage team hopes to take advantage of a respite in the stormy weather that has lashed Cape Town's coast to start pumping 500 tons of fuel off a ship that ran aground last week on South Africa's... 


A globe focused on the African continent
African economies seen delaying joining cycle of global easing
17th July 2024 By: Bloomberg

African central banks set to decide on interest rates in the next three weeks are unlikely to follow the tide of global easing and maintain tight monetary policies, with one exception. “The broader... 


Improved wheeled plant solution enhances portability, flexibility on mining sites
Improved wheeled plant solution enhances portability, flexibility on mining sites
17th July 2024

In response to shifting market demands and evolving customer needs, mining technology company Weir has undertaken a significant redesign of its wheeled plant solution, known as the Weir Modular... 


Trade, Industry and Competition Minister Parks Tau
Localisation to be used to create early-stage demand in targeted sectors - Tau
16th July 2024 By: Terence Creamer

While proclaiming industrial policy to be the “centre piece” of the government of national unity’s economic development strategy, new Trade, Industry and Competition Minister Parks Tau indicated he... 


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RSR opens National Rail Safety Awards nominations
16th July 2024 By: Schalk Burger

The Railway Safety Regulator (RSR) will host the inaugural National Rail Industry Awards on October 24, at the Houghton Hotel, in Johannesburg, and has opened nominations for the awards, which will... 


Business interruption, energy crisis, climate change top oil and gas industry concerns
16th July 2024 By: Schalk Burger

Business interruption was named the top risk in the oil and gas sector by 45% of respondents to a survey conducted by insurance and risk company Allianz Risk Barometer. This was followed by the... 


Sars encourages use of digital platforms this filing season
16th July 2024 By: Sabrina Jardim

South African Revenue Service (Sars) Commissioner Edward Kieswetter on July 16 thanked those taxpayers who have interacted with the service over the past two weeks. This includes those who were... 


Graph showding projected downward path of platinum.
Minerals Council VP spells out platinum production decline expectation to Shanghai
16th July 2024 By: Martin Creamer

Under current market conditions, many platinum mines will close prematurely due to a lack of financial resources – and even without financial constraint, closure of depleting mines will result in... 


Zambian Minister stresses importance of infrastructure development and the role of PPPs
16th July 2024 By: Rebecca Campbell

Zambian Infrastructure, Housing and Urban Development Minister Charles Lubasi Milupi, himself an engineer, has highlighted the importance of infrastructure development for his country and for the... 


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Magazine round up | 12 July 2024

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

MORE LITHIUM: Four new Argentinian lithium projects are set to enter production in the coming months, which will almost double the country’s production capacity. Built on salt lakes nestled in the Andes mountains in South America’s so-called lithium triangle, Bloomberg notes that the extra production comes when buyers are already well supplied and prices are under pressure. Photograph: Bloomberg.
MORE LITHIUM

Four new Argentinian lithium projects are set to enter production in the coming months, which will almost double the country’s production capacity. Built on salt lakes nestled in the Andes... 

Photo of Martin Creamer
Faster economic growth is a must because it serves the interests of everyone

It has been estimated that an increase in gross domestic product (GDP) from 1% to 2.5% would create an additional 21-million jobs within a decade and add something like R330-billion a year to the... 

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Rewards and risks

The decision to again uncouple the energy portfolio from mineral resources and appoint Dr Kgosientsho Ramokgopa as the new Electricity and Energy Minister in the government of national unity has... 

Business Leader

Grant Sboros, CEO of Euro Sun Mining
Grant Sboros

This week we profile Grant Sboros, CEO of Euro Sun Mining, the developer of the Rovina Valley project, in west-central Romania, one of Europe’s largest gold/copper projects 

CHAIRS AT THE TABLE: South Africa’s government of national unity is unquestionably the best outcome from what was a potentially treacherous political moment. Given the number of issues and interests at stake, it is also no surprise that the number of Ministerial seats at the Cabinet table has increased. It is nevertheless ironic, given that some of those occupying them were among the most vociferous critics of the previous ‘bloated’ Cabinet.
CHAIRS AT THE TABLE

South Africa’s government of national unity is unquestionably the best outcome from what was a potentially treacherous political moment. Given the number of issues and interests at stake, it is... 

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Goodwin Submersible Pumps Africa (Pty) Ltd
Goodwin Submersible Pumps Africa (Pty) Ltd

Goodwin Submersible Pumps Africa is sole distributors for Goodwin electrically driven, submersible, abrasion resistance slurry pumps.

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Environmental Assurance (Pty) Ltd.
Environmental Assurance (Pty) Ltd.

ENVASS is a customer and solutions-driven environmental consultancy with established divisions, serviced by highly qualified and experienced...

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JusChek® - Disposable saliva test
Alco-Safe

JusChek® - Disposable saliva test

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Condra Cranes
Condra Cranes

ISO-certified Condra manufactures overhead cranes, portal cranes, cantilever cranes and crane components: hoists, drives, end-carriages, brakes and...

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