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Tasneem Bulbulia

Tasneem Bulbulia

Tasneem Bulbulia is a Creamer Media Senior Online Writer for Engineering News and Mining Weekly.

Tel: +2711 622 3744

Email: newsdesk@engineeringnews.co.za

SA ranks eighty-fourth among 165 jurisdictions in Economic Freedom report

14th September 2021 South Africa ranked eighty-fourth out of 165 countries and territories included in the ‘Economic Freedom of the World: 2021 Annual Report’ released by think tank the Free Market Foundation in conjunction with Canada’s Fraser Institute. In 2000, South Africa ranked fifty-eighth on the list of... 

Govt launches portal for businesses affected by unrest

14th September 2021 The South African government has launched an online Business Loss Portal for the registration of businesses that were affected by the unrest which took place during July 9 to 19 in KwaZulu-Natal, Gauteng and other affected areas in the country. As part of the relief package announced by President... 

Outlook for metals improves – Moody’s

13th September 2021 Credit rating business Moody's Investors Service’s outlook for the global metals and mining industry changed to stable from positive with high prices expected to fade out throughout 2022. In a new report covering iron-ore, steel, coal, aluminium, gold, silver, nickel, copper and zinc, Moody's... 

Sibanye buys back about 3% of shares in issue

13th September 2021 Precious metals miner Sibanye-Stillwater has, in a series of unrelated transactions, cumulatively bought back about 90.2-million ordinary shares, or about 3% of its shares in issue, in accordance with the general authority granted by shareholders at the company’s annual general meeting held on... 

DMRE accepts URU’s prospecting right application for area adjacent to Zebediela project

13th September 2021 Aim-listed URU Metals says the South African Department of Mineral Resources and Energy (DMRE) has accepted its application for a prospecting right over ten portions of the farm Piet Potgietersrust Town and Townlands 44 KS, totalling 246 ha. The prospecting right under application is immediately... 

Move to Level 2 lockdown bodes well for economy – Parsons

13th September 2021 The announcement by President Cyril Ramaphosa that the country moves to an adjusted Level 2 lockdown is positive news for the economy, North-West University Business School economist Professor Raymond Parsons says. He says that, although the recent better-than expected second-quarter gross... 

Fairvest records strong full-year performance

13th September 2021 JSE-listed Fairvest Property Holdings delivered a guidance-beating 5% increase in distributions a share to shareholders of 22.06c for the financial year ended June 30. The company on September 13 noted that it had been a challenging period for retail-focused real estate investment trusts (Reits)... 

Competition Commission advances efforts to mitigate price gouging during pandemic

10th September 2021 The Covid-19 pandemic has led to a spike in price gouging and complaints from customers, and the Competition Commission of South Africa had to, and continues to, focus efforts on mitigating this situation, and has learnt several lessons from this. This was indicated during the a webinar hosted by... 

Katoro advances project portfolio

10th September 2021 Despite the ongoing challenges around the Covid-19 pandemic, Aim-listed Katoro Gold says it continued to make significant progress across its project portfolio during the six months ended June 30. During the period, the company raised £960 000 (gross) through a placing and subscription of new... 

Sapia warns South Africa’s refinery fleet could quickly become obsolete under new regulations

10th September 2021 Industry body the South Africa Petroleum Industry Association (Sapia) says in a statement that it has received confirmation from the Department of Mineral Resources and Energy (DMRE) that the new regulations regarding Petroleum Products Specification and Standards have been gazetted. These... 

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