Creamer Media Reporter

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Creamer Media Reporter

Creamer Media’s news team is based mainly in South Africa, but the team includes regular correspondents from other parts of Africa, such as Zimbabwe, Malawi, Botswana, Kenya and the rest of the world, including the United Kingdom, Australia and India. Email: newsdesk@engineeringnews.co.za

Tiger Brands expects up to 15% decrease in HEPS following unrest, product recall

26th October 2021 Food producer Tiger Brands' share price on the JSE fell on Tuesday morning as it warned of an up to 15% year-on-year decrease in headline earning per share (HEPS) for the financial year ended September 30. The JSE-listed company said HEPS from continuing operations would likely be between 5% and... →

Altron’s Mteto Nyati receives honorary doctorate

26th October 2021 JSE-listed Altron Group CEO Mteto Nyati has received an honorary doctorate from the University of Johannesburg’s College of Business and Economics. “The institution recognises the outstanding contribution of Mteto Nyati, driven by elevating others, service, integrity, excellence and fairness,”... →

Stage 2 load-shedding to continue until Saturday morning

26th October 2021 Power utility Eskom has announced that, owing to a shortage of generation capacity, Stage 2 load-shedding will be implemented from 09:00 on October 26 to 05:00 on October 30. "While Eskom teams have successfully returned a unit each at the Kusile, Matimba and Arnot power stations during the early... →

Opinion: Breaking the stranglehold on growth and recovery

25th October 2021 In this opinion article, South African National Roads Agency Limited N2 Wild Coast Road lead project manager Craig McLachlan writes about how investment in road infrastructure can support South Africa's post-Covid-19 economic recovery. →

B2Gold sells Burkina Faso projects to West African

25th October 2021 Canadian bullion miner B2Gold will sell its Kiaka project, in Burkina Faso, to Australia-listed West Africa Resources (WAF) for cash and shares, the company announced on Monday. B2Gold would sell 100% of Volta Resources, the holder of an 81% interest in the Kiaka gold project, for $450 000 in... →

Mantashe appoints highly experienced Mokoena as Nersa chair

22nd October 2021 Mineral Resources and Energy Minister Gwede Mantashe has appointed the highly experience Smunda Mokoena as chairperson of the National Energy Regulator of South Africa (Nersa). The appointment became effective on October 20 and Mokoena’s term is expected to continue until September 13, 2024. →

GIBS Manufacturing MBA Scholarship: The need for manufacturing ambassadors

22nd October 2021 “South Africa urgently needs to develop a passion for, and commitment to, manufacturing – to support the fundamental transformation of society and enable substantially higher standards of living” – Professor Justin Barnes Why do we need manufacturing? →

Seifsa confirms end of three-week metals and engineering strike

21st October 2021 The Steel and Engineering Industries Federation of Southern Africa (Seifsa) has confirmed the end of the strike that has affected the metal and engineering sector in the past three weeks. Seifsa, on behalf of its affiliated associations, and labour reached a "landmark" agreement on the issue of... →

Denison sells Goviex shares, warrants for $41.6m

21st October 2021 Dual-listed Denison Mines has entered into a private agreement to sell shares and warrants that it held in Africa-focused explorer and developer GoviEx Uranium for investment purposes for $41.6-million. Denison will sell 32.5-million common shares, currently held for investment purposes, and... →

Search Minerals and USA Rare Earth deepen relationship

21st October 2021 Critical mineral companies Search Minerals and USA Rare Earth have deepened their relationship with a nonbinding memorandum of understanding for an offtake of 500 t/y of neodymium/praseodymium from future production at the Deep Fox and Foxtrot deposits, in Labrador, Canada. Almost a year ago,... →

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