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Covid-19

Covid-19 test in front of RSA flag
Travel industry welcomes removal of PCR test requirements at South Africa’s borders
23rd March 2022 By: Darren Parker

Several travel industry associations have welcomed President Cyril Ramaphosa’s announcement on March 22 that lifts the requirement for vaccinated inbound travellers to South Africa to show a... 


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Renewable-energy projects Merafe’s 2022 focus, says CEO Zanele Matlala
22nd March 2022 By: Martin Creamer

The focus of ferrochrome company Merafe Resources in 2022 will be on renewable energy projects, along with efficient operations, cash management and well-ordered capital allocations, CEO Zanele... 


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Cash-flush ferrochrome producer Merafe declares dividend on record profit
22nd March 2022 By: Martin Creamer

The year 2021 was a year of recovery for the Glencore Merafe Pooling and Sharing Venture, both from a financial and operational perspective. JSE-listed Merafe, headed by CEO Zanele Matlala,... 


Economic recovery from Covid-19 threatened by geopolitical tension surrounding Ukraine
18th March 2022 By: Darren Parker

Signs of a slow recovery in manufacturing so far this year – which were in part being driven by improvements in production in Europe and Asia – may now be threatened by escalating geopolitical... 


One of Hyprop's retail properties
Hyprop says trading performance back to pre-Covid-19 levels
17th March 2022 By: Darren Parker

Retail-focused real estate investment trust (Reit) Hyprop said on March 17 that trading performance had reverted back to pre-Covid-19 levels, or in some cases even higher. The Reit said the... 


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Solidarity Fund to wind down its operations by September
17th March 2022 By: Simone Liedtke

The Solidarity Fund will be wrapping up its operations, with a complete closure coming into effect at the end of September. The fund, whose mandate was intently focused on a rapid response to the... 


Growthpoint group CEO Norbert Sasse
Growthpoint delivers encouraging results despite tough interim period
16th March 2022 By: Darren Parker

Despite a tough operating period, JSE-listed Growthpoint Properties delivered a 17.6% increase in South African real estate investment trust (Reit) funds from operations and a 5.2% increase in... 


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Metals sector urged to seize South Africa’s beckoning Steel Master Plan opportunity
16th March 2022 By: Martin Creamer

South Africa’s historic metals sector employer organisation on Wednesday urged all the sector’s employer bodies to roll up their sleeves on May 19 and 20 and get their teeth into the Steel Master... 


WTO chief welcomes Covid shot patent waiver plan, drugmakers balk
16th March 2022 By: Reuters

-The World Trade Organization praised a provisional deal to waive patent rights for COVID-19 vaccines after more than a year of deadlock, although drugmakers said the move risked undermining the... 


DPWI welcomes judgment on irregular Beitbridge border fence project
9th March 2022 By: Darren Parker

The Department of Public Works and Infrastructure (DPWI) has welcomed the judgment handed down by Special Tribunal Judge Lebogang Modiba on March 8 in relation to the controversial Beitbridge... 


Aspen signs deal to package and sell J&J COVID vaccine
9th March 2022 By: Reuters

South African drugmaker Aspen Pharmacare on Tuesday concluded an agreement with Johnson & Johnson to package, sell and distribute the American group's Covid-19 vaccines under its own brand in... 


Stellenbosch University's epidemic response centre receives MIT recognition
4th March 2022 By: Schalk Burger

The Stellenbosch University (SU) Centre for Epidemic Response and Innovation (CERI) received international acclaim when its work on identifying and tracking Covid-19 variants was listed as one of... 


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Debt-free Implats generates R15bn free cash, declares dividend, advances projects
1st March 2022 By: Martin Creamer

Platinum group metals (PGM) mining and marketing company Impala Platinum Holdings (Implats) on Tuesday delivered robust earnings and free cash flow generation for its half year ended December 31,... 


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Harmony Gold's profit plunges, interim dividend declared
28th February 2022 By: Martin Creamer

The net profit of gold mining company Harmony Gold plunged 69% to R1.4-billion from R4.6-billion in the six months to December 31, and an interim dividend has been declared out of income reserves.... 


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Great to see such healthy demand for this great industry – De Beers
24th February 2022 By: Martin Creamer

It's great to see such a healthy demand for this great industry, De Beers Group CFO Sarah Kuijlaars said after posting a set of stunning financial results for the world’s leading diamond company by... 


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Cash-flush Kumba Iron Ore reports record earnings in exceptional year of delivery
22nd February 2022 By: Martin Creamer

Iron-ore mining and marketing company Kumba Iron Ore delivered record earnings of R64.6-billion in 2021, when it accumulated 47%-higher attributable free cash flow of R30.5 billion. The average... 


a photo of Gauteng Premier David Makhura waving
Gauteng has gone from health crisis to economic crisis – Makhura highlights in SoPA
21st February 2022 By: Darren Parker

Gauteng has moved from a  public health emergency to an economic and service delivery emergency, Gauteng Premier David Makhura said during his State of the Province Address, in Johannesburg, on... 


Image of medicines
Health authority approves Covid treatment pills
17th February 2022 By: Thabi Shomolekae

The South African Health Products Regulatory Authority has authorised the use of molnupiravir in the country for the treatment of Covid-19 positive adults who do not require oxygen and who are at... 


President Cyril Ramaphosa
Red tape delaying R90bn investment in ready-to-go projects – Minerals Council
14th February 2022 By: Martin Creamer

Red tape is delaying investment worth R90-billion in ready-to-go mining-related projects, at a time when the South African economy is in desperate need of such projects proceeding, to create jobs... 


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Hospitality industry pleads for end to National State of Disaster
8th February 2022 By: Darren Parker

The Federated Hospitality Association of South Africa (Fedhasa) has added its voice to calls for the lifting of the National State of Disaster by President Cyril Ramaphosa in his upcoming 2022... 


Vague Covid-19 policy a hindrance to economic recovery
7th February 2022 By: Darren Parker

Diversified professional services firm Ernst & Young Africa CEO Ajen Sita has criticised “vague” government policy on tackling Covid-19, calling for more clarity to steer South Africa out of crisis... 


Siemens South Africa, Aspen enhancing vaccine production for Africa
7th February 2022 By: Tasneem Bulbulia

Siemens South Africa, Aspen Pharmacare Holdings subsidiary Aspen SA Operations and private sector development financier Deutsche Investitions- und Entwicklungsgesellschaft (DEG) have entered into... 


Social distancing at Implats
BLSA pleads for workplace restrictions to be eased
7th February 2022 By: Marleny Arnoldi

South Africa is becoming an outlier in workplace regulations, with businesses still being required to maintain an array of Covid-19 workplace regulations. These include keeping an attendance... 


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Glencore reports 43% higher ferrochrome production
2nd February 2022 By: Martin Creamer

Diversified mining and marketing company Glencore on Wednesday reported 43% higher ferrochrome production in its full year 2021 production report.   


A photo of Nigerian VP Yemi Osinbajo
Nigerian VP calls for natural gas to be accepted as a transition fuel
21st January 2022 By: Darren Parker

Nigerian Vice President Yemi Osinbajo has called for natural gas – which Africa has in abundance – to be accepted by the rest of the globe as a transitional fuel. In his address to the Davos Agenda... 


Africa joins race to acquire Pfizer's Covid-19 Paxlovid pills
13th January 2022 By: Reuters

Africa's top public health body said it was in talks with Pfizer about securing supplies of its antiviral Covid-19 pills for the continent, the latest to join the race for a drug seen as a... 


An image of a flooded road
Govt departments urged to focus on integrated disaster risk reduction
12th January 2022 By: Donna Slater

Disaster risk reduction (DRR) should be a priority for government at all levels, but failures in adequately addressing major factors, such as the Covid-19 pandemic, climate change and growing... 


World Bank warns that low Covid-19 vaccination rates in Africa pose a threat of renewed and more severe outbreaks
World Bank forecasts South African growth of only 2.1% in 2022
11th January 2022 By: Terence Creamer

The World Bank is forecasting that growth in South Africa will slow to only 2.1% in 2022 amid decelerating global and regional growth, reflective of continued Covid-19 flare-ups, diminished fiscal... 


Global air cargo demand up 3.7%, capacity down 7.6% for Nov
11th January 2022 By: Donna Slater

The latest global air cargo market data released by the International Air Transport Association (Iata) shows slow growth in November, as supply chain disruptions and capacity constraints impacted... 


Studies suggest Omicron has higher 'asymptomatic carriage'
11th January 2022 By: Reuters

Preliminary findings from two South African clinical trials suggest the Omicron coronavirus variant has a much higher rate of "asymptomatic carriage" than earlier variants, which could explain why... 


Rand facing Covid-19, political risks in 2022 – DG Capital
11th January 2022 By: Donna Slater

Although the rand ended 2021 “on the back foot” at R15.89/$, the Omicron variant of Covid-19 will remain a significant unknown in the financial market for 2022 as it is proving to be more... 


With shots finally on hand, nations struggle to get them in arms
9th January 2022 By: Bloomberg

As shipments of Covid-19 shots ramp up for billions of people left behind last year, and new vaccines make their way to the public, dozens of countries are struggling to turn supplies into... 


Covid vaccination
ANC urges vaccine mandate to help restart economy
9th January 2022 By: Bloomberg

South Africa’s ruling party urged the government to finalize a policy on vaccine mandates for certain settings and activities as it seeks to fully reopen the coronavirus-battered economy. “The... 


South African study to compare J&J, Pfizer Covid-19 boosters
7th January 2022 By: Bloomberg

Researchers have started recruiting South African health workers to take part in a vaccine trial that will compare the use of Johnson & Johnson and Pfizer Covid-19 shots as boosters. The health... 


A Covid-19 vaccine being administered
Tie pharma CEO pay to fair global Covid-19 vaccine access, investors say
7th January 2022 By: Reuters

A group of institutional investors representing $3.5-trillion in assets under management on Thursday called on pharmaceutical companies to link their executives' pay to making Covid-19 vaccines... 


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