R/€ = 17.48 Change: -0.19
R/$ = 14.85 Change: -0.16
Au 1802.28 $/oz Change: 2.91
Pt 1064.50 $/oz Change: -17.00

Cover Story

FlexClub CEO makes case for vehicle subscription over ownership

By: Irma VenterImagine not buying a car. Imagine buying the use of a car for a minimum of a month, all costs included, and then simply changing that car through logging on to a website and having a new car delivered to your doorstep within a week. Imagine moving from a nippy Kia Picanto in Cape Town’s narrow... 

FlexClub CEO makes case for vehicle subscription over ownership

First Word

Unlisted mining companies must at least be made to sign the King Code

By: Martin CreamerThere are just far too many unlisted mining companies in South Africa that are extracting what belongs to us all without us being able to see rehabilitation and transfer pricing conformance. There are about 400 commercial operating mines in South Africa but only 41 mining companies listed. South... 

Unlisted mining companies must  at least be made to sign the King Code

News & Insight

Another new astronomical discovery achieved using MeerKAT array

By: Rebecca CampbellSouth Africa’s MeerKAT radio telescope array has allowed another breakthrough in astronomy. Using data gathered by the MeerKAT International Gigahertz Tiered Extragalactic Exploration (MIGHTEE) survey, a team of international and South African researchers have discovered what is probably the most... 

Another new astronomical discovery  achieved using MeerKAT array

B&W Instrumentation and Electrical

By: Creamer Media Reporter Leading electrical and instrumentation company B&W are one of the largest specialist electrical and instrumentation (E&I) contractors in South Africa, with over 48 years’ experience in the industry. As one of the first companies in its sector to achieve an ISO 9001 quality certification, B&W has... 

B&W Instrumentation and Electrical

EIB, Germany’s KfW funding sanitation programme in Zambia’s capital city

By: Natasha OdendaalThe European Investment Bank (EIB) and German development bank KfW are providing funds of €102.5-million and €33-million respectively to the Lusaka Sanitation Programme, marking another step in the another important and timely step in the realisation of the initiative to expand access to safe... 

Food, energy and water initiative for E Cape

By: Natasha OdendaalThe Energy and Water Sector Education and Training Authority (Ewseta) has launched a six-month mentorship programme aimed at upskilling young entrepreneurs to identify, develop support, fund and upscale a new generation of Fourth Industrial Revolution- (4IR-) enabled solutions to address the... 

Huawei, African telecoms body in pact to build ICT capacity across the continent

By: Natasha OdendaalInformation and communication technology (ICT) group Huawei and the African Telecommunications Union (ATU) have signed a memorandum of understanding (MoU) to build capacity for ICT transformation across Africa. The partners will start offering cutting-edge skills, reskilling and upskilling... 

Microsoft, SAtion partner to develop skills for the digital world

By: Natasha OdendaalMicrosoft and SAtion have partnered to provide free access to Microsoft Office 365 suite technology to young South Africans aged eight to 24 years, free digital literacy resources and Microsoft Cloud Society resources. The Digital Skills Hub partnership aims to alleviate unemployment, enhance... 

New Development Bank has role to play in assisting Global South post-Covid

By: Tasneem BulbuliaThe New Development Bank has played a key role in supporting Brazil, Russia, India, China and South Africa (Brics) through the pandemic. It is also expected to continue playing an integral role in helping to resolve the economic challenges arising from the Covid-19 pandemic and other... 

New IEA report paints complex picture of future of gas demand

By: Terence CreamerA new International Energy Agency (IEA) report on the outlook for gas presents a complex picture of the fuel’s role in the unfolding energy transition, as well as the outlook for demand. The report forecasts that there will be an immediate 3.5% recovery in demand from the Covid-afflicted 2020... 

New IEA report paints complex  picture of future of gas demand

Passenger rail agency fails to meet capex targets

By: Irma VenterThe Passenger Rail Agency of South Africa’s (PRASA’s) capital expenditure (capex) programme has failed to meet its targets, says CEO Zolani Matthews. “Sadly, this has also affected PRASA’s modernisation programme. 

Payment24 launches cardless fuel-payment solution

By: Irma VenterFuel management and payment solutions specialist Payment24 has launched FastLane, bringing contactless, cardless and secure fuel payments to the market. FastLane is described as ‘biometrics for the vehicle’. Payment24 says the system instantly identifies any vehicle enrolled in the system as it... 

Poor port performance costing South Africa money, jobs 

By: Irma VenterThe time currently wasted at the Durban port, owing to poor performance and inefficiency, is having a direct impact on employment generation, poverty reduction and economic growth in South Africa, says Martin Humphreys, the global lead for transport connectivity and regional integration at the... 

Rolls-Royce-led electric speed record aircraft project gets support from Jaguar Land Rover

By: Rebecca CampbellUK-based global industrial technology group Rolls-Royce announced on Tuesday that its all-electric aircraft world speed record project was now also being supported by automotive manufacturer Jaguar Land Rover (a UK subsidiary of India’s Tata Motors). The Rolls-Royce-led ‘Accelerating the... 

Rolls-Royce-led electric speed record aircraft project gets support from Jaguar Land Rover

Sasol, IDC team up to stimulate South Africa’s green-hydrogen industry

By: Terence CreamerJSE-listed Sasol and the State-owned Industrial Development Corporation (IDC) have signed a memorandum of cooperation to jointly advance South Africa’s green-hydrogen economy. In a joint statement, the two companies said the memorandum recognised that South Africa was in a unique position to... 

Sasol, IDC team up to stimulate South Africa’s  green-hydrogen industry

South African rail sector under pressure, but PPPs can help

By: Simone LiedtkePublic and private partnerships (PPPs) create a platform for numerous opportunities for the South African rail sector, an industry which is currently in dire straits, says Traxtion CEO James Holley. While the local rail industry is under pressure, Holley is hopeful that the Draft White Paper into... 

Telkom’s stolen-battery replacement bill equal to cost of 40 base stations

By: Natasha OdendaalTelecommunications giant Telkom could have built 35 to 40 base stations with the money spent on replacing the 7 841 stolen batteries last year. Telkom mobile networks managing executive Hugo van Zyl says that the scale of theft and vandalism of South Africa’s network sites is “enormous” and the... 

UAE’s DP World makes R12.7bn offer for Imperial

By: Irma VenterGlobal infrastructure-led supply chain solutions provider Dubai Ports World (DP World) has made a R12.7-billion offer to acquire 100% of Imperial, the JSE-listed logistics and market access specialist. The United Arab Emirates- (UAE-) based group is offering R66 a share (cash) to acquire all... 

WhatsApp chatbot helping diabetes patients

By: Schalk BurgerHealthcare specialists at Stellenbosch University (SU) have launched a WhatsApp-based chatbot to help patients with diabetes effectively navigate risks associated with diabetes and Covid-19 from the comfort and safety of their homes. The GREAT4Diabetes chatbot is a free service that sends... 

Editorial Insight

Self help

By: Terence CreamerHidden among data-rich economic commentary and an array of analytical figures and tables, the World Bank’s most recent South Africa Economic Update includes an uplifting personal story about Davy Tsopo and his recent journey from ‘cleaner to cake maker’. Tsopo lost his job as a cleaner at a... 

Self help

Mining Weekly News

Branded platinum jewellery collections to play increasingly important role in driving demand growth

By: Donna SlaterPlatinum marketing organisation the Platinum Guild International’s (PGI’s) July Insight report shows that strong and meaningful branded platinum jewellery collections, with innovative designs, are more appealing to consumers and provide a greater emotional value to the jewellery. PGI CEO Huw... 

Caledonia to list on Zim’s new stock exchange

By: Marleny ArnoldiNYSE-listed Caledonia Mining Corporation is pursuing a listing on the newly established Victoria Falls Stock Exchange (VFSE), in Zimbabwe. Such a listing is conditional on market conditions and the implementation of positive proposals made by Zimbabwean authorities in respect of improved... 

Chrome miners, ferrochrome smelters at odds over proposed ore export tax

By: Marleny ArnoldiMining representative group ChromeSA and ferrochrome lobby group SaveSA Smelters remain at odds about the proposed implementation of a chrome ore export tax. ChromeSA in a statement on July 7 maintained that “destroying another industry” – referring to chrome ore producers – is not a solution... 

Condra to deliver two cranes to KZN rubber processing factory

By: Natasha OdendaalCondra Cranes is preparing to deliver two overhead cranes to the work the floor area of Paragon Steel Structures’ soon-to-be-completed rubber processing factory in the KwaZulu-Natal Midlands. The two overhead cranes, which were ordered in April, will be delivered in September, with installation... 

Explorer within striking distance of declaring maiden SA diamond resource

By: Martin CreamerAfter investing just over R20-million on diamond exploration projects in South Africa, diamond exploration and development company Botswana Diamonds is within striking distance of being able to declare its maiden diamond resource. “We’re not too far off declaring a major resource at Thorny... 

Explorer within striking distance of  declaring maiden SA diamond resource

Gold heading towards ‘refuge of choice’ status, says incoming AngloGold CEO

By: Martin CreamerGold is poised to be a "refuge of choice" in the years ahead owing to the extent to which money is being printed and world debt is rising, AngloGold Ashanti CEO-designate Alberto Calderon said on Tuesday. Speaking to Mining Weekly in a Microsoft Teams interview ahead of taking office on September... 

Gold heading towards ‘refuge of choice’  status, says incoming AngloGold CEO

Mines’ safety performance worsening, Covid-19 exerting toll on workers’ mental health

By: Donna SlaterA regression in the health and safety performance of South Africa’s mining industry and the impact of “Covid-19 fatigue “ were noteworthy topics of discussion at the yearly National Day of Health and Safety 2021, hosted by the Minerals Council South Africa on July 8. This year’s event was... 

Mines’ safety performance worsening, Covid-19  exerting toll on workers’ mental health

More R&D needed for battery recycling to be viable

By: Tasneem BulbuliaMine supply is likely to remain the predominant source of lithium for many years to come, with battery recycling only expected to become a viable alternative supply sourced beyond 2030, Fitch Solutions Country Risk & Industry Research reports. In a new report, the agency states that the growth of... 

Sandfire granted mining licence in Botswana

By: Esmarie IannucciCopper miner Sandfire Resources has been granted a mining licence for its Motheo copper mine, in Botswana. The ASX-listed company on Thursday noted that the mining licence was the final permitting hurdle for the A$279-million project, where mining is expected to start in early 2022, and first... 

Yamkela Makupula clinches exciting Rockwell-linked alluvial diamond deal

By: Martin CreamerAlluvial diamond mining investor Yamkela Makupula has clinched an alluvial diamond mining transaction which makes her a 30% shareholder in three diamond assets that have a link with the former Rockwell Diamonds. Makupula, who leads the Africa growth strategy of international law firm Diaz, Reus,... 

Yamkela Makupula clinches exciting Rockwell-linked  alluvial diamond deal

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