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Cover Story

Minerals Council says collaboration is key to unlocking growth-supporting infrastructure

By: Nadine JamesThere have been positive developments since the introduction of the Economic Reconstruction and Recovery Plan in October last year, and while implementation has been delayed, continued engagement between Minerals Council South Africa and government, as well as the current commodities price... 

Minerals Council says collaboration is key to unlocking growth-supporting infrastructure

First Word

Private-sector capacity must be brought in to clear excessive govt backlogs

By: Martin CreamerAt last count, there was a backlog of more than 5 000 applications for mining, prospecting and exploration licences waiting to be processed. Many months after Parliament revealed that figure, officialdom was questioned on the extent to which the backlog had been reduced but with little success... 

Private-sector capacity must be brought in to clear excessive govt backlogs

News & Insight

Analogue switch-off in all nine provinces by end of January as digital migration is accelerated

By: Natasha OdendaalSouth Africa’s long-delayed transition from analogue broadcasting to digital terrestrial television (TV), under the broadcasting digital migration (BDM) programme, has been accelerated, with the ambition of concluding the analogue switch off (ASO) across all nine provinces by the end of January... 

Electrolux SA aiming for climate neutral manufacturing by 2030

By: Natasha OdendaalAppliance manufacturer Electrolux South Africa has taken a step towards a national electricity grid-free operation as it cuts the carbon footprint of its Kwikot water heater (geyser) manufacturing plant in Benoni by 40%. The company injected R16-million to develop a 1 MW solar energy system at... 

Fintech use in sub-Saharan Africa triples in six years

By: Natasha OdendaalThe use of mobile financial services across sub-Saharan Africa has more than tripled over the last six years, a new report by information and communication technology group Ericsson shows. The latest Consumer & Market Insights report, titled ‘Mobile Financial Services on the Rise’, reveals that... 

First Grenadiers to arrive in SA in October next year

By: Irma VenterThe first Ineos Grenadier vehicles destined for local customers will arrive in South Africa in October next year, says Ineos Automotive South Africa and sub-Saharan Africa head Tim Abbott. If the name sounds familiar, it is because Abbott is the former boss of the BMW group in South Africa and... 

Google to invest $1bn to support Africa’s digital transformation

By: Natasha OdendaalGoogle plans to invest $1-billion over five years to support Africa’s digital transformation. The investment will focus on enabling fast, affordable Internet access; building helpful products; supporting entrepreneurs and small businesses; and helping nonprofit organisations to improve lives... 

IEA implores govts to help lower hydrogen production costs

By: Donna SlaterThe International Energy Agency (IEA) reports in its ‘Global Hydrogen Review 2021’ report, released on October 4, that although investment is increasing in hydrogen projects to support a clean energy transition, further efforts are needed to reduce costs and encourage wider use across sectors.... 

Infrastructure Fund says its first R5.4bn will ‘catalyse’ projects worth R21bn

By: Terence CreamerThe Infrastructure Fund has submitted four projects, collectively valued at R21-billion, for National Treasury approval and is finalising four more, valued at nearly R85-billion, for submission in 2022. Infrastructure Fund head Mohale Rakgate reports that the fund itself will contribute... 

Infrastructure Fund says its first R5.4bn will ‘catalyse’ projects worth R21bn

Motus acquires UK’s FAI Automotive

By: Irma VenterAutomotive group Motus has acquired the entire issued share capital of FAI Automotive in the UK. The purchase consideration is based on an enterprise value of roughly R700-million, with the effective cash outflow of R550-million to be funded from available cash resources and funding facilities. 

Nedbank expands its Avo app to include end-to-end digital vehicle shopping 

By: Irma VenterLocal fintech startup Payabill has developed a product where it takes the risk of settling the bills of international suppliers directly for qualifying small and medium-sized enterprises (SMEs), which apply for the finance solution “using a simple and quick digital process”.   “Small businesses... 

New-vehicle sales seen reaching 485 000 units if supply holds

By: Irma VenterThe South African new-vehicle market could reach about 485 000 units this year, says Ford Motor Company Africa president Neale Hill. This will be a significant increase from the 380 000-unit sales recorded last year. 

Payabill launches online global payment solution for small businesses

By: Irma VenterNedbank is promising prospective car buyers a “complete end-to-end digital vehicle shopping experience, saving them vast amounts of time and energy, through the new Avo virtual vehicle-mall feature”. “While there are already quite a few websites and aggregators where people can browse vehicles,... 

PCC’s Olver sees updating IRP to exclude new coal as key policy priority

By: Terence CreamerPresidential Climate Commission (PCC) executive director Dr Crispian Olver says updating South Africa’s energy policy to exclude any new coal capacity to 2030 and beyond, while increasing the allocation for renewable energy to at least 30 GW by the end of the decade should be key priorities for... 

PCC’s Olver sees updating IRP to  exclude new coal as key policy priority

Ramaphosa moots pursuing hydrogen projects ‘on a joint basis’ with Namibia

By: Terence CreamerPresident Cyril Ramaphosa says South Africa stands ready to be a major exporter of green hydrogen and has described the special economic zone (SEZ) proposed for development at Boegoebaai, in the Northern Cape, as a major step towards realising the country’s potential to be a global leader in... 

Ramaphosa moots pursuing hydrogen  projects ‘on a joint basis’ with Namibia

SA faces shortage of 'well-prepared' infrastructure projects, symposium hears

By: Simone LiedtkeA representative from the Public Investment Corporation (PIC) on October 7 said a strong pipeline of projects was needed to encourage further investment in infrastructure in South Africa, particularly from private and international investors. This, she said, was owing to infrastructure providing... 

Sansa to host Digital Earth Africa office

By: Rebecca CampbellThe South African National Space Agency (Sansa) has been appointed as the Programme Management Office (PMO) for Digital Earth Africa. The latter entity has been established to make Earth observation data easily available and to provide ‘decision-ready’ products to African countries and... 

The world’s airlines commit to net-zero carbon emissions by 2050

By: Rebecca CampbellAt the 77th Annual General Meeting of their global representative body on Monday, the International Air Transport Association (Iata), the world’s airlines resolved that they would achieve net-zero carbon emissions by 2050. This would be in alignment with the Paris Agreement to limit global... 

Transnet building pipeline of transactions for private-sector participation

By: Terence CreamerTransnet CEO Portia Derby says the State-owned group received a “fantastic” response to its two recent requests for information (RFIs) for private participation at the ports of Durban and Ngqura and that several other private sector participation (PSP) transactions are under development. The... 

Transnet building pipeline of transactions  for private-sector participation

Editorial Insight

What crisis?

By: Terence CreamerSouth Africa has experienced yet another terrible year of electricity supply disruption. Even before the most recent bout of power cuts in October, the Council for Scientific and Industrial Research had indicated that load-shedding during the first half of 2021 was equivalent to more than 70% of... 

What crisis?

Mining Weekly News

Anglo appoints Mkhwanazi as Bulk Commodities head, Zikalala as Kumba CEO

By: Tasneem BulbuliaAnglo American subsidiary Kumba Iron Ore has appointed Mpumi Zikalala CEO. Zikalala, currently MD of De Beers Managed Operations, succeeds Themba Mkhwanazi, who has been appointed CEO of Anglo’s global Bulk Commodities business following the decision of Seamus French to leave the group after 14... 

Anglo appoints Mkhwanazi as Bulk Commodities head, Zikalala as Kumba CEO

BHP delivers first carbon-neutral copper to US cable manufacturer

By: Esmarie IannucciMining major BHP has collaborated with US copper cable and wire manufacturer Southwire, for its first carbon neutral copper cathode delivery. The miner has delivered copper from its mines in Chile to Southwire’s processing activities in Georgia, in the US. 

BHP delivers first carbon-neutral copper to  US cable manufacturer

Consortium to build 100 MW solar PV plant at Amplats mine

By: Schalk BurgerJSE-listed platinum-group metals (PGMs) miner Anglo American Platinum (Amplats) has selected the Pele Green Energy – EDF Renewables South Africa consortium as the preferred supplier to build a 100 MW solar photovoltaic (PV) plant at its Mogalakwena mine, in Limpopo. Pele Green Energy develops,... 

Consortium to build 100 MW solar PV plant at Amplats mine

Investment in mining crucial to ensuring continued contribution to economy – PwC

By: Martin CreamerInvestment in the mining industry is crucial to ensure its continued contribution to the South African economy, says PwC in its thirteenth edition of SA Mine 2021, a series of publications that highlights trends in the South African mining industry. In a year of doom and gloom on so many fronts,... 

Investment in mining crucial to ensuring  continued contribution to economy – PwC

Net-zero action plan for SA mines

By: Simone LiedtkeThe Minerals Council South Africa is developing a Net Zero 2050 Action Plan and pathway towards achieving the goal of net zero greenhouse-gas (GHG) emissions. The action plan for mining will include the central pillars of increasing the share of investment in renewable energy sources; research,... 

Net-zero action plan for SA mines

PGMs landscape changing, but not fading, producers aver

By: Marleny ArnoldiWhen it comes to the future growth of platinum group metal (PGM) producers, some are covering their bases by diversifying into battery metals, while others are looking to benefit from the much-hyped hydrogen economy. Impala Platinum CEO Nico Muller sees the company’s scope for growth as being... 

South Africa in danger of missing out on commodity boom, Joburg Indaba hears

By: Martin CreamerA much more enabling environment is needed to ensure that South Africa does not miss out on yet another commodity boom, the Joburg Indaba heard on Wednesday. “We know that we’ve missed at least one commodity boom,” Foskor chairperson, Industrial Development Corporation director and founding... 

South Africa in danger of missing out on  commodity boom, Joburg Indaba hears

South Africa’s exploration investment lowest since dawn of democracy

By: Martin CreamerSouth Africa’s mining industry is at its lowest level of exploration investment since democracy began in 1994, the Joburg Indaba heard on Thursday. “Never have we spent less – and this is a pity because significant promises were made about an exploration plan for the country,” Joburg Indaba... 

South Africa’s exploration investment  lowest since dawn of democracy

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