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From sugar highs to agri-processing, how a Free State entrepreneur made it on the farm

By: Creamer Media Reporter      11th September 2020 Basil Phupha has come a long way from his teenage entrepreneurial forays, when he would buy sweets and biscuits and sell them at a mark-up to the sugar-deprived kids neighbouring his grandparents’ farm in Dewetsdorp outside of Bloemfontein. The 29-year-old self-starter now owns his own... 

Gem Diamonds recovers more large diamonds in H1

By: Marleny Arnoldi     3rd September 2020 LSE-listed Gem Diamonds’ Letšeng mine, in Lesotho, delivered satisfactory operational results in the six months ended June 30, notwithstanding a 30-day shutdown imposed in the country. In fact, the frequency of large diamonds recovered improved in all size categories greater than 10.8 ct... 

Italtile stays resilient despite headwinds

By: Marleny Arnoldi     25th August 2020 JSE-listed Italtile has demonstrated resilience in delivering a solid set of results for the financial year ended June 30, with dividends and a capital expenditure programme remaining firmly in place, despite hampered manufacturing capability in April and May, and the continued indirect impacts... 

Weekly Coal Index Report

24th August 2020 Vietnam is the new coal exporter’s darling, as imports surged during the COVID-19 pandemic, increasing around 46% y-o-y. The country has imported circa 36-million tonnes so far this year, although Indonesia, Russia and China are the major suppliers. SA clearly has a major freight disadvantage and... 

Botswana, Namibia set to sign 5 GW solar energy plan

By: Bloomberg     24th August 2020 Botswana and Namibia are set to sign an agreement to develop solar projects of as much as 5 GW through installations built across their mostly flat, sunny landscapes. The southern African nations are working with US government initiative, Power Africa, to help structure the deal, Namibian Mines... 

Sosimple Energy

21st August 2020 Sosimple Energy provides cheap, clean energy across South Africa, protecting businesses against rising electricity prices and helping them save money from Day 1. Our customers put in zero investment and have zero costs for maintenance or insurance. Customers only pay for the electricity they use... 

Steady stream of foreign nationals return to work in South Africa's mines

By: Donna Slater     20th August 2020 The South African mining industry has managed to bring more employees, who hail from other countries, back into the country to resume work at various operations. The South African mining industry employs about 442 478 people, with 74% of employees back at work.  

The SADC Tribunal: what it means for human rights in the region

By: Creamer Media Reporter      20th August 2020 The reinstatement of the SADC Tribunal is a fundamental human rights issue that requires SADC citizens to engage their governments for its immediate reinstatement. What happened where and when to the SADC Tribunal 

Tiffany will soon reveal everywhere your diamond has traveled

By: Bloomberg     19th August 2020 Tiffany & Co wants to ease customers’ concerns about human rights abuses in the diamond industry by providing them with an unprecedented amount of detail about the precious stones it sells. Beginning in October, the 183-year-old luxury retailer will provide expanded origin details for newly... 

Power Metal launches drill programme at Botswana project

By: Simone Liedtke     18th August 2020 Aim-listed exploration and development company Power Metal Resources has elected to earn in to a 40% direct interest in the Molopo Farms Complex (MFC) project, in Botswana, by expending $500 000 on exploration expenditure, notably target drilling, this year. On completion of the earn-in, Power... 

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