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Sales drop 14% in June as new vehicles become increasingly unaffordable
Sales drop 14% in June as new vehicles become increasingly unaffordable
2nd July 2024 By: Irma Venter

New-vehicle sales in South Africa dropped by 14%, to 40 072 units, compared with the same month last year. The new-passenger-car market reached 26 928 units last month – a decline of 9% over June... 

ESG – Do you have eyes in the back of your head?
ESG – Do you have eyes in the back of your head?
2nd July 2024

By Caroline Carter If, like most of us, you don’t actually have eyes in the back of your head – listen up! 

Meet (Y)our Authors
Meet (Y)our Authors
2nd July 2024

George Jennings and Kobus van Niekerk are both senior underwriters at Consort Collectively, George and Kobus have 100+ years of experience in their insurance careers. Their experience ranges from... 

ArcelorMittal South Africa CEO Kobus Verster
AMSA to continue operating longs business, but instability at flats unit hits earnings
2nd July 2024 By: Terence Creamer

Despite a negative trading update, steel producer ArcelorMittal South Africa (AMSA) has announced that it will continue to operate its longs business, the closure of which was deferred earlier this... 

Mineral and Petroleum Resources Minister Gwede Mantashe
Minerals Council reiterates mining industry priorities as it welcomed Mantashe’s reappointment
2nd July 2024 By: Marleny Arnoldi

Industry body the Minerals Council South Africa has welcomed the reappointment of Gwede Mantashe as Mineral and Petroleum Resources Minister, with this Ministry having been separated from that of... 

Liquid logistics specialist builds legacy with DAF Trucks
Liquid logistics specialist builds legacy with DAF Trucks
2nd July 2024

DAF Trucks have once again proven their performance as an all-rounder, this time as tanker trailers for Legacy Bulk. The Cape-based liquid logistics company took delivery of five DAF XF 480 Smart... 

Trade, Industry and Competition Minister Parks Tau
New trade and industry leadership expected to use industrial policy levers to support key sectors
2nd July 2024 By: Terence Creamer

With industrial policy back in fashion in many economies, business and policy specialists expect new Trade, Industry and Competition Minister Parks Tau to prioritise measures to support key... 

Study confirms Jaguar’s nickel sulphide production potential
Study confirms Jaguar’s nickel sulphide production potential
2nd July 2024 By: Mariaan Webb

Australia-listed Centaurus Metals has announced the results of a feasibility study for the Jaguar nickel sulphide project in northern Brazil, highlighting the strong economics from an initial... 

Shareholders prop up Volt with A$500 000 loan
2nd July 2024 By: Creamer Media Reporter

Graphite producer and anode developer Volt Resources on Tuesday announced a funding agreement with three major shareholders for the provision of an aggregate loan of up to A$500 000. The investors... 

MTM Critical Metals CEO resigns
2nd July 2024 By: Creamer Media Reporter

Lachlan Reynolds has resigned as CEO of Australia- and Canada-focused explorer MTM Critical Metals with immediate effect. Reynolds served as MD since the company’s listing in July 2021 until... 

Absa PMI rises, but remains below 50-point mark amid persisting challenges
1st July 2024 By: Schalk Burger

The Absa Purchasing Managers’ Index (PMI) increased by 1.9 points to 45.7 points in June, from 43.8 in May, but remained below the 50-point mark. Following a strong start to the second quarter,... 

Macadamia farm in South Africa
Agriculture sector upbeat about Steenhuisen’s appointment as Minister
1st July 2024 By: Marleny Arnoldi

Industry body Agri SA has welcomed Democratic Alliance leader John Steenhuisen’s appointment as the new Agriculture Minister, as well as Mzwanele Nyhontso’s appointment as Land Reform and Rural... 

Dr Kgosientsho Ramokgopa speaking during an Eskom power station visit while still Electricity Minister
Separation of energy portfolio and Ramokgopa’s appointment praised amid rising energy-transition complexity
1st July 2024 By: Terence Creamer

The decision to establish a separate energy portfolio with the African National Congress’s Dr Kgosientsho Ramokgopa as Minister and the Democratic Alliance’s Samantha Graham as Deputy Minister has... 

Russia's Alrosa buys Degdekan gold deposit from Polyus
1st July 2024 By: Reuters

Russian diamond producer Alrosa has bought a gold deposit in Russia's Far East from miner Polyus, the two companies, both of which are under Western sanctions, said on Monday. For the world's... 

Windaba 2024 - Building Resilience Through Wind
1st July 2024

Sustainable development transcends mere theory; it's a rallying cry and it embodies the essence of this year’s Windaba Conference and Exhibition 2024, under the theme: “Building Resilience Through... 

President Cyril Ramaphosa
Business welcomes finalisation of Cabinet, highlights focus areas for economic growth
1st July 2024 By: Tasneem Bulbulia

Business organisations have responded to President Cyril Ramaphosa’s announcement of a final agreement for a Government of National Unity (GNU) and the new Cabinet, with consensus that an... 

Six Advantages Of Modular Data Centres
Six Advantages Of Modular Data Centres
1st July 2024

( Virtual Showroom )The local data centre market is poised for rapid growth, driven by the adoption of AI and mobile data. According to Amanda Venter, External IT Sales, Rittal SA, the market is... 

President Cyril Ramaphosa
South Africa opposition makes debut in Ramaphosa’s unity Cabinet
30th June 2024 By: Bloomberg

South African President Cyril Ramaphosa announced his new Cabinet, allocating ministerial posts to opposition politicians while retaining close ally Enoch Godongwana as finance minister. The... 

Anglo CEO Duncan Wanblad
Anglo further supports education, entrepreneurship with handover of Jhb CBD building to Wits Business School
28th June 2024 By: Sabrina Jardim

Demonstrating its broad commitment to education, entrepreneurship and leaving a positive legacy in the Johannesburg central business district (CBD), diversified miner Anglo American on June 28... 

Image of a house lit up at night to show that Sungrow provides residential energy solutions
Smart energy solutions for South African households
28th June 2024

Global PV inverter and energy storage system provider Sungrow Power Supply Co. says it aims to meet the backup needs of South African homes especially during periods of loadshedding. The company... 

Aluminium cans
Nampak sees turnaround in first-half performance
28th June 2024 By: Schalk Burger

JSE-listed packaging producer Nampak has achieved headline earnings of R267-million for its total operations for the six months ended March 31, compared with a headline loss of R342-million for the... 

drd gold tailings treatment
DRDGOLD assessing its alignment with Responsible Gold Mining Principles
28th June 2024 By: Darren Parker

Gold mining company DRDGOLD has started self-assessment in line with the World Gold Council (WGC) Responsible Gold Mining Principles (RGMPs) to determine conformance levels across all DRDGOLD... 

Hudaco CEO Graham Dunford
Hudaco’s interim performance hampered by suspended loadshedding
28th June 2024 By: Darren Parker

Diversified consumer and engineering products group Hudaco has faced a challenging start to the 2024 financial year, with the reduction in loadshedding negatively impacting on some of its... 

Smart, safe battery systems
Huawei’s advanced smart PV power solutions prevent hazardous risks
28th June 2024

Renewable power sources have been credited with helping South Africa achieve its longest break from rolling black outs in four years. Elsewhere on the continent around 600 million people lack... 

Marriott Hotel, in Melrose Arch
SolarSaver showcases innovations of its latest solar installation in Melrose Arch precinct
28th June 2024 By: Marleny Arnoldi

Energy company SolarSaver has successfully completed a solar installation at the Marriott Hotel Melrose Arch and the African Pride Hotel, both of which are based in the Melrose Arch precinct in... 

Top Babcock artisans rewarded with a trip to Sweden
Top Babcock artisans rewarded with a trip to Sweden
28th June 2024

For the second year running, Babcock has rewarded the top four artisans from its Equipment business with a trip to visit Volvo Construction Equipment (Volvo CE) factories and facilities in Sweden.... 

NextSource considers $280m investment in Saudi Arabia for battery anode plant
NextSource considers $280m investment in Saudi Arabia for battery anode plant
28th June 2024 By: Mariaan Webb

Canada’s NextSource is exploring the establishment of a battery anode facility (BAF) in Saudi Arabia, drawn by the kingdom’s attractive incentives for value-added processing. The proposed facility... 

Businessmen shaking hands
Dealmakers optimistic on global M&A prospects despite sluggish growth
28th June 2024 By: Reuters

Global mergers and acquisitions (M&A) activity grew at a sluggish pace in the second quarter, yet many dealmakers are upbeat, forecasting transactions will pick up in the second half of 2024.... 

Photo of Martin Creamer
Hydrogen fuel cell electric vehicles, mining's socioeconomics, Western mining make headlines
28th June 2024

Mining Weekly Editor Martin Creamer discusses the initiative that will boost platinum-based hydrogen fuel cell electric vehicles; the role of mining in South Africa’s socioeconomic wellbeing; and... 

Bridging the gap: Why Public Private Partnerships (PPPs) are essential to sustainable public transport
Bridging the gap: Why Public Private Partnerships (PPPs) are essential to sustainable public transport
28th June 2024

By Bazil Govender – Senior Business Development Manager: Unitrans People The quest for a sustainable and integrated public transport sector in South Africa continues to face significant challenges.... 

Graphic of the EnviNOx to remove greenhouse-gasses
New technology bolsters fight against greenhouse-gas emissions
28th June 2024

Managing emissions while ensuring optimum production is a constant challenge for industries and has become even more pertinent with the introduction of new South African legislation requiring... 

Pilbara Minerals CEO Dale Henderson keeps his eye on the long-term trajectory.
Lithium producers bullish on long-term demand despite recent price drop
28th June 2024 By: Reuters

The world's largest lithium producers told a major industry conference this week they remain bullish on long-term demand for the electric vehicle battery metal despite the recent price plunge that... 

Magazine round up | 28 June 2024
Magazine round up | 28 June 2024
28th June 2024 By: Creamer Media Reporter

A video round up of this week’s magazine, highlighting our cover story, features and Business Leader. 

De Beers Group is calling on young aspiring jewellery designers from their producer countries to enter the 2024 Shining Light Awards
Awards focus on development of designers
28th June 2024 By: Simone Liedtke

By focusing on sustainability, innovation and comprehensive industry exposure, diamond miner De Beers’ Shining Light Awards is evolving to meet the changing needs of the jewellery industry to... 

The above image depicts a Discovery branch
Partnership collaborates on sustainable, smart infrastructure
28th June 2024

Since the announcement of their partnership in 2022, consulting engineering and infrastructure and advisory firm Zutari and AltX-listed 4Sight have refined a unique service offering by working on... 

An image of blue PVC pipes
Growth on horizon for pipe manufacturers
28th June 2024 By: Trent Roebeck

Despite post-election economy concerns and the lack of funding plaguing the plastic pipe industry, South African Plastic Pipe Manufacturing Association (SAPPMA) CEO Jan Venter believes that the... 

Hydrogen purification system in development
28th June 2024

Ceramic technologies company NGK Insulators and industrial business multinational Mitsubishi Heavy Industries (MHI) will jointly develop a hydrogen purification system that uses membrane separation... 

An illustration of the Cleanergy Pilot Plant near Walvis Bay, Namibia
Government interventions key for hydrogen development
28th June 2024

Green hydrogen is hailed as critical for a low-carbon energy future, with Africa well-positioned to be a key player in this sector. However, realising the continent’s potential requires African... 

Africa’s abundance
28th June 2024 By: Tara O’Connor

If you haven’t got an Africa strategy, you haven’t got a strategy. That was the message I sought to convey to the exuberantly bright minds of the University of Strathclyde Business School... 

MTN Business to digitise 257 municipalities
28th June 2024 By: Natasha Odendaal

Telecommunications firm MTN Business has secured a three-year contract to implement smart electricity and water technology across South Africa’s 257 municipalities. The RT29 transversal contract,... 

Cape Town calls for private-sector intervention as port ranks worst in the world
28th June 2024 By: Irma Venter

According to the newly published World Bank Container Port Performance Index, compiled from 2023 data, the Port of Cape Town is the worst performing port in the world. It is joined in the bottom 16... 

Mercedes-Benz SA considers cutting 700 jobs on back of struggling economy, ports
28th June 2024 By: Irma Venter

Mercedes-Benz South Africa (MBSA) says it will move from three shifts a day at its East London plant to two shifts, in a move that could potentially cut 700 jobs. MBSA produces the C-Class for the... 

Photo of Terence Creamer
Lack of transparency
28th June 2024 By: Terence Creamer

The tapering of loadshedding has arguably provided the Eskom board and executive team with some much-needed time and space to consider the future of the business without the daily distraction of... 

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M and J Mining
M and J Mining

M and J Mining are leading suppliers of physical support systems as used by the underground mining industry. Our selection of products are not...

Condra Cranes
Condra Cranes

ISO-certified Condra manufactures overhead cranes, portal cranes, cantilever cranes and crane components: hoists, drives, end-carriages, brakes and...

Goodwin Submersible Pumps Africa (Pty) Ltd
Goodwin Submersible Pumps Africa (Pty) Ltd

Goodwin Submersible Pumps Africa is sole distributors for Goodwin electrically driven, submersible, abrasion resistance slurry pumps.

John Thompson
John Thompson

John Thompson, the leader in energy and environmental solutions through value engineering and innovation, provides the following: design, engineer,...


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