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The franchising sector is for all - a 2024 must attend event
The franchising sector is for all - a 2024 must attend event
25th April 2024

This July 20th to 21st, 2024, the Gallagher Convention Centre will host a pivotal gathering in the world of franchising – The International Franchise Expo (IFE). IFE 2024 offers a unique and... 


Workers unstalling solar panels
South Africa aims to set up three JET-aligned skills development zones
24th April 2024 By: Terence Creamer

Three Just Energy Transition (JET) skills development zones focusing on renewables and grids, electric vehicles and green hydrogen value chains are proposed for implementation under the larger JET... 


A Zimbabwe flag
Changing business opportunities, challenges in Zimbabwe highlighted
24th April 2024 By: Schalk Burger

Zimbabwe is undergoing change and aims to attract more companies to do business in the country, but risks and challenges remain for businesses aiming to capitalise on the opportunities in the... 


PepsiCo Bašumi Trust wins awards at employee share ownership conference
24th April 2024 By: Lisete Bigala

Beverage multinational PepsiCo South Africa's employee share ownership programme Bašumi Trust has received the best governance policies and the most innovative funding model awards at the... 


Sanral road (hopefield interchange)
Outa demands information on Sanral, Ceta tenders
24th April 2024 By: Darren Parker

Nonprofit watchdog the Organisation Undoing Tax Abuse (Outa) has accused the South African National Roads Agency Limited (Sanral) and the Construction Education and Training Authority (Ceta) of... 


The Port of Cape Town
TNPA issues RfP for Cape Town port liquid bulk terminal
24th April 2024 By: Schalk Burger

State-owned Transnet National Ports Authority (TNPA) has issued a request for proposals (RfP) for the appointment of a terminal operator to acquire, operate, maintain, refurbish or build and... 


China copper gauge at zero offers stark warning to metal bulls
24th April 2024 By: Bloomberg

A key measure of Chinese copper demand just sank to zero, another sign that global prices are not balanced with what buyers in the biggest market are prepared to pay. Premiums paid on imported... 


Blue Energy signs 20-year green power deal with wheel manufacturer
Blue Energy signs 20-year green power deal with wheel manufacturer
24th April 2024 By: Irma Venter

Local developer and operator of clean energy infrastructure, Blue Energy Africa, has signed a 20-year deal with Borbet South Africa (SA) for the procurement of power from renewable-energy sources.... 


Vitol CEO Russell Hardy
World’s biggest energy traders are returning to metals markets
24th April 2024 By: Bloomberg

Some of the world’s biggest energy trading companies are returning to metals, years after getting burnt in the notoriously difficult markets. Vitol Group, Gunvor Group and Mercuria Energy Group... 


Perseus expects strong operating performance to continue
24th April 2024 By: Sabrina Jardim

ASX- and TSX-listed Perseus Mining has reported gold sales of 115 648 oz in the March quarter – a 19 489 oz decrease on sales in the December 2023 quarter, owing to the timing of gold sales. The... 


West African on track to meet full-year guidance following solid first quarter
24th April 2024 By: Tasneem Bulbulia

Unhedged gold mining company West African Resources’ Sanbrado mine, in Burkina Faso, produced 56 595 oz of gold at an all-in sustaining cost (AISC) of $1 291/oz in the first quarter of this year.... 


The Tororo solar plant in Uganda
Red Rocket of South Africa hires Goldman to explore sale option
24th April 2024 By: Bloomberg

Red Rocket, a South African independent power provider, hired Goldman Sachs Group to advise on the next steps for the closely held business – including a possible sale. Shareholders of the Cape... 


rough diamonds being sorted using tweezers
Diamond council urges industry to transition to revised System Of Warranties urgently
24th April 2024 By: Darren Parker

The World Diamond Council’s (WDC’s) revised System of Warranties (SoW) is set to reach its first critical deadline on September 21, when it becomes obligatory for all rough diamond sales.   “We... 


Infrastructure Africa Business Forum explores the role of Special Economic Zones and Industrial Development Zones in driving continental growth
Infrastructure Africa Business Forum explores the role of Special Economic Zones and Industrial Development Zones in driving continental growth
24th April 2024

The Infrastructure Africa Business Forum is set to delve into a critical topic shaping the continent's economic landscape: the role of Special Economic Zones (SEZs) and Industrial Development Zones... 


Copper 360 CEO Jan Nelson.
Copper 360 ships concentrate, on course to pay first dividend next year
24th April 2024 By: Martin Creamer

South Africa's rapidly advancing copper producer Copper 360 has shipped copper concentrate from the Northern Cape province for the first time in 21 years, which saw its shares rise by more than 26%... 


Woodside investors vote down climate plan, rebuking Australia's top gas producer
Woodside investors vote down climate plan, rebuking Australia's top gas producer
24th April 2024 By: Reuters

Shareholders rejected Woodside Energy's climate plan on Wednesday, marking a symbolic victory for activists who have called for Australia's biggest gas producer to stop new fossil fuel projects,... 


Fortescue reports 6% dip in quarterly iron-ore shipments
Fortescue reports 6% dip in quarterly iron-ore shipments
24th April 2024 By: Mariaan Webb

Australian green energy and iron-ore giant Fortescue has revealed a 6% decline in third-quarter iron-ore shipments, attributed to the repercussions of an ore car derailment on December 30, coupled... 


TotalEnergies committed to the energy transition, assures company executive
23rd April 2024 By: Rebecca Campbell

French multinational energy group TotalEnergies was committed to the energy transition and has a strategy for this, highlighted the group’s MD and CEO marketing and services and country chair and... 


Unctad calls for innovative investment strategies as global crises fracture foreign investment
23rd April 2024 By: Sabrina Jardim

Amid the complex landscape of global foreign direct investment (FDI), the United Nations Conference on Trade and Development (Unctad) has called for innovative investment strategies to foster... 


Bushveld warns it may have to halt some operations amid funding constraints
23rd April 2024 By: Marleny Arnoldi

Aim-listed Bushveld Minerals recorded record quarterly production of 498 t of vanadium from the Vanchem operation, in Mpumalanga, South Africa, for the three months ended March 31, as well as... 


ABB secures a foothold in the Zambian sugar industry
ABB secures a foothold in the Zambian sugar industry
23rd April 2024

ABB (ABBN: SIX Swiss Ex), a global technology leader in electrical products and solutions, has secured a foothold in the potentially lucrative Zambian sugar industry by supplying its UniGear ZS1... 


Sasol petrol station
Macroeconomic factors dampen Sasol’s year-to-date performance
23rd April 2024 By: Marleny Arnoldi

NYSE- and JSE-listed petrochemicals company Sasol says its energy business benefitted from higher basic fuel prices, as well as improved refining margins towards the end of the nine months ended... 


Kumba CEO Mpumi Zikalala
Kumba’s first-quarter sales fall 10% on port challenges
23rd April 2024 By: Sabrina Jardim

Anglo American subsidiary Kumba Iron Ore has reported a 10% year-on-year decrease in sales to 8.5-million tonnes for the quarter ended March 31, on the back of port performance challenges. About... 


Anglo CE Duncan Wanblad.
Anglo pleased with copper's first-quarter performance
23rd April 2024 By: Martin Creamer

Copper production increasing by 11% as Quellaveco achieved its highest plant throughput rate in Peru, and Collahuasi and El Soldado in Chile benefitting from higher copper grades were among the... 


Amplats CEO Craig Miller
Amplats posts lower first-quarter output
23rd April 2024 By: Marleny Arnoldi

Platinum group metals (PGM) miner Anglo American Platinum (Amplats) has reported a decrease in 5E metal-in-concentrate production of 7% to 834 100 oz for the quarter ended March 31, compared with... 


Anglo American CE Duncan Wanblad.
Anglo helping to restore Amazon-like rainforest near Brazil iron-ore mine
23rd April 2024 By: Martin Creamer

Diversified mining company Anglo American is taking steps to help to restore an Amazon rainforest equivalent of which less than 10% remains intact. The Mata Atlántica carbon forest is located near... 


UK innovation agency highlights quality of the emerging African space sector
22nd April 2024 By: Rebecca Campbell

Innovate UK, Britain’s national innovation agency, has, in a new report, highlighted that Africa is becoming a hub for globally competitive space technology, development and research. In... 


The new electric mine truck
Boliden, Epiroc and ABB deploy first battery-electric truck trolley system for underground mining
22nd April 2024 By: Sabrina Jardim

Swedish metals maker Boliden, technology company ABB and original-equipment manufacturer Epiroc have successfully deployed the first fully battery-electric truck trolley system on an 800-m-long... 


An image of Michelin sub-Saharan Africa MD Amaury Vadon
Amaury Vadon appointed MD of Michelin sub-Saharan
22nd April 2024 By: Tasneem Bulbulia

Mobility company Michelin in South Africa has appointed Amaury Vadon as its new sub-Saharan Africa MD, effective April 1. Originally from France, Vadon brings considerable experience and a proven... 


M&R’s TNT awarded EPC contract in South America
22nd April 2024 By: Tasneem Bulbulia

JSE-listed Murray & Roberts (M&R) has announced that Terra Nova Technologies (TNT), in joint venture with Ingeniería y Construcción Sigdo Koppers, has been awarded an engineering, procurement and... 


Fluor’s Newly Appointed General Manager, Etienne Bredell, Aims for Strategic Growth in South Africa
Fluor’s Newly Appointed General Manager, Etienne Bredell, Aims for Strategic Growth in South Africa
22nd April 2024

Etienne Bredell, recently appointed General Manager of Fluor’s South Africa office, brings more than 30 years of industry knowledge to his role. Having joined Fluor in 2008, Bredell is experienced... 


Electricity Minister Kgosientsho Ramokgopa
Ramokgopa describes IPP surpluses as low-hanging fruit amid delay in finding contractual solution
22nd April 2024 By: Terence Creamer

Electricity Minister Kgosientsho Ramokgopa describes surplus electricity arising from existing renewable energy facilities as “low hanging fruit” in improving the supply-demand balance and reports... 


Orion Minerals CEO Errol Smart.
Rich copper intercept in N Cape sends Orion’s shares soaring on Australian exchange
22nd April 2024 By: Martin Creamer

The richness of South Africa’s copper assets were emphasised on Monday when Northern Cape mine developer and explorer Orion Minerals published a standout intercept that sent its shares rocketing up... 


An Embraer E195-E2
Embraer reports strong increase in airliner order backlog
22nd April 2024 By: Rebecca Campbell

Brazil-based global major aerospace group Embraer – the world’s number three maker of jet airliners – has released its deliveries and order backlog report for the first quarter of this year (1Q24).... 


Zambian claimants get permission to appeal class action lawsuit against Anglo American
22nd April 2024 By: Tasneem Bulbulia

The Johannesburg High Court on April 19 granted permission to appeal an earlier ruling denying class action certification for 140 000 women and children in Kabwe, Zambia, who allege they have... 


An image of CEO Busiswe Mavuso
South Africa must commit to, accelerate reforms to achieve growth – BLSA
22nd April 2024 By: Tasneem Bulbulia

Last week’s ‘World Economic Outlook’ (WEO) published by the International Monetary Fund (IMF) was a reminder of how far South Africa is from the kind of economic performance it should achieving as... 


Exploration drilling at the Toliara project
Base Resources, Energy Fuels to merge, create enhanced critical minerals company
22nd April 2024 By: Tasneem Bulbulia

ASX- and Aim-listed Base Resources and US-based uranium and critical minerals producer Energy Fuels have reached a binding agreement for Energy Fuels to acquire 100% of the issued shares in Base... 


Francois Hardy
Newmont promotes Hardy to chief technology officer
22nd April 2024 By: Creamer Media Reporter

US-headquartered gold major Newmont on Friday announced the appointment of Francois Hardy as new chief technology officer (CTO). With more than three decades of technical and operational expertise... 


LPG gas bottles
Project envisions rollout of smart LPG, solar systems, hydrogen stoves to 3.51m indigent households
22nd April 2024 By: Darren Parker

Energy solutions company Kili Energy is spearheading a large-scale initiative, the Kili Energy Clean Energy Democratisation Project, to provide smart liquefied petroleum gas (LPG) canisters and... 


Vladimir Potanin
Nornickel set to build copper plant in China after shutting Russian factory
22nd April 2024 By: Reuters

Metals giant Nornickel will close its copper plant that seeks to cut sulphur dioxide emissions in the Russian Arctic and build a new one in China, CEO Vladimir Potanin said, after Western... 


Elections highlighted as a concern for SME owners, but also promise change
19th April 2024 By: Schalk Burger

Almost half, or 49%, of small and medium-sized enterprise (SME) business owners who responded to the Fourth Quarter 2023 SME Confidence Index by specialist SME financier Business Partners said they... 


Image of interior of hotel business centre
New hotel experience in Cape Town
19th April 2024

Situated in the city centre, Pullman Cape Town aims to offer convenience and luxury for business and leisure travellers alike. The establishment is said to embody a fusion of natural beauty,... 


Minerals Council South Africa chief economist Hugo Pienaar
Chief economist unpacks mining’s deeply-rooted contribution to economy despite challenges
19th April 2024 By: Marleny Arnoldi

The mining industry makes a significant difference in the lives and livelihoods of employees and society in South Africa through economic and socioeconomic contributions, but more can be done on... 


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