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Thungela Resources active in Mpumalanga.
Thungela poised to spend R3.9bn capital in South Africa
18th June 2024 By: Martin Creamer

Johannesburg Stock Exchange-listed Thungela Resources is poised to spend R3.9-billion worth of capital in South Africa going forward. An estimated R1.3-billion of this capital expenditure (capex)... 


Top Babcock artisans rewarded with a trip to Sweden
Top Babcock artisans rewarded with a trip to Sweden
18th 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.... 


Parliament must play central role in GNU – business
Parliament must play central role in GNU – business
18th June 2024 By: Thabi Shomolekae

Business Leadership South Africa (BLSA) noted on Tuesday that in addition to ensuring accountability and being effective in the law-making process, Parliament must be careful not to frustrate... 


AVEVA drives sustainable transformation in Africa’s industrial sector
AVEVA drives sustainable transformation in Africa’s industrial sector
18th June 2024

Sustainability is good for the planet and good for business. Committed to sustainability, the world’s leading industrial software provider, AVEVA, provides this sector in Africa with software... 


Transforming industry into data-centric organisations
Transforming industry into data-centric organisations
18th June 2024

Industrial groups must evolve into data-centric organisations to establish a digital, interoperable, and resilient industrial value chain, as advocated by Tim Sowell, Chief Strategy and Innovation... 


AltGen’s Fireside Chats: Realistic Timelines for Green Hydrogen Projects in Africa
AltGen’s Fireside Chats: Realistic Timelines for Green Hydrogen Projects in Africa
18th June 2024

There’s so much to talk about...when it comes to green hydrogen that we have decided to host a series of Fireside chats. For this first session, we will be discussing some of the challenges that... 


Chinese Premier Li Qiang's visit to Australia
China-Australia critical mineral tensions in spotlight as Li Qiang visits Perth
18th June 2024 By: Bloomberg

The gulf between Beijing and Canberra over Chinese investment in Australia’s critical minerals industry is expected to take center-stage on the final day of Premier Li Qiang’s visit, when he joins... 


Tesla shareholders vote no on deep sea mining moratorium
18th June 2024 By: Bloomberg

Tesla Inc. investors agreed to Elon Musk’s $56-billion pay package on Thursday, but declined to agree to a moratorium on sourcing electric vehicle battery metals from deep sea ecosystems. Activist... 


Eskom targets JETP funds and partnerships for 2 GW clean-energy pipeline
Eskom targets JETP funds and partnerships for 2 GW clean-energy pipeline
14th June 2024 By: Terence Creamer

Having recently confirmed a decoupling of its just energy transition strategy from the decommissioning of its coal-fired power stations, Eskom is aiming to finalise business cases for a pipeline of... 


Industry body calls for new govt to re-set the country’s maritime agenda
14th June 2024 By: Rebecca Campbell

South African non-profit advocacy company, the Maritime Business Chamber (MBC), has called on the incoming seventh administration of democratic South Africa to re-set the country’s maritime agenda.... 


Gemdax co-founder and partner Anish Aggarwal.
Probably more diamond industry uncertainty now than at any other point – Gemdax
14th June 2024 By: Martin Creamer

While the diamond sector probably has more uncertainty now than at any other point, participants also probably have a bigger opportunity than ever to shape what the future will look like. “One... 


HRMP Logistics CEO Musa Makunga
HRMP unveils R17.5m warehouse expansion at Dube TradePort
14th June 2024 By: Sabrina Jardim

Logistics company HRMP has inaugurated a R17.5-million warehouse expansion at Dube TradePort (DTP) TradeZone 2, in KwaZulu-Natal. For the past six years HRMP, which specialises in the transport of... 


Celebrating Youth Month: Engen’s Maphuthego Etu Maditsi says “Knowledge is Power”
Celebrating Youth Month: Engen’s Maphuthego Etu Maditsi says “Knowledge is Power”
14th June 2024

Polokwane’s Maphuthego Etu Maditsi believes education is the most powerful weapon you can use to change the world, which is why she will never stop learning and challenging herself. “I believe that... 


Cyril Ramaphosa
Unity government parties back rapid economic growth
14th June 2024 By: Bloomberg

South Africa’s African National Congress and the Democratic Alliance committed to “rapid, inclusive and sustainable” economic growth in an agreement on forming a so-called government of national... 


South Africa unity government to include ANC and pro-business DA
South Africa unity government to include ANC and pro-business DA
14th June 2024 By: Reuters

The African National Congress and its largest rival, the pro-business Democratic Alliance, have agreed to work together in a government of national unity, senior DA negotiator Helen Zille told... 


Neo Performance Materials launches strategic review
14th June 2024 By: Reuters

Canadian rare earths company Neo Performance Materials said on Friday it would be undertaking a comprehensive strategic review, which could include a sale, divestiture, merger or other business... 


Empowering prosperity - social labour planning for inclusive workforce development
Empowering prosperity - social labour planning for inclusive workforce development
14th June 2024

By Jacques Farmer, Managing Director at PRISMA Training For mining companies, Social Labour Planning (SLP) should be more than a tick-box exercise when applying for a mining licence. If approached... 


Image of the smart lane MyCiTi system in Cape Town
Cape Town introduces reversible MyCiTi bus lane to reduce congestion
14th June 2024 By: Irma Venter

The City of Cape Town’s Transport Network Technology branch is set to activate a reversible MyCiTi bus lane along the R27 between Loxton road and Broad road in Milnerton. This bus lane, for... 


ABinBev earns top honours for software implementation at XChange
ABinBev earns top honours for software implementation at XChange
14th June 2024

Celebrating[TK1]  30 years of community, creativity and connecting ABinBev walked away with the CEO Award for the effective use of AVEVA industrial software solutions at the 30th Xchange... 


An image showing a candi solar project in South Africa
candi solar secures $38m funding for clean energy expansion in South Africa, India
14th June 2024 By: Tasneem Bulbulia

Clean energy company candi solar has successfully closed its Series C funding round, securing $38-million in equity investment. The round was led by Norfund, Kyuden International, and STOA Infra... 


Image of Metso’s Lokotrack crusher
Diesel-electric range for crushing operations
14th June 2024

Two new products have been launched as part of a diesel-electric power series for the aggregates market. All the process functions of the Metso’s Lokotrack EC range are electric, with units... 


South Africa Parliament convenes as talks on who will govern go down to the wire
South Africa Parliament convenes as talks on who will govern go down to the wire
14th June 2024 By: Reuters

South Africa's newly elected parliament convenes on Friday to choose the country's next president with the public still in the dark about which parties will join the African National Congress (ANC)... 


Milkor highlights its partnership with German group regarding sea surveillance UAV
Milkor highlights its partnership with German group regarding sea surveillance UAV
14th June 2024 By: Rebecca Campbell

South African defence company Milkor on Thursday reaffirmed its partnership with German group Aerodata, to develop a maritime surveillance version of the Milkor 380 uncrewed aerial vehicle (UAV).... 


Magazine cover image
Magazine round up | 14 June 2024
14th June 2024 By: Creamer Media Reporter

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


An image of train lines at Belle Ombre
Companies to improve railway operationality
14th June 2024 By: Trent Roebeck

Construction Group Enza Construction and electrical engineering and infrastructure development company Tractionel Enterprise are assisting in the process of reviving South Africa’s rail and freight... 


An image of Impala Platinum's 16 Shaft at its Rustenburg operation
Miner champions local business, youth employment
14th June 2024 By: Nadine Ramdass

Amid a challenging economic landscape marked by scarce job opportunities, platinum group metals (PGM) mining company Impala Platinum Holdings Limited (Implats) remains committed to fostering local... 


An image of BMW Group executives, including BMW Group CEO Peter van Binsbergen, at the BMW Group Plant Rosslyn Training Academy onboarding event
Youth empowered through manufacturer’s YES commitment
14th June 2024 By: Nadine Ramdass

Automotive manufacturer BMW Group South Africa onboarded its 2024 cohort at BMW Group Plant Rosslyn Training Academy on May 7, marking its ongoing commitment to the Youth Employment Service (YES)... 


Zinhle Simamane, CFO: International Business at Traxtion
Zinhle Simamane
14th June 2024 By: Creamer Media Reporter

This week we profile Zinhle Simamane, CFO: International Business at Traxtion, a provider of freight and rail services across the African continent 


Drumming up protection
14th June 2024 By: Riaan de Lange

I do appreciate that the Government Gazette is not the favoured reading material for many, and its detractors might equate reading it to reading a telephone directory, which someone actually did.... 


Photo of Terence Creamer
Reality check
14th June 2024 By: Terence Creamer

Regardless of composition, there are certain realities that South Africa’s new government cannot avoid. The first is an unemployment rate so high that, unless it is reduced materially, there is no... 


GovChat founders’ new venture, Suppple, lists in Luxembourg in £200m IPO
14th June 2024 By: Irma Venter

IT and AI company Suppple Plc in May witnessed its £200-million initial public offering (IPO) on the Luxembourg Stock Exchange (LuxSE) in Europe. Suppple will be required to comply with LuxSE rules... 


Barloworld profit dips as local mining industry slows
14th June 2024 By: Irma Venter

Barloworld’s South African businesses continued to face a myriad of challenging trading conditions, says CEO Dominic Sewela. Announcing the group’s financial results for the six months ended March... 


Poor roads, bad weather and weak used-car market dent Zeda’s profit
14th June 2024 By: Irma Venter

Poor road conditions, hailstorms, a shortage of car parts and a deteriorating used-car market converged to dent Zeda’s operating profit for the six months ended March 31. The integrated mobility... 


Image of drill core from the Cascabel project
Cascabel copper/gold/silver project, Ecuador – update
14th June 2024 By: Sheila Barradas

SolGold has signed an exploitation contract for the project. 


Celebrating Youth Month: Engen’s Global Citizen Programme empowers future leaders through partnership with 4th AI Holdings
Celebrating Youth Month: Engen’s Global Citizen Programme empowers future leaders through partnership with 4th AI Holdings
13th June 2024

As Youth Month unfolds, Engen proudly celebrates its ongoing commitment to youth empowerment and community development through the Engen Global Citizen Development Programme (EGCDP). This programme... 


NextSource inks $91m mandate letter to fund Madagascar graphite expansion
NextSource inks $91m mandate letter to fund Madagascar graphite expansion
13th June 2024 By: Mariaan Webb

Battery metals supplier NextSource Materials on Thursday announced the signing of a mandate letter with the International Finance Corporation (IFC) to fund the expansion of the Molo graphite mine,... 


President Cyril Ramaphosa
Ramaphosa key to dealing with ‘off-the-charts’ South Africa risk
13th June 2024 By: Bloomberg

President Cyril Ramaphosa is key to handling political risk that’s “off the charts” in the nation after a vote last month failed to hand any party a majority, Standard Bank’s chairperson said. The... 


Image of Cape Town
Cape Town releases more land for affordable housing under new housing strategy
13th June 2024 By: Irma Venter

With national government slashing Cape Town’s housing grants by R107-million this financial year, the city has been forced to change its housing strategy, says Mayor Geordin Hill-Lewis. Cape Town... 


Nepoworx, Harambee unveil youth work readiness programme in solar installations
13th June 2024 By: Sabrina Jardim

Renewable energy skills development agency Nepoworx, in collaboration with Harambee Youth Employment Accelerator, has announced the launch of their first iteration of the Youth Work Readiness... 


Institute for Economics and Peace founder Steve Killelea
Rising number of minor conflicts increases likelihood of increased future major conflicts – think tank
13th June 2024 By: Thabi Shomolekae

International think tank Institute for Economics and Peace (IEP) founder Steve Killelea said on Thursday that because more countries are becoming involved in international conflicts beyond their... 


Image of the MBSA plant in East London
Mercedes-Benz SA considers cutting 700 jobs on back of struggling economy, ports
13th 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 assembles the C-Class for the... 


Hardin Ratshisusu appointed acting commissioner of the National Consumer Commission
13th June 2024 By: Tasneem Bulbulia

Trade, Industry and Competition Minister Ebrahim Patel has designated Hardin Ratshisusu as acting deputy commissioner and acting commissioner of the National Consumer Commission effective May 1. He... 


Pape Fund expands its investment in Entersekt
13th June 2024 By: Schalk Burger

Private equity fund Pape Fund 3 has expanded its investment in fraud prevention and payment security company Entersekt, buying out financial services firm Nedbank Private Equity’s equity stake.... 


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