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Petco rolls out track and trace platform for recyclers, waste pickers

By: Marleny Arnoldi     15th October 2021 The South African Polyethylene Terephthalate Recycling Company (Petco) is driving the rollout of technology called BanQu to recycling buyback centres, in an effort to revolutionise how recyclable materials are traded, tracked and traced. The digital platform will help buyback centres accurately... 

DFFE announces R29m waste management intervention for Mangaung

By: Schalk Burger     15th October 2021 The Department of Forestry, Fisheries and the Environment (DFFE) on October 15 announced a R29-million waste management intervention for the Mangaung metro municipality, in the Free State.  Forestry, Fisheries and the Environment deputy Minister Makhotso Sotyu attributed the waste management... 

Glencore Coal launches supplier development platform to empower local communities

By: Donna Slater     15th October 2021 Glencore Coal has launched its Enterprise Supplier Development (ESD) portal as a key tool to support small, medium-sized and microenterprises (SMMEs) in the communities in which it operates in an effort to alleviate some of the socioeconomic challenges faced by the communities. The Glencore ESD... 

Eskom seeks urgent court order to have 2022/23 tariff application adjudicated by Nersa 

By: Terence Creamer     15th October 2021 State-owned electricity utility Eskom has approached the Gauteng High Court to have the regulator’s recent decision to reject its revenue application for the period 2022/23 to 2024/25 set aside for being “patently irrational and unlawful”. Eskom approached the court this week for a review of the... 

Hochschild exercises option to earn into Canadian gold project

By: Creamer Media Reporter      15th October 2021 London-listed Hochschild Mining has excised its option to start earning in to a 60% interest in the Snip gold project, in the Golden Triangle of British Columbia, Canada. Held by Skeena Resources, Snip consists of one mining lease and eight mineral claims totalling 4 546 ha in the Tahltan... 

IHS Holding's planned IPO should support growth and diversification strategy, S&P says

By: Creamer Media Reporter      15th October 2021 Ratings agency S&P Global Ratings said that mobile tower company IHS Holdings' plans to complete an IPO on the New York Stock Exchange will boost the company's growth and diversification strategy. IHS intends issuing 22.5-million shares, including 80% in primary shares and 20% in secondary shares... 

ESG, incorporating green energy to increasingly drive business development

By: Donna Slater     15th October 2021 In terms of incorporating environment, social and governance (ESG) conscientiousness into business development models, South Africa, and the financial services sector in particular, has historically, and in recent times, been acknowledged as a global leader, law firm Pinsent Masons transactional... 

Company increases local exploration activity

By: Theresa Bhowan-Rajah     15th October 2021 Mining investment company Menar, through its subsidiaries, has committed to ensuring its continued growth through several investment and development projects. “Exploration allows for the development of new projects and the establishment of new mines. Menar has R7-billion worth of new investment... 

Covid-19, reduced funding hamper efforts to eradicate TB by 2030

By: Natasha Odendaal     15th October 2021 The global Covid-19 pandemic and low levels of funding are hampering efforts to eradicate tuberculosis (TB) by 2030. Currently, only $6.5-billion a year is available for the TB response globally, less than half of the commitments made at the 2018 United Nations High-Level Meeting (UNHLM) on TB,... 

US-based startup fintech sets up shop in South Africa

By: Natasha Odendaal     15th October 2021 Startup fintech Chipper Cash has launched its services in South Africa, offering free domestic peer-to-peer (P2P) money transfers as the company rapidly expands its network across Africa. Chipper’s mobile application enables free, unlimited and instant domestic money transfers, selected... 

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