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Giyani appoints president, COO

By: Tasneem Bulbulia     23rd November 2020 Canada-based Giyani Metals, which is developing a manganese project in Botswana, has appointed Derk Hartman as president and COO with effect from March 1, 2021. The company also announced on Monday that Wajd Boubou had resigned as president to pursue other business opportunities. 

CEF, SFF welcome High Court decision on sale of strategic crude oil reserves

20th November 2020 The Central Energy Fund (CEF) and its subsidiary, the Strategic Fuel Fund (SFF), have welcomed the Western Cape High Court's judgment in reversing the 2015 sale of South Africa's strategic crude oil reserves. The CEF stated that the "landmark victory" was the culmination of a series of court... 

Mining industry responds well to Covid-19, but legal risks remain

By: Schalk Burger     20th November 2020 The mining industry in South Africa responded well to the new directives to prevent the spread of Covid-19 and ensure employee health, a panel of lawyers from law firm Webber Wentzel said during the firm's annual Mining Roundup seminar on November 18. "The mining industry proved adaptable and... 

Emira continues investment in renewable energy

By: Donna Slater     20th November 2020 JSE-listed real estate investment trust (Reit) Emira Property Fund has been increasing its use of renewable energy since the 2015 installation of a 271 kW solar plant on the roof of its Epsom Downs Shopping Centre, in Bryanston. Since then the company has been continuing the rollout of solutions... 

Digitalisation key for quality supply chain performance  

By: Tasneem Bulbulia     20th November 2020 Some companies have been able to achieve supply chain excellence through the adoption of customer-centric and autonomous supply chains using smart technologies and solutions, PwC South Africa digital operations lead Pieter Theron noted during the Manufacturing Enterprise Solutions Association’s... 

Car-buying patterns shifting on the back of Covid-19, says AutoTrader 

By: Irma Venter     20th November 2020 The South African automotive landscape – especially when it comes to consumer buying behaviour – has changed more in the last year than in the last few decades, says AutoTrader CEO George Mienie. Accordingly, the industry has had to adapt like never before in order to survive and prosper during... 

Hochschild says dividend confirms confidence in outlook

By: Mariaan Webb     20th November 2020 The board of silver and gold miner, Hochschild Mining, has approved the payment of the previously suspended interim dividend, announcing on Friday that shareholders would receive a $4-a-share dividend. The company, headquartered in Peru, and listed in London, previously postponed the 2020... 

Tiger Brands maintains healthy dividend standard of 670c in FY20

By: Marleny Arnoldi     20th November 2020 JSE-listed consumer brands company Tiger Brands has declared a total dividend of 670c apiece for the financial year ended September 30, despite ongoing difficulties in maintaining margins in a tough trading environment compounded by Covid-19. The company reported an 18% year-on-year decline in... 

SAA rescue plan meant to address past sins, not lay out the airline's future - BRP 

By: News24Wire      19th November 2020 The business rescue plan for South African Airways (SAA) is not intended to formulate a strategy for the future of the airline, according to Siviwe Dongwana, one of the state-owned flag carrier's joint rescue practitioners. Formulating a strategy for a "new SAA" would be the prerogative of a new... 

Saldanha Bay IDZ Licencing Company notes progress, sets new goals

By: Tasneem Bulbulia     18th November 2020 Saldanha Bay IDZ Licencing Company, established in 2013, continues to record successes. In a statement, CEO Kaashifah Beukes says the journey to create a hub of opportunity, job creation and sustainable growth using the special economic zone legislation as a catalyst had entered a new phase. 

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