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A solar panel being installed
Diversification of energy generation, consumption important for businesses, Discovery Green says
Updated 4 hours ago By: Schalk Burger

Businesses are increasingly prioritising the procurement of renewable energy, and especially solar energy, owing to loadshedding, electricity cost increases and risks associated with high carbon... 


NRW acquires HSE mining contract and assets for A$85m
Updated 4 hours ago By: Creamer Media Reporter

Perth-based civil and mining contractor NRW Holdings subsidiary Golding Contractors will acquire the mining services contract, associated fleet and transfer of employees from HSE Mining at coal... 


Manufacturing confidence at its highest in two years amid loadshedding relief
Updated 4 hours ago By: Schalk Burger

Confidence among local manufacturers has reached the best level in two years during the second quarter of the year, according to financial services firm Absa's Manufacturing Survey for the second... 


AmaranthCX director Paul Miller.
Reserve Bank concern about decline of public markets welcome development – Miller
Updated 5 hours ago By: Martin Creamer

The concern that South Africa’s Reserve Bank expressed last week on the state of this country’s public markets is seen as a welcome development by AmaranthCX director and public market promoter... 


An image showing an emerald from URA's Gravelotte mine
URA appoints Bonas Group as sales partner, qualifies as DelGatto client
Updated 7 hours ago By: Tasneem Bulbulia

London-listed URA Holdings has appointed Bonas Group as its sales partner and to market and sell rough emeralds recovered from the company’s Gravelotte emerald mine (GEM) in South Africa. This... 


PPC cement factory
PPC to report higher full-year earnings as Zimbabwe operations improve
12th June 2024 By: Darren Parker

JSE-listed cement company PPC has informed shareholders that it expects to report increases in its earnings per share (EPS) and headline earnings per share (HEPS) of at least 20% year-on-year for... 


 Schneider Electric takes a holistic approach to youth development
Schneider Electric takes a holistic approach to youth development
12th June 2024

Schneider Electric, the leader in the digital transformation of energy management and automation, is celebrating South Africa’s Youth Day on 16 June 2024 with several exciting and comprehensive... 


Telkom expects improved FY24 results
12th June 2024 By: Natasha Odendaal

JSE-listed Telkom on Wednesday said it expects a triple-digit increase in its basic earnings per share (BEPS) and headline earnings per share (HEPS) for the year ended March 31, 2024. This is... 


Rewardsco Chairman, Michael Steenfeldt-Kristensen and Managing Director Trevor Koen (L - R)
Prioritising Employee Wellness: Durban BPO Introduces In-House Dis-Chem Clinic
12th June 2024

Leading the way in corporate wellness, Durban-based BPO company, Rewardsco, has become the first corporate in KwaZulu-Natal and the second in South Africa, to offer an in-house Dis-Chem pharmacy... 


Freeport-McMoRan is looking for ways to expand copper production, CEO says
Freeport-McMoRan is looking for ways to expand copper production, CEO says
12th June 2024 By: Bloomberg

US copper giant Freeport-McMoRan believes it can unlock the equivalent of a large new mine by applying new processing technology at its existing assets, according to new CEO Kathleen Quirk. Quirk,... 


Eskom's Hex grid-battery installation
South Africa urged to integrate successful global grid-battery strategies to support roll-out
12th June 2024 By: Terence Creamer

South Africa should consider ways to replicate strategies employed in regions such as South Australia and California to facilitate an accelerated uptake of grid batteries, which a new International... 


Greeff resigns as EOH CFO
11th June 2024 By: Schalk Burger

JSE-listed information and communications technology services company EOH Group's CFO Marialet Greeff has resigned and will step down from her position with effect from September 30 to pursue other... 


Africa map
Global growth will not exceed pre-pandemic levels until 2026 at least – World Bank
11th June 2024 By: Marleny Arnoldi

The World Bank expects the global economy to stabilise for the first time in three years, but at a level that is still weak by historical standards. In its latest ‘Global Economic Prospects’... 


IT-OT convergence set to advance African industry
IT-OT convergence set to advance African industry
11th June 2024

The Xchange Conference, hosted by IS³, a business unit of Digital Industries, in the Drakensberg, KwaZulu-Natal, is spotlighting the significant trend of IT and Operational Technology (OT)... 


Copper 360 CEO Jan Nelson.
South Africa’s quickly advancing Copper 360 is guiding sharp 2025 revenue rise
11th June 2024 By: Martin Creamer

The revenue of South Africa’s quickly advancing Northern Cape copper mining company Copper 360, the only pure copper play on the Johannesburg Stock Exchange, is forecast by the company to have... 


Premier factory
Food manufacturer Premier reports higher operating profit, cash generation
11th June 2024 By: Marleny Arnoldi

JSE-listed fast-moving consumer goods manufacturer Premier Group has reported a robust set of results for the year ended March 31, with an 18.6% year-on-year increase in earnings before interest,... 


Accreditation Day underlines importance of the SANAS
11th June 2024 By: Tasneem Bulbulia

In the current environment of fast-paced technological advancement, accreditation can enable organisations to embrace new technologies and drive innovation, as it provides a framework of trust and... 


A coal-fired power station
Civil society coalition emphasises need for accountability, transparency, equity to achieve a ‘fair’ just transition
10th June 2024 By: Schalk Burger

A coalition of civil society organisations from Indonesia, Senegal, South Africa and Vietnam on June 10 launched their ‘Principles for a Fair Just Energy Transition Partnership (JETP)’, which... 


Efficient Group chief economist Dawie Roodt
South African economy needs less State interference, more privatisation – Roodt
10th June 2024 By: Sabrina Jardim

South Africa's political and economic realities were not aligned, Efficient Group chief economist Dawie Roodt told delegates during a Johannesburg Chamber of Commerce and Industry presentation on... 


Image of Tshwane city manager Johann Mettler and DWS DDG for water and sanitation Services Dr Risimati Mathye
City of Tshwane, DWS sign an MoU to address water constraints
10th June 2024 By: Natasha Odendaal

The City of Tshwane (CoT) and the Department of Water and Sanitation (DWS) have formalised a strategic partnership through a memorandum of understanding (MoU) to tackle the city’s water challenges.... 


A photo of the IDC's head office
Nedbank CIB concludes R1bn funding facility for the IDC
10th June 2024 By: Creamer Media Reporter

Nedbank Corporate and Investment Banking (CIB) has concluded a R1-billion term funding facility for the State-owned Industrial Development Corporation (IDC) of South Africa. The funding will... 


Tom Albanese has been appointed chairperson
Nevada Copper files for bankruptcy, CEO steps down
10th June 2024 By: Mariaan Webb

US copper miner Nevada Copper on Monday announced that it had filed for bankruptcy protection under Chapter 11 of the US Bankruptcy Code. The company, which owns the Pumpkin Hollow mine, will not... 


Omnia CEO Seelan Gobalsamy
Agriculture, mining remain growth areas for Omnia, despite difficult operating environment
10th June 2024 By: Marleny Arnoldi

JSE-listed chemicals group Omnia has reported a 10% decrease in operating profit to R1.7-billion for the financial year ended March 31, saying this reflected volatile market conditions and global... 


President Cyril Ramaphosa
Reform momentum must be sustained ‘regardless of the form or composition’ of new government
10th June 2024 By: Terence Creamer

President Cyril Ramaphosa has underlined the importance of the new government – which is yet to be formed after no single party secured an outright majority in the recent elections – continuing... 


Moving from sustainability compliance to impact
Moving from sustainability compliance to impact
10th June 2024

ESG Africa Conference and the National Business Initiative (NBI) partnered to hold the inaugural Chief Sustainability Forum in late April 2024 hosted by Alexforbes.  “The forum is aimed at helping... 


Insurance earnings to face pressure if extreme weather trends persist – S&P
7th June 2024 By: Schalk Burger

Credit ratings agency S&P Global Ratings said it expects downward pressure on earnings for the insurance industry in South Africa if extreme weather trends persist. The capital and liquidity... 


An image showing Kropz's Elandsfontein mine
ARC portfolio companies demonstrate resilience in challenging conditions
7th June 2024 By: Tasneem Bulbulia

JSE-listed African Rainbow Capital (ARC) Investments says that, despite an unfavourable macroeconomic environment for the quarter ended March 31, several portfolio companies have demonstrated... 


South Australia budget lacks adequate support for mining - Amec
7th June 2024 By: Creamer Media Reporter

The South Australian government has unveiled a surplus budget, buoyed by stronger-than-expected goods and services (GST) and state tax revenues, as well as A$420-million in royalties from the... 


Major world economies seek to halt new private sector coal financing
Major world economies seek to halt new private sector coal financing
7th June 2024 By: Reuters

Some of the world's major economies want to finalise a plan ahead of this year's UN climate summit to halt new private sector funding for coal projects, five sources with direct knowledge of the... 


Codelco targeting 2030 production for Maricunga lithium site, document shows
Codelco targeting 2030 production for Maricunga lithium site, document shows
7th June 2024 By: Reuters

Rothschild & Co has formally started to assess candidates to partner with Chile's state-run miner Codelco on a major new lithium project slated to begin production in 2030, according to documents... 


An image of Sibanye CEO Neal Froneman
Sibanye-Stillwater changes covenant flexibility of its credit facilities
7th June 2024 By: Tasneem Bulbulia

JSE- and NYSE-listed Sibanye-Stillwater has announced that the lenders of its revolving credit facilities (RCFs), which include a $1-billion and a R5.5-billion RCF, as well as its Silicosis... 


Nevada Copper urgently seeks funding
Nevada Copper urgently seeks funding
7th June 2024 By: Mariaan Webb

Vancouver-based Nevada Copper said on Thursday that it urgently needed funding to maintain operations and complete the commissioning and ramp-up of its Pumpkin Hollow underground mine in Yerington,... 


Could South African technology firms help propel the use of artificial intelligence within Sub-Saharan Africa’s agriculture sector?
7th June 2024

Artificial Intelligence (AI) transcends mere industry jargon, as evidenced by its exponential global adoption. In 2022, the global adoption of AI was 2.5 times greater than in 2017. This surge in... 


Codelco chairperson Maximo Pacheco
Codelco chairman says SQM lithium deal on track, despite Tianqi dispute
7th June 2024 By: Reuters

A plan to kick off a partnership between Chilean state miner Codelco and the world's No. 2 lithium producer SQM is on track for next year despite a potential challenge from a major SQM... 


The above image depicts WCA director Emir Adiguzel
Challenges, opportunities abound for industry
7th June 2024

In an address at the World Cement Association (WCA) yearly conference, WCA director Emir Adiguzel outlined the significant challenges and transformative opportunities facing the global cement... 


An image of Steve Mallaby
Company uses card mechanism to incentivise safety
7th June 2024 By: Lumkile Nkomfe

To address a multitude of workforce challenges, financial services company adumo Payouts advocates for the adoption by employers of behaviour-enhancing incentivisation for employees, and increased... 


An image of a bridge being built over a canyon
Cost-effective corrosion technology excels in harsh climates
7th June 2024 By: Nadine Ramdass

Corrosion control specialist Cortec’s migrating corrosion inhibitors (MCIs) technology offers a cost-effective solution to extend structural service life in high-temperature areas, such as those in... 


Image of lithium ore
Pioneer Dome lithium project, Australia
7th June 2024 By: Sheila Barradas

An updated scoping study has shown that the project will generate strong financial returns. 


Aerial view of the Kal East project
Kal East gold project, Australia – update
7th June 2024 By: Sheila Barradas

Immediate funding required to start major refurbishment works and mining activities at Black Cat Syndicate Paulsens' gold mine had been secured.  


Aerial view of the Hermosa project
Hermosa zinc/lead/silver project, US – update
7th June 2024 By: Sheila Barradas

South32 has awarded an engineering and procurement services contract to an Australian company. 


Image of hydrogen molecules
Ugitech plant green hydrogen project, Switzerland
7th June 2024 By: Sheila Barradas

Swiss Steel has decided to use green hydrogen at its Ugitech plant to replace the natural gas used in some of its thermoprocessing equipment. 


Microsoft commits R1.3bn investment to support small businesses, black industrialists
7th June 2024 By: Natasha Odendaal

Technology company Microsoft and the Department of Trade, Industry and Competition (the dtic) have entered into an empowerment agreement to unlock programmes to support skills and capability... 


MTN Group calls for harmonised regulations in Africa to accelerate digital investment
7th June 2024 By: Natasha Odendaal

The acceleration of digital investment across Africa could be boosted by harmonising regulations, and MTN Group president and CEO Ralph Mupita is urging governments to consider this. Harmonised and... 


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