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Busa deputy CEO to take top job in 2025
22nd March 2024 By: Sabrina Jardim

Business organisation Business Unity South Africa’s (Busa’s) board has appointed Khulekani Mathe to take over as CEO in January 2025 when Cas Coovadia retires. Mathe was appointed deputy CEO in... 


Mahindra post pic
Generator manufacturer opens new Brakpan premises
21st March 2024

Electric generator manufacturer Mahindra Powerol South Africa (SA) has recently opened its new premises in Brakpan, Gauteng. The new assembly plant has been established to cater to the growing... 


Rail
Transnet chief urges formal comment on Network Statement while acknowledging cool reception to tariff methodology
20th March 2024 By: Terence Creamer

Transnet CEO Michelle Phillips has acknowledged the initial negative reaction to a proposed tariff methodology published for comment by the interim Infrastructure Manager (IM) alongside the... 


Sovereign despatches 30 t of ore from Malawi project to South Africa for test work
20th March 2024 By: Tasneem Bulbulia

Aim- and ASX-listed Sovereign Metals’ spiral drilling programme has extracted, despatched and delivered 30 t of ore from the Kasiya rutile/graphite project in Malawi to Paterson & Cooke (P&C), in... 


Twelve trends shaping the future of transport and logistics in Africa
20th March 2024

A new survey by dmg events, in partnership with Moore Global, captures the pulse of business in Africa covering respondents from diverse industries on the critical trends shaping the continent's... 


Unitrans launches Centre of Excellence to enhance African supply chain solutions
20th March 2024

Operating cost efficiencies and safety – both driver and vehicle – are primary considerations for any logistics or freight company and Unitrans, a forward-thinking company dedicated to providing... 


DMRE confirms acceptance of Marula's Blesberg mining right application
20th March 2024 By: Tasneem Bulbulia

Mining and development company Marula Mining says the Department of Mineral Resources and Energy (DMRE) has confirmed acceptance of the company's mining right application for the Blesberg lithium... 


Leading supply chain conference will explore AI,S demand forecasting capabilities, smart cities and big data
Leading supply chain conference will explore AI,S demand forecasting capabilities, smart cities and big data
20th March 2024

The last ten years have seen phenomenal growth in tools like artificial intelligence (AI) and machine learning, which are being used successfully in a range of applications in the supply chain,... 


African Refiners and Distributors Association conference to focus on infrastructure finance
20th March 2024 By: Schalk Burger

Industry organisation the African Refiners and Distributors Association (ARDA) will host a conference in Cape Town from April 22 to 26 to engage on key industry issues and identify financing... 


Conveyor belt at Minergy mine in Botswana
Minergy’s first-half attributable loss widen, but turnaround plan in the works
19th March 2024 By: Marleny Arnoldi

After facing significant headwinds in the six months ended December 31, 2023, Botswana-based coal miner Minergy has reported an attributable loss of P72.4-million and a loss a share of 15.42 thebe.... 


An image showing a still of the Afrimat Construction Index for the fourth quarter of 2023
Afrimat Construction Index reflects 3% y/y growth in the fourth quarter
19th March 2024 By: Tasneem Bulbulia

The “lethargy” of the South African economy as a whole during the fourth quarter of 2023 was evident in the construction sector, with five of the ten constituent indicators of the Afrimat... 


IATA reports major progress in sustainable aviation fuels, globally
18th March 2024 By: Rebecca Campbell

In its latest 'Fly Net Zero Media Update' report, the global representative body for the airline industry, the International Air Transport Association (IATA), has highlighted developments around... 


IRP 2023 could reset South Africa’s social and economic woes if implemented correctly
IRP 2023 could reset South Africa’s social and economic woes if implemented correctly
18th March 2024

ACTOM recently held a webinar on the “Draft IRP2023 Impact on the Manufacturing Sector”, with the following panellists (Mervyn Naidoo, Group CEO ACTOM, Phillipa Rodseth – Executive Director,... 


Thirty-one countries to start trading under AfCFTA Agreement this year
18th March 2024 By: Sabrina Jardim

Amid the increasing importance of intra-African trade, 31 countries are expected to start trading under the African Continental FreeTrade Area (AfCFTA) Agreement by the end of the year, South... 


Merafe CEO Zanele Matlala.
Merafe declares cash dividend on record profit, elevated chrome
18th March 2024 By: Martin Creamer

Ferrochrome and chrome company Merafe achieved a record profit of R1 753-million despite what it describes as a challenging economic environment in the 12 months to December 31. The board of... 


MC Mining MD and CEO Godfrey Gomwe
MC Mining achieves interim revenue growth despite challenging coal market
15th March 2024 By: Tasneem Bulbulia

Coal miner MC Mining’s strong revenue growth through the six months ended December 31, 2023 were “very pleasing” considering the challenging coal market, MD and CEO Godfrey Gomwe avers. During the... 


Magazine cover image
Economic and geopolitical uncertainty supporting strong gold demand and prices
15th March 2024 By: Sabrina Jardim

Amid economic uncertainties and rising inflation, total gold demand, including over-the-counter (OTC) demand, reached a new record of 4 899 t in 2023, thereby supporting the highest yearly average... 


An image of the Degerminator MHXM from Bühler
Solutions provider helps improve production efficiency, enhance sustainability
15th March 2024 By: Trent Roebeck

Process solutions provider, Bühler Johannesburg, offers Southern African and global food industry players equipment solutions and services to improve food production efficiency, meet consumers’... 


IATA launches its Digital Leadership Charter for air cargo
14th March 2024 By: Rebecca Campbell

The International Air Transport Association (IATA), the global representative body for the airline industry, on Thursday launched its IATA Digital Leadership Charter. The launch took place at the... 


Containers on a ship at sea
Inept African ports miss chance as Red Sea attacks reroute ships
14th March 2024 By: Bloomberg

Africa’s inefficient and aging ports are hampering the continent’s chances of capitalizing on a surge in ship traffic that’s avoiding attacks by Houthi rebels through the Red Sea, logistics experts... 


International partnership seeks to develop platform to calculate air cargo carbon emissions
13th March 2024 By: Rebecca Campbell

The global representative body for the airline industry, the International Air Transport Association (IATA), and global non-profit freight sector climate action organisation the Smart Freight... 


In 2023, CEVA Logistics won the award for the “Most Innovative Supply Chain Project”. Pictured are (from left): Nicola Stewart, Cynthia Nkosi, Glynis Jordan, Terrence Martin and Nicholas Somerai from CEVA Logistics, with Africa Supply Chain Excellence Awards director Liesl de Wet
Supply chain professionals wishing to have their achievements recognised and help to raise the standards of supply chain management across Africa have just two weeks left to enter this year’s prestigious Africa Supply Chain Excellence Awards
13th March 2024

With entries closing on 27 March 2024, the organisers of this annual showcase are urging African supply chain professionals to get their submissions in soon and help to shape the future of supply... 


A locomotive and wagons owned by Transnet Freight Rail
Africa’s biggest freight rail market set for private operators
13th March 2024 By: Bloomberg

Africa’s biggest freight rail market is on the cusp of being transformed by private operators, the head of the operator of the continent’s largest rolling-stock fleet said. The South African... 


Telkom to support SMMEs at GEC+Africa congress
12th March 2024 By: Natasha Odendaal

South Africa’s start-up ecosystem is a thriving hub of innovative and talented entrepreneurs with a desire to scale, and in support of this, telecommunications group Telkom is providing five small,... 


Africa statue
Attacq posts growth in interim distributable income
12th March 2024 By: Marleny Arnoldi

JSE- and A2X-listed real estate investment trust (Reit) Attacq has posted a higher distributable income per share (DIPS) of 36.9c for the six months ended December 31, 2023, compared with the DIPS... 


Broad-based weakness evident in the logistics sector – Ctrack index
Broad-based weakness evident in the logistics sector – Ctrack index
12th March 2024 By: Irma Venter

After increasing somewhat in December, the Ctrack Transport and Freight Index (TFI) declined notably in January to a level of 119.3 – a drop of 2.1% compared with December’s 121.9. The extent of... 


An image of Fortress's Clairwood Logistics Park
Fortress achieves strong interim performance, simplifies capital structure
11th March 2024 By: Tasneem Bulbulia

Real estate company Fortress Real Estate Investments says it successfully simplified its capital structure through the implementation of a single class of share, as well as achieved other... 


Locomotives used by Transnet Freight Rail
GDP figures cap decade of negative GDP per capita growth – BLSA
11th March 2024 By: Schalk Burger

While the gross domestic product (GDP) growth for the fourth quarter of 2023 was 0.1%, growth was negative in terms of GDP per capita, given that population growth is outpacing it. "We have been... 


Lotte Aluminium Materials USA and SMS group agree on a strategic partnership for a logistics and digitalization package for the new greenfield aluminum cathode foil plant in Kentucky
11th March 2024

SMS group's digital package to be seamlessly integrated onto third-party systems Fully automatized order execution, tracking, handling and quality evaluation on pass level Fully configurable... 


Concorde Cells
Metso launches Concorde Cell flotation technology in Africa
8th March 2024 By: Darren Parker

Process and optimisation technology company Metso has launched the first of its Concorde Cell high-intensity pneumatic flotation units in Africa through local manufacturing partner Betterect, which... 


African Rainbow Minerals Executive Chairperson Dr Patrice Motsepe.
We are committed to confronting climate change – ARM
8th March 2024 By: Martin Creamer

African Rainbow Minerals (ARM) executive chairperson Dr Patrice Motsepe said during Friday’s presentation of dividend-yielding results that his diversified mining company is committed to... 


Business Unity South Africa president Mxolisi Mgojo
Mgojo says collaborative efforts will enable Transnet to report higher volumes than initially forecast
8th March 2024 By: Terence Creamer

Business Unity South Africa president Mxolisi Mgojo reports that the collaboration between business and government to turn around the performance of Transnet could result in the struggling... 


Public Enterprises Minister Pravin Gordhan
Gordhan to retire after elections
8th March 2024 By: Reuters

Minister of Public Enterprises, Pravin Gordhan, will retire after this year's general elections on May 29, he told Reuters on Friday. Gordhan oversees State entities including struggling power... 


Photo of Terence Creamer
Business, govt meet to discuss electricity, logistics reforms
8th March 2024 By: Creamer Media Reporter

Engineering News editor Terence Creamer discusses the latest meeting held between senior business leaders and President Cyril Ramaphosa and his Cabinet; the feedback provided on efforts to tackle... 


Precision investment castings
New owners of precision casting company drive technology, skills investment
8th March 2024 By: Marleny Arnoldi

Following a takeover of Rely Precision Castings by a new group of shareholders, the company is undergoing a renewed market expansion drive with investment into technology, and development of a... 


DENYS HOBSON
Global growth is expected to be subdued, if not stagnant, in 2024
Close collaboration essential to ensure competitive market, industry
8th March 2024

Global growth is expected to be subdued, if not stagnant, in 2024, and amid this slow growth and some challenging market conditions, global trade is also expected to be sluggish, says financial... 


SCOTT EDMUNDSON
By creating an international registry for recognising and enforcing creditor and lessor rights, these treaties aim to reduce financing costs and risks
Immediate actions needed to foster a more competitive rail industry
8th March 2024 By: Simone Liedtke

South Africa’s rail sector is faced with unprecedented challenges that threaten its operational viability and economic contribution, says law firm Webber Wentzel partner Scott Edmundson, who says... 


Photo of Martin Creamer
South Africa’s mining industry must be given a new ticket to ride
8th March 2024 By: Martin Creamer

The decline of South Africa’s mining industry must be vigorously arrested by giving the flagging sector a new ticket to ride. Bureaucratic hoops must be reduced to a minimum and critical minerals... 


Ctrack index points to another year of ‘fairly subdued’ transport-sector growth
8th March 2024 By: Irma Venter

The Ctrack Transport and Freight Index (Ctrack TFI) forecasts “another year of fairly subdued growth for the transport sector”. This is based on the assumption of mediocre economic growth in South... 


An artist's impression of the Cape Winelands airport
Cape Winelands Airport, South Africa
8th March 2024 By: Sheila Barradas

RSA.Aero aims to construct Cape Town’s second, big commercial airport. 


Image of Zondereinde mine and selter
Zondereinde Western extension project, South Africa – update
8th March 2024 By: Sheila Barradas

Northam Platinum has implemented several capital preservation initiatives at the project. 


Image of solar panels
Zimplats solar project, Zimbabwe – update
8th March 2024 By: Sheila Barradas

The planned solar plant commissioning has been negatively impacted on by severe port and logistics constraints. 


Infrastructure Fund chief investment officer Mohale Rakgate
Fund requesting RFPs for infrastructure projects worth R70bn
7th March 2024 By: Nadine James

Infrastructure Fund chief investment officer Mohale Rakgate has reported that various strategic projects identified through government, and in previous Sustainable Infrastructure Development... 


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Magazine round up | 03 May 2024
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