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A farm with irrigation equipment
Innovative interventions needed to turn around underperforming growth trajectory – Agbiz
22nd February 2024 By: Schalk Burger

Against the backdrop of a profoundly challenging macroeconomic environment where South Africa’s economy is expected to continue underperforming, averaging at 1.6% growth in the next three years,... 


Busa CEO Cas Coovadia
Budget seen as realistic, generally positive in economic context
22nd February 2024 By: Schalk Burger

Business organisations Business Leadership South Africa (BLSA) and Business Unity South Africa (Busa) said the 2024 Budget presented by Finance Minister Enoch Godongwana on February 21, was... 


Awards will showcase African supply chain excellence
22nd February 2024

Entries are open for the 2024 Africa Supply Chain Excellence Awards. This prestigious annual event, which is now in its third year, acknowledges the vital role played by supply chain management and... 


Minas-Rio
Integration of Vale’s Serpentina resource has potential to expand Anglo’s Minas-Rio output
22nd February 2024 By: Darren Parker

Diversified miner Anglo American has agreed to acquire, from Brazilian iron-ore miner Vale, the high-quality Serra da Serpentina iron-ore resource and integrate it into its contiguous Minas-Rio... 


Bidcorp grows revenue, operating profit and continues investments
21st February 2024 By: Schalk Burger

JSE-listed food services multinational Bidcorp grew its revenue by 24% year-on-year to R113.8-billion for the six months to December 31, 2023. Its revenue increased by 10.8% in constant currency... 


R4bn may be removed from Eskom debt-relief for failure to meet EFC sale deadline
R4bn may be removed from Eskom debt-relief for failure to meet EFC sale deadline
21st February 2024 By: Terence Creamer

The South African government is proposing to reduce its planned allocations to Eskom under a previously announced R254-billion debt-relief package by R2-billion a year for the 2023/24 and 2024/25... 


An image showing part of Sibanye-Stillwater's Marikana operation
Unions express dismay over mining sector retrenchments
20th February 2024 By: Tasneem Bulbulia

Trade unions the Association of Mineworkers and Construction Union (AMCU) and the National Union of Mineworkers (NUM) have expressed their dissatisfaction with the plans announced by various mining... 


An image of Kumba Iron Ore CEO Mpumi Zikalala
Kumba weathers headwinds but 490 jobs at risk as it reconfigures business
20th February 2024 By: Tasneem Bulbulia

Anglo American subsidiary Kumba Iron Ore delivered solid operational and financial results for the year ended December 31, 2023, despite macroeconomic challenges; however, about 490 jobs could be... 


SA Canegrowers maintains sugar tax increase will destroy jobs
20th February 2024 By: Marleny Arnoldi

Ahead of Finance Minister Enoch Godongwana’s Budget Speech on February 21, industry body the South African Cane Growers’ Association (SA Canegrowers) has called on National Treasury to prioritise... 


US moves to restore stockpiling ‘panic button’ in EV metals fight with China
US moves to restore stockpiling ‘panic button’ in EV metals fight with China
20th February 2024 By: Bloomberg

Insiders liken it to a “panic button.” And for more than 80 years, the primary job of the National Defense Stockpile has been to keep the US military supplied with essential raw materials and... 


Finance Minister Enoch Godongwana
Reserves drawdown is wildcard in South Africa’s election budget
19th February 2024 By: Bloomberg

Enoch Godongwana needs to conjure an annual budget that balances spending pressures stemming from this year’s elections with the South African National Treasury’s commitment to stabilise its... 


Silhouette of a construction site
Budget must address revenue challenges, infrastructure investments – Mavuso
19th February 2024 By: Schalk Burger

While there has been a clear effort by the National Treasury to rein in spending and turn the trajectory of government's financial performance around, the revenue side of the equation has not been... 


The Ultra T.14
Tata launches new range of smart trucks in South Africa
16th February 2024 By: Schalk Burger

Multinational automobile manufacturer Tata Motors, through its authorised distributor Tata Africa, has announced the commercial launch of its range of multipurpose heavy-duty trucks, namely the... 


2024 Supply Chain Outlook Navigating the Future with Resilience and Innovation
2024 Supply Chain Outlook Navigating the Future with Resilience and Innovation
16th February 2024

By Jeanne Hugo, Senior Director Supply Chain, CHEP IMETA The supply chain industry finds itself at a crucial juncture, marked by a blend of technological innovation, shifting consumer behaviours,... 


Image of IWC megawarehouse rooftop
IWC megawarehouse rooftop solar project, Ghana
16th February 2024 By: Sheila Barradas

The project entails the construction of a solar rooftop power system on IWC’s megawarehouse. 


Photo of Terence Creamer
Reform momentum
16th February 2024 By: Terence Creamer

From an economic perspective, the most important signal provided by President Cyril Ramaphosa in his State of the Nation Address was that the reform agenda remains in place, and that it will be... 


Initial signs energy supply is stabilising, logistics to endure for longer – Minerals Council 
16th February 2024 By: Irma Venter

The domestic mining industry is looking at 2024 as a year of stabilisation, rather than growth, says Minerals Council South Africa CEO Mzila Mthenjane. The industry continues to face persistent... 


An image of the TITAN AdBlue product offering from FUCHS
Ancillary product reduces harmful emissions
16th February 2024 By: Trent Roebeck

Lubricant supplier FUCHS Lubricants South Africa introduced TITAN AdBlue – an ancillary product that helps reduce diesel exhaust emissions – for use in buses, trucks and agricultural vehicles.... 


A group of make shift tents and lean to's in the DRC Bush which houses artisanal miners and their families
DRC investment to be buoyed by elevated copper price
16th February 2024 By: Halima Frost

A forecasted increase in global copper prices will encourage continued investment in the “copper and cobalt mining powerhouse of Africa” – the Democratic Republic of the Congo (DRC) – reports... 


A three story high reactor manufactured by Viva Engineering with people in PPE under it to show scale
Complex SA-DRC reactor project recognised
16th February 2024

The fabrication, in South Africa, of six large reactors for the Azmet Reactor project, being undertaken at a mine in the Democratic Republic of Congo (DRC), is a “massive achievement” after it was... 


Locomotives owned by Transnet Freight Rail
EIB in talks with South Africa over loan for ports, freight rail
15th February 2024 By: Bloomberg

The European Investment Bank (EIB) said it’s in talks to loan South Africa money to upgrade its port and freight-rail infrastructure as its first contribution to a decarbonization pact known as the... 


Photo of Martin Creamer
Reforms, Mining Exploration Fund, black ownership make headlines
15th February 2024

Mining Weekly Editor Martin Creamer discusses the need for energy and logistics reforms for sustainable mining; the agreement between the Department of Mineral Resources and Energy and the IDC for... 


Subdued growth expected in transport sector; more freight going to Maputo – Ctrack index
Subdued growth expected in transport sector; more freight going to Maputo – Ctrack index
14th February 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... 


Mavuso lauds business for pragmatic assistance despite govt failures
12th February 2024 By: Marleny Arnoldi

Despite the great difficulty that is involved with running a business in South Africa, the private sector has taken a very pragmatic approach to dealing with the challenges to the business... 


Image to show range of services by Manta Freight Logistics offers a range of services
Global freight logistics with local personal touch
10th February 2024

Logistics and transport service company Manta Freight Logistics offers a range of services including sea freight, air freight, road freight, customs clearing and warehousing and distribution. The... 


DFC announces new financing for Lobito Corridor
9th February 2024 By: Sabrina Jardim

US International Development Finance Corporation (DFC) deputy CEO Nisha Biswal has announced new financing in support of the Lobito Corridor, which extends across Angola, Zambia and the Democratic... 


Africa’s largest virtual supply chain conference to focus on collaboration, sustainability, innovation
9th February 2024

Africa’s largest virtual conference for procurement and inbound supply chain professionals will take place on 13 March 2024. The free-to-attend Africa Supply Chain in Action (ASCA) event is now in... 


The Durban Container Terminal
Business stakeholders find ‘election-oriented’ SoNA wanting
9th February 2024 By: Marleny Arnoldi

Business stakeholders agree that President Cyril Ramphosa was right to emphasise economic reforms in his State of the Nation Address (SoNA) on February 8, as these are critical to turning around... 


Minerals Council CEO Mzila Mthenjane
Mining industry sustainability hinges on energy, logistics reforms, Minerals Council stresses
9th February 2024 By: Schalk Burger

The sustainability of the South African mining industry and its ability to play a meaningful and positive role in society and the economy are dependent on urgent and extensive structural reforms in... 


Photo of Terence Creamer
Loadshedding, logistics, water crises key themes of SoNA 2024
9th February 2024 By: Creamer Media Reporter

Engineering News editor Terence Creamer discusses some of the key themes that emerged during President Cyril Ramaphosa's final State of the Nation Address of the current administration and how... 


The above image depicts an item that has been surrounded in a preservation material to prevent corrosion
Supplier outlines corrosion challenges for long-lead items
9th February 2024 By: Lynne Davies

Oil and gas facility owners and operators face numerous challenges regarding effective corrosion protection that can directly impact on their operating a profitable, safe and compliant facility,... 


An image of SICK executive board chairperson Dr Mats Gökstorp
Partnership to facilitate process technology development, broaden product range
9th February 2024

Sensor company SICK and measurement and automation technology specialist Endress+Hauser are aiming to enter a strategic partnership to broaden Endress+Hauser's product range, enhance SICK's process... 


Trend toward digitalisation continues
9th February 2024 By: Lynne Davies

Materials handling firms have traditionally relied on paper-based processes, however, as these processes are staggeringly manual, time consuming, highly inefficient and prone to human error,... 


Photo of Martin Creamer
It’s critical that we get into critical minerals
9th February 2024 By: Martin Creamer

By entering the critical minerals sector holistically and achieving a net-zero future at home, South Africans can meet the objectives of creating employment, reducing inequality and lessening... 


Transnet needs ‘the right, permanent management, quickly’ – Stellenbosch University academic
9th February 2024 By: Irma Venter

State-owned rail and port operator Transnet could, potentially, show significant improvement this year, compared with last year’s dismal performance, says transport economist and macrologistics... 


Manta Freight Logistics
Manta Freight Logistics
9th February 2024

South Africa-based freight forwarding specialist Manta Freight Logistics offers a comprehensive, seamless logistics and transport service across a wide range of industries. Manta Freight uses all... 


ArcelorMittal South Africa CEO Kobus Verster
AMSA sees plausible pathway for salvaging longs unit, but ready to reverse closure deferral if urgent progress is not made
8th February 2024 By: Terence Creamer

Steel producer ArcelorMittal South Africa (AMSA) has deferred the wind-down of its long-products business by six months amid widespread concern regarding the detrimental impact of the closure on... 


Transnet train transporting iron ore
Transnet problems force Kumba to moderate output
8th February 2024 By: Darren Parker

Anglo American subsidiary Kumba Iron Ore CE Mpumi Zikalala has reiterated that State-owned Transnet’s rail performance challenges have placed so much pressure on Kumba’s value chain that the... 


Oranges
CGA welcomes support from shipping company to boost citrus exports
8th February 2024 By: Marleny Arnoldi

The Citrus Growers Association of Southern Africa (CGA) has welcomed the announcement that global liner shipping company Hapag-Lloyd will be helping to export citrus from the ports in Durban and... 


An image of Anglo American CE Duncan Wanblad
Anglo’s fourth-quarter production in line with expectations despite rail constraints
8th February 2024 By: Tasneem Bulbulia

Diversified miner Anglo American’s production for the fourth quarter ended December 31, 2023, was in line with expectations and in line with production in the third quarter, despite the deliberate... 


An image of President Cyril Ramaphosa
Busa seeks govt's backing on private sector support to resolve energy, logistics crises
8th February 2024 By: Tasneem Bulbulia

Business organisation Business Unity South Africa (Busa) has outlined its expectations for President Cyril Ramaphosa’s State of the Nation Address tonight, with the first being a call for a clear... 


Standard Bank chief economist Goolam Ballim
Standard Bank not expecting major fiscal slippage despite election pressures
7th February 2024 By: Terence Creamer

Standard Bank chief economist Goolam Ballim does not anticipate “material fiscal slippage” in the 2024 Budget, despite expenditure pressures associated with the upcoming elections, as well as calls... 


Sappi CEO Steve Binnie
Sappi's earnings, debt decrease in first quarter
7th February 2024 By: Schalk Burger

JSE-listed renewable woodfibre-based products company Sappi's earnings before interest, taxes, depreciation and amortisation (Ebitda) decreased to $156-million for the first quarter of its 2024... 


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