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Minerals Council bemoans lack of competiveness focus in economic recovery plan

By: Marleny Arnoldi 16th October 2020 The Minerals Council South Africa says the Economic Reconstruction and Recovery Plan – unveiled by President Cyril Ramaphosa on October 15 to a joint hybrid sitting of Parliament – does not go far enough in addressing areas where South Africa can improve its global competitiveness. While the... →

Princess Elizabeth Drydock recommissioned after upgrades

By: Marleny Arnoldi 16th October 2020 The Transnet National Ports Authority (TNPA) has successfully recommissioned the Princess Elizabeth Drydock, at the Port of East London. This follows the completion of two priority capital projects valued at more than R60-million that will "usher in a new era of optimised growth for the historic... →

Business welcomes recovery plan, but urges swift implementation

16th October 2020 Organised business formations have responded to the Reconstruction and Recovery Plan released by President Cyril Ramaphosa on October 15. On the whole, business has welcomed the plan, including the fact that it embraces many of the recommendations made to government by the social partners through... →

Sanral says RRM project creates opportunities for Koster SMMEs

By: Tasneem Bulbulia 15th October 2020 The South African National Roads Agency Limited (Sanral) convened its flagship ‘Taking Sanral to the People’ stakeholder engagement session in Koster, North West, to foster dialogue with small, medium-sized and microenterprises (SMMEs), community members and civil society. Unpacking key projects... →

China bans Australian coal imports as political relations sour

By: Bloomberg 12th October 2020 China has suspended purchases of Australian coal, according to people familiar with the order, as Beijing continues to tightly control imports of the fuel amid soured political relations with Canberra. Chinese power stations and steel mills have been verbally told to immediately stop using... →

KZN govt reaches out to Engen amid its oil refinery considerations

By: Marleny Arnoldi 9th October 2020 KwaZulu-Natal Economic Development, Tourism and Environmental Affairs MEC Nomusa Dube-Ncube has tasked the Trade & Investment Council KwaZulu-Natal (TIKZN) to look into the matter of the Engen Oil Refinery potentially closing its doors in a few years’ time. Engen confirms in a statement that it... →

Antigen tests to be rolled out at points of entry into South Africa

By: Tasneem Bulbulia 9th October 2020 Antigen tests for SARS-CoV-2 detection will be rolled out to all ports of entry in South Africa with immediate effect, the South African government has announced. It noted in an October 9 statement that the purpose of this was to effect the provisions of the level one travel regulations, which... →

Iron-ore extends gains as Vale halts Viga plant operations

By: Reuters 29th September 2020 Iron-ore futures rose on Tuesday after miner Vale said it was suspending operations at a concentration plant in Brazil, though trading was subdued as market activity winds down ahead of China's October 1-8 National Day holidays. The steelmaking ingredient's most-traded January 2021 contract on... →

Global chromium production impacted by Covid-19 outbreak, says ICDA

By: Schalk Burger 21st September 2020 Global chromium production impacted by Covid-19 outbreak, says ICDA Chromium production and consumption remained constrained during the second quarter of this year, in line with lockdown restrictions implemented in various countries, says the International Chromium Development Association (ICDA). →

Minerals Council welcomes call to rebuild the South African economy

By: Tasneem Bulbulia 18th September 2020 Industry body the Minerals Council South Africa has welcomed President Cyril Ramaphosa’s address this week announcing the further lifting of restrictions with the shift in the country’s Covid-19 status to Level 1 from September 20. The Minerals Council says it also shares the view of the... →

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