R/€ = 16.83 Change: -0.02
R/$ = 16.05 Change: 0.02
Au 1813.13 $/oz Change: -2.69
Pt 926.50 $/oz Change: -38.00


Libstar seeks to partner with food-focused small businesses

By: Marleny Arnoldi     18th May 2022 Consumer packaged goods manufacturer Libstar is on the lookout for well-established, food-focused small businesses to partner with. The company, through its incubator project Libstar Nova, aims to enrich and scale up the operations of local entrepreneurs that average between R15-million and... 

FUCHS’ new sustainable automotive small packs are easy on the environment

18th May 2022 The new small packs for the automotive sector introduced globally by the FUCHS Group at the end of last year not only feature easily recognisable labels and images, pictographs, and colour codes to help customers select the correct oil, with an optimised bottle shape with a longer neck for... 

Collaboration needed to make South African mining globally competitive again – CSIR 

By: Martin Creamer     18th May 2022 Concern about mineral resource scarcity is widespread and, at the same time, many countries, such as Australia, Canada and China, are investing significantly in strengthening their mining-related research, development and innovation (RDI) capabilities. “This makes cost and differentiation... 

Transaction Capital posts 38% increase in interim headline earnings

By: Schalk Burger     18th May 2022 JSE-listed diversified services investment company Transaction Capital has posted a 38% year-on-year increase in core headline earnings to R603-million for the six months ended March 31. Core headline earnings a share increased by 28% year-on-year to 83.7c for the interim period. 

Supply-chain chaos is a boost for local warehousing and manufacturing

18th May 2022 By Inospace CEO Rael Levitt For most companies, dysfunctional supply chains are a headache and a cost. But for local warehouse owners, supply chains are a tailwind further fuelling the burgeoning growth in local manufacturing.  

Dewatering experts grow IPR from rental to custom builds

18th May 2022 The success of IPR is rooted in its evolution from just renting diesel-driven dewatering pumps to designing and manufacturing fit-for-purpose solutions that are reliable and cost effective. According to Lee Vine, managing director of IPR, the traditional approach in the pump rental sector has... 

De Beers generates $604m in fourth sales cycle

By: Marleny Arnoldi     18th May 2022 Diamond miner De Beers has generated $604-million in revenue for its fourth sales cycle of this year. This compares to revenue of $566-million recorded for the third sales cycle of of this year and $385-million for the fourth sales cycle of 2021.  

Champion Iron spots pellets opportunity in Sept-Iles, Québec

By: Mariaan Webb     18th May 2022 Canada-based iron-ore miner Champion Iron has announced the acquisition of the Pointe Noire pelletising plant, located next door to the port facilities that it currently uses, with a view of recommissioning the plant to produce direct reduction-grade pellets. A subsidiary of Champion will buy... 

Forrest retakes reins at Fortescue as Gaines steps aside

By: Esmarie Iannucci     18th May 2022 Iron-ore major Fortescue Metals on Wednesday announced a swathe of changes to its leadership structure, which will see founder Dr Andrew Forrest retake leadership once current CEO Elizabeth Gaines steps aside in August. Forrest will specifically be overseeing Fortescue’s iron-ore business, in... 

PGI’s latest jewellery review shows continued demand for premium platinum products

By: Darren Parker     17th May 2022 Market development organisation Platinum Guild International (PGI) has released its latest Platinum Jewellery Business Review (PJBR), in which it highlighted platinum’s prestigious image among jewellery retailers across the globe and their customers. “Platinum’s unique qualities continue to... 

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