R/€ = 17.16 Change: -0.13
R/$ = 14.50 Change: -0.11
Au 1804.36 $/oz Change: -10.45
Pt 1009.52 $/oz Change: -41.98


Afarak Mogale exits business rescue

By: Tasneem Bulbulia     Updated 6 hours ago BDO Business Restructuring has successfully concluded the business rescue of chrome and alloys specialist Afarak Mogale through the negotiation and signing of a share subscription agreement for the acquisition of the shares and business of Mogale by ferrochrome producer Bright Minerals for... 

Afrimat unpacks how its recent acquisitions are settling in

By: Marleny Arnoldi     Updated 6 hours ago JSE-listed midtier miner Afrimat on August 5, during an investor day, outlined its expectations on when its latest acquisitions will start contributing to the group’s results, as well as how the company will go about driving growth going forward. Most of the acquisition activity in the... 

Mpact remains ‘firmly anchored’ in making a difference on the back of robust interim results 

By: Simone Liedtke     Updated 7 hours ago South African paper and packaging business and recycler Mpact remains “firmly anchored” in its purpose of making a difference by providing customers with sustainable packaging and giving effect to the circular economy through its integrated business model. CEO Bruce Strong said on August 5 that... 

Press release: Schneider Electric Launches mySchneider Panel Builder Programme – supports accelerated business growth 

Updated 7 hours ago Schneider Electric has announced the launch of the mySchneider Panel Builder Programme; an interactive and intuitive platform that encourages transformative projects within the company’s energy management ecosystem. The South African launch also coincided with the Innovation Talk Webinar: Panel... 

Evraz to build $228m vanadium plant

By: Mariaan Webb     5th August 2021 Vertically integrated steel and mining company Evraz on Thursday announced that it would invest $228-million in the construction of a new vanadium slag processing plant in Russia. The plant, to be located at the Uzlovaya special economic zone in the Tula region, would be launched in 2025, the... 

Sansa to host key office of Digital Earth Africa

By: Rebecca Campbell     5th August 2021 Earth observation data services and products organisation Digital Earth Africa signed an agreement on Thursday with the South African National Space Agency (Sansa), which will see the latter host the former’s Programme Management Office (PMO). Digital Earth Africa exists to provide partners... 

Zincodic ISO 12944 IM3 4000hrs zinc cathodic coating - Principal Manufacturer 

5th August 2021 Zincodic creates locally manufactured, environment-friendly corrosion protection products of the highest quality.  

African executives optimistic about growth despite pandemic, challenges  

By: Tasneem Bulbulia     4th August 2021 Despite the global pandemic and its impacts, Africa’s C-suite executives are optimistic about business growth this year, international audit, tax and advisory firm Mazars’s ‘2020 C-suite Barometer’ finds. In early 2020, Mazars decided to initiate the new barometer to assess the views of C-suite... 

Paragon Architects designs integrated plant for leading German medical device and pharmaceutical company

4th August 2021 When German multinational B.Braun decided to establish a new integrated pharmaceutical plant in Longlake 20 Business Park in Johannesburg, property developer Zenprop turned to Paragon Architects South Africa (PASA), part of the Paragon Group. Representing one of the most significant industrial... 

Business seeks to nudge localisation debate beyond import substitution 

By: Terence Creamer     4th August 2021 Business is aiming to progress ongoing negotiations on the use of local-content regulations to revive manufacturing in South Africa beyond calls for blanket import substitution by identifying specific products or sectors where the country has the competitive advantages in place to increase... 

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