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Global miner Rio Tinto is optimistic about China's economic growth potential and will stick to its long-term strategy there, its chairman, Dominic Barton, said after a rare meeting on Tuesday with...
Researchers at the University of Lancaster in the UK have determined that significant space weather events could interfere with railway signalling systems at sea level, on Earth, thereby creating...
The Agricultural Business Chamber (Agbiz)/Industrial Development Corporation Agribusiness Confidence Index (ACI) deteriorated by ten points to 40 in the fourth quarter of the year. Notably, Agbiz...
Business Leadership South Africa CEO Busi Mavuso has warned of the deteriorating health sector without the prospect of recovery, owing in large part to the passage last week of the National Health...
Global diversified miner Anglo American is focusing on improving its cost performance and cash generation by reconfiguring several assets to adjust the production profile to near-term constraints...
The Steel and Engineering Industries Federation of Southern Africa (Seifsa) is calling on government to take urgent and decisive action to support the domestic steel sector following ArcelorMittal...
Barloworld expects a 10% to 15% decline in the 2024 Southern African mining equipment industry on the back of slowing commodity demand and weak commodity prices. “Having said that, we are...
There is not much love for ArcelorMittal South Africa (AMSA). The near-monopoly business is seen as over-protected, and under responsive by many of its customers. Many questions have been raised...
Financial adviser Mizuho International has been appointed to assist Sasol by facilitating an “international search for partners to co-invest and . . . complete further studies" at Boegoebaai.
Euro Manganese has signed definitive agreements with OMRF for $100-million in nondilutive financing to advance the project.
Rio Tinto has earmarked about $10-billion a year in capital investments from 2024 to 2026.
Anglo American is preparing to freeze spending on growth and widen job cuts in South Africa, going far beyond its initial savings target and paving the way to mothballing some higher-cost platinum...
Diversified major Rio Tinto has earmarked about $10-billion a year in capital investments from 2024 to 2026, with the cornerstone of its investment strategy over the next three years being its...
Rio Tinto on Wednesday brought forward the start of production from its giant Simandou iron ore project in Guinea to 2025 with plans to spend about $6.2-billion including on port and rail...
The cost of logistics in South Africa has increased significantly in the last eight years to about R800-billion a year at present and accounting for half of all products’ inherent costs. This...
With more countries to become members of the Brazil, Russia, India, China and South Africa (Brics) grouping, the South African agricultural industry will seek to deepen trade with these countries,...
South African private sector business activity flatlined in November, with a cooling of price pressures counteracted by supply chain disruptions due to a port crisis, a survey showed on Tuesday....
The Rhodes Ridge project, considered to be one of the world’s best undeveloped iron-ore deposits, is progressing to a prefeasibility study (PFS), with Rio Tinto approving A$110-million to advance...
The Department of Trade, Industry and Competition (dtic) on December 4 released the Electric Vehicles (EV) White Paper, as well as the Green Hydrogen Commercialisation Strategy final report....
The South African Association of Freight Forwarders (SAAFF) says the R47-billion facility guarantee extended to Transnet, as announced by the government on December 1, is welcome as it may indeed...
The ongoing evolution of procurement has seen the profession develop from a back-office function to a driver of business strategy. It has also shifted from a competitive dog-eat-dog arena - where...
Industry organisation naamsa | The Automotive Business Council says the current logistical challenges at South Africa's ports and across the entire freight rail network in the country are impacting...
A financial adviser has been appointed to assist Sasol in a search for potential coinvestors into a green hydrogen and ammonia export hub at Boegoebaai, in the Northern Cape, following the...
In this opinion article, Steel and Engineering Industries Federation of Southern Africa (Seifsa) president Elias Monage writes about the importance of the steel industry and the challenges the...
Factory managers in South Africa are the most pessimistic they’ve been about the outlook for business conditions since the strictest months of a Covid-19 lockdown three years ago, amid continuing...
Container yards are essential for the global transportation of goods, and the cargo handling equipment that gets utilised within them is critical to make the handling process as seamless and...
A R47-billion guarantee facility, effective immediately, has been extended to struggling State-owned freight logistics group Transnet in support of its recovery plan and to meet its immediate debt...
Like many other State-owned entities, the Passenger Rail Agency of South Africa (PRASA) has had its share of scandals. Its board chairperson was fired following an investigation into abuse of PRASA...
Like many other State-owned entities, the Passenger Rail Agency of South Africa (PRASA) has had its share of scandals. Its board chairperson was fired following an investigation into abuse of PRASA...
Exxaro Resources is expanding its search for critical mineral assets to greenfield projects, the miner said on Wednesday, as it pursues its strategy to diversify away from coal. Exxaro, one of...
ArcelorMittal South Africa (AMSA) has indicated that it will enter discussions with buyers of its noncommodity long-steel products in an effort to limit the disruption that is set to arise because...
Business Unity South Africa (Busa) president Adrian Gore has warned that the pace of delivery across the joint initiatives being taken with government on electricity, logistics and crime is...
In recent weeks, container ships have been bypassing the congested and delay-ridden Cape Town harbour to berth at the Port of Port Elizabeth in Gqeberha and the Ngqura (Coega) port, reports the...
ArcelorMittal South Africa CEO Kobus Verster believes there is no immediate prospect of addressing the structural issues undermining the financial viability of the group’s long-products business...
Representative organisation the Road Freight Association (RFA) emphasises that the deterioration of South Africa’s ports and rail has been a slow, continued process over at least ten years, and...
Tanzania is seeking $5.6-billion for a new railway in the south linking the Indian Ocean to Lake Nyasa and traversing regions rich in iron-ore, coal and graphite. The East African nation is looking...
Steel producer ArcelorMittal South Africa has indicated that it may close its long-products business, which could result in the loss of 3 500 direct and contractor jobs at its Newcastle and...
State-owned passenger rail company the Passenger Rail Agency of South Africa (PRASA) has dismissed an employee for the alleged theft of R34.5-million. PRASA detected irregular payments during...
Even after annual consumer inflation shocked the market on the upside on Wednesday, rising to 5.9% in October – higher than any economist surveyed had forecast – the Monetary Policy Committee kept...
Creamer Media editor Terence Creamer discusses the lagging procurement of new electricity generation and addition of crucial grid infrastructure, as well as the dire situation at Transnet's ports...
President Cyril Ramaphosa vowed that Transnet would shed itself of incompetence and address the major backlogs at the country's ports. If not, it could see the economy continue to bleed. On...
Magnet metals miner Pensana, continuing with the site development works for its rare-earth elements Longonjo project, in Angola, reported towards the end of August that it was progressing with site...
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