R/€ = 17.06 Change: -0.11
R/$ = 14.24 Change: -0.07
Au 1762.75 $/oz Change: 16.74
Pt 1202.78 $/oz Change: 15.28


Airbus signs military transport aircraft servicing deal with Egypt

By: Rebecca Campbell     15th April 2021 Airbus Defence and Space, part of the Airbus group, announced on Thursday that it had signed a five-year services contract with the Egyptian Air Force (EAF), to support the latter’s force of C295 twin turboprop transport aircraft. The EAF operates the largest fleet of C295s in the world, with 24... 

Kenmare settles into higher output numbers after plant relocation

By: Marleny Arnoldi     15th April 2021 London-listed Kenmare Resources says it is seeing an uptick in production as the relocated Wet Concentrator Plant B settles into operation at the Pilivili site, at the Moma titanium minerals mine, in Mozambique. The move of the plant started from the Namalope orezone to Pilivili in the third... 

New law would allow Uganda to take stakes in private mining

By: Reuters     14th April 2021 Uganda's cabinet has approved a draft mining law that would allow the government to own shares in private mining operations and impose steep penalties for violations in the sector, including prison terms of up to seven years. The draft law mirrors others in the region, including in Tanzania,... 

SBI papers make recommendations to engender small business growth, aid recovery

By: Tasneem Bulbulia     14th April 2021 Nonprofit organisation the Small Business Institute (SBI) on April 14 released four additional papers in its series of six aimed at the promotion and development of small business in South Africa, during the Covid-19 pandemic and beyond. The other two papers in the series were released previously. 

Spectrum progress being made, but allocation unlikely in 2021 

By: Natasha Odendaal     14th April 2021 While the auction of high demand spectrum has experienced another setback and is not likely to be allocated this year, much progress has been made compared with a year ago. The release date of high demand spectrum remains uncertain, owing to several legal battles over the Independent... 

Cabinet expected to approve Hydrogen Society Roadmap by early 2022 at latest 

By: Terence Creamer     14th April 2021 South Africa’s Hydrogen Society Roadmap (HSRM) will be presented for Cabinet approval either before the end of the year or early next year and should outline how the country’s resource advantages should be leveraged to produce green hydrogen, as well as to integrate hydrogen-related technologies,... 

ZCCM to appeal against latest Court of Appeal ruling in Konkola dispute

By: Marleny Arnoldi     12th April 2021 Investment holding company ZCCM has advised that it intends to appeal against the latest decision of the Zambian Court of Appeal and to stay the court’s judgment in a matter between ZCCM and diversified miner Vedanta Resources. The High Court of Zambia ruled against Vedanta on August 7, 2019,... 

Cigar Lake uranium mine to restart this month

By: Creamer Media Reporter      10th April 2021 Canadian uranium major Cameco on Friday announced that the Cigar Lake mine, in northern Saskatchewan, would be reopened this month, but that the timing would depend on how quickly the workforce could be remobilised. Operations at the high-grade uranium mine were halted in December. At the time,... 

Moshesh achieves first close on renewable energy, clean infrastructure fund

By: Schalk Burger     9th April 2021 Asset management company Moshesh Partners has reached a first close for its first renewable energy and clean infrastructure fund, and is targeting R2-billion in assets under management in the next 18 months, said Moshesh Partners co-founding member and CEO Sifiso Shongwe on April 9. This goal was... 

Guardians of world economy see long road for pandemic recovery 

By: Bloomberg     9th April 2021 The guardians of the global economy this week implored governments to act to avoid a two-speed rebound where vaccinated, rich nations recover more strongly from the pandemic than poorer countries languishing under the burden of disease and debt. The International Monetary Fund said that it sees... 

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