R/€ = 19.45 Change: -0.06
R/$ = 16.52 Change: 0.03
Au 1903.80 $/oz Change: -5.97
Pt 862.50 $/oz Change: -0.77


Calgro M3 enhances liquidity

By: Tasneem Bulbulia     19th October 2020 Following 12 to 18 months of rigorous restructuring initiatives, JSE-listed Calgro M3 has successfully closed its internal construction division. Calgro M3 CEO Wikus Lategan reported on October 190 that the leaner business, together with little pressure to invest in capital intensive projects... 

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... 

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... 

Gauteng’s Transport Authority to be formally established by the end of the year 

By: Simone Liedtke     16th October 2020 The Transport Authority of Gauteng (TAG) will be formally established by the end of this year, interim CEO Jack van der Merwe confirmed on October 16. Speaking during an engagement session, he lamented that the Covid-19 pandemic had somewhat delayed the process but said that final board... 

Reimagining power in Africa

16th October 2020 The issue of providing power to industries and communities across Africa is complex and multilayered. On the one hand, we have entered a time of great promise, where it is becoming easier and cheaper to maximise renewable energy resources. On the other, corporates face outdated regulatory hurdles... 

Report discusses challenges, options as world continues to drive decarbonisation agenda 

By: Simone Liedtke     16th October 2020 While the global shift from fossil fuels to renewables is helping new ecosystems and technologies to emerge, many of the pursued steps towards decarbonisation pose unique challenges. Many participants in the energy and resources industries have declared an intention to become carbon neutral by... 

Standard Bank continues to increase exposure to renewables, move away from coal

By: Marleny Arnoldi     15th October 2020 Standard Bank has released its interim Task Force on Climate-related Financial Disclosures report, highlighting that environmental, social and governance aspects remain at the centre of the bank’s agenda of driving sustainable and inclusive growth in Africa. Sustainability head Wendy Dobson... 

Danakali appoints potash expert as COO

By: Donna Slater     13th October 2020 ASX- and LSE-listed potash company Danakali has appointed Dr Rod McEachern as COO, effective December 3. According to the company, his appointment strengthens and deepens Danakali’s potash mining and processing knowledge and leadership capability.  

Poland's JSW to focus solely on coking coal

By: Reuters     9th October 2020 Poland's JSW, the European Union's biggest coking coal producer, said it wants to focus solely on the fuel used in steelmaking and exit the more polluting thermal coal. Coking coal accounts for 80% of JSW's output, and thermal coal for 20%. Thermal coal, used for power, is struggling to attract... 

Sibanye-Stillwater addresses multi-front Covid-19 social upliftment

By: Donna Slater     9th October 2020 Precious metals miner Sibanye-Stillwater has undertaken several social upliftment initiatives in South Africa since the outbreak of Covid-19, including financial support for non-working employees, financial contributions to relief funds, providing potable water and sanitisation solutions,... 

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