R/€ = 18.45 Change: -0.06
R/$ = 15.28 Change: -0.05
Au 1835.60 $/oz Change: -15.77
Pt 1079.00 $/oz Change: -14.62


Law firm says ESG most prominent risk beyond pandemic resilience

By: Marleny Arnoldi     15th January 2021 International law firm White & Case says 45% of decisionmakers believe environmental, social and governance (ESG) issues will be the biggest risk to the mining and metals sector this year. The firm reports in its 'Mining and Metals 2021' survey that the global mining and metals sector is facing... 

Rolls-Royce inaugurates major new engine testbed

By: Rebecca Campbell     15th January 2021 UK-based global major industrial technology group Rolls-Royce has functionally inaugurated its new leading edge engine testbed by successfully completing the first engine run in it (the official opening will take place later). The engine used to inaugurate the testbed was a Trent XWB, which was... 

EU food watchdog approves bugs for human consumption

By: Bloomberg     13th January 2021 Insects just moved a step closer to European dinner plates. Dried yellow mealworm, the larval form of the mealworm beetle, is safe for human consumption in both its whole form and as a powder additive, the European Union’s food watchdog said Wednesday. 

EIB supports investment in Great Green Wall initiative

By: Tasneem Bulbulia     12th January 2021 Long-term lending institution, the European Investment Bank (EIB), announced on January 11 that it aims to provide new financial and technical support to back sustainable agriculture, clean energy, water, infrastructure and private sector financing in 11 Sahel countries most vulnerable to a... 

Sustainable finance must be the key to Africa’s recovery and future prosperity

By: Creamer Media Reporter      12th January 2021 Question-and-answer series with Sunil Kaushal, CEO, Standard Chartered AME What are the roles of the public and private sectors in improving the mobilisation of financial resources towards sustainable development? 

Zirk Botha nears St Helena island on day 24 of rowing voyage

By: Marleny Arnoldi     11th January 2021 The 59-year-old rower Zirk Botha, who is currently making a voyage from Cape Town to Rio de Janeiro, was just off the coast of St Helena island on January 11, making his way toward crossing the Greenwich meridian line. January 11 marked the twenty-fourth day of his three-month journey in... 

African Association of Automotive Manufacturers applauds AfCFTA launch

By: Irma Venter     7th January 2021 The Africa Continental Free Trade Agreement (AfCFTA) which was finalised at a virtual African Union (AU) summit in December, is an important milestone for the realisation of the African Association of Automotive Manufacturers’ (AAAM’s) vision, says the association in a statement. This vision is... 

Nxuba Wind Farm enters commercial operations

By: Donna Slater     4th January 2021 Renewable energy developer and operator Enel Group’s South African renewable energy subsidiary Enel Green Power (EGP) has successfully reached commercial operation of its 140 MW Nxuba wind farm in the Eastern Cape. The project, built at a cost of about €200-million, is expected to generate 460... 

Coca-Cola Foundation’s RAIN to replenish 15bn litres of water in South Africa

By: Creamer Media Reporter      18th December 2020 The Coca-Cola Foundation's Replenish Africa Initiative (RAIN) is funding five projects in South Africa to help restore priority water catchment areas by removing invasive alien plants, while creating valuable employment opportunities for women, youth and families. “These important water catchment... 

Volkswagen plans to link top executives’ bonuses to ESG targets

By: Bloomberg     18th December 2020 Volkswagen plans to link top executives’ bonuses to environmental, social and governance targets as the German industrial giant seeks to bolster sustainability credentials that are increasingly relevant to investors. VW will seek shareholder approval for the updated remuneration system at its... 

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