R/€ = 16.24 Change: 0.37
R/$ = 14.51 Change: 0.30
Au 1346.47 $/oz Change: 10.95
Pt 803.41 $/oz Change: 4.37


Naamsa seeks quick end to wage negotiations in auto sector

By: Irma Venter     14th June 2019 The National Association of Automotive Manufacturers of South Africa (Naamsa) wants the quickest possible resolution to the looming wage negotiations between vehicle manufacturers and the National Union of Metalworkers of South Africa (Numsa), says  Naamsa executive director and CEO Mike Mabasa.... 

Manganese poised to make its mark as EV metal  

By: Martin Creamer     5th June 2019 Manganese could make its mark in the battery electric vehicle (EV) arena by displacing cobalt to a large extent in many of the cathode formulations, where the bulk of battery metals are used. The Junior Indaba heard on Wednesday that manganese, which South Africa hosts in abundance, is in a race... 

Exports, new-vehicle sales both down in May 

By: Irma Venter     3rd June 2019 In a double whammy for the South African automotive industry, new-vehicle sales contracted yet again in May, with exports also putting in a negative performance for the first time this year. The South African new-vehicle market declined by 5.7% in May, to 40 506 units, compared with the same... 

Collective SA effort needed to spotlight platinum’s deftness in climate change battle  

By: Martin Creamer     28th May 2019 More vehicle manufacturers are acknowledging that platinum-catalysed hydrogen fuel cells are the sole route to 100% carbon-free driving. But platinum’s own catalytic prowess is in danger of being under-acknowledged. 

Researchers see manganese helping fuel cells down cost curve 

By: Martin Creamer     20th May 2019 A new manganese-containing material may contribute to platinum-using hydrogen fuel cells being driven down the cost curve. The new material, made from manganese hydride, is being earmarked for use in molecular sieves that work with the fuel cells in hydrogen fuelled systems that generate... 

Nzimande announces Revised Taxi Recapitalisation Programme  

By: Tasneem Bulbulia     26th April 2019 Transport Minister Dr Blade Nzimande on Friday announced government interventions to transform the minibus taxi industry, through revising the Taxi Recapitalisation Programme. The Revised Taxi Recapitalisation Programme resumed in March with the appointment of a new service provider, Anthus... 

Jewellery gives platinum biggest bang for marketing buck by far  

By: Martin Creamer     25th April 2019 Marketing investment in the jewellery sector provides platinum with its biggest, best and quickest return by a long shot, with platinum jewellery accounting for 30% of overall platinum demand and at least half of that demand coming from China. Marketing spend on physical platinum investment... 

South African premium car market faces another tough year 

By: Irma Venter     23rd April 2019 The South African premium car market has seen four years of decline, ending 2018 below 50 000 units, says BMW Group South Africa CEO Tim Abbott. The first quarter of this year has also not signaled a turnaround, with sales below that of the first three months of 2018, he adds. The previous peak... 

Auto giants battle used car dealers for Africa's huge market

By: Reuters     12th April 2019 At the edge of Nairobi's Ngong Forest, thousands of used cars glitter in the hot sun on a dusty field, waiting for buyers. Imported from Japan or the Middle East, they offer an affordable route to vehicle ownership in Kenya and have dominated the market for decades. 

Hydrogen and platinum at centre of climate change solution – Anglo    

By: Martin Creamer     11th April 2019 Hydrogen is at the centre of the solution to climate change and platinum, in turn, is at the centre of hydrogen, London-based Anglo American executive head of market development Benny Oeyen emphasised when he spoke to Mining Weekly Online on the sidelines of this week’s Platinum Group Metals... 

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