R/€ = 18.22 Change: 0.01
R/$ = 16.11 Change: 0.04
Au 1789.14 $/oz Change: -8.90
Pt 955.04 $/oz Change: -14.96


Nedlac to hold emergency meetings on vaccine mandates, access restrictions for unvaccinated

By: Terence Creamer     29th November 2021 The social partners participating in the National Economic Development and Labour Council (Nedlac) will hold emergency meetings this week about the institution of workplace vaccine mandates and the imposition of public access restrictions for the unvaccinated amid low vaccine uptake levels, the... 

Gauteng, KwaZulu-Natal transport development strategies progressing

By: Marleny Arnoldi     29th November 2021 The two key logistics provinces of South Africa – Gauteng and KwaZulu-Natal –are making inroads with their transport development strategies, particularly at a time when it is urgent to grow the economy, keep up with international trade and decarbonise. Speaking at the Transport Evolution Africa... 

PPC to invest R664m to 2025 to kick-start decarbonisation journey 

By: Terence Creamer     29th November 2021 JSE-listed building materials group PPC has outlined a new decarbonisation strategy that includes firm targets for implementation by 2025 and 2030 and also outlines a long-term aspirational goal of transitioning its operations to net-zero carbon dioxide (CO2) emissions by 2050. The strategy is... 

London copper firms as investors weigh Omicron impact

By: Reuters     29th November 2021 London copper prices rose on Monday, recouping some of last week's losses fuelled by the newly identified coronavirus variant, with markets trying to gauge its severity and its possible impact on economic recovery. Three-month copper on the London Metal Exchange rose 1% to $9 550 a tonne by... 

Renergen offering 20 Cryo-Vacc units for any company’s use in Dec

By: Simone Liedtke     29th November 2021 In light of the anticipated fourth wave of Covid-19 infections that is about to grip the country, South African company Renergen is offering the use of 20 of its Jumbo Cryo-Vacc units, at its own cost, for December, to assist in ensuring safe transportation of the estimated 16-million doses. This... 

BLSA warns of Omicron's impact on tourism industry, supports mandatory vaccination

By: Schalk Burger     29th November 2021 Business association Business Leadership South Africa (BLSA) has warned that the Covid-19 Omicron variant could have a significant impact on the South African tourism industry. President Cyril Ramaphosa in a November 28 address to the nation signalled the importance of vaccine mandates and... 

Mahindra adds refrigeration unit to its line-up of specialist bakkies

By: Irma Venter     29th November 2021 Mahindra has added a refrigeration unit to its line-up of specialist bakkies, which includes the Pik Up Ambulance, the Pik Up Mining Specification bakkie and the Pik Up Game Viewer.  All these models, which have been developed locally, are assembled with the assistance of Mahindra’s facility in... 

Vulcan inks another offtake in Europe

By: Esmarie Iannucci     29th November 2021 ASX-listed Vulcan Energy Resources has signed a binding lithium hydroxide offtake agreement with NYSE-listed Stellantis. Starting in 2026, Vulcan will supply between 81 000 t and 99 000 t of battery grade lithium hydroxide over the duration of the initial five-year agreement. 

Weekly SA Coal Report

29th November 2021 As expected, it was a choppy week price-action wise, with rough weather in Australia threatening to shut down some export capacity. However, most commodities sold off toward the end of the week as the “O-my-God” Covid variant emerged from South Africa. The rand immediately sold off further. Japan... 

National Gas Infrastructure Plan unveiled for first time

By: Esmarie Iannucci     29th November 2021 The federal government has released the first full National Gas Infrastructure Plan (NGIP) and the Future Gas Infrastructure Investment Framework to help secure Australia’s gas supplies over the next 20 years. As part of the government’s gas-led recovery, the NGIP sets out a long-term... 

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