R/€ = 16.11 Change: -0.04
R/$ = 14.45 Change: -0.06
Au 1275.65 $/oz Change: -0.39
Pt 813.50 $/oz Change: -10.79


DTI to support South African companies participating in Africa Oil Week

By: Tasneem Bulbulia     20th May 2019 The Department of Trade and Industry (DTI) will, for the first time, showcase 15 to 20 local companies in the South African National Pavilion at the Africa Oil Week, which will be held in Cape Town from November 4 to 8.   With the event focused on Africa’s upstream oil and gas sector, the DTI... 

Does it matter who owns our mines?

10th May 2019 “Capital goes where it is welcome and stays where it is well treated,” said former Citibank CEO, the late Walter Wriston more than 30 years ago. That sentiment remains even more relevant as global capital has become increasingly mobile. The extractive resources industry, even in Africa, is now... 

Deloitte consolidates Intelligent Mining offering

By: Marleny Arnoldi     6th May 2019 Since launching its Intelligent Mining system a bit more than a year ago, Deloitte has consolidated the respective service offerings into one combined mining intelligence capability, which now comprises a Digital Nerve Centre and Intelligent Boardroom. Deloitte digital mining operations leader... 

Hwange Colliery sees signs of hope despite widened 2018 loss 

By: Simone Liedtke     6th May 2019 Despite achieving higher production and sales volumes for the year ended December 31, 2018, Zimbabwe-based Hwange Colliery’s financial performance worsened, with the miner’s loss for the year having widened by 79% to $78.4-million, from a loss of $43.8-million in 2017. The bigger loss was mainly... 

Localisation can help revive South Africa’s rail industry

By: Natasha Odendaal     3rd May 2019 Original equipment manufacturer Bombardier Transportation South Africa (BTSA) wants to be an integral part of South Africa’s growth story as it pursues localisation ambitions beyond 60%. South Africa’s underused rail sector is primed for growth, with a revitalisation of the rail industry possible... 

Green chemistry requires whole value chain approach

By: Schalk Burger     3rd May 2019 Green chemistry requires that the entire value chain be considered to ensure that the use and reclamation or disposal of chemicals are economically feasible, says multinational specialty chemicals producer Clariant South Africa head Nicol Meyer. Clariant’s local clients are receptive to using... 

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... 

Digital initiatives could unlock trillions in value for SA, research shows

By: Schalk Burger     19th April 2019 South Africa can unlock financial value and create meaningful outcomes for citizens in their daily lives by implementing key digital initiatives across government services and key industry sectors, professional services multinational Accenture says. Research indicated that the value that can be... 

Mining the benefits of Industry 4.0

By: Yolande Botes     17th April 2019 Mining companies have become much better at investing in the mines of today – but what about investing in the mines of the future? Industry 4.0, also known as the Fourth Industrial Revolution, the fusion of production, information and communication technologies, offers a significant opportunity... 

Competition Commission to extend data inquiry investigation

By: Natasha Odendaal     12th April 2019 The end of April will mark the release of the Competition Commission’s provisional report into its data inquiry. However, the finalisation of the investigation and the publication of the final outcomes will only be completed by December 31, months later than the initial planned March conclusion,... 

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