R/€ = 16.26 Change: 0.35
R/$ = 14.53 Change: 0.28
Au 1346.48 $/oz Change: 10.96
Pt 802.14 $/oz Change: 3.10


South Africa not the gateway to Africa, warns research house 

By: Irma Venter     18th June 2019 South Africa is not, as is so often punted, the gateway to Africa, says Africa House director Duncan Bonnett – this is a mere “influence illusion”. The country is more a gateway to Southern African, and not even all of that. 

Event will address challenges facing African rail industries

By: Jessica Oosthuizen     14th June 2019 Several challenges face Africa’s rail industries, and global events company Terrapinn will host the twenty-second annual Africa Rail exhibition and conference, which aims to tackle these challenges. Terrapinn business development manager Athena Maharaj tells Engineering News that there is a... 

Health club receives net zero waste rating

By: Mc'Kyla Nortje     14th June 2019 Through rigorous waste reduction, separation and recycling on site, and the assistance of net zero-accredited professionals Ecolution Consulting, Health Club Virgin Active Constantia, in Cape Town, achieved a Net Zero Waste certification from the Green Building Council of South Africa.... 

Seize the opportunity

By: Terence Creamer     14th June 2019 In early May, South African Federation of Trade Unions (Saftu) general-secretary Zwelinzima Vavi surprised many when he described the transition from coal to renewable energy was “inevitable”. Now, Vavi would argue that his statement should astonish nobody, given that Saftu’s official stance had... 

Top trends energising Africa’s power sectors

By: Creamer Media Reporter      12th June 2019 An optimal energy mix for Africa relies on a variety of generation technologies. In fact, in a 2015 report McKinsey estimated that if every country in Africa had to build to meet their current electricity demand, the region would require about $490 billion of capital for new generating capacity –... 

Zambian government has no plans to seize First Quantum assets – sources 

By: Reuters     11th June 2019 Zambia has no plans to seize the assets of First Quantum Minerals and the copper producer intends to stay in the country despite the government's move to wrest control of a rival miner, government and industry sources told Reuters. Canadian-listed First Quantum has looked on nervously as the... 

Russia’s latest great game in Africa: energy

By: African News Agency      10th June 2019 Vladimir Putin has made no secret of his intention to return Russia to its previous glory as a world power by all means available to him, not least of which has been military aggression such as in Crimea. But on the African continent, where Russia has no colonial hangover like Europe or the... 

Anglo’s South African units confirm integrity of tailings dams 

By: Marleny Arnoldi     7th June 2019 The JSE-listed subsidiaries of global miner Anglo American have confirmed the structural integrity of their tailings dams, in line with a global call for better disclosure about tailings storage facilities (TSFs). Anglo American Platinum (Amplats) operates nine mineral residue facilities, of... 

Tongaat’s shares fall as it announces plans to restate 2018 financial statements  

By: Tasneem Bulbulia     31st May 2019 JSE-listed Tongaat Hulett's share price on the JSE fell by nearly 10% on Friday afternoon after it announced that it would have to restate its financial statements for the financial year ended March 31, 2018, as a strategic and financial review had revealed “past practices which are of... 

Bravura to spend over $50m to explore for platinum in Zimbabwe

By: Reuters     31st May 2019 Bravura Consortium will spend more than $50-million to explore for and mine platinum in Zimbabwe, the Southern African country's mines minister said on Friday, after both parties signed the agreement. Zimbabwe is seeking to quickly exploit its reserves of platinum, which is in growing demand for... 

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