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AECI CEO Holger Riemensperger
AECI CEO Holger Riemensperger
Amid disposals, AECI aligns internationalisation strategy to regions geared for rapid critical minerals growth
Updated 1 hour 59 minutes ago By: Terence Creamer

JSE-listed AECI, which is undergoing far-reaching restructuring to re-focus on its core mining and chemicals businesses and reduce debt, reports strong initial interest in the six noncore companies that it plans to dispose of over the coming 18... 


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Medical researcher
Gates Foundation funds African scientists searching for TB and malaria cure
Updated 2 hours 20 minutes ago By: Bloomberg

African scientists have received $7.2-million to find drugs that will help combat malaria and tuberculosis on the continent that’s the most afflicted by the infectious diseases. More than half of... 


Huawei Cloud global marketing and sales service president Jacqueline Shi
Huawei showcases AI-oriented cloud solutions
Updated 6 hours ago By: Natasha Odendaal

Huawei Cloud is accelerating the digital and intelligent transformation of industries as it presents cloud as the infrastructure of choice for artificial intelligence (AI). The company unveiled ten... 


Zero carbon aviation company demonstrates its complete system for the first time
Updated 2 hours 20 minutes ago By: Rebecca Campbell

US zero carbon-emissions aviation company Universal Hydrogen has announced that it has used one of its proprietary modular liquid hydrogen storage and transport ‘capsules’ to successfully power its... 


M&A activity in Africa may improve this year but challenges remain
Updated 28 minutes ago By: Schalk Burger

Merger and acquisition (M&A) activity in Africa experienced a sharp decline in 2023 compared with 2022, but there are signs of improvement for this year. Key factors that contributed to the... 


Unisa Enterprise, MMSEZ sign training agreement
Updated 31 minutes ago By: Schalk Burger

Commercialisation entity Unisa Enterprise (UE) and the Musina Makhado Special Economic Zone (MMSEZ) have signed a partnership agreement to develop an MMSEZ-accredited and non-accredited skills... 


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Collaboration, strategic partnerships needed to tackle infrastructure challenges
Updated 33 minutes ago By: Schalk Burger

Collaborative efforts and strategic partnerships are needed to address the pressing challenges facing the infrastructure sector, says industry association South African Institution of Civil... 


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Africa's debt to stay above pre-pandemic levels through 2025, UN official says
Updated 1 hour 20 minutes ago By: Reuters

Africa's public debt will stay above pre-pandemic levels in 2024 and 2025, with many countries still at risk of falling into debt distress as they continue to struggle to service international... 


Rand Water works to rid Vaal river of invasive plants
Rand Water works to rid Vaal river of invasive plants
Updated 3 hours ago

Rand Water has embarked on a three-pronged integrated programme to clear the invasive water lettuce currently overwhelming the Vaal River, one part of which is the release of hundreds of weevils as... 


Cleaner-fuelled Anglo ship built by Shanghai shipbuilder.
Anglo’s tenth emission-cutting ship contributing to cleaner, greener maritime industry
Updated 3 hours ago By: Martin Creamer

The contribution of diversified mining company Anglo American to a cleaner, greener maritime industry is highlighted by this week’s delivery of the last of ten emission-cutting ships. The maiden... 


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South African fashion retailers boost local production amid port delays
Updated 3 hours ago By: Reuters

South African fashion retailers are ramping up local production and using alternative sea ports and air freight to mitigate the impact of congestion at traditional ports that has caused massive... 


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The site of the proposed green hydrogen production facility
Lhyfe seeking approval for planned 20 MW green hydrogen plant in the UK
Updated 4 hours ago By: Schalk Burger

Green hydrogen development company Lhyfe is planning to build, if plans are approved, a 20 MW green hydrogen production facility in Wallsend, North Tyneside, in the UK. The proposed facility will... 


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Vodacom opposes order to pay former employee billions of rands
Updated 5 hours ago By: Bloomberg

Vodacom Group has approached South Africa’s Constitutional Court to ask for leave to appeal a ruling that it pay a former employee billions of rand in compensation for an idea he proposed more than... 


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Cesa underlines importance of collaboration in tackling infrastructure challenges
27th February 2024 By: Tasneem Bulbulia

There are myriad, well-documented challenges facing the country’s major infrastructure, ranging from the built environment to water and energy, and key to addressing this will be collaboration and... 


Ewseta CEO Mpho Mookapele
TVET colleges ‘not in a good state’ – Ewseta
27th February 2024 By: Darren Parker

South Africa’s technical and vocational education and training (TVET) colleges are not in a good state, Energy and Water Sector Education and Training Authority (Ewseta) CEO Mpho Mookapele has... 


worker doing training
Industry failure to report skills requirements undermining economic growth
27th February 2024 By: Darren Parker

The Energy and Water Sector Education and Training Authority (Ewseta) has said it cannot accurately determine critical skills needs in the sector because industry participants do not accurately... 


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Magazine round up | 23 February 2024
Magazine round up | 23 February 2024

A video round up of this week’s magazine, highlighting our cover story, features and Business Leader. 

CURRENCY CRUNCH: Zimbabwe may back its currency with gold to end exchange-rate instability, Finance Minister Mthuli Ncube announced earlier this month. “In order to manage growth of liquidity, we may link the exchange rate to a hard asset such as gold,” Ncube said in an online press briefing a week after President Emmerson Mnangagwa signalled that a revamp of the world’s worst-performing currency was under consideration. At the time of the announcement, the Zimbabwe dollar had slumped almost 50% against the US dollar this year after plunging 90% in 2023.
CURRENCY CRUNCH

Zimbabwe may back its currency with gold to end exchange-rate instability, Finance Minister Mthuli Ncube announced earlier this month. “In order to manage growth of liquidity, we may link the... 

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Junior mining fund is a start, but should not be seen as the end game

The Junior Mining Exploration Fund just launched by the Industrial Development Corporation and the Department of Mineral Resources and Energy (DMRE) is a start but must not end up as the finish.... 

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Crunch time

The consequences of policy failure in electricity are so obvious there is no need to ventilate them again. Not so for gas, however, given that they are only visible to those manufacturers that have... 

Business Leader

Jurie Wessels, founder and executive chairperson of Vanadium Resources
Jurie Wessels

This week we profile Jurie Wessels, founder and executive chairperson of Vanadium Resources, which is developing the Steelpoortdrift mine and concentrator and the Tweefontein salt roast leach plant 

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HANGING ON

HANGING ON: There was a near audible sigh of relief when ArcelorMittal South Africa announced a six-month deferral to its plan to close its loss-making long-products business. While the group sees... 

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Hannah Instruments
Hanna Instruments (Pty) Ltd

We supply customers with practical affordable solutions for their testing needs. Our products include benchtop, portable, in-line process control...

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M and J Mining
M and J Mining

M and J Mining are leading suppliers of physical support systems as used by the underground mining industry. Our selection of products are not...

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Schauenburg SmartMine IoT
Schauenburg SmartMine IoT

SmartMine IoT has been developed with the mining industry in mind, to provides our customers with powerful business intelligence and data modelling...

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Weir Minerals Africa and Middle East
Weir Minerals Africa and Middle East

Weir Minerals Europe, Middle East and Africa is a global supplier of excellent minerals solutions, including pumps, valves, hydrocyclones,...

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