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Port of Richards Bay
Port of Richards Bay
Grindrod selected as preferred bidder for Port of Richards Bay container facility
Updated 16 minutes ago By: Terence Creamer

South Africa’s Transnet National Ports Authority (TNPA) has appointed Grindrod South Africa as the preferred bidder to develop and operate a container handling facility at the Port of Richards Bay, in KwaZulu-Natal. The appointment is in line with... 


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South African aircraft maintenance company to set new record this year for heavy checks
19th June 2024 By: Rebecca Campbell

South African aircraft maintenance, repair and overhaul (MRO) concern, ExecuJet MRO Services South Africa, announced on Wednesday that it was on course to establish a new company record for... 


Sanea appoints Msimanga as secretary-general
19th June 2024 By: Sabrina Jardim

The South African National Energy Association (Sanea) has appointed Xolile Msimanga as its new secretary-general, succeeding Wendy Poulton, who stepped down from the role, but remains on the board... 


A solar park in South Africa
WEF Energy Transition Index at its highest ever, but global progress slowing
19th June 2024 By: Schalk Burger

The global energy transition to a more equitable, secure and sustainable energy system is still progressing, but has lost momentum in the face of increasing uncertainty worldwide, international... 


Solar panels and wind turbines
Only 40% of developing-country utilities are financially sustainable, World Bank warns
19th June 2024 By: Schalk Burger

The majority of electric utilities in developing countries are ill-equipped to meet growing demand for power and add more renewable energy into the grid, thereby hindering global energy transition... 


Companies collaborate to enhance solar PV compliance, recycling practices
19th June 2024 By: Sabrina Jardim

In a bid to champion extended producer responsibility compliance and solar PV recycling practices, producer responsibility organisation (PRO) Circular Energy has embarked on a strategic partnership... 


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Namibia to have its own satellite tracking and data reception facility
19th June 2024 By: Rebecca Campbell

The development of a satellite ground segment complex in Namibia has been approved by the Namibia Infrastructure Development and Investment Fund (NIDIF) management enterprise, Eos Capital. The... 


Errol Smart
South Africa now a compelling world investment story, upbeat Orion highlights
19th June 2024 By: Martin Creamer

“The sun is finally shining on us,” an upbeat Orion Minerals CEO Errol Smart enthused during an Australia/South Africa webinar on Wednesday, when he outlined how South Africa has become one of the... 


Rhinos
South Africa sets target for resuming global rhino-horn trade
19th June 2024 By: Bloomberg

South Africa, where 79% of the world’s rhinos live, said it aims to come up with a plan by the end of 2030 to dismantle an almost half-century ban on trading the endangered animals’ horns. The... 


Richards Bay Minerals GM for Growth Strategy Bradley Reddy.
Fast-greening Richards Bay Minerals now eyeing on-site renewables, storage, aggregation
19th June 2024 By: Martin Creamer

Energy-intensive Richards Bay Minerals (RBM), which consumes an average of 1.8 terawatts of power a year, was able to secure its latest 140 MW wind energy power purchase agreement (PPA) in six... 


Corobrik sets out plans for its Rietvlei operations
Corobrik sets out plans for its Rietvlei operations
19th June 2024

Brickmaker Corobrik has outlined its plans for accessing prime clay at its Rietvlei operations, assuring that while it needs to remove coal deposits, it has no intention of becoming a coal... 


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Latest Cesa survey highlights urgency of joint public, private effort on infrastructure
18th June 2024 By: Tasneem Bulbulia

Consulting Engineers South Africa (Cesa) on Tuesday released its Bi-Annual Economic and Capacity Survey (BECS) findings, revealing a stark 22% decline from July to December of 23, marking the... 


Stock surge hints at sentiment turn after election
18th June 2024 By: Bloomberg

South Africa’s stock benchmark rallied the most this year, suggesting investors are turning positive on the nation’s equities after the longest daily streak of outflows in three years. The rand and... 


Biotech startup closes latest funding round, bringing total to R24.5m
18th June 2024 By: Schalk Burger

Stellenbosch-based biotechnology start-up Immobazyme has successfully closed its latest funding round, bringing its total investment to R24.5-million. The new injection of capital will enable the... 


Flashback to the listing of Southern Palladium on the Johannesburg Stock Exchange two years ago.
Southern Palladium remains committed to advancing Bengwenyama project
18th June 2024 By: Martin Creamer

The completed prefeasibility study (PFS) drilling campaign for the Bengwenyama platinum group metal (PGM) project, on the eastern limb of South Africa’s distinctively endowed Bushveld Complex, is... 


Image of Telkom signage on building
Telkom achieves stronger 2024 financial results
18th June 2024 By: Natasha Odendaal

JSE-listed Telkom on Tuesday posted an improvement in its financial results for the year ended March 31, 2024, supported by its next-generation offerings and cost-optimisation efforts. The group... 


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Magazine round up | 14 June 2024

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

FUNDING APPETITE: The Asian Infrastructure Investment Bank (AIIB), which is headquartered in Beijing, plans to invest $1-billion in projects across Africa, where only 4% of the $52-billion it has financed since its inception eight years ago has been directed. AIIB president Jin Liqun reports it has a pipeline of seven projects in Africa, which it is seeking to build further, while there is also interest from African members to issue Panda bonds. Photograph: Bloomberg
FUNDING APPETITE

The Asian Infrastructure Investment Bank (AIIB), which is headquartered in Beijing, plans to invest $1-billion in projects across Africa, where only 4% of the $52-billion it has financed since its... 

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South Africans must vociferously demand fruitful public-private economic collaboration

The South African people must go all out for force the public and private sectors to collaborate fully in growing our economy. Jobs, jobs and more jobs must be the demand of South Africa’s... 

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Reality check

Regardless of composition, there are certain realities that South Africa’s new government cannot avoid. The first is an unemployment rate so high that, unless it is reduced materially, there is no... 

Business Leader

Zinhle Simamane, CFO: International Business at Traxtion
Zinhle Simamane

This week we profile Zinhle Simamane, CFO: International Business at Traxtion, a provider of freight and rail services across the African continent 

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COALITION ANGST

Coalitions were always the most likely scenario for a country that selects political representatives using a system based on proportional representation. Nevertheless, actually moving from a... 

Showroom

Booyco Electronics
Booyco Electronics

Booyco Electronics, South African pioneer of Proximity Detection Systems, offers safety solutions for underground and surface mining, quarrying,...

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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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Booyco Electronics
Booyco Electronics

Booyco Electronics, South African pioneer of Proximity Detection Systems, offers safety solutions for underground and surface mining, quarrying,...

VISIT SHOWROOM 
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...

VISIT SHOWROOM 

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