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IDC mulls bigger AMSA stake after granting R1.68bn loan to halt longs closure for six months
IDC mulls bigger AMSA stake after granting R1.68bn loan to halt longs closure for six months
1st April 2025 By: Terence Creamer

Steel group ArcelorMittal South Africa (AMSA) has confirmed that the Industrial Development Corporation (IDC) is considering taking a larger equity stake in the JSE-listed group and will conduct a due diligence over the coming six months to assess... 


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Public Works and Infrastructure Minister Dean Macpherson
Final report on wasteful Telkom Towers project expected by end of April, Macpherson says
1st April 2025 By: Darren Parker

The final forensic report on the controversial Telkom Towers project will be delivered by the end of April, Public Works and Infrastructure Minister Dean Macpherson has revealed. In August last... 


Image of section of Vaal dam wall in Deneysville
Third sluice gate opened at Vaal
1st April 2025 By: Natasha Odendaal

The Department of Water and Sanitation (DWS) on Tuesday opened a third sluice gate at the Vaal dam to increase water outflows and manage inflows. The Vaal dam water level is currently at 107.30%,... 


Image of Altron CEO Werner Kapp
Altron celebrates sixtieth birthday with a call to rebuild Johannesburg
1st April 2025 By: Natasha Odendaal

JSE-listed Altron, celebrating 60 years of innovation, is calling for the rebuild of Johannesburg and reaffirming its commitment to the city’s future. The technology company, which is showcasing... 


Standard Bank head of sustainability Boitumelo Sethlatswe
Standard Bank sets new sustainable finance target of R450bn by 2028
1st April 2025 By: Schalk Burger

Financial services provider Standard Bank has updated its group sustainable finance targets and aims to mobilise more than R450-billion by 2028 for energy and infrastructure development on the... 


Mondi corrugated packaging
Mondi completes acquisition of Western Europe packaging facilities
1st April 2025 By: Marleny Arnoldi

JSE-listed packaging and paper producer Mondi has completed the acquisition of the Western Europe packaging assets of Schumacher Packaging. The deal effectively expands Mondi’s footprint and... 


Real Economy Graphics

Women tend to earn more in Gauteng and Western Cape
Women tend to earn more in Gauteng and Western Cape
28th March 2025

There are significant regional differences in women’s median earnings across the country, according to a Statistics SA report which tracks South Africans’ earnings between 2017 to 2022. Women in... 


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An image of the SA Tourism global brand campaign
SA Tourism launches new global brand campaign
1st April 2025 By: Sabrina Jardim

Tourism promotion agency South African Tourism (SA Tourism), on March 31, launched its latest global brand campaign titled ‘South Africa Awaits – Come Find Your Joy!’ The agency describes the... 


Nampak bottles
Nampak appoints Hood CEO, Roux to oversee new committee
1st April 2025 By: Marleny Arnoldi

Phildon Roux will step down as CEO of JSE-listed packaging producer Nampak with effect from September 30 and will be succeeded by Andrew Hood. To support a structured handover, Hood will take up... 


barley
Agbiz appoints new grain desk head
1st April 2025 By: Marleny Arnoldi

Agricultural Business Chamber (Agbiz) has appointed Dr Charl van der Merwe as the new manager of the organisation’s grain desk, succeeding Wessel Lemmer. Van der Merwe has 27 years of experience... 


Global aviation IT group announces takeover of airport interior design company
1st April 2025 By: Rebecca Campbell

Global aviation industry-owned information, communications and related technologies group SITA (not to be confused with South Africa’s State IT Agency) has announced the conclusion of its take-over... 


Luggage on a carousel at an airport
Global air passenger demand continued to rise in February
1st April 2025 By: Rebecca Campbell

Total global air passenger traffic rose by 2.6%, year-on-year (y-o-y), in February, the International Air Transport Association (IATA – the global representative body for the airline industry) has... 


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An image of petrol pumps
Lower oil price, strong rand push fuel prices lower
1st April 2025 By: Tasneem Bulbulia

Mineral and Petroleum Resources Minister Gwede Mantashe has announced a decrease in fuel prices across the board from April 2, based on current local and international factors. The price of Petrol... 


Volvo interior
US auto import tariff will not drastically impact PGM demand – WPIC
1st April 2025 By: Marleny Arnoldi

The World Platinum Investment Council (WPIC) finds in its latest Platinum Essentials publication that the US’s 25% tariff on vehicle imports from April 3 and parts from May 3 will have a 70 000 oz... 


Transmission lines
Botswana seeks new Eskom power deal as supply crisis deepens
1st April 2025 By: Bloomberg

Government officials from Botswana will meet with South Africa’s electricity ministry this week after power-import costs more than doubled, worsening a supply crisis. Breakdowns at Botswana’s main... 


Mozambique starts review of mining, oil and gas laws
1st April 2025 By: Bloomberg

Mozambique has started a process to review and modernise the southeast African nation’s legal framework for mining, oil and gas, the Ministry of Mineral Resources and Energy said Monday. The... 


Newcrest mining
As US cuts HIV assistance, South Africa turns to miners, insurer
1st April 2025 By: Bloomberg

Weeks after the administration of US President Donald Trump gutted the country’s aid programs, cancelling billions of dollars of funding used to fight HIV in Africa, mining companies and South... 


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Magazine

Magazine round up | 28 March 2025
Magazine round up | 28 March 2025

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

CONCESSION CALL: A request for proposals has been issued for companies to bid for a 25-year concession at the Port of Durban’s Maydon Wharf precinct. The precinct covers 145 ha and has 15 berths with a yearly capacity to handle over seven-million tons of cargo, including dry and break bulk, as well as small volumes of liquid bulk and containers. Photograph: TNPA
CONCESSION CALL

A request for proposals has been issued for companies to bid for a 25-year concession at the Port of Durban’s Maydon Wharf precinct. The precinct covers 145 ha and has 15 berths with a yearly... 

Photo of Martin Creamer
South Africa Inc must get cracking on EU’s platinum, green hydrogen opportunity

Last month's EU-South Africa Summit in Cape Town was a real eye-opener. It showed the depth of insight that Europe has in South Africa’s platinum group metals (PGMs) endowment, the ability of our... 

Photo of Terence Creamer
Striking the right Budget balance

There are arguably three ways to view recent developments around South Africa’s Budget process. The first, is to lament. 

Business Leader

Michael Budynkiewicz

This week we profile Michael Budynkiewicz, group human resources executive at Multotec, a manufacturer of mineral processing equipment 

BRIGHT SPOT
BRIGHT SPOT

The geopolitical tornados that arose in the run up to the US Presidential election last year have intensified in their ferocity since the inauguration of President Donald Trump. While peace talks... 

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Multotec
Multotec

Multotec, recognised industry leaders in metallurgy and process engineering help mining houses across the world process minerals more efficiently,...

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VEGA Controls SA (Pty) Ltd
VEGA Controls SA (Pty) Ltd

For over 60 years, VEGA has provided industry-leading products for the measurement of level, density, weight and pressure. As the inventor of the...

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Alco-Safe
Alco-Safe

Developed to exceed the latest EN 15964 standards for police breathalysers proving that it will remain accurate and reliable for many years to come.

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The Southern African Institute of Mining and Metallurgy
The Southern African Institute of Mining and Metallurgy

The SAIMM started as a learned society in 1894 after the invention of the cyanide process that saved the South African gold mining industry of the...

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