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Another 124 power plants registered with Nersa raising total to 1 087 since 2018
23rd February 2024 By: Terence Creamer

The National Energy Regulator of South Africa (Nersa) reports that a further 124 generation facilities were registered during the third quarter of its financial year from October to December, increasing the number of facilities registered since... 


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OATC representative Gary Concar
OATC celebrates tenth anniversary, highlights importance of offshore safety
23rd February 2024 By: Sabrina Jardim

The Offshore Africa Training Centre (OATC), in Cape Town, in the Western Cape, celebrated its tenth anniversary on February 22 and introduced a new survival training course. As South Africa moves... 


Rolls-Royce highlights its African presence, and delivers record results for 2023
23rd February 2024 By: Rebecca Campbell

UK-based global major propulsion and power systems group Rolls-Royce has highlighted its presence in Africa. It did so in parallel with the release of its full-year results for 2023. The group’s... 


Europe, Africa oil markets tighten, lending support to futures
23rd February 2024 By: Reuters

Red Sea shipping delays and Opec+ supply cuts are tightening physical oil markets in Europe and Africa as well as the Brent crude market structure, lending further support to oil futures prices,... 


The production of steel
Global steel output down 1.6% y/y in January
23rd February 2024 By: Creamer Media Reporter

Global crude steel production for the 71 countries reporting to the World Steel Association (worldsteel) decreased by 1.6% year-on-year to 148.1-million tonnes in January. The world's biggest steel... 


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

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


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Proposed reforms to PPP framework to accelerate infrastructure delivery welcomed
22nd February 2024 By: Terence Creamer

There has been positive, albeit cautious, reaction to the reforms announced by Finance Minister Enoch Godongwana to improve infrastructure financing and delivery and attract private sector... 


Private rail network investment expected to focus on bulk freight at first – Traxtion
22nd February 2024 By: Schalk Burger

Private rail operator Traxtion expects the first investment into private freight train capacity to be announced later this year and to be focused on the bulk freight sectors. This is excellent for... 


CBE showcases Built Environment National Logbook prior to launch
22nd February 2024 By: Tasneem Bulbulia

The Council for the Built Environment (CBE) – an entity of the Department of Public Works and Infrastructure (DPWI) – on February 22 held a pre-launch activation event to showcase and encourage... 


Tiger Brands pursues efficiency after sales volumes shrink
22nd February 2024 By: Reuters

Tiger Brands, South Africa's biggest food producer, is reviewing spending and the number of brands it sells, it said on Thursday, after inflation drove consumers to buy less, knocking its revenues... 


Mondi reports lower Ebitda, concludes exit from Russia
22nd February 2024 By: Sabrina Jardim

Paper and packaging group Mondi achieved underlying earnings before interest, taxes, depreciation and amortisation (Ebitda) of €1.2-billion for the year ended December 31, 2023, compared with... 


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Eskom insists downward EAF slide has been ‘arrested’ amid Stage 4 loadshedding
Eskom insists downward EAF slide has been ‘arrested’ amid Stage 4 loadshedding
22nd February 2024 By: Terence Creamer

Eskom insists the performance of its unreliable generation fleet is on an improving trajectory, releasing a graphic-heavy statement on February 22 disputing a recent report stating that its... 


Image of the MV Mpungu
Lake Victoria freight vessel aims to cut travel time by up to three days
22nd February 2024 By: Irma Venter

The Mpungu freight vessel has made its debut on Lake Victoria, in East Africa. The Mpungu will be Lake Victoria’s first scheduled roll-on/roll-off freight vessel, addressing the need for a reliable... 


Tsubame decentralised ammonia manufacturing
Heraeus gets behind sustainable Japanese ammonia developer
22nd February 2024 By: Marleny Arnoldi

German technology group Heraeus has invested in a Japan-based startup called Tsubame BHB, which has been developing an efficient technology for decentralised ammonia production. Ammonia is an... 


Transition to the green economy offers great opportunities for women, but problems remain
22nd February 2024 By: Rebecca Campbell

The move to a green economy is a move to a more feminine economy, affirmed KD Strategies founding director Katnisha Singh on Thursday. She was participating in a panel discussion at the Women in... 


A farm with irrigation equipment
Innovative interventions needed to turn around underperforming growth trajectory – Agbiz
22nd February 2024 By: Schalk Burger

Against the backdrop of a profoundly challenging macroeconomic environment where South Africa’s economy is expected to continue underperforming, averaging at 1.6% growth in the next three years,... 


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Magazine

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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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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Rittal
Rittal

Rittal is a world leading provider of top-quality integrated systems for enclosures, power distribution, climate control, IT infrastructure and...

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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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Immersive Technologies
Immersive Technologies

Immersive Technologies is the world's largest, proven and tested supplier of simulator training solutions to the global resources industry.

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