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Outa outlines alternative to Eskom’s proposed retail tariff plan ahead of hearings
Outa outlines alternative to Eskom’s proposed retail tariff plan ahead of hearings
23rd January 2025 By: Terence Creamer

The Organisation Undoing Tax Abuse (Outa) has released an alternative to Eskom’s proposed retail tariff plan (RTP) ahead of public hearings into the plan, which proposes far-reaching changes to the residential tariff structure that some warn could... 


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Urgewald director Heffa Schuecking.
New metallurgical coal list highlights decarbonisation need beyond thermal coal exiting
23rd January 2025 By: Martin Creamer

The demand-surpassing production of metallurgical coal, in spite of the availability of environment-friendly alternatives for steelmaking in particular, is highlighted in the launch of a... 


Magazine round up | 24 January 2025
Magazine round up | 24 January 2025
Updated 2 hours 23 minutes ago

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


An image showing the King Salman International Complex for Maritime Industries and Services
Saudi Arabia highlights minerals industrialisation progress, furthers partnerships at FMF
23rd January 2025 By: Tasneem Bulbulia

As part of its Vision 2030 to diversify the economy away from a dependence on oil, Saudi Arabia has invested considerably in building the Ras al-Khair minerals industrial city, highlighted as one... 


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Reserve Bank to cut rates by 25 bps Jan 30 to 7.50% – poll
23rd January 2025 By: Reuters

The South African Reserve Bank will trim its repo rate next week by a quarter of a percentage point to 7.50% and repeat that in March, but then delay its final 25 basis point cut of the cycle to... 


World Economic Forum sign
Thirteen new clusters join WEF initiative for reduced carbon emissions, economic growth
22nd January 2025 By: Marleny Arnoldi

Thirteen new industrial clusters, from Australia, Brazil, Colombia, India, the Netherlands, Saudi Arabia, Sweden, Thailand and the UK have joined the World Economic Forum’s (WEF’s) Transitioning... 


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WEF calls for ‘constructive optimism’ amid global tensions
22nd January 2025 By: Darren Parker

Addressing a gathering of global leaders on January 21, World Economic Forum (WEF) founder and chairperson Klaus Schwab called on the global community to embrace "constructive optimism", urging... 


PwC Africa CEO Dion Shango
More optimistic CEOs drive tech adoption, employment globally
22nd January 2025 By: Marleny Arnoldi

Nearly 60% of CEOs expect global growth to increase over the next 12 months, which indicates a more positive outlook compared with 38% of CEOs having expected growth this time last year, and 18% of... 


Survey indicates insufficient infrastructure projects, calls for collaboration
22nd January 2025 By: Sabrina Jardim

According to the latest Graduate Professional Index (GPI) released by the Professional Provident Society (PPS), South Africa’s built environment and infrastructure sector is at a critical... 


Steel mogul Mittal, South African ministers meet on mill closures
22nd January 2025 By: Bloomberg

Indian steelmaking tycoon Lakshmi Mittal met with South African ministers in Davos this week as the country seeks to head off the planned closure of steel mills that are crucial to the local... 


An image depicting the Elias Motsoaledi gravel road upgrade project.
JDA completes Elias Motsoaledi gravel road upgrade
22nd January 2025 By: Sabrina Jardim

The Johannesburg Development Agency (JDA), a wholly owned area-based development agency of the City of Johannesburg, has completed the Elias Motsoaledi gravel road upgrade project. The project,... 


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Dr Mehran Zarrebini
Mathe Group reaches 1m tyre recycling milestone; targets further investment
22nd January 2025 By: Irma Venter

KwaZulu-Natal-based radial truck tyre recycler, Mathe Group, has processed its one-millionth radial truck tyre, bringing the total amount of rubber crumb produced for re-use in industrial and... 


South Africa warns fruit farmers against moving plants amid bud rot discovery
22nd January 2025 By: Bloomberg

Officials in South Africa, the world’s biggest exporter of citrus after Spain, discovered bud rot in commercial papaya orchards in two provinces and warned farmers to exercise caution when moving... 


Sasol's Secunda operation
Sasol plots new route to emission goal after refocusing on coal
22nd January 2025 By: Bloomberg

Sasol CEO Simon Baloyi is seeking a new path for South Africa’s second-largest polluter to reach its emissions target after doubling down on coal to run its fuel and chemicals production. The... 


Seifsa president Elias Monage
SOEs remain a vital driver of industrialisation despite recent failures – Seifsa
22nd January 2025 By: Marleny Arnoldi

Despite State-owned enterprises (SOEs) having come under great scrutiny in the last decade, they still have a critical industrialisation role to play. “Demand from SOEs still presents a massive... 


Maize crops in the Eastern Cape
Think tank warns of potential impact on South African agriculture of EU pesticide bans
22nd January 2025 By: Rebecca Campbell

South African think tank, the Bureau for Food and Agricultural Policy (BFAP), has warned that the EU’s European Green Deal strategic roadmap could pose a challenge for South African agriculture, in... 


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Magazine round up | 24 January 2025
Magazine round up | 24 January 2025

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

Chinese exports hit a record high in December as companies rushed to get goods out the door ahead of the return of President Donald Trump, who is a big tariff enthusiast. Exports rose 10.7% to $336-billion in December, driving shipments for the whole of last year to a record $3.6-trillion. Bloomberg reports that 2024 could prove one of the last high points for Chinese trade, at least directly with the US. Photograph: Bloomberg
BIG PUSH

Chinese exports hit a record high in December as companies rushed to get goods out the door ahead of the return of President Donald Trump, who is a big tariff enthusiast. Exports rose 10.7% to... 

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Everyone needs to take climate change far more seriously

Things are happening regularly that point to climate change abatement being far more urgent than many global leaders seem prepared to acknowledge. In several places, investors in insurance... 

Photo of Terence Creamer
Perfect storm?

There is every reason to expect that 2025 will be a year of disruption. It’s an expectation informed largely by the reality of widespread national political rupture, epitomised by the return of... 

Business Leader

Beyers Nel, CEO OF Harmony Gold Mining Company Limited
Beyers Nel

This week we profile Beyers Nel, CEO OF Harmony Gold Mining Company Limited since January 1, 2025 

NEW ENTRANTS: With the publication of the long-awaited Network Statement in December, a bidding process is now under way for the first rail routes that have been made available for private train operating companies. A modest 2.4-million tons has been set aside for third parties in a network that is said to have a yearly capacity of 180-million tons. Nevertheless, there is an expectation that the opening could be key to recovering rail capacity to the 250-milion-ton target.
NEW ENTRANTS

With the publication of the long-awaited Network Statement in December, a bidding process is now under way for the first rail routes that have been made available for private train operating... 

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BOVA cemented their reputation in Africa by delivering high quality engineering through their range of safety footwear. 21 years after producing...

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