GNU has made decent progress, but political instability now threatens economy

While the Government of National Unity (GNU) has made headway in several key areas, Business Leadership South Africa CEO Busisiwe Mavuso has voiced concern over the lack of progress on improving... 

World Bank warns of deepening poverty in conflict-hit economies

Conflict and instability are taking a toll on 39 affected economies, driving extreme poverty faster than anywhere else, worsening acute hunger, and pushing key development goals farther out of... 

TNPA issues RFP for Port of Ngqura terminal operator

State-owned Transnet National Ports Authority (TNPA) has issued a request for proposals (RFP) for the appointment of a terminal operator to fund, design, develop, construct, operate, maintain and... 

Barrick signs equipment deal with Komatsu for Reko Diq

Barrick Mining and Komatsu have finalised an agreement for the delivery of primary mining equipment to Barrick’s Reko Diq copper-gold project in Pakistan, starting in 2026. The $440-million deal... 

Kavango begins construction of 50 t/d gold processing plant at Bill’s Luck

LSE-listed Kavango Resources has started construction of a 50 t/d carbon in pulp (CIP) gold processing test plant at the Bill's Luck gold mine at the Hillside gold project in Zimbabwe. Further to... 

Tùsaire collection demonstrates 3D-printed platinum jewellery potential

Platinum Guild International (PGI) has highlighted the Tùsaire collection, created by Scottish-American jewellery designer Maeve Gillies using 3D-printing technology, as the first platinum-based... 

Local automakers know they need to decarbonise but lack understanding of how to manage emissions

A recent study conducted by naamsa | The Automotive Business Council and Nedbank revealed that 60% of respondents were aware of the need to decarbonise, especially in light of the EU’s Carbon... 

WGC on the warpath to digitise, standardise gold market to enhance trust, transparency

World Gold Council (WGC) CEO David Tait has highlighted how the council is addressing four major challenges in the digitisation and standardisation of the gold market, namely a lack of trust, poor... 

Zimplats says cheapest source of electricity is its own

For platinum group metals (PGMs) miner Zimplats, generating its own energy is far more cost-effective than buying power from local suppliers or importing it from across the border, CEO Alex... 

Gold mining in emerging markets has enabled Harmony’s expansion in Australian copper

The good momentum at Harmony Gold Mining Company’s South African and Papua‑New Guinean operations has enabled the company to replace ounces and grow the company. Even with the funding of the... 

Lanseria CEO announces several major airport upgrades

Lanseria International Airport, in Gauteng, is undergoing a period of transformation and forward-looking development, which will see several major upgrades to the airport’s infrastructure and... 

GoviEx expands exploration programme in Zambia

GoviEx Uranium has announced the launch of the 2025 field season at the Muntanga uranium project, in Zambia. Following four years of work that culminated in a positive feasibility study with a... 

Oriole publishes positive drill results for Mbe

Aim-listed Oriole Resources has announced further positive drill results at its 90%-owned Mbe orogenic gold project, in Cameroon, including the start of a Joint Ore Reserves Committee- (Jorc-)... 

Bill’s Luck gold resource ‘significantly bigger’ than originally thought, Kavango CEO reveals

LSE-listed Kavango Resources has discovered new gold-bearing structures at the Bill's Luck gold mine, at the Hillside project, in Zimbabwe. Kavango has been mining gold at Bill's Luck since August... 

Fedhasa welcomes announcement of online instant visa system

The Federated Hospitality Association of South Africa (Fedhasa) has welcomed the announcement by the Department of Home Affairs that South Africa’s first online instant visa system, incorporating... 

Trial production begins at Wesizwe Platinum’s processing plant

Trial production at Wesize Platinum’s processing plant at the Bakubung platinum mine, in the North West, officially began on June 18, the company has announced. The plant, designed to process both... 

Pensana signs MoU with ReElement Technologies, American Resources Corporation

Rare earths mining and processing company Pensana has signed a memorandum of understanding (MoU) with Nasdaq-listed American Resources Corporation and US critical mineral refiner ReElement... 

With funding in place, West Wits gets going on Qala Shallows development

With funding now in place through the finalisation of its recently announced $14-million placement, ASX-listed West Wits Mining is moving quickly to execute the development of the Qala Shallows... 

Bell Equipment appoints two new independent nonexec directors

JSE-listed original-equipment manufacturer Bell Equipment has appointed two independent nonexecutive directors - Shane Fitzpatrick (with effect from July 1) and Harish Ramsumer (with effect from... 

Goodwall partners with Microsoft, HP to launch youth-focused AI upskilling initiative

Skills-based social network Goodwall has joined forces with big tech firms Microsoft and HP to launch the NextGen AI Alliance, an innovative global partnership designed to equip young people with... 

Sarens does the heavy lifting at new Namibian wind farm

Heavy lifting and crane rental services company Sarens, through its South African division Sarens Siba, is working on the installation of 125 t wind turbine generators (WTGs) for the first phase of... 

Ditsobotla Cement Manufacturers Forum hands over resource centre to TVET college

Cement manufacturers Afrimat, AfriSam and Sephaku Development, collectively known as the Ditsobotla Cement Manufacturers Forum (DCMF), have officially handed over a fully refurbished and modernised... 

TPT exceeds container terminal targets for May

Transnet Port Terminals (TPT) exceeded its targets in May for the arrival, berthing and departure of vessels in line with its shipping agreements across three of its five container terminals. The... 

Grinrod’s Mbambo to join Kumba as CFO from January

Iron-ore miner Kumba Iron Ore has announced that CFO Bothwell Mazarura will be stepping down to pursue other interests after nearly eight years of service since his appointment in September 2017.... 

Africa must spend one-third of GDP to meet renewables SDG – analyst

Frontier economies, mostly located in Africa, would need to spend one-third of their GDP by 2030 to achieve renewable power generation goals under the Sustainable Development Goal (SDG) scenario,... 

Mantashe publishes changes to Minerals Bill

On June 9, Mineral and Petroleum Resources Minister Gwede Mantashe gazetted an erratum to the Mineral Resources Development Bill, initially published for public comment on May 20. The correction... 

LexisNexis launches generative AI platform to streamline work of legal professionals

Legal content and technology provider LexisNexis officially launched its generative AI platform Lexis+ AI in South Africa on June 19. The tool, which is designed to support legal professionals by... 

FDI flows into Africa rose by 75% to $97bn in 2024, Unctad report shows

The latest ‘World Investment Report’ from UN Trade and Development (Unctad) highlights a significant rebound in foreign direct investment (FDI) inflows to Africa. In 2024, foreign investment in the... 

Lack of belief in Africa’s economic prospects is holding the continent back, Mataboge says

It is not a deficit of resources that is holding Africa back but rather a deficit of belief in Africa’s prospects as a formidable player in the global political economy, African Union (AU)... 

Effective workforce management through AI integration is a key growth driver, expert says

Superior customer experience is insufficient for businesses to maintain their positioning in the market because, in the employee experience economy, effectively managing your workforce is more... 

Andrada secures additional tin supply from nearby orebody

Tin producer Andrada Mining has secured additional supply from a tin orebody at Goantagab in close proximity to the company’s operating Uis mine and processing facility, in Namibia. The orebody,... 

Central bank gold reserves surge amid global uncertainty, survey reveals

Central banks have accumulated more than 1 000 t of gold in each of the last three years, up significantly from the 400 t to 500 t average over the preceding decade, according to the World Gold... 

FDI into developing countries has dwindled to lowest levels since 2005, World Bank says

Flows of foreign direct investment (FDI) into developing economies have dwindled to the lowest level since 2005 amid rising trade and investment barriers, new research from the World Bank has... 

Mavuso admonishes Transnet for capitulating to ‘unreasonable’ union demands

Business Leadership South Africa CEO Busisiwe Mavuso has said she was “astounded” to see news last week of State-owned Transnet's capitulation to unions’ strike threats, eventually agreeing to give... 

Steel localisation should remain focused on machinery, automotive, construction industries, experts say

The main contribution from the steel value chain to South Africa’s GDP comes from machinery and automotive production, along with the construction industry. From this standpoint, maximising the... 

CSIR, Coega sign MoU to collaborate on research and development

The Council for Scientific and Industrial Research (CSIR) and the Coega Development Corporation (Coega), which is responsible for managing the Coega Special Economic Zone, in the Nelson Mandela Bay... 

Transport sector shows signs of stabilisation amid ongoing structural challenges – index

After declining for eight consecutive months to reach a revised index level of 113.5 in January, the lowest level since December 2022, the Ctrack Transport and Freight Index (TFI) increased in each... 

SABS investigation extended by one month

The conclusion of the independent investigation into State-owned South African Bureau of Standards (SABS) by private contractor TSU International – the investigative arm of international security... 

Gemfields raises $30m through rights issue

Gemstone miner Gemfields has successfully completed a fully underwritten rights issue, which was first announced on April 11. The rights issue has resulted in the issuance of about 556-million new... 

City Power calls on poor households to register for free basic electricity

The City of Johannesburg’s (CoJ’s) electricity utility City Power has called on all qualifying indigent households across Johannesburg to register for the free basic electricity (FBE) programme –...