Zanaga announces $21.5m equity fundraise to advance iron-ore project

Aim-listed Zanaga Iron Ore Company has announced an equity fundraise for gross proceeds of $21.5-million, with the potential to upsize to $23-million, conducted by way of subscriptions to a group... 

Dichotomy between G20 diplomacy opportunities and strained geopolitical relations

Business Leadership South Africa (BLSA) CEO Busisiwe Mavuso has noted the dichotomy between the prestige that comes with South Africa hosting the Group of 20 (G20) summit in 2025 and the... 

If South Africa is expelled from Agoa, it should look to Chinese, African markets, Mene says

South Africa’s expected expulsion from the African Growth and Opportunity Act (Agoa) need not be a death sentence to the country’s export prospects, African Continental Free Trade Area (AfCFTA)... 

Nedbank report shows sharpest increase in fixed investment plans since 2021

The latest ‘Nedbank Capital Expenditure Project Listing’ report, published on February 13, shows the sharpest increase in fixed investment plans since 2021, reflecting a myriad of projects... 

Macpherson voices his approval of PPP regulatory easements

Public Works and Infrastructure Minister Dean Macpherson has stated his approval of Finance Minister Enoch Godongwana’s amendments to Section 16 of the Public Finance Management Act, which will... 

Tshiamiso Trust reaches R2bn in payouts to mineworkers affected by silicosis, TB

Four years since its establishment, the Tshiamiso Trust has disbursed R2-billion to former gold mineworkers and their families who have met the criteria for silicosis and work-related tuberculosis... 

Tharisa invests £1.5m in JV to develop low-emission natural gas catalysers for shipping industry

Newly formed joint venture (JV) Methanox has secured a £1.5-million investment from platinum group metals (PGMs) and chrome concentrates producer Tharisa towards accelerating methane emissions... 

DCT to take delivery of more than 100 pieces of equipment in 2025

The Durban Container Terminals (DCT) has announced that it will take delivery of more than 100 pieces of new cargo handling equipment over the course of this year. The equipment, which includes 20... 

Gauteng invites public comment on proposed rapid rail extensions that feature Soweto, Cosmo City

Members of the public have been invited to review and submit written comments on proposed route extensions detailed in the ‘Draft Route Determination Report for the Soweto Extension and Cosmo City... 

Lindian CEO steps down early as Kangankunde transitions to project delivery

ASX-listed Lindian Resources CEO Alwyn Vorster will be stepping down as CEO, effective February 28, after he and the board mutually agreed to conclude his fixed-term contract early. This comes amid... 

Loncor reports ‘encouraging’ deep drilling results at Adumbi

TSX- and OTCQX-listed Loncor Gold has announced “encouraging” drilling results from a deep drilling programme at its 3.66-million-ounce Adumbi deposit in the Democratic Republic of Congo. The... 

We must adapt to permanently 1.5 ºC warmer climate, scientist says

Global warming has not only surpassed 1.5 ºC above preindustrial levels but is also set to remain at or above that level permanently, University of the Witwatersrand Professor Francois Engelbrecht... 

Allied Gold partners with UAE investment fund to develop Mali mine

TSX- and OTCQX-listed Allied Gold Corporation has announced a strategic partnership with United Arab Emirates- (UAE-) based investment fund Ambrosia Investment Holding to help realise immediate... 

High-grade tin find at Kalayi validates Rome Resources’ play

The latest assay results from two diamond core drill holes at Aim-listed tin exploration company Rome Resources' Kalayi tin prospect, in North Kivu, in the Democratic Republic of Congo, have... 

Arkle identifies lithium in all Makgadikgadi Salt Pans samples

Aim-listed Arkle Resources says analysis has identified lithium in all 20 samples taken from a portion of its 937 km2 of licences in the Makgadikgadi Salt Pans, in Botswana. Despite lower grades of... 

ACSA approaches Gauteng High Court over stay on baggage screening equipment purchase

The Airports Company of South Africa (ACSA) has approached the Gauteng High Court for leave to appeal a judgment handed down in November last year which stopped it from implementing baggage... 

Futuregrowth agrees to R300m funding for Decentral Energy’s projects

South African energy solutions provider Decentral Energy has secured a R300-million funding commitment from specialist investment company Futuregrowth Asset Management.‍ The funding will enable... 

Ivanhoe announces new copper discovery in DRC, makes new appointments

TSX- and OTCQX-listed Ivanhoe Mines has announced a new discovery – the Makoko West extension – in the Democratic Republic of Congo (DRC). The discovery, which is part of the company’s Western... 

Nersa approves generation capacity charge, sets out other retail tariff plan changes

The National Energy Regulator of South Africa (Nersa) has approved, in principle, power utility Eskom’s application for a proposed generation capacity charge (GCC),  but adjusted to reduce the... 

Predictive Discovery confirms exploration potential of Argo area at Guinea project

ASX-listed Predictive Discovery’s latest drilling results from the Argo area of its Bankan gold project, in Guinea, has confirmed the area's potential for further exploration. On February 24, the... 

Amplats’ Tumela mine remains suspended, while the rest of Amandelbult operational following floods

Operations at JSE-listed Anglo American Platinum's (Amplats’) Amandelbult complex in Limpopo, except for the Tumela mine, have restarted following heavy rains and widespread flooding in the region.... 

A department of govt efficiency would not be a bad idea for South Africa, Weimar suggests

Following the unprecedented Budget speech debacle that played out on February 19, Nedbank chief economist Nicky Weimar has advocated for creative and ruthless cutting of wasteful government... 

Wanblad calls on African govts to be more fair-minded in mining risk-reward balance

In a mining era that requires collaboration and partnerships between the public and private sectors, Anglo American CEO Duncan Wanblad has called on African governments to adopt a more fair-minded... 

Demand for copper, nickel, rare earths, lithium to quadruple by 2040, report says

Key minerals such as copper, nickel, rare earths and lithium are on the brink of an unprecedented demand surge, projected to nearly triple by 2030 and quadruple by 2040, according to accounting... 

Business associations, trade unions welcome budget postponement but voice concern over perceived instability

The failure of the Government of National Unity (GNU) to resolve its differences over the budget is disappointing and negative for business sentiment, but it does show that the parties of the GNU... 

Hulamin says new 25% US tariff on aluminium imports likely to improve its competitiveness

JSE-listed aluminium producer Hulamin says the 25% duty on aluminium imports into the US will have no impact on its competitive position in the US market as all its competitors will be subject to... 

Govt to spend R18.4bn over next three years through various dtic incentive programmes

NTo enhance productivity, competitiveness and the green economy, government will spend R18.4-billion over the medium term to support businesses through various incentive programmes under the... 

New single structure to be established that will govern State participation in PPPs

A single structure overseen by the National Treasury will be established during the 2025/26 fiscal year to coordinate State participation in project preparation and planning, public-private... 

Additional R46.7bn funding announced for infrastructure projects

The 2025 Budget documents show that Finance Minister Enoch Godongwana planned to add an extra R46.7-billion in funding for infrastructure projects over the next three years. In his undelivered... 

Dept of Transport, Transnet to engage market on private sector participation opportunities soon

The Department of Transport and State-owned Transnet will, in the next two months, engage the market on private sector participation (PSP) projects in several areas, Finance Minister Enoch... 

Independent economic regulator will ensure fair, sustainable water management, Godongwana says

Note: This article has been written on the basis of documents provided to the media during the 2025 Budget lock-up prior to the cancellation of the Budget Speech on February 19. The National... 

Govt advanced R4bn less than projected in debt relief to Eskom last year

By March 31, government will have advanced R140-billion in debt relief to State-owned entity Eskom, Finance Minister Enoch Godongwana revealed in the 2025 Budget Review documents, which were made... 

Tau announces fund to eliminate foodborne illnesses in township shops

A fund aimed at addressing challenges linked to foodborne illnesses, particularly in township convenience stores, has been established. This was announced by Trade, Industry and Competition... 

Infrastructure slowdown in Australasia impacts on Aveng’s revenue

JSE-listed engineering-led contractor Aveng has reported an 8.1% decline in revenue to R16.6-billion for the six months ended December 31, 2024, down from R18.6-billion in the prior period. The... 

Temporary 21-day export ban only applies to artisanal gemstones, Malawi govt clarifies

Following the February 12 announcement of the placing of a temporary ban on the exports of all minerals from Malawi, the country’s Ministry of Mining has moved to clarify its position. “The... 

Tribunal greenlights R101m settlement, ending years-long legal battle between commission, Willowton

The Competition Tribunal has confirmed a consent agreement between sunflower seed crusher the Willowton Group and the Competition Commission, ending prolonged litigation between the parties since... 

Metso, UCT team’s tailings management solution wins first prize at mining innovation contest

The cross-disciplinary team of mineral processing technology company Metso and the University of Cape Town (UCT) took first place in the Mining Innovation and Research Battlefield competition held... 

Afrimat notes some improvement in conditions following tough first-half

JSE-listed mining and materials group Afrimat has warned that losses in its cement segment and a weaker-than-expected performance from its anthracite segment will mean that its results for the 2025... 

Gautrain scales up bus services between Rosebank, Park stations amid train disruptions

The Gautrain has announced a significant scale-up of its bus services between the Rosebank and Park stations as a contingency measure following the suspension of train operations between these two... 

Amplats announces internal shareholding transfer as part of restructuring

As part of the next phase of the restructuring process, Anglo American has informed Anglo American Platinum (Amplats) that additional administrative adjustments have been made. The latest...