Eastern Cape Premier outlines practical measures to mitigate against further auto company losses

As the automotive industry starts to experience the negative effects of US import tariffs and a possible additional 10% import tariff on BRICS+ countries in future, Eastern Cape Premier Lubabalo... 

Influx of global pressure necessitates faster transformation in auto industry

Amid external pressures on South African automotive vehicle and component manufacturers making it difficult to remain competitive, the industry is also faced with other development imperatives such... 

Cummins South Africa on track to rebuild 120 engines at Midrand centre this year

Integrated power solutions company Cummins South Africa is on track to rebuild 120 engines this year at its Master Rebuilt Centre (MRC), in Midrand. The facility has the capacity to rebuild 14... 

Mashatile confident auto sector can leverage new opportunities amid ongoing negotiations with the US

Addressing delegates at the National Association of Automotive Components and Allied Manufacturers’ (NAACAM’s) 2025 Show, in Gqeberha, on August 14, Deputy President Paul Mashatile acknowledged... 

Experts call for more assertive, structured solutions to retain auto competitiveness

While automotive production in South Africa has largely recovered to pre-Covid-19 levels, it remains well below the South Africa Automotive Masterplan (SAAM) target of 900 045 vehicles being... 

Tau outlines govt response to automotive sector challenges

Trade, Industry and Competition Minister Parks Tau has said the National Association of Automotive Component and Allied Manufacturers (NAACAM) is hosting its 2025 Show, in Gqeberha, at a defining... 

Ramaphosa invites nominations for new PCC commissioners

President Cyril Ramaphosa has called for new public nominations for members of the Presidential Climate Commission (PCC). The PCC, as a multi-stakeholder advisory body, facilitates social... 

Premier progresses Zulu plant optimisation

London-listed Premier African Minerals says the commissioning of a second phase of the Zimbabwe-based Zulu lithium and tantalum project’s processing plant is progressing on schedule, including... 

Petra announces notes, debt refinancing and lower yearly revenue

London-listed Petra Diamonds has advised of a refinancing endeavour it aims to have completed before the end of the year. The company has, over the past 18 months, been focused on internal... 

Thungela warns of lower interim earnings amid tough market conditions, restructuring costs

JSE-listed coal miner Thungela Resources has advised that both its headline earnings per share (HEPS) and earnings per share (EPS) for the six months ended June 30 will be between R7.42 and R8.12... 

Commodity-dependent countries are missing out on fiscal benefits of value-addition – Unctad

While commodities are a vital engine for global trade, it is value addition that holds the key to more diverse and resilient economies, says United Nations Trade and Development (Unctad). The share... 

Transnet is becoming a national strategic asset worth investing in – Ninety One

Global investment manager Ninety One says State-owned entity (SOE) Transnet’s turnaround signals a new era for South Africa’s logistics and infrastructure investment. With reforms under way and... 

CESA announces finalists for Aon Engineering Excellence Awards

Industry body Consulting Engineers South Africa (CESA) has announced the finalists of the 2025 Aon Engineering Excellence Awards, which honour outstanding projects, organisations and individuals... 

Barrick Gold reaches ‘safe closure’ of 13 tailings sites, aims to close five more soon

NYSE- and TSX-listed gold miner Barrick Mining Corporation has fulfilled its commitment to provide disclosure on its tailings facilities, in accordance with the Global Industry Standard on Tailings... 

Kodal readies Bougouni site for first exports of stockpiled spodumene concentrate

While Aim-listed Kodal Minerals continues to finalise the requirements for an export permit in Mali, large stockpiles of spodumene concentrate are mounting on site at its Bougouni lithium project.... 

New CEO appointed for Anglo American-backed green steel venture PeroCycle

Anglo American-backed industrial decarbonisation venture PeroCycle has appointed Grant Budge CEO. This coincides with the opening of a £4-million seed round to fund pilot deployment of PeroCycle’s... 

Petrol price to decrease by 28c, but diesel prices to increase by more than 60c

Mineral and Petroleum Resources Minister Gwede Mantashe has announced that the price of Petrol 93 and 95 will decrease by 28c/ℓ, while the prices of diesel 0.05% and 0.005% sulphur will increase by... 

TymeBank outlines economic indicators that can assist SMEs with business planning

Digital bank TymeBank says various international and local factors are affecting South African small- and medium-sized enterprises (SMEs) in both positive and negative ways. Ahead of more economic... 

First Quantum secures long-term capital through gold streaming agreement

TSX-listed First Quantum Minerals has entered into a gold streaming agreement with RGLD Gold, with First Quantum to receive a $1-billion upfront cash payment in exchange for gold deliveries... 

Gold Fields foresees 203% interim headline earnings rise

JSE-listed Gold Fields expects to report at least a 203% year-on-year increase in headline earnings per share (HEPS) to between $1.09 and $1.21 for the six months ended June 30. The company... 

Heraeus says prolonged high gold prices lower jewellery demand in key regions

Refinery services provider Heraeus finds in its latest precious metals appraisal that Chinese gold jewellery consumption has reduced owing to high prices – similar to what has happened in India.... 

Goldplat’s full-year results hampered by forex losses in Ghana

Aim-listed gold recovery company Goldplat has advised that, despite an excellent operational performance for the three months ended June 30, the company results for the full 12 months to June 30... 

Agri SA wants skilled technical experts to lead new trade negotiations

Industry body Agri SA has reiterated its urgent call on various government departments to intensify efforts to negotiate an exemption for South Africa in respect of a 30% import tariff imposed by... 

Used-vehicle import bans could stimulate meaningful manufacturing demand in Africa – GIBS professor

Should African countries take a policy decision to ban pre-owned vehicle imports, an additional two-million new vehicles could be sold on the continent, which would warrant investment into new... 

Mining Cost Index shows cost pressure easing

In line with the general inflation trend in South Africa, mining input cost pressures remain well under control, with the latest data, including labour costs, showing a 1.1% year-on-year increase... 

MC Mining reports higher quarterly production at Uitkomst ahead of turnaround efforts

Coal miner MC Mining has noted a 3% quarter-on-quarter improvement in run-of-mine (RoM) coal production at its Uitkomst colliery to 104 129 t in the quarter ended June 30. Compared with the same... 

Enpower awarded import/export licence for energy trading in SADC

The National Energy Regulator of South Africa (Nersa) has granted energy trading company Enpower Trading an electricity import and export licence. Enpower says this marks a pivotal step in... 

Cummins South Africa on track to rebuild 120 engines at Midrand centre this year

Integrated power solutions company Cummins South Africa is on track to rebuild 120 engines this year at its Master Rebuilt Centre (MRC), in Midrand. The facility has the capacity to rebuild 14... 

Cutifani to chair Global Tailings Management Institute

The new established Global Tailings Management Institute (GTMI) has appointed Mark Cutifani chairperson and Vicente Mello deputy chairperson. Cutifani is a mining industry stalwart, having led... 

Better season for sugarcane, but lower sales threats loom

Local sugarcane growers are expecting a significantly improved harvest this season, following a rebound in rainfall after last year’s drier-than-normal conditions, says industry body SA... 

Solidarity notes difficult conditions FlySafair pilots have been subjected to

Trade union Solidarity has clarified in an open letter addressed to the public that the dispute between airline FlySafair and its pilots has been long coming and that the recent strike by the... 

Nordex takes in more interns to service wind farms in future

Nordex Energy South Africa has inducted a new group of interns into its national wind power internship programme, as part of its commitment to skills development and youth employment. This follows... 

Global Tailings Management Institute to be established in South Africa

Mining and metals advocacy group ICMM has advised that its member companies will publish their progress in conforming with the Global Industry Standard on Tailings Management (GISTM) by August 5.... 

Sylvania achieves record yearly production of 81 000 oz

Aim-listed platinum group metals (PGM) producer Sylvania has reached a new record yearly production of 81 002 oz of platinum, palladium, rhodium and gold for the financial year ended June 30.... 

South Africa secures €500m KFW loan to advance the just energy transition

The German Society for Cooperation, or GIZ, has, through KFW Development Bank, concluded a €500-million loan for the implementation of South Africa’s Just Energy Transition (JET). The loan will... 

Tyre recycler Mathe Group says devulcanisation can enhance circularity, product value

KwaZulu-Natal-based tyre recycling company Mathe Group says the introduction of an operational large-scale devulcanisation plant could open up new markets for recycled rubber in manufacturing and... 

Kenmare confirms all upgrade equipment for WCP A plant now on site

London-listed Kenmare Resources has confirmed the safe delivery of a second high-capacity dredge on site at its Moma Titanium Minerals mine, in Mozambique. The company bought two new dredges as... 

Pensana progresses Longonjo development, starts exploration on nearby deposit

London-listed emerging rare earths miner Pensana has advised that construction of the Longonjo mine, in Angola, is progressing on schedule and within the overall capital cost envelope of... 

Private spend still lags in major public infrastructure projects

Only 2% of Infrastructure South Africa’s (ISA’s) pipeline of projects will be delivered as part of public-private partnerships (PPPs), an issue the ISA says is being addressed by reforms to improve... 

Thousands of citrus cartons, hectares at stake if US tariff is not renegotiated

With the US import tariff of 30% on goods from South Africa to take effect by the end of the week, the citrus industry stands to lose between 500 ha and 1 000 ha, that will simply become...