Appeal suspends ECSA sanctions against engineer in George building collapse

The disciplinary sanctions imposed on engineer Atholl Mitchell by the Engineering Council of South Africa (ECSA) following the deadly George building collapse are currently suspended pending the... 

PIC calls for greater private investment to bridge Africa’s $170bn infrastructure gap

The Public Investment Corporation (PIC) has called for more investment to bridge Africa’s infrastructure gap in its second research paper, titled ‘Using Listed and Unlisted Financial Instruments to... 

B20 task force warns of global food system collapse without urgent action

The looming global food crisis is not hypothetical but a reality that needs to be urgently addressed, B20 Sustainable Food Systems and Agriculture Task Force chairperson Debra Mallowah has said.... 

Western Cape govt downgrades its economic growth ambitions following South Africa’s diplomatic fallout with the US

Following the diplomatic failures that have transpired between South Africa and the US over the past six months, along with the 30% tariffs imposed on South African exports to the US as of August... 

Kropz draws down second tranche of R30m from R200m loan facility

Aim-listed emerging African phosphate producer and developer Kropz has made its second drawdown of a R200-million loan facility that was agreed to between Kropz Elandsfontein and ARC Fund on July... 

Zambia prioritises copper output over pollution control, heightening environmental risks, BMI says

Zambia’s antipollution measures are unlikely to lead to major pollution reductions as the government continues to place a higher priority on copper output growth, BMI – a Fitch Solutions company –... 

Sacci reports improvement in business climate over short and medium term

The business climate has improved over the short term, between June and July, as well as over the medium term, from July 2024 to July this year, according to the South African Chamber of Commerce... 

Coega, Anda sign agreement to advance Alfred Nzo Industrial Park

The Coega Development Corporation (Coega) and the Alfred Nzo Development Agency (Anda) have signed a landmark service level agreement (SLA) at Coega’s offices in East London, marking a significant... 

Teke succeeds Ndlovu as FutureCoal chairperson

The Global Alliance for Sustainable Coal (FutureCoal) has appointed Seriti Resources CEO Mike Teke as its new chairperson, effective August 12, following the retirement of July Ndlovu.  As... 

Sasol expects rebound in full-year EPS

JSE-listed integrated energy and chemicals company Sasol has announced that it expects its earnings per share (EPS) for the year ended June 30, to be more than 100% higher year-on-year, at between... 

Harena raises £180 000 through subscription

London-listed rare earths company Harena Resources has raised further gross proceeds of about £180 000 through an oversubscribed subscription of 12.1-million new ordinary shares with certain... 

Jubilee board urges shareholders to approve sale of chrome, PGM ops to One Chrome

Jubilee’s board of directors has unanimously recommended that shareholders vote in favour of the proposed sale of the company’s South African chrome and platinum group metal (PGM) operations to One... 

Hindustan Zinc becomes twenty-fifth ICMM member

The world’s largest and India’s only integrated zinc producer Hindustan Zinc has joined mining and metals advocacy group ICMM as its twenty-fifth company member.  In line with the ICMM’s member... 

Dark Star secures full rights to Namibian uranium projects in $3.5m deal with Critical One

The sale of CSE-, FSE- and OTCQB-listed Critical One Energy’s uranium assets in Namibia to CSE- and FSE-listed Dark Star Minerals has officially closed, marking a significant milestone in the... 

Wesizwe CEO resigns owing to ill health

Owing to ill health, JSE-listed Wesizwe CEO Long Zou has announced that he will step down from his position effective immediately. He will also be resigning as executive director. 

Defy to invest additional R500m in SA over next five years

South African home appliance manufacturer Defy will invest an additional R500-million in its local operations over the next five years, CEO Mustafa Soylu said on July 22. Speaking at an event at... 

ECSA cancels engineer’s registration following George building collapse

The Engineering Council of South Africa (ECSA) has formally brought charges against an engineer in connection with the structural collapse of an unfinished building in George on May 6, 2024. The... 

South Africa risks new jet fuel shortage by October if urgent regulatory reforms are not made – Tshifularo

South Africa could face another jet fuel supply crisis by October unless urgent regulatory reforms are made, Fuel Industry Association of South Africa CEO Avhapfani Tshifularo has warned. Speaking... 

US lashing out because it is a declining empire – Mantashe

Mineral and Petroleum Resources Minister Gwede Mantashe has said the 30% tariffs imposed on South African exports to the US are a form of death throes aggression, alleging that it is a desperate... 

Mantashe wants all diamond producers to contribute towards collective diamond marketing efforts

After attending a high-level Ministerial roundtable in Luanda, Angola, in June, Mineral and Petroleum Resources Minister Gwede Mantashe has proposed that South African diamond producers contribute... 

US tariffs expected to have significant impact on metals, engineering sector, Seifsa warns

The 30% tariff on South African exports to the US is expected to have a significant and multidimensional impact on the South African metals and engineering sector, Steel and Engineering Industries... 

Barrick invested $48m in community projects in 2024

NYSE- and TSX-listed Barrick Mining Corporation invested more than $48-million in community-led projects in 2024 through its community development committees (CDCs), the company said in its 2024... 

West Wits advances toward production at Qala Shallows

ASX- and OTCQB-listed West Wits Mining is advancing through the mobilisation phase at its flagship Qala Shallows project, in South Africa, as the team progresses toward first gold production, the... 

Caracal enters into exclusivity agreement with Tanzanian company

LSE-listed Caracal Gold has entered into an exclusivity agreement with Tanzanian mining and exploration company Pumba Resources in respect of its portfolio of gold prospecting licence applications... 

National Treasury publishes documents in support of enhancing South Africa’s approach to disaster risk insurance

The National Treasury has published two documents on enhancing South Africa’s approach to disaster risk insurance by better using private sector participation. The documents comprise a disaster... 

Orion extends share purchase plan closing date

ASX- and JSE-listed Orion Minerals has advised shareholders that the closing date of its share purchase plan (SPP) has been extended by one week to August 12, from the original closing date of... 

Manufacturing PMI returns to growth in July amid demand rebound, but jobs and outlook weaken

The seasonally adjusted Absa Purchasing Managers’ Index (PMI) edged above the 50-point mark and recorded an expansion for the first time in nine months, increasing by 2.3 points to 50.8 in July,... 

Monakali’s appointment as CEO brings leadership stability to RSR

The Railway Safety Regulator (RSR) has appointed Brian Monakali as its new CEO, effective August 1. The appointment was approved by Cabinet and endorsed by the RSR board of directors. Following an... 

Lack of collaboration between African nations preventing critical minerals beneficiation capability

A severe lack of economic collaboration between nations is stifling Africa’s critical minerals beneficiation aspirations, expert panel members agreed during the Manufacturing Indaba, in Sandton, on... 

AMSA’s decarbonisation plans on hold while long steel crisis persists

Steelmaker ArcelorMittal South Africa (AMSA) is effectively putting its ambitious decarbonisation plans on hiatus while it figures out how to navigate the crisis surrounding the impending closure... 

B20 task force warns of global food system collapse without urgent action

The looming global food crisis is not hypothetical but a reality that needs to be urgently addressed, B20 Sustainable Food Systems and Agriculture Task Force chairperson Debra Mallowah has said.... 

Two SABS execs suspended pending investigations into alleged corruption, mismanagement

After months of whistleblower reports, investigations and lobbying, the South African Bureau of Standards (SABS) COO Lungelo Ntobongwana and chief corporate services officer (CCSO) Lizo Makele have... 

South African mining industry must not be ‘bullied' by those who impose high tariffs – Mantashe

Mineral and Petroleum Resources Minister Gwede Mantashe has urged South African miners to stand up to “bullies” by sending their minerals to countries that impose lower or no tariffs, rather than... 

Theft, vandalism crippling South African infrastructure despite Transnet gains, warns Busa

Although State-owned Transnet is on the mend, rampant theft and vandalism continue to cripple all of South Africa’s key infrastructure sectors, not just rail, posing a grave threat to the economy... 

South Africa risks new jet fuel shortage by October if urgent regulatory reforms are not made – Tshifularo

South Africa could face another jet fuel supply crisis by October unless urgent regulatory reforms are made, Fuel Industry Association of South Africa CEO Avhapfani Tshifularo has warned. Speaking... 

FLS completes major upgrade of Delmas polyurethane facility

Full flowsheet minerals processing supplier FLS has completed a significant upgrade to its polyurethane manufacturing facility in Delmas, Mpumalanga, to position the site as a key global hub for... 

Hudaco CEO pleased with company’s turnover amid ‘tough’ operating environment

Although JSE-listed industrial and automotive parts distributor Hudaco endured a difficult six months to May 31, CEO Graham Dunford is pleased that the company managed to achieve a turnover of... 

South Africa urged to maximise short-term coal gains while accelerating long-term energy transition

A temporary global hesitation to embrace the energy transition, spurred on primarily by resistance to the idea by the US, may provide short-term advantages for corporates in sectors such as coal,... 

Defy to invest an additional R500m in South Africa over next five years

South African home appliance manufacturer Defy will invest an additional R500-million in its local operations over the next five years, CEO Mustafa Soylu said on July 22. Speaking at an event at... 

ECSA cancels engineer’s registration following George building collapse

The Engineering Council of South Africa (ECSA) has formally brought charges against an engineer in connection with the structural collapse of an unfinished building in George on May 6, 2024. The...