Kefi nears funding finalisation for Tulu Kapi

Aim-listed Kefi Gold and Copper has informed shareholders that it has received sufficient expressions of interest in the EthioBonds, in alignment with an updated finance plan for the Tulu Kapi gold... 

Lundin family, Zijin Mining invest A$70m in Predictive Discovery

ASX-listed Predictive Discovery has received binding commitments from the Lundin family and associates, as well as Hong Kong-listed Zijin Mining Group, to raise almost A$70-million through a... 

SA Canegrowers calls sugar tax increase activism misguided, uninformed

While there has been renewed activism from health organisations for Finance Minister Enoch Godongwana to increase the Health Promotion Levy (HPL), or sugar tax, in this year’s Budget, industry body... 

South Africa Wine says ‘excessive’ new excise tax on alcohol will devastate wine value chain

Industry body South Africa Wine has expressed serious concerns about the potential impact on the wine industry’s sustainability and competitiveness, in response to National Treasury’s proposed... 

Tiger Brands to pay out some listeriosis victims while class action progresses

JSE-listed fast-moving consumer goods producer Tiger Brands has reached an agreement with law firms Richard Spoor Incorporated (RSI) and LHL Attorneys for advance payments to be made to some... 

Merafe mulls suspension of furnaces as ferrochrome market remains weak

JSE- and A2X-listed ferrochrome producer Merafe Resources has advised that it will review its ferrochrome smelting business and assess the potential measures through which ongoing market challenges... 

Giyani near full operation of demo manganese processing plant

TSX-V-listed Giyani Metals has started with advanced commissioning at its demonstration plant in Johannesburg. The plant will help the company produce the first battery-grade manganese from ore... 

Food inflation stable for now at 2.5%

Food inflation has improved from 7.2% in January 2024 to 2.5% in December, compared with consumer price inflation that improved from 5.3% in January 2024 to 3% in December. Although food... 

Independent Institute of Education awarded full accreditation for B.Eng degrees

South African private higher education institution the Independent Institute of Education (IIE) has received full accreditation from the Engineering Council of South Africa (ECSA). The institute,... 

WesBank urges more mechanisation in agri for max yield, climate resilience

Asset finance provider WesBank has called for greater adoption of mechanised farming as the sector grapples with multifaceted challenges including production costs, land and water scarcity,... 

Nampak completes sale of Bevcan Nigeria business

JSE-listed packaging producer Nampak has completed the disposal of its Bevcan Nigeria business to Singapore-incorporated private company Alucan Investment after six months of due process and... 

Danish bank keen on financing Greenland’s GreenRoc graphite project

Greenland-focused GreenRoc Strategic Materials has received a letter of interest from the Export and Investment Fund of Denmark (EIFO) to provide funding for the company’s Amitsoq graphite project,... 

Cybercrime again leads Allianz Risk Barometer this year

Cyber incidents, business disruption and natural catastrophes have emerged as the top three areas of concern for companies globally this year, according to the latest Allianz Risk Barometer. The... 

Resolute generates robust cash flow in 2024, but expects higher costs

Australia- and London-listed gold producer Resolute Mining says 2024 had been one of its strongest years from an operational and cash generation point of view, with operations at the Syama mine, in... 

ACG Metals appoints former US Secretary of State Pompeo as nonexec director

London-listed gold and silver miner ACG Metals has appointed Michael Pompeo as nonexecutive director. Pompeo is a former US Secretary of State, bringing to the board geopolitical and legal... 

RBM signs third PPA to procure a further 230 MW of wind power

Heavy mineral sands producer Richards Bay Minerals (RBM) has signed a third power purchase agreement (PPA) which brings its total agreed renewable energy power arrangements to 500 MW. The latest... 

Growthpoint to start construction of Olympus development ‘within months’

Following the soft launch of JSE-listed real investment trust Growthpoint Properties’ R2-billion Olympus mixed-use residential and retail development, in Sandton, Gauteng, in December, CEO Estienne... 

Better prospects ahead for South Africa’s agriculture sector, but risks remain

Following an estimated 4.8% output contraction in the agriculture sector in 2024, Bureau for Food and Agriculture Policy executive director and commodity markets manager Tracy Davids expects a... 

Rome Resources’ DRC projects unaffected by Goma invasion

Aim-listed Rome Resources has advised that its on-site activities, including drilling on the Mont Agoma and Kalayi base metal projects, in Democratic Republic of Congo (DRC), remain unaffected by... 

De Beers partners with Botswana-born Olympic medallist to drive sports investment

Diamond miner De Beers has named Botswana-born Olympic track and field gold medallist Letsile Tebogo as its global ambassador. Tebogo won a gold medal in the 200 m race at the 2024 Olympics, as... 

WFDB, others increasingly campaign for natural diamonds to drive demand

World Federation of Diamond Bourses (WFDB) president Yoram Dvash says the 2024 festive season showed some demand recovery for natural diamond jewellery, with sales having been stable. Notably, he... 

GoviEx confirms low-cost, high-value uranium economics for Muntanga project

TSX-V-listed GoviEx Uranium has announced strong feasibility study results for the Muntanga uranium project, in Zambia, confirming its low technical risk for a shallow openpit mine and heap... 

JDA starts Rea Vaya bus lane, station construction in Sandton

The Johannesburg Development Agency (JDA) has started with the Rivonia-Katherine Corridor road strengthening project, in Sandton. The project forms a vital component of the city’s Rea Vaya Phase 1C... 

Rising Chinese car sales in South Africa threaten industrialisation

While original-equipment manufacturers such as Toyota South Africa Motors (TSAM) welcome more competition in the automotive market, CEO Andrew Kirby says the influx of Chinese-brand vehicle imports... 

Expropriation Bill: AgriSA says threatened private property rights will impact investor confidence

In response to President Cyril Ramaphosa’s promulgation of the Expropriation Bill on January 23, industry body AgriSA maintains that the Bill poses a risk to private property rights, which is the... 

Regulatory barriers, limited charging networks stall EV progress despite tax incentive

Electric vehicle (EV) charging station company Zero Carbon Charge (Charge) has renewed calls for more policy support to address key barriers to electric vehicle (EV) adoption in South Africa,... 

RFA encourages careful study of Transnet network statement to avoid snags

Following Transport Minister Barbara Creecy’s approval of the publishing of the Transnet network statement, which facilities open access to South Africa’s rail network by third-party operators, the... 

G20 sets JET focus on Mpumalanga, says Seriti Green

With Mpumalanga having been selected to host the Group of 20 (G20) energy session in September next year, diversified energy company Seriti Green says the event will propel the province onto the... 

Toyota South Africa Motors shows newest models on offer, including more hybrids

South Africa’s market-leading automotive manufacturer Toyota South Africa Motors (TSAM) has unveiled new models of vehicles that will enter the market throughout the year, including more hybrid... 

Thirteen new clusters join WEF initiative for reduced carbon emissions, economic growth

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... 

More optimistic CEOs drive tech adoption, employment globally

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... 

SOEs remain a vital driver of industrialisation despite recent failures – Seifsa

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... 

Kula forms JV for exploration on Malawi nobium prospect

ASX-listed Kula Gold has formed a joint venture (JV) with an unrelated third party called African Rare Metals to apply for an exploration licence on the Wozi niobium project, in Malawi. The terms... 

Unctad says mixed foreign direct investment activity in 2024 shows shifting dynamics

Foreign direct investment (FDI) globally grew by 11% to $1.4-trillion last year, but contracted by 8% when excluding flows through European conduit economies. United Nations Conference on Trade... 

Coaltech delves into new uses for coal discards among new research priorities

Research organisation Coaltech has announced an ambitious portfolio of projects for the 2025/26 financial year, demonstrating the organisation’s commitment to sustainability, environmental... 

Rome Resources confirms wide intercepts of tin, copper at Mont Agoma

Aim-listed tin exploration company Rome Resources has confirmed significant widths of tin mineralisation from the first two of five completed diamond core drill holes on the Mont Agoma tin... 

No meaningful progress on avian influenza vaccination risks more outbreaks this year

The South African Poultry Association (SAPA) says the sector remains vulnerable to renewed outbreaks of avian influenza, particularly as many European countries and most of the US are currently... 

Deep Yellow defers final investment decision on Tumas to March 2025

Following delays in receiving final costing and quotes for detailed engineering work, ASX-listed uranium miner Deep Yellow has decided to defer a final investment decision on its Tumas project, in... 

Guinea govt grants enviro approval for Predictive’s Bankan project

The government of Guinea has approved ASX-listed Predictive Discovery’s environment- and socia-l-impact assessment on the Bankan gold project. Having issued a certificate of environmental... 

Premier African Minerals, Canmax reaffirm goal to start flotation plants at Zulu

UK-based mining and exploration company Premier African Minerals has confirmed its principal shareholder Canmax Technologies remains committed to working with the company to ensure the...