Tongaat appoints new CEO to support final phase of business rescue transition

Sugar producer Tongaat Hulett has appointed Gavin Dalgleish CEO, with effect from June 1, to support the final phase of the company’s business rescue transition. “This appointment marks a... 

Rainbow says work at Johannesburg laboratory progressing well

After being in operation for about three months, London-listed Rainbow Rare Earths says work at its laboratory, in Johannesburg, is progressing well. The company notes that the laboratory is... 

Rome starts maiden mineral resource estimate work at DRC project

Aim-listed Rome Resources has engaged with consulting firm the MSA Group to complete a maiden mineral resource estimate (MRE) for its Bisie North project, located in North Kivu province of the... 

ReElement Technologies secures anchor investment from Novare Holdings

Nasdaq-listed American Resources Corporation has, through its holding in ReElement Technologies Corporation – a US innovator in rare earth element (REE) and critical mineral refining – secured a... 

Industry partners launch Logistics Accountability Score

In response to the freight logistics reform initiatives under the National Logistics Crisis Committee (NLCC), logistics industry organisation the Southern Africa Freight Forwarders Association... 

ACTOM's LH Marthinusen division launches R32m industrial fan factory

Transformer manufacturer LH Marthinusen (LHM), a division of electromechanical equipment manufacturer ACTOM, has launched its new R32-million industrial fan production facility, in Germiston,... 

Local company recognised as top 50 fastest-growing women-owned/led company globally

Recognised by JP Morgan Chase and the Women Presidents Organization (WPO) as one of the top 50 fastest-growing women-owned/led companies globally, South African engineering and development company... 

Hyprop to issue shares for cash, seeks to acquire shares in MAS

JSE-listed property company Hyprop has evaluated acquiring a controlling shareholding in commercial property investor and operator MAS, pursuant to a conditional voluntary bid process. The company... 

Critical Mineral Resources signs JV for Morocco copper and silver project

London-listed Critical Mineral Resources (CMR) has signed a formal agreement with an unnamed partner to earn into a high-quality copper/silver project, in central Morocco. The company says it has... 

Blencowe receives further $500 000 grant funding

London-listed Blencowe Resources has received the latest disbursement of $500 000 from the US International Development Finance Corporation (DFC), taking total funds received under the overall... 

PepsiCo enhances sustainability measures at Isando factory

Food and beverage corporation PepsiCo South Africa has described its Isando facility, in Gauteng, as a “beacon of sustainable innovation”, boasting an on-site anaerobic digestion plant that... 

Panel discusses importance of ecological infrastructure in combatting climate change

In acknowledgement of International Day for Biological Diversity, on May 22, the Council for Scientific and Industrial Research (CSIR), an entity of the Department of Science, Technology and... 

Transnet welcomes R51bn guarantee facility

State-owned Transnet has welcomed Transport Minister Barbara Creecy’s announcement of a R51-billion government guarantee facility to support its sustainability and long-term growth. Creecy this... 

SA Canegrowers welcomes no increase in sugar tax

Industry body SA Canegrowers says it welcomes the decision by Finance Minister Enoch Godongwana not to enact any further increases in the Health Promotion Levy – or sugar tax – in his latest... 

Sovereign signs power supply MoU

ASX-listed Sovereign Metals has entered into a nonbinding memorandum of understanding (MoU) with the Electricity Supply Corporation of Malawi (ESCOM) to ensure the long-term supply of electricity... 

Steenkampskraal mine initiates site refurbishment, on-site laboratory construction

Rare earth minerals miner Steenkampskraal Monazite Mine (SMM) has launched a new phase of its development, with the start of construction on a new on-site laboratory and a comprehensive... 

Carbon tax policy signals shift in climate, energy landscape – Scatec

With South Africa’s revamped carbon tax policy due to come into effect in 2026, the country’s climate and energy landscapes are expected to undergo a decisive shift, says renewable-energy firm... 

PIC supports Daybreak Foods business rescue process, announces reconstituted board

The Public Investment Corporation (PIC) says it supports the decision of the board of Daybreak Foods to place the company under business rescue. “The PIC, a major creditor and shareholder of... 

Giyani ships battery-grade manganese to potential offtakers

TSX-listed Giyani Metals has made the first shipment of high-purity manganese oxide (HPMO) samples, from its demonstration plant in Johannesburg, to multiple potential offtakers for testing and... 

Grizzly emerald auction generates $24.8m in revenue

Rough emerald producer Grizzly Mining generated revenue of $24.8-million from its latest international emerald auction held in Dubai, in May. The auction included medium- to high-grade rough... 

Astec showcases benefits of modular plants

As a local manufacturer of modular solutions, including screens, jaw crushers and cone crushers, multinational original-equipment manufacturer (OEM) group Astec Industries notes that there are... 

GE Vernova modernises Sasol's Secunda power plant in South Africa

Energy equipment manufacturing company GE Vernova has successfully completed the modernisation of global energy and chemical company Sasol’s Secunda power plant, in Mpumalanga. The modernisation... 

Global centre launched to tackle global mining, quarrying safety challenges

Lloyd’s Register Foundation, the global safety charity, has launched its new Global Safety Evidence Centre, backed by a £15-million investment over ten years.   

Growthpoint hosts eight thriving beehives at Woodlands Office Park

JSE-listed real estate investment trust (Reit) Growthpoint Properties has noted that South Africa is facing a serious shortage of bees, beekeepers and secure forage sites – conditions that are... 

SA Harvest adds new trucks to boost food rescue logistics

SA Harvest, the food rescue and hunger relief organisation driving systemic solutions to food insecurity, has expanded its national fleet with the addition of several new trucks, including a... 

SAVCA CEO steps down, interim executive director appointed

The Southern African Venture Capital and Private Equity Association (SAVCA) has announced the departure of CEO Tshepiso Kobile, who is leaving to pursue new professional opportunities. To ensure... 

Canyon shareholder to invest further $24.5m for bauxite project development

ASX-listed Canyon Resources has received notice that a major shareholder Eagle Eye Asset Holdings (EEA) intends to exercise 350-million options, providing a $24.5-million investment in Canyon for... 

Tharisa warns of lower interim earnings

South African- and London-listed Tharisa expects its basic earnings per share (EPS) for the six months ended March 31 to be between $0.02 and $0.03 a share. This is a decrease of 76.6% to 84.3%... 

Jobs Fund to back South Africa’s green, informal enterprises

The Jobs Fund has launched a new funding round aimed at supporting innovative solutions that address critical employment barriers in South Africa’s green and informal economies. Previous funding... 

SA manufacturers mull ways to navigate fast-changing global trade environment

The South African manufacturing sector continues to face pressures associated with weak domestic growth and infrastructure backlogs, which are being exacerbated by intensifying global headwinds... 

SA manufacturers mull ways to navigate fast-changing global trade environment

The South African manufacturing sector continues to face pressures associated with weak domestic growth and infrastructure backlogs, which are being exacerbated by intensifying global headwinds... 

Growthpoint bolsters logistics portfolio with completion of Arterial Industrial Estate

JSE-listed real estate investment trust (Reit) Growthpoint Properties has completed Phase 2 of the Arterial Industrial Estate, in Cape Town, reaching another milestone in its ongoing strategy to... 

Colloquium participants discuss future of fleet management amid new technologies

Amid technological transformation and evolving business, fleet management is a more complex and, consequently, critical sector to prioritise. This was the topic of discussion at the inaugural... 

West African Resources begins mining, crushing at Kiaka

ASX-listed West African Resources says construction of the Kiaka gold project, in Burkina Faso, continues to progress on time and on budget for first gold production in the third quarter of this... 

Reserve Bank approvals nudge Neo Energy’s Beisa uranium buyout forward

The South African Reserve Bank (SARB) has granted key approvals needed for Neo Energy Metals subsidiary Neo Uranium Resources South Africa (Nursa) to acquire the Beisa uranium project from... 

Exxaro strengthens diversification through R11.67bn acquisition of manganese assets

JSE-listed Exxaro Resources has entered into binding agreements to acquire shares and claims in manganese assets held by Ntsimbintle Holdings and OM Holdings in a "transformational" R11.67-billion... 

New Frontiers Research Award recognises integration of atmospheric science, oceanography

The Oppenheimer Memorial Trust (OMT) has awarded its New Frontiers Research Award to University of Cape Town Oceanography associate professor Dr Katye Altieri. The New Frontiers Research Award... 

Macpherson signs pilot project MoUs to improve municipal infrastructure delivery

Public Works and Infrastructure Minister Dean Macpherson, on May 9, signed three memoranda of understanding (MoUs) with the Metsimaholo local municipality, in the Free State, the uMngeni local... 

De Beers, Raizcorp welcome new cohort to diamond beneficiation project

De Beers Group, in partnership with business incubation company Raizcorp, has launched the third intake of the Enterprise Development Project for Diamond Beneficiators, aimed at supporting and... 

Ivanhoe’s mining crews enter Flatreef orebody after 30 years of efforts

TSX-listed Ivanhoe Mines executive co-chairperson Robert Friedland and president and CEO Marna Cloete have reported that mining crews have driven underground development into the high-grade...