Libstar sells fresh mushroom operations at a loss amid portfolio simplification

Consumer packaged goods company Libstar has sold its fresh mushroom operations in Deodar, Gauteng, and Shongweni, KwaZulu-Natal, but retains ownership of the Denny brand. The company expects to... 

Wesizwe delays publication of interim results to March next year

Embattled platinum miner Wesizwe has, once again, deferred the publication of its interim financial results for the six months ended June 30 to mid-March next year. The company says it embarked on... 

Aterian partners with Lithosquare on AI-driven exploration programme

London-listed base metals miner Aterian has signed a binding heads of terms with French exploration company Lithosquare for a strategic earn-in joint venture (JV) on eight copper prospective... 

Policy Uncertainty Index eases significantly to 64.9 in the fourth quarter

The North-West University (NWU) Business School’s Policy Uncertainty Index (PUI) has eased to a level of 64.9 in the fourth quarter, compared with a record high of 81 in the third quarter. This... 

Famous Brands takes Steers, Debonairs to Malaysia

Branded food services franchisor Famous Brands has concluded master licence agreements with Mesra Retail & Café in Malaysia, paving the way for the first Steers and Debonairs Pizza branches to... 

AMCU re-elects Mathunjwa president, sets firm resolutions for next five years

The Association of Mineworkers and Construction Union (AMCU) has re-elected Joseph Mathunjwa as president of the organisation for another five-year term, alongside a new national executive... 

Neo Energy appoints finance veteran Schutte CFO and director

Uranium developer Neo Energy Metals has appointed De Wet Schutte CFO and executive director, effectively immediately. He brings to the position more than 30 years’ experience in finance,... 

Grain SA warns grain producers are taking strain over tariff decision delays

South Africa’s wheat industry faces mounting financial strain amid a prolonged delay in government’s review of the wheat import tariff, says industry body Grain SA. Many producers are already... 

Agribusiness Confidence Index ticks up to a ‘healthy’ level of 67

The Agricultural Business Chamber (Agbiz)/Industrial Development Corporation Agribusiness Confidence Index (ACI) grew by five points to 67 in the fourth quarter. This followed decreases for two... 

Experts welcome progress with renewed participatory approach to infrastructure development by govt

Public Works and Infrastructure Minister Dean Macpherson has confirmed that the Integrated Social Facilitation Framework (ISFF) that is being developed as a national framework to guide stakeholder... 

ACTOM unveils revitalised transformer factory in Pretoria

Electromechanical equipment manufacturer ACTOM has unveiled a revitalised transformer production and testing facility in Pretoria. The 40 000 m2 site previously served as a factory for Powertech... 

Council reflects on drivers of gold’s ‘remarkable’ 2025, outlook for 2026

World Gold Council (WGC) says gold has experienced a remarkable year, achieving more than 50 all-time high prices and emerging as one of the strongest-performing assets in respect of returns. It... 

Expansion of Estcourt intermodal village will encourage more rail transport, reduce costs

Logistics company EIT Group is set to expand its intermodal village in Estcourt, KwaZulu-Natal, into a multibillion-rand operation. South Africa’s first fully operational intermodal freight village... 

Petrol price increases by 29c/ℓ on Wednesday

Mineral and Petroleum Resources Minister Gwede Mantashe has announced the latest fuel price adjustments based on current local and international factors. From December 3, both Petrol 93 and Petrol... 

Sibanye-Stillwater inks three-year wage agreement with local gold mine unions

JSE- and NYSE-listed precious metals miner Sibanye-Stillwater has confirmed that it has concluded wage negotiations for its South African gold mining operations. The company signed a three-year... 

SAPVIA urges stakeholders to actively shape incoming SSEG safety standard

The South African Photovoltaic Industry Association (SAPVIA) says the quickest and most effective way to resolve the ongoing debate on safety and compliance for small-scale embedded generation... 

Exxaro benefits from stronger local coal demand this year amid global market volatility

Ahead of closing the 2025 financial year on December 31, diversified mining and energy group Exxaro Resources says the year was marred with shifting global trade dynamics, inflationary pressures,... 

NCP Chlorchem undertakes another 17.5 MW solar installation at its main site

Chlorine producer NCP Chlorchem and renewable energy company Terra Firma will undertake another 17.5 MW solar installation at NCP’s main production site, in Kempton Park. When combined with an... 

Tharisa declares lower dividend, lower output in FY25

Chrome and platinum group metals (PGM) miner Tharisa has reported a 5% year-on-year increase in its operating profit to $125-million for the financial year ended September 30, despite lower PGM and... 

DFS considerably derisks Blencowe’s Orom-Cross graphite project

London-listed Blencowe Resources has confirmed the Orom-Cross graphite project’s potential to produce 20 000 t/y of concentrate in Phase 1 of its development before expanding to 70 000 t/y of... 

ASP Isotopes sponsors Photonics Chair at Wits to support light science

US-based advanced materials company ASP Isotopes, which has a secondary listing on the JSE, has established a Photonics Chair at the University of the Witwatersrand (Wits) for a period of three... 

Even the best NDPP will still face structural constraints if reform is not enacted – Mavuso

With six candidates having been shortlisted for possible appointment as the next National Director of Public Prosecutions (NDPP), Business Leadership South Africa CEO Busi Mavuso has stressed how... 

Steenhuisen accelerates roll-out of FMD vaccines as outbreaks persist, uncontrolled movement recognised as problematic

Agriculture Minister John Steenhuisen has reiterated his sympathy with farmers across South Africa facing “immense hardship” as they continue to battle one of the most persistent and damaging... 

Poland showcases manufacturing excellence as it seeks stronger African trade relations

To strengthen the recognition of Polish automotive brands in the international market and to foster trade with the growing automotive sector in Africa, the Polish Investment and Trade Agency hosted... 

Mantengu posts higher interim loss but all operations are ramping up

Investment company Mantengu Mining has reported a wider comprehensive loss of R42.8-million for the six months ended August 31, compared with a R3-million profit in the comparable six months of... 

Bidvest International Logistics unveils custom-built automotive container yard in Rosslyn

Transport and logistics company Bidvest International Logistics (BIL) has unveiled a new custom-built 40 000 m2 Rosslyn Container Yard together with automaker BMW Group South Africa and integrated... 

Petra announces permanent appointment of joint CEOs, director changes

London-listed Petra Diamonds has announced a series of board appointments following its AGM on November 27, including that of Vivek Gadodia and Juan Kemp as permanent joint CEOs of the company.... 

Pensana confirms scope to produce higher-value MREC at Angola project

Following a detailed evaluation of the Longonjo flow sheet, London-listed rare earths miner Pensana says there is scope to increase the content of heavy rare earths within its high-value mixed rare... 

Tiger Brands announces rebrand of purpose

Fast-moving consumer goods manufacturer Tiger Brands has refreshed its corporate brand and purpose, with a brand new logo to boot. The change comes 25 years after the company changed its name from... 

Solidarity concerned about govt inaction as widescale retrenchments loom

Trade union Solidarity has warned that hundreds of thousands of jobs are at risk before Christmas and in the new year, followed “unfruitful” discussions with government during a meeting at the... 

Transnet, Nedbank reach R600m settlement in dispute dating back to 2015

State-owned freight utility Transnet confirms that it has reached a commercial settlement agreement with financial services provider Nedbank in a protracted legal dispute between the parties.... 

MDA launches digital training, SMME hub in Welkom to serve mine communities

The Mineworkers Development Agency (MDA) and its partners Rand Mutual Assurance (RMA), Sibanye-Stillwater and the Department of Mineral and Petroleum Resources (DMPR) have launched a new digital... 

Enpower afforded access to trade electricity in Southern African Power Pool

Cape Town-based independent power trading company Enpower Trading has become the first private South African-incorporated company to secure conditional market participant membership from the... 

Ivanhoe completes initial ramp-up of Turbine 5 at Inga II hydropower plant

TSX-listed Ivanhoe Mines has successfully completed the ramp-up of Turbine 5 at the Inga II hydropower plant, with an initial 50 MW of hydropower being provided to the Kamoa-Kakula Copper Complex,... 

Municipal empowerment and public-private partnerships emerge as key drivers of climate adaptations

As South Africa transitions to a low-carbon economy, independent business movement the National Business Initiative (NBI) says multiple opportunities exist for strengthening localisation, public... 

B20 Agri Task Force calls for coordinated action to unlock Africa’s ‘food basket to the world’ potential

The B20 Sustainable Food Systems and Agriculture Task Force has emphasised the urgency needed to strengthen Africa’s food system by 2030, particularly as the continent will need to feed an... 

Services company Capital successfully raises $40m to advance growth

London-listed mining services company Capital has successfully raised gross proceeds of £31-million, or $40-million, after issuing 28.5-million new common shares in the company at a price of 107p... 

UK Prime Minister shares new support initiatives with SMEs

UK Prime Minister Sir Keir Starmer is set to unveil a series of landmark initiatives aimed at stimulating job creation, unlocking private capital and strengthening economic ties between the UK and... 

Transnet celebrates 200th modern locomotive produced in fleet renewal programme

Transnet has reached a significant milestone in its modernisation programme with the two-hundredth Traxx 23E locomotive having rolled off the assembly line at Transnet Engineering’s project site in... 

BMW South Africa shares peek inside world-class PHEV assembly operations

Having made adjustments worth R4.2-billion to its Rosslyn-based production plant to accommodate for plug-in hybrid electric vehicle (PHEV) manufacturing since October last year, automotive...