Excessive beer taxation is driving illicit alcohol trade, BASA says

Excessively high beer taxation levels are driving consumers to support the illicit alcohol industry, a situation that needs to be rectified by lowering beer excise taxes as soon as possible, Beer... 

More than 10 000 new jobs created in Cape Town’s BPO sector over the past year

About 10 427 new jobs have been created in the business process outsourcing (BPO) sector during the past financial year, from April 2024 to March 2025, City of Cape Town Mayoral Committee Member... 

Itac imposes provisional measures against tyre companies circumventing antidumping duties

The International Trade Administration Commission (Itac) of South Africa has decided that provisional payments be imposed for six months on companies implicated in the circumvention of antidumping... 

30% tariff on exports to US would destroy demand, analyst says

A 30% net effective tariff rate on exports to the US from South Africa would essentially destroy demand growth in 2025 and 2026, resulting in permanent economic scarring, Wood Mackenzie metals and... 

Stefanutti reports more than R100m y/y improvement in operating profit

JSE-listed construction group Stefanutti Stocks has reported a significant year-on-year improvement in operating profit, from R210-million for the 2024 financial year to R333-million for the 12... 

After US visit, Tau wants South Africa to focus on other markets

Hot on the heels of his visit to the White House as part of President Cyril Ramaphosa’s South African delegation, Trade, Industry and Competition Minister Parks Tau has emphasised the need to... 

Develop gas economy now or face economic regression, Ramokgopa warns

South Africa faces a stark reality: failure to take urgent action to address the impending ‘gas cliff’ will result in economic regression, Electricity and Energy Minister Dr Kgosientsho Ramokgopa... 

Platinum, manganese, iron-ore, coal, chrome ore deemed ‘high-critical minerals’ for South Africa

Whereas every mineral is found to be critical for various reasons, the Department of Mineral and Petroleum Resources’ (DMPR’s) Critical Minerals and Metals Strategy has identified platinum,... 

Amplats issues further details on demerger, name change process

Platinum group metals (PGMs) producer Anglo American Platinum (Amplats) has issued further detail on how its name change to Valterra Platinum will play out over the coming weeks. At the general... 

Southern Palladium gets environmental authorisation for underground mining at Bengwenyama

South Africa’s Department of Mineral and Petroleum Resources (DMPR) has granted environmental authorisation for an underground mining right and related infrastructural activities to ASX- and... 

TPT handling 21% more citrus exports than last year

State-owned Transnet Port Terminals’ (TPT’s) container sector has begun handling South Africa’s 2025 citrus exports, with a 21% increase in year-on-year volumes handled in April. Each year, vessels... 

More than 1.06bn carats of diamonds were traded through Dubai over the past five years

Kimberley Process (KP) chair Ahmed Bin Sulayem of the United Arab Emirates (UAE) has revealed that more than 1.06-billion carats of combined rough and polished diamonds were traded through Dubai in... 

Kodal cites positive relationship with Mali govt as it awaits export permit

Mineral exploration and development company Kodal Minerals has criticised recent media reports for inaccurately suggesting that exports of spodumene concentrate from its flagship Bougouni lithium... 

Responsible Gold appoints new president

Blockchain-powered ecosystem for traceable and ethically sourced gold Responsible Gold has announced the appointment of Sakhila Mirza as its president. She will oversee the firm’s next phase of... 

MP calls for immediate suspension of SABS executives until investigation is concluded

As the investigation into the South African Bureau of Standards (SABS) continues, Democratic Alliance (DA) Parliamentary member and DA Trade, Industry and Competition spokesperson Toby Chance has... 

Transport sector faces major BBBEE overhaul with tougher compliance rules

The integrated transport sector is set to face some of the most stringent broad-based black economic empowerment (BBBEE) requirements in the country, following proposals unveiled by Integrated... 

World Diamond Council applauds breakthrough on broader conflict diamond definition

The World Diamond Council (WDC) has praised the progress made towards expanding the Kimberley Process (KP) definition of conflict diamonds, after what it said was “a successful week of open and... 

Rio Tinto to support development of 200 farmers in KwaZulu-Natal

Mining major Rio Tinto has entered into a two-year partnership with the Lima rural development foundation to improve the livelihoods of 200 farmers across ten traditional authority areas in... 

Afrimat reports lower operating profit but expects improvement going forward

Midtier mining and materials company Afrimat has reported a significant decline in operating profit for the 12 months ended February 28. Group revenue increased by 36.7% from R6.1-billion in the... 

EVs to make up about 25% of global car sales in 2025 – IEA report

Following another year of robust growth, global sales of electric cars are on track to surpass 20-million this year, accounting for over a quarter of cars sold globally, according to the new... 

Alphamin reports production decline owing to DRC security concerns

JSE-listed Alphamin has reported an 18% quarter-on-quarter decline in high-grade tin concentrate production from the Bisie tin mine, in the Democratic Republic of the Congo (DRC), for the first... 

Heavy rainfall crimps Afarak’s South African output, but Türkiye ops fare better

LSE- and Nasdaq-listed Afarak Group has reported a 15.2% year-on-year increase in production for the first quarter of this year, despite production at its South African chrome operations having... 

Jeep, Citroën, Mercedes-Benz, Audi, Volkswagen and Volvo recall various vehicle models

The National Consumer Commission (NCC) has announced that various Jeep, Citroën, Mercedes-Benz, Audi, Volkswagen (VW) and Volvo vehicle models have been recalled. Stellantis South Africa informed... 

Gold Fields raises $750m for corporate purposes, to repay Osisko loan

JSE- and NYSE-listed Gold Fields has successfully completed the raising of $750-million through the issuance of seven-year notes, which carry an interest rate of 5.85%. These notes were issued by... 

PIC now owns 15.41% of Sibanye

The Public Investment Corporation (PIC) has increased its ownership of the ordinary shares of JSE- and NYSE-listed Sibanye-Stillwater to 15.41% of the company’s total issued ordinary shares. The... 

Unemployment rate worsens to 32.9% in the first quarter

Statistics South Africa (Stats SA) has reported that the official unemployment rate stood at 32.9% for the first quarter of this year, compared with 31.9% for the fourth quarter of 2024, while the... 

Akobo agrees to revised loan facility terms for Segele development

Euronext-listed Akobo Minerals has agreed with Monetary Metals on revised terms for the company’s existing gold loan facility.  Monetary Metals initially provided funding in November 2022 to... 

Redefine reports improved profitability despite rocky macroeconomic terrain

South African real estate investment trust (Reit) Redefine Properties has reported improved profitability in its financial results for the six months ended February 28. Overall, the Reit explained... 

Licence plate body accuses SABS of enabling industry misconduct amid ongoing corruption probe

Yet another complaint has emerged against the South African Bureau of Standards (SABS), this time by the Licence Plate Association of South Africa (Laza), which has alleged a series of systemic... 

US trade tariffs pose severe indirect risks to sub-Saharan Africa, BMI warns

While the direct effects of US tariffs on sub-Saharan African trade were limited, the broader economic and political ramifications – through falling commodity prices, fiscal tightening and rising... 

Cape Town Container Terminal receives first batch of new rubber-tyred gantry cranes

The Cape Town Container Terminal (CTCT) has taken delivery of components of the first nine of 28 new rubber-tyred gantry cranes, which original-equipment manufacturer (OEM) Liebherr Africa has... 

Sappi had a tough second quarter but its US prospects look bright

Paper and pulp manufacturer Sappi’s operating performance for the second quarter of its 2025 financial year fell short of expectations owing to challenging market conditions and issues that arose... 

Gas development delayed by court challenges

A major obstacle to developing the gas economy in South Africa is the relentless legal opposition to oil and gas production and use. There is not a single gas project so far which has not been... 

South Africa will pay the price of being late to the gas party, consultant says

South Africa has been too slow to act on the impending gas cliff and the only way for the country to navigate this challenge now is through liquefied natural gas (LNG) imports, global oil and gas... 

Develop gas economy now or face economic regression, Ramokgopa warns

South Africa faces a stark reality: failure to take urgent action to address the impending ‘gas cliff’ will result in economic regression, Electricity and Energy Minister Dr Kgosientsho Ramokgopa... 

Prefeasibility work progressing smoothly on Harena’s Madagascar rare earths project

The prefeasibility study (PFS) work on London-listed Harena Resources’ 75%-owned Ampasindava rare earths project, in Madagascar, is progressing at pace. The company added on May 6 that initial work... 

Minister encourages building industry compliance on George building collapse anniversary

Human Settlements Minister Thembi Simelane has called on the building industry to recommit to the laws regulating the industry, stating that failure to do so could lead to fatalities and severe... 

Coaltech to launch GHG management, reporting framework for coal sector

With support from key industry players, a new initiative led by nonprofit research organisation Coaltech will see the development of South Africa’s first sector-wide framework for managing and... 

Mining input costs moderating but significant pressures remain – Minerals Council

Although mining input costs have moderated in the first quarter of this year compared with the same period in 2024, significant pressures remained, the Minerals Council South Africa revealed on May... 

High Court ruling limits Nersa’s control over methane, helium trading – Renergen

The Gauteng High Court in Pretoria has ruled in favour of energy company Renergen’s subsidiary Tetra4 in its request for a declarator that the Gas Act does not apply to any production and...