Jonas could face cold shoulder in Washington, US analyst warns

Following President Cyril Ramaphosa’s appointment of former Deputy Finance Minister Mcebisi Jonas as a special envoy to the US on April 14, public comments made by Jonas in 2020, in which he... 

PPS delivers highest-ever profit share of R5.33bn to members

Financial services provider Professional Provident Society (PPS) has allocated an all-time high R5.33-billion in profit-share to members in South Africa with qualifying life-risk products’ notional... 

FQM invests A$15.2m in Prospect Resources

Copper producer First Quantum Minerals (FQM) has announced a strategic investment in Australia-based battery and electrification metals developer Prospect Resources. Prospect’s principal focus is... 

Failure to implement effective IT systems is undermining efforts to create a capable State

Efforts to create a capable State will be in vain if South Africa does not have the systems available to support it, Business Leadership South Africa CEO Busisiwe Mavuso has said. In her weekly... 

Ramaphosa tours CSIR on its eightieth anniversary

President Cyril Ramaphosa has praised the Council for Scientific and Industrial Research (CSIR), an entity of the Department of Science, Technology and Innovation, for its commitment to excellence... 

Macpherson fires back at court application intended to block his appointment of IDT trustees

Public Works and Infrastructure Minister Dean Macpherson has filed an answering affidavit opposing a court application by two entities, Black Forum South Africa (BFSA) and Izwi Labantu Forum (ILF),... 

URU completes airborne survey over Zebediela

Aim-listed exploration and development company URU Metals has announced the completion of a high-resolution airborne geophysical survey over its Zebediela project area, in South Africa, conducted... 

Copper Mark awarded to two of Glencore’s DRC operations

Diversified miner Glencore’s two operations in the Democratic Republic of Congo (DRC) – Kamoto Copper Company (KCC), a joint venture with Gécamines and the DRC government, and Mutanda Mining... 

Clean technology fund secures initial R2.4bn

Investment firm New GX Capital has announced the first close of Airnergize Capital, which aims to R4-billion by final close to accelerate clean technology solutions in renewable energy, gas and... 

More than 240 construction mafia arrests made since November, Macpherson says

Since the Department of Public Works and Infrastructure (DPWI) hosted its Construction Summit on Crime-Free Construction Sites in November last year and key officials signed the Durban Declaration... 

We can no longer blame Apartheid for economic failures, BBCBE’s Masimene says

After more than 30 years of democracy, South Africa’s numerous economic problems can no longer be blamed on Apartheid but rather must be blamed on the black-led government that has held the reins... 

George building collapse revealed to be a result of ‘systematic failures across multiple levels of oversight’

An independent forensic investigation into the building that collapsed in George, in the Western Cape, last year, has found that systematic failures across multiple levels of oversight,... 

Govt launches Spaza Shop Support Fund to support township businesses

Trade, Industry and Competition Minister Parks Tau and Small Business Development Minister Stella Tembisa Ndabeni have launched a R500-million Spaza Shop Support Fund, which was initially announced... 

Kamoa-Kakula significantly increases imported hydroelectric power to start up new smelter

TSX- and OTCQX-listed Ivanhoe Mines’ joint venture (JV) Kamoa-Kakula copper complex, in the Democratic Republic of Congo (DRC), has reached a major turning point following a significant increase in... 

Precious metals unable to avoid wide-ranging sell-offs amid Trump tariffs

Although precious metals dodged the reciprocal import tariffs that US President Donald Trump announced last week, they were unable to avoid the wide-ranging sell-off that hit most assets, Heraeus... 

Westbrooke seeks to grow its 30 MW renewable energy portfolio further

Alternative investment funds and co-investment platforms manager and adviser Westbrooke Alternative Asset Management says it is seeing strong growth in renewable energy in South Africa and that it... 

South Africa should respond to macroeconomic turbulence with resilience and strategic foresight, Mavuso says

Following last week’s announcement by US President Donald Trump that South Africa will be subjected to 30% tariffs on all imports into the US, alongside the passing of the 2025 Budget that will see... 

Trump tariff policies likely to extend beyond his term, analysts say

Following the announcement by US President Donald Trump on April 2 that South Africa would be subjected to 30% tariffs on its exports to the US, banker and academic Colin Coleman has said there is... 

Despite cautionary indicators, platinum price will rise within a year, analyst says

Although the global economic and industrial “dashboard is littered with red and yellow indicators”, Metals Focus platinum group metals (PGMs) research director Wilma Swarts believes there are... 

Mantashe lauds opening of Seriti’s Naudesbank Colliery, insists coal mining remains critical

“King coal is back!” Mineral Resources and Petroleum Minister Gwede Mantashe exclaimed at the ribbon cutting of coal producer Seriti’s new Naudesbank Colliery, near Carolina, in Mpumalanga, on... 

SABS investigation continues amid unsettling allegations of mismanagement

Ever since allegations of corruption and mismanagement against State-owned entity the South African Bureau of Standards (SABS) started to surface late last year, the organisation has been under... 

SABS investigation continues amid unsettling allegations of mismanagement

Ever since allegations of corruption and mismanagement against State-owned entity the South African Bureau of Standards (SABS) started to surface late last year, the organisation has been under... 

Despite strong headwinds, Sibanye-Stillwater’s Stewart remains bullish on PGMs' future

Despite the platinum group metals (PGMs) slump brought about by low prices and the advent of electric vehicles (EVs), Sibanye-Stillwater CEO-designate Richard Stewart remains optimistic about the... 

Tau worried about US tariff impact on South African products

Although the announcement of a 30% tariff on all exports from South Africa to the US could have a serious impact on the platinum group metals (PGMs) sector, Trade, Industry and Competition Minister... 

New FNB AgencyPlus service to bring banking services to townships through agent stores

Financial services provider FNB has launched a new service, FNB AgencyPlus, to expand access to basic banking services and cash in close proximity to both unbanked and underbanked individuals in... 

Infrastructure maintenance just as critical as new infrastructure delivery, Ngoma says

While “turning South Africa into a construction site” is a noble goal, Auditor-General of South Africa national executive head of audit Bongi Ngoma has questioned Public Works and Infrastructure... 

Final report on wasteful Telkom Towers project expected by end of April, Macpherson says

The final forensic report on the controversial Telkom Towers project will be delivered by the end of April, Public Works and Infrastructure Minister Dean Macpherson has revealed. In August last... 

DPWI’s new infrastructure audit programme to be a ‘game-changer’ for sustainable project delivery

The Department of Public Works and Infrastructure (DPWI) has launched an infrastructure audit programme to better ensure compliance and optimal resource use. Speaking at the inaugural Public Works... 

More than 40 contractors to be blacklisted by the DPWI, Macpherson says

Public Works and Infrastructure Minister Dean Macpherson is ramping up the pace at which underperforming or corruption-accused contractors are being blacklisted, with more than 40 on the shortlist... 

Critical Metals’ immediate goal is to get funding for further drilling at Molulu

Investment company Critical Metals has said its immediate priority is to secure the necessary funding to restart diamond drilling and exploration activities at its 70%-owned Molulu copper project,... 

Kazera poised to begin receiving operational cash flows in the coming weeks

Aim-listed investment company Kazera Global is poised to begin receiving operational cash flows from both its heavy mineral sands (HMS) and diamond projects in the coming weeks, the company said on... 

Merafe offers revised approach to disaggregation of group revenue by region

JSE-listed Merafe Resources has revised its regional revenue disclosure format for ferrochrome and chrome ore following an engagement with the JSE regarding the proactive monitoring review process.... 

Eastplats reports significant losses for 2024

TSX- and JSE-listed Eastern Platinum (Eastplats) has reported losses for the 12 months and fourth quarter ended December 31, 2024. Revenue for the fourth quarter decreased by 44.3% to $17-million... 

Andrada reports processing improvements in quarterly update

Aim- and OTCQB-listed tin producer Andrada Mining's ongoing continuous improvement programme has resulted in processing rates reaching 141 t an hour, the highest level in the past five quarters,... 

Exoskeleton testing for underground mining yields positive results

Exoskeletons are currently being tested for their effectiveness in barring at one of Sibanye-Stillwater’s operations as part of the Fall of Ground Action Plan (FoGAP), with positive results so far.... 

Swanepoel rubbishes claims that South Africa's mining industry is on the decline

The South African mining industry is not on its last legs, Manganese Metal Company chairperson and Zimplats and Impala Platinum nonexecutive director Bernard Swanepoel has insisted. Speaking at the... 

Nedlac announces consensus on 47 labour law reforms

Negotiations between organised business, organised labour and government, led by the Department of Employment and Labour (DEL), on a substantive labour law reform process have now concluded. The... 

Akobo achieves first revenue-generating quarter

Euronext- and Frankfurt-listed Akobo Minerals reported its first revenue-generating quarter, with an income of SKr10.6-million for the fourth quarter of 2024, not including 2.3 kg gold produced in... 

Capital reports more than 50% decline in EPS in a ‘year of transition’

London-listed mining, drilling, maintenance and geochemical analysis solutions provider Capital has reported a 53.5% year-on-year decline in basic earnings per share (EPS) to $0.089 in 2024, from... 

FNB/BER Civil Confidence Index falls further in the first quarter

Following a decline to 48 in the fourth quarter of 2024, the FNB/BER Civil Confidence Index fell by a further three points to 45 in the first quarter of 2025. The index can vary between a maximum...