PwC survey finds sub-Saharan CEOs are equally, if not more, focused on transformation

Consultancy PwC finds in its latest yearly global CEO survey that 81% of CEO’s in Africa took at least one action that greatly impacted on their company’s’ business model in 2023, compared with 76%... 

Agri trade poised to benefit from South Africa’s global positioning next year, but BRICS needs work

With the 2024/25 season expected to benefit from La Niña rains, solid exports having been reported in the year-to-date, food price inflation having come down to 2.8% in October and the Agribusiness... 

Nampak concludes BEE deal with Cambrian Capital Partners

JSE-listed packaging producer Nampak has successfully concluded a black economic empowerment (BEE) transaction with private equity fund manager Cambrian Capital Partners. Cambrian, through a... 

GoviEx proactive in its approach to ESG ahead of mining at Muntanga

Canadian mining company GoviEx Uranium states in its latest ‘Sustainability 2024’ report that it is taking a precautionary approach to environment and social risks, devising strategies that... 

AgriSA highlights desired focal areas for South Africa as it leads G20

As South Africa assumed the presidency of the Group of 20 (G20) and its private sector engagement group Business 20, industry body AgriSA says this leadership position presents an opportunity for... 

Nampak posts marked profitability growth amid turnaround efforts

JSE-listed packaging manufacturer Nampak’s turnaround plan has resulted in its earnings before interest, taxes, depreciation and amortisation (Ebitda) increasing by R1.1-billion from R343-million... 

Fairvest reports solid full-year income growth

JSE-listed real estate investment trust Fairvest has reported a 5% year-on-year increase in its distributable income to R707-million for the financial year ended September 30, compared with... 

Tech advancements in Africa have greatly advanced ESG, SDG imperatives – panel

Technology advancements in Africa are helping to advance various environment, social and governance (ESG) goals for companies and industries, and contribute to the efforts to achieve the UN... 

Coal ash liability can be asset for multiple industries

While State-owned electricity utility Eskom produces more than 34-million tons of coal ash a year, only 7% to 10% is beneficiated, with the remaining material accumulating in dumps scattered across... 

Coal ash liability can be asset for multiple industries

While State-owned electricity utility Eskom produces more than 34-million tons of coal ash a year, only 7% to 10% is beneficiated, with the remaining material accumulating in dumps scattered across... 

Anglo pays another $1m to Arc in Zambian JV

London-listed Arc Minerals has received another $1-million payment from Anglo American as part of the joint venture (JV) the companies have in Zambia. The payments are being received by Arc on... 

AECI earnings take short-term knock after strategic spend

Having incurred investment spend of R755-million in the ten months ended October 31, explosives and mining chemicals group AECI is on track to achieve its strategic ambition and unlock value across... 

PGM miners’ ESG spend set back by low prices, but efforts remain solid

Precious metals consultancy Metals Focus finds in its latest ‘Platinum Group Metals (PGM) Environment, Social and Governance (ESG) Focus’ report that producers are increasingly strapped for cash to... 

Tharisa posts 26% increase in full-year operating profit

London- and Johannesburg-listed chrome and platinum group metals (PGM) miner Tharisa has reported improvements in its production for the financial year ended September 30, which culminated in a... 

South Africa could play indispensable role in the global hydrogen value chain, says Mistra's Netshitenzhe

Speakers participating in the Mapungubwe Institute for Strategic Reflection’s (Mistra’s) ninth yearly platinum group metals (PGM) roundtable, on November 27, agreed that South Africa has potential... 

South Africa Wine opposes proposed increase in excise taxes

Industry body South Africa Wine has denounced government’s proposed excise tax increases on wine, saying it could contribute to job losses and force producers out of the market. The proposed tax... 

Attacq confident it will achieve distributable income growth of at least 17% in full-year 2025

JSE-listed real estate investment trust Attacq has reiterated its confidence in its ability to achieve distributable income a share growth of between 17% and 20% in the 2025 financial year ending... 

Nedbank, Agbiz optimistic about agriculture sector’s growth in 2025

After starting the year with an El-Niño-induced drought that negatively impacted on summer crops, high interest rates, animal disease woes and the persistent logistical crisis, sentiment in the... 

Managem appoints Epiroc to modernise Tizert copper project in Morocco

Mining group Managem has appointed excavation equipment provider Epiroc to enhance safety and productivity at the Tizert copper project, in Morocco. Epiroc will provide Managem with the necessary... 

TotalEnergies, partners start building 260 MW of renewable-energy capacity for Sasol, Air Liquide

Energy company TotalEnergies and its consortium partners Mulilo and Reatile Group have reached financial close and started construction on a 140 MW wind farm and 120 MW solar plant, near De Aar, in... 

ICMM launches new tools on human rights guidance

As the UN hosts the Forum on Business and Human Rights from November 25 to 27, mining and metals advocacy group the ICMM has announced strengthened commitments to recognise the important role of... 

West African completes last processing works at Kiaka ahead of first gold pour

ASX-listed West African Resources remains on time and on budget with construction at the Kiaka gold project, in Burkina Faso. The company is targeting first gold production in the third quarter of... 

TNPA commemorates seventieth year of a signature lighthouse on KZN coast

Transnet National Ports Authority (TNPA) on November 25 celebrated the seventieth anniversary of the Umhlanga Rocks lighthouse, with the State-owned entity first having lit up the structure on... 

West Wits chair confident of securing funding for Qala Shallows, despite challenges

ASX-listed West Wits Mining chairperson Michael Quinert acknowledged during a yearly general meeting of the company the progress that has been made with the company’s primary project Qala Shallows,... 

PepsiCo South Africa installs new R746m potato chip production line at Isando factory

Food and beverage corporation PepsiCo South Africa has invested R746-million at its Isando factory to establish a new potato chip production line. The investment will create 100 new jobs and... 

Octodec reports dip in full-year profit, but foresees improvement

JSE-listed real estate investment trust (Reit) Octodec has reported a 7.4% decrease in its attributable profit for the year ended August 31 at R215-million, on the back of a difficult macroeconomic... 

Tanzanian startup scaling sustainable fertiliser, fish feed solutions

The high cost and inconsistent quality of feedstock for fish in Tanzania and other African countries negatively impacts on the region’s aquaculture growth landscape and competitiveness, says... 

AngloGold’s buyout of Centamin effective

Gold miner AngloGold Ashanti’s acquisition of Egypt-focused gold miner Centamin has become effective. Centamin’s share will delist from the TSX and LSE on November 25.  

Atlantic completes equity, royalty agreement with Apex Royalties

Morocco-focused Atlantic Tin has finalised paperwork for a $5-milllion fundraising with UK-based royalty and streaming company Apex Royalties. The proceeds will be used to further develop the... 

JUWI South Africa takes the lead on Senegal’s newest mine-site hybrid solar plant

French multinational miner Eramet’s subsidiary Eramet Grande Côte and renewable energy company JUWI Renewable Energies South Africa have closed a €30-million, or R600-million, deal to build a solar... 

Challenges in critical minerals supply threaten global energy transitions

An unprecedented surge in demand for critical minerals on the back of global transitions to clean energy is posing significant challenges in meeting these goals, as the critical minerals sector... 

TotalEnergies outlines likely energy transition scenarios, suggests more global cooperation

In light of the world’s population being estimated to grow by at least 1.7-billion by 2050 and the fact that about 4.5-billion people already do not have sufficient access to energy, TotalEnergies... 

AgriSA says agriculture’s ability to reduce emissions recognised at COP29

With the COP29 conference under way until November 22, industry body AgriSA says the global climate change agenda is increasingly recognising the critical role of agriculture and farmers. As... 

Exploration, partnerships the cornerstones of increasing critical minerals investment

As the world demands more “new” minerals such as copper, lithium and rare earths for use in smart technologies for decarbonisation and clean energy production, African countries have some key... 

Govt progresses consultation on National Communication Satellite Strategy

The departments of Communications and Digital Technologies (DCDT) and Science, Technology and Innovation (DSTI), together with their entities, signal distribution company Sentech and the South... 

Blencowe unpacks differentiated value of Orom-Cross project as DFS takes shape

London-listed emerging graphite miner Blencowe Resources has responded to shareholder questions following a capital raise of £1.6-million to fund the completion of a definitive feasibility study... 

Marula outlines testwork, trials to follow on Kinusi copper material

Battery metals miner Marula Mining has received all necessary export permit and approvals in Tanzania to ship 10 kg of copper ore samples to South Africa for metallurgical testwork and assays.... 

ARC to release invasive-plant controlling beetles in Umkhomazi

The Agricultural Research Council’s (ARC’s) plant health and protection unit will, on November 25, release a leaf-feeding lady beetle called Mada Polluta in Umkhomazi, KwaZulu-Natal, to act as a... 

Emerging copper miner Koryx appoints new president, COO

TSX-V-listed Koryx Copper has appointed Heye Daun president and CEO effective immediately. Daun will also retain his position as chairperson.  

AgriSETA reflects on strides made to empower women in sector

In reflecting on education and training authority for the agriculture sector AgriSETA’s accomplishments for the 2023/24 financial year, chairperson Sharon Sepeng lauded the organisation for having...