TPT handles higher citrus volumes at multiple terminals

Transnet Port Terminals (TPT) has concluded South Africa’s citrus export season for the year with a 19% year-on-year increase in volumes handled across the country’s ports. TPT says South Africa... 

Kefi expects $240m debt capital agreement to be signed within days

Aim-listed Kefi Copper and Gold expects a $240-million debt capital offering towards its Tulu Kapi project, in Ethiopia, to be signed this week. The financing had been put on hold following a... 

Next wine season poised for excellent-quality yields – Vinpro

South Africa’s wine industry is preparing for a promising new harvest following a favourable winter and spring, with the 2025 post-harvest period having set the stage for the start of the 2026... 

New mining cadastre registers first 37 rightholders in Western Cape

South Africa’s mining cadastre is taking shape, with 37 rightholders having registered with the system in the Western Cape as part of its Phase 1 rollout, Department of Mineral and Petroleum... 

Transition can be phased as new regulations loom

Drive and control technologies company SEW-EURODRIVE says following a holistic approach to system efficiency using its IE3-standard motors, combined with other equipment, can realise cost savings... 

Terra Firma activates 2.9 MW solar project at Maxion facility

Wheels producer Maxion Wheels and solar solutions company Terra Firma have commissioned a 2.9 MW solar project that is powering Maxion’s manufacturing plant in Johannesburg. The installation... 

Salungano narrows operating loss as it works to turn around business

JSE-listed Salungano Group says the 2024 financial year was a defining period for the company, marked by intense operational and financial headwinds that tested the resilience of the business. “It... 

Security, affordability dominate policy considerations for a global energy transition

Energy security and affordability have become key policy considerations in many regions, particularly as the global energy transition has entered a more turbulent, complex phase, shaped by... 

Capricorn increases share buyout offer for Warriedar

ASX-listed Capricorn Metals has increased its buyout offer price for fellow ASX-listed Warriedar from an initial one Capricorn share for every 62 Warriedar shares to one Capricorn share for every... 

Dundas Minerals’ founding MD hands over reins to mine development veteran

Western Australia-focused gold exploration company Dundas Minerals has appointed Jonathan Downes MD, effective October 7. He succeeds founding MD Shane Volk who is retiring but remains available... 

Theta Gold Mines secures equity, debt funds to build new flagship plant

ASX-listed Theta Gold Mines has secured commitments totalling A$51.4-million in debt and equity to advance the TGME gold mine project, in South Africa’s Mpumalanga province. The company received... 

Jubilee receives first payment from South African business sale

Aim- and AltX-listed Jubilee Metals has advised shareholders that the process to complete the sale of its South African chrome and platinum group metal (PGM) business continues after shareholders... 

Freeport recovers remains of last five missing Grasberg workers

NYSE-listed copper and gold miner Freeport has advised that the five workers it was still searching for at its Grasberg block cave mine, in Indonesia, have been found deceased. Seven workers went... 

B Lab Africa Summit urges businesses to ‘act for good’

Africa’s ability to achieve inclusive economic development amid climate change, fragmented trade and a rapidly growing population will depend on decisive action in agriculture, water, education,... 

Volvo Trucks South Africa confirms serial production of Euro 6 trucks will start next year

Automotive company Volvo Trucks South Africa has confirmed it will start local serial production of Euro 6 FH long-haul trucks in the first quarter of next year. The company first introduced Euro... 

South Africa must create inclusive public transport system, conference hears

In a fitting start to transport month on October 1, event organiser Vuka Group mobility group director Ben Pullen opened the Smarter Mobility Africa conference by emphasising the importance of... 

Scoping study confirms high return potential of Wia Gold’s Namibia project

ASX-listed Wia Gold has confirmed that it can produce gold at a rate of 177 000 oz/y at the Kokoseb project, in Namibia, at an all-in sustaining cost of $1 265/oz. In a scoping study on the... 

Construction sentiment ticks up despite less activity

The Civil Confidence Index compiled by FNB and the Bureau for Economic Research has increased to a level of 43 in the third quarter of the year from 41 in the second quarter and 45 in the first... 

Agriculture widens trade surplus with more exports, less imports in Q2

The Bureau for Food and Agricultural Policy (BFAP) finds in its latest trade brief that South Africa’s agricultural exports increased by 8% in the second quarter, compared with the second quarter... 

Tiger Brands confirms Ashton canned fruit factory reopening this week

Following the successful disposal of Tiger Brands’ Langeberg & Ashton Foods business to a consortium of local fruit producers for R1 in May, the company has reported the restart of operations,... 

SA Canegrowers launches ‘Save our Sugar’ campaign to curb threatening sugar imports

In a renewed effort to urge consumers, retailers and businesses to choose locally produced sugar over imported sugar, industry body SA Canegrowers has launched a ‘Save our Sugar’ campaign. The... 

Cannabis group Cilo Cybin lists on JSE main board

Medical cannabis investment company Cilo Cybin Holdings has listed on the main board of the JSE as a fully-fledged trading entity, after listing as the first cannabis special purpose acquisition... 

IMF recommends reforms as Botswana faces mining-induced fiscal pressure

The International Monetary Fund (IMF) has completed an Article IV consultation in Botswana, which found that the diamond sector is dragging the country’s economic growth down. After growing by... 

dtic hosts showcase for 30 agroprocessors at German food fair

The South African Fruit and Vegetable Canners Export Council (SAFVCEC) has announced that some of South Africa’s best canned fruits and vegetables will be showcased at the Anuga International Food... 

Orion Minerals appoints experienced project director at Prieska

JSE- and ASX-listed base metals miner Orion Minerals has appointed Johan van Dyk project director, in support of the operational-readiness activities currently under way at the company’s Prieska... 

Policy Uncertainty Index reaches record high level of 81

The North West University’s (NWU’s) Policy Uncertainty Index (PUI) has recorded a record high level of 81 in the third quarter, compared with 75.9 in the second quarter. NWU Business School's... 

Treasury finds municipalities grossly over-estimated revenue collection in 2024/25

National Treasury finds in its latest 'Local government revenue and expenditure report' spanning July 1, 2024, to June 30, this year, that aggregate spending by municipalities was 89%, or... 

Aldoro confirms Namibian project as elite rare earth resource by global standards

ASX-listed Aldoro Resources has reported an increase in the mineral resource estimate (MRE) for its 85%-owned Kameelburg rare earths project, in Namibia, by 85% to 520-million tonnes of inferred... 

Gem Resources ends first half on solid financial, strategic footing

In his first address as executive chairperson of gemstone mining company Gem Resources, Louis Ching says the group now has the operational progress, strengthened financial position and strategic... 

Clean energy trajectory increasingly influenced by geopolitical fragmentation – bp

Global energy company bp has added to its latest ‘Energy Outlook’ publication a section on important current issues influencing the global energy system, such as geopolitical fragmentation and the... 

Petra extends refinance agreement deadline with lender to Sept 29

London-listed Petra Diamonds has advised that another extension is required to finalise terms of a commitment agreement with a senior secured bank lender in respect of a refinancing endeavour.... 

Perseus advances resettlement, foundational construction at Nyanzaga

ASX- and TSX-listed Perseus Mining continues to make solid progress with building the Nyanzaga gold mine, in Tanzania. Some of the latest highlights include the Ngoma town bypass road having been... 

CEF welcomes access to Durban Island View Terminal afforded by Minister

The State-owned Central Energy Fund (CEF) has welcomed the announcement by Transport Minister Barbara Creecy relating to the strategic allocation of 15% access to the Durban Island View Terminal.... 

South Africa, China bilateral relations strengthened during ninth trade fair

In a show of confidence in South Africa and China’s trade relations and to strengthen bilateral agreements between the two nations, the ninth instance of the South Africa-China Trade and Investment... 

Terra Firma starts operating 2.9 MW solar project at Maxion plant

Wheels producer Maxion Wheels and solar solutions company Terra Firma have commissioned a 2.9 MW solar project that is powering Maxion’s manufacturing plant in Johannesburg. The installation... 

African companies are realising financial value from decarbonisation investments – survey 

Consultancy Boston Consulting Group (BCG) and sustainability management company CO2 AI has found in a survey that only 6% of large African companies currently comprehensively measure emissions,... 

CoJ clamps down on residents not paying municipal accounts

The City of Johannesburg (CoJ) is accelerating action against its worst defaulters, which may see electricity meters being removed as part of the city’s aggressive credit control initiative under... 

Busa initiates legal action over ‘unworkable’ Employment Equity Sector Targets

Industry body Business Unity South Africa (Busa) has initiated legal proceedings over the recently published Employment Equity (EE) Sector Targets, which came into effect on September 1. Busa... 

Renergen, Springbok Solar reach coexistence agreement after land dispute

Natural gas and helium producer Renergen has reached comprehensive settlement and coexistence agreements with the SOLA Group's Springbok Solar Power Plant, which ends all legal disputes between the... 

Select Committee chair calls for national crisis summit to curb job loss scourge

Amid a scourge of company closures and retrenchments having been announced in various industries across South Africa, Select Committee on Economic Development and Trade chairperson Sonja Boshoff...