Ford recalls more than 5 500 Rangers

Car manufacturer Ford Motor Company of Southern Africa (FMCSA) has recalled certain 2025 and 2026 Ranger vehicles, citing safety concerns. FMCSA said it has identified that, in the affected... 

Ascendis considers JSE delisting with conditional 97c a share buyback offer

JSE-listed health and wellness company Ascendis Health has started a process that could lead to the company being delisted from the exchange. As part of this process, the company has made a... 

Gold miners cut direct emissions below 30Mt CO₂e for first time in a decade, report shows

Combined scope 1 and 2 greenhouse-gas (GHG) emissions from the world’s largest gold producers fell below 30-million tonnes of carbon dioxide equivalent (CO₂e) in 2024, marking the first time since... 

Earnings slump spurs Hulamin to exit its noncore businesses

JSE-listed Hulamin’s financial results for the six months ended 30 June have revealed that the company’s earnings are under significant pressure, resulting in decisive portfolio restructuring to... 

Akobo surpasses August gold target amid operational upgrades

Scandinavian gold producer Akobo Minerals has produced about 7 kg of doré gold at its Ethiopian operations in August, exceeding its minimum target of 5 kg, despite heavy rain and challenging site... 

Japan’s $7bn Nacala Corridor initiative boosts Sovereign Metals’ Kasiya project

ASX-listed Sovereign Metals has announced that the government of Japan has launched a dedicated investment initiative targeting the Nacala Corridor infrastructure, significantly strengthening the... 

Namibia clears Newco’s Barloworld takeover as Botswana, US disclosure conditions also met

JSE-listed Barloworld and investor consortium vehicle Newco have confirmed that the Namibian Competition Commission has granted unconditional approval for the implementation of Newco’s takeover... 

Kavango raises £2.2m to fast-track Zimbabwe gold projects

LSE- and VFEX-listed Kavango Resources has raised £2.2-million through the issue of more than 227.7-million new ordinary shares in the capital of the company at a price per share of 1p by way of a... 

Uncertified imports are undermining South Africa’s electrical sector, exec says

Recent raids by the South African Police Service’s Anti-Counterfeit and Illicit Trade Unit and the National Regulator for Compulsory Specifications (NRCS) have uncovered thousands of rands worth of... 

ILC moves to acquire Namibia’s Karibib project in C$975 000 option deal

Canadian mineral exploration and development company International Lithium Corp (ILC) has obtained an option to buy all shares of Lepidico Mauritius, a holding company for lithium and specialty... 

Ciltsa, ICFF sign MoU to professionalise South Africa's logistics sector

The Chartered Institute of Logistics and Transport South Africa (Ciltsa) and the Institute for Customs and Freight Forwarding (ICFF) have signed a memorandum of understanding (MoU) towards... 

4 200 MW SAPP deficit underscores urgency of regional power integration – Graham-Maré

Although the Southern African Power Pool (SAPP) faces a series of significant obstacles – such as insufficient transmission infrastructure; drought conditions affecting hydropower plants; theft and... 

Concord opens new remanufacturing facility on the Gauteng East Rand

Lifting and access solutions provider Concord Access Solutions (CAS) has officially opened its new remanufacturing facility in Chloorkop, Kempton Park, as part of its after-sales support and... 

Tau called out for sitting on SABS corruption, maladministration probe findings

Trade, Industry and Competition spokesperson and Member of Parliament Toby Chance has implored Trade, Industry and Competition Minister Parks Tau to release the investigative report compiled by... 

DBSA posts record R5.3bn profit, strong loan repayments despite tough economic climate

The Development Bank of Southern Africa (DBSA) has reported record yearly earnings, with net profit rising 14.4% to R5.3-billion for the financial year ended March 31, alongside the strongest loan... 

SAICE launches GCC 2025 as updated framework for South Africa’s construction industry

The South African Institution of Civil Engineering (SAICE) has officially launched its ‘General Conditions of Contract (GCC) 2025’ publication, which has been in the works since early 2021. The... 

Africa must unite or lose leverage in global resource power play, warns BloombergNEF

Mineral security has become national security and whoever controls the resources has a lot of leverage, BloombergNEF metals and mining head Kwasi Ampofo has said. “But do African governments know... 

Petrol to be 4c/ℓ cheaper, diesel by up to 57c/ℓ less from Wednesday

Petrol prices will drop by 4c/ℓ from September 3, Mineral and Petroleum Resources Minister Gwede Mantashe has announced. The reduction applies to both unleaded (ULP) and lead replacement petrol... 

Mavuso slams Eskom’s tariff system as ‘farcical’, calls for urgent electricity sector reform

There is no greater sign of the urgent need for reform of the electricity sector than the way State-owned utility Eskom’s electricity tariffs are set, Business Leadership South Africa CEO Busisiwe... 

NEASA, Sakeliga approach Constitutional Court in pushback against ‘deeply flawed’ new employment equity regulations

Nonprofit organisations Sakeliga and the National Employer’s Association of South Africa (NEASA) have announced that they will appeal directly to the Constitutional Court to set aside what they... 

Northam hits record 1Moz in sales as tight PGM markets fuel growth plans

JSE-listed Northam Platinum has reported record production and sales for the 2025 financial year, surpassing one-million ounces sold for the first time in its history. Despite weaker margins and... 

Zambia prioritises copper output over pollution control – BMI

Zambia’s antipollution measures are unlikely to lead to major pollution reductions as the government continues to place a higher priority on copper output growth, BMI – a Fitch Solutions company –... 

Implats posts 70% earnings drop but shields investors with R1.65 dividend

Platinum group metals (PGMs) miner Impala Platinum (Implats) has reported weaker earnings for the financial year ended June 30, but says it will maintain shareholder returns, declaring a final... 

Stage 2 dewatering at Kakula expected to start imminently

Following the seismic activity that occurred at the Kakula copper mine, in the Democratic Republic of Congo, in May, Kamoa-Kakula’s engineering team implemented a three-stage plan to dewater the... 

Italtile boosts shareholder returns with 17% rise in total dividends despite flat profits

Despite turnover being slightly down and profits flat, JSE-listed Italtile has rewarded shareholders with a significant uplift in dividends, with a notable 26% jump in the special dividend, helping... 

BLSA’s Mavuso hails rail slot allocations as breakthrough in logistics crisis

Transport Minister Barbara Creecy’s announcement on August 22 that 11 train operating companies have been allocated rail slots across 41 routes and six corridors marks an important step toward... 

Hulamin’s earnings slump spurs exit from noncore businesses

JSE-listed Hulamin’s financial results for the six months ended 30 June have revealed that the company’s earnings are under significant pressure, resulting in decisive portfolio restructuring to... 

Economic and regulatory constraints are putting South Africa’s fuel supply at risk

South Africa’s fuel supply system is under strain, as the country continues to rely heavily on imports amid stagnating infrastructure investment and unresolved regulatory issues. “We’re in a new... 

Economic and regulatory constraints are putting South Africa’s fuel supply at risk

South Africa’s fuel supply system is under strain, as the country continues to rely heavily on imports amid stagnating infrastructure investment and unresolved regulatory issues. “We’re in a new... 

Sungrow brings inverter, advanced ESS to Middle East and Africa

Solar power company Sungrow has launched its 1+X 2.0 next-generation split modular utility-scale inverter in the Middle East and Africa (MEA) region. This inverter, which was launched on August 21... 

Firering gains full control of Atex, Alliance projects as Ricca withdraws

Aim-listed emerging quicklime producer and critical minerals explorer Firering Strategic Minerals has confirmed that it has received a formal notice of withdrawal from Ricca Resources in respect of... 

Mining cost inflation, lower prices cause Northam profits to slump 25% despite record sales

Platinum group metals (PGMs) miner Northam Holdings has reported a 25.5% year-on-year decline in operating profit to R3.6-billion for the year ended June 30, as rising mining cost inflation and... 

GoviEx to merge with Tombador to form Atomic Eagle

Mineral resource company GoviEx Uranium has signed an agreement with ASX-listed Tombador Iron to carry out a reverse takeover. The deal will see GoviEx shareholders become the majority owners of a... 

Minerals Council will continue to engage DMPR on Mineral Resources Development Bill

The Minerals Council South Africa has said it will continue to engage extensively with the Department of Mineral and Petroleum Resources (DMPR) on the Mineral Resources Development Bill (MRDB) to... 

Tribunal approves buyout of Barloworld

The Competition Tribunal has approved the sale of Barloworld to a group of the company’s senior managers and a Saudi Arabian investor group. The approval came with strict conditions aimed at... 

Tribunal approves buyout of Barloworld

The Competition Tribunal has approved the sale of Barloworld to a group of the company’s senior managers and a Saudi Arabian investor group. The approval came with strict conditions aimed at... 

MC Mining starts openpit mining at Makhado

Australia- and Johannesburg-listed MC Mining has started openpit mining at its flagship Makhado steelmaking hard coking coal project, in Limpopo. An associated coal handling and preparation plant... 

Appeal suspends ECSA sanctions against engineer in George building collapse

The disciplinary sanctions imposed on engineer Atholl Mitchell by the Engineering Council of South Africa (ECSA) following the deadly George building collapse are currently suspended pending the... 

PIC calls for greater private investment to bridge Africa’s $170bn infrastructure gap

The Public Investment Corporation (PIC) has called for more investment to bridge Africa’s infrastructure gap in its second research paper, titled ‘Using Listed and Unlisted Financial Instruments to... 

B20 task force warns of global food system collapse without urgent action

The looming global food crisis is not hypothetical but a reality that needs to be urgently addressed, B20 Sustainable Food Systems and Agriculture Task Force chairperson Debra Mallowah has said....