Africa could collectively attract $1.9tr in FDI if its markets matched South Africa – TEHA CEO

If the rest of Africa was as attractive to foreign direct investment (FDI) as South Africa is, the continent could attract an addition $1.9-trillion of FDI, The European House – Ambrosetti (TEHA)... 

Europe will face unprecedented mass migration if growth fails in Africa, conference hears

Over the next 75 years, Europe will either face unprecedented migration as millions of Africans seek work and opportunity, or Africa must generate enough economic growth and jobs to support its... 

Chikunga calls for new generation of PPPs focused on social development

Women, Youth and Persons with Disabilities Minister Sindisiwe Chikunga has called for a new generation of public-private partnerships (PPPs) in Africa centred explicitly on human capital... 

Academic says South Africa should not hand over G20 presidency to the US

South Africa should not hand the G20 presidency over to the US, Columbia University Center for Sustainable Development director Jeffrey Sachs has suggested. “Don’t hand it over. If there's no one... 

AMSA calls for urgent review of new scrap metal policy

Steelmaker ArcelorMittal South Africa (AMSA) has called for the immediate suspension and review of recently amended regulations governing the price preference system (PPS) for scrap metal, warning... 

African business leaders to sign manifesto on continental economic growth, investment

Leaders of several major international organisations are set to sign a manifesto on the advancement of African business on November 21, Italian management consulting firm and international think... 

Mining industry knows the risks, but safety execution still falls short globally, conference hears

It is likely that no mining company worldwide has achieved the highest recognised level of safety performance, despite decades of industry knowledge and experience, Southern African Institute of... 

TNPA renews MoU with uMhlathuze to enhance Richards Bay

Transnet National Ports Authority (TNPA) and the City of uMhlathuze in KwaZulu-Natal have renewed the memorandum of understanding (MoU) between the two entities first signed in 2018 to strengthen... 

Thor Explorations reports strong third quarter earnings, expands Nigerian gold operations

TSX-V- and Aim-listed Thor Explorations has reported a significant rise in revenue and profitability for the three months ended September 30, driven by its Segilola gold mine, in Nigeria, and... 

Oriole raises £2m through share issuance

Aim-listed Oriole Resources has raised about £2.03-million through a combination of its placing, subscription and Winterflood Retail Access Platform (WRAP) retail offer, the company announced on... 

Kenmare cuts 2025 output guidance as WCP A commissioning delays affect production

LSE- and ISE-listed titanium minerals and zircon producer Kenmare Resources has reduced its 2025 production guidance after commissioning delays at its upgraded Wet Concentrator Plant (WCP) A... 

Itac rejects rebate on copper sulphate after confirming local supply capacity

The International Trade Administration Commission of South Africa (Itac) has declined to create a rebate provision for copper sulphate used in the manufacture of animal feed, concluding that the... 

SABS acting CEO questions whistleblowers' motives as he offers update on turnaround

South African Bureau of Standards (SABS) acting CEO Blake Mosley-Lefatola has questioned the motives of whistleblowers that continue to raise serious allegations about developments at the... 

WDC president calls for decision to be made on modernised definition of conflict diamonds

World Diamond Council (WDC) president Feriel Zerouki opened the 2025 Kimberley Process (KP) plenary with a decisive call for participants to support a modernised definition of conflict diamonds,... 

Barloworld grows cash pile as earnings fall, final dividend scrapped

Industrial equipment company Barloworld has reported a sharp increase in free cash flow for the 12 months to September 30, even as earnings declined and the company cancelled its final dividend.... 

Ramaphosa touts progress as G20 faces boycotts, scepticism

As South Africa hosts the G20 leadership summit this week, President Cyril Ramaphosa has positioned the moment as evidence of national progress. Yet the broader economic picture remains mixed, with... 

Oriole to raise combined £2m through retail offer, conditional placing

Aim-listed Oriole Resources has announced a dual fundraising effort, combining a retail offer by means of the Winterflood Retail Access Platform (WRAP) and a conditional placing, with the WRAP... 

Zikalala flags failure of contractor-development pipeline

Public Works and Infrastructure Deputy Minister Sihle Zikalala has raised concern about ongoing systemic problems in South Africa’s contractor-development programmes, warning that fewer than 36% of... 

Property ownership certainty key to South Africa’s real estate growth, Growthpoint CEO warns

Growthpoint Properties CEO Estienne de Klerk has raised concerns over uncertainty in property ownership, warning that the issue could hinder investment and development in the real estate sector.... 

Developer urges use of pension funds to fuel local construction growth

South African pension funds should be used more aggressively to finance local construction, Oceans Umhlanga Development chairperson and developer Vivian Reddy has said, arguing that current... 

ATNS cites global shortage of flight procedure designers as key reason for operational challenges

State-owned entity Air Traffic and Navigation Services (ATNS) has identified a shortage of skilled flight procedure designers as the primary challenge affecting the maintenance of South Africa’s... 

BME edges towards 100% used-oil explosives breakthrough

Explosives manufacturer BME intends to replace 100% of the virgin oil used in the fuel phase of its emulsions with used oil within the next few years, Mining Weekly has learned. This would be a... 

What we can learn from Coricraft’s furniture manufacturing localisation drive

South African manufacturing is in dire need of revitalised localisation. Statistics South Africa has recorded a steady decline for years, with the slide reaching 1.5% year-on-year in August, up... 

What we can learn from Coricraft’s furniture manufacturing localisation drive

South African manufacturing is in dire need of revitalised localisation. Statistics South Africa has recorded a steady decline for years, with the slide reaching 1.5% year-on-year in August, up... 

Ramaphosa reiterates government’s shift from consumption to investment

President Cyril Ramaphosa has reiterated government’s strategic shift in government spending during his address at the 2025 National Construction Summit in Ekurhuleni, on November 13, promising the... 

Macpherson claims breakthrough against construction mafia as arrests, convictions rise

Public Works and Infrastructure Minister Dean Macpherson has touted significant progress in cracking down on the “construction mafia”, with hundreds of arrests and convictions helping to stabilise... 

Inland coal market urgently needs reforms, conference hears

South Africa’s inland coal market faces a critical need for reform, with inconsistencies in supply, declining coal quality and logistical bottlenecks threatening the reliability of the fuel that... 

Sanedi head urges revival of coal research, PPPs to drive energy transition

South African National Energy Development Institute (Sanedi) CEO Dr Titus Mathe has called for the re-establishment of research capacity in South Africa’s academic institutions to support... 

Ramokgopa chides coal industry for its silence in energy debate

Electricity and Energy Minister Kgosientsho Ramokgopa has scolded South Africa’s coal industry for remaining largely silent during national debates over the country’s energy future, saying its... 

Consultancy calls for creation of ‘Just Transition Worker Fund’ to address climate-linked inequality

Research and consulting firm PBS Development Consulting has recommended the establishment of a dedicated ‘Just Transition Worker Fund’ to ensure South Africa’s climate transition addresses... 

AMSA calls for urgent review of new scrap metal policy

Steelmaker ArcelorMittal South Africa (AMSA) has called for the immediate suspension and review of recently amended regulations governing the price preference system (PPS) for scrap metal, warning... 

Godongwana appoints new Pension Funds Adjudicator

Finance Minister Enoch Godongwana has appointed Lebogang Paul Mogashoa as the Pension Funds Adjudicator (PFA) for the Office of the Pension Funds Adjudicator (OPFA). The appointment is for a period... 

Fresh allegations of mismanagement at SABS surface

The South African Bureau of Standards (SABS) is once again facing renewed allegations of mismanagement, leadership instability and governance failures, as contained in whistleblower letters... 

Lesufi declares Gauteng ready to host G20 Summit, vows lasting improvements beyond event

Gauteng Premier Panyaza Lesufi has declared Gauteng fully prepared to host the upcoming G20 Leaders’ Summit at the Nasrec Expo Centre, following several months of intensive coordination between the... 

RAF reports record R5.5bn in October claim payouts after 100 days in turnaround

The Road Accident Fund (RAF) has paid out a record R5.5-billion in October, its highest monthly payout for the 2025/26 financial year, as the newly appointed board marks its first 100 days in... 

PCC welcomes release of South Africa’s updated energy, climate plans

The Presidential Climate Commission (PCC) has welcomed government’s recent approval and release of the Integrated Resource Plan (IRP) 2025 and the revised Nationally Determined Contribution (NDC)... 

TymeBank appoints new CEO

Digital bank TymeBank has received approval from the South African Reserve Bank’s Prudential Authority to appoint Cheslyn Jacobs as its new CEO, effective January 1, 2026. Jacobs will succeed Karl... 

Fuel prices set to drop on Wednesday

Fuel prices across the board will decrease on November 5, Mineral and Petroleum Resources Minister Gwede Mantashe has announced. The price of petrol is set to fall by 51 c/ℓ for both 93 and 95... 

South Africa’s manufacturing activity slips back into contraction in October – Absa PMI

South Africa’s manufacturing sector slipped back into contractionary territory in October, with the seasonally adjusted Absa Purchasing Managers’ Index (PMI), published on November 3, falling to... 

Shuka delays completion of Kabwe mine acquisition amid funding holdup

Aim- and AltX-listed Shuka Minerals has reported a further delay in completing its acquisition of Zambia’s Leopard Exploration and Mining (LEM) and the Kabwe zinc mine, after funds from its...