Persistent corruption concerns reflect letdowns during sixth administration – Corruption Watch

Nonprofit monitoring organisation Corruption Watch (CW) has confirmed in its latest report that there are significant concerns about the impact of corruption in the country, particularly a marked... 

Itac makes strides in investigation of active yeast dumping from Zim

The International Trade Administration Commission (Itac) has asked the South African Reserve Bank to impose provisional duties on imports of active yeast originating in or imported from Zimbabwe... 

Tribunal conditionally approves Sea Harvest’s acquisition of Terrasan businesses

The Competition Tribunal has conditionally approved the proposed merger whereby subsidiaries of JSE-listed seafood and aquaculture company Sea Harvest intend to acquire certain subsidiaries of... 

Atlantic appoints versed Ghanaian lawyer, corporate banker to its board

Aim-, ASX- and Ghana Stock Exchange-listed Atlantic Lithium has appointed Edward Koranteng as nonexecutive director to the board effective immediately. As a lawyer and experienced corporate... 

Organisations call ‘rushed’ NHI Bill an electioneering ploy

Business Leadership South Africa (BLSA) has again expressed concern about the National Health Insurance (NHI) Bill on the eve of its planned promulgation by President Cyril Ramaphosa’s. Signing the... 

Unemployment rate worsens to 32.9%

South Africa’s official unemployment rate has widened by 0.8 of a percentage point to 32.9% in the first quarter of the year, compared with 32.1% in the fourth quarter of last year. The number of... 

VR8 mulls most favourable terms after signing third offtake MoU

Australia-headquartered Vanadium Resources (VR8) has signed a memorandum of understanding with China-based Hunan Zhongxin New Materials Technology for the offtake of 4 000 t/y of vanadium oxide,... 

Kefi nears construction start at Tulu Kapi

London-listed Kefi Gold and Copper says the remaining finance syndicate approval process in respect of the Tulu Kapi project, in Ethiopia, is on track for final approvals this month. The company... 

Caledonia starts year with higher output, profit

Gold miner Caledonia Mining says its production and profit was supported by a favourable gold price in the first quarter of the year, which has continued through April and into May. The company’s... 

AngloGold starts year with 2% higher output despite flooding in Australia

Gold miner AngloGold Ashanti has started the year off well, with a 2% increase in production to 581 000 oz for the quarter ended March 31, despite the impact of heavy rain and flooding on output in... 

Tirupati grows production, sales but warns of working capital limitations

London-listed Tirupati Graphite has successfully grown its commercial production by 49% year-on-year and its sales revenue by 70% year-on-year for the financial year ended March 31, despite working... 

DRDGOLD posts lower third-quarter output, but higher earnings

JSE-listed gold recovery company DRDGOLD has generated higher adjusted earnings before interest, taxes, depreciation and amortisation (Ebitda) for the quarter ended March 31, compared with the same... 

Pilot Crushtec introduces Swedish brand of large-scale crushers in Southern Africa

Local mobile and semi-mobile crushing and screening equipment provider Pilot Crushtec has expanded its product lineup to the Southern African mining market with the addition of Swedish brand... 

Latest El Niño among harshest in history – CSIR

A research team tasked to monitor the impact of the El Niño Southern Oscillation (ENSO) climatic phenomenon has confirmed that the 2023/24 El Niño was among the top five strongest on record. El... 

Johnson Matthey forecasts lower palladium, rhodium deficits, but larger platinum deficit

Chemicals and sustainable technologies provider Johnson Matthey says the palladium and rhodium markets are likely to record smaller deficits this year, while platinum is likely to record a deficit... 

Umoyilanga Avondale solar farm in Upington takes delivery of first modules

Global smart PV and energy storage solutions provider Trina Solar has started delivering modules to the 115 MW Umoyilanga Avondale solar project, in Upington, under a strategic partnership with two... 

Lotus confirms significant uranium potential in updated Letlhakane MRE

ASX-listed Lotus Resources has published a revised mineral resource estimate (MRE) of 155.3-million tonnes, grading 345 parts per million (ppm) triuranium octoxide (U3O8), for the Letlhakane... 

Tertiary granted enviro approval for exploration on second Zambian prospect

Aim-listed Tertiary Minerals’ environmental project brief (EPB) for the Mupala copper project, in Zambia, has been approved by the Zambia Environmental Management Agency, which allows the company... 

Sappi records higher earnings amid better demand, but market volatility remains

JSE-listed paper and packaging manufacturer Sappi has posted a 10% year-on-year increase in its earnings before interest, taxes, depreciation and amortisation (Ebitda) to $183-million for the... 

West African progresses bulk earthworks, tailings dam construction at Kiaka

ASX-listed West African Resources has made significant progress on its Kiaka gold project, in Burkina Faso, as construction continues to advance on the 219 000 oz/y operation. In particular, the... 

Equites starts wheeling power from distribution centre to head office in Cape Town

Property developer Equites Property Fund has officially started wheeling renewable energy onto Cape Town’s grid from solar panels atop its newly built distribution centre in Parow. The company is... 

High Court dismisses embattled Tongaat’s appeal on levies owed to industry

After not paying levies owed to the South African Sugar Association (Sasa) since October 2022, sugar producer Tongaat Hulett has again been ordered by the Durban High Court to pay the outstanding... 

GoviEx hosts Minister at Madaouela to show its commitment to transparency, collaboration

TSX-V-listed GoviEx Uranium this week hosted a Ministerial delegation at its Madaouela uranium project, in Niger, amid ongoing discussions with government as the project development advances.... 

Sappi signs PPA with trading platform to supply solar power to its South African operations

Paper and packaging group Sappi has signed a milestone 175 GWh/y renewable energy power purchase agreement (PPA) with private electricity trading company Enpower Trading. Sappi is working towards... 

Commercial vehicle industry poised to grow, grasp new opportunities despite challenges

The commercial vehicle industry in South Africa is getting to understand the opportunities in the automotive sector, such as in the autonomous vehicles space, despite various macroeconomic... 

Marula appoints young local professional as Larisoro mine manager

UK- and South Africa-listed Marula Mining has appointed local professional Benard Kiprotich as mine manager for the Larisoro manganese mine, in Kenya, which is managed by Marula’s wholly-owned... 

Avanti appoints mining veteran Jonah as chair, acquires gold prospect in Botswana

Canada-listed Avanti Gold has appointed Sir Samuel Jonah director and chairperson of the company, at a time when the company explores a stretch of newly acquired prospective terrain in Botswana.... 

World Bank suggests actions for lower-emission agricultural land use

The World Bank has outlined in a report the actions that every country can take to make the global agrifood system more sustainable and achieve markable reductions in greenhouse-gas (GHG)... 

South Africa becoming a viable international arbitration destination – law firm

Law firm Pinsent Masons finds there is increasing interest in South Africa as a viable option for international arbitration. In the dynamic landscape of global commerce, the role of arbitration... 

Mondi reports improved demand, but lower prices for the first quarter

JSE-listed paper and packaging manufacturer Mondi has noted improved market conditions in the first quarter of the year, with stronger order books and higher sales volumes across its range of paper... 

Manook stresses importance of abated coal in energy future of many nations

Global coal organisation FutureCoal has suggested that world leaders follow a balanced, pragmatic and responsible approach to energy policy, following an announcement by the Group of Seven (G7)... 

WBHO completes two solar plants, impactful community initiatives in Lichtenburg

Construction group Wilson Bayly Holmes-Ovcon (WBHO) and renewable energy company Sola Group have completed construction of the Merak 2 & 3 solar photovoltaic projects near Lichtenburg, in North... 

Epiroc acquires South African rock drilling parts maker Weco

Swedish equipment manufacturer Epiroc has successfully acquired Weco, a South African manufacturer of precision-engineered rock drilling parts. Weco has been operating in Krugersdorp, Gauteng,... 

Saudi, Johannesburg stock exchanges partner to advance new instruments, market access

The JSE has signed a memorandum of understanding (MoU) with Saudi Tadawul Group (STG), aimed at enhancing financial market collaboration and bolstering economic ties between South Africa and Saudi... 

UNTD warns of continuing deceleration in global economic growth this year

While the global economic slowdown in 2023 was less severe than expected, intergovernmental organisation United Nations Trade and Development (UNTD) has warned that a further deceleration in global... 

Investors prioritising PGM miners able to generate free cash flow, reduce costs in current low-price environment

With the platinum group metals (PGM) basket price remaining at low levels, particularly with platinum pricing at about $935/oz currently, investors are looking at how mining companies are able to... 

Tiger Brands unveils brand-new Black Cat peanut butter factory in Krugersdorp

Food processing company Tiger Brands has unveiled a new peanut butter manufacturing facility for its Black Cat brand in Chamdor, Krugersdorp. Having moved from another facility in Randfontein, the... 

Kazera nuclear permit delayed over additional requirements

Aim-listed Kazera Global has completed all the mechanical commissioning work required for the Whale Head Minerals heavy mineral sands project in Alexander Bay, South Africa, to proceed with final... 

Galileo receives second payment from Afrimat for Glenover business, last payment expected soon

London-listed Galileo Resources has confirmed receipt of a second payment totalling R48-million, or £2.1-million, from JSE-listed diversified miner Afrimat in its option to buy shares in Glenover... 

Walkabout achieves first concentrated ore at Lindi Jumbo, ramp-up efforts continue

ASX-listed Walkabout Resources has started concentrating ore at its Lindi Jumbo graphite mine, in Tanzania, with commissioning activities continuing to ramp up. The mine is poised to become one...