RCL grows full-year earnings despite sugar struggles

JSE-listed food manufacturer RCL Foods has delivered solid financial results for the financial year ended June 30, with most segments having successfully managed through subdued market conditions... 

ACI level of 63 shows optimism in agri sector despite FMD, US trade uncertainty

The Agribusiness Confidence Index (ACI) decreased by two points to a headline level of 63 in the third quarter, with respondents having cited foot-and-mouth disease (FMD) outbreaks and trade... 

Sea Harvest delivers 87% increase in attributable interim profit

After facing low catch rates and peak fuel prices in the last three years, JSE-listed fishing company Sea Harvest Group has delivered a 58% increase in earnings before interest and taxes (Ebit) to... 

Experts agree new mining technology must be impactful, measurable for wider adoption

Understanding the drivers of the adoption of new technology in the mining industry has never been more pertinent, as the world adapts to climate change and manages an uncertain economic outlook and... 

Dry-type transformers gaining traction amid renewables integration

With mining companies increasingly opting for on-site renewable-energy installations to ensure reliable power, and improve their environmental, social and governance (ESG) credentials, electrical... 

Tau outlines government response to automotive sector challenges

Trade, Industry and Competition Minister Parks Tau has said the National Association of Automotive Component and Allied Manufacturers (NAACAM) is hosting its 2025 Show, in Gqeberha, at a defining... 

Procurement proficiency and project execution key to reigniting construction

The continued progress of structural reforms in South Africa – including at State-owned enterprises (SOEs) such as Transnet – is contributing to improved investor sentiment and growth in the... 

Procurement proficiency and project execution key to reigniting construction

The continued progress of structural reforms in South Africa – including at State-owned enterprises (SOEs) such as Transnet – is contributing to improved investor sentiment and growth in the... 

Afrimat advances various improvement initiatives across its operations

Ahead of releasing its interim results for the six months ended August 31, JSE-listed construction materials and industrial minerals company Afrimat has advised that there will be a decrease in the... 

Steenhuisen lauds Agbiz, Agri SA for strengthening rural road networks

Agriculture Minister John Steenhuisen has lauded the efforts of industry bodies Agri SA and the Agricultural Business Chamber of South Africa (Agbiz) to improve critical agricultural transport... 

AfDB to scale PET asphalt concrete solution to lessen African road maintenance backlogs

The African Development Bank (AfDB) has signed a letter of intent with three companies to advance cooperation in the deployment of innovative, climate-resilient road maintenance in Africa. The... 

South Africa’s first joint privately procured PV facility comes online

Independent power producer Mainstream Renewable Power has started commercial operations at the 97.6 MW Damlaagte solar PV facility, near Parys, in the Free State. The facility will provide about... 

Creecy outlines vision of regionally integrated logistics network in Africa

In an opening address delivered by Transport Minister Barbara Creecy at the fourteenth SARA International Rail Conference, on August 26, she said Africa stands at a defining moment as the continent... 

MC Mining insists its Makhado development is above board

ASX- and JSE-listed coal miner MC Mining has denied allegations of illegal mining activities and the suspension of environmental authorisation (EA) at its Makhado Colliery, in Limpopo, assuring... 

RFA welcomes opening of the freight rail network to private companies

The Road Freight Association (RFA) has welcomed the outcome of the Train Operating Company (TOC) slot allocation process, saying it marks a necessary step towards a more efficient national... 

Godongwana appoints interim CEO at Government Pensions Administration Agency

Finance Minister Enoch Godongwana has appointed Job Stadi Mngomezulu as acting CEO of the Government Pensions Administration Agency (GPAA). This follows the suspension of Kedibone Madiehe pending... 

Fairvest more than doubles capital raise after receiving strong demand

In light of strong demand in response to JSE-listed real estate investment trust (Reit) Fairvest’s capital raise, which was announced early on August 25, the company will issue the maximum number... 

Polyco, municipality partner on waste management initiative

To drive systemic changes to waste management in Swellendam, the town’s local municipality has signed an agreement with recycling infrastructure provider Polyco South Africa. The parties will... 

AfDB partners with drone maker Aerosense to advance deployment in Africa

The African Development Bank (AfDB) has partnered with Japanese drone manufacturer Aerosense to advance sustainable infrastructure solutions in Africa. The parties signed a letter of intent on... 

DFFE warns firm penalties await new ship-to-ship transfer regulations non-compliers

Forestry, Fisheries and the Environment Minister Dr Dion George has officially signed the Regulations for the Environmental Management of Offshore Ship-to-Ship Transfer, which will become effective... 

UJ Mining Summit garners views on mining sustainability amid global turbulence

Mining companies have often needed to navigate disordered markets; however, unprecedented pressure is currently being imposed by export restrictions, resource nationalism, fragmented supply chains,... 

WBHO anticipates at least 15% y/y increase in earnings

Construction company Wilson Bayly Holmes-Ovcon (WBHO) expects its attributable earnings per share (EPS) from continuing operations to be between 15% and 25% higher for the financial year ended June... 

NUM concerned about potential retrenchments at ten ferroalloy operations

The National Union of Mineworkers (NUM) is concerned about potential retrenchments having been announced by diversified miner Glencore and Samancor at their South African ferrochrome operations.... 

De Beers highlights environment, social, traceability milestones in latest sustainability report

Diamond mining major De Beers says it has made meaningful progress in areas such as emission reduction, safety and conservation, while advancing work on diamond provenance and traceability. In its... 

Perseus reaches accord with Tanzania govt on how to operate the Nyanzaga mine

ASX- and TSX-listed Perseus Mining has concluded a formal signing ceremony at the Nyanzaga gold project, in Tanzania, which involved the execution of critical mission agreements between the... 

Lycopodium posts healthy full-year net profit from strong portfolio of projects

ASX-listed integrated engineering, construction and asset management company Lycopodium has delivered earnings before interest, taxes, depreciation and amortisation of $68.7-million for the year... 

Wia Gold to raise A$30m for Namibia project DFS

ASX-listed Wia Gold has received binding commitments to raise A$30-million from the issue of 100-million new shares at a price of $0.30 apiece to existing, sophisticated and institutional... 

Premier African Minerals achieves saleable concentrate output, optimisation now underway

London-listed Premier African Minerals has completed a second phase test run of the primary flotation plant at its Zulu lithium and tantalum project, in Zimbabwe. The company confirms that the... 

Kenmare declares $0.10 interim dividend despite lower profit

London-listed titanium and zircon producer Kenmare Resources has declared an interim dividend of $0.10 apiece for the six months ended June 30. The board has recommended the interim dividend and... 

Lobito Atlantic Railways announces respective CEO, chairperson appointments

Angolan rail operator Lobito Atlantic Railways (LAR) on August 19 announced the appointment of Nicholas Fournier CEO and Alexandre Canas chairperson, marking the formal separation of the two roles.... 

Land Bank Insurance Company offers new automatic climate-safeguarding product for crop farmers

The Land Bank Insurance Company has announced that it will expand its pilot product “index insurance” by introducing Area-Yield Index Insurance (AYII) This offering is designed to safeguard... 

Syrah receives $6.5m from DFC to ramp up Balama after suspension

ASX-listed Syrah Resources and its subsidiary Twigg Exploration and Mining has received a $6.5-million disbursement from its loan with the US International Development Finance Corporation (DFC).... 

Aveng posts R1.1bn attributable loss but green shoots ahead in new financial year

JSE-listed engineering contractor Aveng has reported an attributable loss of A$92.3-million, or R1.1-billion, for the financial year ended June 30, owing to A$98.5-million worth of losses recorded... 

Heraeus says gold prices holding steady, silver enjoys ETF activity

Refinery services provider Heraeus says in its latest precious metals appraisal that gold will not be subject to US import tariffs that have been imposed on various countries, and that gold prices... 

Agri sector achieves 26% increase in export value in the second quarter

Despite the immense uncertainty having been created by the US announcing impending import tariffs on South African goods earlier this year, the agriculture sector has recorded 26% higher exports... 

South Africa Wine lists pertinent focus areas for industry growth in the medium term

In line with industry projections made in the Bureau for Food and Agricultural Policy’s (BFAP’s) ‘Baseline 2025’ report, industry body South Africa Wine has identified strategic priorities to... 

Macpherson lauds women’s contributions to built environment during Erwic awards

During the opening of the 2025 Empowerment and Recognition of Women in Construction (Erwic) awards on August 14, Public Works and Infrastructure Minister Dean Macpherson lauded the resilience of... 

Sustained lower inflation will drive growth, says EY

Headline consumer inflation is expected to rise slightly in coming months, but core inflation is anticipated to remain subdued, says consultancy EY. As South Africa navigates a path toward... 

Almonty on track to start initial production at flagship South Korean tungsten mine

Tungsten miner Almonty Industies CEO and president Lewis Black says the company has made solid strides across several strategic initiatives to lay the groundwork for the company’s next phase of... 

Gold Road confirms shareholders will vote on takeover by Gold Fields in Sept

ASX-listed Gold Road Resources has confirmed that a scheme booklet related to an entity of Gold Fields acquiring all of Gold Road’s shares has been registered with the Australian Securities and...