Services company Capital successfully raises $40m to advance growth

London-listed mining services company Capital has successfully raised gross proceeds of £31-million, or $40-million, after issuing 28.5-million new common shares in the company at a price of 107p... 

UK Prime Minister shares new support initiatives with SMEs

UK Prime Minister Sir Keir Starmer is set to unveil a series of landmark initiatives aimed at stimulating job creation, unlocking private capital and strengthening economic ties between the UK and... 

Transnet celebrates 200th modern locomotive produced in fleet renewal programme

Transnet has reached a significant milestone in its modernisation programme with the two-hundredth Traxx 23E locomotive having rolled off the assembly line at Transnet Engineering’s project site in... 

BMW South Africa shares peek inside world-class PHEV assembly operations

Having made adjustments worth R4.2-billion to its Rosslyn-based production plant to accommodate for plug-in hybrid electric vehicle (PHEV) manufacturing since October last year, automotive... 

Kore Potash raises $12.2m

ASX-, JSE- and LSE-listed miner Kore Potash has conditionally raised about $12.2-million, or £9.2-million, through direct subscriptions of new ordinary shares. The company undertook a fundraise... 

Orion confirms Glencore financing, offtake agreement to be finalised within weeks

ASX- and JSE-listed copper mining company Orion Minerals says a wholly-owned subsidiary of Glencore is in the final stages of technical and financial due diligence to provide Orion with between... 

ASSAf launches Food Safety Forum to improve nationwide food system safety

To help address the multifaceted nature of food safety in South Africa and the need to address challenges across the supply chain for improved public health, the Academy of Science of South Africa... 

Storage specialist Sungrow launches new commercial, industrial BESS models

Chinese solar and storage solutions manufacturer Sungrow has launched new models of commercial and industrial (C&I) battery energy storage systems (BESS), which improve on their predecessor models,... 

Astral ends full-year with solid cash position, pays out 112% higher dividend

Integrated poultry producer Astral Foods reported an operating profit of R1.24-billion in the year ended September 30, despite having experienced pressure on its earnings in the first half of the... 

Gauteng agency declares OR Tambo SEZ Precinct 2 'open for investment'

In marking a significant step in South Africa’s industrial development journey and turning eastern Gauteng into an aerotropolis, FNB Gauteng Business and the Gauteng Growth and Development Agency... 

Collision avoidance standard need not be disruptive

Mine safety systems original-equipment manufacturer (OEM) Booyco Electronics says the implementation of Level 9 vehicle interventions for collision avoidance at mines remains uneven across the... 

SEW-EURODRIVE opens new facility for full-circle gearbox servicing and repairs

Gears and motors original-equipment manufacturer (OEM) SEW-EURODRIVE South Africa has opened a new service and repair facility in Aeroton, Johannesburg, to provide customers with full gearbox... 

Risk mitigation in focus as SA opens rail and port networks to private participants

With State-owned freight logistics group Transnet having turned to the market to invest in rail and port infrastructure, and the Department of Transport (DoT) having introduced various reforms to... 

Risk mitigation in focus as SA opens rail and port networks to private participants

With State-owned freight logistics group Transnet having turned to the market to invest in rail and port infrastructure, and the Department of Transport (DoT) having introduced various reforms to... 

Sugar import surge has led to local industry loss of R760m already this year

Industry body SA Canegrowers says an unprecedented surge in imported sugar is leading to drastically lower sales of locally produced sugar. The organisation believes not enough is being done to... 

Optasia successfully lists on the JSE

Financial technology (fintech) company Optasia has successfully listed on the main board of the JSE, with its initial public offering (IPO) having been priced at R19 apiece. The listing marks a... 

Energy Drive appoints veteran clean solutions expert Moelders COO

UK-based motor efficiency company Energy Drive has appointed Dr Nick Moelders COO. Based in the US, his appointment marks a significant step in the company’s global expansion and enhancing its... 

Nersa approves maximum piped gas prices for three suppliers

The National Energy Regulator of South Africa (Nersa) has approved maximum prices of gas for three natural gas suppliers Spring Lights Gas, Natural Gas Vehicles and Virtual Gas Network. Spring... 

Minerals Council details contribution to the economy, livelihoods

Industry body Minerals Council South Africa finds in its latest 'Mining Matters' report that the local industry provided R470-billion in household income in 2024, which demonstrates its role in... 

Solid industrial property demand bolsters higher distributable income for Redefine

JSE-listed Redefine Properties has delivered a 7.8% year-on-year increase in its distributable income to R3.6-billion for the financial year ended August 31, compared with distributable income of... 

BMW South Africa shares peek inside world-class PHEV assembly operations

Having made adjustments worth R4.2-billion to its Rosslyn-based production plant to accommodate for plug-in hybrid electric vehicle (PHEV) manufacturing since October last year, automotive... 

Junior Mining Exploration Fund delivering meaningful progress

After a successful first window of funding disbursed through the Junior Mining Exploration Fund (JMEF), the Council for Geoscience, together with the Industrial Development Corporation (IDC) and... 

Digital asset management will become backbone of modern energy system – consultancy

In continuing a two-part series of webinars on opportunities for digitalisation in South Africa’s energy sector, expert participant Siham Salie-Abrahams, representing advisory firm HKA Global, said... 

Transport challenges demand sincere cross-government commitment – Cesa

South Africa’s transport challenges demand a holistic, long-term approach that integrates planning, technical expertise and governance across all levels of government, says industry body Consulting... 

Valterra’s third-quarter volumes dip but it expects these will recover soon

London- and Johannesburg-listed Valterra Platinum has successfully reached steady-state production at the Tumela Lower section of the Amandelbult mine, in Limpopo, marking the completion of the... 

CDH clarifies ‘new’ FIDIC rules that construction sector still struggles with

Eight years after the official release of the 2017 edition of the FIDIC, or International Federation of Consulting Engineers, suite of contracts including the Red, Yellow and Silver Books, law firm... 

Tru-Cape expects strongest cherry harvest in Ceres

Fruit distributor Tru-Cape expects a strong, early harvest of cherries this season in Ceres, in the Western Cape. In fact, the company is confident that early indications point to the largest... 

Gold set to soar even higher in 2026 – Metals Focus

Precious metals consultancy Metals Focus says in its latest ‘Precious Metals Investment Focus’ report for 2025/26 that gold prices will continue to rise in 2026, with the metal likely to reach the... 

Shuka confirms funds to advance Kabwe deal will release this week

Aim- and AltX-listed Shuka Minerals has advised that payments that will enable its acquisition of Leopard Exploration and Mining (LEM) and Kabwe zinc mine, in Zambia, are proceeding this week.... 

Perseus reports lower quarterly production as flagship mine transitions underground

Australian gold miner Perseus Mining has reported lower production of 99 953 oz for the quarter ended September 30, which is the first quarter of its 2026 financial year. Output for the quarter... 

SEW-EURODRIVE opens new facility for full-circle gearbox servicing and repairs

Gears and motors original-equipment manufacturer (OEM) SEW-EURODRIVE South Africa has opened a new service and repair facility in Aeroton, Johannesburg, to provide customers with full gearbox... 

Ramaphosa appoints Godongwana acting President amid back-to-back travels

President Cyril Ramaphosa has appointed Finance Minister Enoch Godongwana as acting President, from October 21 to 27. Ramaphosa is undertaking consecutive international visits in the coming days,... 

Private equity firm Resolve acquires project-based tiler Tiletoria

Private equity firm Resolve has acquired one of South Africa’s biggest tile and bathroom specification businesses, Tiletoria, which is located in Cape Town. Resolve says the deal signals renewed... 

Longer-term demand-side support needed to realise universal electricity access in Africa – IEA

African countries need $150-billion of investment to realise universal electricity access by 2035, which equals $15-billion of investment every year; however, less than $2.5-billion was committed... 

Coca-Cola HBC to acquire Coca-Cola Beverages Africa in $2.6bn deal

Bottling partner Coca-Cola HBC has reached an agreement with beverage producer The Coca-Cola Company (TCCC) and Gutsche Family Investments (GFI) to buy a 75% stake in Coca-Cola Beverages Africa... 

Climate finance for developing countries among key outcomes expected from COP30

With fewer than 30 days before the COP30 climate conference in Belém, Brazil, South Africa has been strengthening its collective resolve to place people, planet and prosperity at the centre of... 

Glencore Merafe Chrome Venture renews fuel supply agreement with Astron

The Glencore Merafe Chrome Venture, a joint venture (JV) between Merafe Resources and Glencore Operations South Africa, has concluded a renewed supply agreement with energy company Astron Energy... 

DBSA, AFD and Proparco extend cooperation to 2030

The Development Bank of Southern Africa (DBSA) has signed a memorandum of understanding (MoU) with French finance institution Agence française de développement (AFD) and its subsidiary Proparco... 

Rhodes Business School, consultancy partner to create occupationally practical courses

Business management consultancy LRMG’s academic learning innovation arm DigitalCampus has partnered with Rhodes Business School to provide high-impact and occupationally relevant learning... 

EY unpacks value of smart meter management, digital integration as power system decentralises

As the South African energy sector undergoes a profound shift from traditional, centralised power generation to a more decentralised but interconnected one, digitally integrated systems can...