Nearly 80% of township businesses unregistered, holding back their growth potential, report shows

Despite being worth almost R1-trillion and creating significant employment opportunities, South Africa’s township informal economy largely remains underserved by traditional financial institutions.... 

Westbrooke acquires solar portfolio across 91 Shell Downstream South Africa service stations

Westbrooke Renewable Energy Alternatives (Westbrooke Real), an alternative investment strategy managed by Westbrooke Alternative Asset Management, has acquired a portfolio of operational solar PV... 

White Paper reveals South Africa’s trade opportunities amid global shifts

With South Africa being at a critical juncture in its trade journey, a new White Paper released by global fintech platform Verto, reveals that, while local businesses face mounting pressures from... 

MC Mining appoints new nonexecutive director

Coal miner MC Mining has appointed Jianheng Deng as nonexecutive director, effective October 15, following the resignation of Brian He Zhen. Following MC Mining’s continued positive progress in... 

Thor Explorations reports continued positive drilling results from Côte d’Ivoire project

Aim- and TSX-V-listed Thor Explorations has completed 4 604 m of reverse circulation (RC) drilling during a maiden drilling campaign at its 100%-owned Guitry gold project, in Côte d’Ivoire, with... 

Thungela CEO reflects on importance of coal in the global energy mix

Despite a global transition towards more renewable sources of energy, coal remains important in the global energy landscape, with global coal demand having reached about 8.8-billion tons in 2024.... 

Magara reflects on return as Exxaro CEO, discusses diversification strategy

Reflecting on his return as CEO of Exxaro Resources, Ben Magara discussed the group’s diversification strategy at this year’s Joburg Indaba, highlighting the “next dawn” at the company. In a... 

Eskom chairperson highlights focus shift from energy security to affordability

While State-owned Eskom has historically faced systemic challenges such as unreliability of its generation fleet and a weak balance sheet, chairperson Dr Mteto Nyati has said the utility is... 

Conference highlights implications of science, technology, innovation in driving sustainability

As the world transitions from traditional, centralised power generation to more decentralised, digitally integrated systems – driven by decarbonisation imperatives – South Africa’s energy sector is... 

Springbok solar PV project reaches commercial operation – Sibanye-Stillwater

Multinational mining and metals processing group Sibanye-Stillwater has reported that the Springbok solar PV project, in South Africa’s Free State province, has achieved commercial operation. The... 

St Barbara to raise A$58m to support Simberi development

ASX-listed St Barbara has reported that it has received firm commitments for an institutional placement of new fully paid shares to raise A$58-million – before costs – through the issue of about... 

North Stanmore clears environmental milestone

ASX-listed Victory Metals has completed baseline environmental and biological studies at the North Stanmore heavy rare earth project in Cue, Western Australia. Victory says the results reinforce... 

Wetility to launch One Bill offering as a holistically managed total energy service

Solar technology company Wetility has provided a preview of its One Bill offering, which it describes as a comprehensive energy management system designed to increase solar adoption in South... 

PDI, Robex announce merger to create one of Africa’s top five gold miners

ASX-listed Predictive Discovery (PDI) and Canadian company Robex Resources have entered into a definitive agreement to combine in a merger of equals, with PDI to acquire all of the issued and... 

Collaboration, investing in young researchers key for future of science in South Africa

The mining sector continues to play an important role in South Africa’s economy and collaboration among researchers remains vital to ensure the ongoing competitiveness of the domestic sector in the... 

Africa50 appoints global leader to spearhead its later-stage Africa-focused Infrastructure Acceleration Fund

Pan-African infrastructure investor and multi-vehicle asset manager Africa50, on October 1 announced the appointment of Sérgio Pimenta as CEO of the Africa50 Infrastructure Acceleration Fund (IAF).... 

Dialogue highlights role of African financial institutions in driving sustainable development

While African financial institutions play an important role in driving sustainable development amid global challenges such as climate change, pollution and biodiversity loss, tackling climate and... 

New window for Junior Mining Exploration Fund opens

Following the success of the first window for the Junior Mining Exploration Fund (JMEF), the Department of Mineral and Petroleum Resources (DMPR), the Council for Geoscience (CGS) and the... 

Ainscow to step in as interim ASP CEO as Mann scales back duties

JSE-listed ASP Isotopes has announced that, effective October 1, Paul Mann, the founder, chairperson and CEO of ASP Isotopes, will become executive chairperson of ASP Isotopes and will be taking a... 

Bannerman reports solid progress for Etango early works

ASX-listed Bannerman Energy has reported that early works construction activities at its Etango uranium project, in Namibia, are tracking in line with budget and on schedule. The company reports... 

Akobo expects to deliver positive cash flow from operations in the third quarter

Scandinavian gold producer Akobo Minerals, which is ramping up development at its Segele mine, in Ethiopia, has reported revenues of SKr9.6-million for the second quarter of this year. The company... 

Kendrick Resources exercises option for Zambia licence

London-listed Kendrick Resources has, further to its announcement on June 10, exercised its option in relation to the acquisition of the Blue Fox licence, in northwest Zambia. Accordingly, the... 

US DFC provides $4.6m in project development funding for Songwe Hill

Aim- and TSX-V-listed Mkango Resources has announced that its indirect wholly owned subsidiary, Lancaster Exploration – to be renamed Mkango Rare Earths (MKAR) – has entered into a project... 

Zanaga executes share lock-in agreements with major shareholders

Aim-listed Zanaga Iron Ore Company (ZIOC) has announced that, following a request from a potential investor engaged in ZIOC's strategic partner process, lock-in agreements have been signed between... 

BBCBE signs MoU with Access Bank

Nonprofit organisation the Black Business Council in the Built Environment (BBCBE) has signed a memorandum of understanding (MoU) with financial services firm Access Bank to unlock significant... 

South Africa makes progress in pursuit of predictable US relations, logistics reforms – Mavuso

Considering the global economy thrives on predictability, when certainty evaporates, businesses have to adapt or perish, says Business Leadership South Africa (BLSA) CEO Busi Mavuso. In her latest... 

New GX Capital announces Nedbank CIB’s participation in Airnergize Capital Fund I

Investment firm New GX Capital, under the leadership of CEO Khudusela Pitje, has announced that Nedbank Corporate and Investment Banking (Nedbank CIB) has committed $28-million to Airnergize... 

Uni-span backs Botswana’s energy infrastructure in major cross-border engineering project

South African scaffolding and formwork specialists Uni-span is playing a pivotal role in one of Botswana’s biggest infrastructure projects – a 30-m-high, 140-m-wide dome-shaped coal storage... 

Wesizwe expects to report widened losses

JSE-listed Wesizwe Platinum has informed shareholders that it expects to report a loss a share of between 12.78c and 12.94c for the year ended December 31, 2024, representing a widening on the loss... 

Advantages of platinum highlighted during jewellery trade show

An international panel of jewellery experts highlighted platinum’s present and distinct advantages of price and technical brilliance at the Jewellery & Gem WORLD Hong Kong 2025 trade show.... 

Matrix Vehicle Tracking launches FireStop private firefighting service

As South Africa’s public fire services face a shortage of resources, vehicle tracking and recovery company Matrix Vehicle Tracking has launched a new private initiative – FireStop – providing... 

Phakamani Impact Capital celebrates R1bn disbursement to SMEs

Phakamani Impact Capital, a holding company committed to transforming workforce development, small and medium-sized enterprise (SME) growth and economic upliftment, has disbursed R1-billion on... 

Companies urged to better understand the importance of ESG

As requirements for environmental, social and governance (ESG) reporting become increasingly more stringent, companies in South Africa are urged to better understand the importance of ESG... 

Domestic growth expected to be subdued this year

Amid a shift taking place in the global trading landscape, owing to issues such as elevated uncertainties and building inflationary pressures, Investec economist Lara Hodes has said the growth rate... 

Transnet Engineering signs another contract with Eswatini Railways

Transnet Engineering (TE) earlier this month signed a three-year contract with Eswatini Railways (ESR) for the supply and delivery of 26 rolling stock wheelsets for wagons, as well as for D-shed... 

WPIC highlights evolution of PGMs in 3D printing

Having been over a decade since Japan’s Tanaka Precious Metals developed the world’s first platinum-based powder for 3D printers, the World Platinum Council (WPIC) highlights how the use of... 

PGI initiatives at Jewellery and Gem WORLD Hong Kong conference spotlight platinum as priority metal

Amid a soaring gold price, global platinum jewellery marketing organisation Platinum Guild International (PGI) says it will spotlight a new era of platinum jewellery opportunities at the Jewellery... 

ASP Isotopes officially lists on the JSE

Nasdaq-listed highly enriched isotopes company ASP Isotopes’ (ASPI’s) shares started trading on the JSE on August 27 under the ticker ISO. The company, which is in the process of acquiring ASX- and... 

South Africa’s manufacturing production declines 0.7% in July

Statistics South Africa (Stats SA) has reported that manufacturing production decreased by 0.7% year-on-year in July. Stats SA industry statistics director Nicolai Claassen notes that seven of the... 

Beka Schréder launches new head office

Luminaire manufacturer Beka Schréder has opened its new head office, in Olifantsfontein, Gauteng, with the aim to streamline workflows, reduce production bottlenecks and enable quicker turnaround...