Kropz secures R250m loan facility from ARC Fund

Aim-listed phosphate producer and developer Kropz has reported that its subsidiary Kropz Elandsfontein and ARC Fund have agreed to a R250-million loan facility. Kropz reports that its Elandsfontein... 

Scatec starts commercial operation at Grootfontein solar power plant

Renewable-energy provider Scatec ASA has started commercial operation of the 273 MW Grootfontein solar power plant in South Africa, which will generate predictable revenues from a 20-year power... 

NQF partners warn against unaccredited institutions, certificates ahead of 2026 enrolment

As the issue of unaccredited institutions and certificates remains a persistent problem in South Africa, National Qualifications Framework (NQF) partners – the South African Qualifications... 

Sappi, UPM propose combining their European graphic paper businesses

Paper and pulp manufacturer Sappi and Finland-based material solutions company UPM-Kymmene Corporation have signed a nonbinding letter of intent to combine their European graphic paper businesses... 

Mining sector growth outperforms other sectors again, but Minerals Council notes economic stagnation

The Minerals Council South Africa has noted that another “uninspiring” GDP performance was recorded for South Africa in the third quarter, with GDP having grown by 0.5%  quarter‐on‐quarter. The... 

Harmony awards Metso key equipment contract for its Eva copper project

Process technology company Metso has reported that gold and copper producer Harmony Gold Mining Company has selected it to deliver the key equipment for its Eva copper project, in Queensland,... 

Afrimat Construction Index continues recovery in the third quarter

The Afrimat Construction Index (ACI) recorded a double-digit quarter-on-quarter increase for the third quarter, representing a significant improvement over the second-quarter results. This... 

Fibre Circle colloquium calls for stronger partnerships to transform South Africa’s circular paper economy

Fibre Circle, the producer responsibility organisation (PRO) for South Africa’s paper and paper packaging sector, gathered stakeholders from across the waste and recycling value chain at its recent... 

Index reveals encouraging uptick in business confidence

Following two consecutive quarters of declines, the Rand Merchant Bank (RMB)/Bureau for Economic Research (BER) Business Confidence Index (BCI) rose by five points to 44 in the fourth quarter of... 

Exploration target highlights major resource growth opportunity at Muntanga

ASX-listed Atomic Eagle has reported a new Joint Ore Reserves Committee (Jorc) exploration target of between 40-million and 100.5-million pounds of triuranium octoxide (U3O8) at a grade range of... 

Raubex considers disposal of shareholding in Bauba

JSE-listed Raubex Group has advised shareholders that it is assessing the possible disposal of all, or a portion of, its shareholding in mining company Bauba Resources. In a December 3... 

Norway reaffirms support for low-income African countries

The African Development Bank Group (AfDB) says Norway has reaffirmed its long-standing commitment to Africa’s low-income countries with a NKr3.1-billion pledge to the African Development Fund’s... 

Business Partners launches new Basadi-Women Growth Fund

Financial services provider for small and medium-sized enterprises (SMEs) Business Partners has launched a R90-million Basadi-Women Growth Fund. The company points out that research has shown that... 

Commission refers complaint against shipping companies to tribunal for prosecution

The Competition Commission has referred a complaint against eight cargo shipping companies to the Competition Tribunal for prosecution. The commission says the eight cargo shipping companies are... 

DBSA reports higher interim net profit, operating income

The Development Bank of Southern Africa (DBSA) has reported a 9.3% year-on-year increase in its net interest income to R4.4-billion and a 55.9% increase in operating income to R5.6-billion for the... 

Endeavour targets discovery of 12Moz to 15Moz over next five years

London- and Toronto-listed Endeavour Mining has announced that its 2026 to 2030 exploration programme is targeting the discovery of between 12-million and 15-million ounces of mineral resources, at... 

SRK Consulting opens new office in Bloemfontein, looking to diversify

After running a solo operation in the Free State for a number of years, SRK Consulting South Africa associate partner and principal scientist in disaster and risk management Dr Herman Booysen is... 

Fairvest delivers strong distribution growth, surpasses guidance

JSE-listed property group Fairvest has reported a yearly distribution of 142.57c per A share and 48.15c per B share for the financial year ended September 30, surpassing the guidance provided to... 

Wacker Neuson introduces Weidemann brand for sub-Saharan Africa’s agri sector

Construction, agriculture and forestry machinery and equipment manufacturer Wacker Neuson South Africa has announced the introduction of German telehandler brand, Weidemann, to sub-Saharan Africa’s... 

Fortuna confident of Séguéla life extension as exploration continues

Drilling activity continues at NYSE- and TSX-listed Fortuna Minings Séguéla mine, in Côte d’Ivoire, as part of efforts to extend the project’s life-of-mine (LoM). The expansion of mineral resources... 

Hillside Aluminium pledges R200m to boost Richards Bay manufacturing

Diversified miner South32’s Hillside Aluminium subsidiary has partnered with the Automotive Industry Transformation Fund (AITF) and the Department of Trade, Industry and Competition (dtic) to... 

Walmart's second South African store to open in Fourways

Closely following the successful opening of the first Walmart store in Clearwater Mall, in Johannesburg, the retailer has announced that its second Walmart-branded store in Fourways will open to... 

TNPA completes Durban’s Bayhead road ahead of schedule

State-owned Transnet National Ports Authority (TNPA) has reported that it has successfully completed the rehabilitation of Bayhead road at the Port of Durban a month ahead of schedule. The utility... 

National Treasury issues new infrastructure, development finance bond

The National Treasury has launched a new infrastructure and development finance bond, which will be issued to the market under government’s domestic borrowing programme. This is part of a suite of... 

Vukile delivers strong first half, upgrades full-year guidance

JSE-listed real estate investment trust (Reit) Vukile Property Fund has reported strong results for the six months ended September 30, outperforming guidance. Vukile increased its half-year... 

Caledonia to proceed with Bilboes development as feasibility study shows project’s promise

Aim-listed Caledonia Mining has announced that it will proceed with the development of the Bilboes gold project, in Zimbabwe, following completion and publication of a feasibility study. The... 

AFD to support Transnet’s decarbonisation goals with R6bn loan

The French Development Agency (AFD) has agreed to provide State-owned Transnet with a €300-million, or R6-billion, loan to help achieve its decarbonisation objectives. Transnet and the AFD on the... 

Eastplats reports narrower losses

TSX- and JSE-listed Eastern Platinum’s (Eastplats’) revenue for the third quarter ended September 30 increased to $13.7-million, representing a $2.7-million, or 24.5%, increase year-on-year.... 

Minerals Council joins application to review R54bn Eskom-Nersa settlement

The Minerals Council South Africa has confirmed that it has applied to be joined as a third respondent in a court bid to halt a controversial settlement agreement between power utility Eskom and... 

Liberty Coal announces new phase of operations at Optimum

Coal miner Liberty Coal has announced that it is implementing its long-standing plans of appointing Liberty Mine Services (LMS), a member of the Liberty group of companies, as its principal mining... 

Goldplat reports strong operating quarter, £2.09m operating profit

Aim-listed Goldplat has reported that its two recovery operations – in South Africa and Ghana – achieved a combined operating profit of £2.09-million for the quarter ended September 30. The company... 

Lucara reports $51.2m in revenue, advances Karowe underground project

Toronto-listed Lucara Diamond sold 101 422 ct during the quarter ended September 30, generating $51.2-million in revenue. In August, the company recovered a 1 015 ct non-gem diamond and a 37.42 ct... 

New partnership promotes responsible sourcing of PGMs

Nonprofit organisation the Initiative for Responsible Mining Assurance (IRMA) and trade association the London Platinum and Palladium Market (LPPM) have announced a new, non-exclusive collaboration... 

Gold Fields targeting incremental growth in output over the next five years

During a Capital Markets Day media conference call, on November 13, gold miner Gold Fields CEO Mike Fraser pointed out that the company was targeting incremental production growth over the next... 

Collaboration, investment key to driving local construction sector growth

As the South African construction sector navigates various challenges, such as high interest rates and a lack of infrastructure maintenance, various steps need to be taken for South Africa to... 

Tharisa signs new debt facilities with Absa, Standard Bank

JSE-listed Tharisa has, subject to the fulfilment of certain conditions precedent, signed a $130-million debt facility with Absa Bank – acting through its Corporate & Investment Banking (CIB)... 

Hillside Aluminium to provide R200m funding to support manufacturing in Richards Bay

Diversified miner South32’s Hillside Aluminium subsidiary has partnered with the Automotive Industry Transformation Fund (AITF) and the Department of Trade, Industry and Competition (dtic) to... 

GBCSA appoints new CEO

Green Building Council South Africa (GBCSA) has appointed Georgina Smit as CEO, effective May 2026, succeeding Lisa Reynolds, who has led the organisation since 2020. The announcement was made... 

Manufacturing production up 0.3% y/y in Sept

South Africa’s manufacturing production increased by 0.3% year-on-year in September, Statistics South Africa (Stats SA) reports. The largest positive contributions were made by the motor vehicles,... 

Blue Ridge enters chrome concentrate supply agreement with investment company

JSE-listed Mantengu’s 70%-owned subsidiary Blue Ridge Platinum has entered into a life-of-mine chrome concentrate supply agreement with Monteagle International. In terms of the supply agreement,...