Eskom says key revision number rollover project on track

State-owned Eskom says its key revision number rollover project is progressing well, with 3.61-million, or 52%, of the 6.9-million prepayment meters already recoded as of May 15. The main Eskom... 

UN Global Campaign for Road Safety launched in South Africa

In support of national and local authorities’ road safety initiatives, the UN Secretary-General's Special Envoy for Road Safety Jean Todt, in partnership with outdoor advertising company JCDecaux,... 

Dipula reports improved metrics, hones in on solar

JSE-listed real estate investment trust Dipula Income Fund has reported improved operational and financial metrics, as well as strategic gains in a period that marked the first phase of its new... 

EWSETA, partners to advance women in electrical, renewable energy fields in Limpopo

The Energy and Water Sector Education and Training Authority (EWSETA), the US Agency for International Development (USAID) – in support of Power Africa, a US government-led partnership – and the... 

Tirupati urges shareholders to vote against replacing the board with new directors

London-listed specialist flake graphite producer Tirupati Graphite has asked shareholders to vote against resolutions brought by a group of shareholders seeking the removal of chairperson and MD... 

Ardagh installs technology to improve air-quality around Wadeville facility

Glass producer Ardagh Glass Packaging–Africa has installed an electrostatic precipitator (ESP) at its Wadeville production facility. An ESP is a device used to filter particulate matter from gases.... 

South Africa avoids technical recession despite challenges – Deloitte

With unemployment, loadshedding and a weak economy being front-line issues in the upcoming elections, the incoming administration must drive investment and reform to restart growth, build... 

Drakenstein municipality completes audit, resets prepaid electricity meters

Drakenstein municipality, covering Paarl, Wellington, Mbekweni, Gouda, Saron, Hermon and Simondium, in the Western Cape, has completed the formal auditing process of prepaid electricity meters of... 

Balwin seeks to broaden access to padel in South Africa

Balwin Padel, a division of JSE-listed property developer Balwin Properties, opened four new padel courts at its Thaba Eco Lifestyle Centre, in Gauteng, at the end of April. The sports centre now... 

Unctad calls for innovative investment strategies

Amid the complex landscape of global foreign direct investment (FDI), the United Nations Conference on Trade and Development (Unctad) has called for innovative investment strategies to foster... 

South African companies struggling to keep pace with e-commerce growth

While the cost of doing business is increasing, as companies grapple with ad hoc systems, legacy technology, skills gaps and poor infrastructure, global e-commerce companies with a “wealth of... 

Underspending on repairs, maintenance impacting on Joburg infrastructure – JoburgCAN

Following a decade of underspending on repairs and maintenance on infrastructure, JoburgCAN, an initiative of the Organisation Undoing Tax Abuse (Outa), says it is “gravely concerned” over the... 

South African company comes second in Milken-Motsepe Prize in Green Energy competition

The Milken Institute and the Motsepe Foundation have announced Aftrak and Omnivat as winners of the Milken-Motsepe Prize in Green Energy – a $2-million innovation competition to reward... 

Atlantic achieves positive drilling results at Ewoyaa target

Africa-focused lithium exploration and development company Atlantic Lithium has reported that initial assay results from the drilling completed so far this year at its Ewoyaa project, in Ghana,... 

Attacq subsidiary acquires remaining 20% stake in Mall of Africa

JSE-listed real estate investment trust (Reit) Attacq’s 70% held subsidiary, Attacq Waterfall Investment Company (AWIC), has acquired the remaining 20% stake in Mall of Africa from the Atterbury... 

Growth in platinum jewellery demand continues in most key markets

In its latest Platinum Jewellery Business Review (PJBR) for the fourth quarter of 2023,  marketing organisation Platinum Guild International (PGI) has reported that India’s jewellery market... 

Coordinated, rapid plan needed to avoid ‘gas cliff’ – Mavuso

In her latest weekly newsletter, Business Leadership South Africa CEO Busisiwe Mavuso warns that South Africa could face a “gas cliff” when the supply of gas to industrial users ceases in 2026. In... 

DTPC launches Dube TradeZone 2, attracts R1.8bn in private investment

KwaZulu-Natal provincial entity Dube TradePort Corporation (DTPC) has launched its Dube TradeZone 2 – the second phase of the industrial precinct and special economic zone (SEZ) adjacent to the... 

Wind energy critical to bolster energy capacity – SAWEA

Despite recent efforts to bolster electricity generation capacity, the path to energy security remains full of obstacles. The integration of renewable energy, particularly wind power, is critical... 

SAB launches talent programme, invites young graduates to apply

Against the backdrop of a high unemployment rate among South Africa’s youth, beermaker South African Breweries (SAB) has launched the first edition of its SAB Talent Challenge. The SAB explains... 

West Wits to raise A$1.4m

To strengthen its balance sheet and fund its ongoing operations, ASX-listed West Wits Mining has secured firm commitments from unrelated existing and new sophisticated and professional investors to... 

Motus CEO to retire in October

Osman Arbee will be retiring as CEO of automotive group Motus, with effect from October 31, and will be succeeded by the group’s CFO Ockert Janse van Rensburg, with effect from November 1. Having... 

IIoT seen mitigating illegal connections to mains electricity

Illegal connections are one of the leading causes of electricity-related injuries and deaths in South Africa, while also posing a risk of fires and electrocutions in communities. It also adds to... 

Diamcor announces C$1.5m private placement

Diamond mining company Diamcor Mining plans to complete a non-brokered private placement financing of up to C$1.5-million, and anticipates that an aggregate of up to C$1.25-million of the financing... 

RAF launches campaign to deal with unfinalised claims

Amid a current backlog of around 321 000 unfinalised claims, the Road Accident Fund (RAF) has launched a campaign to reduce claims submitted before April 2021 that have yet to be finalised. The... 

Rand Refinery donates R2m to seven Gauteng schools

As part of its commitment to education, precious metals refiner Rand Refinery has donated R2-million to seven primary and secondary schools in Gauteng. The company says this donation will be... 

Without rooftop solar investments, loadshedding would be worse, study shows

Amid the energy challenges facing South Africa, residential solar energy company GoSolr says radical steps must be taken to secure the country’s energy supply and notes that solar energy will have... 

Coca Cola’s Namibia recycling partnership turns bottles into brighter futures

An investment of more than $1.2-million through a partnership between Coca-Cola Beverages Africa (CCBA) and plastic packaging company Plastic Packaging has culminated in the opening of a new... 

Standard Bank mobilises debt fund to support sustainable infrastructure in Africa

Financial services firm Standard Bank has committed to Acre Impact Capital’s Export Finance Fund I to support the financing of sustainable projects in Africa. Acre Impact Capital manages Export... 

Tetra Pak’s Pinetown plant reopened after R500m upgrade

Food processing and packaging solutions company Tetra Pak has reopened its newly renovated factory in Pinetown, KwaZulu-Natal, following an investment of about R500-million. The investment was... 

Perseus expects strong operating performance to continue

ASX- and TSX-listed Perseus Mining has reported gold sales of 115 648 oz in the March quarter – a 19 489 oz decrease on sales in the December 2023 quarter, owing to the timing of gold sales. The... 

Ironveld enters facility agreement with Tracarta

Aim-listed mining development company Ironveld has entered into a further working capital loan facility agreement with shareholder Tracarta, in which Ironveld chairperson John Wardle has a... 

Dr Surinder Ghag appointed Sovereign chief technology officer

Aim- and ASX-listed Sovereign Metals has appointed graphite and battery anode specialist consultant Dr Surinder Ghag as chief technology officer of graphite. Ghag will assist Sovereign's graphite... 

Unctad calls for innovative investment strategies as global crises fracture foreign investment

Amid the complex landscape of global foreign direct investment (FDI), the United Nations Conference on Trade and Development (Unctad) has called for innovative investment strategies to foster... 

Imameleng Mothebe appointed AMIE CEO

Imameleng Mothebe has been appointed as the new CEO of the Association of Meat Importers and Exporters of Southern Africa (AMIE) as of May 2. She will succeed outgoing CEO Paul Matthew. 

Globeleq acquires 48.3% interest in Egypt solar plant

Independent power company Globeleq has completed the acquisition of a 48.3% equity stake in the 25 MW Winnergy solar photovoltaic (PV) plant in Egypt from Enerray, Enerray Global Solar... 

Kumba’s first-quarter sales fall 10% on port challenges

Anglo American subsidiary Kumba Iron Ore has reported a 10% year-on-year decrease in sales to 8.5-million tonnes for the quarter ended March 31, on the back of port performance challenges. About... 

Boliden, Epiroc and ABB deploy first battery-electric truck trolley system for underground mining

Swedish metals maker Boliden, technology company ABB and original-equipment manufacturer Epiroc have successfully deployed the first fully battery-electric truck trolley system on an 800-m-long... 

Tabula launches ESG-focused exchange-traded commodity

European exchange-traded fund provider Tabula Investment Management has launched an environmental, social and governance- (ESG-) focused physical gold exchange-traded commodity (ETC), the single... 

Merafe reports 26% y/y decrease in first-quarter ferrochrome production

JSE-listed Merafe has reported that its attributable ferrochrome production from the Glencore Merafe Chrome Venture in the first quarter ended March 31 was 77 000 t. This represents a 26% decrease...