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The immediate target of new Copper 360 CEO Graham Briggs is 5 000 t of copper in six to 12 months. Based on current assessments, Briggs is of the firm belief that, within that period, the...
South Africa's manufacturing production decreased by 6.3% year-on-year in April. The largest negative contributions were made by the food and beverage; basic iron and steel, nonferrous metal...
Telecommunications giant Vodacom Group has reached a major decarbonisation milestone – 100% of its purchased electricity is now from renewable sources. The group has several on-site renewable power...
As of Monday morning June 10, it seems that Zambia’s Ministry of Mines and Mineral Development has reactivated the cadastre portal that is non-locally hosted amid the in-country-hosted version...
JSE-listed Telkom has tabled its new three-year guidance as its data-led strategy delivers double-digit growth for the year ended March 31. The medium-term guidance to 2025 had been achieved – and...
The World Bank has approved a $1.5-billion loan to support structural reforms aimed at boosting South Africa’s infrastructure. The Washington-based lender said in a statement the operation will...
Cape Town Mayor Geordin Hill-Lewis says the city has approached the Constitutional Court to invalidate the Public Procurement Act. The city previously warned that the Bill would slow down local...
The South African Radio Astronomy Observatory (SARAO) announced on Tuesday that its MeerKAT radio telescope array had for the first time, and successfully, participated in a regular international...
South African independent power producer (IPP) Mulilo has emerged as a leading battery storage project sponsor following three public procurement bidding rounds. It is participating in 12 of the 18...
JSE-listed international engineering-led contractor Aveng has warned shareholders that it is likely to report a loss for the financial year ending June 30, mainly as a result of challenges with the...
JSE-listed chemicals manufacturing company Omnia has achieved a 3% year-on-year increase in revenue to R22.81-billion for the financial year ended March 31, while its operating profit was flat at...
The Coega Green Ammonia project in Nelson Mandela Bay has reached another milestone – the permitting of a 1 430 MW solar PV cluster development phase that will supply 40% of the power required by...
New gazetted rules that enable government departments to procure their IT services without having to rely on the State Information Technology Agency (Sita), despite strong initial opposition from...
Statutory body the Office of the Pension Funds Adjudicator (OPFA) has reported the South African Local Authorities Pension Fund to regulator the Financial Services Conduct Authority, recommending...
After gaining one index point in the first quarter of the year, the FNB/BER Building Confidence Index fell by five points to 36 in the second quarter. The current reading means that almost 65% of...
Volkswagen Group Africa (VWGA) has appointed Simphiwe Nghona as its new sales and marketing director. Nghona succeeds Thomas Milz.
European renewable energy infrastructure asset owner and operator Greencoat Renewables (GRP) officially listed on the AltX of the JSE on June 9. This is a secondary listing for the company, which...
JSE-listed PPC on Monday reported a step change, ahead of expectations, in key financial metrics such as its margins, profitability and cash generation for the year ended March 31, which reached...
The recently released Draft Domestic Aviation Sector B-BBEE Scorecards and Amendments could be implemented, but only if government does its part. This point was made by Airlines Association of...
The South African rand was steady in early trade on Monday, as markets awaited pivotal US-China trade talks set to take place later in the day that could ease tensions between the two nations. At...
Frank Eckard, CEO of a German magnet maker, has been fielding a flood of calls in recent weeks. Exasperated automakers and parts suppliers have been desperate to find alternative sources of...
The South African government has provided an update on the timelines for the launch of the inaugural procurement of independent transmission projects (ITPs), as well as additional insight into the...
South Africa’s first-of-a-kind refill store to reduce single-use plastic packaging, Skubu, was launched in Diepsloot, Johannesburg, by Sonke in collaboration with the Council for Scientific and...
Economic research nonprofit Trade and Industrial Policy Strategies said in its ‘First Quarter 2025 Real Economy Bulletin’ that GDP barely grew from the fourth quarter of 2024 to the first quarter...
Rand Mutual Assurance (RMA) has concluded a memorandum of understanding (MoU) with the Insurance Sector Education and Training Authority (INSETA) and the Mining Qualifications Authority (MQA) to...
The National Consumer Tribunal has confirmed a settlement agreement entered into between the National Consumer Commission (NCC) and a peanut butter manufacturer, which has agreed to pay an...
With the platinum price now over the $1 000/oz threshold, many are holding thumbs that price discovery will be further elevated by China as it proposes an inventive global platinum and palladium...
JSE-listed real estate investment trust (Reit) Fairvest has announced its financial results for the six months to March 31, with an interim distribution of 69.66c per A share and 23.10c per B...
South Africa’s Independent Power Producer Office (IPPO) has confirmed that it is undertaking a comprehensive review of the country’s public procurement framework for independent power producers...
The indication by State-owned utility Eskom that virtual wheeling is not yet available to licensed electricity traders is “surprising and disappointing”, EE Business Intelligence MD Chris Yelland...
South Africa is building up vaccine stocks and expanding inoculations to fight a worsening foot-and-mouth disease outbreak, the agriculture ministry said, as the country faces threats to beef...
Standard Bank and renewable-energy aggregator NOA have reached financial close on the 349 MW Khauta South Solar PV project, a flagship renewable-energy development that introduces a pioneering...
The main contribution from the steel value chain to South Africa’s GDP comes from machinery and automotive production, along with the construction industry. From this standpoint, maximising the...
Gauteng will roll out a new digital vehicle licence plate system that will track each numberplate from manufacture to fitting and will include information of the owner and vehicle while the...
Africa Finance Corporation, a Lagos-based continental financier, will sign a deal with Italy for $320-million financing partly for a new transport corridor linking critical mineral fields with an...
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