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Press Office - Concor

Trump’s push for deep-sea metals clashes with UN ocean treaty
2nd May 2025 By: Bloomberg

President Donald Trump first set his sights on Canada and Greenland’s mineral resources. Now he’s eyeing the global seabed that holds vast troves of critical metals for green technologies but is... 


Experts convene in Washington to advance dialogue on African-led input in credit rating ecosystem
2nd May 2025 By: Sabrina Jardim

At a high-level dialogue held on the sidelines of the 2025 IMF–World Bank Spring Meetings, African institutions and global credit rating agencies reaffirmed their commitment to developing a fair,... 


Photo of Martin Creamer
On-The-Air (02/05/2025)
2nd May 2025 By: Martin Creamer

Martin Creamer talks about DRDGold; gold mining and office of the Engineer-General South Africa. 


Aterian to accelerate African growth with trade facility
2nd May 2025 By: Tasneem Bulbulia

London-listed Aterian has secured signed subscriptions for £468 000 of equity capital targeted through the issue of convertible bonds to both new and existing investors. It is intended that... 


Durban Chemicals Cluster Accelerator celebrates five years of supporting SMEs
2nd May 2025 By: Schalk Burger

The Durban Chemicals Cluster (DCC) Small and Medium-sized Enterprises (SMEs) Accelerator has driven more than R41-million in new sales, generating an estimated 359 new jobs in the local chemicals... 


Onafriq Partners with Circle to power remittances and cross-border payments with USDC
Onafriq Partners with Circle to power remittances and cross-border payments with USDC
2nd May 2025

Onafriq, Africa’s largest payments gateway, and Circle, stablecoin market leader and issuer of USDC, today announced their strategic partnership aimed at transforming cross-border payments and... 


Albemarle sees pressure building for high-cost lithium producers
Albemarle sees pressure building for high-cost lithium producers
2nd May 2025 By: Bloomberg

Albemarle, the world’s biggest lithium supplier, is anticipating more pain for higher cost producers of the battery metal, many of which are losing money due to low prices. About 40% of global... 


Magazine cover image
Infrastructure link between gas demand and supply remains a constraint
2nd May 2025 By: Schalk Burger

While there is strong demand for gas for industrial and commercial uses in South Africa – and no shortage of finance for upstream oil and gas projects – the country has yet to take meaningful steps... 


AN image of Standard Bank Group business and commercial banking trade group head Philip Myburgh
PPPs, streamlined payments encourage AfCFTA growth
2nd May 2025 By: Nadine Ramdass

Public–private partnerships (PPPs) and streamlined cross-border transaction processes, along with other key initiatives, can further allow for trade under the African Continental Free Trade Area... 


An image of SAIIA G20 researcher Kesaobaka Mopipi
G20 presidency must elevate AfCFTA
2nd May 2025 By: Nadine Ramdass

South Africa’s current intergovernmental forum Group of 20 (G20) presidency is pivotal in elevating the African Continental Free Trade Area (AfCFTA) on the global agenda and setting the foundation... 


Smart tape must replace red tape
2nd May 2025 By: Nadine Ramdass

While the African Continental Free Trade Area (AfCFTA) is the world’s largest free trade zone in terms of the number of participating countries, further efforts are required to unlock its full... 


Keren Energy seeks customers for its Western Cape green hydrogen project
2nd May 2025 By: Irma Venter

Keren Energy has made significant progress in the development of its green hydrogen (GH2) production facility near Vanrhynsdorp, in the Western Cape, says CEO George van Rensburg. The project aims... 


Auto component tariff impact to be felt in US ahead of South Africa – Naacam
2nd May 2025 By: Irma Venter

The immediate impact of a raft of new import tariffs on direct component exports from South Africa to the US is most likely to be felt there first, rather than here, says National Association of... 


VW’s Kariega plant readies for new small SUV introduction
2nd May 2025 By: Irma Venter

Volkswagen Group Africa’s (VWGA’s) Kariega plant will halt production for four weeks as the facility is readied for the addition of a third entry-level model to its production line-up in 2027.... 


The above image depicts two Babcock technicians working on the rebuild of the A40 articulated hauler
Branches receive rebuild certification
2nd May 2025

Following a rigorous vetting process, industrial and mining equipment supplier Babcock’s Bartlett branch in Gauteng and Middleburg branch in Mpumalanga, both of which service and maintain client’s... 


A man holding a piece of gold ore which has been mines illegally in ghana
Chamber supports legal small-scale mining
2nd May 2025 By: Halima Frost

The Ghanaian Chamber of Mines is in favour of, and supports, regularised and licensed small-scale mining, “just as the laws in Ghana support them”, reported acting CEO Ahmed Nantogmah during the... 


Image of SEW-EURODRIVE technicians repairing an industrial gearbox
Access to technical services expands across Africa
1st May 2025

Industrial gearbox, drives and automation solutions company SEW-EURODRIVE South Africa is rolling out its expansion plans into Africa, raising the level of customer support and extending services... 


Setting up your own AI supercomputer in South Africa just got much easier
Setting up your own AI supercomputer in South Africa just got much easier
30th April 2025

By: Managing Director - Renato Martins and AI consultant Ivan Coetzee South Africa is poised for an AI revolution. However, high costs, skills shortages and difficulty in sourcing hardware have... 


Trade, Industry and Competition Minister Parks Tau
Tau insists participating in R100bn Transformation Fund will be entirely voluntary
30th April 2025 By: Terence Creamer

Trade, Industry and Competition Minister Parks Tau has again insisted that no new demands will be imposed on business and industry because of the establishment of the R100-billion Transformation... 


Rio-Carb Appoints Scott Cooke as New Sales Manager to Accelerate Growth and Deliver Customer-Focused Solutions
30th April 2025

Rio-Carb, South Africa’s market leader in Chromium Carbide wear solutions, is proud to announce the appointment of Scott Cooke as its new Sales Manager, effective 1st of February 2025 marking an... 


An artist's impression of the new Woodstock development (Signal Hill visible in the background).
Concor wins new mixed affordable and sectional title development contract in Cape Town
29th April 2025 By: Rebecca Campbell

Major South African construction group Concor has announced that it has been selected by the City of Cape Town, following an open tender process, to develop an affordable housing project in the... 


Afreximbank launches $3bn intra-African oil import financing programme
29th April 2025 By: Schalk Burger

Multilateral trade financing institution the African Export-Import Bank (Afreximbank) has launched a $3-billion revolving intra-African oil trade financing programme to finance the purchase of... 


Image of Paul Mashatile
Mashatile warns of rising costs of living owing to trade tensions, encourages multilateralism
29th April 2025 By: Thabi Shomolekae

Deputy President Paul Mashatile said on Tuesday that a “fair, transparent, equitable, and inclusive” international order is essential for economic stability and sustained growth, noting that... 


DPWI welcomes High Court dismissal of interdict application to suspend IDT board appointments
29th April 2025 By: Schalk Burger

Public Works and Infrastructure Minister Dean Macpherson has welcomed the dismissal by the North Gauteng High Court of the interdict application to suspend the appointment of five trustees to the... 


The African Development Bank's headquarters
Will Africa's financial stability fund rise to the debt challenge?
29th April 2025 By: Reuters

Angola will use its chairmanship of the African Union this year to advance the creation of a continental financial stability mechanism, its finance minister said, to cushion economies from sliding... 


An image of Perseus MD and CEO Jeff Quartermaine
Perseus to proceed with $523m development of Tanzanian project
29th April 2025 By: Tasneem Bulbulia

ASX- and TSX-listed Perseus Mining has taken a final investment decision (FID) to develop the Nyanzaga gold project, in Tanzania, following an update of the project’s feasibility study. Perseus has... 


Public Works and Infrastructure Deputy Minister Sihle Zikalala
DPWI to set up Office of the Engineer-General South Africa soon
29th April 2025 By: Darren Parker

The Department of Public Works and Infrastructure (DPWI) will be pressing ahead with setting up the Office of the Engineer-General South Africa as soon as possible, Public Works and Infrastructure... 


The critical issue of ESG Skills – How to bridge the supply and demand ‘gap’
The critical issue of ESG Skills – How to bridge the supply and demand ‘gap’
29th April 2025

Over the last half-century, sustainable development concepts have increasingly woven themselves into the fabric of economic discussions, resulting in advances in human capital across finance, life... 


Citic sees ‘turning point’ for China’s steel industry this year
Citic sees ‘turning point’ for China’s steel industry this year
29th April 2025 By: Bloomberg

China’s steel industry is expected to see a “turning point” this year on additional stimulus measures and production cuts, even as overseas tariffs put pressure on demand, according to Citic... 


South Africa’s AI Future Hinges on Skills Development
South Africa’s AI Future Hinges on Skills Development
29th April 2025

By: Ntsako Baloyi - Senior Manager withing the Technology business at Accenture, Africa The rapid development of artificial intelligence (AI) is changing the way businesses operate, how consumers... 


IATA highlights Egyptian SAF programme and the benefits of aviation to that country
29th April 2025 By: Rebecca Campbell

The global representative body for the airline industry, the International Air Transport Association (IATA), has been encouraged by Egypt’s plan to stimulate the production of sustainable aviation... 


CEO Mark Bristow says Barrick is building a substantial copper business alongside its core gold operations.
Barrick proposes rebrand to reflect broader copper strategy
29th April 2025 By: Creamer Media Reporter

Canada-headquartered Barrick Gold is rebranding as Barrick Mining, a move that reflects the company’s increasing emphasis on copper alongside its core gold operations. The proposed name change is... 


Mark Carney
Carney’s Liberals win Canada election, setting up talks with US
29th April 2025 By: Bloomberg

Canada’s Liberal Party won a fourth consecutive election, giving a mandate to former central banker Mark Carney after a campaign in which he pledged to boost economic growth and stand up to US... 


Lynas Rare Earths seeks US aid for Texas refinery as costs surge
29th April 2025 By: Mariaan Webb

Australia’s Lynas Rare Earths is in talks with the Trump administration to counter rising costs for the refinery it’s building in Texas, while at the same time warning that the president’s tariff... 


Zimbabwe restarts minting of gold coins as bullion prices soar to record
29th April 2025 By: Bloomberg

Zimbabwe’s central bank is again issuing gold coins it scrapped ten months ago, a step it took to ramp up the bullion stockpile used to back up the local currency, the ZiG. Minting of the so-called... 


ECSA elects seventh council; Madikane serves as president and Madia as VP
25th April 2025 By: Schalk Burger

Regulatory authority the Engineering Council of South Africa (ECSA) elected its seventh governing council during a meeting on April 23 to 24, and chose TC Madikane as president and Marcia Madia as... 


Eskom CEO Dan Marokane
Eskom’s R321bn capex plan has strong focus on grid, renewables and gas
25th April 2025 By: Terence Creamer

State-owned electricity producer Eskom has unveiled details of a R321.72-billion capital expenditure (capex) plan for the coming five years, which includes plans for a material rise in grid-related... 


ANC national spokesperson Mahlengi Bhengu-Motsiri
ANC firm on its values in 'constructive' meeting with DA
25th April 2025 By: Thabi Shomolekae

During its discussions with the Democratic Alliance, the African National Congress said it remained rooted in its values and resolutions, and will not compromise on the fundamental goals of social... 


An image of Minister of Trade, Industry and Competition Parks Tau
dtic, MTN to host SA-Nigeria private sector engagement
25th April 2025 By: Tasneem Bulbulia

The Department of Trade, Industry and Competition (dtic), in collaboration with telecommunications company MTN Group, will host the South Africa-Nigeria Private Sector Engagement Session next week.... 


SABS whistleblower button
Calls for SABS investigation to be concluded sooner as another whistleblower report emerges
25th April 2025 By: Darren Parker

Yet another whistleblower report regarding corruption and mismanagement at the South African Bureau of Standards has come to light, providing detailed accounts of long-standing governance failures,... 


President Donald Trump
Trump signs executive order boosting deep-sea mining industry
25th April 2025 By: Reuters

President Donald Trump on Thursday signed an executive order aimed at boosting the deep-sea mining industry, marking his latest attempt to boost U.S. access to nickel, copper and other critical... 


Standard Bank Group sustainability head Boitumelo Sethlatswe
Bank invests in oil, gas projects as part of mobilisation targets
25th April 2025

Not only does financial services provider Standard Bank prioritise renewable energy as part of its sustainable finance mobilisation targets, it also supports a broader range of activities that... 


Image of hydropower plant
Lower Maguduza hydropower project, Eswatini
25th April 2025 By: Sheila Barradas

The African Clean Energy Developments with the IDEAS Fund and the Eswatini Public Service Pensions Fund as shareholders plan to build a hydropower plant to achieve the country's ambitions of energy... 


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On-The-Air (25/04/2025)
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