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Anglo American's South African office
Lure of Anglo's copper mines could test BHP's spending resolve
20th December 2024 By: Reuters

BHP, the world's biggest miner, would need to offer a minimum 40% premium over Anglo American's share price to make a renewed takeover bid now the rival's value has been boosted by asset sales, two... 


Barminco equipment being used underground
Perenti secures A$185m of new work and a contract extension
20th December 2024 By: Creamer Media Reporter

Mining services provider Perenti has announced the execution of new contracts and an extension to an existing contract for the company’s subsidiary businesses. These contracts are expected to... 


SME business-building MoMo chatbot reaches 1m entrepreneurs in Côte d’Ivoire, Uganda
20th December 2024 By: Schalk Burger

About one-million small businesses in Côte d’Ivoire and Uganda have digitised their operations, increased the use of digital financial services and accessed digital marketplaces through the MoMo... 


The Moma mine in Mozambique
Kenmare appoints CFO
20th December 2024 By: Creamer Media Reporter

Minerals sands products producer Kenmare Resources, which owns and operates the Moma mine, in Mozambique, has appointed James McCullough CFO, with effect from May 1, 2025, His appointment follows a... 


A TFR locomotive
Network Statement a major step in rail reform – B4SA
20th December 2024 By: Schalk Burger

Industry organisation Business for South Africa (B4SA) welcomes the release of the Network Statement as an exciting and significant milestone in the journey towards meaningful rail sector reform in... 


SAPVIA CEO Dr Rethabile Melamu
South Africa PV capacity increases 12% in 2024
20th December 2024 By: Schalk Burger

South Africa's total solar PV capacity surged to 8.97 GW this year, which includes 2.8 GW from public procurement and 6.1 GW from private-sector contributions, 11.9% higher than in 2023. A further... 


C&I Solar + Storage Post Event Report
19th December 2024

The C&I Solar + Storage Summit, co-hosted with the EIUG Convention, was a groundbreaking gathering of industry experts, policymakers and investors, all united to shape the future of energy in South... 


Grindrod's rail operations
Grindrod outlines focus for 2025, reflects on 2024 performance
19th December 2024 By: Schalk Burger

JSE-listed logistics company Grindrod, in a December 19 pre-closing trading update, said its focus going forward would be to drive growth in bulk handling, container handling, logistics capability... 


Tharisa assures stakeholders it is managing cybersecurity incident
19th December 2024 By: Simone Liedtke

Integrated resource group Tharisa is managing a cybersecurity incident after detecting unauthorised activity on its network. The miner on December 19 confirmed that operations remain unaffected. 


Rio Tinto appoints new chief people officer
19th December 2024 By: Creamer Media Reporter

Australia-headquartered Rio Tinto has appointed Georgie Bezette as its new chief people officer, succeeding James Martin, who will retire at the end of this year. Bezette, who joined the... 


Eskom Group CE Dan Marokane
Eskom reports R25.5bn loss amid systemic challenges, recovery efforts
19th December 2024 By: Simone Liedtke

State-owned power utility Eskom has reported a R25.5-billion loss before tax for the financial year ending March 31, 2024, following a year marked by operational setbacks, financial strain and... 


Saudi Arabia Industry and Mineral Resources vice minister Khalid Al-Mudaifer
Future Minerals Forum looks to bolster international collaboration to tackle industry challenges, opportunities
19th December 2024 By: Tasneem Bulbulia

The fourth edition of the Future Minerals Forum (FMF), to be held in Riyadh, Saudi Arabia, from January 14 to 16, is expected to play a key role in expanding and enhancing discussions on sector... 


Power pylons on farmland
South Africa still in ‘foothills of economic recovery’ as fourth-quarter policy uncertainty rises to 65.7
19th December 2024 By: Schalk Burger

South Africa is "still in the foothills of economic recovery" and, while external influences must still be skillfully navigated, the country's future economic performance will hinge mainly on... 


Glencore in talks to sell its Philippine copper smelting unit
19th December 2024 By: Bloomberg

Glencore is in talks to sell its copper business in the Philippines as the metal’s smelting industry reels from the lowest processing fees on record. The commodities giant is discussions with at... 


Idemitsu to take majority stake in Australian vanadium developer Vecco
18th December 2024 By: Reuters

Japan's Idemitsu Kosan 5019.T said on Wednesday it would increase its stake in Vecco Group to 50.1% from 14.7%, gaining a majority in the Australian vanadium developer as part of its expansion into... 


Govt extends deadline for registration of spaza shops
Govt extends deadline for registration of spaza shops
18th December 2024 By: Thabi Shomolekae

Government has extended the deadline for registration of all spaza shops and other food-handling facilities to February 28, urging municipalities to still reserve capacity to assist those who will... 


July Ndlovu
July Ndlovu, Billy Mawasha join AECI board
18th December 2024 By: Creamer Media Reporter

Chemicals group AECI has appointed July Ndlovu and Billy Mawasha as nonexecutive directors of its board, with effect from July 1. "The addition of Mr Ndlovu and Mr Mawasha to the board of AECI is... 


Tongaat's cane operations
Tongaat Hulett to sell all South African assets, operating businesses to Vision Sugar
18th December 2024 By: Schalk Burger

Distressed JSE-listed sugar producer Tongaat Hulett has announced that it will sell all its assets and operating businesses in South Africa to Vision Sugar South Africa. The purchase price for... 


Maputo Mozambique
Mozambique's post-election unrest to hit economic growth, says IMF official
18th December 2024 By: Reuters

Mozambique's 2024 economic growth is likely to be revised down from a previous forecast of 4.3% due to post-election civil unrest and the impact of Cyclone Chido, a senior International Monetary... 


BHP CEO Mike Henry
BHP sees rising uncertainty for miners on trade as Trump returns
18th December 2024 By: Bloomberg

BHP Group, the world’s biggest miner, expects increasing uncertainty in the near term as US President-elect Donald Trump prepares to implement a slew of tariffs and other trade measures. “In the... 


Dorah Modise named Climate Commission director, Olver to serve as deputy chair
17th December 2024 By: Schalk Burger

The Presidential Climate Commission (PCC) has appointed Dorah Modise as executive director, effective from February 24, 2025, following the retirement of Dr Crispian Olver, who President Cyril... 


The Telkom logo
Icasa gives Telkom permission to dispose of towers, masts business
17th December 2024 By: Schalk Burger

Industry regulator the Independent Communications Authority of South Africa (Icasa) has approved mobile network operator Telkom's R6.75-billion disposal of its Swiftnet business, which houses its... 


Blyvoor gold
Restarted Blyvoor gold mine is on the way back up on Joburg’s West Rand
17th December 2024 By: Martin Creamer

Blyvoor gold mine, the restarted underground Witwatersrand gold mine west of Johannesburg, is on the way back up. South African mining company Aurous Resources reported on Monday, December 17, that... 


Structural reforms needed for growth in South Africa, collaboration crucial – BLSA
17th December 2024 By: Schalk Burger

Growth in South Africa cannot occur without underlying structural reforms and, to accelerate the implementation of structural reforms, effective collaboration between business, labour and... 


Mechanic working on a car engine
Metair finalises R278.5m AutoZone acquisition, restructures debt
17th December 2024 By: Schalk Burger

JSE-listed energy and automotive manufacturing holding company Metair has finalised the acquisition of automotive parts distributor AutoZone for R278.5-million after the remaining conditions... 


A Takelot sign on a building
Takealot bets on townships to fend off global rivals
17th December 2024 By: Reuters

South Africa's biggest e-commerce retailer, Takealot, has hired thousands of personal shoppers to help it penetrate townships and rural areas and fend off increased competition from global rivals,... 


optimum colliery
Liberty Coal completes acquisition of Optimum Coal Terminals’ RBCT shares
13th December 2024 By: Darren Parker

Coal miner Liberty Coal’s wholly-owned subsidiary, Liberty Coal Terminal, has completed the acquisition of Optimum Coal Terminal’s (OCT’s) entire shareholding interest in the Richards Bay Coal... 


Vanguard's facility in the Clairwood Logistics Park
Vanguard Logistics signs ten-year Clairwood lease with Fortress
13th December 2024 By: Schalk Burger

Logistics and supply chain solutions provider Vanguard Logistics South Africa has signed a a ten-year lease for a new 13 000 m² warehouse at Clairwood Logistics Park, in KwaZulu-Natal, with real... 


Microgrids in buildings are crucial to pioneering the future of energy management
Microgrids in buildings are crucial to pioneering the future of energy management
13th December 2024

By: Anoop Hariparsad - Digital Energy Business Unit Leader for Anglophone Africa at Schneider Electric Microgrids are emerging as a game-changing concept, particularly within commercial and... 


The Tshipi manganese mine
Exxaro is said to have discussed acquiring Tshipi manganese mine
13th December 2024 By: Bloomberg

Exxaro Resources has held talks with the owner of one of South Africa’s largest manganese mines about buying the asset, as the coal producer seeks to diversify its business, according to people... 


Resolute CEO Terry Holohan
Resolute CEO takes leave after Mali detainment
13th December 2024 By: Creamer Media Reporter

ASX- and LSE-listed Resolute Mining has announced that CEO Terry Holohan will take a leave of absence from December 13, 2024, until January 31, 2025, following his recent detention in Mali... 


Magazine round up | 13 December 2024
Magazine round up | 13 December 2024
13th December 2024

A video round up of this week’s magazine, highlighting our cover story, features and Business Leader.  


An image of the damaged Lilian Ngoyi street in Johannesburg CBD
New contractor appointed for road rehabilitation
13th December 2024

Despite the delay in the completion of Phase 1 of reconstruction of Lilian Ngoyi street, in the central business district of Johannesburg, South Africa, it is expected to be completed by June 2025,... 


The above image depicts Tasez CEO Dr Bheka Zulu
Tasez set to drive NEV innovation, skills and sustainable growth
13th December 2024

The rise of new energy vehicles (NEVs), including hybrids, is driving demand for investment in modernised automotive manufacturing facilities, with Africa’s first automotive city, the Tshwane... 


An image of Kate Stubbs
Firm highlights project’s significance
13th December 2024 By: Lumkile Nkomfe

Sustainable waste management solutions company Interwaste contends that environmental stewardship and resource recovery remain integral in supporting South Africa’s water conservation requirements... 


The above image depicts the interior of the BMW Rossalyn plant
Production of fourth generation X3 PHEV starts in S Africa
13th December 2024

As reported by Engineering News Online on October 14, luxury vehicle company BMW Group South Africa officially started production of the fourth-generation BMW X3 at its Rosslyn plant in Tshwane,... 


PRECEDENT SETTING
The Mogale Tailings Retreatment operation has become a model for cost-effective, large-scale tailings retreatment and legacy mining rehabilitation
Project combines profitability with sustainability
13th December 2024 By: Simone Liedtke

The Krugersdorp-based Mogale Tailings Retreatment (MTR) operation of JSE- and LSE-listed midtier gold producer Pan African Resources (PAR), commissioned in October 2024 and now fully operational,... 


Delba profile image
Delba Electrical celebrates over six decades of rotating electrical machine repairs
13th December 2024

For more than six decades, Delba has led the industry in the repair of rotating electrical machines, earning a reputation as one of the most trusted and reliable service providers. As the company... 


Import partners navigating economic changes with businesses
Import partners navigating economic changes with businesses
13th December 2024

By Investec For Business Head of Portfolio Management Greg Cline We are starting to see an uptick in the economic cycle where interest rates are reducing, the two-pot system should increase... 


Distinctive funding solutions for all your specialised equipment needs
Distinctive funding solutions for all your specialised equipment needs
13th December 2024

Investec For Business Head of Asset Finance Diane Frey. At Investec Business Banking, we understand the economic challenges and competitive pressures that are prevalent in most business sectors.... 


Africa’s turbulent year ahead
13th December 2024 By: Tara O’Connor

As another tumultuous year closes, global political tectonic plates are still shifting, causing political earthquakes and violent eruptions across the US, Europe, the Middle East and Africa. The... 


Africa’s cybercrime explosion
13th December 2024 By: Martin Zhuwakinyu

Cybercrime has exploded into a menace of epic proportions – and Africa is no safe haven. In fact, the digital underworld on the continent has been so busy that more than 1 000 offenders were caught... 


New-vehicle market on the mend, while exports continue to plummet
13th December 2024 By: Irma Venter

New-vehicle sales in November continued the positive momentum seen in October,  increasing by 8.1%, to 48 585 units, compared with the same month last year. naamsa | The Automotive Business Council... 


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Magazine round up | 13 December 2024
Magazine round up | 13 December 2024
13th December 2024

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