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One of Goldplat's recovery plants
Goldplat notes some positive steps despite lower third-quarter profits
27th May 2025 By: Creamer Media Reporter

Aim-listed Goldplat, which has gold recovery operations in South Africa and Ghana, has reported an operating profit of £694 000 for the quarter ended March 31 – the third quarter of its 2025... 


Two local investment companies partner to provide R250m to local manufacturer
27th May 2025 By: Rebecca Campbell

Kholo Capital Mezzanine Debt Fund I (Kholo Capital) and Maia Capital Partners (Maia Capital) announced on Tuesday that they have partnered to provide R250-million in mezzanine debt funding to the... 


Rand Currency
South African rand weakens, interest rate decision ahead
27th May 2025 By: Reuters

South Africa's rand weakened early on Tuesday, with investors focussed firmly on the central bank's impending interest rate decision later this week. At 0827 GMT, the rand traded at 17.9225 against... 


Image of Sandvik’s 800i crushers
Machine upgrade scheme replaces outdated crushers
27th May 2025

Sandvik Rock Processing has initiated an innovative programme to enable mining operations to replace outdated spiderless and legacy hydrocone crushers with the next-generation Sandvik 800i series... 


Sherritt warns of 'reckless' shareholder threat as SC2 pushes for board overhaul
Sherritt warns of 'reckless' shareholder threat as SC2 pushes for board overhaul
27th May 2025 By: Mariaan Webb

Toronto-listed Sherritt International on Monday issued a letter to shareholders urging their support for its board nominees and resolutions ahead of its annual meeting next month, as tensions... 


Harmony CEO Beyers Nel
Harmony makes R18bn bid for another Australian copper asset
27th May 2025 By: Marleny Arnoldi

JSE-listed Harmony Gold Mining Company has entered into a binding agreement to acquire 100% ownership of MAC Copper for a total equity value of $1.03-billion, or $12.15 apiece. Harmony announced on... 


Braintree wins Intelligent Digital Transformation Vendor of the Year at the Intelligent ICT Awards Africa 2025
Braintree wins Intelligent Digital Transformation Vendor of the Year at the Intelligent ICT Awards Africa 2025
27th May 2025

 Braintree, a leading Microsoft solutions partner and enterprise transformation specialist, has been awarded the Intelligent Digital Transformation Vendor of the Year at the 2025 Intelligent ICT... 


The Red Chris mine in British Columbia
Newmont marks decade at Red Chris with C$8m commitment to Tahltan communities
27th May 2025 By: Creamer Media Reporter

Gold and copper miner Newmont has pledged C$8-million to support community development in Tahltan Nation territory, marking the tenth anniversary of the Red Chris mine in British Columbia. The... 


Lhyfe founder and CEO Matthieu Guesné.
There's nothing easier than switching from grey hydrogen to green hydrogen – Lhyfe
26th May 2025 By: Martin Creamer

It's important to understand that the market for green hydrogen is already there because the world is consuming 100-million tons of hydrogen a year that are “polluting like hell”, the French... 


Indian steel tycoon’s pathway to Mozambique coal deal reopens
26th May 2025 By: Bloomberg

India’s largest steelmaker can proceed with the acquisition of a coal deposit in Mozambique after the seller recovered the concession rights from the country’s new government. JSW Steel's... 


Image of ISA acting head Mameetse Masemola
Infrastructure SA preparing 34 projects to come to the market before end-2026
26th May 2025 By: Irma Venter

Infrastructure South Africa (ISA) is currently preparing and packaging 34 projects with an estimated capital value of R259-billion, says ISA acting head Mameetse Masemola, with these projects... 


Vegetables
G20 fora should discuss closing household food insecurity gap – FNB
26th May 2025 By: Marleny Arnoldi

Despite South Africa being food secure on a national level and the country being the largest agricultural exporter on the continent, access to food is variable and unequal from a household point of... 


Business Leadership South Africa CEO Busi Mavuso
Mavuso says third Budget’s expenditure reviews, grant reform bodes well
26th May 2025 By: Marleny Arnoldi

While it did take three months and three revisions for South Africa’s national Budget to be passed, Business Leadership South Africa CEO Busi Mavuso deems it positive that this budget has the... 


Service Initiative: PALFINGER Opens Expanded Site in Duisburg
26th May 2025

With an economic output of more than 190 billion euros and a closely integrated industrial landscape, the Rhine-Ruhr metropolitan region is one of Europe’s most dynamic economic areas.... 


An image of Barloworld
Barloworld’s interim performance impacted by its Russian operations, sanctions
26th May 2025 By: Tasneem Bulbulia

JSE-listed Barloworld’s group revenue for the six months ended March 31 declined by 5.8% to R18.1-billion, driven by a 36.8% decrease in revenue at its Russian operation Vostochnaya Technica (VT)... 


Westgold and New Murchison brush off M&A speculation
Westgold and New Murchison brush off M&A speculation
26th May 2025 By: Mariaan Webb

Gold miners Westgold Resources and New Murchison Gold have dismissed takeover speculation, following a report of renewed corporate interest in Western Australia's Murchison gold district. The... 


Altron achieves double-digit earnings as Platforms segment shines
26th May 2025 By: Natasha Odendaal

JSE-listed Altron on Monday achieved double-digit increases in earnings before interest, tax, depreciation and amortisation (Ebitda) and operating profit during the year ended February 28, 2025.... 


President Cyril Ramaphosa with President Donald Trump in the Oval Office on May 21
Ramaphosa says Trump agreed to US attending G20 Summit in Joburg
26th May 2025 By: Terence Creamer

Writing in his weekly newsletter, President Cyril Ramaphosa stated that President Donald Trump agreed that the US should continue playing a key role in the G20, including attending the G20 Leaders’... 


Rand currency
Rand shrugs off Trump and Budget to end week on a positive note
23rd May 2025 By: Bloomberg

A week that started fraught with risks for the rand is ending on a positive note for the South African currency. The rand surged toward its sixth straight weekly advance, hitting a five-month high... 


Nulaid-branded egg truck
Quantum reports solid interim volume, profit recoveries
23rd May 2025 By: Marleny Arnoldi

After experiencing improved trade conditions, JSE-listed poultry producer Quantum Foods reported an operating profit increase of 234% year-on-year to R205-million for the six months ended March 31.... 


Jakob Stausholm
Rio Tinto hunts broadly for new CEO, in contrast with strong BHP bench
23rd May 2025 By: Reuters

As Rio Tinto searches for a new CEO, the miner will cast a wide net due to a very short list of possible internal candidates, sources said, in contrast with laser-focused succession planning at its... 


Nampak water box packaging
Nampak grows interim profitability, reduces debt by R1.8bn
23rd May 2025 By: Marleny Arnoldi

JSE-listed packaging producer Nampak has reported an 11% year-on-year increase in revenue to R5.7-billion for the six months ended March 31, owing to volume growth and price management amid a... 


FRIGAIR 2025: HERVAC Sector A Driving Force In Transformation To Sustainable Spaces
FRIGAIR 2025: HERVAC Sector A Driving Force In Transformation To Sustainable Spaces
23rd May 2025

Leading companies in the heating, energy, refrigeration, ventilation and air conditioning (HERVAC) industry are a force for change in moving the industry from being energy-intensive to... 


Suzuki showcases rural mobility strength at Nampo 2025
Suzuki showcases rural mobility strength at Nampo 2025
23rd May 2025

Engineering News caught up with automotive manufacturer Suzuki Auto South Africa brand marketing manager Brendon Carpenter following Nampo 2025, in Bothaville, where the company showcased its... 


A computer-generated image of a Hensoldt radar
Hensoldt is said to explore sale of South African optronics unit
23rd May 2025 By: Bloomberg

German radar maker Hensoldt is exploring options for its South African optronics business, including a potential sale, according to people familiar with the matter. Hensoldt is working with... 


An image of the Lulo diamond mine
Lucapa Diamond Company appoints voluntary administrators
23rd May 2025 By: Tasneem Bulbulia

Richard Tucker and Paul Pracilio of advisory and investment firm KordaMentha have been appointed as voluntary administrators to ASX-listed Lucapa Diamond Company, Brooking Diamonds, Heartland... 


Rio Tinto’s lithium pipeline of assets and options in South America.
Rio Tinto wins second major Chile lithium project at Altoandinos
23rd May 2025 By: Reuters

Chile's state-run mining body ENAMI has tapped Rio Tinto for a 51% share of the Altoandinos lithium project, it said on Thursday, giving the global miner its second major venture in Chile for... 


Measuring Impact and Managing Change: CILTSA Conference to Explore ESG Transformation in Transport, Logistics and the Supply Chain
Measuring Impact and Managing Change: CILTSA Conference to Explore ESG Transformation in Transport, Logistics and the Supply Chain
23rd May 2025

Under the theme “Measuring Impact and Managing Change,” the 2025 Chartered Institute of Logistics and Transport South Africa (CILTSA) ESG Conference provides a crucial platform to assess and... 


Magazine round up | 23 May 2025
Magazine round up | 23 May 2025
23rd May 2025

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


 Jabu Serithi, MD of the Gauteng business unit of GVK Siya-Zama
Jabu Serithi
23rd May 2025 By: Creamer Media Reporter

This will we profile Jabu Serithi, MD of the Gauteng business unit of GVK Siya-Zama, a South African group which was established in 1960 as a painting and restoration company but has grown to... 


The opening of a firey furnance.
Low-carbon gunning mix helps cut Scope 3 emissions by 85%
23rd May 2025

A low-carbon refractory gunning mix was launched in March by Austrian refractory products supplier RHI Magnesita to assist mining and metallurgical sectors in reducing their environmental impact.... 


A Hotwork employee monitors the systems in place.
Partnering for integrated furnace offerings
23rd May 2025 By: Devina Haripersad

A strategic alliance has been formed between South African industrial services and asset integrity management specialist Dickinson Group of Companies (DGC) and Swiss advanced combustion technology... 


The above image depicts the Legrand uninterrupted power supply sytems
Reduction of UPS system environmental impact
23rd May 2025

To commit to eco-sustainable solutions in all sectors of its business, including uninterrupted power supply (UPS) systems, digital building infrastructure specialist Legrand’s design specialists... 


An image of KPMG global transfer pricing services associate director Christian Wiesener
Efforts to improve infrastructure could spur investment
23rd May 2025 By: Nadine Ramdass

While many Germany-headquartered companies view South Africa comparatively positively, key concerns, such as logistical challenges, should be addressed to further enhance the country’s... 


An image of containers with the South African flag
Political stability can fortify gateway status
23rd May 2025 By: Nadine Ramdass

While South Africa serves as a gateway to Southern Africa, and offers significant market potential, German-owned companies are wary of the country’s corruption levels and political uncertainty,... 


New water platform to bridge gap between data and decision-making
23rd May 2025 By: Natasha Odendaal

Geospatial information science company Afrigis has launched a new platform aimed at helping businesses, investors, insurers and financial institutions navigate insights and data to support water... 


An image of Siemens sub-Saharan Africa CEO Sabine Dall’Omo
Bilateral communication alleviates operating concerns
23rd May 2025 By: Nadine Ramdass

While medium-sized German companies investing and operating in South Africa often face unique challenges, bilateral communication ensures hurdles can be addressed, further supporting the... 


New-vehicle sales up 12% – but did consumers rush to beat the now scrapped VAT hike?
23rd May 2025 By: Irma Venter

Total April new-vehicle sales, at 42 401 units, were up 11.9% compared with the same month last year, reports naamsa | The Automotive Business Council. The new-passenger-car market gained 16.9% in... 


Tetra Pak’s advanced Mozzarella production line arrives in Southern Africa
Tetra Pak’s advanced Mozzarella production line arrives in Southern Africa
23rd May 2025

State-of-the-art line for cheese manufacturers The global mozzarella market is booming, and Southern African dairy producers now have access to cutting-edge technology to capitalise on this growing... 


TECH Global University becomes the official online university of the NBA
TECH Global University becomes the official online university of the NBA
23rd May 2025

Thanks to this agreement, the world's largest online university will offer online university programs and digital resources related to the NBA The National Basketball Association (NBA) and TECH... 


Bookbinder Business Law
Bookbinder Business Law
23rd May 2025

Niche corporate law firm Bookbinder Business Law (BBL) serves as a one-stop legal shop for leading local and international corporates and institutions. It is focused on providing practical legal... 


Ironveld poised to shift to a fully operational, revenue-generating company
22nd May 2025 By: Tasneem Bulbulia

Aim-listed Ironveld CEO Kris Andersson says in an operational update that he is “pleased” with progress being made on the ground, with key development across its dense media separation (DMS) plant... 


EAAIF raises $325m as part of $1bn Africa, Asia infrastructure plan
22nd May 2025 By: Schalk Burger

Blended public and private debt capital finance organisation the Emerging Africa and Asia Infrastructure Fund (EAAIF) has successfully raised $325-million in new debt facilities, which will help... 


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