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Mike Wainwright, Trafigura Group’s ex-COO who’s on trial in Switzerland accused of corruption, has defended the trading house’s late founder Claude Dauphin as an “inspirational person.” Dauphin, a...
Perth-based Ramelius Resources has appointed a new COO following Duncan Coutts’s resignation last month. The gold miner also expanded its executive team from four to six and has named a new COO....
GuarantCo – part of the Private Infrastructure Development Group (PIDG) – and UK development finance institution British International Investment (BII) expect to unlock $500-million of new...
Dr Nombasa Tsengwa, the CEO of Johannesburg Stock Exchange-listed Exxaro Resources, has been placed on precautionary suspension with immediate effect, pending the outcome of an independent...
Supply chain management and logistics company Super Group’s 53.58%-owned subsidiary SG Fleet has entered into a scheme implementation deed with Westmann Bidco, an entity owned and controlled by...
In a newly released study, climate and energy strategy advisory firm Meridian Economics has determined that optimally sized batteries offer immediate opportunities for many commercial and...
A bi-lateral country project by the Electric Mission in South Africa and the Norwegian Electric Vehicle Association has engaged the South African government, including National Treasury and the...
Independent power producer Mulilo has reached financial close on the Ukuqala Solar Project, in the Northern Cape. This is the sixth project that Mulilo has closed this year, adding 75 MW to...
National Treasury has noted Moody’s decision to affirm the country’s long-term foreign and local currency debt ratings at Ba2 – otherwise known as non-investment grade or junk status – and maintain...
Rio Tinto, one of the world’s largest mining companies, has reaffirmed its goal of producing one-million tonnes a year of copper by the end of the decade, as part of its strategy to become a global...
Situated within Dube Trade Port Special Economic Zone (SEZ) and adjacent to King Shaka International Airport, the newly available warehouse/factory and office facility at 14 Mzimkhulu Drive, La...
Food group Tiger Brands TBSJ.J expects to sell off more brands including Ace maize meal and King Korn sorghum, and is pursuing short- to medium-term volume growth of up to 3%, its CEO said after...
Embattled Aim-listed vanadium producer Bushveld Minerals has announced that independent nonexecutive chairperson Michael Kirkwood and CEO Craig Coltman have resigned from the board with immediate...
South African private sector activity increased for a fourth consecutive month in November as firms took on more workers and grew more confident about the economic outlook, a survey showed on...
By: Neels van der Walt - Head of Department Sales and Business Development at Iritron Maintaining and growing the South African manufacturing sector involves navigating significant risks. Digital...
Mitsubishi has suffered a loss of more than $90-million in China after uncovering suspected fraud by one of its copper traders, according to people familiar with the matter. The loss is the latest...
Global metals company Vale has announced the successful completion of the Voisey’s Bay Mine Expansion (VBME) project in Canada. The expansion shifts the Voisey’s Bay operation from openpit to...
Power utility Eskom has appointed Alfred Seema as group executive for strategic delivery. He joins the utility from Sasol, where he most recently held the role of VP for gas sourcing and business...
Pretoria-based telematics company Ctrack has acquired Inseego's international telematics business in a $52-million deal. The move will expand CTrack’s presence across the UK, Belgium, France,...
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...
National Treasury has extended the deadline for public comments on its ‘Taxation of alcoholic beverages’ discussion paper. The paper was published for public comment on November 13, alongside two...
When Peabody Energy agreed to buy the coal assets of Anglo American, only one European lender joined the US investment bankers and private credit specialists financing the deal: Deutsche Bank....
Global investor sentiment towards South Africa improved significantly in 2024, Exxaro FD Riaan Koppeschaar reported on Tuesday, December 3. In a pre-close message for the financial year ending...
The South African Bureau of Standards (SABS) has suffered a major ransomware cyber-attack, resulting in critical IT systems going down, Engineering News has learned. This is not the first time the...
South Africa’s GDP decreased by 0.3% in the third quarter, following an increase of 0.3% in the second quarter. The agriculture, forestry and fishing industry decreased by 28.8%, contributing -0.7...
Metals and mining corporation Rio Tinto and Imperial College London have launched the Rio Tinto Centre for Future Materials, as part of a programme aimed at accelerating the development of new...
By: Thabang Byl - Buildings Segment Lead at Schneider Electric One should never underestimate human nature, and certainly not our need to feel that we navigate our lives in a responsible and...
Sungrow Southern Africa is proud to announce its role as the Principal Sponsor for the powerelec Nigeria Exhibition 2025, set to take place from January 13-15, 2025, at the Landmark Centre,...
South Africa has assumed the presidency of intergovernmental forum Group of 20 (G20) and its private sector engagement group Business 20 (B20). B20 South Africa will focus on unifying efforts...
Long simmering tensions in South Africa’s steel sector appear to be coming to a boil following a joint statement by the National Union of Metalworkers of South Africa (Numsa) and ArcelorMittal...
Canadian mining company GoviEx Uranium states in its latest ‘Sustainability 2024’ report that it is taking a precautionary approach to environment and social risks, devising strategies that...
As South Africa assumed the presidency of the Group of 20 (G20) and its private sector engagement group Business 20, industry body AgriSA says this leadership position presents an opportunity for...
JSE-listed packaging manufacturer Nampak’s turnaround plan has resulted in its earnings before interest, taxes, depreciation and amortisation (Ebitda) increasing by R1.1-billion from R343-million...
De Beers has cut diamond prices by more than 10% across the board as the world’s biggest producer abandons attempts to put a floor under the slumping market. The diamond industry has been struck...
Supply chain industry body SAPICS has reinforced its commitment to developing South African youth by rolling out new initiatives and partnerships aimed at upskilling and empowering young graduates...
The seasonally adjusted Absa Purchasing Managers’ Index (PMI) declined by 4.5 points in November, reverting back to contractionary territory at 48.1 index points. The company says this points to...
In Auditor-General (AG) Tsakani Maluleke's report on the performance of national government entities and an assessment of the underlying performance of the public sector released during the final...
The business rescue practitioners (BRPs) of Mineral Sands Resources (MSR) are seeking funding solutions following an urgent claim from the Tormin mine’s post commencement funding (PCF) provider....
Schneider Electric, the world’s most sustainable company and leader in the digital transformation of energy management and automation has, has officially launched its Africa Explorer Programme—an...
In an environment where capital is not always available, renting dewatering pumps from IPR (Integrated Pump Rental) allows cash-strapped quarries and mines to save money, access the newest...
Engen is proud to announce the successful launch of a cutting-edge solar power system at its Engen Maths and Science School (EMSS) at Ganges Secondary School in South Durban. This initiative...
Goscor Lift Trucks (GLT), a leading provider of forklift and materials handling solutions, has reinforced its commitment to supporting the cross-border growth of C. Steinweg Bridge Terminals, with...
The fire safety of a building primarily relies on measures taken to prevent a fire from starting, as well as on the design, construction, and management strategies implemented to minimise fire...
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