ASX- and JSE-listed coal exploration and mining company MC Mining has reported a significantly widened after-tax loss of $36-million for the financial year ended June 30, compared with a... 

JSE-listed retail-focused real estate investment trust Vukile Property delivered strong operational results across its portfolio during the five-month period ended August 31, and is on track to... 

Medical cannabis investment company Cilo Cybin Holdings has listed on the main board of the JSE as a fully-fledged trading entity, after listing as the first cannabis special purpose acquisition... 

South Africa’s top development finance institution is working with financial advisers on a possible bid of about R8.5-billion for control of ArcelorMittal’s business in the country, people familiar... 

China, Zambia and Tanzania on Monday signed a $1.4 billion deal to refurbish the Tanzania-Zambia railway, a vital route for shipping copper exports from the region, Zambia's government said. The... 

European Commission president Ursula von der Leyen has announced a €545-million Team Europe package to support Africa's transition to clean energy. The announcement was made by means of a video... 

By: Ajibola Akindele MFR - Country President, Schneider Electric West Africa West Africa’s urban economies are experiencing noteworthy growth. From new residential estates to modern hospitals and... 

Aim- and TSX-V-listed Mkango Resources has announced that its indirect wholly owned subsidiary, Lancaster Exploration – to be renamed Mkango Rare Earths (MKAR) – has entered into a project... 

The International Monetary Fund (IMF) has completed an Article IV consultation in Botswana, which found that the diamond sector is dragging the country’s economic growth down. After growing by... 

Federal Treasurer Jim Chalmers says the government is prepared to play a constructive role in supporting Australia’s embattled smelters but stressed that taxpayer funding must deliver “value for... 

Nonprofit organisation the Black Business Council in the Built Environment (BBCBE) has signed a memorandum of understanding (MoU) with financial services firm Access Bank to unlock significant... 

Considering the global economy thrives on predictability, when certainty evaporates, businesses have to adapt or perish, says Business Leadership South Africa (BLSA) CEO Busi Mavuso. In her latest... 

Private equity firm Kinterra Capital is aiming to restart the Pumpkin Hollow underground copper mine in Nevada within the next 24 months, following the completion of an $80-million equity financing... 

National Treasury finds in its latest 'Local government revenue and expenditure report' spanning July 1, 2024, to June 30, this year, that aggregate spending by municipalities was 89%, or... 

Metals exploration and gold production company Kavango Resources celebrated its listing on the Victoria Falls Stock Exchange (VFEX), in Zimbabwe, becoming the seventeenth company to join the... 

Online classifieds multinational OLX, which is wholly-owned by JSE-listed consumer Internet investment group Prosus, has entered into an agreement to acquire French automotive classifieds platform... 

JSE-listed Wesizwe Platinum has informed shareholders that it expects to report a loss a share of between 12.78c and 12.94c for the year ended December 31, 2024, representing a widening on the loss... 

The Democratic Alliance (DA) on Friday announced DA KwaZulu-Natal provincial executive committee member Haniff Hoosen as its eThekwini mayoral candidate, expressing confidence in his leadership.... 

South Africa’s mining industry remains a cornerstone of the economy, but it is entering a period of accelerated transition, with stakeholders urging greater policy certainty, technological... 

Gemstone producer Gemfields has reported a sharp downturn in financial performance for the six months ended June 30, posting a net loss of $24.6-million compared with a profit of $13.7-million in... 

The Democratic Alliance (DA) on Friday demanded the immediate release of the delayed first quarter (Q1) crime statistics, saying the delay raises serious questions about South African Police... 

In his first address as executive chairperson of gemstone mining company Gem Resources, Louis Ching says the group now has the operational progress, strengthened financial position and strategic... 

Canadian firm NexGold Mining has struck a $24-million royalty deal with Appian Capital Advisory and signed a non-binding agreement for as much as $175-million in project financing, moves aimed at... 

Embedding environmental, social and governance (ESG) strategies in a comprehensive business framework has enabled platinum group metals (PGMs) producer Impala Platinum Holdings Limited (Implats) to... 

Having been established in late 2022 at the height of South Africa’s electricity crisis, the Energy Council of South Africa’s initial focus was almost singular: partner with government and Eskom to... 

With wind energy becoming a key pillar in the transition to renewable energy, Midrand-based crane rental agency Concord Cranes regional director Richard Reid notes that, while wind turbines appear... 

Telecommunications group Vodacom plans to invest more than R435-million during the 2025/26 financial year to boost network capacity in its Northern Gauteng Area, which spans the North West province... 

Somaliland – which I have previously called “the other Somali republic” in this column to highlight its lesser visibility compared with Somalia, from which it seceded in 1991 but has struggled to... 

FPX Nickel has been awarded C$3.5-million to advance the project.  

Having been established in late 2022 at the height of South Africa’s electricity crisis, the Energy Council of South Africa’s initial focus was almost singular: partner with government and Eskom to... 

A Presidential decree authorising the development and operation of the project was granted on September 18. 

Engineering News & Mining Weekly has canvassed business leaders for their opinions on the priorities for South Africa’s electricity sector, as well as what role the Energy Council of South Africa... 

My first exposure to underground mining was in the early 1990’s at Thabazimbi iron-ore sublevel cave section. It was hard not to be fascinated by the three-dimensional labyrinth of tunnels filled... 

Perpetua Resources has secured a key US Forest Service authorisation to start the development of the project. 

The last few years have seen a phenomenal growth of utility-scale, renewable energy (RE) solutions being implemented for mines in South Africa. While no specific values have been published, it is... 

JSE- and LSE-listed financial services firm Investec has been awarded an energy trading licence by the National Energy Regulator of South Africa (Nersa). The banking and investment services firm... 

Mauritius will host the eighteenth US-Africa Business Summit in 2026, says US business organisation the Corporate Council on Africa (CCA). Each year, the summit brings together African heads of... 

 Company earnings could fall by as much as 25% over five years due to nature degradation, Barclays said, as rising input costs and operational disruptions driven by policy changes and worsening... 

London-listed Petra Diamonds has advised that another extension is required to finalise terms of a commitment agreement with a senior secured bank lender in respect of a refinancing endeavour.... 

Pan-African infrastructure and industrial development funding group, the Africa Finance Corporation (AFC), has announced, in collaboration with the Africa Social Security Association (ASSA) and... 

JSE-listed industrial processing, distribution and services company Barloworld, in a trading statement, says group revenue for the 11 months to the end of August declined by 10% year-on-year to... 

The global economy is entering a period of weak growth and systemic disruption, according to the World Economic Forum’s (WEF’s) latest ‘Chief Economists’ Outlook’, published on September 23. The...