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New National Petroleum Company aims to boost energy, fuel supply security synergies
14th May 2025 By: Schalk Burger

The State-owned Central Energy Fund (CEF) has transferred assets and funds to the South African National Petroleum Company (SANPC), with the view to unlocking R1.5-billion to R3-billion worth of... 


bissie tin project
Alphamin reports production decline owing to DRC security concerns
14th May 2025 By: Darren Parker

JSE-listed Alphamin has reported an 18% quarter-on-quarter decline in high-grade tin concentrate production from the Bisie tin mine, in the Democratic Republic of the Congo (DRC), for the first... 


South African Global Business Services is creating thousands of jobs 
14th May 2025 By: Rebecca Campbell

The latest Global Business Services (GBS) quarterly Job Creation Report, compiled and released by the sector’s national representative body, Business Process Enabling South Africa (BPESA), shows... 


Eskom CEO Dan Marokane
Outage slippages blamed for sixth bout of loadshedding of 2025
14th May 2025 By: Terence Creamer

Electricity and Energy Minister Dr Kgosientsho Ramokgopa has fingered cumulative outage slippages of 3 100 MW as the reason behind South Africa’s latest bout of loadshedding – the sixth this year.... 


Diamond market slump 'real challenge', but recovery coming, says Mountain Province CEO
Diamond market slump 'real challenge', but recovery coming, says Mountain Province CEO
14th May 2025 By: Mariaan Webb

Mountain Province Diamonds is betting on a market rebound with CEO Mark Wall expressing optimism that global economic conditions will improve and lift diamond demand. “The diamond market remained... 


Four European DFIs invest in a pan-African private credit fund aimed at mid-size enterprises
13th May 2025 By: Rebecca Campbell

Four of Europe’s main development finance institutions (DFIs) are jointly committing $80-million to pan-African private credit fund BluePeak Private Capital Fund II (BPCF II). The DFIs are British... 


Grindrod to exit marine fuel trading business
13th May 2025 By: Schalk Burger

JSE-listed freight and logistics company Grindrod has started the process to exit its 50% investment in the marine fuel trading business Cockett Group, comprising CMOG Fuel DMCC and Cockett Marine... 


Octodec reports revenue growth of 5.2%, lower vacancies for half-year
13th May 2025 By: Schalk Burger

JSE-listed real estate investment trust Octodec Investments has increased its revenue by 5.2% to R1.06-billion for the six months to February 28, and recorded a reduction in core vacancies to... 


Neo Energy Metals chairperson Jason Brewer
Reserve Bank approvals nudge Neo Energy’s Beisa uranium buyout forward
13th May 2025 By: Sabrina Jardim

The South African Reserve Bank (SARB) has granted key approvals needed for Neo Energy Metals subsidiary Neo Uranium Resources South Africa (Nursa) to acquire the Beisa uranium project from... 


An image of Transnet Industry Day
Transnet, Transnet Engineering open for collaboration as part of turnaround plans
13th May 2025 By: Tasneem Bulbulia

Rolling stock manufacturer and maintenance company Transnet Engineering on May 12 held an Industry Day at its Pretoria facility, as part of its aim to be transparent, during which the division, and... 


Akobo agrees to revised loan facility terms for Segele development
13th May 2025 By: Darren Parker

Euronext-listed Akobo Minerals has agreed with Monetary Metals on revised terms for the company’s existing gold loan facility.  Monetary Metals initially provided funding in November 2022 to... 


Redefine property on Alice Lane
Redefine reports improved profitability despite rocky macroeconomic terrain
13th May 2025 By: Darren Parker

South African real estate investment trust (Reit) Redefine Properties has reported improved profitability in its financial results for the six months ended February 28. Overall, the Reit explained... 


White Protestors
First white South Africans arrive in US as Trump claims they face discrimination
13th May 2025 By: Reuters

The Trump administration welcomed on Monday 59 white South Africans it granted refugee status in the US, having deemed them victims of racial discrimination, while drawing criticism from Democrats... 


The Wheeler River camp
Denison sticks to Phoenix timeline with 2026 construction in sight
13th May 2025 By: Mariaan Webb

Uranium exploration and development company Denison Mines is aiming to break ground on its flagship Phoenix in-situ recovery (ISR) uranium project in northern Saskatchewan in early 2026, keeping... 


Communications and Digital Technologies Minister Solly Malatsi
Roadmap on the Digital Transformation of the South African government launched
12th May 2025 By: Natasha Odendaal

South Africa is taking steps to unify its currently fragmented digital initiatives, and modernise public service delivery, with the launch on Monday of the Roadmap on the Digital Transformation of... 


Balwin records lower full-year revenue, but higher profit
12th May 2025 By: Schalk Burger

JSE-listed property developer Balwin Properties, for the financial year ended February 28, 2025, reported revenue of R2.2-billion, 6% lower than the prior financial year, on the back of 1 749... 


Standard Bank LookSee partners with SANEDI for home energy, credit rating
12th May 2025 By: Schalk Burger

Financial services firm Standard Bank, through its residential energy efficiency tool, has partnered with the South African National Development Energy Institute (SANEDI) to launch an energy and... 


Calgro M3 posts lower revenue but higher gross profit margins
12th May 2025 By: Schalk Burger

JSE-listed property development company Calgro M3 recorded a 32.69% year-on-year decrease in revenue to R868.9-million for the financial year ended February 28, but its gross profit margin... 


China to strengthen control over strategic minerals exports
12th May 2025 By: Reuters

hina said on Monday that it will strengthen controls over the full supply chains of strategic minerals exports as part of efforts to tighten its dominant grip on materials it deems crucial to its... 


Construction workers' feet
Raubex defers publishing yearly results until whistleblower report is investigated
12th May 2025 By: Marleny Arnoldi

JSE-listed construction materials and mining company Raubex has announced that the publishing of its results for the financial year ended February 28 will be delayed while it reviews an anonymous... 


number plate showing LAZA VS SABS
Licence plate body accuses SABS of enabling industry misconduct amid ongoing corruption probe
12th May 2025 By: Darren Parker

Yet another complaint has emerged against the South African Bureau of Standards (SABS), this time by the Licence Plate Association of South Africa (Laza), which has alleged a series of systemic... 


Image of Cyril Ramaphosa
Ramaphosa attends Africa CEO Forum as he touts Africa-focused trade and investment
12th May 2025 By: Thabi Shomolekae

President Cyril Ramaphosa will this week attend the Africa CEO Forum in the Ivorian capital, Abidjan, to showcase South Africa’s potential as a premier investment and trade destination. Ramaphosa... 


Petrol station
South African suppliers truck fuel as pipeline fees spike
12th May 2025 By: Bloomberg

South African fuel suppliers are looking to utilise trucks to transport the commodity inland as the cost of using the nation’s main pipeline operated by Transnet surges. The National Energy... 


Lucara has cautioned that the transition from openpit to underground operations will bring a difficult two-year period.
Lucara flags going concern risk on back of lower revenue
12th May 2025 By: Mariaan Webb

TSX- and BSE-listed Lucara Diamond has said there is “significant doubt” about its ability to continue as a going concern, after a drop in diamond sales and increased reliance on limited funding... 


White Afrikaners
First white South Africans go to US under Trump refugee plan
12th May 2025 By: Reuters

The first 49 white South Africans granted refugee status for being deemed victims of racial discrimination under an offer by US President Donald Trump were flying to the US on Monday. Under Trump,... 


Pan American Silver expands with $2.1bn MAG Silver buy
Pan American Silver expands with $2.1bn MAG Silver buy
12th May 2025 By: Mariaan Webb

NYSE-listed Pan American Silver has agreed to acquire MAG Silver in a cash-and-stock deal valued at about $2.1-billion, the companies said on Sunday. The acquisition would give Pan American a 44%... 


New water platform launched to bridge gap between data and decisionmaking
9th 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... 


NOA reaches financial close for 94.5 MW Wind Garden plant in the Eastern Cape
9th May 2025 By: Schalk Burger

Commercial and industrial renewable-energy company NOA Group has announced financial close on its first wholly owned large-scale wind energy project, the 94.5 MW Wind Garden plant, near Makhanda,... 


Nersa’s approval of curtailment rules expected to unlock wind projects in Eastern and Western Cape
Nersa’s approval of curtailment rules expected to unlock wind projects in Eastern and Western Cape
9th May 2025 By: Terence Creamer

The National Energy Regulator of South Africa (Nersa) says the decision by the Energy Regulator to approve a curtailment framework will help unlock scarce grid connection capacity for wind projects... 


Hillside Aluminium in KwaZulu-Natal.
Hillside Aluminium contribution highlighted following power price agreement scrutiny
9th May 2025 By: Martin Creamer

The electricity pricing agreement for Hillside Aluminium in KwaZulu-Natal reflects the South African government’s policy to support strategic industries that create value for the nation, South32... 


Powerline
Eskom planning ‘open day’ to market newly launched virtual wheeling solution
9th May 2025 By: Terence Creamer

Eskom intends hosting an open day for independent power producers (IPPs) and aggregators in the near future to market its virtual wheeling solution, which was officially launched at the end of... 


Chrysos PhotonAssay unit
Chrysos to supply PhotonAssay units to various Newmont gold sites
9th May 2025 By: Marleny Arnoldi

ASX-listed technology company Chrysos Corporation has signed a master services agreement (MSA) with global diversified miner Newmont Corporation to provide PhotonAssay technology to Newmont’s gold... 


IMPOWER business development executive Matthew Cruise
Opinion: Carbon tax changes to reshape commercial and industrial property sector
9th May 2025 By: Creamer Media Reporter

In this article, IMPOWER business development executive Matthew Cruise writes that the South African commercial and industrial (C&I) property sector is facing a major regulatory inflection point as... 


Milken-Motsepe prize awarded to Verto fintech; AI and manufacturing prize launched
9th May 2025 By: Schalk Burger

Development think tank the Milken Institute and philanthropy organisation the Motsepe Foundation have awarded UK-based fintech Verto the $1-million Milken-Motsepe Prize in FinTech for its... 


Train tracks running through dense bushes.
Major projects revealed to boost Ethiopia’s rail economy
9th May 2025

Ministry of Transport-run national railway operator Ethiopian Railway Corporation (ERC) is making notable progress in overhauling the country’s railway transport system. It currently has eight... 


An image of Chuma Mxo
Community’s firefighting capabilities enhanced
9th May 2025

In a significant move to enhance emergency response and community safety, gas pipeline company the Republic of Mozambique Pipeline Investments Company (Rompco) has donated a modern fire truck to... 


Investors keen for B Network Prospectus
9th May 2025 By: Devina Haripersad

State-owned rail freight company Transnet’s Rail Infrastructure Management entity (TRIM) during its latest Investec Engagement that took place on March 14, says that it plans to release a B Network... 


A panel of men and woman on a lit stage at last year's Enlit discussing the topics at hand
Organisers hope to drive shift to practicable solutions
9th May 2025 By: Halima Frost

Cape Town-based event and media agency VUKA Group says “business as usual” is no longer an option, commenting on this year’s Enlit Africa 2025 theme of ‘Challenge the Status Quo’. “Industry needs... 


An image of surface water (river) sampling at Impala's Marula operations
Platinum miner focuses on water stewardship
9th May 2025 By: Nadine Ramdass

Several projects to mitigate water-related risks and improve long-term water security have been implemented at platinum group metals producer Impala Platinum’s (Implats’) operations. These projects... 


The carbon credit catch
9th May 2025 By: Martin Zhuwakinyu

Africa contributes just 3% to global emissions yet endures a wildly disproportionate share of the climate fallout – from deadly heatwaves to floods, cyclones and relentless droughts. Now, as the... 


Southern Mining Area Decline, Australia
Southern Mining Area Decline, Australia
9th May 2025 By: Sheila Barradas

The underground development at Olympic Dam will unlock up to 2.5-million tonnes a year of additional vertical capacity and support future mine expansion options. 


South African clean cooking and energy company expands into Zambia
8th May 2025 By: Rebecca Campbell

South African clean cooking and solar energy company Ener-G-Africa (EGA) has announced that it has expanded into Zambia, with the opening of five community-based retail outlets in that country.... 


Sappi CEO Steve Binnie
Sappi had a tough second quarter but its US prospects look bright
8th May 2025 By: Darren Parker

Paper and pulp manufacturer Sappi’s operating performance for the second quarter of its 2025 financial year fell short of expectations owing to challenging market conditions and issues that arose... 


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