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Tech advancements in Africa have greatly advanced ESG, SDG imperatives – panel
29th November 2024 By: Marleny Arnoldi

Technology advancements in Africa are helping to advance various environment, social and governance (ESG) goals for companies and industries, and contribute to the efforts to achieve the UN... 


Madagascar lifts suspension on Energy Fuels’ Toliara project
Madagascar lifts suspension on Energy Fuels’ Toliara project
29th November 2024 By: Mariaan Webb

The Madagascar government has lifted the suspension on the Toliara critical minerals project. The suspension, imposed in November 2019, was lifted following US-based group Energy Fuels’ acquisition... 


Water tap
Johannesburg weighs tighter water restrictions as supply falters
29th November 2024 By: Bloomberg

South Africa’s business capital is considering tighter water curbs as it battles to maintain ageing infrastructure and cope with increased demand. The city of Johannesburg currently has level 1... 


Codelco reaches contract agreement with project unit employees
29th November 2024 By: Reuters

Chile's State-owned miner Codelco, the world's largest copper producer, said on Thursday it had reached a new collective bargaining agreement with the union in charge of developing some of its most... 


An airlink aircraft
Airlink to have a new CEO next year
29th November 2024 By: Rebecca Campbell

Private-sector South African regional and domestic airline Airlink has announced that its CEO and MD, Rodger Foster, will step down at the end of next March. He will, however, remain a shareholder... 


Polyhalite produced at the Woodsmith mine in the UK
IAEA, Anglo American to cooperate on research into stopping soil salinisation
29th November 2024 By: Rebecca Campbell

The International Atomic Energy Agency (IAEA) has announced that it is partnering with Anglo American, and in particular the latter’s Crop Nutrients business, to undertake research intended to... 


REPORTING STANDARDS
Many African mining companies have adopted the Global Reporting Initiative to report on their enivornmental and social impacts
ESG trends suggest greater accountability
29th November 2024 By: Simone Liedtke

With environmental, social and governance (ESG) criteria becoming increasingly critical to stakeholders, mining companies in Africa face more demanding reporting requirements and evolving... 


A generic image of a coal-fired power station
National programme endorses adoption of sustainable practices
29th November 2024 By: Lumkile Nkomfe

National industry support programme The National Cleaner Production Centre South Africa (NCPC-SA) emphasises that more concerted efforts must be taken to help industries become more... 


The above image depicts the ISO tanks from Almar
Rentals boost flexibility, sustainability
29th November 2024 By: Lynne Davies

Renting International Organization for Standardization (ISO) tanks is becoming an increasingly popular option for bulk liquid storage and transport, as it provides a cost-effective, flexible... 


Public Works to blacklist ‘criminal’ contractors as delayed projects soar to R3-billion
29th November 2024 By: Irma Venter

Out of the 206 infrastructure projects overseen by the Department of Public Works and Infrastructure (DPWI) this financial year, 164 are experiencing delays, says Public Works and Infrastructure... 


Photo of Terence Creamer
From crisis to . . .
29th November 2024 By: Terence Creamer

It was fascinating to listen to Eskom chairperson Mteto Nyati outline, in a recent exchange with the Centre for Development and Enterprises’ Ann Bernstein, why he believed the latest turnaround... 


Drill bit at the Kola potash project
Kola potash project, Congo-Brazzaville – update
29th November 2024 By: Sheila Barradas

Kore Potash has signed a final engineering, procurement and construction contract for the construction of the project. 


Image of Kouroussa plant
Kouroussa gold project, Guinea – update
29th November 2024 By: Sheila Barradas

The mine has reached commercial production. 


Image of periodic table symbol for tungsten
Mt Mulgine tungsten project, Australia – update
29th November 2024 By: Sheila Barradas

Tungsten Mining has conditionally agreed to acquire the assets of the project from Minjar Gold. 


Image of wind farm and solar farm
Sasol and Air Liquide large-scale renewable-energy project, South Africa – update
29th November 2024 By: Sheila Barradas

A consortium has achieved financial close on an agreement to supply wind and solar PV energy to Sasol’s Secunda operations. 


Aerial view of the Qala Shadows project
Witwatersrand basin project – Qala Shallows Phase 1, South Africa – update
29th November 2024 By: Sheila Barradas

Progress, including a detailed funding model to underpin the company’s financing initiatives, has been made. 


A solar PV plant built by Pele Green Energy
PGE reaches financial close of 100 MW solar plant for Glencore Merafe's ferrochrome smelters
28th November 2024 By: Creamer Media Reporter

Independent power producer Pele Green Energy (PGE) has reached financial close of the 100 MW Sonvanger solar PV power plant that will provide clean, reliable and sustainable for the Glencore Merafe... 


Power pylons
Regulations governing private participation in transmission network will be out early in 2025, Ramokgopa says
28th November 2024 By: Darren Parker

Electricity and Energy Minister Kgosientsho Ramakgopa is confident that regulations permitting private sector players to participate in the electricity transmission space will be finalised by the... 


Woodside to bring in several partners to Louisiana LNG project by March, CEO says
28th November 2024 By: Reuters

Woodside Energy expects to bring several partners into its Louisiana liquefied natural gas development by the time the company gives the financial go-ahead to the US project in the first quarter of... 


West Wits Mining CEO Rudi Deysel.
Western Johannesburg’s gold endowment set for upliftment by new CEO appointment
28th November 2024 By: Martin Creamer

Developing gold mining company West Wits Mining, which is reinvigorating the gold mining prospects west of Johannesburg with its Witwatersrand Basin project (WBP), on Thursday, November 28... 


Cities, states and regions can play a powerful role in mitigating climate change
28th November 2024 By: Natasha Odendaal

Subnational governments have a critical role to play in climate change mitigation and adaption, having already demonstrated extraordinary ambition, said Under2 Coalition director Nehmat Kaur. While... 


Tharisa mine
Tharisa posts 26% increase in full-year operating profit
28th November 2024 By: Marleny Arnoldi

London- and Johannesburg-listed chrome and platinum group metals (PGM) miner Tharisa has reported improvements in its production for the financial year ended September 30, which culminated in a... 


An SAA banner
Turnaround at South African Airways has banks keen to lend
28th November 2024 By: Bloomberg

South Africa’s State airline is being approached by banks keen to discuss lending the carrier money, aided by a turnaround in the company’s finances, interim Chief Executive Officer John Lamola... 


R99,950 Million Disbursed to 360 businesses in loans and financial incentives in 2023/24 financial year
R99,950 Million Disbursed to 360 businesses in loans and financial incentives in 2023/24 financial year
28th November 2024 By: Creamer Media Reporter

The Eastern Cape Development Corporation (ECDC) says a total of 360 small businesses received loans and financial incentives worth R99,950 million while R91,6 million was leveraged for direct... 


Nampak to report turnaround in headline earnings a share
27th November 2024 By: Schalk Burger

JSE-listed packaging manufacturer Nampak expects to report headline earnings a share from continuing operations of R31 to R35 for the financial year ended September 30, compared with the headline... 


WA unveils A$150m lithium support package
WA unveils A$150m lithium support package
27th November 2024 By: Mariaan Webb

The Western Australian government has launched a A$150-million support package aimed at safeguarding local jobs and ensuring the state maintains its position as a global leader in battery metals,... 


A map showing the Waterberg project area
PTM, Saudi Arabian company advance cooperation on proposed PGM smelter
27th November 2024 By: Creamer Media Reporter

TSX- and NYSE American-listed Platinum Group Metals (PTM), has signed a memorandum of understanding (MoU) with Saudi Arabian company Ajlan & Bros Company and the Ministry of Investment of Saudi... 


Three interns embark on an exciting career journey at Plastics SA through Government’s YES programme
Three interns embark on an exciting career journey at Plastics SA through Government’s YES programme
27th November 2024

Plastics SA is proud to announce the addition of three dynamic interns to its team as part of the South African Government’s Youth Employment Service (YES) programme. The initiative, which seeks to... 


Northam appoints independent nonexec director
27th November 2024 By: Sabrina Jardim

The board of JSE-listed Northam Holdings has appointed Wouter André Hanekom as an independent nonexecutive director and as a member of the group's audit and risk committee, with effect from... 


Eskom CEO Dan Marokane
Eskom welcomes S&P rating upgrade to positive from stable
27th November 2024 By: Schalk Burger

State-owned power utility Eskom has welcomed the decision by international ratings agency S&P Global Ratings to upgrade Eskom's 'B' long-term global-scale foreign and local currency ratings to... 


Safeguarding your bottom line - the ROI of breathalyser testing in the workplace
Safeguarding your bottom line - the ROI of breathalyser testing in the workplace
27th November 2024

By: Rhys Evans - Managing Director at ALCO-Safe (Virtual Showroom) Alcohol abuse in the workplace poses a significant threat to safety, productivity, and overall company morale. Oftentimes, the... 


Lynas chairperson John Humphrey
Lynas predicts continued rare earth price volatility amid China economic uncertainty
27th November 2024 By: Mariaan Webb

Australian rare earths producer Lynas Rare Earths has warned that price volatility in the rare earths market is likely to persist until the Chinese economy strengthens. At the company’s annual... 


Biden officials make last-ditch push for Greenland mining investment
Biden officials make last-ditch push for Greenland mining investment
27th November 2024 By: Reuters

The outgoing administration of US President Joe Biden is making a last-ditch push for mining companies and others to invest in Greenland, a move aimed at cementing its critical minerals diplomacy... 


Toubani appoints adviser for Kobada gold project financing
26th November 2024 By: Creamer Media Reporter

Toubani Resources, an Africa-focused gold developer, has appointed Endeavour Financial as its financial adviser for the development of the Kobada gold project in Mali. This strategic appointment... 


An image of Zeda CEO Ramasela Ganda
Zeda achieves record full-year revenue despite challenges
26th November 2024 By: Tasneem Bulbulia

African mobility services provider Zeda achieved record revenue of R10.5-billion for the financial year ended September 30 – a 14.5% year-on-year increase – and based off a smaller fleet than... 


Frasers acquires Holdsport from Old Mutual Private Equity
26th November 2024 By: Schalk Burger

UK-based retail and sports equipment company Frasers Group has concluded a deal to acquire South African sporting, outdoor and recreation goods company Holdsport Group from private equity... 


Challenges, but also opportunities, abound to grow sustainable township businesses
26th November 2024 By: Schalk Burger

A better understanding of the scale, challenges and business models of businesses in township economies can help to create better financing and policy support that will help township businesses to... 


Vukile Property Fund CEO Laurence Rapp
Vukile on track to meet full-year guidance
26th November 2024 By: Sabrina Jardim

JSE-listed retail real estate investment trust Vukile Property Fund has reported a 6% increase in its interim cash dividend to 55.2c a share for the six months to September 30. The company, in a... 


Mall of Africa construction
Attacq confident it will achieve distributable income growth of at least 17% in full-year 2025
26th November 2024 By: Marleny Arnoldi

JSE-listed real estate investment trust Attacq has reiterated its confidence in its ability to achieve distributable income a share growth of between 17% and 20% in the 2025 financial year ending... 


Singapore businessman faces trial over $1.1bn nickel scam
26th November 2024 By: Bloomberg

An ex-accountant accused of running a billion-dollar nickel scam that rocked Singapore’s business community is on trial on Tuesday on more than 100 charges related to fraud and money laundering.... 


Image of Gauteng Finance and Economic Development MEC Lebogang Maile
E-tolls debt bites into Gauteng’s finances
26th November 2024 By: Natasha Odendaal

Hard choices are having to be made to enable the Gauteng provincial government (GPG) to meet its e-toll debt obligations. In 2022, the GPG accepted its 30% debt contribution to settle South African... 


Stefanutti Stocks sign over construction site
Stefanutti remains commercially solvent but says its future is uncertain
26th November 2024 By: Darren Parker

Multidisciplinary construction group Stefanutti Stocks says it is still commercially solvent despite its current liabilities exceeding its current assets by more than R1.2-billion and its total... 


BankServ's PayShap Request service to launch on December 2
26th November 2024 By: Schalk Burger

Real-time payment request service PayShap Request, to be launched on December 2, will enable users to initiate payment requests instantly through their bank channels, thereby accelerating payment... 


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

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