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Sasol Secunda
Sasol warns of drop in interim earnings on impairments, lower prices
5th February 2025 By: Darren Parker

Energy and chemicals company Sasol has warned that its headline earnings per share (HEPS) are likely to decrease by between 26% and 36% year-on-year, to between R13 and R15, for the six months... 


Copper 360 CEO Shirley Hayes
Copper 360 completes first on-ore blast at Rietberg
5th February 2025 By: Sabrina Jardim

JSE-listed Copper 360 reports that it successfully executed the first on-ore blast at its Rietberg mine, in the Northern Cape, on January 31. The company says this marks the first such blast in 42... 


Sappi's Ngodwana Mill
Sappi delivers improved quarterly performance across all segments
5th February 2025 By: Darren Parker

Although global macroeconomic conditions were unfavourable during the first quarter of paper manufacturer Sappi’s 2025 financial year, the company reported improved year-on-year profitability... 


Absa chief information and technology officer Johnson Idesoh
Opinion: When machines start thinking about money
5th February 2025

In this article, Absa chief information and technology officer Johnson Idesoh writes about future developments in AI and how this will impact on the financial services sector. 


Joanne Bate
Bate still expects to play role in green transition following IDC departure
5th February 2025 By: Terence Creamer

Former Industrial Development Corporation (IDC) COO Joanne Bate, who departed the development financier at the end of January, expects to continue to play some role in South Africa’s green energy... 


US$1.5+Billion Investment pipeline at Africa’s Green Economy Summit
US$1.5+Billion Investment pipeline at Africa’s Green Economy Summit
5th February 2025

Sanlam Investments is proud to sponsor Africa’s Green Economy Summit (AGES) 2025, scheduled to take place from 19-21 February 2025 at the Century City Conference Centre in Cape Town. AGES is a... 


Coal being transported on rail
Transnet sees rail volumes falling short of target this year
5th February 2025 By: Reuters

South African logistics group Transnet's rail freight volumes could reach 160-million to 165-million tons in the year to end March, its CEO said on Tuesday, ahead of last year but short of a... 


Mining consultancy enables improved performance across the mining cycle
Mining consultancy enables improved performance across the mining cycle
4th February 2025

Global consultancy firm AMC Consultants (AMC) is dedicated to helping miners find smarter ways to unearth hidden business value. They help mining leaders evaluate opportunities, solve hidden... 


An image of Pegasys CEO Dr Constantin von der Heyden and RSK group CEO Alan Ryder
Pegasys joins RSK Group
4th February 2025 By: Tasneem Bulbulia

Africa-headquartered strategy and management consultancy Pegasys is now part of sustainable solutions provider the RSK Group. This follows the finalisation of a strategic partnership, strengthening... 


gold bars
Kefi nears funding finalisation for Tulu Kapi
4th February 2025 By: Marleny Arnoldi

Aim-listed Kefi Gold and Copper has informed shareholders that it has received sufficient expressions of interest in the EthioBonds, in alignment with an updated finance plan for the Tulu Kapi gold... 


An image of Public Works and Infrastructure Minister Dean Macpherson
Public Works Minister appoints two new Independent Development Trust members
4th February 2025 By: Tasneem Bulbulia

Public Works and Infrastructure Minister Dean Macpherson has appointed attorney Matodzi Ratshimbilani and public law expert Derek Naidoo to the board of the Independent Development Trust (IDT), in... 


Invest in African Energy 2025 Returns to Paris on May 13-14 – Connecting Global Finance to African Projects
4th February 2025

Energy Capital & Power – organizers of the Invest in African Energy (IAE) forum in Paris – has confirmed May 13-14 as the official dates for the 2025 edition of the forum. Following the success of... 


Alexforbes launches National CIPC Sustainability Reporting Market Sentiment Survey
3rd February 2025 By: Sabrina Jardim

JSE-listed financial services company Alexforbes has launched a National Companies and Intellectual Property Commission (CIPC) Sustainability Reporting Market Sentiment Survey to assess market... 


Wine and grapes
South Africa Wine says ‘excessive’ new excise tax on alcohol will devastate wine value chain
3rd February 2025 By: Marleny Arnoldi

Industry body South Africa Wine has expressed serious concerns about the potential impact on the wine industry’s sustainability and competitiveness, in response to National Treasury’s proposed... 


Zero Carbon Charge calls for Ramaphosa to announce comprehensive EV strategy during SoNA
3rd February 2025 By: Schalk Burger

While the signing of the 150% tax incentive for electric vehicle (EV) manufacturers from 2026 is a step forward, South Africa needs a comprehensive strategy to build a thriving EV ecosystem that... 


Beneficiation of African metals and minerals in Africa is being demanded as an absolute must.
Adding value to metals and minerals in Africa emphasised as a must at Mining Indaba
3rd February 2025 By: Martin Creamer

Investing in African Mining Indaba presenters on Monday spoke repeatedly of the need for Africa to add value to its metals and minerals on the continent itself rather than allowing this to take... 


Paul Dunne, Hugo Pienaar and Mzila Mthenjane
Mining still major contributor to South African economy
3rd February 2025 By: Rebecca Campbell

The South African mining industry contributed 6% of the country’s total nominal GDP during the first three quarters of last year. In money terms, this amounted to R432.7-billion. So highlighted... 


Standard Bank energy and infrastructure executive VP Sherrill Byrne.
Standard Bank leads debt funding of pioneering Eswatini hydropower project
3rd February 2025 By: Sabrina Jardim

Standard Bank has announced the close of a R567-million deal to fund Eswatini’s 13.5 MW Lower Maguduza hydropower project. The project was sponsored and developed by African Clean Energy... 


SoNA can reinforce cooperation and reforms to achieve 3% growth – BLSA
3rd February 2025 By: Schalk Burger

President Cyril Ramaphosa can use his State of the Nation Address (SoNA), set to be delivered on February 6, to reinforce the fundamental commitment by different parties to find workable solutions... 


RBC becomes latest Canadian lender to quit global climate coalition
3rd February 2025 By: Reuters

Royal Bank of Canada is exiting the global banking sector climate coalition, a spokesperson for the lender said on Friday, after a similar move by domestic banking peers. The Net-Zero Banking... 


Absa PMI declines again in January, lowest level since August
3rd February 2025 By: Schalk Burger

Financial services firm Absa’s Purchasing Managers’ Index (PMI) declined by 0.9 points to 45.3 points in January – the third consecutive contraction and the lowest level since August 2024. This... 


Harmony Gold's new CEO Beyers Nel
Harmony on track to meet full-year guidance after robust first-half performance
3rd February 2025 By: Darren Parker

JSE-listed Harmony Gold remains on track to meet the upper end of its full-year production guidance of between 1.4-million and 1.5-million ounces, while all-in sustaining costs (AISC) remain... 


Terry Holohan has resigned as CEO of Resolute Mining
Eger takes over as Resolute CEO as Holohan resigns
3rd February 2025 By: Sabrina Jardim

Terry Holohan has resigned as CEO, MD and director of ASX- and LSE-listed Resolute Mining, with immediate effect. Resolute notes that it is discussing the terms of a proposed settlement in... 


Westgold downgrades production guidance
Westgold downgrades production guidance
3rd February 2025 By: Mariaan Webb

ASX- and TSX-listed Westgold Resources on Monday announced a substantial production guidance downgrade, prompted by engineering issues at the Beta Hunt and Bluebird-South Junction mines in... 


Vodacom Group posts stronger third quarter
3rd February 2025 By: Natasha Odendaal

Telecommunications group Vodacom on Monday reported a stronger third quarter, with Group CEO Shameel Joosub saying that the results support the confidence of an overall stronger second half... 


The Loulo-Gounkoto mine
How two former employees are driving Mali's hardball talks with Barrick
3rd February 2025 By: Reuters

Two former company executives with inside knowledge of Barrick Gold's operations in West Africa are helping to drive Mali's demands for a payment of around $200-million from the Canadian miner,... 


Coal station
Eskom falls painfully short of going 365 days loadshedding-free
31st January 2025 By: Terence Creamer

After having operated South Africa’s electricity system without resorting to rotational power cuts for 310 days, Eskom declared Stage 3 loadshedding at 17:00 on January 31, after the loss of 3 600... 


Eskom CEO Dan Marokane
Eskom forecasting full-year profit of R10bn, as it digests Nersa decision
31st January 2025 By: Terence Creamer

Eskom has confirmed that it is forecasting to make a full-year profit of more that R10-billion for 2024/25, having reported a R17-billion profit for the interim period, up from the R1.6-billion... 


MC Mining records 26% decline in coal production for the Dec quarter
31st January 2025 By: Sabrina Jardim

JSE-, ASX- and Aim-listed MC Mining has reported a 26% year-on-year decrease in run-of-mine (RoM) coal production from the Uitkomst steelmaking and thermal coal mine, in KwaZulu-Natal, to 95 489 t... 


From left to right: PHC manager Midvaal sub-district Dorothy Manoto; Sedibeng District Health Services acting director Desebo Pepenene; Midvaal local municipality executive mayor Peter Teixeira; Gauteng MEC for Health Nomantu Nkomo-Ralehoko; site manager South32 Metalloys Smelter Nico Smith; Gauteng Department of Health HOD Lesiba Malotana; ward 10 Cllr Tumelo Mokhomo and head of stakeholder relation South32 Africa Dr Oupa Nkagisang
South32 provides new community healthcare clinic in Meyerton, Gauteng
31st January 2025 By: Sabrina Jardim

Globally diversified mining and metals company South32 on January 30 celebrated the official opening of the Sicelo Clinic in Meyerton, Gauteng. The company says the R4.1-million healthcare facility... 


Drone on farm
WesBank urges more mechanisation in agri for max yield, climate resilience
31st January 2025 By: Marleny Arnoldi

Asset finance provider WesBank has called for greater adoption of mechanised farming as the sector grapples with multifaceted challenges including production costs, land and water scarcity,... 


South Africa’s business services sector on track to create 500 000 jobs by 2030
31st January 2025 By: Sabrina Jardim

South Africa’s fast-growing global business services (GBS) sector created over 14 000 new jobs between January and September 2024, with 12 564 of those taken up by the country’s youth, Business... 


Hawks Head lieutenant general Godfrey Lebeya
Hawks prioritising State capture investigations overview reveals
31st January 2025 By: Thabi Shomolekae

Directorate for Priority Crime Investigation head Lieutenant General Godfrey Lebeya announced on Friday that 2 241 statements have been obtained in 53 cases addressing State capture... 


ADQ, Orion Resource Partners establish metals, mining JV
31st January 2025 By: Schalk Burger

Abu Dhabi sovereign investment company ADQ and metals and materials investment firm Orion Resource Partners have entered into an agreement to establish a new Abu Dhabi-based joint venture (JV) that... 


The IMF logo
IMF projects South Africa’s GDP growth will reach 1.5% this year
31st January 2025 By: Darren Parker

The International Monetary Fund (IMF) expects South Africa’s yearly economic growth rate to reach 1.8% by 2030, supported in large part by ongoing electricity and logistics reforms. In the outcome... 


Gemfields continues funding MRM processing plant, pauses Kagem mining
31st January 2025 By: Sabrina Jardim

JSE- and LSE-listed Gemfields has reported total auction revenues of $196-million for the year ended December 31, and a net debt position of $80.5-million – before auction receivables of... 


Opposition parties reject Nersa’s tariff hike, EFF calls for review of approval process
Opposition parties reject Nersa’s tariff hike, EFF calls for review of approval process
31st January 2025 By: Thabi Shomolekae

Opposition parties have rejected the National Energy Regulator of South Africa’s decision to grant State power utility Eskom a 12.74% tariff hike, with the Economic Freedom Fighters calling for an... 


Aluminum beverage cans
Nampak completes sale of Bevcan Nigeria business
31st January 2025 By: Marleny Arnoldi

JSE-listed packaging producer Nampak has completed the disposal of its Bevcan Nigeria business to Singapore-incorporated private company Alucan Investment after six months of due process and... 


BHP awards EPCM contract for South Australia copper expansion
BHP awards EPCM contract for South Australia copper expansion
31st January 2025 By: Creamer Media Reporter

Diversified miner BHP has awarded an engineering, procurement and construction management (EPCM) contract to a joint venture between Fluor Australia and Hatch to support the proposed expansion of... 


Atlas Copco pump on site
Rapid-response dewatering service extended into rest of Southern Africa
31st January 2025 By: Tracy Hancock

Dewatering pump and dredging specialist IPR (Integrated Pump Rental) has extended its rapid-response dewatering services into the rest of Southern Africa to take advantage of new opportunities... 


Three men wearing PPE working on the sntallation of a pipe in the ground in Cape Town
New water, sewer pipes replace aged infrastructure
31st January 2025

The City of Cape Town’s Department of Water and Sanitation Directorate is accelerating its sewer and water pipe replacement efforts for the 2024/25 financial year by investing just over... 


OFF-GRID
JUWI Renewable Energies has reached financial close on a €30-million off-grid solar PV and battery storage solution for Eramet Grande Côte’s mine
Hybrid energy solution helps mine meet sustainability goals
31st January 2025

In a significant step towards sustainable mining in Africa, French multinational mining and metals company Eramet subsidiary Eramet Grande Côte, and South African renewable-energy company JUWI... 


Magazine cover image
Vala Zonke pothole repair programme overlooks root causes of crumbling roads
31st January 2025 By: Darren Parker

When the Department of Transport (DoT) launched the Vala Zonke pothole reporting and repair programme nationwide in August 2022, it was widely seen as a positive sign of government’s taking... 


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