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