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Scopa views the Defence Department as being in a 'crisis of accountability and funding'
20th November 2024 By: Rebecca Campbell

Parliament’s Standing Committee on Public Accounts (Scopa) has expressed concern about the record of the Department of Defence (DoD) and the Department of Military Veterans, regarding their... 


major road interchange
Namibia has best roads in sub-Saharan Africa, with South Africa scoring on par with Rwanda, Mauritius
20th November 2024 By: Darren Parker

According to the ‘Global Competitiveness Index’ compiled by the World Economic Forum and hosted on the World Bank's Prosperity Data360 platform, Namibia ranks highest in sub-Saharan Africa for road... 


Potash ore
Kore signs final fixed-price EPC contract for its Kola project
20th November 2024 By: Chanel de Bruyn

Potash development company Kore Potash, which owns 97% of the Kola and DX projects in Congo-Brazzaville, has signed a final engineering, procurement and construction (EPC) contract with PowerChina... 


Canadian regulator orders halt to Sunshine Oilsands operations
20th November 2024 By: Reuters

A Canadian regulator has ordered Sunshine Oilsands to suspend its operations, including wells, facilities and pipelines,in northern Alberta's oil sands regiondue to continuous non-compliance with... 


Communications and Digital Technologies Minister Solly Malatsi
Uncertainty emerges over looming deadline for analogue switch off
20th November 2024 By: Natasha Odendaal

As the gazetted date of December 31 draws closer for the years-delayed switch-off of the analogue broadcasting signals, the Department of Communications and Digital Technologies (DCDT) warns of the... 


Water dripping from a tap
Treasury to suspend municipal funds over water debt
20th November 2024 By: Bloomberg

South Africa’s Treasury plans to withhold funds from five municipalities next month over their unpaid water bills, part of an effort to compel local governments to pay for basic services. The... 


Aurora turns its focus to Australia as it options Oregon project
19th November 2024 By: Creamer Media Reporter

Australia’s Aurora Energy Metals is shifting its focus to a local jurisdiction with an option agreement to put its namesake project in Oregon into a US domiciled company, while broadening its asset... 


Graphite in containers
Blencowe unpacks differentiated value of Orom-Cross project as DFS takes shape
19th November 2024 By: Marleny Arnoldi

London-listed emerging graphite miner Blencowe Resources has responded to shareholder questions following a capital raise of £1.6-million to fund the completion of a definitive feasibility study... 


Wind turbines and solar panels
Summit underscores importance of just energy transition, C&I industry
19th November 2024 By: Tasneem Bulbulia

It is imperative that South Africa and industry decarbonises and, with the transition towards more sustainable forms of energy already occurring, stakeholders should focus on how the transition is... 


Australian pension group rejects Mineral Resources pay proposal
19th November 2024 By: Bloomberg

A group representing Australia’s A$3.9-trillion ($2.5-trillion) pension industry has recommended its members vote against the remuneration plan of scandal-hit Mineral Resources at the company’s... 


Fintech, partners offer WhatsApp solution to improve access to banking services
19th November 2024 By: Schalk Burger

A bank card that enables cardholders to manage their account and money through a WhatsApp solution has been launched by fintech Mama Money in collaboration with financial services firm Access Bank... 


Osisko expands leadership team, announces C$100m financing
Osisko expands leadership team, announces C$100m financing
19th November 2024 By: Mariaan Webb

TSX-V-listed Osisko Meals has announced the expansion of its leadership team and a C$100-million bought deal financing as part of its strategy to become a leading critical minerals company. John... 


A group photo taken at the signing ceremony attended by Electricity and Energy Minister Dr Kgosientsho Ramokgopa, seated at centre
Two more battery projects achieve financial close, next set of bidders to be announced within weeks
19th November 2024 By: Terence Creamer

Two more battery storage projects selected as preferred bids under South Africa’s first public procurement bid window (BW1) for the technology have achieved commercial close. The projects have a... 


An office block with the Sars logo
South African pension withdrawals since reform up to R35.1bn
19th November 2024 By: Reuters

South Africa's tax service said on Tuesday that pension withdrawals in the 11 weeks since a reform took effect allowing people to make partial withdrawals before retirement had risen to... 


An image showing the Gautrain Operational Control Room
Bombela Operating Company highlights operational, sustainability strides
18th November 2024 By: Tasneem Bulbulia

The Bombela Operating Company (BOC) has highlighted its works in ensuring an effective, efficient and safe Gautrain operation, while also pursuing sustainability at a broader level, as it aims to... 


PPC CEO Matias Cardarelli
PPC moving into second phase of its recovery plan
18th November 2024 By: Schalk Burger

JSE-listed cement and construction materials company PPC has started working on the second phase of its turnaround strategy, with the benefits of its first phase evident in its results for the six... 


Woman artisan in training
AgriSETA reflects on strides made to empower women in sector
18th November 2024 By: Marleny Arnoldi

In reflecting on education and training authority for the agriculture sector AgriSETA’s accomplishments for the 2023/24 financial year, chairperson Sharon Sepeng lauded the organisation for having... 


Open Mic
Affordability and Eskom inefficiencies come under scrutiny as Nersa hearings kick off
18th November 2024 By: Terence Creamer

The issues of electricity affordability and Eskom’s inefficiencies emerged as recurring themes as the National Energy Regulator of South Africa (Nersa) kicked off nationwide public hearings in Cape... 


artisinal gold nuggets held by artisinal miner
Russian war machine funded by illicit gold trading, WGC report states
18th November 2024 By: Darren Parker

Russian State-funded private military company (PMC) Wagner Group is one of the greatest beneficiaries of illicit gold trading, a new report published by the World Gold Council (WGC) shows.... 


TWK plantation
Lower earnings reflect difficult trading year for TWK
18th November 2024 By: Marleny Arnoldi

Diversified agriculture and forestry company TWK Investments says its results for the year ended August 31 reflect the unusual and challenging trading environment it experienced throughout the... 


Telkom delivers double-digit half-year growth
18th November 2024 By: Natasha Odendaal

Telkom South Africa on Monday reported an 18.3% increase in adjusted earnings before interest, taxes, depreciation and amortisation (Ebitda) from continuing operations to R5.61-billion during the... 


How working with ‘glocal’ OEMs can empower East Africa's channel partners for success
How working with ‘glocal’ OEMs can empower East Africa's channel partners for success
18th November 2024

Channel partners in East Africa, including resellers, distributors, system integrators and panel builders, often need to overcome significant hurdles to sell solutions in the local market... 


African, Japanese institutions sign MoU to accelerate energy investment in the continent
18th November 2024 By: Rebecca Campbell

The Africa Finance Corporation (AFC) has signed a memorandum of understanding (MoU) with the Japan Institute for Overseas Investment (JOI), aimed at scaling up investment flows into Africa. The AFC... 


Astral chicken farm
Astral swings to full-year profit, resumes dividend
18th November 2024 By: Marleny Arnoldi

JSE-listed integrated poultry producer Astral Foods has managed to swing from an operating loss of R621-million in the 2023 financial year to an operating profit of R1.1-billion for the financial... 


iron ore pellets
Iron-ore prices to remain at about $100/t in 2025, BMI says
18th November 2024 By: Darren Parker

Market research firm BMI, a Fitch Solutions company, has maintained its 2025 iron-ore price forecast at an average of $100/t, expecting continued downward pressure owing to weak demand stemming... 


Gold loses some luster after Trump’s decisive win
Gold loses some luster after Trump’s decisive win
18th November 2024 By: Bloomberg

Donald Trump’s victory immediately buoyed markets from stocks to Bitcoin. Gold is going to take a lot longer to turn things around. In the two days immediately following the Republican candidate’s... 


Sheila Khama
Opinion: De Beers resumes exploration in Angola and Botswana’s new leaders see red
15th November 2024 By: Creamer Media Reporter

In this article, policy adviser and former De Beers Botswana CEO Sheila Khama writes about De Beers' exploration in Angola and asks whether Botswana should be concerned. On October 23, De Beers... 


Kieswetter appointed as OECD Forum on Tax Administration vice chair
15th November 2024 By: Sabrina Jardim

South African Revenue Service (Sars) Commissioner Edward Kieswetter has been appointed as vice chairperson of the Organisation for Economic Cooperation and Development (OECD) Forum on Tax... 


Forestry, Fisheries and the Environment Minister Dion George
South Africa says China could assume climate lead if US exits
15th November 2024 By: Bloomberg

China has an opportunity to lead the global fight against climate change with the US set to tamp down its commitments following the election of Donald Trump as president, South Africa’s environment... 


Dean Macpherson
Public Works to blacklist ‘criminal’ contractors as delayed projects reach R3-billion
15th 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 projects are experiencing delays, says Public Works and... 


The Duvha power station in Mpumalanga
South Africa's revised carbon tax to be harsher but with more offsets, Treasury says
15th November 2024 By: Reuters

South Africa's revised carbon tax aims to balance the rival demands of climate activists and polluters by lowering tax-free allowances while letting companies make greater use of offsets, the... 


Image of solar panels
Renewable-energy solution for South African businesses
15th November 2024

FNB in collaboration with strategic partners says it has designed a solution to help businesses address the growing demand for affordable, reliable, and sustainable energy solutions. FNB Energy... 


Provinces increase their expenditure by nearly 5% in the second quarter
15th November 2024 By: Schalk Burger

National Treasury has revealed that South Africa's provinces spent 50.6%, or R384.9-billion, of the allocated main budget of R760.1-billion in the second quarter of the 2024/25 financial year,... 


TotalEnergies, bp, Equinor and Shell to invest $500m to improve energy access in Africa, Asia
15th November 2024 By: Schalk Burger

Oil, gas and energy multinational companies TotalEnergies, bp, Equinor and Shell have made a $500-million joint investment commitment to create positive energy access impact for people in key... 


Minister of Higher Education and Training Dr Nobuhle Nkabane
Higher Education Minister to undertake working visit to China to strengthen TVET cooperation
15th November 2024

Minister of Higher Education and Training Dr Nobuhle Nkabane is set to lead a high-level South African delegation on a working visit to China between November 15 and 26, as part of efforts to... 


Cyclone brings Vale on board for Canada iron-ore project
Cyclone brings Vale on board for Canada iron-ore project
15th November 2024 By: Creamer Media Reporter

ASX-listed Cyclone Metals has announced a memorandum of understanding (MoU) with diversified major Vale regarding the development of an iron-ore project in Canada. The MoU outlines the terms for a... 


France's Orano warns of financial problems at Niger uranium plant Somair
15th November 2024 By: Reuters

French nuclear fuels company Orano warned on Friday of a "deteriorating financial situation" at its Somair uranium plant in Niger, whose board it said had sought a temporary halt on expenditures... 


Hastings' Yangibana project
Wyloo wants Hastings to explain debt repayments
15th November 2024 By: Mariaan Webb

Andrew Forrest’s Wyloo Metals has requested that the board of rare earths developer Hastings Technology Metals explain how it intends to repay its debt to the company and to clarify its position... 


South African Reserve Bank logo
South African Reserve Bank to cut rates 25bps to 7.75% on Nov 21 – Reuters poll
15th November 2024 By: Reuters

The South African Reserve Bank will cut its repo rate next week as slowing inflation continues to make way for a series of cuts through the middle of next year, spurring growth to almost 2%, a... 


Image of the Langer Heinrich mine
Langer Heinrich uranium restart project, Namibia – update
15th November 2024 By: Sheila Barradas

Paladin Energy has revised downwards its production forecast for the Langer Heinrich mine. 


Image of the Kayelekera operations
Kayelekera uranium restart project, Malawi – update
15th November 2024 By: Sheila Barradas

Lotus Resources is fully funded to restart production. 


Image of solar panel system
Harmony Gold renewable-energy programme, South Africa – update
15th November 2024 By: Sheila Barradas

Construction of the Moab Khotsong solar PV will start before the end of 2024. 


Image of copper ore
Eva copper mine project, Australia – update
15th November 2024 By: Sheila Barradas

Harmony Gold Mining Company is in the final stages of the feasibility study update for the project. 


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