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Kholo Capital Mezzanine Debt Fund I reaches final close at R1.4bn
25th February 2025 By: Sabrina Jardim

Specialist alternative investment fund management company Kholo Capital’s Mezzanine Debt Fund I has reached final close at R1.4-billion in commitments, in order to make long-term mezzanine debt... 


A stretch of the Gautrain network
New single structure to be established that will govern State participation in PPPs
20th February 2025 By: Darren Parker

A single structure overseen by the National Treasury will be established during the 2025/26 fiscal year to coordinate State participation in project preparation and planning, public-private... 


Construction activity
Additional R46.7bn funding announced for infrastructure projects
20th February 2025 By: Darren Parker

The 2025 Budget documents show that Finance Minister Enoch Godongwana planned to add an extra R46.7-billion in funding for infrastructure projects over the next three years. In his undelivered... 


Kumba CE Mpumi Zikalala
Kumba posts lower earnings, dividend as steel demand weakened in 2024
18th February 2025 By: Marleny Arnoldi

Anglo American subsidiary Kumba Iron Ore has reported a 17% lower total dividend for the year ended December 31, on the back of steel market and iron-ore pricing dynamics. The company’s total... 


Geordin Hill-Lewis
Cape Town calls for Budget to increase affordable housing funding to cities
18th February 2025 By: Irma Venter

The City of Cape Town says it is “eagerly awaiting” Finance Minister Enoch Godongwana’s announcement that the Budget, set to be delivered on Wednesday, will increase funding for cities to deliver... 


Silhouette of construction workers on construction site at sunset
Nedbank report shows sharpest increase in fixed investment plans since 2021
13th February 2025 By: Darren Parker

The latest ‘Nedbank Capital Expenditure Project Listing’ report, published on February 13, shows the sharpest increase in fixed investment plans since 2021, reflecting a myriad of projects... 


Gina Rinehart
Australia's 50 richest now control $153bn as Rinehart tops list again
13th February 2025 By: Reuters

The combined wealth of Australia's 50 richest people has climbed nearly 10% to A$243-billion ($152.92-billion) in the past 12 months, Forbes said on Thursday, with mining magnate Gina Rinehart... 


Image of Donald Trump
EFF condemns Trump’s ‘genocidal declaration’ against Palestinians
11th February 2025 By: Thabi Shomolekae

The Economic Freedom Fighters (EFF) on Tuesday said it was not surprised by US President Donald Trump’s sentiments on the forced removal of Palestinians from Gaza, accusing him of having a history... 


President Cyril Ramaphosa
Business cautiously optimistic on SoNA commitments, but execution will be critical
7th February 2025 By: Darren Parker

President Cyril Ramaphosa’s State of the Nation Address (SoNA), delivered on February 6, has been met with cautious optimism. The Bureau of Economic Research (BER) commended the SoNA’s focus on the... 


President Cyril Ramaphosa
Mixed reactions to Ramaphosa’s SoNA
7th February 2025 By: Thabi Shomolekae

Opposition parties have expressed mixed reactions to President Cyril Ramaphosa’s State of the Nation Address, with the GOOD Party praising Ramaphosa’s steady and diplomatic tone in the face of US... 


Aerial view of the Lumwana mine
Lumwana superpit expansion, Zambia – update
7th February 2025 By: Sheila Barradas

The project is extending its Technical Education, Vocational and Entrepreneurship Training Authority-accredited training centre to equip local workers with critical skills.  


Metso launches new screening FATP facility in Gauteng
Metso launches new screening FATP facility in Gauteng
5th February 2025

Minerals and aggregates process solution company Metso, in partnership with specialist fabrication company Efficient Engineering, has launched its screening fabrication, assembly, testing and... 


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... 


NSW approves changes to Newmont’s Cadia planning consent
NSW approves changes to Newmont’s Cadia planning consent
3rd February 2025 By: Mariaan Webb

The New South Wales (NSW) government has approved modifications to the planning consent for Newmont’s Cadia mine, which the company says will enhance the environmental performance of Australia’s... 


Consumer
Stats SA updates consumer inflation basket
28th January 2025 By: Reuters

South Africa's statistics agency has updated its consumer inflation basket for the first time since 2022, including items like rosé wine, air fryers and streaming services to reflect changes in... 


An image showing a rendering of the expansion of the Lumwana copper project
Barrick Gold targeting local suppliers, skills with Zambian expansion project
27th January 2025 By: Tasneem Bulbulia

NYSE- and TSX-listed Barrick Gold’s Business Accelerator Programme is seeking 150 small and medium-sized enterprises to support the upcoming Superpit expansion at its Lumwana copper mine, in... 


PIC invests in Divercity Urban Property to develop affordable housing
24th January 2025 By: Schalk Burger

Public investment organisation the Public Investment Corporation (PIC) has made a strategic investment in affordable rental housing company Divercity Urban Property Group to enable further growth... 


Farm
Mixed reactions to Expropriation Bill, with threats of legal action
24th January 2025 By: Thabi Shomolekae

Opposition parties and civil society organisations have rejected President Cyril Ramaphosa's signing into law of the Expropriation Bill, while the African National Congress (ANC) has supported the... 


Cape Town
Cape Town eager to tap into work-from-anywhere market as it hosts Nomad Week
23rd January 2025 By: Irma Venter

The City of Cape Town will host the first-ever Nomad Week in March. The event, a global gathering of digital nomads, will be hosted in collaboration with Work Wanderers, an organisation that... 


An image depicting the new Metso screening FATP facility
Metso launches new screening FATP facility in Gauteng
23rd January 2025 By: Sabrina Jardim

Minerals and aggregates process solution company Metso, in partnership with specialist fabrication company Efficient Engineering, has launched its screening fabrication, assembly, testing and... 


Image of Atlas Copco’s TwinPower generators housed in a single container
Two-in-one generator solution
17th January 2025

A mobile power generation solution housing two generators side-by-side in a standard 20-foot container is designed to provide flexible prime and critical standby power. The QAC1100 TwinPower... 


Cape Town moves ahead with plans to take over PRASA service
17th January 2025 By: Irma Venter

The City of Cape Town (CoCT) says it will have business plans in place by the middle of this year to take over the management of passenger rail services in the metro. This follows the city... 


Image of South Africa map/flag
Platinum Village, South Africa
17th January 2025 By: Sheila Barradas

Platinum Village is a flagship project that has four phases that will deliver 2 128 housing units. 


Jakob Stausholm
Rio Tinto iron-ore shipments decline despite productivity efforts
16th January 2025 By: Mariaan Webb

Global diversified miner Rio Tinto has reported a marginal decline in its fourth-quarter and full-year iron-ore shipments from the Pilbara, citing resource depletion and above-average rainfall that... 


nonCrete's vaulted floor system
Cape Town-based nonCrete, partners offer fire-resistant building solutions
14th January 2025

The Los Angeles fire disaster and the many fires we regularly experience in South Africa are a powerful reminder of the need for fire-resistant building materials and methods across the housing and... 


Copper extends rally as dollar weakens on Trump tariff report
Copper extends rally as dollar weakens on Trump tariff report
14th January 2025 By: Bloomberg

Copper extended this year’s rally on a report the incoming Trump administration will slowly ramp up trade tariffs rather than impose sizable levies in one go. The report, based on unnamed sources,... 


India Prime Minister Narendra Modi (left) with South African President Cyril Ramaphosa during 2023 visit.
India targeting five-million tons of green hydrogen a year by 2030, PM announces
10th January 2025 By: Martin Creamer

India aims to produce five-million tonnes of green hydrogen year by 2030 under the National Green Hydrogen Mission, Prime Minister Narendra Modi has announced. As a first step, two green hydrogen... 


Image of drill core from the Thacker Pass lithium project
Thacker Pass lithium project, US – update
10th January 2025 By: Sheila Barradas

Lithium Americas has raised the reserve estimate for the Thacker Pass lithium project. 


World Bank unveils five-year plan to drive jobs, access to services in Namibia
9th January 2025 By: Sabrina Jardim

The World Bank has launched a new country partnership framework (CPF) for Namibia, targeting economic growth promotion, job creation and access to quality public services from 2025 to 2029. The CPF... 


Futuregrowth invests R150m in Sourcefin
18th December 2024 By: Schalk Burger

Investment company Futuregrowth Asset Management has invested R150-million in small, medium-sized and microenterprises (SMMEs) finance and specialist supply chain support financial technology... 


Joburg opens R116m Riverside View Phase 3 affordable housing in Diepsloot
13th December 2024 By: Schalk Burger

The City of Johannesburg (CoJ) opened the 184-unit, Phase 3 of the Riverside View affordable housing development in Diepsloot, west of Midrand and north of the City's centre, this week. Monthly... 


PRECEDENT SETTING
The Mogale Tailings Retreatment operation has become a model for cost-effective, large-scale tailings retreatment and legacy mining rehabilitation
Project combines profitability with sustainability
13th December 2024 By: Simone Liedtke

The Krugersdorp-based Mogale Tailings Retreatment (MTR) operation of JSE- and LSE-listed midtier gold producer Pan African Resources (PAR), commissioned in October 2024 and now fully operational,... 


A mound of gold
Cowal underground development project, Australia – update
13th December 2024 By: Sheila Barradas

Evolution Mining has received regulatory approval from the New South Wales Department of Planning, Housing and Infrastructure to extend operations at its Cowal gold operations until 2042. 


Image of river gold nuggets
Nyanzaga gold project, Tanzania – update
13th December 2024 By: Sheila Barradas

Perseus Mining has reported that it is well advanced in its review of existing geology, mining engineering and mineral processing studies. 


Cape Town service level plan is not a devolution agreement, warns PRASA
Cape Town service level plan is not a devolution agreement, warns PRASA
12th December 2024 By: Irma Venter

The recent Service Level Plan (SLP) signed between the Passenger Rail Agency of South Africa (PRASA) and the City of Cape Town is not a devolution agreement, warns the rail agency. It says the... 


Evolution secures regulatory approval to extend Cowal
Evolution secures regulatory approval to extend Cowal
10th December 2024 By: Creamer Media Reporter

Australia’s Evolution Mining has received regulatory approval from the New South Wales Department of Planning, Housing and Infrastructure to extend operations at its Cowal gold operations until... 


Image of Cyril Ramaphosa
Ramaphosa reflects on government progress, notes slow pace of economic growth
9th December 2024 By: Thabi Shomolekae

President Cyril Ramaphosa pointed out on Monday that strengthening local government is the Government of National Unity’s key priority, noting disruptions in the supply of electricity and clean... 


Image of the LHWP – Phase I
Lesotho Highlands Water Project – Phase II
6th December 2024 By: Sheila Barradas

The Lesotho Highlands Development Authority has awarded the engineering design and construction supervision contract for the Oxbow Hydropower Scheme. 


Cape Town moves ahead with plans to take over PRASA service
Cape Town moves ahead with plans to take over PRASA service
5th December 2024 By: Irma Venter

The City of Cape Town (CoCT) says it will have business plans in place by the middle of next year to take over the management of passenger rail services in the metro. This follows the city... 


Perseus remains upbeat about Nyanzaga’s development as investment decision nears
5th December 2024 By: Sabrina Jardim

Africa-focused gold miner Perseus Mining says it is well advanced in its review of existing geology, mining engineering and mineral processing studies at the Nyanzaga gold project, in Tanzania,... 


President Cyril Ramaphosa, Minister Thembi Simelane & Deputy President Paul Mashatile
Ramaphosa faces criticism over reassignment of embattled Minister Thembi Simelane
4th December 2024 By: Thabi Shomolekae

Political parties have condemned President Cyril Ramaphosa’s recent cabinet reshuffle, in which he moved embattled Justice and Constitutional Development Minister Thembi Simelane to the Human... 


Equipment on a farm
GDP contracts by 0.3% in the third quarter
3rd December 2024 By: Creamer Media Reporter

South Africa’s GDP decreased by 0.3% in the third quarter, following an increase of 0.3% in the second quarter. The agriculture, forestry and fishing industry decreased by 28.8%, contributing -0.7... 


FirstRand's first social bond proceeds to support FNB lending to SMMEs, housing customers
29th November 2024 By: Schalk Burger

The proceeds of financial services provider FirstRand Bank's inaugural social bond will be allocated to fund financial services firm FNB’s lending to small, medium-sized and microenterprises... 


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