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NDB approves $1bn loan for SA, inks deal for more billions with Transnet
13th September 2024 By: Irma Venter

The board of directors of the New Development Bank (NDB) has approved a loan of up to $1-billion for the development of water and sanitation infrastructure in South Africa under government’s... 


Image of Kamoa-Kakula Phase 3 concentrator
Kamoa-Kakula Copper Complex, Democratic Republic of Congo – update
13th September 2024 By: Sheila Barradas

Ivanhoe Mines has reported that ramp-up of the Phase 3 concentrator to steady-state production is progressing well. 


South Africa Wine launches latest graduate placement programme
12th September 2024 By: Marleny Arnoldi

Industry body South Africa Wine has launched the 2024 iteration of its Graduate Placement Programme, which is designed to advance professionals in the local wine industry. The programme aims to... 


Chartered Institute of Logistics and Transport: South Africa empowers women in logistics,  transport and supply chain with upcoming conference
Chartered Institute of Logistics and Transport: South Africa empowers women in logistics, transport and supply chain with upcoming conference
12th September 2024

The Chartered Institute of Logistics and Transport: South Africa (CILTSA) is proud to announce its second Women in Logistics, Transport and Supply Chain Empowerment Conference. Themed “The How To’s... 


Afrimat Construction Index bounces back in second quarter
Afrimat Construction Index bounces back in second quarter
12th September 2024 By: Irma Venter

The Afrimat Construction Index (ACI) has managed to bounce back in the second quarter of this year. The ACI is a composite index of the level of activity within the building and construction... 


The Importance of an Agile Supply Chain in Driving Competitiveness
12th September 2024

As the supply chain landscape rapidly evolves and artificial intelligence and technology speeds up processes, businesses face a multitude of challenges that require swift and strategic responses.... 


Vultures and healthcare among topics in the spotlight at supply chain profession's spring conference
Vultures and healthcare among topics in the spotlight at supply chain profession's spring conference
11th September 2024

An innovative solution to improving healthcare access and availability in Lesotho and a heartwarming project that saved 160 endangered vultures were among the topics on the programme at the annual... 


TFR locomotives
Transnet breaches loan terms again as debt weighs on investment
11th September 2024 By: Bloomberg

Transnet breached loan covenants for a second year running as the South African port and rail operator staggers under a debt burden that’s constraining investments needed to resurrect its ailing... 


Attacq grows distributable income by 19.9%, full-year dividend by 19%
10th September 2024 By: Schalk Burger

JSE-listed real estate investment trust Attacq grew its distributable income per share for the financial year ended June 30 by 19.9% year-on-year to 86.2c, while its full-year dividend increased by... 


Huawei Sub-Saharan Africa Enterprise Business President Guo Guoqing
The next wave of digitalisation will change African transportation forever
9th September 2024

By Huawei Sub-Saharan Africa Enterprise Business President Guo Guoqing - Africa’s transportation sector is on the cusp of a major transformation. Driven by technological advances in fields such as... 


MC Mining appoints new nonexec director
9th September 2024 By: Marleny Arnoldi

JSE-, ASX- and Aim-listed coal miner MC Mining has appointed Dr Steele West as a nonexecutive director to the board, effective September 9. He succeeds Douglas Abrahams, who is stepping down from... 


Southern African Vinyls Association (SAVA) to launch industry - wide Vinyl floor recycling and recovery programme
Southern African Vinyls Association (SAVA) to launch industry - wide Vinyl floor recycling and recovery programme
9th September 2024

The Southern African Vinyls Association (SAVA) is proud to announce its plans to launch of an industry-wide vinyl floor recycling and recovery programme. This groundbreaking initiative, modelled... 


Rheinmetall Denel Munition is growing in South Africa
Rheinmetall Denel Munition is growing in South Africa
9th September 2024

It's been 16 years since the German technology house Rheinmetall and South African defence player Denel joined forces and formed a joint venture, establishing Rheinmetall Denel Munition. Over these... 


An image of BLSA CEO Busi Mavuso
Improving Transnet’s performance key to bolstering economic growth – BLSA
9th September 2024 By: Tasneem Bulbulia

Recent statistics have underscored how crucial it is to fix State-owned enterprise (SOE) Transnet, with second-quarter GDP growth of 0.4% still insufficient to achieve the necessary progress in the... 


Business Unity South Africa CEO Cas Coovadia
Business calls for soul searching on Nedlac’s future amid big socio-economic shifts
6th September 2024 By: Terence Creamer

While reaffirming its commitment to the National Economic Development and Labour Council (Nedlac), organised business has again questioned whether the structure’s current composition and... 


Image of the eCanter
City Logistics tests the electric Canter; DTSA to roll out leasing once trials wrap up
6th September 2024 By: Irma Venter

City Logistics says it has been “pleasantly surprised” by the load-carrying performance of its trial electric Fuso Canter (eCanter) small truck. Earlier this year, Daimler Truck Southern Africa... 


An aerial view of a refinery
Panel to highlight Angolan projects
6th September 2024

In a press release published last month, it is noted that the upcoming Angola Oil & Gas (AOG) conference – with the theme ‘Crude to Commercial’ – will include a panel discussion on the country's... 


Photo of Terence Creamer
Potential peril
6th September 2024 By: Terence Creamer

The assignment of shareholder responsibilities for State-owned enterprises (SOEs) that previously fell under the Department of Public Enterprises (DPE) to line departments is an important, yet... 


UK govt financier pledges $35m towards construction of DRC deep-water container port
6th September 2024 By: Irma Venter

British International Investment (BII) says it has committed up to $35-million for the construction of the initial phase of the Democratic Republic of Congo’s (DRC’s) first deepwater container... 


Challenging trade environment dents Grindrod’s profit
6th September 2024 By: Irma Venter

Grindrod encountered a “very challenging environment” in the first six months of the year, says CEO Xolani Mbambo. “It’s been difficult.” 


Image of Zondereinde mine and smelter
Zondereinde – Western extension project, South Africa – update
6th September 2024 By: Sheila Barradas

Underground tunnel development within the Western extension section has progressed to plan, according to Northam Platinum. 


TFR locomotives
Private train operators could access Transnet's rail network by April 2025, says business development exec
5th September 2024 By: Schalk Burger

State-owned Transnet Group chief business development officer Yolisa Kani has said calls for applications for private train operators wanting to access the freight rail network are likely to open... 


Blencowe, partners plan JV to establish a graphite beneficiation facility in Uganda
5th September 2024 By: Creamer Media Reporter

LSE-listed Blencowe Resources has signed a memorandum of understanding (MoU) with Singaporean graphite sales and marketing specialist Triessence and an Asian spheronised purified graphite (SPG) and... 


Zimbabwe turns to private firms to boost freight rail volumes
5th September 2024 By: Reuters

Zimbabwe's State-owned railway operator has opened its network up to private players, including a unit of South Africa's Grindrod, as it seeks to boost freight volumes that had collapsed after... 


Chinese President Xi Jinping
China offers Africa $51-billion in fresh funding, promises a million jobs
5th September 2024 By: Reuters

President Xi Jinping pledged on Thursday to step up China's support to the world's fastest-growing continent with funding of nearly $51-billion, backing for more infrastructure initiatives and a... 


 Minerals Council South Africa CEO Mzila Mthenjane
South Africa's mining sector 'gearing for growth' as reforms yield results
4th September 2024 By: Sabrina Jardim

Amid electricity and logistical constraints, as well as an increase in crime and corruption, the mining sector contributed only 6.3% to South Africa’s GDP in 2023, down from 7.3% in 2022, Minerals... 


Rand Currency
Govt says economic growth is a clear indication that SA is on a solid path to recovery
4th September 2024 By: Thabi Shomolekae

Public information entity Government Communication and Information System said on Wednesday South Africa’s economic growth in the second quarter shows that the economy is on a solid path to... 


Petredec CEO Jonathan Fancher and Transnet Group CE Michelle Phillips
Transnet, Petredec sign agreement to enhance bulk LPG distribution in South Africa
4th September 2024 By: Creamer Media Reporter

State-owned logistics infrastructure company Transnet and liquefied petroleum gas (LPG) value chain company Petredec have entered into an agreement to implement a groundbreaking rail freight... 


Northam’s Eland mine.
Northam sees Eland becoming significant chrome producer in coming years
4th September 2024 By: Martin Creamer

Northam Platinum, which benefits from a full mine-to-market value chain in chrome, sold around 1.3-million tons of chrome for the year, which contributed 12.5%, or R3.8-billion, to the revenue of... 


Bell logo
A Legacy of Excellence 70 years of continuous values and innovation for SA manufacturer
4th September 2024

The story of South African manufacturer Bell Equipment is one deeply rooted in strong family values, innovation and a relentless pursuit of excellence. Founded by Irvine Bell in 1954, the company’s... 


E25 and Nissan Chemical explore Japanese HPMSM facility
3rd September 2024 By: Creamer Media Reporter

Australia-listed Element 25 (E25) has partnered with Nissan Chemical (NC) and NC Tokyo Bay (NCTB) to study the possibility of setting up a high-purity manganese sulphate monohydrate (HPMSM)... 


DBSA approves $200m for Lobito Corridor Railway project
3rd September 2024 By: Tasneem Bulbulia

Development finance institution the Development Bank of Southern Africa (DBSA) has, alongside the US International Development Finance Corporation (DFC), approved funding of up to $200-million... 


CILT International global president chief Teete Owusu-Nortey, CILTSA president Elvin Harris and VUT vice-chancellor and principal Professor Khehla Ndlovu
MoU seeks to bridge gap between academia, industry in logistics, transport sector
3rd September 2024 By: Darren Parker

The Chartered Institute of Logistics and Transport: South Africa (CILTSA) and the Vaal University of Technology (VUT) have signed a memorandum of understanding (MoU) to bridge the gap between... 


RCL meat-free and vegan foods
Sugar drives resilience for RCL despite softer consumer demand
3rd September 2024 By: Marleny Arnoldi

JSE-listed food manufacturer RCL Foods has delivered solid results in the financial year ended June 30 despite softer consumer demand, with earnings before interest, taxes, depreciation and... 


NDB approves $1bn loan to SA; Godongwana urges speedy disbursement
NDB approves $1bn loan to SA; Godongwana urges speedy disbursement
2nd September 2024 By: Irma Venter

The board of directors of the New Development Bank (NDB) has approved a loan of up to $1-billion for the development of water and sanitation infrastructure in South Africa under government’s... 


Ministerial criticism on banks should be backed by evidence, urges Mavuso
2nd September 2024 By: Marleny Arnoldi

Business Leadership South Africa (BLSA) CEO Busi Mavuso has expressed concern about a press conference held by Human Settlements Minister Mmamoloko Kubayi last month, saying the Minister... 


South Africa is losing its trade competitiveness edge
2nd September 2024 By: Schalk Burger

Enormous investments are being made in ports, rail and transport logistics in Southern Africa, as well as more broadly in Africa, including by international companies and consortia. "Global... 


South32 CEO Graham Kerr.
South32’s future outlook has probably never looked brighter, CEO tells Mining Weekly
2nd September 2024 By: Martin Creamer

The future outlook for South32, the mining and metals company spun out of BHP in 2015, has probably never looked brighter, says South32 CEO Graham Kerr. “It's a decade in for the company, and time... 


Nifty copper leaching
Cyprium secures A$40m loan with Glencore
30th August 2024 By: Creamer Media Reporter

ASX-listed Cyprium Metals on Friday announced a binding term sheet with diversified miner Glencore for offtake financing from the Nifty copper mine on the western edge of the Great Sandy desert in... 


Image of a grout injection plants
Grout injection plant recognised for safety track record
30th August 2024

A local grout injection plant that includes operations at depths up to 1 600 m below surface has achieved a significant milestone, having operated for 20 years without a single lost-time injury.... 


Transnet CEO Michelle Phillips (left) and NDB president Dilma Rousseff
NDB signs R5bn loan agreement with Transnet
30th August 2024 By: Irma Venter

The New Development Bank (NDB) on Friday signed a R5-billion loan agreement with State-owned freight transport and logistics group Transnet. The agreement was signed during the NDB’s ninth yearly... 


Trucks transporting cargo containers at a port in Africa
Regional integration to make products more competitive, but many challenges remain for Africa
30th August 2024 By: Schalk Burger

Better transport and trade infrastructure across Africa will make it quicker and cheaper to transport goods, while lower tariff and non-tariff barriers will reduce the cost of goods and increase... 


Reserve Bank Governor Lesetja Kganyago
South Africa getting to grips with economic reforms, central bank governor says
30th August 2024 By: Reuters

South Africa is getting to grips with reforms that could lift its economic potential, its central-bank governor said on Thursday, adding that success tackling a longstanding power crisis could spur... 


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Magazine round up | 13 December 2024
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