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Econometrix director and chief economist Dr Azar Jammine
Budget shows an economy treading water, not collapsing – Jammine
23rd February 2024 By: Darren Parker

Although Finance Minister Enoch Godongwana’s Budget, delivered on February 21, seemed somewhat prudent, Econometrix director and chief economist Dr Azar Jammine said there was not much in it to... 


Mondi reports lower Ebitda, concludes exit from Russia
22nd February 2024 By: Sabrina Jardim

Paper and packaging group Mondi achieved underlying earnings before interest, taxes, depreciation and amortisation (Ebitda) of €1.2-billion for the year ended December 31, 2023, compared with... 


An EV being charged
NEV producers will be able to claim 150% of their investment spend in 2026
21st February 2024 By: Darren Parker

To encourage the production of new energy vehicles (NEVs) in South Africa, Finance Minister Enoch Godongwana has proposed that an investment allowance be made available for new investments from... 


Company calls for Finance Minister to announce incentives to drive EV industry growth
19th February 2024 By: Schalk Burger

Electric vehicle (EV) renewable energy charging infrastructure company Zero Carbon Charge is calling on Finance Minister Enoch Godongwana to announce a series of fiscal measures to incentivise the... 


Finance Minister Enoch Godongwana
Reserves drawdown is wildcard in South Africa’s election budget
19th February 2024 By: Bloomberg

Enoch Godongwana needs to conjure an annual budget that balances spending pressures stemming from this year’s elections with the South African National Treasury’s commitment to stabilise its... 


WearCheck’s technical manager, Steven Lumley
SLIDING THROUGH TIME: Lubrication from stone age to modern age
19th February 2024

In part one of Lubrication from Stone Age to Modern Age (WearCheck Technical Bulletin 88), we slid through 5,000 years of lubrication history and left off at the end of the age of enlightenment in... 


SANDF soldiers
South Africa risks showdown with Rwanda over Congo deployment
16th February 2024 By: Reuters

South Africa is leading a regional force that’s deploying into eastern Democratic Republic of Congo and risks being caught up in a conflict that has displaced 7-million people. Operation Thiba is... 


Aluminium cans produced by Nampak
Nampak reports first-quarter improvement in operating profit
15th February 2024 By: Schalk Burger

JSE-listed packaging company Nampak, in a voluntary trading update on its operational performance for the first quarter of its 2024 financial year, said reduced foreign exchange (forex) losses... 


Barrick CEO Mark Bristow.
Barrick replaces 140% of gold reserve, no need for ‘dilutionary or delusionary’ M&A
15th February 2024 By: Martin Creamer

New York- and Toronto-listed mining company Barrick has replaced more than 140% of its gold reserves in the last five years and more importantly at the same grade, Barrick CEO Dr Mark Bristow... 


How cultural assessments drive behavioural change for safer operations in high-risk industries
How cultural assessments drive behavioural change for safer operations in high-risk industries
14th February 2024

By Louise Woodburn, GM Risk Solutions, KBC Health & Safety The roar of heavy earthmoving machinery, the shouts of workers at height, the flash of welding arcs, the vast expanse of an open mine –... 


Engen classes help Montclair’s Andiswa bag 6 distinctions
Engen classes help Montclair’s Andiswa bag 6 distinctions
14th February 2024

Ganges Secondary School alumnus, Andiswa Mtaka Mbense aced matric in no small part thanks to the supplementary classes offered by the Engen Maths and Science School. The Montclair local, whose six... 


IEA executive director Fatih Birol
IEA to launch security programme for minerals critical to energy sector
14th February 2024 By: Reuters

The International Energy Agency (IEA) is launching a programme to secure the supply of minerals critical to energy security, as demand rises fast while manufacturing remains in the hands of a few... 


South Africa urged to dedicate 30% of healthcare public procurement to local manufacturers
13th February 2024 By: Schalk Burger

To build capacity and expand investment in South Africa’s pharmaceutical and healthcare products manufacturing sector, the country should ringfence 30% of public procurement for local... 


H2 gas sign
South Africa looks to Japanese collaboration on green hydrogen development
13th February 2024 By: Darren Parker

The Japan External Trade Organisation (Jetro) this week hosted key South African private and public sector delegates and a high-profile Japanese business delegation at a green hydrogen seminar, in... 


Volt makes progress for much larger funding from US energy dept
12th February 2024 By: Sabrina Jardim

Graphite producer and natural graphite anode developer Volt Resources says the US Department of Energy (DoE) has approved its concept paper for the ‘Integrated Production of Natural Graphite Anode... 


Africa’s biggest oil and gas finds are doing little for economies at home
12th February 2024 By: Bloomberg

The last thing Senegal needed in its long-drawn-out effort to capitalize on large oil and gas finds off its coast was political turmoil. Africa’s newest natural gas superstar had bubbled with... 


DS Smith surges after approach by packaging rival Mondi
9th February 2024 By: Bloomberg

DS Smith shares surged after the company confirmed it had received an initial approach from British rival Mondi Plc about a potential deal to create one of the world’s largest makers of packaging... 


Trend toward digitalisation continues
9th February 2024 By: Lynne Davies

Materials handling firms have traditionally relied on paper-based processes, however, as these processes are staggeringly manual, time consuming, highly inefficient and prone to human error,... 


Ronny Levitan, head of Deel South Africa
Ronny Levitan
9th February 2024 By: Creamer Media Reporter

This week we profile Ronny Levitan, head of Deel South Africa, which works for independent contractors and full-time employees in more than 150 countries, offering the first, and so far only,... 


Manufacturing production increased by 0.7% y/y in December
8th February 2024 By: Schalk Burger

Manufacturing production increased by 0.7% year-on-year in December, Statistics South Africa reports. The largest positive contributions were made by petroleum, chemical products, rubber and... 


Sappi CEO Steve Binnie
Sappi's earnings, debt decrease in first quarter
7th February 2024 By: Schalk Burger

JSE-listed renewable woodfibre-based products company Sappi's earnings before interest, taxes, depreciation and amortisation (Ebitda) decreased to $156-million for the first quarter of its 2024... 


Digitisation is key to contractor transparency, says Saryx
Digitisation is key to contractor transparency, says Saryx
7th February 2024 By: Tracy Hancock

Compliance, health and safety, and environmental awareness are central to long-term sustainability and are achieved by maintaining rigorous standards and improved visibility and/or transparency.... 


Cape Town Mayor Geordin Hill-Lewis
Hill-Lewis urges Ramaphosa to fast-track devolution of rail, policing powers to deal with crises
6th February 2024 By: Sashnee Moodley

Cape Town Mayor Geordin Hill-Lewis is looking to President Cyril Ramaphosa for answers on the delay of the national Rail Devolution Strategy, which could save lower-income families R932-million... 


Mondi acquires Hinton Pulp mill in Canada
5th February 2024 By: Schalk Burger

JSE-listed Mondi has completed the acquisition of the Hinton Pulp mill, in Alberta, Canada, from West Fraser Timber company for $5-million. Mondi will invest in the mill to improve productivity and... 


Interdisciplinary knowledge base is key to tailings compliance
1st February 2024

To improve safety, mitigate risks and create a state of readiness for any eventuality among internal and external stakeholders related to tailings facilities, mines are developing comprehensive... 


SKF Authorised Distributor, Bearings 2000, contributes to the circular economy through sustained support of SKF’s bearing reman solutions
SKF Authorised Distributor, Bearings 2000, contributes to the circular economy through sustained support of SKF’s bearing reman solutions
26th January 2024

Throughout 2023, SKF Authorised Distributor, Bearings 2000, supported SKF’s Remanufacturing Services with a strong focus on remanufacturing mainly Spherical Roller Bearings (SRB) used in food &... 


Image of kaolinite stone
Tampu kaolin project, Australia
26th January 2024 By: Sheila Barradas

Corella Resources has investigated two development scenarios for the project. 


Former President Nelson Mandela
SAHRA to continue fight against auction of Nelson Mandela's personal items
19th January 2024 By: News24Wire

The South African Heritage Resources Agency says it will continue to challenge the upcoming auction of former president Nelson Mandela's personal items. Auction house Guernsey's has advertised the... 


Two women and a baby standing around tap with a gent overseeing it
Huge investment to bring Rwanda water relief
19th January 2024

Development finance institution African Development Bank’s (AfDB’s) board in Abidjan, Côte d’Ivoire, announced last month that it had approved loans of over R4.7-billion to Rwanda, to improve the... 


Global AI Governance Alliance calls for inclusive access to AI data, resources and education
18th January 2024 By: Schalk Burger

The World Economic Forum (WEF) Artificial Intelligence Governance Alliance (AIGA) is calling on experts from various sectors to address several key areas of AI, including improving data quality and... 


An image depicting Dobsonville housing
Joshco releases app to help tackle fraud, corruption in housing application process
18th January 2024 By: Sabrina Jardim

In a strategic move to tackle inefficiency, fraud and corruption, the Johannesburg Social Housing Company (Joshco) has transitioned from a paper-based application process to a leasing app. The... 


Seabridge applies to BC for ‘substantially started’ status for KSM
Seabridge applies to BC for ‘substantially started’ status for KSM
18th January 2024 By: Creamer Media Reporter

Dual-listed Seabridge Gold has applied to the British Columbia Environment Assessment Office (BC EAO) for ‘substantially started’ status for its 100% owned KSM project. Under the BC Environmental... 


Enter the New Era of Mobile AI with Samsung Galaxy S24 Series
Enter the New Era of Mobile AI with Samsung Galaxy S24 Series
17th January 2024

Empowering everyday experiences, from barrier-free communication to awe-inspiring creativity to the power for even more possibilities, Galaxy AI transforms the iconic S Series for the future.... 


Learner
Umalusi 'deeply concerned', but gives green light for release of the 2023 matric results
15th January 2024 By: News24Wire

Exams quality assurer Umalusi is "deeply concerned" about detected cases of group copying in last year's National Senior Certificate exams involving 945 candidates, including 763 from KwaZulu-Natal... 


Norway just raised the stakes over deep-sea mining
Norway just raised the stakes over deep-sea mining
15th January 2024 By: Bloomberg

The Norwegian Parliament last week greenlit seabed mining exploration in the country’s territorial waters, a decision that contravenes the advice of government scientists and is set to intensify... 


Image of building blocks with images related to the the circular economy
Transforming waste management
12th January 2024

Waste management is a challenge facing all industries and is recognised as a critical concern in protecting the environment and aligning business objectives with the United Nation’s Sustainable... 


COP28 deal offers opportunities for renewables-powered charging stations – Zero Carbon Charge
12th January 2024 By: Tasneem Bulbulia

The twenty-eighth Conference of the Parties (COP28) to the United Nations Framework Convention on Climate Change that targets reaching 11 terawatts (TW) of renewable energy generation capacity by... 


SKF Maxilube lubrication system optimises bearing and machine operation for Moroccan paper mill
SKF Maxilube lubrication system optimises bearing and machine operation for Moroccan paper mill
10th January 2024

SKF enhanced personnel safety, increased machine reliability, boosted uptime and delivered substantial time and cost savings for a leading paper mill in Morocco with the installation of a complete... 


coal fired power stations
Global climate action insufficient to meet 2050 goal of 1.5 °C limit – report
8th January 2024 By: Darren Parker

Global emissions, which are continuing to rise by 1.5% a year, must be cut by 7% every year until 2030 to limit global warming to 1.5 °C, as agreed by countries that signed the Paris Agreement in... 


Image of John Steenhuisen
Steenhuisen reflects on 2023 as analysts point to party's lack of broader support
19th December 2023 By: News24Wire

The year 2023 saw seismic shifts in South Africa's political discourse. The state of the African National Congress (ANC) is perilous, to say the least, and it's facing a major onslaught from... 


Lesetja Kganyago said the profits on the account exist on paper unless they are realised by selling the underlying assets, warning that using them could diminish the country’s reserves and potentially leave it more vulnerable to future shocks
South Africa eyes half of $27bn contingency funds to cut debt
18th December 2023 By: Bloomberg

South Africa’s National Treasury is considering withdrawing as much as half of the R497-billion of contingency reserves held by the central bank to help reduce the government’s debt load or fund... 


LOOMING CHALLENGE: Coal-dependent South Africa needs to more than double climate financing to achieve its emissions reduction targets, a Presidential Climate Commission paper states. Current yearly average funding of R131-billion needs to be boosted to R334-billion for the country to meet its net-zero goal by 2050, the paper states.
LOOMING CHALLENGE
15th December 2023

Coal-dependent South Africa needs to more than double climate financing to achieve its emissions reduction targets, a Presidential Climate Commission paper states. Current yearly average funding of... 


CGCSA registered as producer responsibility organisation
14th December 2023 By: Schalk Burger

Industry association the Consumer Goods Council of South Africa (CGCSA) has been registered as a producer responsibility organisation (PRO), which will enable it to coordinate efforts by its... 


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