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WEG Africa

Press Office - WEG Africa

Business Leadership South Africa CEO Busisiwe Mavuso
Panellists discuss local business environment amid Budget speech postponement
21st February 2025 By: Sabrina Jardim

Following the postponement of the Budget speech from February 19 to March 12, panellists at the PwC ‘Responsible growth for a sustainable future’ panel discussion, on February 21, considered South... 


Early works at Pensana's Longonjo project, in Angola
Atherley reaffirms Pensana’s commitment to social, enviro sustainability
21st February 2025 By: Marleny Arnoldi

London-listed rare earths miner Pensana chairperson Paul Atherley says mining can be both environmentally sustainable and socially developmental. He tells British radio station BBC Radio 4 that... 


FNB White paper
Sustainable energy presents significant opportunities for SA businesses
21st February 2025

The majority of South African electricity is generated through fossil fuels – particularly coal – contributing to the rapid warming of the planet, extreme weather patterns, rising sea levels, and... 


Yancoal Australia posts smaller annual profit on fall in coal prices
Yancoal Australia posts smaller annual profit on fall in coal prices
21st February 2025 By: Reuters

Yancoal Australia forecast flat production estimates for fiscal 2025 on Thursday while reporting a 33% fall in annual profit due to lower coal prices. The coal miner expects attributable saleable... 


The Kendal power station
Ramokgopa hints that new IRP includes 10-year delay to coal shutdowns
21st February 2025 By: Terence Creamer

Electricity and Energy Minister Dr Kgosientsho Ramokgopa has given the strongest indication yet that the next edition of the Integrated Resource Plan (IRP) will include a 10-year delay to the... 


Indian miner Vedanta's shareholders, creditors clear way for five-way split
21st February 2025 By: Reuters

Vedanta's shareholders and lenders have approved the oils-to-metals conglomerate's plans to split into five separate entities, the company announced on Thursday, with nods from nearly all of its... 


AUDA-NEPAD, Meta and Deloitte launch AI for SMMEs in Africa platform ALKALI AI
21st February 2025 By: Schalk Burger

African Union Development Agency (AUDA-NEPAD), social media technology company Meta and professional services company Deloitte have launched ALKALI AI – an AI-driven support platform designed to... 


DLO, Longyuan train 100 youth in renewables skills in De Aar
21st February 2025 By: Schalk Burger

Just energy transition social enterprise the DLO Skills Initiative has partnered with Chinese renewable energy company Longyuan South Africa Renewables to provide 100 unemployed youth in De Aar... 


Small business selling tyres
Sacci, Absa partner on new SME index
21st February 2025 By: Marleny Arnoldi

In addition to its existing indices that provide information on South Africa’s business landscape, the South African Chamber of Commerce and Industry (Sacci) and Absa have announced a new index... 


Sasol's Secunda plant
Research strongly forecasts Secunda plant will wind down from 2030, but Sasol disagrees
21st February 2025 By: Marleny Arnoldi

Petrochemicals giant Sasol is set to face significant headwinds at its Sasolburg and Secunda operations in the coming decade, including a R30-billion-a-year carbon tax cost. Researchers, having... 


Lake Creek Hydroelectric Plant has successful October 2024 start-up
Lake Creek Hydroelectric Plant has successful October 2024 start-up
21st February 2025

Vesconite Bearings is pleased to announce the installation of its Vesconite Hilube hydroelectric components at the Lake Creek Hydroelectric Plant, which was officially commissioned in Troy,... 


Tiger Brands revenue up 3% y/y for four months to end January
21st February 2025 By: Schalk Burger

JSE-listed fast-moving consumer goods company Tiger Brands Group’s revenue for the four months ended January 31, was up 3% year-on-year, driven by both volume and price inflation. The volume growth... 


BOLSTERING PRESENCE
The project is set to bolster Namibia’s position as one of the world’s leading uranium producers
Uranium mine moving closer to production
21st February 2025 By: Simone Liedtke

The Namibia-based Etango uranium project of Australian uranium development company Bannerman Energy is advancing towards production, with first uranium output expected in 2028. The project is set... 


Rosond appoints industry veteran to drive innovation, growth
21st February 2025 By: Natasha Odendaal

As experienced mining professional Glen McGavigan settles into his new role as CEO of drilling and exploration specialist Rosond, he is eyeing a new era of growth and innovation, as well as... 


An image of Vuslat Bayoglu
Budding developer prioritises diversification
21st February 2025 By: Lumkile Nkomfe

More opportunities are likely to emerge in the manganese value chain in future, following anticipated growth in demand for manganese ore and its products including ferromanganese. “This is being... 


An image of Nivaash Singh
Regulations continue to discourage explorers
21st February 2025 By: Lumkile Nkomfe

Mining regulations in South Africa are hindering any meaningful exploration activity, with explorers reducing prospecting budgets, and exploration capital being deployed elsewhere where such... 


An image of Ralf Hennecke
Endeavouring to reach 2030 ESG targets
21st February 2025

Closer collaboration within Africa’s mining ecosystem will be required if the sector is to meet its ambitious environmental, social and governance (ESG) targets for 2030, reports blasting... 


Final rest for Sam Nujoma
21st February 2025 By: Martin Zhuwakinyu

He was the last man standing among Southern African liberation heroes – those who fought for independence and became founding leaders of their nations. Samuel Shafiishuna Daniel Nujoma, a towering... 


Huawei powers South African farm with solar, stored energy
21st February 2025 By: Natasha Odendaal

Global information and communication technology infrastructure and smart devices provider Huawei has installed a LUNA2000 2.0 MWH battery energy storage system (BESS) at Sunspot Farm, in Montagu,... 


Coal, uranium regarded as critical minerals in South Africa – Mantashe
21st February 2025 By: Irma Venter

South Africa’s definition of critical minerals is not limited to minerals used in the green economy and includes coal and uranium, says Mineral and Petroleum Resources Minister Gwede Mantashe.... 


Image of construction site
Thrive Student Living accommodation project, South Africa
21st February 2025 By: Sheila Barradas

Growthpoint Properties plans on building student accommodation at the University of KwaZulu-Natal. 


Location map of the Madaouela project
Madaouela uranium project, Niger – update
21st February 2025 By: Sheila Barradas

Mineral resources company GoviEx has signed a letter of intent with the Niger government agreeing to a structured roadmap that details a mutually acceptable plan to resolve the ongoing dispute... 


Image of lithium ore on a conveyor
Mariana lithium brine project, Argentina – update
21st February 2025 By: Sheila Barradas

The project has started production. 


Location map of the Molo graphite project
Molo graphite mine expansion, Madagascar – update
21st February 2025 By: Sheila Barradas

Strategic materials development company NextSource remains committed to ramping up and expanding operations at its Molo graphite mine despite ongoing market challenges. 


Artists impression of the Natrium reactor
Natrium reactor and energy storage system, US – update
21st February 2025 By: Sheila Barradas

Nuclear innovation company TerraPower has awarded contracts to three suppliers for the project.  


Image of gold ore
Stibnite gold project, US – update
21st February 2025 By: Sheila Barradas

Mining exploration and development company Perpetua Resources Corp has started detailed engineering and a procurement contract with Idaho Power for powerline materials. 


Image of gold bars and nuggets
La Libertad Complex, Nicaragua
21st February 2025 By: Sheila Barradas

A gold mine in the municipal area of La Libertad, Chontales Department, in Nicaragua. 


Image of iron-ore stockpiles
Rhodes Ridge iron-ore project, Australia – update
21st February 2025 By: Sheila Barradas

The Rhodes Ridge Joint Venture is aiming to complete a prefeasibility on the project this year. 


Construction of Africa’s largest smelter project at Kamoa-Kakula is now complete.
Ivanhoe entering era of free cash flow generation – Friedland
20th February 2025 By: Mariaan Webb

Canadian mining company Ivanhoe Mines is entering a new phase of strong free cash flow generation, following the completion of peak capital expenditures at its flagship Kamoa-Kakula copper complex... 


Hydropower study confirms sustainable, low-cost power supply for Orom-Cross
20th February 2025 By: Sabrina Jardim

London-listed Blencowe Resources has completed an initial hydropower study for its Orom-Cross graphite project, in Uganda. The study confirms the availability of abundant, low-cost and renewable... 


AfDB Climate Change and Green Growth Department director Anthony Nyong
Although global challenges exist, Africa has great opportunities in meeting climate change 
20th February 2025 By: Rebecca Campbell

Although the world is today facing critical challenges, there are great opportunities for Africa to be a leader in countering climate change. So affirmed Côte d’Ivoire-based African Development... 


GoviEx progresses Muntanga project financing
20th February 2025 By: Sabrina Jardim

TSX-listed GoviEx Uranium has taken the first step in securing project financing for its Muntanga uranium project, in Zambia, by appointing Endeavour Financial as its financial adviser. Muntanga is... 


Businesses urged to use enhanced deduction for renewable energy incentive before February 28
20th February 2025 By: Schalk Burger

Industry organisation the South African Photovoltaic Industry Association (SAPVIA) urges businesses to take advantage of the government’s renewable energy tax incentive before it expires on... 


Business associations, trade unions welcome budget postponement but voice concern over perceived instability
20th February 2025 By: Darren Parker

The failure of the Government of National Unity (GNU) to resolve its differences over the budget is disappointing and negative for business sentiment, but it does show that the parties of the GNU... 


AWSISA calls for establishment of “utilities of the future” to address the water, energy nexus
20th February 2025 By: Creamer Media Reporter

The African Water and Sanitation Industry Association (AWSISA) is advocating for the creation of “utilities of the future”, with water management experts such as water boards partnering... 


Image of a mobile device and a hand usingg an app
Controlling energy usage of smart appliances
20th February 2025

A new energy management system is designed to allow smart appliance users to visualise, control, and optimise energy consumption in residential, multi-apartment, mixed-use, and light commercial... 


Datacentrix champions sustainability, reattaining HP Amplify Impact status
Datacentrix champions sustainability, reattaining HP Amplify Impact status
20th February 2025 By: Dimpho Madiba

Trusted and secure hybrid IT systems integrator and managed services partner, Datacentrix  has been re-awarded HP’s prestigious Amplify Impact Partner status. This recognition highlights the... 


By Keith Webb, Senior Investment Banker for Infrastructure Sector Solutions at RMB
RMB: Shaping SA's Energy Future Through Innovative Financing of Transmission Infrastructure
20th February 2025

By Keith Webb, Senior Investment Banker for Infrastructure Sector Solutions at RMB In the heart of South Africa's economic transformation lies the intricate challenge of overhauling its energy market. 


Image of the ME-LGIA test engine
Ammonia engine test a success
20th February 2025

A liquid gas injection ammonia (LGIA) engine has run at 100% engine load during testing at MAN Energy Solutions’ research centre Copenhagen facility. MAN Energy Solutions two-stroke research and... 


Image of Danfoss Qt software for programmable displays
Greater scope for user interface design
20th February 2025

Danfoss Power Solutions has expanded its series of programmable displays with the launch of the DM-Qt series, which supports Qt as a plug-in to PLUS+1 GUIDE. This allows user interface (UI) design... 


Powerline workers
RFP for multi-line transmission package to be released in Nov – Budget docs
20th February 2025 By: Terence Creamer

Note: This article has been written partly using information from documents provided to the media during the 2025 Budget lock-up prior to the cancellation of the Budget Speech on February 19. The... 


US Secretary of State Marco Rubio
US snub to South Africa’s G20 may be a gift to Brics nations
20th February 2025 By: Bloomberg

South Africa President Cyril Ramaphosa’s priority as Group of 20 president is overhauling the global institutions he sees as skewed in favour of the West. Donald Trump might just have beaten him to... 


IWC post image
Three global brands unite to provide most advanced cooling solutions
20th February 2025

Industrial Water Cooling (IWC), a leading South African company, and its affiliate AS Cooling Technologies India (ASCTI) have officially joined the NEXT COOLING SA family, a proud member of... 


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