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The Johannesburg skyline
Municipalities spend 22% of budget in the first quarter of the 2024/25 financial year
20th December 2024 By: Schalk Burger

The National Treasury, on December 20, published the local government revenue and expenditure report for the first quarter period from July 1 to September 30, which showed that aggregate spending... 


A TFR locomotive
Network Statement a major step in rail reform – B4SA
20th December 2024 By: Schalk Burger

Industry organisation Business for South Africa (B4SA) welcomes the release of the Network Statement as an exciting and significant milestone in the journey towards meaningful rail sector reform in... 


Creamer Media Construction 2024/25 cover
Construction 2024/25: Adapting to new realities
20th December 2024 By: Creamer Media Reporter

Creamer Media's ‘Construction 2024/25: Adapting to new realities’ report explores key aspects of the South African construction sector, offering a comprehensive overview of its challenges and... 


Grindrod's rail operations
Grindrod outlines focus for 2025, reflects on 2024 performance
19th December 2024 By: Schalk Burger

JSE-listed logistics company Grindrod, in a December 19 pre-closing trading update, said its focus going forward would be to drive growth in bulk handling, container handling, logistics capability... 


The Mozal smelter
Mozal Aluminium starts rebuilding alumina stocks
19th December 2024 By: Creamer Media Reporter

Natural resources group South32 expects to rebuild alumina stocks at its Mozal Aluminium smelter, in Mozambique, over the coming days if trucking conditions remain favourable. A national election... 


Power pylons on farmland
South Africa still in ‘foothills of economic recovery’ as fourth-quarter policy uncertainty rises to 65.7
19th December 2024 By: Schalk Burger

South Africa is "still in the foothills of economic recovery" and, while external influences must still be skillfully navigated, the country's future economic performance will hinge mainly on... 


A coal mining operation
Global coal consumption expected to hit record high in 2024, IEA says
18th December 2024 By: Reuters

Global coal consumption is expected to hit a record high this year and stay near that level until 2027 as strong demand in Asia outpaces declines in the US and Europe, the International Energy... 


Iron-ore stockpiles in Pilbara
BlueScope, BHP, Rio Tinto to build ESF pilot plant to decarbonise Australian steel industry
17th December 2024 By: Simone Liedtke

The Kwinana Industrial Area, in Western Australia, has been selected as the location for Australia’s largest ironmaking electric smelting furnace (ESF) pilot plant. The project combines the... 


Coins
Energy, fintech, impact investing shine in private capital investment sector
13th December 2024 By: Marleny Arnoldi

Southern African Venture Capital and Private Equity Association (Savca) says South Africa’s private capital market has demonstrated remarkable resilience despite global economic challenges. The... 


Manufacturers’ supply chain issues are hitting the world’s airlines
13th December 2024 By: Rebecca Campbell

The severe supply chain issues currently afflicting both airframe and aero engine original equipment manufacturers (OEMs) is having a noticeable effect on the world’s airlines, the International... 


Image of gold pour
Boorara gold project – Stage 1, Australia
13th December 2024 By: Sheila Barradas

Horizon Minerals has started hauling ore from the project. 


Distinctive funding solutions for all your specialised equipment needs
Distinctive funding solutions for all your specialised equipment needs
13th December 2024

Investec For Business Head of Asset Finance Diane Frey. At Investec Business Banking, we understand the economic challenges and competitive pressures that are prevalent in most business sectors.... 


Mineral sands from the Toliara project
Toliara mineral sands project – monazite project, Madagascar – update
13th December 2024 By: Sheila Barradas

Energy Fuels has signed a memorandum of understanding with the government of Madagascar to advance the project. 


Magazine cover image
Despite big hurdles, long journey to electric mobility begins across Africa
13th December 2024 By: Martin Zhuwakinyu

Switching to electric mobility is a no-brainer: tailpipe emissions cause poor health or even death and are a significant contributor to climate change. But given Africa’s limited access to... 


Magazine cover image
Despite big hurdles, long journey to electric mobility begins across Africa
13th December 2024 By: Martin Zhuwakinyu

Switching to electric mobility is a no-brainer: tailpipe emissions cause poor health or even death and are a significant contributor to climate change. But given Africa’s limited access to... 


ACSA CEO Mpumi Mpofu
OR Tambo's new fuel bypass line to be implemented by February; ACSA's recovery ongoing
12th December 2024 By: Schalk Burger

State-owned airports management agency the Airports Company South Africa (ACSA) CEO Mpumi Mpofu told media on December 12 that the fuel bypass line at the OR Tambo International Airport (ORTIA) is... 


Critical Mineral Resources signs copper trading deal
12th December 2024 By: Tasneem Bulbulia

Aim-listed Critical Mineral Resources’ (CMR’s) commodities trading business has entered into an agreement for the buying and selling of high-grade copper ore, grading between 5% and 10% copper,... 


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... 


A Boeing aircraft being refuelled with SAF
IATA disappointed at slow ramp-up of sustainable aviation fuel production
12th December 2024 By: Rebecca Campbell

The International Air Transport Association (IATA), which is the global representative body for the airline industry, has lamented the slower-than-hoped-for ramp-up of sustainable aviation fuels... 


Climate hazards will slash 7% off corporate earnings yearly by 2035, researchers warn
11th December 2024 By: Sabrina Jardim

Businesses must act now to address growing climate risks or face steep financial losses, the World Economic Forum (WEF) stresses in two new reports. Companies that delay could see up to 7% of... 


Manufacturing production increases 0.8% y/y in October – Stats SA
10th December 2024 By: Schalk Burger

Statistics agency Statistics South Africa (Stats SA) has revealed that manufacturing production increased by 0.8% year-on-year in October. The largest positive contributions came from petroleum,... 


An image of the Gautrain
BCC-led consortium bids for Gautrain Concession project
10th December 2024 By: Tasneem Bulbulia

The Jubane Consortium, led by the Bombela Concession Company (BCC), operator of the Gautrain since its inception, is bidding to “revolutionise” Gauteng’s transport system. Drawing on global... 


African countries again prominent on the list of those States blocking airline funds
10th December 2024 By: Rebecca Campbell

Almost 60% of airline funds, blocked from repatriation by governments around the world, were being held back by African countries, the International Air Transport Association (IATA) has reported.... 


A road in Eswatini
AfDB approves $140m loan for Eswatini regional road infrastructure projects
10th December 2024 By: Schalk Burger

Development finance institution (DFI) the African Development Bank Group (AfDB) has approved a loan of $140.6-million to Eswatini for the first stage of a programme to improve road links and... 


Mozal Aluminium
Civil unrest preventing delivery of raw materials to South32’s Mozal Aluminium
10th December 2024 By: Darren Parker

The transportation of raw materials to diversified miner South32’s Mozal Aluminium operation is being negatively impacted on by road blockages related to escalating civil unrest in Mozambique.... 


BLSA CEO Busi Mavuso
Fixing logistics, water sectors still long way off in South Africa - BLSA
9th December 2024 By: Schalk Burger

While South Africa is starting to see the fruits of energy sector reforms, it still has a long way to go to fix the water, and transport and logistics sectors despite recent progress, says business... 


Transnet's logo
AfDB disburses first tranche of $1bn loan to Transnet for recovery
9th December 2024 By: Schalk Burger

Development finance institution (DFI) the African Development Bank (AfDB) has released the first tranche of four of its $1-billion loan to State-owned Transnet as part of a financing arrangement to... 


ABB to deliver world's largest production capacity mine hoist to BHP’s Jansen potash project
ABB to deliver world's largest production capacity mine hoist to BHP’s Jansen potash project
9th December 2024 By: Sabrina Jardim

Global technology company ABB has been selected by global mining company BHP to deliver, install and commission three friction hoists and a further electrical system for a Blair service hoist at... 


Uber launches bakkie courier service in the South African market
Uber launches bakkie courier service in the South African market
9th December 2024 By: Irma Venter

Uber has launched a courier bakkie product offering to drivers and users of the Uber app in South Africa. This offering will see the ‘Uber Package’ service being rebranded as ‘Courier’, to align... 


Untrans truck travelling on national road
Unitrans positive about govt, private-sector intervention amid transport crises
9th December 2024 By: Tracy Hancock

Despite the deterioration of South Africa’s aging transport infrastructure and a challenging operating environment, end-to-end logistics and supply chain solutions provider Unitrans CEO Edwin... 


IAEA experts commend Ghana for its commitment to nuclear safety
6th December 2024 By: Rebecca Campbell

An expert mission from the International Atomic Energy Agency (IAEA) has commended Ghana for being committed to continuously improving nuclear and radiation safety, as the country moves forward... 


UK funding released to look at improving rural road construction in SA
UK funding released to look at improving rural road construction in SA
6th December 2024 By: Irma Venter

The Royal Society, in the UK, has provided funding to support a three-year collaborative roads project between the UK’s University of Nottingham (UoN) and South Africa’s Stellenbosch University... 


IATA reports continued strong growth in air passenger demand
6th December 2024 By: Rebecca Campbell

Global air passenger demand in October remained strong, the International Air Transport Association (IATA) has reported. (IATA is the representative body for the global airline industry.) Total... 


Main non-tariff barrier in Africa is infrastructure; potential lies in non-traditional markets
6th December 2024 By: Schalk Burger

A significant non-tariff barrier (NTB) that business in Africa faces is infrastructure deficiencies, which is hampering growth, specifically for the 16 landlocked countries in Africa that are... 


Transnet locomotives
Robust debate unveils complexities of resetting South Africa's logistics system
6th December 2024 By: Schalk Burger

Private- and public-sector representatives have, this week, emphasised that there are potential solutions to South Africa's logistics problems and bottlenecks, that funding is limited and that... 


Drill rig at the Toliara mineral sands project
Toliara mineral sands project – monazite project, Madagascar – update
6th December 2024 By: Sheila Barradas

The Madagascar government has lifted the suspension, imposed on the project in November 2019. 


EIB commits $80m to Pembani Remgro Infrastructure Fund II
5th December 2024 By: Sabrina Jardim

The European Investment Bank (EIB) has committed $80-million in equity to the Pembani Remgro Infrastructure Fund II (PRIF II) to finance infrastructure projects in sub-Saharan Africa. The PRIF II... 


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... 


Engen Keeps on Giving in Support of Gift of the Givers and FoodForward SA
5th December 2024

Engen has reaffirmed its commitment to uplifting vulnerable communities across South Africa through impactful partnerships with two key organisations: Gift of the Givers and FoodForward SA. In... 


Super Group to sell SG Fleet to Westmann Bidco for A$641.4m
4th December 2024 By: Darren Parker

Supply chain management and logistics company Super Group’s 53.58%-owned subsidiary SG Fleet has entered into a scheme implementation deed with Westmann Bidco, an entity owned and controlled by... 


Prime warehouse/factory space for rent in Dube Trade Port Special Economic Zone (SEZ)
Prime warehouse/factory space for rent in Dube Trade Port Special Economic Zone (SEZ)
4th December 2024

Situated within Dube Trade Port Special Economic Zone (SEZ) and adjacent to King Shaka International Airport, the newly available warehouse/factory and office facility at 14 Mzimkhulu Drive, La... 


IATA reports continued strong air cargo growth in October
4th December 2024 By: Rebecca Campbell

The annual growth in air cargo demand in October continued to be strong, the International Air Transport Association (IATA) has announced. (IATA is the representative body for the global airline... 


The Tshipi manganese mine
Mining value rebounds in third quarter, but insufficient to lift overall GDP
3rd December 2024 By: Tasneem Bulbulia

A recovery in mining GDP during the third quarter of the year, after quarterly declines in the previous two quarters, was still unable to lift overall real GDP in the July to September quarter,... 


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

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