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Transnet freight train
Transnet volumes, revenue up, but falls short of recovery targets
26th April 2024 By: Darren Parker

State-owned Transnet has reported a 1.5% year-on-year improvement in the total rail volumes reaching 51.7-million tonnes at the end of March 2024, showcasing improvement in operational performance.... 


Eskom chairperson Dr Mteto Nyati
Eskom says generation recovery plan gathering momentum
26th April 2024 By: Marleny Arnoldi

During a State of the System address hosted on Friday, Eskom confirmed its generation recovery plan (GRP) is making tangible progress, with various coal-fired power station units having been... 


World Platinum CEO Trevor Raymond at Shanghai Platinum Week 2023.
Shanghai Platinum Week: Hydrogen’s going to feature big, says World Platinum Council
26th April 2024 By: Martin Creamer

The growth in demand for platinum applications in China is extremely high, making detailed access to the China market hugely advantageous. Providing this detailed access from July 8 to 11 will be... 


View of the Cape Flats Managed Aquifer Recharge Programme
Cape Town budgets R5.3bn for water and sanitation capital projects
26th April 2024 By: Irma Venter

The City of Cape Town (CoCT) says its total proposed budget for water and sanitation for the upcoming 2024/25 financial year is R18.5-billion. Of this, R5.3-billion will be spent on capital... 


BHP seeks to break mining’s M&A curse with thorny Anglo deal
BHP seeks to break mining’s M&A curse with thorny Anglo deal
26th April 2024 By: Bloomberg

The last time BHP Group took a swing at another major miner, it was Rio Tinto back in 2007. That could have been a blockbuster $150-billion takeover, but with metals prices crashing as the... 


An image of Implats CEO Nico Muller
Implats' proposed restructuring puts 3 900 jobs at risk
26th April 2024 By: Tasneem Bulbulia

JSE-listed Impala Platinum Holdings (Implats) has initiated a Section 189(3) consultation process at its South African operations, signalling thousands of potential job losses. Implats envisages a... 


Boosting Continental Trade via Rail: Investments in African Railways for the Sustainable Development of the Continent.'
26th April 2024

Did you know that the Southern African Railways Association (SARA) was formalised in 1996, following the SADC Protocol on Transport, Communications and Meteorology (PTCM), specifically Article... 


ASM CEO and MD Rowena Smith
ASM secures another financing letter of intent from Canadian agency
26th April 2024 By: Marleny Arnoldi

Credit agency Export Development Canada (EDC) has indicated in a conditional letter of interest that it will provide a direct lending debt funding package of up to A$400-million to ASX-listed... 


Sayurie Naidoo appointed Amplats CFO, executive director
26th April 2024 By: Tasneem Bulbulia

JSE-listed Anglo American Platinum (Amplats) has appointed Sayurie Naidoo as CFO and executive director, with effect from May 1. Naidoo, who has been serving as the acting CFO since Craig Miller... 


Image of a globe on bank notes
Simplified international money transfer system
26th April 2024

An instant transfer product that moves money between South Africa and the UK in both directions, and from South Africa to any European Union country has recently been launched. Developed by... 


On lithium’s frontier, miners are betting on a greener second act
On lithium’s frontier, miners are betting on a greener second act
26th April 2024 By: Bloomberg

Against the arid, red dirt of the Australian Outback, the Mount Holland lithium mine emerges to approaching visitors as a colossal grey-tinged crater, with trucks the size of houses edging along... 


Wind turbines being erected at one of Koruson 1 sites
EDF Renewables, partners building 1.2 GW of low-carbon power capacity
26th April 2024 By: Darren Parker

EDF Renewables is currently leading the construction of almost 1.2 GW of low-carbon power generation capacity in South Africa, comprised of 763 MW of wind power, 355 MW of solar photovoltaic (PV)... 


SQM partner Tianqi Lithium requests shareholders vote on Codelco tie-up
26th April 2024 By: Reuters

China's Tianqi Lithium said on Thursday it has formally requested that a proposed joint venture between lithium company SQM, in which it is a major shareholder, and state-run copper miner Codelco... 


Standard Bank mobilises debt fund to support sustainable infrastructure in Africa
26th April 2024 By: Sabrina Jardim

Financial services firm Standard Bank has committed to Acre Impact Capital’s Export Finance Fund I to support the financing of sustainable projects in Africa. Acre Impact Capital manages Export... 


FAILING INFRASTRUCTURE  
AfriForum’s latest blue and green drop report notes that 81% of sewage wastewater treatment works fail to meet minimum standards, endangers water sources nationwide
NGO unpacks poor quality of S Africa’s wastewater systems
26th April 2024 By: Simone Liedtke

Nongovernmental organisation (NGO) AfriForum’s latest blue and green drop report notes that 81% of sewage wastewater treatment works (SWWTWs) fail to meet minimum standards, which the NGO says... 


SIGNIFICANT INCREASE
The 2023 Blue Drop report highlighted that the proportion of water supply systems failing to meet minimum microbiological water-quality standards increased significantly
Task team established to enhance service delivery
26th April 2024 By: Simone Liedtke

In response to the concerning findings of the Blue, Green and No Drop reports, which highlight a nationwide decline in the quality of water services, government has established a task team... 


Memsa CEO Lehlohonolo Molloyi standing at a podium addressing delegates and speakers at last year’s Mind Shift Conference
Conference drives mining innovation, skills
26th April 2024 By: Halima Frost

The second yearly Mind Shift Conference, hosted by industry association Mining Equipment Manufacturers of South Africa (Memsa), will delve into innovation, digital technology and skills in the... 


Telcos spend billions on batteries, generators to ensure customers remain connected during loadshedding
26th April 2024 By: Natasha Odendaal

South African telecommunications operators spent billions of rands to keep communications infrastructure operational during bouts of loadshedding in the 12 months to September 30, 2023. The... 


Magazine cover image
Can South Africa turn around 30 years of real economy underperformance?
26th April 2024 By: Terence Creamer

In this essay, Terence Creamer reflects on the factors that have shaped South Africa’s real-economy sectors of manufacturing, mining and agriculture over the past 30 years and considers ways to end... 


Fiona Grant - Consultant at Africa Risk Consulting
What’s holding back Tanzania’s recovery?
26th April 2024 By: Creamer Media Reporter

What’s holding back Tanzania’s economic recovery? The World Bank states that Tanzania has benefited from “strong macro fundamentals” and emerged from the Covid-19 pandemic and resulting global... 


Magazine cover image
Can South Africa turn around 30 years of real economy underperformance?
26th April 2024 By: Terence Creamer

In this essay, Terence Creamer reflects on the factors that have shaped South Africa’s real-economy sectors of manufacturing, mining and agriculture over the past 30 years and considers ways to end... 


Image of gold nuggets
Xavantina Operations, Brazil
26th April 2024 By: Sheila Barradas

A gold mine in south-eastern Mato Grosso State, Brazil. 


Image of Jansen potash project
Jansen potash project, Canada – update
26th April 2024 By: Sheila Barradas

The project is almost 50% complete. 


Image of mounds of rare earths
Kalgoorlie rare earths processing facility, Australia – update
26th April 2024 By: Sheila Barradas

Final commissioning and initial production activities are progressing. 


Location map of the Madaouela project
Madaouela uranium project, Niger – update
26th April 2024 By: Sheila Barradas

GoviEx is in discussions with the government of Niger regarding the start of mining operations. 


Prieska mine headgear
Prieska copper/zinc project, South Africa – update
26th April 2024 By: Sheila Barradas

The project is fully permitted. 


Aerial view of the Sanbrado gold project
Sanbrado underground gold project, Burkina Faso – update
26th April 2024 By: Sheila Barradas

West African Resources has reported high-grade gold mineralisation from recent infill underground diamond drilling at the project.  


BHP has spent the last ten years simplifying their asset base only to buy one of the most complex portfolios in the industry.
BHP’s mega bid for Anglo sets stage for industry shakeup
25th April 2024 By: Mariaan Webb

Australia-headquartered BHP has made a bold move with its bid to acquire rival Anglo American in an all-share deal valued at $38.8-billion. With this manoeuvre, BHP aims to create the largest... 


Hummingbird’s first-quarter performance impacted by contractual dispute at Kouroussa
25th April 2024 By: Marleny Arnoldi

Despite what its CEO Dan Betts deemed a challenging quarter, Aim-listed Hummingbird Resources delivered an 18% quarter-on-quarter increase in gold production at just under 17 000 oz from the... 


Paratus Botswana completes Botswana Kalahari fibre route
25th April 2024 By: Natasha Odendaal

Telecommunications and network services provider Paratus Botswana has completed the last leg of the new 840 km Botswana Kalahari Fibre (BKF) route between the Namibian border and Lobatse. The new... 


The combined entity will have a leading portfolio of tier-one assets, focused on iron-ore, metallurgical coal and future facing commodities, including potash and copper.
BHP makes £31bn offer for Anglo American
25th April 2024 By: Mariaan Webb

Diversified mining major BHP on Thursday announced a proposed all-share offer that values Anglo American at £31.1-billion. The deal has the potential to transform the mining industry landscape.... 


The franchising sector is for all - a 2024 must attend event
The franchising sector is for all - a 2024 must attend event
25th April 2024

This July 20th to 21st, 2024, the Gallagher Convention Centre will host a pivotal gathering in the world of franchising – The International Franchise Expo (IFE). IFE 2024 offers a unique and... 


Zero emission heavy lifting on site: building a sustainable future
25th April 2024

How Mammoet is innovating with zero-emission lifting and transport on site to help its customers reduce the carbon footprint of projects “If you ask me what my main vision is, I want us to... 


A Zimbabwe flag
Changing business opportunities, challenges in Zimbabwe highlighted
24th April 2024 By: Schalk Burger

Zimbabwe is undergoing change and aims to attract more companies to do business in the country, but risks and challenges remain for businesses aiming to capitalise on the opportunities in the... 


PepsiCo Bašumi Trust wins awards at employee share ownership conference
24th April 2024 By: Lisete Bigala

Beverage multinational PepsiCo South Africa's employee share ownership programme Bašumi Trust has received the best governance policies and the most innovative funding model awards at the... 


Financing African hydrocarbon projects needs a segmented approach
24th April 2024 By: Rebecca Campbell

In an era in which raising finance for major hydrocarbons projects was increasingly challenging, the developers of such projects in Africa should consider segmenting them and separately seeking... 


AVCA’s 20th Annual Conference calls for investment for a new era
24th April 2024

Reflections and projections to mobilise more private finance AVCA - The African Private Capital Association kicked off its 20th Annual Conference & VC Summit in Johannesburg yesterday.... 


Perseus expects strong operating performance to continue
24th April 2024 By: Sabrina Jardim

ASX- and TSX-listed Perseus Mining has reported gold sales of 115 648 oz in the March quarter – a 19 489 oz decrease on sales in the December 2023 quarter, owing to the timing of gold sales. The... 


G Mining draws remaining $33m for TZ project
24th April 2024 By: Creamer Media Reporter

Toronto-listed G Mining Ventures (GMIN) has successfully drawn the remaining $33-million on its $75-million senior secured term loan with an affiliate of Franco-Nevada, in accordance with an... 


Champion Iron eyes expansion beyond 15Mt/y at Bloom Lake
Champion Iron eyes expansion beyond 15Mt/y at Bloom Lake
24th April 2024 By: Mariaan Webb

Canadian miner Champion Iron is considering a significant expansion of its production capacity at the Bloom Lake mine, in Quebec. CEO David Cataford says Champion’s technical team is assessing the... 


A solar panel being installed
Opinion: A call for clear, uniform solar policy in South Africa
24th April 2024

In this article, residential solar solutions provider GoSolr CEO and co-founder Andrew Middleton, writes that solar power has the potential to significantly reduce loadshedding, but patchwork... 


TymeBank number one in South Africa in Forbes’ World Best Banks ranking for 2024
24th April 2024 By: Dimpho Madiba

TymeBank has been recognised as South Africa’s top bank in the Forbes list of the world's best banks for 2024. According to Forbes, the annual rankings identify banks ‘’that have managed to... 


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