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Power line and substation
NamPower grid-strengthening and battery storage project secures $138.5m World Bank backing
Updated 2 hours 52 minutes ago By: Terence Creamer

The World Bank has approved a $138.5-million finance package to support the integration of renewable energy into Namibia’s electricity system by strengthening its transmission grid and integrating a second utility scale battery storage system into... 


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Copper 360 CEO Jan Nelson.
Copper 360’s underground copper mine set to open three months ahead of schedule
6th May 2024 By: Martin Creamer

Last month copper mining company Copper 360 surprised on the upside by producing its first copper concentrate from surface material well ahead of schedule. Now, this month, it is doing the same on... 


Denel displays guided weapons, landward defence systems at Defence Service Asia
6th May 2024 By: Schalk Burger

State-owned defence technology company Denel is displaying its guided weapons and landward defence systems at the Defence Service Asia (DSA) exhibition this week. Its Umkhonto surface-to-air... 


Business Leadership South Africa CEO Busisiwe Mavuso
Coordinated, rapid plan needed to avoid ‘gas cliff’ – Mavuso
6th May 2024 By: Sabrina Jardim

In her latest weekly newsletter, Business Leadership South Africa CEO Busisiwe Mavuso warns that South Africa could face a “gas cliff” when the supply of gas to industrial users ceases in 2026. In... 


Shell to exit South Africa's downstream businesses
6th May 2024 By: Reuters

Oil major Shell will divest its majority shareholding from a local South African downstream unit after a comprehensive review of its businesses across all regions, it said on Monday. "As a result... 


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Eskom takes City Power to court over R1bn debt
6th May 2024 By: Sashnee Moodley

State power utility Eskom has said it has "no choice" but to approach the Johannesburg High Court to force City Power to pay just over R1-billion in unpaid debt. Eskom noted that City Power began... 


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Telkom set to support 2024 elections
6th May 2024 By: Natasha Odendaal

Telecommunications group Telkom is preparing to support South Africa’s upcoming national elections as the information and communications technology partner to the Independent Electoral Commission... 


Poulos Ngcobo - Dube TradePort deputy board chairperson;  Pearl Bhengu - iThala Development Finance Corporation; Siboniso Duma - KZN MEC for Economic Development, Tourism and Environmental Affairs; Mpumelelo Zikalala - Dube TradePort board chairperson; Hamish Erskine - Dube TradePort CEO; and Khanyisani Shandu - Trade and Investment KZN board chairperson
DTPC launches Dube TradeZone 2, attracts R1.8bn in private investment
6th May 2024 By: Sabrina Jardim

KwaZulu-Natal provincial entity Dube TradePort Corporation (DTPC) has launched its Dube TradeZone 2 – the second phase of the industrial precinct and special economic zone (SEZ) adjacent to the... 


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Ramaphosa pegs sustainable economic recovery on attraction of higher levels of investment
6th May 2024 By: Thabi Shomolekae

President Cyril Ramaphosa on Monday assured that government is working to get rid of red tape that impedes and slows down investment. Ramaphosa wrote in his weekly letter to the nation that it was... 


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Redefine choosing to remain optimistic despite challenging market conditions
6th May 2024 By: Tasneem Bulbulia

JSE-listed Redefine Properties reported solid results for the six months to February 29, despite prevailing challenging economic conditions in South Africa, including the impact of high interest... 


Renergen successfully producing liquid helium at Virginia project
6th May 2024 By: Simone Liedtke

ASX- and JSE-listed gas producer Renergen is now able to liquify helium in batches from its wells at the Virginia gas project, in South Africa’s Free State province. Since April 2, the... 


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South African bank notes
Rand gains on stronger PMI data
6th May 2024 By: Reuters

The South African rand was stronger in early trade on Monday, after private sector activity rose marginally in April. At 0724 GMT, the rand traded at 18.4650 against the dollar, about 0.3% stronger... 


South Africa becoming a viable international arbitration destination – law firm
3rd May 2024 By: Marleny Arnoldi

Law firm Pinsent Masons finds there is increasing interest in South Africa as a viable option for international arbitration. In the dynamic landscape of global commerce, the role of arbitration... 


SAWEA CEO Niveshen Govender
Wind energy critical to bolster energy capacity – SAWEA
3rd May 2024 By: Sabrina Jardim

Despite recent efforts to bolster electricity generation capacity, the path to energy security remains full of obstacles. The integration of renewable energy, particularly wind power, is critical... 


Pioneer solution converts paper sludge, food and textile waste into bioethanol
3rd May 2024 By: Tasneem Bulbulia

A pioneering solution has been developed to convert cellulose fibre-rich waste from pulp and paper mill operations into ethanol using a specialised fermentation process. The solution was announced... 


Mondi employees in Richards Bay among trees
Mondi reports improved demand, but lower prices for the first quarter
3rd May 2024 By: Marleny Arnoldi

JSE-listed paper and packaging manufacturer Mondi has noted improved market conditions in the first quarter of the year, with stronger order books and higher sales volumes across its range of paper... 


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Magazine

Magazine round up | 03 May 2024
Magazine round up | 03 May 2024

A video round up of this week’s magazine, highlighting our cover story, features and Business Leader.  

LOGISTICS CRUNCH: Kumba Iron Ore reported a 10% fall in first quarter sales due to port equipment challenges. The Anglo American company reduced production by 2% to 9.3-million tons in line with its strategy to match output to available logistics capacity. Ore taken to port by Transnet Freight Rail was flat at 9.4-million tons, but sales declined to 8.5-million tons because of problems at the Port of Saldanha. Photograph: Reuters
LOGISTICS CRUNCH

Kumba Iron Ore reported a 10% fall in first quarter sales due to port equipment challenges. The Anglo American company reduced production by 2% to 9.3-million tons in line with its strategy to... 

Photo of Martin Creamer
South Africa must encourage budding Northern Cape base metals richness to unfold fully

Exploration drilling in South Africa’s Northern Cape is highlighting the richness of dormant base metals precincts there. An intercept reported last week sent the shares of the company involved... 

Photo of Terence Creamer
In the weeds

South Africa has gone some way in starting to reform its electricity industry, which has been failing the country visibly for nearly two decades. As these changes are published, consulted and... 

Business Leader

 John Harris, executive director: business solutions and finance at Infinitus Reporting Solutions
John Harris

This week we profile John Harris, executive director: business solutions and finance at Infinitus Reporting Solutions, a provider of software and services in the corporate performance management space 

COALITION MATHS: With the polls suggesting that the African National Congress is unlikely to secure an outright majority in this year’s election, much attention is being given to coalition politics. While this is arguably an inevitable outcome of our proportional-representation system, many voters are rightfully concerned, given the poor performance of many municipal coalitions.
COALITION MATHS

With the polls suggesting that the African National Congress is unlikely to secure an outright majority in this year’s election, much attention is being given to coalition politics. While this is... 

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Immersive Technologies

Immersive Technologies is the world's largest, proven and tested supplier of simulator training solutions to the global resources industry.

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WearCheck
WearCheck

Leading condition monitoring specialists, WearCheck, help boost machinery lifespan and reduce catastrophic component failure through the scientific...

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Booyco Electronics
Booyco Electronics

Booyco Electronics, South African pioneer of Proximity Detection Systems, offers safety solutions for underground and surface mining, quarrying,...

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Rentech
Rentech

Rentech provides renewable energy products and services to the local and selected African markets. Supplying inverters, lithium and lead-acid...

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