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President Cyril Ramaphosa may sign ERA Bill ahead of the elections
President Cyril Ramaphosa may sign ERA Bill ahead of the elections
Eyes turn to Union Buildings after NCOP approves Electricity Regulation Amendment Bill
16th May 2024 By: Terence Creamer

The National Council of Provinces (NCOP) has approved the Electricity Regulation Amendment (ERA) Bill, which has far-reaching implications for the future structure and operation of an electricity supply industry that has hitherto been dominated by... 


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Higher Education & Training DDG Zukile Mvalo
PGM-boosted green hydrogen backed by resolute South African govt's commitment
16th May 2024 By: Martin Creamer

The production of green hydrogen, which is most effectively generated when catalysed by platinum group metals (PGMs), has profound economic and social implications, including job creation, skills... 


Rescue and recovery efforts continue at the site of a building collapse in George
Rescue workers searching two remaining sections at George building collapse
16th May 2024 By: Creamer Media Reporter

The George municipality says about 2 500 t of building rubble has been removed from the site of the collapsed building in the town, which has so far claimed the lives of 33 people. About 500 t of... 


Transport Minister Sindisiwe Chikunga
UN Global Campaign for Road Safety launched in South Africa
15th May 2024 By: Sabrina Jardim

In support of national and local authorities’ road safety initiatives, the UN Secretary-General's Special Envoy for Road Safety Jean Todt, in partnership with outdoor advertising company JCDecaux,... 


President Cyril Ramaphosa signing the controversial NHI Bill into law at a Union Buildings ceremony
Ramaphosa acknowledges fear over NHI but describes signing as ‘pivotal moment’
15th May 2024 By: Terence Creamer

President Cyril Ramaphosa acknowledged the fear that his signing of the National Health Insurance (NHI) Bill into law had generated in and address during a signing ceremony held at the Union... 


Seifsa president Elias Monage
Seifsa, unions commit to addressing access to housing for sector employees
15th May 2024 By: Schalk Burger

The Metal and Engineering Industries Bargaining Council (MEIBC) negotiations have concluded with a 7% wage increase over the next year for entry-level workers in the metals and engineering industry... 


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Persistent corruption concerns reflect letdowns during sixth administration – Corruption Watch
15th May 2024 By: Marleny Arnoldi

Nonprofit monitoring organisation Corruption Watch (CW) has confirmed in its latest report that there are significant concerns about the impact of corruption in the country, particularly a marked... 


Tribunal orders Emfuleni municipality to provide documents to Cape Gate in excessive pricing matter
15th May 2024 By: Creamer Media Reporter

The Competition Tribunal has ordered the Emfuleni local municipality to provide various documents to steel producer and electricity consumer Cape Gate, which alleges that the municipality... 


An image of Nedbank Corporate Social Responsibility executive head Poovi Pillay
Nedbank launches R10m Indalo Fund
15th May 2024 By: Tasneem Bulbulia

Finance institution Nedbank on May 15 announced the launch of the R10-million Indalo Fund at the Indalo Inclusive Symposium at the Council for Scientific and Industrial Research in Pretoria. The... 


CHIETA CEO Yershen Pillay
State mining training authority backing green hydrogen skills centre creation
15th May 2024 By: Martin Creamer

“We’re very excited to announce that we’ll be establishing the first centre of specialisation of green hydrogen skills,” South Africa’s Chemical Industries Education and Training Authority (CHIETA)... 


Stellantis assembly-plant site being readied for construction – dtic
Stellantis assembly-plant site being readied for construction – dtic
15th May 2024 By: Irma Venter

The Coega Development Corporation (CDC) has started to prepare the site at the Coega Special Economic Zone for the construction of the new Stellantis vehicle-assembly plant, says the Department of... 


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Coffee beans in a cup
Absa partnering with development finance agency to help East African coffee farmers
15th May 2024 By: Rebecca Campbell

South African banking group Absa and the International Finance Corporation (IFC – part of the World Bank group) will jointly provide a commodity trade finance facility, worth up to $60-million, to... 


An automotive component factory in the TASEZ
Tshwane Automotive SEZ celebrates training of first cohort of youth
15th May 2024 By: Schalk Burger

The Tshwane Automotive Special Economic Zone (TASEZ) on May 14 celebrated the first cohort of 526 local youths trained in safety, health, environment and quality to participate in different parts... 


instant dry yeast
Itac makes strides in investigation of active yeast dumping from Zim
15th May 2024 By: Marleny Arnoldi

The International Trade Administration Commission (Itac) has asked the South African Reserve Bank to impose provisional duties on imports of active yeast originating in or imported from Zimbabwe... 


fish processing line
Tribunal conditionally approves Sea Harvest’s acquisition of Terrasan businesses
15th May 2024 By: Marleny Arnoldi

The Competition Tribunal has conditionally approved the proposed merger whereby subsidiaries of JSE-listed seafood and aquaculture company Sea Harvest intend to acquire certain subsidiaries of... 


Cans of Score energy drinks
Alterra-led consortium to acquire majority stake in Chill Beverages
15th May 2024 By: Darren Parker

A consortium led by private equity firm Alterra Capital Partners and including broad-based investment holding company the Mineworkers Investment Company (MIC) and independent private equity house... 


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Magazine

Magazine round up | 10 May 2024
Magazine round up | 10 May 2024

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

COPPER LEVERAGE: A revamped minerals-for-infrastructure deal between the Democratic Republic of Congo (DRC) and China’s Sicomines is contingent on the price of copper. Under the new contract, DRC will get $324-million yearly for infrastructure projects from its Chinese partners through to 2040 as long as the copper price remains above $8000/t. If copper rises above $12000/t, 30% of the additional profit will go to financing more infrastructure. If it falls below $8 000, funding will diminish and stop altogether at $5,200/t. Photograph: Bloomberg
COPPER LEVERAGE

A revamped minerals-for-infrastructure deal between the Democratic Republic of Congo (DRC) and China’s Sicomines is contingent on the price of copper. Under the new contract, DRC will get... 

Harmony's Mponeng gold mine.
Miner ups full-year output and grades, lowers cost and capital guidance

Execution and preparatory work on key gold projects are on track in South Africa, and early works on the copper project in Australia are to commence, Harmony Gold reported on Tuesday. In South... 

Photo of Terence Creamer
Green stimulus

South Africa’s manufacturing sector is in dire need of stimulus. In its recently released ‘Industrial Policy & Strategy Review’, the Department of Trade, Industry and Competition (dtic) confirmed... 

Business Leader

 	Mark Wilson, CEO for Europe, Middle East and Africa as well as Asia Pacific at SYSPRO
Mark Wilson

This week we profile Mark Wilson, CEO for Europe, Middle East and Africa as well as Asia Pacific at SYSPRO, a provider of enterprise resource planning software 

THE OTHER POLL
THE OTHER POLL

There has been much discussion about South Africa’s attractiveness to investors following BHP’s bid for Anglo American’s non-South African assets and confirmation that Shell will be disinvesting... 

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Weir Minerals Africa and Middle East
Weir Minerals Africa and Middle East

Weir Minerals Europe, Middle East and Africa is a global supplier of excellent minerals solutions, including pumps, valves, hydrocyclones,...

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The Southern African Institute of Mining and Metallurgy
The Southern African Institute of Mining and Metallurgy

The SAIMM started as a learned society in 1894 after the invention of the cyanide process that saved the South African gold mining industry of the...

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Weir Minerals Africa and Middle East
Weir Minerals Africa and Middle East

Weir Minerals Europe, Middle East and Africa is a global supplier of excellent minerals solutions, including pumps, valves, hydrocyclones,...

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Schauenburg SmartMine IoT
Schauenburg SmartMine IoT

SmartMine IoT has been developed with the mining industry in mind, to provides our customers with powerful business intelligence and data modelling...

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