Standard Bank sets R450bn green energy finance target by 2028

Financial services provider Standard Bank has updated its group sustainable finance targets and aims to mobilise more than R450-billion by 2028 for energy and infrastructure development on the... 

UNTU to ballot members after Transnet wage meeting ends without agreement

Labour union the United National Transport Union (UNTU) will ballot its members after a conciliation process to resolve a dispute between it and State-owned transport agency Transnet ended without... 

South Africa urged to define the role of gas in its economy, future energy mix

South Africa should focus its efforts on defining the role of gas in its economy over the next ten years and then implement projects on that basis as a stepping stone that will provide greater... 

New risks loom as trade landscape shifts

Global trade started this year on stable ground, but challenges are mounting and the latest Global Trade Update by United Nations Trade and Development (Unctad), which covers data through to early... 

AECI to dispose of ImproChem Public Water division, finalises Much Asphalt sale

JSE-listed chemicals group AECI will dispose of its wholly-owned water and process solutions subsidiary ImproChem Public Water business to a South African majority black-owned special purpose... 

YOA launches larger optical fibre cable factory at Dube TradePort

Fibre-optic cable manufacturer Yangtze Optics Africa (YOA) Cable officially opened its new 14 000 m2 optical fibre factory in the Dube TradePort, in La Mercy, KwaZulu-Natal, on March 11. The... 

dtic calls for public comment on proposed designation of Fetakgomo-Tubatse SEZ

Trade, Industry and Competition Minister Parks Tau has published the intention to designate the Fetakgomo-Tubatse as a special economic zone (SEZ) for public comment. The proposed SEZ will be... 

ICMM publishes new biodiversity protection, restoration guidance for mining, metals sector

Mining and metals advocacy group ICMM has published new guidance to help mining and metals companies achieve and maintain no net loss of biodiversity at their operations, as well as to strive for... 

Midtier sub-Saharan Africa markets could see slight growth uptick in 2025

Most midtier markets in sub-Saharan Africa are expected to see a slight uptick in their growth rates this year, economic and financial research company BMI sub-Saharan Africa country risk senior... 

New AECI broad-based ownership scheme shareholders to benefit from AECI Mining

JSE-listed AECI will introduce a broad-based ownership scheme (BBOS) wherein public benefit organisation AECI Foundation, formerly known as the Tiso AEL Development Trust, will subscribe for a new... 

Could grid development roll-out boost struggling metals sector?

The growth of renewable power in South Africa's energy mix, and infrastructure development programmes, such as the State-owned Eskom Transmission Development Plan (TDP) 2024 to 2034, will help to... 

Metso awarded contract to repair, upgrade bucket-wheel stacker reclaimer

Materials handling and mining equipment company Metso has been awarded an order to provide repairs and upgrades for a bucket-wheel stacker reclaimer at a customer’s stockyard operations in Africa.... 

New CEO takes over at Petco, eyes stronger EPR future

Telly Chauke has taken over the role of CEO of producer responsibility and recycling organisation Petco, with effect from January 1. Chauke, who is an experienced sustainability specialist, joined... 

Busa says Expropriation Act safeguards sufficient to prevent arbitrary land grabs

Business organisation Business Unity South Africa (Busa) CEO Khulekani Mathe says the Expropriation Act, in its present form, incorporates sufficient checks and balances to prevent the arbitrary... 

South Africa must leverage its critical minerals resources to drive growth – Mintek CEO

Mining research council Mintek CEO Dr Molefi Motuku has emphasised the need to leverage South Africa’s critical minerals resources, estimated to be worth more than $2.5-trillion, to drive economic... 

ADQ, Orion Resource Partners establish metals, mining JV

Abu Dhabi sovereign investment company ADQ and metals and materials investment firm Orion Resource Partners have entered into an agreement to establish a new Abu Dhabi-based joint venture (JV) that... 

African renewable-energy investment platform launched

Renewable energy company PowerGen Renewable Energy (PowerGen) has partnered with international investors to establish a scalable, distributed renewable energy platform targeting the deployment of... 

Businesses prioritising AI to drive productivity, BCG survey shows

AI remains a top priority for business leaders worldwide this year, with a strong focus on reaping tangible results from their AI initiatives, consulting company Boston Consulting Group's (BCG's)... 

Battery minerals demand expected to outpace supply – McKinsey

Demand for battery raw materials will outpace base-case supply for certain materials, requiring additional investment and leading to fear of shortages and price volatility, among other challenges,... 

Network Statement a major step in rail reform – B4SA

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... 

GNU must drive service delivery, meaningful change, says CESA CEO

While the post-election period brought its share of challenges, and with South Africa navigating the complexities of the Government of National Unity (GNU), it also sparked a renewed focus on... 

Main non-tariff barrier in Africa is infrastructure, potential lies in non-traditional markets

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... 

Schneider Electric sets goal of reducing suppliers’ emissions by 50% by 2025

Electricity and automation company Schneider Electric has set a goal of reducing the carbon intensity of its top 1 000 suppliers by 50% by 2025, Schneider Electric strategy and sustainability... 

B20 South Africa delegation to emphasise collaboration to tackle global challenges at WEF meeting

A delegation from B20 South Africa will attend the upcoming World Economic Forum (WEF) annual meeting, in Davos, Switzerland, led by B20 South Africa Sherpa Cas Coovadia, along with co-chairpersons... 

Salamis returns as Integra CEO, Ladd-Kruger enters as chair

US precious metals producer Integra Resources has announced that it has appointed George Salamis as president, CEO and director, taking over from outgoing Integra president and CEO Jason Kosec.... 

Mako recommends shareholders accept Aurum's final takeover offer

The independent board of directors of ASX-listed exploration company Mako Gold has unanimously recommended that shareholders accept fellow-listed Aurum Resources' off-market takeover offer without... 

Torex Gold achieves full-year production guidance for sixth year

Canadian miner Torex Gold Resources has met its full-year gold guidance, producing 452 523 oz in 2024. Fourth-quarter production was 103 795 oz and came against the backdrop of a temporary... 

Phase 2 DFS drilling starts at Barroso lithium project

Lithium mineral resource project developer Savannah Resources has recommenced drilling as it moves towards the finalisation of the definitive feasibility study (DFS) for the Barroso lithium... 

Atlas mineral sands project on track for Q1 commissioning - Image Resources

ASX-listed mineral sands-focused mining company Image Resources has announced that construction progress remains on track to start the commissioning and first heavy mineral concentrate (HMC)... 

Wesizwe needs Chinese approval to secure Bakubung funding

JSE-listed platinum mine developer Wesizwe announced on Wednesday that its funding application for the Bakubung project required approval from the China National Development and Reform Committee... 

Titan announces exploration plans, updated resource estimate, and extended mine life for Empire State

US zinc producer Titan Mining has announced district-scale exploration plans, an updated mineral resource estimate, and an extended mine life for its 100%-owned Empire State Mines (ESM) zinc... 

ARR granted licence to do test mining at Halleck Creek

ASX-listed American Rare Earths (ARR) has announced that its wholly owned US subsidiary Wyoming Rare (WRI) has been granted a licence to explore by dozing at the Halleck Creek rare earths project,... 

Battery minerals demand expected to outpace supply - McKinsey

Demand for battery raw materials will outpace base-case supply for certain materials, requiring additional investment and leading to fear of shortages and price volatility, among other challenges,... 

Anglesey welcomes council feedback on Parys Mountain scoping report

Mining company Anglesey has announced that the county council has approved the Parys Mountain mine environmental impact assessment (EIA) scoping report. The North Wales Minerals and Waste Planning... 

GreenX Metals selected for energy-transition 2025 BHP Xplor programme

Mineral exploration and development company GreenX Metals has been selected as one of eight exploration companies to participate in BHP's 2025 Xplor programme, which supports promising minerals... 

Network Statement a major step in rail reform – B4SA

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... 

Grindrod outlines focus for 2025, reflects on 2024 performance

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... 

Afreximbank signs private sector DRC hydropower project agreement

Trade and development finance institution the African Export-Import Bank (Afreximbank) has signed a project preparation facility financing agreement for an up to 200 MW private-sector,... 

Outlook for South Africa’s trade, investment in 2025 mixed – PwC

South Africa’s largest sources of foreign investment, including the US, the UK and Germany, are entering 2025 with mixed fortunes. With great uncertainty about the US economy in 2025, the economic... 

AfDB disburses first tranche of $1bn loan to Transnet for recovery

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...