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Darren Parker is a Creamer Media Senior Contributing Editor Online for Engineering News and Mining Weekly.
PwC predicts tax revenue shortfall in upcoming budget
When Finance Minister Enoch Godongwana delivers his Budget Speech on February 19, it is expected that reported tax revenues will be about R10-billion short of initial forecasts, auditing firm PwC...
Macpherson voices his approval of PPP regulatory easements
Public Works and Infrastructure Minister Dean Macpherson has stated his approval of Finance Minister Enoch Godongwana’s amendments to Section 16 of the Public Finance Management Act, which will...
December manufacturing production down 1.2% y/y, Stats SA reports
South Africa’s manufacturing production decreased by 1.2% year-on-year in December, according to a report by Statistics South Africa (Stats SA) released on February 11. The largest negative...
Rome assures shareholders its DRC operations continue uninterrupted
In light of the ongoing security developments in the eastern Democratic Republic of Congo (DRC), Aim-listed Rome Resources has confirmed that drilling operations at its Bisie North site continue...
Necsa ‘deeply saddened’ by board member death
The South African Nuclear Energy Corporation (Necsa) says it is “deeply saddened” by the passing of board member Senamile Masango on February 8. Masango was a Necsa board member since January 2020....
Agreement signed to develop R1.8bn rare earth, critical battery elements refining facility in Africa
South African multidisciplinary asset manager Novare and ReElement Technologies Corporation, a subsidiary of Nasdaq-listed American Resources Corporation, has announced a R1.8-billion rare earth...
Mashatile, Chikunga mourn death of South Africa’s first black nuclear scientist
Deputy President and Human Resource Development Council (HRDC) chairperson Paul Mashatile and Minister in the Presidency responsible for Women, Youth, and Persons with Disabilities Sindisiwe...
Macpherson welcomes completion of ‘the Dome’ to facilitate National Assembly sittings
Public Works and Infrastructure Minister Dean Macpherson has welcomed the completion of the Dome for National Assembly sittings ahead of the replies to the State of the Nation Address (SoNA) in...
Two years later, South African engineers remain unlawfully imprisoned in Equatorial Guinea
South African engineers Frik Potgieter and Peter Huxham remain imprisoned in Equatorial Guinea, 730 days after their sudden and unlawful arrest, despite international rulings declaring their...
SoNA was a ‘display of unity’, Mavuso says
Business Leadership South Africa (BLSA) CEO Busisiwe Mavuso believes Cyril Ramaphosa’s State of the Nation Address (SoNA) on February 6 was “a display of unity by the Government of National Unity...
Business cautiously optimistic on SoNA commitments, but execution will be critical
President Cyril Ramaphosa’s State of the Nation Address (SoNA), delivered on February 6, has been met with cautious optimism. The Bureau of Economic Research (BER) commended the SoNA’s focus on the...
Copper 360 takes steps to secure wind energy for its Northern Cape projects
JSE-listed copper producer Copper 360 has concluded an agreement with Mulilo Renewable Project Developments to acquire 100% of Mulilo Springbok Wind Power (MSWP). MSWP is the owner of a project to...
Summit expected to be watershed moment for development finance in Africa
South Africa is set to host the Finance in Common Summit (FiCS) in February, marking a transformative milestone in the continent’s development finance narrative. This historic occasion coincides...
Kumba to report nearly 50% drop in headline earnings for 2024
JSE-listed iron-ore producer Kumba Iron Ore has advised that its headline earnings per share (HEPS) for the year ended December 31, 2024, are expected to be between R36.60 and R40.50, a decrease of...
Amplats warns of up to 46% decline in headline earnings for 2024
JSE-listed platinum group metals (PGM) producer Anglo American Platinum (Amplats) has warned that its headline earnings and headline earnings per share (HEPS) for the 12 months ended December 31...
SABS still cannot access its systems several months after cyberattack
Following a ransomware attack on the South African Bureau of Standards’ (SABS’s) IT systems in November last year, it has been revealed that the State-run entity’s systems are still encrypted and...
SBI wants Ramaphosa to put small businesses first
The Small Business Institute (SBI) has called on President Cyril Ramaphosa to place small businesses at the centre of his growth agenda for the country at his upcoming State of the Nation Address...
Safair given 12 months to rework its ownership structure
The Department of Transport has confirmed that the Domestic Air Services Council has directed privately owned low-cost airline Safair to comply with the requirements of the Air Services Licensing...
Sasol warns of drop in interim earnings on impairments, lower prices
Energy and chemicals company Sasol has warned that its headline earnings per share (HEPS) are likely to decrease by between 26% and 36% year-on-year, to between R13 and R15, for the six months...
Sappi delivers improved quarterly performance across all segments
Although global macroeconomic conditions were unfavourable during the first quarter of paper manufacturer Sappi’s 2025 financial year, the company reported improved year-on-year profitability...
CDE calls on Ramaphosa to show how GNU is enacting much-needed reforms
The Centre for Development and Enterprise (CDE) has urged President Cyril Ramaphosa to use the upcoming State of the Nation Address (SoNA) on February 6 to show how the Government of National Unity...
New report highlights lack of transparency in coloured gemstone industry
A new report from coloured gemstones miner Gemfields on the emerald, ruby and sapphire markets “… serves as a reminder of how far the coloured gemstone industry still has to go to reach the levels...
Wind turbines on their way to Ummbila Emoyeni facility
Nine turbines, including 27 blades and other components, are being transported on the N2, from Richards Bay to Seriti Green’s Ummbila Emoyeni wind energy facility in Bethal, Mpumalanga. The...
Wanblad calls on African govts to be more fair-minded in mining risk/reward balance
In a mining era that requires collaboration and partnerships between the public and private sectors, Anglo American CEO Duncan Wanblad has called on African governments to adopt a more fair-minded...
Canyon Resources gets Cameroon govt’s approval for inland rail facility location
ASX-listed bauxite developer Canyon Resources has announced that the location of its inland rail facility (IRF) has been approved by the Cameroon government. In addition, Canyon Resources’...
Demand for copper, nickel, rare earths, lithium to quadruple by 2040, report says
Key minerals such as copper, nickel, rare earths and lithium are on the brink of an unprecedented demand surge, projected to nearly triple by 2030 and quadruple by 2040, according to accounting...
Harmony on track to meet full-year guidance after robust first-half performance
JSE-listed Harmony Gold remains on track to meet the upper end of its full-year production guidance of between 1.4-million and 1.5-million ounces, while all-in sustaining costs (AISC) remain...
Marula confirms high-grade copper content in stockpiled concentrate at Tanzania project
Assay results of copper ore samples taken from AQSE- and A2X-listed Marula Mining’s Kinusi copper mine, in Tanzania, have confirmed the high-grade copper content of the copper concentrates...
African Dawn Investments forms partnership to roll out EV chargers, BESSs across South Africa
Finance company African Dawn Investments has entered into a strategic collaboration with Singapore company WaterCloud International and Chinese original-equipment manufacturer Beny New Energy to...
Heraeus partners with Mattiq to develop low-iridium catalysts
Clean chemistry company Mattiq has entered into a strategic partnership with precious metals company Heraeus Precious Metals to develop and commercialise advanced electrocatalyst materials for...
IMF projects South Africa’s GDP growth will reach 1.5% this year
The International Monetary Fund (IMF) expects South Africa’s yearly economic growth rate to reach 1.8% by 2030, supported in large part by ongoing electricity and logistics reforms. In the outcome...
Innovative engineering sees Gerhard Moolman row solo across the Atlantic in record time
Engineer Gerhard ‘Moolies’ Moolman arrived back safely in South Africa on January 10 after successfully completing a 4 050 km trip across the Atlantic ocean on a uniquely engineered rowing boat...
Mediclinic to roll out microgrids at its hospitals
Healthcare provider Mediclinic has solar PV panels installed at 28 of its sites across the country and is gearing up to roll out a national project aimed at installing microgrids that integrate...
Vala Zonke pothole repair programme overlooks root causes of crumbling roads
When the Department of Transport (DoT) launched the Vala Zonke pothole reporting and repair programme nationwide in August 2022, it was widely seen as a positive sign of government’s taking...
Vala Zonke pothole repair programme overlooks root causes of crumbling roads
When the Department of Transport (DoT) launched the Vala Zonke pothole reporting and repair programme nationwide in August 2022, it was widely seen as a positive sign of government’s taking...
G3 Citrus Estates adds significant solar power upgrade
Citrus producer G3 Citrus Estates, in Weipe, Limpopo, has added 812 kW of solar PV and 2.28 MWh of battery storage to its existing solar-powered renewable electricity system, with commissioning set...
Endeavour reports its highest-ever dividend for the second half of 2024
LSE- and TSX-listed gold producer Endeavour Mining has reported its highest-ever dividend to shareholders for the second half of 2024, amounting to $140-million or $0.57 a share. This brings the...
MMC signs deal to get 70% of its power from NOA’s renewable sources
Manganese producer and exporter Manganese Metal Company (MMC) has entered into an energy supply agreement with integrated energy utility NOA Group to secure an estimated 70% of its electricity from...
Suiso’s R31.5bn coal-to-fertiliser, methanol project passes BFS stage
The bankable feasibility study (BFS) for blue ammonia producer Suiso’s R31.5-billion coal-to-fertiliser and methanol project in Kriel, Mpumalanga, was completed earlier this month. The study was...
Wits Business School partners with Services Seta
Wits Business School (WBS) has formalised its partnership with the Services Sector Education & Training Authority (Services Seta) at a special signing ceremony on January 28, furthering...
CSIR monitoring wind disruptions in Cape Town that are undermining fruit exporters
The Centre for Scientific and Industrial Research- (CSIR-) hosted Alliance for Collaboration on Climate and Earth Systems Science (Access), along with other CSIR researchers and partners, have...
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