Establishment of carbon borders not supported by climate finance commitments

The European Union (EU) is one of the first regions to establish a Carbon Border Adjustment Mechanism (CBAM) scheme, with the current requirement that companies report on the total carbon footprint... 

ProMarks, Trafigura sign MoU with Angola govt to develop PPP model for power transmission

Electrical engineering company ProMarks and industrial conglomerate Trafigura have signed a memorandum of understanding (MoU) with the government of Angola to conduct a technical and economic... 

Eskom, Minister celebrate 100 days without loadshedding milestone

State-owned power utility Eskom has achieved 100 consecutive days without loadshedding, which reflects the enhanced reliability and performance of its generation fleet. The continuous suspension of... 

World Bank highlights developing-world utilities’ challenges in meeting rising demand, transition goals

The majority of electric utilities in developing countries are ill-equipped to meet growing demand for power and add more renewable energy into the grid, thereby hindering global energy transition... 

Central banks to increase gold holdings in next 12 months, says World Gold Council

More than eight in ten, or 81%, of respondents to the 2024 Central Banks Gold Reserves survey said they expect reserve managers to continue to increase their gold holdings in the next 12 months.... 

Cluff Africa inks deal to acquire Zimbabwe lithium permits

UK-based mineral resources investment company Cluff Africa has signed a term sheet with Zimbabwe sovereign wealth fund, Mutapa Investment Fund, to acquire 45% in the Sandawana mining permits. This... 

Consistent pipeline all that is needed to resuscitate SA construction

A consistent and predictable pipeline of construction and infrastructure development projects, which must be underpinned by political support and leadership, is all that is necessary to accelerate... 

Bosch Rexroth Africa opens first branch in Côte d'Ivoire

Hydraulics, pneumatics and automation group Bosch Rexroth Africa opened its first branch in Côte d'Ivoire, in June, to meet the increasing demand for its hydraulic, pneumatic and automation... 

Central banks to increase gold holdings in next 12 months - World Gold Council

More than eight in ten, or 81%, of respondents to the 2024 Central Banks Gold Reserves survey said they expect reserve managers to continue to increase their gold holdings in the next 12 months.... 

Cluff Africa signs agreement to acquire Zimbabwe lithium permits

UK-based mineral resources investment company Cluff Africa has signed a term sheet with Zimbabwe sovereign wealth fund, Mutapa Investment Fund, to acquire 45% in the Sandawana mining permits. This... 

Students should use AI to interrogate knowledge, not just answer questions, IT experts advise

AI-based systems can provide personalised learning experiences, as well as identify students' strengths and weaknesses and adjust teaching to better facilitate and accelerate learning, IT industry... 

Eskom arrests suspected coal-swapping thief

State-owned power utility Eskom says the security investigation team at its Arnot power station has arrested a truck driver, who is suspected of having participated in the swapping out of coal... 

Civil society coalition emphasises need for accountability, transparency, equity to achieve a ‘fair’ just transition

A coalition of civil society organisations from Indonesia, Senegal, South Africa and Vietnam on June 10 launched their ‘Principles for a Fair Just Energy Transition Partnership (JETP)’, which... 

African countries urged to use resources to unlock sustainable growth, diversify economies

A majority of African economies, or 83%, are highly commodity-dependent and are vulnerable to external shocks, experiencing good growth when commodity prices are high, but seeing growth reversal... 

Social elements of ESG in mining more complex, but an established part of mining's legacy

While there are increasingly complex regulatory requirements governing the social obligations of mines, regulations are only catching up to what some mining companies are doing to benefit mine... 

Use resources to diversify African economies, unlock sustainable growth

A majority of African economies, or 83%, are highly commodity-dependent and are vulnerable to external shocks, experiencing good growth when commodity prices are high, but seeing growth reversal... 

Clean energy critical minerals can transform sub-Saharan Africa, says IMF

Sub-Saharan Africa holds an estimated 30% of the world’s volume of proven critical mineral reserves and managing their use properly as part of the global transition to clean energy has the... 

Despite challenges, Zim business environment offers investment opportunities

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... 

TNPA issues RfP for Cape Town port liquid bulk terminal

State-owned Transnet National Ports Authority (TNPA) has issued a request for proposals (RfP) for the appointment of a terminal operator to acquire, operate, maintain, refurbish or build and... 

Unlocking social and environmental benefits through tailings retreatment

The retreatment, or remining, of mine tailings can provide usable land, provide profits for companies and clean the environment by moving the reprocessed tailings to more advanced and well-managed... 

Unlocking social and environmental benefits through tailings retreatment

The retreatment, or remining, of mine tailings can provide usable land, provide profits for companies and clean the environment by moving the reprocessed tailings to more advanced and well-managed... 

Zimbabwe aims to use FDI to develop a competitive economy by 2030

Zimbabwe held an investment conference on May 2 and 3 in South Africa during which its officials explained that the country of 16-million people wants to use local and international investments... 

Woolworths launches regenerative farming practices campaign

Retail company Woolworths has launched a Farming for the Future campaign, with the aim of encouraging farmers to implement regenerative farming practices. By partnering with farmers who adopt... 

Clean energy critical minerals can transform sub-Saharan Africa – IMF

Sub-Saharan Africa holds an estimated 30% of the world’s volume of proven critical mineral reserves and managing their use properly as part of the global transition to clean energy has the... 

South African PGM miners overcoming challenges to build new mines

South African platinum group metal (PGM) miners are overcoming challenges and building new mines locally, albeit in phases, to derisk some of these promising tier-one projects. PGM mining industry... 

Reunert to merge two of its subsidiaries

JSE-listed electrical and electronic engineering group Reunert Group plans to merge its technology management and consulting firm IQbusiness and digital services firm +OneX subsidiaries into a... 

Changing business opportunities, challenges in Zimbabwe highlighted

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... 

Attacq’s Nexus 1 building achieves EDGE, Green Star certification

Real estate investment trust Attacq's Nexus 1 building, in Waterfall City, which also serves as its headquarters, has received Excellence in Design for Greater Efficiencies (EDGE) certification.... 

Companies unveil Kelvin power station carbon capture pilot project

The 600 MW coal-fired Kelvin power station, in Isando, Ekurhuleni, has installed a 300 m3/h flue gas emissions capturing pilot project, which removes carbon dioxide (CO₂), nitrogen oxides and... 

PGM miners overcoming challenges to build new mines

South African platinum group metal (PGM) miners are overcoming challenges and building new mines locally, albeit in phases, to derisk some of these promising tier-one projects. PGM mining industry... 

Sasol streamlines its executive committee’s portfolios

JSE-listed energy and chemicals company Sasol has streamlined the portfolios of the members of its group executive committee, with effect from April 1. This involves changes to important functions... 

PV plant for ARM mine operational by year-end

Shanghai-listed solar photovoltaic company Trina SOLAr, renewable energy project developer SOLA and civil engineering and construction company WBHO Construction will build the 135 MW Merak 1 SOLAr... 

FNB/BER building confidence index ‘nosedives’ to 27 in the first quarter

The FNB/BER Building Confidence Index dropped by 16 points to 27 in the first quarter of this year, from 43 in the fourth quarter of 2023, and four of the six sectors surveyed recorded a decline in... 

Draft IRP 2023 lacks environmental, health, climate commitments, says Life After Coal

Coal phase-out campaign the Life After Coal Campaign, in its comments on the draft Integrated Resource Plan (IRP) 2023, said the plan has fundamental flaws and expressed skepticism in the plan's... 

ACSA to invest nearly R22bn in airport infrastructure

Transport Minister Sindisiwe Chikunga has reported that State-owned Airports Company South Africa (ACSA) will invest R21.7-billion on airport infrastructure developments focused on refurbishments,... 

TNPA orders seven tugboats to enhance seaport operations

State-owned Transnet National Ports Authority (TNPA) has, as part of its marine fleet renewal programme, ordered seven tugboats in a R1-billion investment aimed at enhancing marine operations at... 

Trina Solar, SOLA and WBHO collaborate on 135 MW solar plant for ARM

Shanghai-listed solar photovoltaic company Trina SOLAr, renewable energy project developer SOLA and civil engineering and construction company WBHO Construction will build the 135 MW Merak 1 SOLAr... 

Unctad develops digital solution to promote new critical mineral discoveries

To prevent a production gap of critical and energy minerals amid burgeoning demand to keep global warming within the 1.5 °C targeted under the Paris Agreement, the United Nations Conference on... 

100 MW of OCGT power to be available in Gauteng by April to mitigate loadshedding – Lesufi

Johannesburg power utility City Power would, on behalf of the Gauteng government, add 100 MW of electricity capacity to the grid to assist the Gauteng province in its goal to reduce the impact of... 

Teraco moves to grow and green SA data-centre footprint

Digital transformation is happening in every industry and digitalisation of the economy is intensifying the need for highly available, and sustainable, information and communication technology...