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News This Week

Demand for used cars streaks ahead, Asian newcomers big new-car winners
27th September 2024 By: Irma Venter

The prolonged economic downturn experienced across multiple sectors in South Africa has resulted in markedly depressed sales in the new-car segment over the past 12 months, says finance group... 


Sanral awards R1.4bn Eastern Cape contracts, R3.8bn pending
27th September 2024 By: Irma Venter

The South African National Roads Agency Limited (Sanral) has awarded 12 road infrastructure contracts to the value of R1.4-billion in the Eastern Cape since the start of the 2024/25 financial year,... 


South African MVNOs focus on lifestyle value and personalisation
27th September 2024 By: Natasha Odendaal

As South Africa’s mobile virtual network operator (MVNO) market braces for explosive growth, emerging players are moving beyond competing on price towards delivering clear, lifestyle-driven value... 


BME MD Ralf Hennecke
BME, Hypex Bio continue to drive environment-friendly explosives
20th September 2024 By: Marleny Arnoldi

With 20-million tonnes of bulk nitrate-based explosives being used every year in the mining industry, contributing significantly to greenhouse-gas (GHG) emissions, explosives and detonation... 


 Minerals Council South Africa CEO Mzila Mthenjane
SA mining sector’s contribution to GDP slid in 2023, partnership with govt to boost growth
20th September 2024 By: Sabrina Jardim

Amid electricity and logistical constraints, as well as an increase in crime and corruption, the mining sector contributed only 6.3% to South Africa’s GDP in 2023, down from 7.3% in 2022, Minerals... 


South32 CEO Graham Kerr.
South32’s future outlook has probably never looked brighter – CEO
20th September 2024 By: Martin Creamer

The future outlook for South32, the mining and metals company spun out of BHP in 2015, has probably never looked brighter, says South32 CEO Graham Kerr. “It's a decade in for the company, and time... 


Northam’s Eland mine.
Eland set for chrome success in coming years, says Northam Platinum
20th September 2024 By: Martin Creamer

Northam Platinum, which benefits from a full mine-to-market value chain in chrome, sold around 1.3-million tons of chrome for the year, which contributed 12.5%, or R3.8-billion, to the revenue of... 


Modernisation will boost Southern Africa rail
20th September 2024 By: Natasha Odendaal

Modernisation and digitisation will be critical to driving the future growth of Southern Africa’s railway industry. Key technological developments that will be central to creating interconnected... 


Electricity and Energy Minister Dr Kgosientsho Ramokgopa will host a nulclear summit on September 12
DMRE moving with pace on nuclear determination amid mounting technoeconomic questions
20th September 2024 By: Terence Creamer

South Africa’s Department of Mineral Resources and Energy (DMRE) expects to finalise nuclear-procurement consultations in the coming two to three months before approaching the regulator for its... 


GoSolr CEO Andrew Middleton
Financial savings displacing loadshedding as main driver of residential solar market
20th September 2024 By: Terence Creamer

The South African market drivers for residential, commercial and industrial solar PV and battery installations have started shifting towards cost savings from security of supply as loadshedding... 


Transnet CEO Michelle Phillips delivering Transnet's 2024 results
Phillips confirms 193Mt ‘stretch target’ for rail amid criticism that recovery plan lacks ambition
20th September 2024 By: Terence Creamer

Transnet CEO Michelle Phillips has acknowledged criticism over the pace at which it plans to recover rail volumes and has reported that an internal “stretch target” of 193-million tons has been set... 


Surging municipal water debt threatens stability of entire water value chain
20th September 2024 By: Natasha Odendaal

Urgent action is required to arrest South African municipalities’ ever-rising debt to water boards, which has increased 151% since 2019, highlighting a severe financial crisis within the water... 


August new-vehicle sales 4.9% lower as exports nosedive by 34.3%
20th September 2024 By: Irma Venter

August’s negative new-vehicle sales numbers dashed any hope of a sustained upward trend in the market following July’s 1.5% increase. Total new-vehicle sales in August dropped by 4.9%, to 43 558... 


BMW SA halts third-generation X3 production, gears up for new model next month
20th September 2024 By: Irma Venter

BMW Group South Africa (BMW SA) has halted production of the third-generation X3 at its Rosslyn plant, in Pretoria, and will now gear up for production of the new-generation model. The last vehicle... 


Diversification rescues Motus as SA economy struggles
20th September 2024 By: Irma Venter

Motus’s Import and Distribution business took a significant bite out of the automotive group’s profit in the financial year ended June 30, says CEO Osman Arbee. “Minus the importers, we had a great... 


New biomass plant in Pretoria in the offing
20th September 2024 By: Natasha Odendaal

Bio2Watt Energy Holdings (BEH) has appointed SRK Consulting as the independent environmental consultant to undertake the environmental permitting processes for a new biogas plant near Pretoria. The... 


Gold Fields CEO Mike Fraser.
Gold Fields’ big South Deep mine is being uplifted for quality-ounce longevity
13th September 2024 By: Martin Creamer

Johannesburg- and New York-listed Gold Fields said on Friday that it is taking steps to set up its big South Deep gold mine on Gauteng’s West Rand for the long-term production of quality gold... 


Implats Group Executive:Refining & Marketing Sifiso Sibiya.
Developing hydrogen economy key to future platinum group metals demand – Implats
13th September 2024 By: Martin Creamer

The development of the hydrogen economy and the latent potential offtake for platinum group metals (PGMs) is a key underpin to the long-term view of future demand and the role PGMs will play in a... 


Master Drilling CEO Danie Pretorius.
Mechanical cutting for mining set to move needle for Master Drilling
13th September 2024 By: Martin Creamer

In the six months to June 30, cash from the operating activities of Master Drilling soared 119.8% to $27.7-million. The revenue pipeline of this Johannesburg Stock Exchange-listed tech-savvy... 


Iron-ore produced by Kumba being transported by rail
Freight rail underperformance cost South Africa’s bulk mining sector R140bn in the last super cycle
13th September 2024 By: Darren Parker

Owing to domestic logistics constraints, South Africa’s coal and iron-ore bulk mining sectors were unable to capitalise on the last super cycle from 2021 to 2023, resulting in an estimated... 


US State Department official sees bipartisan support for Africa critical mineral projects
13th September 2024 By: Bloomberg

A senior US State Department official reassured African governments that an initiative to help counter China’s influence through developing infrastructure on the continent will continue even after... 


Jubilee CEO Leon Coetzer
Jubilee enters into renewable energy PPA in Zambia
13th September 2024 By: Sabrina Jardim

Aim-listed diversified metals producer Jubilee Metals Group has signed a three-year power purchase agreement (PPA) with Lunsemfwa Hydro Power Company (LHPC), an independent hydropower and solar... 


With EVs being three times as copper-intensive as internal combustion engine vehicles, BHP expects the transport sector to account for over 20% of global copper demand by 2040.
BHP sees ‘fly-up’ in copper prices later, but short-term outlook cooler
13th September 2024 By: Mariaan Webb

Diversified mining company BHP has projected a strong outlook for the copper market, forecasting significant price increases due to expected supply deficits in the latter part of the decade. The... 


Tharisa’s proprietary chrome alloy process
13th September 2024 By: Tasneem Bulbulia

London- and Johannesburg-listed Tharisa has successfully produced 40 t of chrome alloy from a unique and proprietary process developed by its research and development business Arxo Metals. Arxo,... 


New effort to combat mining water pollution
13th September 2024 By: Tasneem Bulbulia

Member organisation the ICMM and the International Network for Acid Prevention (INAP) will collaborate to support mining companies in preventing and reducing water pollution caused by acid rock... 


SA canned deciduous fruit sector’s ability to hold its own in global markets declining
13th September 2024 By: Rebecca Campbell

South Africa’s canned deciduous fruit sector has, with one exception, been on a declining international competitiveness trajectory since 2016, a PhD research project at Stellenbosch University has... 


Timeline for inaugural IEP announced  as govt sets year-end target for updated IRP
Timeline for inaugural IEP announced as govt sets year-end target for updated IRP
13th September 2024 By: Terence Creamer

The South African government aims to Gazette an update to the Integrated Resource Plan (IRP) for electricity before the end of the 2024 calendar year and finalise South Africa’s inaugural... 


A Redefine property in Sandton
A quarter of Redefine’s property portfolio to be powered by renewables by end-2025
13th September 2024 By: Darren Parker

JSE-listed real estate investment trust (Reit) Redefine Property has revealed that its total renewable-energy component, which includes wheeling and further expansion of its rooftop solar PV... 


Eskom CEO Dan Marokane
Marokane says ‘holistic’ conversation needed on tariff rules and other regulatory gaps
13th September 2024 By: Terence Creamer

Eskom CEO Dan Marokane says the State-owned company is eager to participate in a “holistic conversation” about the gap that has emerged between the changes under way in the electricity sector and... 


IFC Africa VP Sérgio Pimenta
IFC confirms eagerness to fund private grid projects in South Africa
13th September 2024 By: Terence Creamer

The International Finance Corporation (IFC) has confirmed that its stands ready to support South Africa’s efforts to facilitate private sector participation in the expansion of the country’s... 


A railway line in KwaZulu-Natal that had to be repaired following a 2021 flood
TFR’s maintenance outlay below half of requirements
13th September 2024 By: Darren Parker

State-owned Transnet Freight Rail (TFR) is meeting less than half of its necessary maintenance investment, with inflation significantly expanding the gap in year-on-year funding requirements.... 


Hitachi's Zaxis 7G excavator
Hitachi introduces new-gen excavator, backhoe loader to Southern Africa
13th September 2024 By: Marleny Arnoldi

Japanese multinational Hitachi’s African business, Hitachi Construction Machinery Africa (HCAF), is making available to the Southern African market the Zaxis 7G Series excavator and the BX100... 


GreenSun's residential solar-as-a-service offering
GreenSun launches first-of-a-kind solar energy-as-a-service offering for households
13th September 2024 By: Marleny Arnoldi

As South Africa’s regulators mull a proposal from Eskom that could see electricity tariffs rise by as much as 40% next year, renewable-energy company GreenSun Renewable Energy has launched an... 


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FlameBlock is a proudly South African company that engineers, manufactures and supplies fire intumescent and retardant products to the fire...

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