Gordhan: Experts appointed to investigate sabotage at Eskom power stations
Eskom says it has employed the services of forensic investigators to get to the bottom of its suspicions to investigate
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News
Sell some Eskom’s coal-fired power plants, Government says
Finance Minister Enoch Godongwana in his budget speech said South African government ministers have reached a general agreement to sell
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STEEL: Finance minister’s medium-term budget policy welcomed
JOHANNESBURG – The Steel and Engineering Industries Federation of Southern Africa (SEIFSA) welcomes Finance Minister Enoch Godongwana’s Medium Term Budget Policy
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AfriTin begins Namibian resource expansion
AfriTin Mining has begun the first of multiple exploration programmes at and around its Uis mine in Namibia. AfriTin has
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AFRIMAT: Commodities benefited from favourable iron ore pricing
Afrimat’s all three segments, namely Construction Materials, Industrial Minerals and Bulk Commodities experienced strong growth compared to the previous corresponding
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Manufacturing sector shows gains in capacity utilization
Despite the country’s continued lockdown, the Steel and Engineering Industries Federation of Southern Africa (SEIFSA) welcomes gains in capacity utilization
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COP26: The economics of the energy transition
The world is warming because of emissions from fossil fuels like coal, oil and natural gas, caused by humans. The
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Anglo American appoints new CEO at £1.25 million pa + bonus
Anglo American plc (“Anglo American”) announces the appointment of Duncan Wanblad as Chief Executive, with effect from Anglo American’s AGM
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South Africa hails deal at COP26 to end coal-based power generation
Agreed at the COP26 climate summit in Scotland, South Africa is set to receive $8.5bn (R125bn) to help end its
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Supply-chain disruptions, high energy costs slow down global growth
The IMF has cut its global growth forecasts and raised inflation forecasts, never a good combination. Supply-chain disruptions and rapidly
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Collapsing Eskom and load shedding stages explained
At all times there must be sufficient supply to meet demand, however electricity demand is not constant because of: peak
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GLENCORE: Production guidance remains unchanged for 2021
Glencore says, in its Third Quarter 2021 Production Report, that the asset base has largely performed in line with our
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Exxaro enters MOU with Eskom and Seriti to energise a low carbon future
Exxaro, Eskom Holdings SOC and Seriti Resources have entered into a memorandum of understanding (“MOU”) in order to record their
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Eskom continues its disaster mission of ‘jobs shedding and capital drain’
Due to further shortage of generation capacity, Eskom says it “regrets” to announce that Stage 4 which started from 12:00
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Sibanye-Stillwater cautions on its nickel and copper negotiations
JOHANNESBURG – Sibanye-Stillwater hereby advises its shareholders that the Company has entered into negotiations with affiliates of funds advised by
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Improving SA’s trade barrier score requires correct policy choices
Government-imposed barriers to trade, such as tariffs, duties, and protectionist policies, inhibit the flow of goods and services and hurt
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Anglo American releases production report for Q3 2021
According to the report production is up 2% compared to Q3 of last year, with its operating levels generally maintained
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South32 operations continue to deliver to annual guidance
In its QUARTERLY REPORT, South32 says it maintained FY22 production guidance with its operations continuing to deliver to plan, taking
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Without pro-trade reforms, Africa risks missing out on global growth
The Free Market Foundation (FMF) and the Initiative for African Trade and Prosperity (IATP) call on African governments to radically
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Volvo launches world’s first vehicle using SSAB’s fossil-free steel
Volvo Group has proudly revealed the world’s first vehicle made of fossil-free steel from SSAB – made in Volvo Construction
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BHP production and cost guidance remains unchanged for 2022
BHP Group released an operational review for the quarter ended 30 September 2021. Importantly, the quarterly update notes that production
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Only SA-produced cement permitted on all public sector projects
South Africa’s Treasury Department issued a circular effectively banning imported cement in government-funded projects from 4 November 2021. Importers of
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METAL COMMODITIES: High demand by the energy transition
Year 2021 has been a year characterised by a surprising recovery for commodity prices helped by a 2020 that was
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Oil recovery shows demand is still rebounding as it hits $82/barrel
With the pandemic is still around us, its impact on the world economy and on energy demand is fading. Renascent
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SA deindustrializes and this needs to change fast – Godongwana
The SA economy has been on a path of deindustrialisation – which speaks to significant job losses, widening income inequality
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Lawlessness, illegal miners and violence at Orkney gold mines
An assembly of security and police teams raided 300 illegal miners who were launching an onslaught on security staff at
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Gemstones’ Fabergé doubles revenue compared to 2020
Fabergé is one of the world’s most-recognised luxury-brand names, underscored by a well-documented, rich, illustrious heritage. As a wholly owned
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Localisation master plans will hobble economic growth – FMF
JOHANNESBURG – While increased industrialisation and manufacturing can spur economic growth and create jobs, the Free Market Foundation (FMF) maintains
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COSATU’S intended National Day of action 7 October 2021
Management may be aware, from recent media reports, that the Congress of South African Trade Unions (COSATU) is preparing for
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Afrimat benefits from favourable iron ore pricing and new projects
Afrimat has reported that its all three segments, namely Construction Materials, Industrial Minerals and Bulk Commodities experienced strong growth compared
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