Clear commitment to reform implementation needed in SoNA – Mavuso

Business organisation Business Leadership South Africa (BLSA) CEO Busi Mavuso has urged President Cyril Ramaphosa to show a clear commitment to the hard work of reform implementation during his... 

Critical infrastructure failure fingered as biggest business risk in South Africa for second year running

Critical infrastructure blackouts have emerged as the number one risk for businesses in South Africa for the second consecutive year, highlighting the severe impact of power outages and the failure... 

Global body calls for inclusive access to AI data

The World Economic Forum (WEF) Artificial Intelligence Governance Alliance (AIGA) is calling on experts from various sectors to address several key areas of AI, including improving data quality and... 

Busa appoints Mxolisi Mgojo as president

Business organisation Business Unity South Africa (Busa) has appointed Mxolisi Mgojo as its new president, after Bonang Mohale stepped down in August 2023, one year before the end of his term of... 

Emira concludes its acquisition of Transcend

JSE-listed real estate investment trust (Reit) Emira has finalised the acquisition and subsequent delisting of fellow Reit Transcend. The properties of Transcend's portfolio of 4 000 tenants will... 

Logistics, energy challenges remain for Mining Indaba host South Africa

Mining Indaba to open with SA mining industry hit hard by rail inefficiencies The yearly African Mining Indaba will start on February 5 against the backdrop of the local mining industry facing... 

USTDA to host South African delegation in the US to accelerate green hydrogen collaboration

The US Trade and Development Agency (USTDA) will bring a delegation of South African clean energy sector decision-makers to the US to build partnerships between the countries to accelerate the... 

Promise of GenAI set to turn into tangible business success this year – BCG

Artificial intelligence (AI), and generative AI (GenAI), is one of the top three topics being discussed among executives worldwide and across sectors, and GenAI is set to be scaled up during the... 

95% of companies have an AI strategy, 14% ready to integrate it – Cisco

Advancements in artificial intelligence (AI), especially generative AI (GenAI), are leading to a once-in-a-generation shift, which is opening new opportunities and transforming industries, modes of... 

Jan Fourie to take over as Mulilo Energy CEO from May

Renewable energy developer Mulilo Energy has appointed former Scatec executive VP Jan Fourie to succeed outgoing CEO Johnny Cullum when he steps down in May. Cullum has served as CEO since Mulilo... 

DSI, CSIR and Mandela Mining Precinct to showcase innovations at Mining Indaba

The Department of Science and Innovation (DSI), the Council for Scientific and Industrial Research (CSIR) and the Mandela Mining Precinct (MMP) will showcase technologies that have been developed... 

Leoka resigns from Amplats board

Platinum group metals miner Anglo American Platinum (Amplats) has announced that Thabi Leoka has resigned as nonexecutive director and, consequently, the board committees she serves on, with... 

Lhyfe, Source Galileo to establish green hydrogen production units in the UK, Ireland

Green and renewable hydrogen producer and supplier Lhyfe and renewable energy developer Source Galileo have entered into an agreement to jointly develop commercial-scale green and renewable... 

Global economic growth in 2024 to be muted

The global economy is expected to remain weak in 2024, but inflation is likely to gradually decrease, and rate cuts may be on the cards in the second half of the year economic forecasting and... 

RFA urges investigation into outdated TFR systems following derailment

Industry organisation the Road Freight Association (RFA) says the collision of two coal trains on the Richards Bay ore line at the weekend underscores the vulnerability of the multi-ore line owing... 

Recovery efforts under way following derailment of two trains near Richards Bay

State-owned Transnet Freight Rail (TFR) is busy with recovery efforts after a derailment in which two trains collided in the early hours of January 14 at Elubana, outside Richards Bay, in... 

New Gold achieves top-end of production guidance

Canada-focused gold miner New Gold said that strong fourth-quarter results led to it achieving the top-end of its consolidated 2023 production guidance. In the fourth quarter, consolidated... 

Si6 to acquire Brazil REE licences

ASX-listed critical metals and minerals explorer Si6 Metals expects to complete the acquisition of a 50% interest in a portfolio of exploration licences in Brazil from exploration firm Foxfire... 

Affirma, Norfund and KLP provide $145m for CEC to build additional capacity

Private equity firm Affirma Capital, development finance institution Norfund and Norwegian pension fund Kommunal Landspensjonskasse (KLP) have invested $145-million in Zambian independent power... 

UK’s BII to spend R125m on Cape wind farms

UK development finance institution British International Investment (BII) will invest R125-million in two 140 MW wind farms in the Northern Cape and Eastern Cape to help tackle South Africa’s... 

Sibanye supports ICMM Water Stewardship Maturity Framework

Diversified mining company Sibanye-Stillwater has welcomed and expressed its support for global leadership body the ICMM’s Water Stewardship Maturity Framework, which is a practical tool for all... 

Second iteration of just transition project framework completed

Nonprofit economic research institution Trade and Industrial Policy Strategies (TIPS) has developed the second iteration of its framework to identify and measure just transition projects in South... 

Hydrogen electrolyser capacity seen increasing by 143% over next two years

Global hydrogen electrolyser supply capacity is expected to increase by 143% over the next two years, after having increased by 103% from 2022 to 2023, the ‘Hydrogen Electrolyser Supplier’ report,... 

Collapsing State capacity behind SA’s woes

Two broad challenges – collapsing State capacity and spatial exclusion – have led to South Africa's economy being defined by stagnation and exclusion and the country needs a strategy to recover... 

ENS seminar shares insights with legal community, health and safety practitioners

Law firm ENS held a two-day mine and occupational health and safety seminar and webinar on November 21 and 22, during which it shared expert insight and legal knowledge of mine and general... 

NUM Highveld region to march against Transnet over debilitating logistics failures

Trade union the National Union of Mineworkers' (NUM's) Highveld Region is planning to march to the offices of the Presidency and the Department of Public Enterprises on December 9 to demand an... 

Africa must do more to advance its own development – Manuel

Africa's business sector and governments must push harder in addressing the challenges facing the continent, as the biggest threat to its development is complacency, said insurance and investment... 

Clean technology leads as African foreign direct investment rebounds

Advisory and professional services firm EY's eleventh Africa Attractiveness Report found that clean technology led the foreign direct investment (FDI) drive into Africa against a backdrop of a... 

Microsoft to support 30m Africans to develop AI skills

Information technology multinational Microsoft, at its 'AI: A New Era' event on October 30, announced plans to certify 30-million people in Africa in artificial intelligence- (AI-) related skills... 

CSIR launches enterprise to commercialise first set of 18 technologies

The Council for Scientific and Industrial Research (CSIR) has launched its intellectual property (IP) commercialisation enterprise CSIR C-Cubed (CSIR C3) with a portfolio of 18 technologies and it... 

FNB launches consumer carbon calculator tool

Financial services firm FNB has launched nav» Earth on its application (app), which uses spending habits to estimate users' carbon emissions and allows them to offset unavoidable emissions. The... 

Africa seen producing 50m tons of green hydrogen competitively by 2035

Harnessing the potential for renewable energy and green hydrogen production, or replacing carbon atoms with hydrogen atoms in the energy value chain, can build peace and stability in Africa,... 

Competition, collaboration needed for an efficient logistics network in South Africa

Competition is important to create efficiencies in the logistics and transport network, but collaboration is similarly necessary to ensure that all the public and private sector role-players can... 

Electric vehicles can have a lower TCO than ICE vehicles

Electric vehicles can have a lower total cost of ownership (TCO) for consumers than internal combustion engine (ICE) vehicles, but vehicle financing options and automotive manufacturers' business... 

South Africa to motivate for extension of AGOA for itself and other African countries

South Africa will motivate for the extension and renewal of the US preferential trade framework the African Growth and Opportunity Act (Agoa) for itself and other African countries on the basis... 

Industries must choose and move on most important hydrogen uses first

Hydrogen can be used in a range of applications and it is important to select the most important use cases for green hydrogen, upon which industries worldwide must then move on. Multinational gas... 

TMM anti-collision system regulations may have implications for mining equipment OEMs

New sub-regulations added in December 2022 under the Mine Health and Safety Regulations, which are binding on the industry, require that an employer at a mine provide anti-collision systems or... 

Vergelegen winery goes off grid

The Vergelegen wine estate, in Somerset West, has installed a solar power plant that has taken it completely off the grid. The plant includes six solar tables, comprising 500 panels that cover 1... 

Green hydrogen needed to decarbonise the world, including Africa

One of the main areas of focus during negotiations between Germany and Namibia to establish green hydrogen production was to create a value chain in Namibia, as the aim is not only the export of... 

Japanese entity, SA partners to launch auto training initiative

The Department of Trade, Industry and Competition's (dtic's) seven National Quality and Productivity Network (NQPN) member organisations and the Japan International Cooperation Agency (JICA) have...