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Cover Story

SA telcos moving aggressively to add fintech offerings to mobile money base

By: Natasha Odendaal     Updated 5 hours agoSouth Africa’s major telecommunications companies are accelerating their financial technology (fintech) strategies and betting big on Africa’s untapped digital economy potential to bolster dwindling traditional revenues in an ever-evolving digital era. Boasting huge volumes of customers with... 

SA telcos moving aggressively to add fintech offerings to mobile money base

First Word

Mining Weekly News

Harmony Gold going ahead with R4.5bn Zaaiplaats project

By: Martin Creamer     Updated 5 hours agoGold mining company Harmony Gold is going ahead with its high-grade Zaaiplaats gold project at a capital cost of R4.5-billion. Zaaiplaats is one of three Harmony projects that, with three others already under way, will collectively add 550 000 oz of gold a year to the Johannesburg- and New... 

Harmony Gold going ahead with R4.5bn Zaaiplaats project

Harmony planning further 73 MW of green electricity generation

By: Martin Creamer     Updated 5 hours agoLike everybody else, we’re on the verge of now starting to build our renewable energy plants. That is the latest news on the decarbonisation front from Harmony Gold CEO Peter Steenkamp, who spoke to Mining Weekly in a Zoom interview. (Also watch attached Creamer Media video.) 

Harmony planning further 73 MW of green electricity generation

Implats contributes R13bn in taxes, royalties to South African government

By: Martin Creamer     Updated 5 hours agoPlatinum group metals (PGMs) mining and marketing company Implats has contributed about R13-billion in taxes and royalties to the South African government for the 12 months to June 30, Implats CFO Meroonisha Kerber said on Thursday. In total, the participation in value of the government,... 

Implats contributes R13bn in taxes, royalties to  South African government

Sandfire looking at starting enlarged Motheo, says CEO

By: Esmarie Iannucci     Updated 5 hours agoCopper miner Sandfire Resources is likely to start its Motheo operation, in Botswana, at an expanded capacity, CEO and MD Karl Simich told delegates at Paydirt’s Africa Downunder conference. Sandfire at the end of last year took a final investment decision on the Motheo project, based on a... 

Sandfire looking at starting enlarged Motheo, says CEO

Saudi Arabia to host Future Minerals Summit in January

By: Marleny Arnoldi     Updated 5 hours agoThe Saudi Arabian Ministry of Industry and Mineral Resources has announced that the country will host the inaugural Future Minerals Summit on January 11 to 13, 2022, in Riyadh. The event will offer a one-stop-shop for investors, miners and other industry stakeholders interested in learning more... 

West Wits Mining’s Qala Shallows Stage 1 project could produce 53 000 oz/y over ten years – study

By: Esmarie Iannucci     Updated 5 hours agoA definitive feasibility study (DFS) on the Qala Shallows Stage 1 of the Witwatersrand Basin project, in South Africa, has estimated that the project could produce 53 000 oz/y over a ten-years. ASX-listed West Wits Mining on Thursday said that the DFS reported a mine life of some 17 years for... 

West Wits Mining’s Qala Shallows Stage 1 project  could produce 53 000 oz/y over ten years – study

Yunus Suleman to take over as Gold Fields chair in 2022

By: Tasneem Bulbulia     Updated 5 hours agoJSE-listed Gold Fields has appointed Yunus Suleman to succeed chairperson Cheryl Carolus with effect from the 2022 Annual General Meeting (AGM), scheduled for June 1, 2022. Carolus is stepping down after seven years as chairperson. 

Yunus Suleman to take over as Gold Fields chair in 2022

Editorial Insight

Planetary alignment?

By: Terence Creamer     Updated 5 hours agoMining personality Bernard Swanepoel’s disarming sense of humour enables him to speak many a true word in jest without triggering offence. But he wasn’t joking when, in opening a recent webinar on the hydrogen economy, he indicated that he took pronouncements made inside African National Congress... 

Planetary alignment?

Engineering News News & Insight

5G subscriptions increased by 84m in second quarter

By: Natasha Odendaal     Updated 5 hours agoThe number of fifth-generation (5G) net additions during the second quarter of 2021 has surpassed that of fourth-generation (4G), the latest Ericsson Mobility Report shows. The number 5G subscriptions with a 5G-capable device expanded by 84-million during the quarter under review. 

African airlines still need help to survive Covid-19-related losses

By: Rebecca Campbell     Updated 5 hours agoAs the Covid-19 pandemic continues to afflict Africa, with the number of deaths increasing while the rate of vaccination remains slow, the African Airlines Association (AFRAA) has warned that the lack of support from governments and development finance institutions for the continent’s aviation... 

DBSA expects strong demand for $200m embedded-generation scheme amid regulatory reform tailwinds

By: Terence Creamer     Updated 5 hours agoThe Development Bank of Southern Africa (DBSA) is optimistic that there will be a significant uptake of its $200-million Embedded Generation Investment Programme (EGIP) in light of recent regulatory changes exempting sub-100 MW facilities from licensing and enabling distributed plants to both... 

DBSA expects strong demand for $200m embedded-generation scheme amid regulatory reform tailwinds

Eskom offers business customers a trial renewable energy tariff

By: Simone Liedtke     Updated 5 hours agoState-owned power utility Eskom has launched the Renewable Energy Tariff pilot programme to assist businesses who have corporate renewable energy commitments. This, the entity said on September 1, enables customers to source a blended electricity supply with up to 100% of their electricity from... 

Eskom offers business customers  a trial renewable energy tariff

Fintech specialist initiates programme to encourage girls to take up STEM subjects

By: Natasha Odendaal     Updated 5 hours agoFintech specialist e4 has launched a programme to enable girls in underprivileged areas to pursue careers in science, technology, engineering and mathematics (STEM). The Girls in Stem programme is an after-school programme designed to encourage girl learners’ to take up STEM subjects in Grade 10,... 

Hints of more reforms as President predicts ‘massive investment’ in wake of electricity amendment

By: Terence Creamer     Updated 5 hours agoPresident Cyril Ramaphosa has described a recently gazetted amendment to Schedule 2 of the Electricity Regulation Act, opening the way for sub-100 MW grid-tied embedded generators to supply one or more customers without a licence, as a “defining moment in energy generation in our country”.... 

Hints of more reforms as President predicts ‘massive investment’ in wake of electricity amendment

Kenya, South Africa and Zim witness increased cyberattacks

By: Schalk Burger     Updated 5 hours agoThe 'State of Cyber Security in Kenya, South Africa and Zimbabwe 2021' report, released by information technology services multinational Liquid Intelligent Technologies (LIT) on September 1, shows that a majority of organisations in these countries experienced an increase in cybersecurity threats... 

Liquid establishes new point-of-presence in Miami

By: Natasha Odendaal     Updated 5 hours agoLiquid Intelligent Technologies has opened a new Internet point-of-presence (POP) in Miami, enabling a direct connection to the US and connecting to the Liquid network through a South Atlantic subsea cable. Forming part of Liquid’s East-West route between the US and Asia, through Africa, the new... 

Merc aims to go all-electric ‘where markets allow’, South African EV launch slated for 2022

By: Irma Venter     Updated 5 hours agoMercedes-Benz is getting ready to go “all electric” by the end of the decade, “where market conditions allow”. By 2022, the German carmaker says it will have battery electric vehicles (EVs) in all segments of the market the company serves.  

New initiative to empower almost 1 000 women in transport sector

By: Irma Venter     Updated 5 hours agoA new initiative championed by the Commercial Transport Academy (CTA) will aim to empower almost 1 000 women in the transport sector. The Women Inspiring Women to Lead in Transport initiative comprises three structured programmes: CTA Excellence, Run With It and Iron Women.  

New-vehicle supply constraints could ease towards year-end – Motus

By: Irma Venter     Updated 5 hours agoAutomotive group Motus expects new-vehicle supply, currently constrained by a global computer chip shortage, to start normalising towards the end of the year, says CEO Osman Arbee. “Yes, there are some constraints with the supply of new vehicles globally, not only in South Africa. There are... 

Report calls for fit-for-purpose cross-border road transport interventions

By: Simone Liedtke     Updated 5 hours agoSouth Africa has seen a 6% fall in exports, from R253-billion in 2019 to R238-billion in 2020, which the Cross-Border Road Transport Agency (C-BRTA) largely attributed to the widespread impact of the Covid-19 pandemic. The pandemic, it said, severely affected South Africa’s exports owing to the... 

Report calls for fit-for-purpose cross-border  road transport interventions

Sanlam Investments launches Sustainable Infrastructure Fund

By: Marleny Arnoldi     Updated 5 hours agoAsset manager Sanlam Investments has launched a Sustainable Infrastructure Fund (SIF) that will invest in local projects for market development and job growth, with an emphasis on environmental sustainability. Sanlam says stable, inflation-bearing returns will be delivered to investors over the... 

Serco accelerates truck manufacture, repair following destruction of 100 units in July unrest

By: Irma Venter     Updated 5 hours agoTruck and trailer building company Serco says it is fast-tracking the construction of vehicles, as well as repairs to vehicles, as it works to help the transport and food sectors return to normal in the wake of the recent unrest in KwaZulu-Natal and parts of Gauteng. Serco CEO Clint Holcroft says... 

Smartphone shipments seen increasing by 7.4% this year

By: Natasha Odendaal     Updated 5 hours agoThe International Data Corporation’s (IDC’s) latest tracker has shown that global smartphone shipments continue to grow, led by strong recovery in emerging markets. The information technology, telecommunications and consumer technology intelligence and advisory services providers’ Worldwide... 

South African pilot wins aviation award

By: Rebecca Campbell     Updated 5 hours agoAviation digital ‘hub’ AeroTime has awarded an Aviation Achievement Award to South African pilot and ‘social entrepreneur’ Refilwe Ledwaba. This was in recognition of her creation and development of the non-profit Girls Fly Programme in Africa Foundation. She is the 23rd person to receive the... 

South African pilot wins aviation award

TFR approaches customers on security levy to raise funds for rapid security overhaul

By: Terence Creamer     Updated 5 hours agoState-owned railway utility Transnet Freight Rail (TFR) is approaching its customers about instituting a three-year security levy, which will be used to raise the funding needed for the rapid deployment of technology-based security solutions across a network that is currently collapsing under the... 

TFR approaches customers on security levy to raise funds for rapid security overhaul

Vodacom launches 5G in Northern Cape

By: Natasha Odendaal     Updated 5 hours agoVodacom Central Region has switched on its fifth-generation (5G) mobile network in Kimberly, in the Northern Cape. Supporting both mobile and fixed wireless access services, Vodacom customers with 5G-enabled devices, and within a 5G coverage area, are now able to access the new 5G network in the... 

Volkswagen celebrates seven decades of manufacturing in South Africa

By: Irma Venter     Updated 5 hours agoThe first Volkswagen manufactured in South Africa, a Beetle, rolled off the assembly line on August 31, 1951. This means the German manufacturer celebrates its seventieth anniversary of producing cars in South Africa this year. 

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