R/€ = 19.2599 Change: -0.1687
R/$ = 17.7223 Change: -0.0779
Au 1978.37 $/oz Change: -2.08
Pt 993.80 $/oz Change: 13.05


South Africa will overcome its rail and electricity problems, Menar MD predicts  

By: Martin Creamer     27th March 2023 At the end of the day, South Africa will overcome its rail transport and electricity availability issues, and confidence in both Transnet and Eskom will be fully restored, Menar MD Vuslat Bayoglu predicts. “I’m confident that Transnet’s problems will be solved because South Africa’s got great... 

South Africa’s musts: fix Eskom, boost renewables, extend grid, restore rail, defeat crime

By: Martin Creamer     24th March 2023 Turning energy and logistics threats into opportunities is a must for all South Africans during this tough time in the country's history. South Africans must show unyielding determination the ensure that Eskom is fixed, renewable energy is maximised, and the national electricity grid is extended.... 

Power outages dimming water supply efficiency

By: Leah Shelene Asaram     17th March 2023 Purification works and booster stations are expected to be exempt from loadshedding; however, the recent power outages across bulk water utility Rand Water’s entire value chain have created challenges for the utility to pump water regularly. Rand Water CE Sipho Mosai says that, with Rand Water... 

Msikaba bridge construction slated for completion by end of 2024 

By: Irma Venter     3rd March 2023 Construction of the Msikaba cable-stayed bridge near Lusikisiki, in the Eastern Cape, should be complete in the last quarter of next year.  Work on the project, which forms part of the N2 Wild Coast Toll Road roll-out, started in earnest in 2019. 

Miners trapped underground after pylons weakened by cable theft collapse, cutting power supply

By: News24Wire      22nd February 2023 Sibanye-Stillwater miners were trapped underground in Randfontein due to a power supply interruption caused by powerlines that collapsed after being weakened by the vandalism of cable thieves. According to Eskom, the pylon structures were weakened by the theft of  "tower members" and unstable... 

Sibanye warns of lower earnings

By: Creamer Media Reporter      21st February 2023 Precious and battery metals miner Sibanye-Stillwater has warned that it expects to report a 40% to 46% year-on-year decrease in earnings per share (EPS) and 46% to 51% decrease in headline earnings per share (HEPS) for the year ended December 31. EPS are expected to be between 618c and 683c, or... 

Funding of Solar Lighting Solution in Tshinapfene Village

15th February 2023 A Solar lighting solution installed on glass fibre reinforced polyester (GRP) poles, supplied by BEKA Schréder, have been donated to the Tshinapfene Village in Limpopo, South Africa. The project was jointly sponsored by the King Baudouin Foundation through the Schréder Together Fund, BEKA... 

Ramaphosa determined to remove all impediments in way of sustained mining growth 

By: Martin Creamer     7th February 2023 The Presidency is determined to remove all impediments in the way of the sustained growth of the South African mining industry, President Cyril Ramaphosa told the Investing in African Mining Indaba on Tuesday, where he drew full auditorium applause. In addition, Minerals Council South Africa... 

Three 2Africa subsea cables now landed in South Africa

By: Natasha Odendaal     3rd February 2023 The 2Africa subsea cable has landed at the Vodacom network facility in Gqeberha, in the Eastern Cape, marking the third landing on the coast of South Africa of the world’s largest submarine cable system. The first submarine cable landing in the Eastern Cape region, for which Vodacom is the... 

Resources Watch  

1st February 2023 This week: RBCT coal exports fall below 1993 level, being hit very badly by cable theft And, Copper-copious Zambia stepping up agricultural prowess, embarking on robust outreach 

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