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Transnet revamping concessions model to speed up private involvement in rail and ports
By: Terence Creamer 23rd October 2020 State-owned freight logistics group Transnet is in the process of overhauling its approach to opening up its port and rail networks, including 8 000-km of branch lines, to private participants, acknowledging that its previous models have been far to slow and cumbersome. CEO Portia Derby said the... →
Business welcomes recovery plan, but urges swift implementation 
16th October 2020 Organised business formations have responded to the Reconstruction and Recovery Plan released by President Cyril Ramaphosa on October 15. On the whole, business has welcomed the plan, including the fact that it embraces many of the recommendations made to government by the social partners through... →
Danakali appoints potash expert as COO
By: Donna Slater 13th October 2020 ASX- and LSE-listed potash company Danakali has appointed Dr Rod McEachern as COO, effective December 3. According to the company, his appointment strengthens and deepens Danakali’s potash mining and processing knowledge and leadership capability. →
Pragma | 30 Years in the making
By: Creamer Media Reporter 9th October 2020 2020 might forever be known as the year in which Covid 19 struck, but life goes on despite this and many other challenges that businesses face. It is with this mindset, that we take a look back at an engineering firm that was born on the first of June 1990. “Politically South Africa was in chaos... →
Sibanye-Stillwater addresses multi-front Covid-19 social upliftment
By: Donna Slater 9th October 2020 Precious metals miner Sibanye-Stillwater has undertaken several social upliftment initiatives in South Africa since the outbreak of Covid-19, including financial support for non-working employees, financial contributions to relief funds, providing potable water and sanitisation solutions,... →
Hatch and LTK confirm integration discussions
2nd October 2020 Hatch and LTK confirm that they are in the final stages of negotiating an integration of the two firms. These discussions have been very productive and both organizations agree that they are closely aligned with similar long-term goals and a desire to help their collective clients solve their... →
RWE's giant coal-era excavator draws high demand
By: Reuters 1st October 2020 RWE has received 45 bids for one of its giant bucket-wheel excavators used in mining that it put up for sale in an online auction earlier this year, Germany's largest power producer has said. The 3 500-tonne "Bagger 275" is the smallest of RWE's 22-strong excavator fleet and has a capacity of 60... →
Armscor – Providing Cost Effective And Efficient Defence Solutions
24th September 2020 The Armaments Corporation of South Africa SOC Limited (Armscor) is an acquisition agency for the South African Department of Defence. Its mandate is to provide armed forces with the state-of-the-art defence materiél required to provide safety and security for South Africa, its citizens and the... →
Hydrogen, platinum fund sets up shop in South Africa with dollars to invest
By: Martin Creamer 11th September 2020 London-headquartered AP Ventures, an independent venture capital fund focussed on investing in early-stage companies that use or enable the use of platinum group metals (PGMs), has established a presence in South Africa. AP Ventures founding partner Kevin Eggers told this week’s virtual 2020 PGMs... →
Gold fever in 2020 means exchange-traded funds
By: Bloomberg 24th August 2020 In the nineteenth century California gold rush, the surest way to a fortune, according to Mark Twain, was to be in the “pick and shovel business.” If 2020 gold fever has an equivalent, it’s the exchange-traded fund (ETF) business. →
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