AECI grows Ebitda, Ebitda margin; to invest in plants and equipment in 2026
JSE-listed mining and chemicals multinational AECI posted revenue of R32.1-billion for the year ended December 31, 2025, which was down 4% on the prior year; however, it achieved record earnings before interest, taxes, depreciation and amortisation (Ebitda) of R3.4-billion and improved its Ebitda margin to 11% from 9% in the prior year. The company has [...]
Sandsloot project has potential to ‘truly move needle’, excited Valterra Platinum reports
“No doubt, you're all keen for an update on the Sandsloot underground project, not only because it's genuinely exciting, but because it has the potential to truly move the needle, and here’s why this project has the potential to be a significant strategic catalyst for Valterra Platinum.” That was how Valterra Platinum CEO Craig Miller [...]
Eskom to distribute power in debt-stricken South African towns
Eskom Holdings will be allowed to take over the distribution of electricity in South African municipalities that collectively owed the state utility R85.2-billion at the end of last year. The government has offered support to local authorities that have fallen into arrears due to weak revenue generation, poor credit controls and other financial pressures. But only 15 [...]
Planned R20bn tax increase withdrawn from 2026 Budget
Finance Minister Enoch Godongwana announced during his 2026 Budget speech on February 25 that a R20-billion tax increase that was previously earmarked for the 2026 Budget has been withdrawn and personal income tax (PIT) brackets, as well as medical tax credits, will be fully adjusted for inflation after two years of no inflationary relief. Tax [...]
Treasury withdraws planned R20bn tax increase from 2026 Budget
Finance Minister Enoch Godongwana announced during his 2026 Budget speech on February 25 that a R20-billion tax increase that was previously earmarked for the 2026 Budget has been withdrawn and personal income tax (PIT) brackets, as well as medical tax credits, will be fully adjusted for inflation after two years of no inflationary relief. Tax [...]
Agriculture sector should benefit from wider macroeconomic, fiscus improvements
The agriculture and rural development sector has been allocated R39.5-billion of dedicated government spending in 2026/27, as part of National Treasury’s R283-billion economic development budget segment. The 2026 Budget, which was presented by Finance Minister Enoch Godongwana on February 25, introduces a new national government focus on growth-enhancing capital investment as the fastest growing item [...]
Agri should benefit from wider macroeconomic, fiscus improvements
The agriculture and rural development sector has been allocated R39.5-billion of dedicated government spending in 2026/27, as part of National Treasury’s R283-billion economic development budget segment. The 2026 Budget, which was presented by Finance Minister Enoch Godongwana on February 25, introduces a new national government focus on growth-enhancing capital investment as the fastest growing item [...]
Treasury targets more savings after R12bn identified under TARS scheme
The National Treasury reports that R12-billion in savings has been identified for the coming three years as a result of its Targeted and Responsible Savings (TARS) initiative, which requires departments to interrogate programme efficiency and effectiveness when seeking funds. “Overall, the first round of this process has identified R12-billion in wasteful or ineffective programmes. Over [...]
Valterra Platinum’s market cap soars to R450bn, final R11.5bn dividend declared
The market capitalisation of South Africa’s Valterra Platinum has soared to R450-billion from R300-billion at year-end and a gross final 2025 dividend of R11.5-billion has been declared. Earnings before interest, taxes, depreciation and amortisation increased by 68%, to R33.4-billion, supported by a 22% increase in the rand basket price and R5-billion of additional cost reductions, [...]
Valterra Platinum’s market cap of soars to R450bn, final R11.5bn dividend declared
The market capitalisation of South Africa’s Valterra Platinum has soared to R450-billion from R300-billion at year-end and a gross final 2025 dividend of R11.5-billion has been declared. Earnings before interest, taxes, depreciation and amortisation increased by 68%, to R33.4-billion, supported by a 22% increase in the rand basket price and R5-billion of additional cost reductions, [...]
Aluminium poised to support low-carbon future, support energy transition
Aluminium is going to be very important going forward, supporting a low-carbon future for the planet, which is why it is so advantageous for South Africa to have an upstream smelter in a country which sustains downstream beneficiation and jobs, argued diversified miner South32 COO Noel Pillay during the Aluminium Federation of South Africa’s International [...]
Aveng narrows basic interim loss to A$1.5m
Infrastructure and contract mining group Aveng has reported higher gross earnings of A$69.4-million for the six months ended December 31, compared with the prior half-year's gross earnings of A$38.3-million. Interim group CEO David Simpson says revenue was, however, lower at A$1.2-billion, compared with revenue of A$1.4-billion in the prior comparable six months, owing to an anticipated [...]