Vivo Energy and Engen have merged into a combined group to create one of Africa’s largest energy distribution companies that will have more than 3 900 service stations and more than two-billion litres of storage capacity across 27 African countries. Oil and gas multinational Petronas will sell its 74% shareholding in Engen to Vivo Energy. [...]

President Cyril Ramaphosa’s State of the Nation Address (SoNA) on February 9 has evoked mixed responses from trade unions, industry associations, academia and businesses, with some taking to the courts against the State of Disaster declaration in respect of the country’s electricity crisis. Political party the Democratic Alliance (DA) and trade union Solidarity have announced [...]

President Cyril Ramaphosa announced that he would be appointing a new Minister of Electricity in The Presidency coordinate the response to the electricity crisis, which has now officially been declared a “national disaster” with immediate effect. In his seventh State of the Nation Address on February 9, which was initially disrupted by the Economic Freedom [...]

The South African National Roads Agency Limited (Sanral) will invest more than R60-billion on road infrastructure projects in the Eastern Cape, the agency's southern region stakeholder coordinator Welekazi Ndika said during an engagement session with members of the Eastern Cape House of Traditional Leaders this week. She did not provide a timeframe for the investments.

Consulting, engineering, construction and mobility services company Egis has received the signature of a contract with the government of Guinea to act as technical adviser for the construction of the Simandou iron-ore mining project’s infrastructure. Located 550 km southeast of Conakry, the project includes the construction of a 650 km railway line – the Transguinean [...]

A blistering rally in the cobalt market is turning into a rout, putting pressure on miners and offering tentative cost relief for carmakers after a surge in battery metal prices last year. Cobalt rallied sharply early in 2022 as demand for electric vehicles surged. But while automotive usage is still rising, there’s been a sharp [...]

ArcelorMittal South Africa (AMSA) expects initial construction work on a 200 MW renewable-energy plant in Vanderbijlpark, Gauteng, to begin during the fourth quarter of 2023, with a feasibility study into the solution nearing completion. The solar photovoltaic project is expected to cost R4-billion to construct and the facility will be built and operated by a [...]

State-owned logistics company Transnet plans to shrink the 20 000 km freight rail network it operates by at least 35% as it focuses on delivering more profitable cargo loads. Transnet, which also runs the nation’s main ports and pipelines, has been hobbled by a shortage of locomotive parts, the theft of cables used to operate [...]

Major South African mining company Exxaro Resources had based its ambitions regarding the global decarbonisation process on its realisation that its own transition process had to be inclusive, assured the group’s Executive Head: Sustainability, Mongezi Veti. He was participating in a panel discussion at the Investing in African Mining Indaba 2023, in Cape Town, on [...]

CAPE TOWN (miningweekly.com) – Renewable energy capacity will increase by 8% to 320 GW this year, Ivanhoe Mines founder and CEO Robert Friedland told the Investing in African Mining Indaba on Wednesday at an event themed on the comment of deceased US president John F Kennedy that the moon launch was being undertaken “not because [...]

The 91% black-owned and -controlled Seriti Resources was seen at the Investing in African Mining Indaba as setting a compelling example by generating wind energy to decarbonise its coal mining operations while at the same time going full tilt in supplying coal to Eskom and helping to eliminate South Africa’s loadshedding curse. Seriti Resources CEO [...]

Planned spending on capital projects in South Africa plunged 37% last year as the state scaled back expenditure, and the downswing is likely to continue in 2023, economists at Nedbank Group said. The value of new projects announced fell to R248.5-billion from R392.7-billion in 2021, Johannes Khosa, Crystal Huntley and Nomusa Soza said in a [...]