Johannesburg Stock Exchange-listed Thungela Resources is poised to spend R3.9-billion worth of capital in South Africa going forward. An estimated R1.3-billion of this capital expenditure (capex) is scheduled to be spent in the next six months and a further R800-million in the final six months of the company’s financial year to end June 2025.

Eskom CEO Dan Marokane has confirmed that the National Transmission Company South Africa (NTCSA) is on track to begin trading on July 1 and that the new entity was being set up to operate as a fully independent subsidiary even though it would continue to be owned by Eskom Holdings and be located on the [...]

Transnet said it’s in talks to run additional trains between a port in Gqeberha in the Eastern Cape province and the country’s commercial hub of Gauteng to better link the two automotive manufacturing hubs. The state freight rail and ports company has faced withering criticism from carmakers to coal and iron ore miners as its [...]

DP World plans to spend $3-billion over the next three to five years on new port infrastructure in Africa to meet long-term growth that includes surging demand for critical mineral exports. “The cost of logistics and supply chain across Africa is very high relative to other global markets,” which presents a good opportunity, Mohammed Akoojee, [...]

In this article, Webber Wentzel senior associate Francois Sieberhagen writes about the implications of the Supreme Court of Appeal's (SCA's) judgment in the case of Minister of Mineral Resources and Energy & Three Others vs Sustaining the Wild Coast NPC and Eight Others.

The effects of climate change are becoming increasingly evident and yet a key component of the fight to preserve lives and livelihoods, namely adaptation funding, has stagnated, according to attendees of last month’s Africa Climate Roundtable. The event – hosted by African Risk Capacity (ARC), alongside various climate- and development-focused organisations, including the Africa Adaptation [...]

Analysis by policy think tank the International Institute for Sustainable Development (IISD) showed that seven of the 20 largest fossil fuel producing countries make no mention of fossil fuel production in their nationally determined contributions (NDCs) and six others stated an intention to continue or increase production. “In a world that has agreed to transition away [...]

The families of two South African engineers, Peter Huxham (55) and Frik Potgieter (54), who have been unlawfully held as State hostages in Equatorial Guinea since February 9, 2023, have launched an online petition, as well as a website and social media campaign to demand their urgent release. Huxham and Potgieter have been caught in [...]

The revenue of South Africa’s quickly advancing Northern Cape copper mining company Copper 360, the only pure copper play on the Johannesburg Stock Exchange, is forecast by the company to have risen sharply by the end of February next year. The AltX-listed company headed by CEO Jan Nelson, is guiding revenue of R1.2-billion to R1.9-billion [...]

JSE-listed fast-moving consumer goods manufacturer Premier Group has reported a robust set of results for the year ended March 31, with an 18.6% year-on-year increase in earnings before interest, taxes, depreciation and amortisation (Ebitda) to R2.1-billion. This compares with Ebitda of R1.7-billion reported for the prior financial year.

Thirty-eight percent of 3 000 risk management professionals and business leaders agree that natural catastrophes, fire and explosion risks are emerging as primary concerns in the engineering, construction and real estate industries. According to Allianz Risk Barometer, respondents to its survey said natural disaster risks were followed by business interruption, macroeconomic developments and cyber-incidents as concerns [...]

Energy company Hive Hydrogen’s incoming R105-billion green ammonia plant in the Coega Industrial Development Zone, in Gqeberha, will create major opportunities for green industrial development and economic diversification in Nelson Mandela Bay. Nelson Mandela Bay Business Chamber (NMBBC) as an active facilitator of economic growth in the bay, is positioning itself to unlock all emerging [...]