A security company responsible for safeguarding a gold treatment plant belonging to Mintails on the West Rand withdrew last week, citing “financial constraints”. The evacuation, which follows the liquidation of the embattled mining company and its subsidiaries, has left the door wide open to zama-zamas and looters, who are plundering the facility and driving their [...]

MTN Group's biggest shareholder is pushing for changes at Africa’s largest mobile-phone company to avoid the regulatory, legal and political disputes that have cut its share price by more than half over the past four years. The Public Investment Corporation built a 26% stake in Johannesburg-based MTN by late November and used that to call [...]

South African Airways’ (SAA's) prospects of surviving in its current form took a hit over the weekend when news broke that CEO Vuyani Jarana quit over a lack of government support. The National Treasury isn’t committing to an agreement to put R21.7-billion toward the State-owned carrier’s 2021 break-even plan, Jarana said in a four-page resignation [...]

The Organisation Undoing Tax Abuse has responded to South African Airways group CEO Vuyani Jarana’s resignation, saying it is a sign that the national carrier cannot be saved as long as it is wholly State-owned. SAA confirmed Jarana’s resignation on Sunday evening, adding that his four-page resignation letter had been accepted by SAA chair JB [...]

The Steel and Engineering Industries Federation of South Africa (Seifsa) has welcomed the official start of the African Continental Free Trade Area (AfCFTA) at the end of May. AfCGTA provides access to a continent-wide market of around 1.2-billion people, and is worth $2.5-trillion.

Primary steel producer ArcelorMittal South Africa (AMSA) has, over the past ten years, invested more than R1.3-billion in environmental capital expenditure (capex) and maintenance projects to improve the company’s environmental footprint. AMSA tells Engineering News Online that it continues to adapt its environmental strategy to ensure the company complies with relevant environmental legislative frameworks.

The nine provinces have spent R591.2-billion, or 98.8%, of their adjusted budget of R598.6-billion, according to the preliminary outcomes of the provincial revenue and expenditure report for 2018/19. "This represents an increase of 6.3%, or R35.1-billion, compared to the R556.1-billion spent in 2017/18," the National Treasury said in a statement.

The environmental affairs department (DEA) has welcomed the Supreme Court of Appeal (SCA) in Bloemfontein's judgment this week upholding, with costs, the appeal by the Gauteng agriculture and rural development department (GDARD) against the findings of the High Court in Pretoria with respect to the validity of a Compliance Notice issued by an environmental management [...]

Transport Minister Fikile Mbalula has instructed the Railway Safety Regulator (RSR) to prioritise its investigation into the crash involving a Transnet tamping machine carrying out railway track maintenance and a new Metrorail train at Eerste Fabrieke Station in Mamelodi in Pretoria, injuring at least 57 people, on Saturday evening. Mbalula expressed well-wishes and a speedy [...]

The appointment of Gwede Mantashe as the Minister of Mineral Resources and Energy has been welcomed by the South African Independent Power Producer Association (SAIPPA), which described as “massive” the challenges he, Deputy Energy Minister Bavelile Hlongwa and the rest of their team faced. The association spoke of the appointments taking place against the backdrop [...]

American Tower agreed to buy Eaton Towers for about $1.85-billion including debt as one of the few international providers of telecommunications infrastructure expands in the fast-growing African market. Both companies have sites in countries such as Ghana and Kenya, and the deal will enable American Tower to build more on the continent, the Boston-based company [...]

Two transportation companies contracted to build billions of rands' worth of locomotives for Transnet had "no justification" for hiking costs by R1.25-billion as a relocation fee, the State capture commission heard on Friday. The commission of inquiry has been investigating allegations of state capture, corruption and fraud since August 2018.