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SA’s largest boat builder eyes growing share of global ocean-cruising catamaran market
3rd May 2024 By: Irma Venter

It’s easy to overlook the sheer magnitude of Robertson and Caine’s (R&C’s) operations in Cape Town. The company’s ten boat-building factories and assembly lines are dotted across the city – from Woodstock to Paarden Island to Montagu Gardens, with... 


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Magazine round up | 03 May 2024
Magazine round up | 03 May 2024
3rd May 2024

A video round up of this week’s magazine, highlighting our cover story, features and Business Leader.  


South African tech startups have three more days to enter Irish Tech Challenge
2nd May 2024 By: Darren Parker

High-impact South African startups have until May 5 to submit their applications for the Irish Tech Challenge South Africa, which promises to provide winners global market access. The challenge is... 


RAF launches campaign to deal with unfinalised claims
2nd May 2024 By: Sabrina Jardim

Amid a current backlog of around 321 000 unfinalised claims, the Road Accident Fund (RAF) has launched a campaign to reduce claims submitted before April 2021 that have yet to be finalised. The... 


Thero Setiloane.
Thungela announces passing of Thero Setiloane
2nd May 2024 By: Martin Creamer

Johannesburg Stock Exchange-listed coal mining company Thungela Resources has announced the passing of Thero Setiloane, who served as an independent nonexecutive director of the company. “His... 


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Energy Council welcomes passing of Climate Change Bill
2nd May 2024 By: Tasneem Bulbulia

Industry organisation the Energy Council of South Africa has welcomed the passing of the Climate Change Bill by Parliament on April 25. “The Climate Change Bill is a critical piece of legislation... 


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City of Joburg working on 'innovative measures’ to reduce power outages, promises Mayor Gwamanda
2nd May 2024 By: Thabi Shomolekae

City of Johannesburg mayor Kabelo Gwamanda announced on Thursday that the City intends to add an additional 50 MW of power to its grid by bringing online the Durban Street Substation, in the next... 


Anglo bidder BHP intends maintaining long-standing JSE listing
2nd May 2024 By: Martin Creamer

Diversified mining major BHP, which has made a rejected proposal to combine with Anglo American by way of a scheme of arrangement, confirmed on Thursday that it intended maintaining its... 


Air passenger demand continues strong growth, reports IATA
2nd May 2024 By: Rebecca Campbell

Total air passenger demand grew by 13.8% in March, in year-on-year (y-o-y) terms, the International Air Transport Association (IATA) reports. (IATA is the global representative body for the airline... 


CMB CEO Alexander Saverys
Shipping tycoon sees first Namibia hydrogen output by year-end
2nd May 2024 By: Bloomberg

Cie Maritime Belge (CMB), a Belgian shipping company, expects green hydrogen production in Namibia to start in the fourth quarter, a project that could see $3.5-billion in investment over the next... 


IATA reports continued strong air cargo growth in March
2nd May 2024 By: Rebecca Campbell

The International Air Transport Association (IATA) has reported that March was the fourth month in a row in which global air cargo demand grew by double digits, in year-on-year (y-o-y) terms. IATA... 


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Absa PMI rises to 54 in April on the back of improved business activity
2nd May 2024 By: Creamer Media Reporter

The seasonally adjusted Absa Purchasing Managers’ Index (PMI) improved to 54 in April, following a dip to 49.2 – below the neutral 50-point mark – in March, on the back of improved business... 


AMSA CEO Kobus Verster
Opinion: Pollution in the Vaal Triangle – progress, but more must be done
2nd May 2024

In this article, ArcelorMittal South Africa (AMSA) CEO Kobus Verster writes that industry across the Vaal Triangle, together with responsible corporate citizens in the steel industry, must... 


Barrick’s Mark Bristow greets Tanzania Minerals Minister Anthony Mavunde at African training academy, which is augmenting the closing Buzwagi mine’s transformation into a 3 000-job-a-year special economic zone with airport terminal.
Discovery, development are mining’s only true value creation drivers, Barrick highlights
2nd May 2024 By: Martin Creamer

Discovery and development are the only true drivers of value creation in the mining industry, Barrick president and CEO Dr Mark Bristow highlighted on Wednesday, when this standout gold and copper... 


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Rossouw to step down as Sasol CFO in October
2nd May 2024 By: Marleny Arnoldi

Petrochemicals company Sasol has announced that CFO and executive director Hanré Rossouw will step down from his position, effective October 31. Sasol has started the process to appoint a... 


Baker Hughes builds first Namibian mud plant as exploration surges
2nd May 2024 By: Reuters

Energy technology company Baker Hughes will construct a new liquid mud plant, and a separate assembly, maintenance and repair base at Namibia's Walvis Bay to cater to booming offshore exploration... 


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Magazine

Magazine round up | 03 May 2024
Magazine round up | 03 May 2024

A video round up of this week’s magazine, highlighting our cover story, features and Business Leader.  

LOGISTICS CRUNCH: Kumba Iron Ore reported a 10% fall in first quarter sales due to port equipment challenges. The Anglo American company reduced production by 2% to 9.3-million tons in line with its strategy to match output to available logistics capacity. Ore taken to port by Transnet Freight Rail was flat at 9.4-million tons, but sales declined to 8.5-million tons because of problems at the Port of Saldanha. Photograph: Reuters
LOGISTICS CRUNCH

Kumba Iron Ore reported a 10% fall in first quarter sales due to port equipment challenges. The Anglo American company reduced production by 2% to 9.3-million tons in line with its strategy to... 

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South Africa must encourage budding Northern Cape base metals richness to unfold fully

Exploration drilling in South Africa’s Northern Cape is highlighting the richness of dormant base metals precincts there. An intercept reported last week sent the shares of the company involved... 

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In the weeds

South Africa has gone some way in starting to reform its electricity industry, which has been failing the country visibly for nearly two decades. As these changes are published, consulted and... 

Business Leader

 John Harris, executive director: business solutions and finance at Infinitus Reporting Solutions
John Harris

This week we profile John Harris, executive director: business solutions and finance at Infinitus Reporting Solutions, a provider of software and services in the corporate performance management space 

COALITION MATHS: With the polls suggesting that the African National Congress is unlikely to secure an outright majority in this year’s election, much attention is being given to coalition politics. While this is arguably an inevitable outcome of our proportional-representation system, many voters are rightfully concerned, given the poor performance of many municipal coalitions.
COALITION MATHS

With the polls suggesting that the African National Congress is unlikely to secure an outright majority in this year’s election, much attention is being given to coalition politics. While this is... 

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