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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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Electricity lightbulb
The lights are on in South Africa and many people are suspicious
Updated 1 hour 33 minutes ago By: Bloomberg

South Africa is enjoying a rare streak of uninterrupted electricity right before elections, drawing more suspicion than praise in a nation that’s become accustomed to the daily power cuts that have... 


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... 


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Former Audi SA head moves to Ford as sales director
2nd May 2024 By: Irma Venter

Ford South Africa has appointed Ryan Searle as its new sales director, effective May 1. Searle joins Ford after six years as the head of Volkswagen passenger sales where he was responsible for... 


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Lower income consumers are being priced out of the car market – TransUnion
2nd May 2024 By: Irma Venter

TransUnion Africa CEO Lee Naik says a tough economic environment characterised by cost-of-living challenges, high fuel costs and currency depreciations have resulted in a notable decline in vehicle... 


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... 


Mulilo chairperson Jan Oberholzer with new CEO Jan Fourie
New Mulilo CEO says South Africa’s renewables, storage markets poised for exponential growth
2nd May 2024 By: Terence Creamer

Independent power producer Mulilo reports that Jan Fourie has officially assumed the role of CEO, where he will oversee the company’s growth ambitions in South Africa’s public-procurement and... 


An image of Energy Council CEO James Mackay
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... 


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blast furnace at AMSA
AMSA to convert one Vanderbijlpark blast furnace to an electric arc furnace by 2028
2nd May 2024 By: Darren Parker

Steelmaker ArcelorMittal South Africa (AMSA) CEO Kobus Verster has confirmed that the company will be converting one of its three blast furnaces into an electric arc furnace (EAF) within 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... 


AMSA's Vanderbijl Park facility with open ground in the foreground
AMSA expects to break ground on Vanderbijlpark’s 200 MW solar plant this year
2nd May 2024 By: Darren Parker

Steelmaker ArcelorMittal South Africa (AMSA) is planning to start construction on a 200 MW solar photovoltaic (PV) power plant at its Vanderbijlpark facility, in Gauteng, towards the end of the... 


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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... 

Photo of Martin Creamer
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... 

Photo of Terence Creamer
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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M and J Mining
M and J Mining

M and J Mining are leading suppliers of physical support systems as used by the underground mining industry. Our selection of products are not...

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Rio-Carb
Rio-Carb

Our Easy Access Chute concept was developed to reduce the risks related to liner maintenance. Currently, replacing wear liners require that...

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Weir Minerals Africa and Middle East
Weir Minerals Africa and Middle East

Weir Minerals Europe, Middle East and Africa is a global supplier of excellent minerals solutions, including pumps, valves, hydrocyclones,...

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SMS group
SMS group

At SMS group, we have made it our mission to create a carbon-neutral and sustainable metals industry.

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