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ArcelorMittal South Africa CEO Kobus Verster
ArcelorMittal South Africa CEO Kobus Verster
AMSA to continue operating longs business, but instability at flats unit hits earnings
2nd July 2024 By: Terence Creamer

Despite a negative trading update, steel producer ArcelorMittal South Africa (AMSA) has announced that it will continue to operate its longs business, the closure of which was deferred earlier this year while various initiatives aimed at saving... 


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Fireblade Aviation prepares for growth in private aviation
Updated 6 hours ago By: Schalk Burger

Private aviation company Fireblade Aviation has positioned each of its divisions to grow as international demand for aviation resources increases, particularly private aviation over the past three... 


IATA urges South Africa to prioritise country’s aviation sector
Updated 7 hours ago By: Rebecca Campbell

The global representative body for the airline industry, the International Air Transport Association (IATA), on Tuesday called on the new South African Government to continue to prioritise aviation... 


A Boeing 737 MAX 10
Major restructuring in global aerospace sector confirmed – Boeing, Airbus, absorb Spirit
2nd July 2024 By: Rebecca Campbell

In one of the most important merger and acquisition deals in the global aerospace sector in years, US-based Boeing has announced that it is acquiring another large US group, aerostructures... 


African Rainbow Minerals Executive Growth Jacques van der Bijl.
High hopes for potentially game-changing technology at platinum group metal mines
Updated 7 hours ago By: Martin Creamer

Development of an innovative new mining method for narrow tabular steep dipping orebodies has reached an advanced stage after four years of effort. The reef boring machine that has already been put... 


Cesa welcomes Macpherson's appointment as Public Works Minister
1st July 2024 By: Schalk Burger

Industry organisation Consulting Engineers South Africa (Cesa) says it looks forward to working with new Public Works and Infrastructure Minister Dean Macpherson. “We trust [he] will be more... 


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Absa PMI rises, but remains below 50-point mark amid persisting challenges
1st July 2024 By: Schalk Burger

The Absa Purchasing Managers’ Index (PMI) increased by 1.9 points to 45.7 points in June, from 43.8 in May, but remained below the 50-point mark. Following a strong start to the second quarter,... 


The Kusile power station
Kusile unit 5 enters commercial operation
1st July 2024 By: Schalk Burger

Following six months of testing and optimisation, State-owned Eskom has transferred Unit 5 of the Kusile Power Station to its Generation division, and this unit will now begin contributing power,... 


Pallinghurst Co-Chief Executive and Co-Founder Arne Frandsen.
Investors very positive on South Africa's unity govt, says Pallinghurst's Arne Frandsen
1st July 2024 By: Martin Creamer

Amongst all our investors, there’s a very broad support for South Africa’s government of national unity initiative, says Pallinghurst Co-Chief Executive and Co-Founder Arne Frandsen. “I think it’s... 


transmission towers
NTCSA starts trading
1st July 2024 By: Darren Parker

The National Transmission Company South Africa (NTCSA) has officially begun trading, establishing the NTCSA as a duly constituted separate, distinct and wholly owned subsidiary of State-owned... 


Macadamia farm in South Africa
Agriculture sector upbeat about Steenhuisen’s appointment as Minister
1st July 2024 By: Marleny Arnoldi

Industry body Agri SA has welcomed Democratic Alliance leader John Steenhuisen’s appointment as the new Agriculture Minister, as well as Mzwanele Nyhontso’s appointment as Land Reform and Rural... 


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Dr Kgosientsho Ramokgopa speaking during an Eskom power station visit while still Electricity Minister
Separation of energy portfolio and Ramokgopa’s appointment praised amid rising energy-transition complexity
1st July 2024 By: Terence Creamer

The decision to establish a separate energy portfolio with the African National Congress’s Dr Kgosientsho Ramokgopa as Minister and the Democratic Alliance’s Samantha Graham as Deputy Minister has... 


Image of Water and Sanitation Minister Pemmy Majodina
Majodina named Water and Sanitation Minister
1st July 2024 By: Natasha Odendaal

Pemmy Majodina has been appointed Water and Sanitation Minister, replacing Senzo Mchunu, who has been named as Police Minister, as South Africa’s seventh administration is formed. David Mahlobo... 


Image of Kia South Africa CEO Paul Turnbull
Kia South Africa’s new CEO seeks to push market share beyond 5% by 2026
1st July 2024 By: Irma Venter

Kia South Africa has appointed Paul Turnbull as its new CEO. Turnbull joins the Korean brand from sibling Hyundai Automotive South Africa. He succeeds Gary Scott, who takes up the position of chief... 


Image of Transport Minister Barbara Creecy
Steady hand needed as seventh Transport Minister appointed in 15 years – AA, Outa
1st July 2024 By: Irma Venter

Newly appointed Transport Minister Barbara Creecy is the eleventh minister in this portfolio since 1994, which is a cause for concern as continuity within government departments is vital, says the... 


Image of Communications and Digital Technologies Minister Solly Malatsi
South Africa gets new Communications Minister
1st July 2024 By: Natasha Odendaal

President Cyril Ramaphosa has appointed the Democratic Alliance’s Solly Malatsi as Communications and Digital Technologies Minister as the Government of National Unity’s Cabinet is formed. He... 


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Magazine

Magazine round up | 28 June 2024
Magazine round up | 28 June 2024

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

LINES AUCTIONS: The head of South Africa's Independent Power Producer Office, which oversees the public procurement of renewable energy, believes it is feasible to set up a similar agency to facilitate private investment in transmission infrastructure (see also page 14) . “It’s not going to be a cut and paste into the transmission space,” Bernard Magoro stressed at a recent conference, noting that different companies with the requisite skills would need to be encouraged to bid. Photograph: Bloomberg
LINES AUCTIONS

The head of the Independent Power Producer Office, which oversees the public procurement of renewable energy, believes it is feasible to set up a similar agency to facilitate private investment in... 

Photo of Martin Creamer
Improved economy, good job creation, much better service delivery are GNU musts

What South Africans must collectively demand from the Government of National Unity (GNU) is commitment to interventions that lift the performance of the South African economy, attract investment,... 

Photo of Terence Creamer
Lack of transparency

The tapering of loadshedding has arguably provided the Eskom board and executive team with some much-needed time and space to consider the future of the business without the daily distraction of... 

Business Leader

Jarmi Steyn, COO at Canyon Coal
Jarmi Steyn

This week we profile Jarmi Steyn, COO at Canyon Coal, a coal exploration, mining and processing company 

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HIGH-WIRE ACT

The maturity shown by South Africa’s political parties following what was the country’s most competitive elections since the advent of democracy was truly impressive. The fact that a government of... 

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Condra Cranes
Condra Cranes

ISO-certified Condra manufactures overhead cranes, portal cranes, cantilever cranes and crane components: hoists, drives, end-carriages, brakes and...

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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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Flameblock
Flameblock

FlameBlock is a proudly South African company that engineers, manufactures and supplies fire intumescent and retardant products to the fire...

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Universal Storage Systems (SA)
Universal Storage Systems (SA)

South African leader in Steel -Racking, -Shelving, and -Mezzanine flooring. Universal has innovated an approach which encompasses conceptualising,...

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