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Koeberg nuclear power station
Koeberg nuclear power station
Nuclear Regulator grants Eskom permission to extend life of Koeberg Unit 1 to July 2044
15th July 2024 By: Terence Creamer

South Africa’s National Nuclear Regulator (NNR) board has approved a 20-year life extension for Koeberg Unit 1, but has deferred a decision on the nuclear power station’s Unit 2 until late 2025, owing to the fact that an assessment of the second... 


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Williamson diamond mine at steady state.
Petra expects diamond prices to show modest recovery in 2025
Updated 4 hours ago By: Martin Creamer

With market fundamentals providing pricing support in the medium- and longer-term, London-listed diamond mining and marketing company Petra Diamonds expects diamond prices to show modest recovery... 


Sappi sells Lanaken mill site for €50m
15th July 2024 By: Schalk Burger

After closing the Sappi Lanaken mill, in Belgium, in December, following the company's announcement to reduce production capacity for graphic paper in Europe, Sappi has concluded an agreement with... 


Sasfin offers minorities 65% premium for shares, plans delisting
15th July 2024 By: Bloomberg

Sasfin Holdings made an offer to minority shareholders that values the South African financial-services company at R969-million and plans to delist from the JSE as it refocuses its business. The... 


Hive Hydrogen GM Colin Loubser
Green ammonia ousting coal in power stations, R105bn hydrogen developer reports
15th July 2024 By: Martin Creamer

Huge demand for green ammonia from power stations is being seen by the developer of South Africa’s R105-billion green hydrogen to green ammonia project in the Eastern Cape. But this new development... 


Gauteng Growth and Development Agency acting group CEO Saki Zamxaka
DBSA hosts African delegates as govt drives energy investment mission
15th July 2024 By: Marleny Arnoldi

With the African continent being home to the majority of the 700-million people worldwide with no access to electricity and clean cooking technology, energy investment in the region is deemed... 


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An Embraer ERJ140 of Airlink
Airlink increases the number of its Durban-Harare flights
15th July 2024 By: Rebecca Campbell

South African regional and domestic airline Airlink announced on Monday that it would increase the frequency of its flights between South Africa’s main Indian Ocean coast city, Durban, in... 


Parliamentary Defence Committee concerned about underfunding of SANDF deployments 
15th July 2024 By: Rebecca Campbell

The new Parliamentary Portfolio Committee on Defence and Military Veterans regards the proper funding of the South African National Defence Force (SANDF) as a matter of the “utmost urgency”, it has... 


Redefine executes on water resilience strategy
15th July 2024 By: Natasha Odendaal

As concern increases over the possibility of further water outages in South Africa, JSE-listed Redefine Properties is developing further storage capacity and enhancing existing backup capacity, in... 


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South Africa plans US mission to lobby against review of ties
15th July 2024 By: Bloomberg

South Africa’s newly formed government will use an upcoming forum on US preferential trade access to push back against a Senate review of ties between the two countries. The House of... 


A Bell Equipment vehicle
IAB offers to buy remaining Bell Equipment shares, plans to delist the company
15th July 2024 By: Schalk Burger

Investment holding company IAB, which is owned by representatives of the founding family and affiliates of Bell Equipment and holds 70.13% of the company's issued shares, has offered to buy the... 


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Nuclear industries association welcomes proposed new nuclear build programme
15th July 2024 By: Rebecca Campbell

The Nuclear Industry Association of South Africa (Niasa) has “warmly” welcomed Energy and Electricity Minister Dr Kgosientsho Ramokgopa‘s “significant” announcement that the country is close to... 


The Port of Durban
Promising effect of new Cabinet consolidating – BLSA
15th July 2024 By: Schalk Burger

"The positive sentiment sparked by the Government of National Unity (GNU) is consolidating," business lobby Business Leadership South Africa (BLSA) CEO Busi Mavuso states in her latest weekly... 


Gauteng Finance and Economic Development MEC Lebogang Maile
Gauteng Provincial Treasury aims to tackle challenges, boost infrastructure
15th July 2024 By: Natasha Odendaal

South Africa’s biggest provincial economy, and the fourth biggest economy in Africa, continues to face significant challenges, including unemployment and a high cost of living. Gauteng’s... 


Image of DWS Gauteng provincial head Justice Maluleke
DWS and strategic partners urge industries to reduce water demand, fix water leaks
15th July 2024 By: Natasha Odendaal

Through the South Africa-Denmark Strategic Sector Cooperation (SSC) on water, the Department of Water and Sanitation (DWS) and its partners are actively engaging with industries to prioritise water... 


Maersk tankers and competitors bet billions on ammonia fuel carriers
15th July 2024 By: Bloomberg

Some of the biggest names in shipping are betting billions of dollars on tankers to transport a type of ammonia that’s scarcely being produced today — wagering it will become integral to the... 


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Magazine round up | 12 July 2024

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

MORE LITHIUM: Four new Argentinian lithium projects are set to enter production in the coming months, which will almost double the country’s production capacity. Built on salt lakes nestled in the Andes mountains in South America’s so-called lithium triangle, Bloomberg notes that the extra production comes when buyers are already well supplied and prices are under pressure. Photograph: Bloomberg.
MORE LITHIUM

Four new Argentinian lithium projects are set to enter production in the coming months, which will almost double the country’s production capacity. Built on salt lakes nestled in the Andes... 

Photo of Martin Creamer
Faster economic growth is a must because it serves the interests of everyone

It has been estimated that an increase in gross domestic product (GDP) from 1% to 2.5% would create an additional 21-million jobs within a decade and add something like R330-billion a year to the... 

Photo of Terence Creamer
Rewards and risks

The decision to again uncouple the energy portfolio from mineral resources and appoint Dr Kgosientsho Ramokgopa as the new Electricity and Energy Minister in the government of national unity has... 

Business Leader

Grant Sboros, CEO of Euro Sun Mining
Grant Sboros

This week we profile Grant Sboros, CEO of Euro Sun Mining, the developer of the Rovina Valley project, in west-central Romania, one of Europe’s largest gold/copper projects 

CHAIRS AT THE TABLE: South Africa’s government of national unity is unquestionably the best outcome from what was a potentially treacherous political moment. Given the number of issues and interests at stake, it is also no surprise that the number of Ministerial seats at the Cabinet table has increased. It is nevertheless ironic, given that some of those occupying them were among the most vociferous critics of the previous ‘bloated’ Cabinet.
CHAIRS AT THE TABLE

South Africa’s government of national unity is unquestionably the best outcome from what was a potentially treacherous political moment. Given the number of issues and interests at stake, it is... 

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VEGA Controls SA (Pty) Ltd
VEGA Controls SA (Pty) Ltd

For over 60 years, VEGA has provided industry-leading products for the measurement of level, density, weight and pressure. As the inventor of the...

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GreaseMax
GreaseMax

GreaseMax is a chemically operated automatic lubricator.

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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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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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