World Bank warns largest energy price surge in four years will drive inflation

Energy prices are projected to surge by 24% this year to their highest level since Russia’s invasion of Ukraine in 2022, as the war in the Middle East sends a severe shock through global commodity... 

S&P expects sub-Saharan Africa’s growth to remain stable despite global headwinds

While global growth is expected to slow to 2.4% for the year, down from the previously projected 2.9%, growth in sub-Saharan Africa is still expected to reach 4.1% this year and 3.8% in 2027,... 

Alvarez & Marsal opens first African office in Cape Town

Global professional services firm Alvarez & Marsal (A&M) has launched its first African office in Cape Town to meet rising demand for support to address complex operational and financial... 

Nedbank arranges $700m for Phase 2 of Ivanhoe’s Platreef mine

Financial services firm Nedbank Corporate and Investment Banking (Nedbank CIB) has provided $700-million debt financing for Phase 2 of TSX-listed diversified mining company Ivanhoe Mines' Platreef... 

Perseus Mining appoints Wade Bickley as incoming COO

ASX- and TSX-listed gold mining company Perseus Mining has appointed Wade Bickley as COO with effect from June 1. Bickley, who will be based out of Perseus’s Dubai office, has more than 25 years of... 

Local govt White Paper aims to create new social contract in municipalities – Hlabisa

Municipalities and the services they provide are foundational for the functioning of society and businesses, and creating effective, efficient and sustainable municipalities is a focus that has... 

Two miners die in incident at Sibanye-Stillwater’s Kloof 8 shaft

JSE- and NYSE-listed metals mining company has announced that two employees have died in an incident at its Kloof 8 shaft on May 3. During preparations for a routine, scheduled shaft inspection, an... 

Municipal engineers raise red flags over local govt White Paper overhaul

Industry organisation the Institute of Municipal Engineering of Southern Africa (Imesa) says the draft White Paper on Local Government has critical gaps, despite the latest rounds of consultation... 

World Bank warns largest energy price surge in four years will drive inflation

Energy prices are projected to surge by 24% this year to their highest level since Russia’s invasion of Ukraine in 2022, as the war in the Middle East sends a severe shock through global commodity... 

AGC delivering South African-made raise bore machine to a customer in India

Specialised mining equipment manufacturer Atlantis Group of Companies (AGC) has shipped its latest raise bore machine to industrial and mining services company Laxyo, in India. This marks the... 

SAF planned at Saldanha Bay

Energy company Phelan Green, through its clean fuels subsidiary Phelan eFuels, has selected industrial technology manufacturer Honeywell’s renewable fuel process technology for its planned electro-... 

Investec to use $200m IFC loan to support sustainable building in South Africa

Financial services firm Investec Bank has secured a $200-million loan from development finance institution the International Finance Corporation (IFC) to support the expansion across South Africa... 

Global energy demand up 1.3% in 2025, electricity demand up by 3% – IEA

Global energy demand growth slowed to 1.3% in 2025, which is slightly below the preceding decade’s average of 1.4% and significantly lower than in 2024, while global electricity demand increased by... 

Greater AI fluency in tandem with expert skills foundational for effective deployment

While artificial intelligence (AI) systems require information technology (IT) and data science skills to deploy, they also demand industry-specific expertise to ensure their effective integration... 

Ramaphosa says fixing local governments key to South Africa’s development

Economic growth is an outcome of a well-functioning system and unlocking local economic development requires fixing service delivery, which requires fixing governance, President Cyril Ramaphosa... 

Mkango subsidiaries to collaborate in UK grant-funded project to develop recycled magnets

Aim- and TSX-V-listed rare earth elements and associated minerals company Mkango Resources’ subsidiaries HyProMag and Mkango Rare Earths UK have been named as collaborative project winners of the... 

Investors increasingly influenced by industrial policy and technology prowess, amid geopolitical tension

Management consulting firm Kearney's ‘2026 Foreign Direct Investment Confidence Index’ reflects a global investment environment shaped by intensifying geopolitical tensions, expanding industrial... 

South Africa needs to reintroduce exploration into its mining DNA

Exploration is the start of any mining value chain and increasing investment in exploration is fundamental to South Africa using its mineral resources to drive development of its industries and... 

Africa Trade Barometer highlights ease-of-trade improvements leading to investment

The latest ‘Africa Trade Barometer’, which has been published yearly by financial services firm Standard Bank since 2022 and which tracks businesses' perceptions of the ease of trade in Africa,... 

ASP Isotopes subsidiary partners with Necsa to produce HALEU nuclear fuel

Nasdaq- and JSE-listed advanced materials company ASP Isotopes’ (ASPI’s) nuclear fuel processing subsidiary Quantum Leap Energy (QLE) and the South African Nuclear Energy Corporation (Necsa) have... 

Samancor Chrome may retrench the majority of its 2 403 smelter, corporate employees

Ferrochrome producer Samancor Chrome has issued a retrenchment notice in terms of Section 189 of the Labour Relations Act (LRA). It envisages that about 2 400 employees may be retrenched at its... 

South Africa part of broader shift in acceleration of domestic solar panel production

Countries around the world are accelerating investment in domestic solar panel production capacity to strengthen energy security and industrial resilience, and South Africa is part of that broader... 

South Africa can expect fuel price increases amid Middle East conflict

The biggest immediate impact of the US-Israeli attack on Iran on countries like South Africa will be the elevated uncertainty about global oil prices and the prospect of higher fuel costs in the... 

AECI grows Ebitda, Ebitda margin; to invest in plants and equipment in 2026

JSE-listed mining and chemicals multinational AECI posted revenue of R32.1-billion for the year ended December 31, 2025, which was down 4% on the prior year; however, it achieved record earnings... 

Just transition an environmental, economic, social imperative, PCC says

A just transition is more than an environmental stewardship imperative, but is also an economic and social imperative and South Africa must ensure the shift to a low-emissions and climate-resilient... 

AMCU calls for enforcement of missing persons locator systems in mining sector

Trade union the Association of Mineworkers and Construction Union (AMCU) says various incidents of mineworkers going missing underground point to possible failures in the implementation, monitoring... 

Lion Smelter achieves first ferrochrome production tap after lower tariff, but still unsustainable

The Lion Smelter in Steelpoort, Limpopo, achieved its first ferrochrome production tap on February 16, following the successful recommissioning of 50% of its operating capacity, says natural... 

DMPR warns Gugulethu residents against illegally mining gold

In response to media reports of citizens digging up parts of the Gugulethu section of the Payneville informal settlement in Springs, Ekurhuleni, seeking to find gold-bearing material, the... 

EWSETA welcomes €2m investment to develop critical minerals, battery skills

The Energy and Water Sector Education and Training Authority (EWSETA) has welcomed the €2-million investment received from the EU to advance demand-driven skills development linked to South... 

Afrimat reports stable performance, expects trading conditions to remain difficult in coming year

JSE-listed industrial minerals and construction materials producer Afrimat, in a pre-close operational update for its financial year ending on February 28, said trading conditions were expected to... 

Upcoming launch of electricity market seen as key step towards competition

Various organisations in the electricity sector are anticipating the start of the South African Wholesale Electricity Market (SAWEM) this year as a step towards phasing in a liberalised market, in... 

Afreximbank, DBSA partner to boost trade finance capacity for intra-Africa trade

Multilateral finance institution the African Export‑Import Bank (Afreximbank) and development finance institution the Development Bank of Southern Africa (DBSA) have signed a Master Risk... 

Tshiamiso Trust has paid out R2.5bn in silicosis, TB compensation

Independently managed trust the Tshiamiso Trust has disbursed R2.5-billion to eligible claimants in compensation as agreed in the historic silicosis and tuberculosis (TB) settlement agreement. The... 

MQA to host Mining Skills Lekgotla in late Feb

Sector education and training authority the Mining Qualifications Authority (MQA) will host the 2025-2026 Mining Skills Lekgotla at the Gallagher Convention Centre, in Midrand, Gauteng, on February... 

Global FDI rebounds, but developing economies miss out – Unctad

Global foreign direct investment (FDI) rose 14% in 2025 to $1.6-trillion, rebounding after two weak years, although most of the increase came from financial flows through global hubs and not new... 

Only 30% of CEOs confident about revenue growth in the next year – survey

Audit and assurance firm PwC's ‘2026 Global CEO Survey’ shows that only three in ten, or 30% of, CEOs say they are confident about revenue growth over the next 12 months, which is down from 38% in... 

Cape Town International recorded 11.1m two-way passengers in 2025

Cape Town International Airport saw a record-breaking 11.1-million two-way domestic and international passengers during 2025, and also surpassed its December 2024 international passenger record.... 

Market liberalisation, grid access needed to sustain energy reform momentum

Even if only incremental steps are taken, South Africa must continue to progress its electricity market liberalisation and reform agenda, such as launching the South Africa Wholesale Electricity... 

Sasol reports Louisiana cracker plant restart, beneficial operation at South African destoning plant

JSE-listed energy and chemicals company Sasol, reporting on its performance for the six months to December 31, 2025, says its Southern Africa destoning plant reached beneficial operation in... 

Stakeholders invited to comment on Eskom’s ferrochrome NPA application

The National Energy Regulator of South Africa (Nersa) invites members of the public to submit comments on State-owned power utility Eskom’s request for a temporary electricity price relief for...