Catch up on the latest news
SA on a precipice, says Thungela boss Sango Ntsaluba Thungela chair says clear, actionable and measurable steps must be taken to resolve the energy crisis and rein in illegal mining activities
Coal miner and exporter Thungela Resources has challenged government to act decisively to resolve the energy crisis and lawlessness that are costing the industry dearly. Thungela chair Sango Ntsaluba, in the group’s annual report released on Wednesday, said it is important that clear, actionable and measurable steps are taken to resolve the energy crisis and …
Businesses respond to new BEE and transformation laws
Business Unity South Africa (BUSA) says that business welcomes long-awaited clarity on the Employment Equity Amendment Bill. However, there are still aspects of the law that remain problematic. BUSA is a non-profit company that represents organised business interests in the country, consisting of roughly 35 organisation members stretching across chambers of commerce, unisectoral, corporate representative …
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Britain should embrace new coal mining
For those of us who remember the miners’ strike in the 1980s it takes some getting used to the journey made by coal miners over the past 40 years: from working class heroes to climate ‘criminals’. To hear today’s reaction to the news that Michael Gove has granted permission to build Britain’s first deep coal mine …
4 questions to read the signals and predict the future
https://www.ittakesatsunami.com/post/4-questions-to-read-the-signals-and-predict-the-future“We just never saw it coming” brands the tombstones of many insolvent companies that have faded into history. But why couldn’t they see the dangers lurking in the not-too-distant future? And it’s not just companies that get blindsided, but governments do too. Consider the countries and economies unprepared for Covid-19, Russia’s invasion of Ukraine, the …
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Should finding the perfect BEE partner be so tough?
Through the Intombazane Development Trust, aided by BEE consulting firm Gestalt, your business can reach the highest possible empowerment score for the lowest investment. When it comes to BEE and your business, finding the right partner is a challenge. Gestalt, an expert in broad-based BEE (BBBEE) consultation, says there are a number of important criteria …
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1st Quarter operating results update for the period ended 30 September 2022 (“Q1”)
Goldplat, the AIM listed Mining Services Group, with international gold recovery operations located in South Africa and Ghana, servicing the African and South American Mining Industry, is pleased to announce an operational update for Q1. The two recovery operations continued the strong combined operating performance of the previous quarter and achieved a combined operating profit …
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Barloworld lists South Africa’s first gender-linked bonds on the JSE
Barloworld, an industrial processing, distribution and services company with two primary areas of focus: Industrial Equipment & Services and Consumer Industries (food and ingredient solutions), has listed two gender bonds on the Johannesburg Stock Exchange (JSE). The listing will help the company to increase the participation of women in its leadership structures and supply chain. …
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Why Financial Literacy needs to start at a grass roots level
49% of South Africans are deemed financially illiterate and approximately only 5% of South Africans will be able to retire comfortably. These facts are beyond frightening considering just how big of an impact personal finances play in shaping an individual and a countries future. “I believe financial literacy needs to urgently be introduced into the …
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United COVID Response Sets Stage For Next Phase Of South Africa’s Future – Anglo
This is the view of July Ndlovu, the CEO of Anglo American’s coal business in South Africa, who states in an op-ed to Mining Weekly that the Covid-19 pandemic has brought about several challenges for South Africa, its people, and industries such as mining, as one of the country’s largest employers.