South Africa has secured a landmark US$474.6 million loan agreement with the African Development Bank (AfDB), aimed at accelerating its Just Energy Transition (JET) framework. The concessional loan spanning 15 years with a 3-year grace period comes at an attractive…
South Africa will take the global spotlight this November as Cape Town hosts the International Commodity Summit 2025 (ICS2025), a premier gathering of global leaders in mining, energy, trade, and finance. Taking place from 18–20 November, ICS2025 is expected to…
African Energy Week (AEW) 2025 is set to host Nigerian President Bola Ahmed Tinubu, who will address delegates at Africa’s premier energy event in Cape Town. His presence comes as Nigeria undergoes groundbreaking reforms in oil, gas, and energy, aiming…
Exxaro Resources and Eskom have officially signed a Memorandum of Understanding (MoU) to collaborate on strategic initiatives aimed at reducing carbon emissions and advancing South Africa’s commitment to a low-carbon economy. The agreement, which includes research efforts and investment in…
Parliament has adopted the 2025 Fiscal Framework and Revenue Proposals, with 194 votes in favor and 182 against, after intense deliberations. This decision has sparked heated political and legal discussions, leaving the Government of National Unity (GNU) facing an uncertain…
Sibanye-Stillwater has set an outstanding milestone when its Finnish Keliber lithium project and French GalliCam project were given Strategic Project status under the European Union’s Critical Raw Materials Act (CRMA). Accreditation reflects the company’s pioneer move towards autarkic Europe in…
“The natural gas demand will grow exponentially, the tipping point in shifting to cleaner energy,” announced the Gas Exporting Countries Forum (GECF) in its latest Global Gas Outlook Report 2050. Not a prediction rather an indication of our shared trajectory…
South African consumer inflation price remained at 3.2% in February, the same as January, according to figures released by Statistics South Africa. The flat rate is a seesawing economic performance despite stresses in broad categories such as food, utilities, and…
South Africa’s national power utility, Eskom, has made substantial strides in restoring stability to the country’s power grid following a series of unforeseen incidents at multiple power stations. Over the past weekend, critical faults at Majuba, Camden, and Medupi power…
For the first time in history, South Africa is leading the Group of 20 (G20) Presidency, with President Cyril Ramaphosa at the helm. He has made an impassioned plea to global leaders to embrace inclusivity, cooperation, and reform. Speaking at…
The African continent stands on the cusp of a mining revolution, as stated by South African Minister of Mineral and Petroleum Resources, Gwede Mantashe. Addressing the Investing in African Mining Indaba 2025 event in Cape Town, Mantashe emphasized the urgent…
The South African mining industry faced substantial pressure in 2024 as lower non-gold commodity prices and logistical bottlenecks diluted the positive impacts of the absence of mining load curtailment since the end of March 2024. This resulted in a marginal…
