Tag: Extractive industries

The widely expected development of a South African gas economy, especially after the discovery of massive reserves in neighbouring Mozambique in February 2010, has failed to take o...

Earlier this year, the London Bullion Market Association estimated that there are 15 million artisanal and small-scale gold miners in the world, responsible for 15-20 percent of gl...

Local news Metals, engineering sector bearing the brunt of various economic events (Engineering News) After starting the year off strong, the outlook for the metals and engineeri...

The signing, in June, of a framework agreement between the Government of Tanzania and two oil and gas majors, Shell and Equinor (previously Statoil), is an important milestone in g...

South African mining enjoyed a magnificent 2021. Driven by soaring international commodity prices, the value of minerals production exceeded ZAR1 trillion, that year, the highest v...

Local news SA Cangegrowers calls on government to honour Sugar Masterplan commitments (Engineering News) When Minister Ebrahim Patel delivers the budget for the Department of Tra...

Local news Covid-19 sets SA auto industry back three years in achieving masterplan targets (Moneyweb) The Covid-19 pandemic has put South Africa’s automotive industry back by a...

It is widely known that South Africa’s gold mining industry has been in decline for many years. But what may be less well-known outside specialist circles is the extent to which ...

The possibility of a global ban on fossil fuels has ominous developmental implications for much of Africa. Nearly 50 percent of the continent’s exports are made up of hydrocarbon...

Local news South Africa takes massive digital leap forward, says Ramaphosa (Engineering News) Last week, government concluded the auction of high-demand spectrum for mobile telec...

When TotalEnergies declared force majeure on its Liquid Natural Gas (LNG) project in Mozambique’s northern Cabo Delgado province in April last year, in the face of a violent...

Fraudulent activity in South Africa’s second-hand gold market has been happening for years. But the details contained in a 2021 judgement suggests that the scale of this trade ma...

Country-related news Trade Statistics for December 2021 (South African Revenue Service) SARS has released trade statistics for December 2021 recording a preliminary trade ba...

Country-related news Investments worth more than R26bn in SA’s ocean economy unveiled (Moneyweb) A package of investments worth more than R26 billion in South Africa’s oceans...

National South Africa wants to introduce a vaccine passport – but there’s a catch (BusinesTech) The Department of Tourism says that it wants to introduce a vaccine passport f...

Almost all of the emerging green economy’s high-demand minerals are found in abundance in Southern Africa. Indeed, the region dominates both current supply and known reserves for...

Country focus Short-term low growth is ‘new normal’ (Moneyweb.co.za) As the impact of the Covid-19 pandemic continues to ripple through 2021 and South Africa faces economic c...

Country focus SA must embrace innovation to rebuild economy: President Ramaphosa (SAnews) With the COVID-19 pandemic having battered the South African fiscus in 2020, President C...

National South Africa’s refinery woes raise reliance on fuel imports (BusinessTech) South Africa, which buys nearly a third of its fuel requirements from overseas, is undergoin...

National Third chapter of SA investment conference gets underway this week (The South African) President Cyril Ramaphosa will host the third South Africa Investment Conference on...